Silk Road forums

Support => Technical support => Topic started by: mrsuperkaylo on February 08, 2012, 04:59 pm

Title: Bitcoin need help !!
Post by: mrsuperkaylo on February 08, 2012, 04:59 pm
Ok im new to the silk market place and want to know how to get bitcoins??
Can anyone tell me how to transfer via paypal or any other ways ?
Thanks.
Title: Re: Bitcoin need help !!
Post by: someone703 on February 08, 2012, 07:25 pm
Only way to do it through PayPal is if someone is willing to take the risk to sell you their bitcoins for PayPal cash but most won't because scammers can do a chargeback and then they lose their bitcoins.

Other ways would include exchange services like Dwolla, Liberty Reserve, etc which you then send to Mt Gox to purchase coins.  Takes some jumping through hoops to set up and verify accounts and then waiting period for funds to transfer.  (Some will say this isn't good either as it leaves an electronic trail to link you to the bitcoins and their use on the Silk Road - apparently Silk Road has a tumbler feature; others recommend using a different tumbler service to further make it difficult but not impossible to trace you back to the bitcoins used on Silk Road)

Others will sell you bitcoins for irreversible methods like MoneyPak or Western Union but will typically want a fee of some sort for doing so (keep in mind that MoneyPak costs like $5 and Western Union costs even more).

In this case, you'd also have to take the risk of sending them the MoneyPak or Western Union first and can be scammed if they don't send  you the bitcoins.

Best bet is doing a bit of reading and research so you can find people who are a bit more trustworthy.
Title: Re: Bitcoin need help !!
Post by: Oldtoker on February 09, 2012, 05:25 pm
Different methods also vary by country.  It would help if you stated what country you are located in.  Keep in mind that if you buy Bitcoins from venders here on SL that not only don't you have the possibility of being scammed but, even if your not most charge a hefty fee.  Better to go through Dwolla, Tradehill, MtGox.  It takes longer but, is safer and less expensive.