[Exit Scam] RoyalMix.io

[ZAINmalik75]

Anoynmizing will also mean cleaning illegal BTC to legal ones. The statement they wrote about clean and dirty BTC is a good one because it tells the AML fighters that they have blocked the blacklisted wallet addresses holding dirty BTC so they won't be mixing here thus it's a surety for the long-term existence of the platform.

I like the statement because they care about their users. Who would want to mix their coins with dirt BTC after some time due to the involvement of regulatory departments you will be facing problems. It's better to void dirty BTC. Rephrasing the word is not a good idea.

I'm not sure I understood you best, can you explain what exactly you mean here?

Where did they say and how did you come to the conclusion that Royalmix blocks blacklisted wallets?

Blacklisted wallet addresses means they are reported by authorities that they have been involved in money laundering therefore they can be blocked by royalmixer. I am not saying they wrote anywhere the method to prevent the inflow of dirty BTC is using a list of blacklisted wallets to confirm before confirming the session. I just thought they must be using this method because its the easiest way to do this.

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

[NotATether]

Blacklisted wallet addresses means they are reported by authorities that they have been involved in money laundering therefore they can be blocked by royalmixer. I am not saying they wrote anywhere the method to prevent the inflow of dirty BTC is using a list of blacklisted wallets to confirm before confirming the session. I just thought they must be using this method because its the easiest way to do this.

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

You cannot assume that any filtering is being done unless they explicitly say it.

Also, I generally dislike the idea of excluding any sort of address from mixers in the first place. You can think about it for a second with a simple example. I'm sure you know that there are a lot of BTC users in Iran or Venezuela for example. So what happens when a bunch of Bitcoin addresses belonging to these people are blacklisted for "money laundering" although it is a blanket ban?

The problem here is that we do not know the honesty of the people who make the rules about this.

[Z-tight]

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

A good mixer cannot require kyc or do anything to deanonymize their customers, that would defeat the purpose why one wants to use a mixer, which is for privacy and anonymity. I also do not believe in the 'dirty' BTC bullshit, neither do i agree that coins should be blackilisted, because that is an attack on BTC fungibility. RoyalMix service has not said anything about blacklisting addresses, so let us not speculate on that.

[notblox1]

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

Why on earth would any mixer ask for KYC from their customers and why would they try to prevent anything? 
RoyalMix is just a website that is offering a service to help users conceal their past transaction and provide more privacy.

[examplens]

I am not saying they wrote anywhere the method to prevent the inflow of dirty BTC is using a list of blacklisted wallets to confirm before confirming the session. I just thought they must be using this method because its the easiest way to do this.

This sounded completely different to me

that they have blocked the blacklisted wallet addresses holding dirty BTC so they won't be mixing here thus it's a surety

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

You seem like you don't understand the basic concept of a mixer. AML check and mixer service does not go together at all because one cancels the purpose of the other.

[bee]

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

Money laundering is what the address owner is trying to do with the mixer, and it doesn't actually change the fact that the next addresses tracked will be blacklisted as well. Don't think that services that implement KYC are not exploited by criminals. CZ was arrested for money laundering on his centralized service. Asking for kyc only hurts normal users who want privacy. The mixer business doesn't work this way.

[ZAINmalik75]

You cannot assume that any filtering is being done unless they explicitly say it.

Also, I generally dislike the idea of excluding any sort of address from mixers in the first place. You can think about it for a second with a simple example. I'm sure you know that there are a lot of BTC users in Iran or Venezuela for example. So what happens when a bunch of Bitcoin addresses belonging to these people are blacklisted for "money laundering" although it is a blanket ban?

The problem here is that we do not know the honesty of the people who make the rules about this.

Got your point. I will be more careful next time with my words, explicitly. I also don't like the idea of excluding addresses from using a mixer because then what purpose it will have?

A good mixer cannot require kyc or do anything to deanonymize their customers, that would defeat the purpose why one wants to use a mixer, which is for privacy and anonymity. I also do not believe in the 'dirty' BTC bullshit, neither do i agree that coins should be blackilisted, because that is an attack on BTC fungibility. RoyalMix service has not said anything about blacklisting addresses, so let us not speculate on that.

I also tried to say the same thing, that KYC can't be taken via mixer because that's not their purpose. I did not know about the thoughts of you guys on dirty BTC but I am glad now I know.

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

Why on earth would any mixer ask for KYC from their customers and why would they try to prevent anything? 
RoyalMix is just a website that is offering a service to help users conceal their past transaction and provide more privacy.

I also tried to say the same thing.

