Silk Road forums
Discussion => Newbie discussion => Topic started by: thekid on January 26, 2013, 09:07 pm
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i went and got a money gram and i sent them to my tor email. and i have no idea what the fuck to do now!? can one help
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Mtgox.com is a good way to purchase bitcoins.
But since you already have a moneygram, I would suggest messaging a vendor on the main site that deals with £$ to BTC( that would be the money section, I would find the link for you but TOR is going slow for me )
Tell them your dilemma. Try to choose a vendor who has been there for a long time with lots of transactions. and do research on the vendor in the forums if you decide on doing business with them.
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not sure how money gram works. Im a newbie also and took the easy way out,, I used sugar mama (highly recommended in the forum) for my bitcoins. you buy a moneypack, send sugarmama the total amount," be patient" and the coins will be deposited in your SR account. it took 3 days to get in my account but i wasn't in a hurry. read sugar mama's profile and go from there .hope that helps.
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You can try bitcoin-central.net ;-)
ID isn't necessary
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by the way i meant to ask if anyone knows how much bitcoin are costing now? i heard the were around 16 ???
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17.30 atm...
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Ya, 17... fuckin crazy...
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HOLY CRAP! Thats a lot. Are vendors changing their prices as the go up?
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At first, getting bitcoins can seem like a daunting task--it isn't. Follow these instructions:
-- To start, open a throwaway account with Mt. Gox at https://mtgox.com/.
-- Go to "funding options/add funds"
-- Use the drop-down menu to select "BitInstant," which will give you instructions and your account number.
-- Go to BitInstant at https://www.bitinstant.com/
-- Use the drop-down menu to select "cash deposit" and choose a local retailer, such as Wal-Mart or CVS.
-- Fill in your info and you will download a .pdf file with information for filling out a blue MoneyGram slip at Wal-Mart. Basically, you're "paying a bill" to ZipZap, Inc. and you will be entering their four-digit receive code and account number on the form. Use your real name, address, etc. on the MoneyGram. It doesn't matter, since everything will be laundered and untraceable by the time it gets to Silk Road. Use fake info for your Mt. Gox account, although I don't think it matters.
-- Go to your local retailer, fill out the MoneyGram with the info provided from BitInstant, and pay for it with cash. There is a $3.95 fee.
-- You money will appear in your Mt. Gox account within 4 minutes--1 hour at the most (never takes that long).
-- Use the "trade" button to buy bitcoins.
-- Go to "funding options/withdraw" and use the drop-down menu to select "bitcoins" as your currency. Enter the amount and bitcoin address from Silk Road (find that on your SR account page--looks like this: 1GDGgeTfNrxdhmJokSP7EqVRZGXSFuSnfp)
-- If you have 5.67 bitcoins with Mt. Gox, transfer 5.66 to cover the transaction fee. Select the option for faster transfer (0.005 BTC).
-- It may take several hours for your bitcoins to show up, but they will. Once they are in your SR wallet, you're ready to order.
I hope this helps. This is the fastest, most reliable way that I've found to get bitcoins. If you bank with a major financial institution, you also have the option of transfering funds directly to BitInstant. While this doesn't involve leaving the house and taking out cash, I'm not sure if it's any slower than using a MoneyGram. One drawback to this method is that you have to provide BitInstant with your banking username and password (scary!) BitInstant is reputable, but that is just information that I don't want to release.
Let me know if you have questions or problems. I discovered Silk Road less than two weeks ago and spent an evening teaching myself all about Tor browsers, bitcoins, PGP, and everything else. It takes some doing, but it is worth it. Read the feedback, forums, encrypt your address, and don't FE. (Download Portable PGP at http://ppgp.sourceforge.net/, which has a very user-friendly interface.) While address encryption is not strictly necessary, it adds an extra layer of security to your purchase. I've had three flawless transactions and I couldn't be happier.
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HOLY CRAP! Thats a lot. Are vendors changing their prices as the go up?
If you go to your Silk Road account settings, there is an option to view prices on the site in USD ($). Select this and you will see that while the value of bitcoins goes up and down, prices on SR remain more-or-less constant. Don't worry about what bitcoins are trading for--it really doesn't matter.
