master.on
New Member
Has anyone used it instead/besides a btc tumbler?
Over the last year, the value of the hyper-anonymous cryptocurrency Monero grew 2,760 percent, making it almost certainly the best-performing cryptocurrency of 2016. Today each Monero is worth around $12, compared with just 50 cents at the beginning of last year, and the collective value of all Monero has grown to close to $165 million
Compare that to $137 billion+ current Bitcoin market capAnd that was 10 months ago... Today Monero is over $160 with a market cap of $2.5 BILLION
Bitcoin tumblers are traceable, don't use them.
The only way to anonymize your bitcoins would be like:
1. Buy BTC from exchange;
2. Use shapeshift.io to exchange BTC for Monero;
3. Send the Monero to a personal Monero wallet (through TOR);
4. Use xmr.to to enchange Monero back to BTC;
5. Send that BTC to a clean personal wallet (once again, through TOR)
I recommend to use wallets through TOR servers, otherwise your IP will be listed on all your transactions at Blockchain...
This is why I still think everyone here should be forcing sources to use monero thus eliminating the need for steps 4 & 5.
That is true. But we are talking about privacy here and unfortunately this is the only way to accomplish that right now.
Most sources will pick profit over customer security any day. Any source that had 20k in btc a little over a year ago would have over 600k today.
Besides, if they allow other payment methods, they could easily allow monero aswell and still keep bitcoin, then customers have a choice.
They can always take an altcoin and turn it into BTC just as fast as we send it...slight fee loss, however.Sources aren't using bitcoin for the sake of the customers, they are using it because they are making a killing off of it. If they switched to something else they would lose a shit ton of profit as nothing else is increasing in value like bitcoin is. Any source that's been accepting bitcoin since September 2016 has made a fortune!
You make good points here...perhaps a necessary "hey sources on Meso" thread might be wise in the UG at some point. I wonder if its they are unaware or just keeping the crypto method as basic as possible (for the consumer)?
@23inch i quoted you but its not showing up for some reason.
You make good points here...perhaps a necessary "hey sources on Meso" thread might be wise in the UG at some point. I wonder if its they are unaware or just keeping the crypto method as basic as possible (for the consumer)?
@23inch i quoted you but its not showing up for some reason.
Good luck with that. If anything, it will be the sources who force customers to use monero. Sources were prepared to use bitcoin long before the steroid consumer market came aboard. The ones who offered it as a payment option early on complained about the lack of demand for it. Consumers only slowly and often begrudgingly went along.This is why I still think everyone here should be forcing sources to use monero thus eliminating the need for steps 4 & 5.
Good luck with that. If anything, it will be the sources who force customers to use monero. Sources were prepared to use bitcoin long before the steroid consumer market came aboard. The ones who offered it as a payment option early on complained about the lack of demand for it. Consumers only slowly and often begrudgingly went along.
I can't see why having Monero as a payment alternative would ruin any business
it would be wise, as a source, to show care about your business/customers and being willing to take a step further in order to protect their privacy.