Silk Road forums
Discussion => Silk Road discussion => Topic started by: BURN THE CITY DOWN on January 08, 2013, 01:53 pm
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what doesnt bitinstant let you deposit at a local branch it not an option anymore/??? wtf
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I believe they stopped doing that a month or so ago. I think the banks saw it as competition and stopped cooperating.
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Yea I noticed that too a few weeks ago. I always did that option. I now use the moneygram option at a local drugstore. To me it feels a little safer. All I do is go in, use the "red phone", give fake name and phone number and I'm out. I actually just did it a few hours ago lol.
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I use BitInstant at WalMart now. I used to use their bank deposit option, but always was a little sketched out by all the cameras looking at me from every direction. I know there are cameras at WalMart, but idunno, they seem less threatening than the ones at a bank.
But anyway, not giving a name to the bank vs. giving a fake name to the customer service rep at WalMart is exactly the same. I mean the typical customer associate at WalMart isn't exactly a picture of astute intelligence.
And lastly, the WM option seems to go through much faster than the banks used to. Usually when I used to use the bank deposit option, I would have to call them after like 20 minutes to ask them to confirm the transaction. With ZipZap or whatever it's called, I usually get the BTC transaction alert to my wallet (phone beeps) before the receipt even prints. It's fantastic.
But all that said, I would still rather use Dwolla to Exchange to wallet to mixer to SR, especially when I'm dealing with a large amount of BTC, since the markup from BitInstant kills me. But for smaller transactions, I don't mind paying a premium for immediate coins.
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I use BitInstant at WalMart now. I used to use their bank deposit option, but always was a little sketched out by all the cameras looking at me from every direction. I know there are cameras at WalMart, but idunno, they seem less threatening than the ones at a bank.
But anyway, not giving a name to the bank vs. giving a fake name to the customer service rep at WalMart is exactly the same. I mean the typical customer associate at WalMart isn't exactly a picture of astute intelligence.
And lastly, the WM option seems to go through much faster than the banks used to. Usually when I used to use the bank deposit option, I would have to call them after like 20 minutes to ask them to confirm the transaction. With ZipZap or whatever it's called, I usually get the BTC transaction alert to my wallet (phone beeps) before the receipt even prints. It's fantastic.
But all that said, I would still rather use Dwolla to Exchange to wallet to mixer to SR, especially when I'm dealing with a large amount of BTC, since the markup from BitInstant kills me. But for smaller transactions, I don't mind paying a premium for immediate coins.
This is my basic routine. I was bummed about the bank option disappearing, but let's be honest here: who really expects good things to come from banks anyway? Every time my grandmother talks about how they used to give up to 7% interest on checking accounts back in her day I feel like weeping.
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cash + bitinstant = btc in your sr account in under than 30min 8)