So I steal your bitcoin, you can see where I sent them, but you donât know who I am? I send your stolen bitcoin to someone else then to get a further degree of removal?
What if I buy a dirty bitcoin off you and give you a clean one -40% back. Then buy another dirty bitcoin off you -40%, with the dirty bitcoin repeat, repeat, repeat, repeat
Thatâs too much thinking for me on a Thursday afternoon.
you buy bitcoin with a stolen credit card. As far as I know itâs almost impossible to âstealâ bitcoin.
Lets say a bitcoin is $10,000 for easy maths.
I give you my clean bitcoin for 1.667 dirty bitcoins.
I now have 1.667 bitcoins. Immediately worth $16,667
Now I buy two more dirty bitcoin, using the dirty bitcoin I just bought, for $12,000 (and still have $4,667 left).
These two dirty bitcoins are now worth $20k straight away, so I have $24,667 in two transactions off of $10k. 
I think youâve made a fundamental error in your theory,
you are assuming that people are trading clean bitcoin for dirty ones. I think itâs the other way around. People trade dirty bitcoin for clean ones. so your ratio goes from 1:1.667 to 1.667:1.
If someone is trading dirty bitcoin for clean ones, then someone is trading clean ones for dirty ones. two sides to every story etc.
Anyway whatever the math, if Iâm buying something at a 40% discount to itâs true value, that I can then use to buy more at a 40% discount to itâs true value then Iâm in the money.
A perpetual money machine. And if thereâs no such thing as a dirty coin?
youâre basically paying someone to assume the risk, right. If you are buying 1 clean bitcoin for 1.667 dirty bitcoin, the person who buys the dirty bitcoin, has to clean it right, at a cost, Iâm presuming. Theyâve now got 1.667 dirty bitcoin, they canât trade it back to themselves, they then have to go to another agent and buy clean bitcoin for maybe a cheaper rate.
My brain hurts.
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But isnât the thing about bitcoin that itâs anonymous so no one would know whether itâs dirty or not fter a transaction? I presume the bitcoin has been bought with a stolen credit card as you say and it could be traced back to you via that if you still had it. But like homestore and more, once itâs gone once itâs gone. Into the sea of Internet
Go Bitcoin to Monero and Back to Bitcoin and youâll be grand id sayâŚ
every transaction is recorded on the block chain, through a public address. Iâd assume many of the laundering techniques for bitcoin involve trading the dirty bitcoin off for a different e-currency or for cash, youâre basically selling off the risk to an organisation that assumes it, their profit is in the risk and the margin they get on the subsequent trade.
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Weâre putting way too much thought into this.
True, go way and try it there and let us know how you get on
Lucky I bought the VPNs last night
Apes posting up their betting slips
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Terrible news. Theyâre actually the only crowd I was able to have a lucky15 with and it was through my fatherâs account.
Strange. They are hardly losing money on those overall?