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Ok thanks drjaycsmith I'll keep that in mind
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Ok thanks drjaycsmith I'll keep that in mind
I learned about Silk Road by accident. At first, it sounded too good to be true; it also seemed like more work than it would be worth, but I was wrong. By tackling one issue at a time, such as installing the Tor Browser, I was able to make it a fun learning experience. After a solid evening of experimenting, I had things working. Within a couple of days, I funded my Mt. Gox account via BitInstant, traded for my first bitcoins, transferred them to Silk Road, and placed an order.
I had to do a lot of exploring with Google and read tons of articles/threads to get the knowledge I needed. I figure that if I can put everything together in one list--at least as far as bitcoins are concerned--it will save other people some hassles. In fact, I think that I'll start a thread covering the entire process. Anyway, I'm glad that I could help. When I arrived a couple of weeks ago, I was able to contribute to the regular forums until this new 50-post rule came about. I might as well try to do some good while I'm waiting for my Jr. Member badge.
--Dr. Jay, A.K.A. The Prince of Darkness
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Isn't Mt Gox demanding ID to set up an account now? I don't know why anyone would do that if that is the case. I use localbitcoins, you can set up a false name there and after receiving coins in that wallet move them to another. I use a tumbler service at that other wallet and send to SR from there.
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Isn't Mt Gox demanding ID to set up an account now? I don't know why anyone would do that if that is the case. I use localbitcoins, you can set up a false name there and after receiving coins in that wallet move them to another. I use a tumbler service at that other wallet and send to SR from there.
There is no need to verify your account with Mt. Gox if you're using BitInstant like I described. I've heard that you do if you fund your account with Dwolla, which I haven't used. The only other reason to verify your Mt. Gox account would be if you're trading big money. With an unverified throwaway account, you can withdraw up to 200 BTC or $1,000.00 per 24 hours, limited to $10,000.00 per 30 days. I doubt that most SR buyers are spending that kind of money on drugs; and even vendors, suppliers, and dealers--who probably DO spend more than $1,000 per day--can just open as many throwaway accounts as they need.
--Dr. Jay
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I like to use bitcopia for my bitcoins when Blue Sky Traders isn't operational. Btw, Blue Sky Traders is the best option I've found for buying larger amounts of bitcoins.
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I use bitinstant personally and it works great. Use the e-mail option
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I like to use bitcopia for my bitcoins when Blue Sky Traders isn't operational. Btw, Blue Sky Traders is the best option I've found for buying larger amounts of bitcoins.
Right on. There are so many options out there--it's good to be familiar with as many of them as possible.
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thanks guys for the help! i got it from another member, im using bitcoin to a throw away mail. then to blockchain easy as hell and less fees.. just my $ .2
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Ok thanks drjaycsmith I'll keep that in mind
I learned about Silk Road by accident. At first, it sounded too good to be true; it also seemed like more work than it would be worth, but I was wrong. By tackling one issue at a time, such as installing the Tor Browser, I was able to make it a fun learning experience. After a solid evening of experimenting, I had things working. Within a couple of days, I funded my Mt. Gox account via BitInstant, traded for my first bitcoins, transferred them to Silk Road, and placed an order.
I had to do a lot of exploring with Google and read tons of articles/threads to get the knowledge I needed. I figure that if I can put everything together in one list--at least as far as bitcoins are concerned--it will save other people some hassles. In fact, I think that I'll start a thread covering the entire process. Anyway, I'm glad that I could help. When I arrived a couple of weeks ago, I was able to contribute to the regular forums until this new 50-post rule came about. I might as well try to do some good while I'm waiting for my Jr. Member badge.
--Dr. Jay, A.K.A. The Prince of Darkness
If you could help me out that would be absolutely amazing! Im a newb here and want to know how i can get bitcoins bought and used! Please PM me!
PS im from australia
Check out my thread at http://dkn255hz262ypmii.onion/index.php?topic=112029.0;topicseen
This covers the basics of Silk Road, bitcoins, PGP, etc. If it's bitcoins you're having trouble with, you should be able to find an answer there. Let me know if you have any other questions and I'll do my best to help you out.
