Silk Road forums

Discussion => Security => Topic started by: theonetheonlyandy on August 18, 2011, 01:05 pm

Title: Now that mybitcoin is down...
Post by: theonetheonlyandy on August 18, 2011, 01:05 pm
what other online wallets have you guys used to go from the exchanger in between the SR wallet? and please don't say download bitcoins desktop wallet. i hate that thing. transferring takes for ever. I prefer online wallets. and please suggest an easy online tumbler to use.
Title: Re: Now that mybitcoin is down...
Post by: PervertedPrude on August 18, 2011, 04:44 pm
Download a desktop wallet.

:P
Title: Re: Now that mybitcoin is down...
Post by: chronicpain on August 18, 2011, 08:20 pm
Thats weird, the bitcoin wallet on my computer only takes about an hour to get 6 confirmations. Thats going through Tor as well. Is using an online wallet really that much faster? If I want, when I get 1 confirmation I can start moving it to where i want. The longest its ever taken was about 5 hours and that was because Mt. Gox was having issues that day..But on average, it's only 1 hour to xfer bitcoin from one place to another.

Granted, you have to set up your client to pay .0005 bitcoins per transaction when you want to go through the socks4 proxy (Tor) which is like 1/2 a cent (if I did the math right). They recommend .01 bitcoins for faster service, but the .0005 seems to be working just fine. Every once in a while, I can get 6 confirmations in half an hour, but thats an exception, not the rule.

Granted, the above is what I would do if I didn't have my "secret" way of doing things.  I think it's important to have your own way of doing whatever and then keeping said way to yourself..
Title: Re: Now that mybitcoin is down...
Post by: rake on August 18, 2011, 11:33 pm
A Virtual Machine with a second wallet can be used as an intermediate between sites.
Title: Re: Now that mybitcoin is down...
Post by: chronicpain on August 18, 2011, 11:54 pm
Hit the nail on the head Rake. With VB  you can have windows, mac, linux so, right there you can have 3 wallets. A little over kill but, its much safer than putting trust on an online wallet.  Didn't we learn our lesson  yet?
Title: Re: Now that mybitcoin is down...
Post by: theonetheonlyandy on August 19, 2011, 12:21 pm
yea you guys are right. desktop wallet it is. :( and it way more than an hour for me. i think the shortest time i waited was 4 hours?? once i had to leave it overnight. but it gots to be done. thanks!!!!!
Title: Re: Now that mybitcoin is down...
Post by: CREAM on August 24, 2011, 10:54 am
yea you guys are right. desktop wallet it is. :( and it way more than an hour for me. i think the shortest time i waited was 4 hours?? once i had to leave it overnight. but it gots to be done. thanks!!!!!

Uhmm... Correct me if I'm wrong, but /where/ you store, send, and receive your bitcoins has no effect on how long it takes. It's dependent upon the Bitcoin network.