Silk Road forums

Discussion => Newbie discussion => Topic started by: botanicalmeds on June 27, 2013, 05:00 am

Title: Question about FE & Bitcoins Legal Situation for Newbie
Post by: botanicalmeds on June 27, 2013, 05:00 am
What does FE mean?

Also, I hear Bitcoin has been told to cease and desist all bitcoin trading immediately.  Is it really safe to be using bitcoin right now? 

I can't get the wallet I downloaded to synch, does anybody have a suggestion on that?

Thanks in advance, sure appreciate it.  .
Title: Re: Question about FE & Bitcoins Legal Situation for Newbie
Post by: Choniven on June 27, 2013, 05:45 am
FE - Finalise Early

Basically means that you complete the transaction before the seller sends the item.  If you do this, the BTC will go to the vendor before he sends the stuff!! See the problems there?

BitCoin is fine, you wont have any dramas - use an online wallet such as Instawallet, Strongcoin and Blockchain.

You can download and hold a Bitcoin wallet yourself, both ways have their pro's and con's.

Hope this helps!