Silk Road forums

Discussion => Silk Road discussion => Topic started by: HeatFireFlame on August 16, 2013, 11:38 pm

Title: New Vendor, BTC held for 6 weeks, Spendable?
Post by: HeatFireFlame on August 16, 2013, 11:38 pm
So I have a fairly new vendor account, Im looking to re-stock pretty soon, well before the 6 weeks is up, Am i correct in saying you cannot transfer them to another account, Spend them, Or withdraw them at all?
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: CrazyBart on August 17, 2013, 04:28 am
They are your coins. Do whatever you want with them
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: JohnTheBaptist on August 17, 2013, 04:30 am
Oi Bart, don't have that flippant attitude, he's only asking. *Pokes you in the eye*
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: HeatFireFlame on August 17, 2013, 03:06 pm
I see, Thanks for the information.
I do however want to get my vendor bond back when the time comes and I have made enough sales, The money does not have to be in the account does it?
Thank you
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: Endemic on August 17, 2013, 11:26 pm
SR has the bond already. It will credit to your account when you request it via the appropriate method. What you do with the coin the the acct in the meantime is up to you. Restock and prosper.
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: SynthesisWizard on August 17, 2013, 11:28 pm
So this wont effect my bond or anything along the lines If i were to spend or withdraw some?
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: CrazyBart on August 17, 2013, 11:37 pm
I see, Thanks for the information.
I do however want to get my vendor bond back when the time comes and I have made enough sales, The money does not have to be in the account does it?
Thank you

No you don't have to have any money in your account once you qualify for and receive your vendor bond. I'm not sure why you are thinking that
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: HeatFireFlame on August 18, 2013, 05:51 pm
I see, Thanks for the information.
I do however want to get my vendor bond back when the time comes and I have made enough sales, The money does not have to be in the account does it?
Thank you

No you don't have to have any money in your account once you qualify for and receive your vendor bond. I'm not sure why you are thinking that

No idea why I thought it myself, I just did not want to fuck it up in anyway at all so I was just making sure.
Great :) Thats good news.
Thanks again
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: NW Nugz on August 19, 2013, 12:49 am
You don't have to keep Btc on your vendor account, but you need a certain number of transactions amounting to x amount of $ I think before you can get the bond back. I don't remember the details, but the detailed info is available somewhere (vendor Guide or WIKI or...). BTW, if Btc change in value while you wait, you get all of them back and can make or lose a lot of $ on the bond refund. Hopefully, make a lot on a coin rise :-).
Title: Re: New Vendor, BTC held for 6 weeks, Spendable?
Post by: TheCostelloGroup on August 19, 2013, 02:48 pm
You don't have to keep Btc on your vendor account, but you need a certain number of transactions amounting to x amount of $ I think before you can get the bond back. I don't remember the details, but the detailed info is available somewhere (vendor Guide or WIKI or...). BTW, if Btc change in value while you wait, you get all of them back and can make or lose a lot of $ on the bond refund. Hopefully, make a lot on a coin rise :-).


Yeah, you're right. It's 6 weeks, 35 successful transactions and at least $1500 in sales. You also get the exact amount of coins you put in for the bond back. So, if you paid 10 coins, it doesn't matter if coins are now worth $1 or $5000, you still get 10 coins back.


As for the money in your account, that is your money, do as you wish.