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yoblack
Bitcoin advise is all over the forums asking the same question, to go to private chat to discuss isn't wise. The knowledge people share should be posted in public. To easy to get bad advise or even worse scammed.
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yoblack
Bitcoin advise is all over the forums asking the same question, to go to private chat to discuss isn't wise. The knowledge people share should be posted in public. To easy to get bad advise or even worse scammed.
I agree. If you're going to answer someone's question, you may as well do it on a public forum where others can benefit from the discussion or correct you if you're wrong about something. Besides, we need those 50 posts....
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Isn't Mt Gox demanding ID to set up an account now? I don't know why anyone would do that if that is the case. I use localbitcoins, you can set up a false name there and after receiving coins in that wallet move them to another. I use a tumbler service at that other wallet and send to SR from there.
There is no need to verify your account with Mt. Gox if you're using BitInstant like I described. I've heard that you do if you fund your account with Dwolla, which I haven't used. The only other reason to verify your Mt. Gox account would be if you're trading big money. With an unverified throwaway account, you can withdraw up to 200 BTC or $1,000.00 per 24 hours, limited to $10,000.00 per 30 days. I doubt that most SR buyers are spending that kind of money on drugs; and even vendors, suppliers, and dealers--who probably DO spend more than $1,000 per day--can just open as many throwaway accounts as they need.
--Dr. Jay
i realize your original statement is over 120 days old, but just to let you know, i just tried to open an acct with Mt Gox and while they would let me establish an acct, right after it was established they indicated to withdraw or deposit bitcoins, i'd have to be "verified" - they want a scan of my driver's license AND a 2nd item like a utility bill
i dropped the acct without using it
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According to the site:
From May 30th 2013 all withdrawals and deposits in fiat currency will require account verification
This is all a bit over my head. For the love of Pete how do I go about getting bitcoins? Yikes!
Exasperated.
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Gonna look in to Blue Sky Traders
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According to the site:
From May 30th 2013 all withdrawals and deposits in fiat currency will require account verification
This is all a bit over my head. For the love of Pete how do I go about getting bitcoins? Yikes!
Exasperated.
IAW,
I noticed this too, but it didn't seem to affect me at all. I've deposited money, bought bitcoins, and withdrew them several times since May and I have not been forced to verify my account. I suppose it could be an oversight, or maybe because I opened my account months ago.
It seems like the powers-that-be are pushing for more transparency when it comes to bitcoins, meaning that BitInstant & Mt. Gox will no longer be anonymous. Big deal.
I posted this a little while ago: http://dkn255hz262ypmii.onion/index.php?topic=112029.msg1356670#msg1356670
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There are lots of options when it comes to buying bitcoins. BitInstant to Mt. Gox is one route, although you can now purchase coins through BitInstant and transfer them directly to Silk Road, skipping Mt. Gox altogether ... but that's probably not a great idea. They've been updating BitInstant--it's down at the moment--and you now have to register and verify your identity. Mt. Gox is still anonymous as long as you're not trading large amounts of cash.
If you want to avoid BitInstant for whatever reason, here are some alternatives:
-- http://tradebitcoin.com/ -- Buy bitcoins with cash, in person, locally.
-- https://localbitcoins.com/ -- Buy bitcoins with cash, in person, locally.
-- https://coinbase.com/ -- Link your bank account and buy bitcoins online. Instant transfers after verification.
-- https://www.nanaimogold.com/ -- Similar to BitInstant. Use MoneyGram & Western Union to fund account.
No matter what you do, you lose some or all of your anonymity when buying coins; therefore, you should "launder" them.
Here are some sites to route your coins through before depositing them at Silk Road:
-- https://mtgox.com/ -- Currency exchange, eWallet.
-- https://blockchain.info/ -- Anonymous eWallet.
-- https://easywallet.org/ -- Anonymous eWallet.
-- http://ow24et3tetp6tvmk.onion/ -- OnionWallet. Anonymous eWallet, also launders bitcoins.
-- http://www.bitcoinfog.com/ -- Launders bitcoins.
After purchasing your bitcoins through BitInstant or wherever, I suggest sending them through BlockChain, EasyWallet, and then OnionWallet. From there, send them to Silk Road. Also, don't forget to get a new SR bitcoin address for every transaction. Chances are slim that anyone would be paying attention, but why take a chance? Recently, an SR vendor was busted and had his coins confiscated because authorities were able to trace his transactions.
