Is Bitcoin really untraceable?

nope bitcoin is traceable the wallet company can see where u sent the bitcoin

In any case, the possibility of monitoring has been reduced to a minimum in relation to the established methods of payment

Its a really interesting topic bro
I think it wont work anymore

Bitcoin is in this economical climate, where they print huge numbers of new euro's and dollars. in my point of view a safe way to protect your assets of losing value. The more dollars and euro's the more trouble on the long run. Yes crypto goes up and down all the time. But euro/dollar is going down each year...

Lets take it like that: some bitcoins appeared in your wallet without you actually buying them. If you purchase things with bitcoin without switching it to actual fiat there's not a big chance to get traced but if you e.g. want to withdraw bitcoin to cash in like a supermarket or ATM there's a pretty big chance to get traced cause you went from online activity to real life activity

When we are talking about money it can not be untraceable because in this case we can talk about money laundering and does exist smarter guys than you and me who can trace any bitcoin transaction if they want to (I am referring to authorities)

18-07-2020, 09:39 AM

Whoamyou3888 Wrote: Because of the recent hack , am wondering if is not possible to trace that money stolen using popular people accounts . People life savings are in there

They say it is but i think certain people can see it

18-07-2020, 09:39 AM

Whoamyou3888 Wrote: Because of the recent hack , am wondering if is not possible to trace that money stolen using popular people accounts . People life savings are in there

Nope BTC it's not untraceble, everyone can see the transaction on Blockchain and if you live in EU for KYC/AML you need to give ID to buy BTC from a store

i thought bitcoin was untracable lmao o.o everybody says its the most secure

Bitcoin is traceable better go with Monero is alot harder to trace that crypto.