Silk Road forums

Discussion => Security => Topic started by: kvin12 on July 31, 2013, 04:28 am

Title: Is coinbase safe for buying bitcoins?
Post by: kvin12 on July 31, 2013, 04:28 am
My bank information is already linked. If I bought bitcoins from coinbase and sent them to my blackchain.info wallet then to silkroad bitcoin address is this completely anonymous? And how long do you think it'll take to receive bitcoins from coinbase.com when you buy them? If anyone else uses coinbase please let me know. Thanks
Title: Re: Is coinbase safe for buying bitcoins?
Post by: plainsman1963 on July 31, 2013, 05:11 am
My bank information is already linked. If I bought bitcoins from coinbase and sent them to my blackchain.info wallet then to silkroad bitcoin address is this completely anonymous? And how long do you think it'll take to receive bitcoins from coinbase.com when you buy them? If anyone else uses coinbase please let me know. Thanks
It takes 4 business days from the time you buy the bitcoins until they are in your coinbase wallet, until you verify and become a level 2 customer when you buy and receive them instantly. It wll take an hour to move them into another wallet. I use a more indirect method (than one intermediary wallet), you can do a search for 'coinbase' here on the forums and find many threads discussing it.
Title: Re: Is coinbase safe for buying bitcoins?
Post by: ThePharmacy on July 31, 2013, 05:28 am
Is it incredibly suspicious to be buying $10k worth of bitcoins a month from coinbase on your personal acct?
Title: Re: Is coinbase safe for buying bitcoins?
Post by: Rastaman Vibration on July 31, 2013, 06:59 am
My bank information is already linked. If I bought bitcoins from coinbase and sent them to my blackchain.info wallet then to silkroad bitcoin address is this completely anonymous? And how long do you think it'll take to receive bitcoins from coinbase.com when you buy them? If anyone else uses coinbase please let me know. Thanks

Your coins are still traceable this way. To anonymize your coins, use bitcoinfog: fogcore5n3ov3tui.onion
Title: Re: Is coinbase safe for buying bitcoins?
Post by: plainsman1963 on July 31, 2013, 02:59 pm
Is it incredibly suspicious to be buying $10k worth of bitcoins a month from coinbase on your personal acct?
I would think so, but have no real world knowledge on that. All I buy from SR is personal usage, so I don't have to worry about moving that kind of money.