Silk Road forums

Discussion => Newbie discussion => Topic started by: HerbalFarmer on February 04, 2013, 02:02 pm

Title: non noob BTC question
Post by: HerbalFarmer on February 04, 2013, 02:02 pm
So I've made a number of successful transactions on the road, and typically get qp's of herb and only need to deposit under $1000. I typically just make cash deposits using bitinstant, but I'm getting ready to double up on my order and need to deposit close to $2000. I'm trying to avoid as many fees as possible and get my coins as quick as possible.

I thought of using localbitcoins for the first time, I see very good results from some searching I've done, but the process isn't really outlined that detailed, just wondering what you guys usually do when needing to deposit >1000. What's the real chances of them finding a loophole in the process and running off with your cash?
Title: Re: non noob BTC question
Post by: goblin on February 05, 2013, 03:03 pm
So I've made a number of successful transactions on the road, and typically get qp's of herb and only need to deposit under $1000. I typically just make cash deposits using bitinstant, but I'm getting ready to double up on my order and need to deposit close to $2000. I'm trying to avoid as many fees as possible and get my coins as quick as possible.

I thought of using localbitcoins for the first time, I see very good results from some searching I've done, but the process isn't really outlined that detailed, just wondering what you guys usually do when needing to deposit >1000. What's the real chances of them finding a loophole in the process and running off with your cash?
I'm searching for this too. I've used the search function here, but it's tough going. I would love to see a step by step tutorial on selling BTC via localbitcoin.com, if that's the correct url. I'm very confused by all that IRC and gribble stuff.

goblin