Silk Road forums

Discussion => Security => Topic started by: ph8frata on April 17, 2012, 04:48 am

Title: Depositing into MtGox via Bank Transfer
Post by: ph8frata on April 17, 2012, 04:48 am
Is is a very stupid thing to do?
Title: Re: Depositing into MtGox via Bank Transfer
Post by: JamesTaylor on April 17, 2012, 05:01 am
Dont log onto mtgox using tor and place the coins either into a instawallet or bitcoinfog and you should be fine!
Title: Re: Depositing into MtGox via Bank Transfer
Post by: ph8frata on April 17, 2012, 05:03 am
So direct transfer to vendor from mtgox is a big no-no?

EDIT: Ok, I see that instawallet is a very nice and easy to use site, thanks for the tip!
Title: Re: Depositing into MtGox via Bank Transfer
Post by: JamesTaylor on April 17, 2012, 05:07 am
What do you mean to vendor? 


You should ALWAYS do transaction through silkroad. Sending your money straight to a vendor outside of Sr is a big NO NO. The possibility of you getting scammed is more likely.  But if you work in escrow you'll be fine.


Hope this helps. Im a little confused about your question 
Title: Re: Depositing into MtGox via Bank Transfer
Post by: dudeguy551 on April 17, 2012, 05:11 am
Log onto Tor.

Go to bitinstant and start cash deposit at bank order.

Find the bank near you at their cash processor, not too near.

Present the teller the letter and EXACT cash.

By the time you get home you should have email stating the order is completed, it usually completes in 30 min. Otherwise call from a payphone or just your cellphone if you aren't paranoid.

CONNECT to instawallet.org and copy down the URL. Do this in your clipboard and on paper, once you lose the URL you lose your coins.
ALSO copy down the bitcoin address, on paper.

Log OFF tor.

Connect to Mt.Gox and you will have the USD, make a trade for bitcoins. I always wait for a good deal.

When completed, send the BTC to the instawallet bitcoin address. DO NOT CHECK IT YET. Verify on MT.GOX.

EXIT browser.

LOG ON tor.

Check instawallet and proceed. Otherwise, wait ten minutes, if no BTC has arrived, log off tor, onto Mt.Gox and contact support. Never log on to that instawallet with your real ip.

Wait an hour or five for the BTC to go into the instawallet and then transfer to SR bitcoin address.
(If it's a large sum of BTC, separate into several random amounts into other instawallets, write down URLs and BTC addresses, then repeat for SR)

Enjoy.
Title: Re: Depositing into MtGox via Bank Transfer
Post by: dudeguy551 on April 17, 2012, 05:18 am
Perfect
Unfortunately I noticed an error! Please remove the quote from your post, I'd hate for someone to take your quote over the post.
Title: Re: Depositing into MtGox via Bank Transfer
Post by: ph8frata on April 17, 2012, 05:36 am
What do you mean to vendor? 


You should ALWAYS do transaction through silkroad. Sending your money straight to a vendor outside of Sr is a big NO NO. The possibility of you getting scammed is more likely.  But if you work in escrow you'll be fine.


Hope this helps. Im a little confused about your question

Yes I meant sending directly from mtGox to SR wallet.

So I should send to instawallet and then to SR, understood.

@dudeguy. I made an online transfer of money from my account to MtGox bank account.
Title: Re: Depositing into MtGox via Bank Transfer
Post by: JamesTaylor on April 17, 2012, 05:50 am
Perfect
Unfortunately I noticed an error! Please remove the quote from your post, I'd hate for someone to take your quote over the post.


Done! thanks boss!
Title: Re: Depositing into MtGox via Bank Transfer
Post by: JamesTaylor on April 17, 2012, 05:52 am
What do you mean to vendor? 


You should ALWAYS do transaction through silkroad. Sending your money straight to a vendor outside of Sr is a big NO NO. The possibility of you getting scammed is more likely.  But if you work in escrow you'll be fine.


Hope this helps. Im a little confused about your question

Yes I meant sending directly from mtGox to SR wallet.

So I should send to instawallet and then to SR, understood.

@dudeguy. I made an online transfer of money from my account to MtGox bank account.


Just dont forget the address to the instawallet and double check you wrote it down correctly! My buddy lost his coins by doing this incorrectly once. He was not too happy lol
Title: Re: Depositing into MtGox via Bank Transfer
Post by: dudeguy551 on April 17, 2012, 06:10 am
Yes I meant sending directly from mtGox to SR wallet.

So I should send to instawallet and then to SR, understood.

@dudeguy. I made an online transfer of money from my account to MtGox bank account.

Legally speaking, you can still retain plausible denialability by never accessing the instawallet from a regular browser. Only access it from the tor network.

Though now there is a tie to that account with your name on it. Just remain secure by encrypting your shipping address and only buying from a trusted vendor as per the Trusted Vendors list in Off Topic.

NEVER rely ONLY on the seller's stats. There are many ways being currently manipulated for scammers to create positive feedback, transaction history etc on their SR profile.

Rely only on the community's closely held views and troll the forums before you purchase. AND KNOWLEDGE IS POWER!
Title: Re: Depositing into MtGox via Bank Transfer
Post by: ph8frata on April 17, 2012, 08:08 pm
A bit off topic, but how much do I have to wait for funds to appear in instawallet, and then from instawallet to SR?
Title: Re: Depositing into MtGox via Bank Transfer
Post by: SouthSquareBiz on April 17, 2012, 10:58 pm
Personally, I would not even do it.

MtGox, Dwolla, and all these other motherf*cker's are to complicit when it comes to offering up info.

Make sure you have at least one instawallet and a cash deposit option. Cash is as anonymous as it gets.

That digital paper trail is NOT what you want!

Just my opinion.