1. 09-25-16 03:44 PM #36
    Microphone
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    Quote Originally Posted by BaseballChaser View Post
    I've only ever gone:
    Sportsbook>blockchain>coinbase

    I'm going to sound dumb as I'm a really big bitcoin noob, but what do you do to make a trade?
    It's not dumb, I have no clue either.
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  2. 09-25-16 04:21 PM #37
    cincy
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    Quote Originally Posted by Optional View Post
    The receiver sees only the details attached to the ID you send with. So not your entire wallet account if you use a new ID each send.
    How do I use a new bitcoin address on blockchain for each send? I see where I can request a new bitcoin address for receiving bitcoins but I can't figure out how to generate a new bitcoin address in my blockchain wallet to send bitcoins that I already have in my wallet.
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  3. 09-25-16 06:53 PM #38
    Optional
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    Quote Originally Posted by cincy View Post
    How do I use a new bitcoin address on blockchain for each send? I see where I can request a new bitcoin address for receiving bitcoins but I can't figure out how to generate a new bitcoin address in my blockchain wallet to send bitcoins that I already have in my wallet.
    The latest version of the blockchain wallet automatically uses a new send address each time.

    You only need to manually generate a new address when giving it to someone for receiving.
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  4. 09-25-16 11:08 PM #39
    nymfan99
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    Quote Originally Posted by nymfan99 View Post
    Is it possible for a book to trace source of funds? For example, If I withdraw from a book to blockchain and then transfer to another blockchain account and another person deposits into the same book where the original withdrawal came from, could the book somehow trace that?
    Can anyone please answer this if they know.
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  5. 09-25-16 11:27 PM #40
    evo34
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    Quote Originally Posted by LT Profits View Post
    Deposit:

    circle/coinbase > EXCHANGE (make at least one trade) > Blockchain > sportsbook

    Withdrawal:

    sportsbook > Blockchain > EXCHANGE (make at least on trade) > circle/coinbase

    You now have your plausible excuse if circle/coinbase asks, you are a trader at the exchange. When I told coinbase that, they RAISED my limits, I am now at 10K buy, 15K sell.
    What exchanges do you use?
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  6. 09-26-16 02:16 AM #41
    evo34
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    General bitcoin question:

    Let's say you receive two deposits of exactly 1 BTC to your new blockchain wallet, leaving you with a total balance of 2 BTC. You then send 1 BTC to a third party. Is that transfer made up of specific bitcoins you have received (e.g., 70% from deposit #1, and 30% from deposit #2), or are "coins" themselves fungible and not able to be specifically tracked?

    Put another way, which is correct:

    1) Someone can see that address X received 2 BTC from addresses Y and Z, and then sent 1 BTC to address A (and can see what address A's activity history is).
    2) Someone can see that address X received 2 BTC from addresses Y and Z, and can see where each of these two deposits subsequently traveled (individually).

    I'm assuming #1 is correct, but from certain posts, it sounds like #2 is possible.
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  7. 09-26-16 04:23 AM #42
    Optional
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    Quote Originally Posted by nymfan99 View Post

    Can anyone please answer this if they know.
    It sounds like you want info to cheat a book. That's why I haven't answered and I assume why others are ignoring too.


    Quote Originally Posted by evo34 View Post
    General bitcoin question:

    Let's say you receive two deposits of exactly 1 BTC to your new blockchain wallet, leaving you with a total balance of 2 BTC. You then send 1 BTC to a third party. Is that transfer made up of specific bitcoins you have received (e.g., 70% from deposit #1, and 30% from deposit #2), or are "coins" themselves fungible and not able to be specifically tracked?

    Put another way, which is correct:

    1) Someone can see that address X received 2 BTC from addresses Y and Z, and then sent 1 BTC to address A (and can see what address A's activity history is).
    2) Someone can see that address X received 2 BTC from addresses Y and Z, and can see where each of these two deposits subsequently traveled (individually).

    I'm assuming #1 is correct, but from certain posts, it sounds like #2 is possible.
    Each bundle of bitcoin you receive is like a single cash note for that value. When it comes time to spend it you pass that entire "cash note" to the other person and they send you back change from it. Just like a cash transaction in real life.

    If your payment needs more than the value available in one note. A blockchain wallet will send the two notes required from different internal wallets to make up the total payment.