You seem like you don't understand the basic concept of a mixer. AML check and mixer service does not go together at all because one cancels the purpose of the other.

I know mixers should not be asking around for our IDs and that's what their purpose is. And that's not what I meant. I said they can't ask for IDs then they might be using this method for blocking purposes, but I never said they wrote it somewhere, I thought it was the easiest way to make it happen so I put maybe. I was unable to convey my point.

They are not obtaining KYC and other stuff to prevent Money Laundering. So this must be it. If you want to share something on this then I'm all ears.

Money laundering is what the address owner is trying to do with the mixer, and it doesn't actually change the fact that the next addresses tracked will be blacklisted as well. Don't think that services that implement KYC are not exploited by criminals. CZ was arrested for money laundering on his centralized service. Asking for kyc only hurts normal users who want privacy. The mixer business doesn't work this way.

I have a good knowledge that, KYC can't really stop money laundering because people are so smart that they can bypass such verification systems too. I also know mixers aren't supposed to ask for verification. I think I was unable to convey my point. Sorry for that.

[Roseline492]

have a good knowledge that, KYC can't really stop money laundering because people are so smart that they can bypass such verification systems too. I also know mixers aren't supposed to ask for verification. I think I was unable to convey my point. Sorry for that.

You are right because kyc is just a measure but it cannot prevent money laundering because even most exchanges that enabled the use of kyc I believe that most people still use it for money laundering but however in the case of mixers there is no way we should expect it to be kyc enabled because the purpose of Royalmix has nothing to do with kyc and also in terms of money laundering I don't think mixers should be question because they are only offering there services to people who wants to use there platform to mix.

[Z-tight]

Money laundering is what the address owner is trying to do with the mixer,

Maybe i didn't understand you well, but if it is what i think, take note that not everyone who uses a mixer is into an illicit business, people can choose to remain private without being involved in any crime. That's why if people ask you what you have to hide when you are concerned about your privacy, you simply tell them that you do not want people to have a knowledge of your funds, and you have a right to protect your privacy.

[icopress]

I spoke with the RoyalMix team regarding the JokerMix situation and was informed that the RoyalMix developers had previously worked on part of the JokerMix open source code (the collaboration was initiated by JokerMix). There is nothing else that connects these two mixers, including the mixing methods used by these platforms.

[SamReomo]

There is nothing else that connects these two mixers, including the mixing methods used by these platforms.

It's great to hear that RoyalMix and JockerMix aren't run by same team. It's good to know that those two mixers aren't connected with each other and hope to see both of them getting success in mixer world.

[notblox1]

I spoke with the RoyalMix team regarding the JokerMix situation and was informed that the RoyalMix developers had previously worked on part of the JokerMix open source code (the collaboration was initiated by JokerMix). There is nothing else that connects these two mixers, including the mixing methods used by these platforms.

Where is that opensource code for jokermix for us to see?
Today I tested that mixer, I could not perform and finalize mixing because of their error, and I didnt see any link for their source code.
I am hoping that Royalmix dont have the same bugs as jokermix.

[icopress]

I am hoping that Royalmix dont have the same bugs as jokermix.

There is no need to worry, the mixer is working normally.

Btw, I have great news.

The RoyalMix team informed me that fees have been reduced! The information on the website has been updated.

[notblox1]

]There is no need to worry, the mixer is working normally.

I dont worry about that.

The RoyalMix team informed me that fees have been reduced! The information on the website has been updated.

What are the fees now after this change?
I visited RoyalMixer page and they are still showing 7.5% fee when mixing less than 0.01 BTC.
Than I started mixing procedure and I saw the same fees like before.
Lowest fees are 1.3% but that is only for whales that have between 25 and 50 Bitcoins.

[Makus]

I spoke with the RoyalMix team regarding the JokerMix situation and was informed that the RoyalMix developers had previously worked on part of the JokerMix open source code (the collaboration was initiated by JokerMix). There is nothing else that connects these two mixers, including the mixing methods used by these platforms.

Where is that opensource code for jokermix for us to see?
Today I tested that mixer, I could not perform and finalize mixing because of their error, and I didnt see any link for their source code.
I am hoping that Royalmix dont have the same bugs as jokermix.

There is no need to panic, Royalmix is working perfectly fine, all you need to do is just follow the usual procedures and you'll get your coin mixed to your receiving wallet address.  I'm glad hear that the both mixers have nothing in common, the Development  Team  on Royalmix has been really outstanding in providing solutions to bugs and issues on the mixing, and currently the program is free from bug and you'll definitely acknowledge a good user experience when you try it out.