Smart or Stupid (Buying bitcoin direct to your market wallet)

In good standing with one of the biggest btc sellers on lbc. Direct deals, no escrow, straight from his/her wallet to the market. Saves a lot of time going from lbc to electrum to market, but does it compromise opsec? They have my phone number. Generate a new wallet adress everytime of course. Like I said they are huge so they have a lot of transactions going.. What does the community think about this?


Comments


[5 Points] Chronicpurple:

If you're gonna do it, get a cheap $10 pre-paid phone from Wal-Greens or something, activate it, and let your LBC seller know that's your new number and he'll probably overwrite your existing number on his contact list instead of making a separate entry. At that point, you're actually safer to have him send the BTC directly to the markets because in the very unlikely scenario where LE bothers to follow the blockchain, it'll lead to the seller and your pre-paid phone would have been disposed long ago as soon as the market got seized.

But from the ethics aspect, it's questionable at best.


[1 Points] DNMcronny:

Come on reply someone!


[1 Points] Thethrowawayyy000:

If your talking about direct deals. I vaguely remember a post similar to this where some vendor account commented and said something like "chances are you may have bought bitcoin from me or someone like me. I could be the guy you just did a direct deal with. The bitcoin your buying on lbc is just coming back to the market wallet. We all have to cash out somehow." Idk the validity but it's a thought..


[1 Points] DanTheBitcoinMan:

Just have them send to your wallet or LBC wallet first.

There is nothing illegal about buying Bitcoin. Now when you are clearly having the Bitcoins directed to an illegal market, that's something different. I'd be worried if he was willing to directly send them their for you, he's risking a whole lot more than you are in this situation.

Also that silly shit about Blockchain analysis and if market goes down they will run to him, that's just bullshit. If they are using the wallet on their phone it's likely a BIP32 compliant wallet which is using new addresses every time, it's not like he has phone numbers registered to his bitcoin transactions.

A good Bitcoin seller will teach you a little OPSEC and give you best practices for handling things.


[1 Points] DNMcronny:

Thanks everyone :)


[0 Points] Shroomgawd:

No it's stupid stop posting the same type of threads every week. This has been answered so many times.