/biz/ - Business & Finance

Using paper wallets with Monero is fun

> Create paper wallet, save address
> Send funds to address
> Look at block explorer to see if they got there
> "It appears your looking for a Monero address, yeah... No.
> Load paper wallet on PC to check balance, yep it's there
> Make new paper wallet cuz I just burned the old one

>>2833647
>and an unknown amount of Monero.
Yeah, been planning to buy some. Will pick an exchange this weekend.

>>2833721

there is a way to verify offline but yeah thats what happens here too lol

Uh isn't that because that was all the currencies Alphabay accepted?

>>2834150
They're saying that Monero is the only truly anon one.

why hasn't monero truly caught on?

I mean relative to other cryptos its got very good value atm, but its stagnant. Not going up, not going down.

>>2834158

They just started taking zcash literally days before they got busted, not like there was time to build up a big wallet

>>2833647
This is what use to hide my bitcoin.

>buy BTC on exchange Trade it for Monero
>Send trade out of Monero to BTC wallet that can't be connected to me
>Day trade on Bitshares DEX
>sell via cash face to face when fiat needed

>>2834255
Kind of Overkill unless you got those bitcoins unethically

>>2834266
>buy Bitcoin legally with verification
>Tax Man follows the coins to an exchange
>Tax Man subpoenas the exchange, revealing your gains
>Jail

>>2833647
But if they have the wallet, why don't they have the total? Monero doesn't hide your balance from yourself, afterall.

>>2834255
why not simply

>buy face-to-face with cash
>trade shitcoins
>sell face-to-face with cash

>>2834284

they probably only got the address first, if you read the doc thats how they got the sum of all his crypto except with Monero because you can't know the balance just looking the address in the blockchain because there is nothing there.

>>2834279
>he doesn't use BTCe

>>2834355
https://www.google.com/#q=btc-e+account+suspended

>>2834194
>an unkown amount of Monero
the point is, if zcash were truly anon, they wouldn't have been able to figure out the wallet balance.

>>2834371
>he keeps his money on exchanges
Stay poor

Well we now have TRUE example of how powerfull Monero is really is with it's tech. Only geek truly know about it, an people who did their own reasearch. Monero is no shitcoin like all others.

I'm curious how much demand comes from the dark markets. You would think a takedown would affect Monero's price, but it's completely detached from fundamentals and is up.

>>2833647
>>2834284
they seized the wallet total (pg 21, ln 23)
>Server 10073 hosted an encrypted container that included an unencrypted Monero wallet with one address holding a balance of 11,993.15882 Monero.

>>2834473

thats what was in the servers sized, not in his personal computer (OP's point)

What a time to be alive! We have fuckin' computer geniuses who run business to sell drugs and use internet money to transact, an we can be anonymous online! Monero will sure mooon once people will realise how much privacy is important

>>2834603
>>2834411
cant tell if satire

>>2834181
Price isn't reflective of a currencies usage, it's how much people are willing to buy/sell it for.

>>2834181
You can't even know how much Monero is actually in circulation, or how much are people holding, or how many transactions are actually done
Also, the spokepersons actively try to kill any mooning it has, and it's public code/road plans/everything means that any news will be part of the price before they become news

>>2835513
>You can't even know how much Monero is actually in circulation

wrong you can, moneroblocks.info

>>2835595
A lot of that volume is used to increase privacy, not to exchange for something else

>>2833781
How?

>>2835805

http://xmr.llcoins.net/checktx.html