Silk Road forums

Market => Product requests => Topic started by: danb15 on June 21, 2013, 02:31 am

Title: Bitcoins
Post by: danb15 on June 21, 2013, 02:31 am
Is there much demand for bitcoins? if so i have plenty and will set up a vendors account if needed.

Large amount of bitcoins there but i would prefer to deal with vendors or respected members of SR.

Let me know what yous think and if there's enough interest i will make an account.
Title: Re: Bitcoins
Post by: ghostchili on June 21, 2013, 03:16 am
How do you propose trading bitcoins for bitcoins?
Title: Re: Bitcoins
Post by: mcguire39 on June 21, 2013, 03:31 am
Interesting question ...
Title: Re: Bitcoins
Post by: danb15 on June 21, 2013, 03:36 am
How do you propose trading bitcoins for bitcoins?

Haha whats the point in that
Title: Re: Bitcoins
Post by: danb15 on June 21, 2013, 03:37 am
Interesting question ...

Do you think there would be much interest? would have little to no fees
Title: Re: Bitcoins
Post by: mcguire39 on June 21, 2013, 03:40 am
There's always people looking for relatively anonymous ways to buy BTC. How would people pay you / exchange you for the BTC? Moneypak/reloadit/vanilla? (There's a number of vendors doing that already but if you're good with a low fee it probably will work but building up trust initially can be tricky). Or what method to pay you for the BTC?
Title: Re: Bitcoins
Post by: ghostchili on June 21, 2013, 03:44 am
There's always people looking for relatively anonymous ways to buy BTC. How would people pay you / exchange you for the BTC? Moneypak/reloadit/vanilla? (There's a number of vendors doing that already but if you're good with a low fee it probably will work but building up trust initially can be tricky). Or what method to pay you for the BTC?

That's what I was getting at.... how do you get people to pay for BTCs?

Otherwise, since you have so much - you could just donate to me :)
Title: Re: Bitcoins
Post by: mcguire39 on June 21, 2013, 03:48 am
That's what I was getting at.... how do you get people to pay for BTCs?

Right on, that's the kind of info I'm trying to get this cat to cough up as well.
Title: Re: Bitcoins
Post by: danb15 on June 21, 2013, 03:48 am
There's always people looking for relatively anonymous ways to buy BTC. How would people pay you / exchange you for the BTC? Moneypak/reloadit/vanilla? (There's a number of vendors doing that already but if you're good with a low fee it probably will work but building up trust initially can be tricky). Or what method to pay you for the BTC?

Ye trust is the main thing that is why i would prefer to deal with vendors or respected members of SR i have large amounts of bitcoins as we speak and will always have some in stock..

I don't want to be selling 1btc i want to sell in the $1000 range each purchase to get the cash flow going.

I am still not 100% sure on what payments to accept yet but im all ears just want to see if there is enough interest before i buy an account to sell.
Title: Re: Bitcoins
Post by: mcguire39 on June 21, 2013, 03:52 am
Ye trust is the main thing that is why i would prefer to deal with vendors or respected members of SR i have large amounts of bitcoins as we speak and will always have some in stock..

I am still not 100% sure on what payments to accept yet but im all ears just want to see if there is enough interest before i buy an account to sell.

Vendors don't have much occassion to buy BTC's after they're in business; their situation is the opposite - safely turning BTC into a form they can use for daily expenses, pulling profit, etc.

The crux will be what payment methods you accept. The popular ones are WU, Moneygram, direct bank deposit (anonymous through deposit slip), moneypak/vanilla visa/reloadit, etc. What payment methods you take and your fees would determine your success, after you have enough people trusting you.
Title: Re: Bitcoins
Post by: danb15 on June 21, 2013, 01:17 pm
Ye trust is the main thing that is why i would prefer to deal with vendors or respected members of SR i have large amounts of bitcoins as we speak and will always have some in stock..

I am still not 100% sure on what payments to accept yet but im all ears just want to see if there is enough interest before i buy an account to sell.

Vendors don't have much occassion to buy BTC's after they're in business; their situation is the opposite - safely turning BTC into a form they can use for daily expenses, pulling profit, etc.

The crux will be what payment methods you accept. The popular ones are WU, Moneygram, direct bank deposit (anonymous through deposit slip), moneypak/vanilla visa/reloadit, etc. What payment methods you take and your fees would determine your success, after you have enough people trusting you.

Ok so after chatting with the big man he said he would do money gram or bank transfer, he also is considering other payments he wants to know what ones people use most
Title: Re: Bitcoins
Post by: danb15 on June 21, 2013, 01:42 pm
Ok so after chatting with the big man he says no fees!! you will simply pay market value for the coins no other costs unless there's a fee for transfering the money.

How much interest is there on this please let us know were ready to set up shop and we would love if respected members bought first to prove we a legit.
Title: Re: Bitcoins
Post by: Gatz on June 24, 2013, 02:07 pm
Ok so after chatting with the big man he says no fees!! you will simply pay market value for the coins no other costs unless there's a fee for transfering the money.

How much interest is there on this please let us know were ready to set up shop and we would love if respected members bought first to prove we a legit.

So what profit would you make...?
Title: Re: Bitcoins
Post by: danb15 on June 25, 2013, 04:15 pm
Ok so after chatting with the big man he says no fees!! you will simply pay market value for the coins no other costs unless there's a fee for transfering the money.

How much interest is there on this please let us know were ready to set up shop and we would love if respected members bought first to prove we a legit.

So what profit would you make...?

He is making well enough profit to sell them with no fees his product is so cheap and he is selling it for a decent price he can afford not be greedy and charge crazy fees
Title: Re: Bitcoins
Post by: Gatz on June 26, 2013, 06:07 am
Ok so after chatting with the big man he says no fees!! you will simply pay market value for the coins no other costs unless there's a fee for transfering the money.

How much interest is there on this please let us know were ready to set up shop and we would love if respected members bought first to prove we a legit.

So what profit would you make...?

He is making well enough profit to sell them with no fees his product is so cheap and he is selling it for a decent price he can afford not be greedy and charge crazy fees


Quoted for reference.