--Dr. Jay
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localbitcoins.com is the way to go. From the time I created an account to when I actually got my BTC's was about 12 minutes. It takes minutes with that site not days like mtgox
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CampBX works pretty well. They accept USPS money orders so you dont have to deal with money gram/moey order fees.
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Bitcoins scam warning!!!
Was looking good for the vendor ( Bitcoins ) but now he has turned into a scammer , done me out of 150.00 and i noticed someone said they have been waiting a few days now as well.
Just a heads up, stay well clear !!
Take care
Forgot to add that he has been online every day that i have been sending him messages, but he isn't reading them, obviously he couldn't care what i have to say now that he has my money.
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Bitcoin scam warning!!!
Was looking good for the vendor ( Bitcoins ) but now he has turned into a scammer , done me out of 150.00 and i noticed someone said they have been waiting a few days now as well.
Just a heads up, stay well clear !!
Take care
Forgot to add that he has been online every day that i have been sending him messages, but he isn't reading them, obviously he couldn't care what i have to say now that he has my money.
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CampBX works pretty well. They accept USPS money orders so you dont have to deal with money gram/moey order fees.
I looked into CampBX--and it is an alternative--however, using it requires mailing funds via USPS; barring that, electronically depositing funds will tie up your bitcoins for 90 days. This would work in a pinch--but only if it was the only method available to me. It's simply too slow. When I decide to purchase bitcoins, I run down the street and it's a done deal. A couple of hours later, my funds are with SR and I'm ready to order. Using CampBX, a person would have to plan a week or two ahead just to get high. It's bad enough that we have to wait for the mailman to get our dope.
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*** IMPORTANT UPDATE ***
Do not use OnionWallet (http://ow24et3tetp6tvmk.onion/)--it is a SCAM. I transferred a small amount of money in there and it was immediately stolen. The entire website, as legit as it looks, is bogus. After the theft occurred, I did some research and found out that this has happened to a lot of people.
*** OnionWallet is a SCAM ***
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localbitcoins.com!!!!!
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Local BT works awesome for me
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localbitcoins.com!!!!!
Normally I use BitInstant. As it happens, I used localbitcoins.com ... but I made a deposit with OnionWallet. I have a wallet with blockchain.info as well as a few others. Basically, I've been experimenting for the last two days with different sites, services, exchanges, and methods of obtaining bitcoins. I should have been more careful and done my homework on OnionWallet. Since I was only tinkering, the amount I lost was insignificant. What can I say? I've never been scammed before. I was careless.
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biggest concern with getting bitcoins is all the exchangers started using KYC (know your customer). You'd have to find a single trustable exchanger who operates privately. I offer private anonymous bitcoin excahnge, at relatively low costs if anyone is interested shoot me a pm.
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My only problem with localbitcoins, is that everyone on that site may or may not be a SR Vendor or Buyer. I feel safer giving my open info to bitinstant. CampBX - a lot can happen in btc value in a few days, or does the site hedge the mo?
I loss a few hundred bucks overnight once.
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the site doesn't hedge which makes localbitcoins a bit bullshit, but if you're using it to conduct transactions on SR it doesn't really matter since SR sellers are pegged to regular currencies anyway. Most good exchangers on localbitcoins will deal outside of localbitcoins in real time.
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I fund my campbx account with dwolla. seems to work fine for me. especially since every other way i have used has taken a total shit.
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Currently using Dwolla/CampBX/BitcoinFog although it does require patience.
To help out newbs, I wrote up two methods for buying bitcoins and anonymously moving them to the Road.
You do not have to order the guide; the information is contained directly in the listing itself, which is at:
http://silkroadvb5piz3r.onion/silkroad/item/2f9f85aa35
The reason I'm posting the info in my listing rather than here in the forums is that methods of obtaining
bitcoins change from day-to-day.
The guide is designed for buyers, not vendors, and it assumes no previous knowledge or computer skill.
I've used the procedures outlined in this guide--in the USA--many times with no problems.
Peace,
MedicineWoman