Silk Road forums

Support => Technical support => Topic started by: sbrown22293 on October 23, 2011, 07:43 pm

Title: PLEASE HELP ME GETTING BITCOINS!
Post by: sbrown22293 on October 23, 2011, 07:43 pm
Hi. I'm new to silk road and dont quite understand the bitcoin system. I made an account with Mt. Gox in order to get something to start up with. Apparently you have to add funds first, so I made an account after with Paxum so I would have money to purchase bitcoins with. I'm reluctant to continue because Paxum asked me to include a bunch of personal information I'd rather not give out... Is there a way to buy bitcoins without going through these third party trading websites? If not, could someone please explain the process of getting bitcoins from these websites in detail? Will I be able to be traced if i use Paxum and would you suggest using real information or fake? Thank you :)
Title: Re: PLEASE HELP ME GETTING BITCOINS!
Post by: phubaiblues on October 23, 2011, 10:26 pm
Well, you seem to know pretty much how to get them.  A few things, however: these are pioneer days, bro, in this area, bitcoins, and their anonymity are the reason we can do all this...but there is no 'streetcorner' for buying the btc.  We all kind of go thru what you go thru, which is look at the weakest link--security wise--which is when we use our dollars, to buy the first btc, and people disagree on how careful we need to be, whether or not LE gives a shit, etc.

And of course, telling how we do it ourselves, is just so fucking revealing...but I know a guy on here, name of 'jack', and this is pretty much how he does it, two different ways.

First way: he opens an account at dwolla.  Yeah, his own name, own email.   He then transfers money from his bank account, to dwolla, takes 5-7 days.  With dwolla, he can now buy bitcoins, so he transfers this money to MtGox or to TradeHill. Where he has an account, in his name or someone elses, up to jack.

here he buys btc, then sends them out, tumbling at least once, thru instawallet.  Sometimes people then send it to their own wallet.dat, sometimes to another instawallet, then to SR.

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Another way, it's just closed, but this is the exchangebtc way: YOu take cash out of your bank, thru ATM, who cares how...  you decide where you are going to deposit it, in old days this was bitcoinexchange, lately it seems to be get-bitcoin.com  .... you go to a Wells Fargo branch, you fill out a deposit form with the appropriate info.  Deposit, get receipt.  Take picture of receipt, send this thru email to exhangebtc, or, now,
get-bitcoin ...  this way is much quicker...from there, yeah, tumble it around, then send to SR...

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Paxum is another way.  The all work, they all have weaknesses in the beginning, but they are all legal...the closer you get to doing anything illegal, the more tumbling you want to do...

But see, u can see how even one guys' limited opinion is a lengthy tedious process.  That's why u gotta do yer own research, and take some chances...then, hopefully, post on on here, how, in a general way, you got yer own btc...so the next guy will have a shot...best wishes...
Title: Re: PLEASE HELP ME GETTING BITCOINS!
Post by: rebel9ine on October 24, 2011, 06:07 am
wow seems long and confusing..
Title: Re: PLEASE HELP ME GETTING BITCOINS!
Post by: phubaiblues on October 24, 2011, 06:16 am
wow seems long and confusing..
Nah, I'm just not that good at explaining things.  Mostly, u know, just get on a site like, oh, get-bitcoin.com, and follow instructions.   We don't all agree on just how much caution u need, but somewhere in there you have to buy the suckers....I've always learned just by studying up on my own, then jumping ;)