    As far as 1) and 2)... both are possible to see on the blockchain.
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  8. 09-26-16 05:31 AM #43
    evo34
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    Can you show an example of case #2 on blockchain.info? When I look at a transaction there, I am not seeing anything about individual coins being trackable, nor any "change" being sent back to anyone.
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  9. 09-26-16 06:02 AM #44
    Optional
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    Quote Originally Posted by evo34 View Post
    Can you show an example of case #2 on blockchain.info? When I look at a transaction there, I am not seeing anything about individual coins being trackable, nor any "change" being sent back to anyone.
    I don't really know how to show an example for you. Maybe Raiders can do this for us if he reads.

    Individual coins are not trackable. Only transactions and amounts.

    If using the latest version of the blockchain.info wallet you don't need to be too concerned as the change is automatically sent to a new address in your account, making it more difficult to see who was the spender and who was the receiver but not all wallets work this way. I don't know why the change addresses don't show up in the account transaction history in the blockchain wallet, but they don't, but they are still written to the public records.

    You can find out a bit more about how change works in the system here
    Last edited by Optional; 09-26-16 at 06:10 AM.
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  10. 09-26-16 06:58 AM #45
    LT Profits
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    Quote Originally Posted by evo34 View Post
    What exchanges do you use?
    Any would work including those in USA (provided you make a trade), but I use Kraken.
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  11. 09-26-16 07:01 AM #46
    LT Profits
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    Quote Originally Posted by Microphone View Post
    It's not dumb, I have no clue either.
    First I sell ALL my bitcoins in an attempt to disassociate my name from them and then I re-buy. Doing it once is enough to allow exchange to let you then transfer to either Blockchain (out) or Circle/Coinbase (in).
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  12. 09-27-16 03:47 AM #47
    nymfan99
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    so the traceability comes from sending or receiving the same btc from previous transactions? If you use different sending and receiving codes and use an exchange to dump btc for cash and vice versas it seems there shouldn't be an issue.
    Points Awarded:

    Optional gave nymfan99 5 Betpoint(s) for this post.

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  13. 09-27-16 09:11 AM #48
    nymfan99
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    Quote Originally Posted by LT Profits View Post
    First I sell ALL my bitcoins in an attempt to disassociate my name from them and then I re-buy. Doing it once is enough to allow exchange to let you then transfer to either Blockchain (out) or Circle/Coinbase (in).
    But is it possible to sell 100%? I think there will be always a small amount left over in your account, meaning when you sell ALL, there will be fractional amount left over and that fractional amount maybe traceable when you send it to blockchain or circle..

    Meaning if you move BTC from Circle > Blockchain wallet A > Kraken > Blockchain wallet B

    Will Circle be able to link to Blockchain B account? How can you ensure no linkage?
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  14. 09-27-16 09:21 AM #49
    LT Profits
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    Quote Originally Posted by nymfan99 View Post
    But is it possible to sell 100%? I think there will be always a small amount left over in your account, meaning when you sell ALL, there will be fractional amount left over and that fractional amount maybe traceable when you send it to blockchain or circle..

    Meaning if you move BTC from Circle > Blockchain wallet A > Kraken > Blockchain wallet B

    Will Circle be able to link to Blockchain B account? How can you ensure no linkage?
    You can easily sell all, kraken has limitless decimal amounts available, just do what you gotta do.
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  15. 09-27-16 09:40 AM #50
    nymfan99
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    where can I see the public logs where you can trace transactions?
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  16. 09-27-16 06:08 PM #51
    Optional
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    Quote Originally Posted by nymfan99 View Post
    where can I see the public logs where you can trace transactions?
    https://blockchain.info/

    Just enter your transaction ID or wallet address and search.
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  17. 09-28-16 11:01 PM #52
    Saintsfan1977
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    Can I go 5dimes> Poloniex>CirclePay> Bank?
    And the other way around or should I add a Blockchain wallet in between also?
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  18. 09-28-16 11:23 PM #53
    Optional
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    Quote Originally Posted by Saintsfan1977 View Post
    Can I go 5dimes> Poloniex>CirclePay> Bank?
    And the other way around or should I add a Blockchain wallet in between also?
    No, Polinex should do the job nicely. Even better if you use the btc for a trade there before passing it on, as LT Profits explained.
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  19. 09-29-16 12:34 PM #54
    Vortexx00
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    Just wondering should you do all these transfers for small amounts money..ex under $100?

    And can I do sportsbook > blockchain > Quadriga (make trade) > blockchain > sportsbook?

    Then if I want money to go into my bank sportsbook > blockchain > Quadriga (make trade) > Bank

    Thanks
    Last edited by Vortexx00; 09-29-16 at 12:38 PM.
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