On 07/15/2015 04:37 AM, odinn wrote: <SNIP>
Re. your "untraceable" remarks, bitcoin is not untraceable. It's basically transparent. There are a few things that have been added recently to enhance privacy, but sorry, not untraceable or anonymous or anything like that.
| China-based Bitcoin exchange Bter has announced that it will | continue to operate its service and pay back all its users in | time, following a cyberattack that saw the company lose $1.75 | million in cryptocurrency to hackers. | | Bter says that it managed to trace the stolen 7,170 BTC to a | Bitcoin mixer (a cryptocurrency laundering service) called | Bitcoin Fog, but hasn’t heard from the company despite | repeated attempts to make contact. http://thenextweb.com/insider/2015/03/12/chinese-bitcoin-exchange-bter-will-... Bitcoin Fog is a Tor hidden service. If they can successfully launder 7170 BTC, that's good enough for me. <SNIP>