Silk Road forums
Discussion => Security => Topic started by: happytree on July 23, 2011, 06:46 pm
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I realize I'm probably the last person to make the connection where it clearly says there are problems with SR receiving btc from Virwox on the Account part. However.
--Virwox SUCKS. Don't use them. They're listed as a vendor to use for Bitcoins here, so I thoguht they'd be faster.
--Was charged a fee to send funds via Paypal.
--Then charged a fee to convert to their "SLL" funds
--Then charged a fee to convert to "BTC"
--Then will be charged another fee to send the BTC to SR.
Hopefully, when all is said and done, I might have .0002 BTC left!
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While VirWox does cost more than using the dwolla route, you save the 3 or so days that you would otherwise have to wait if you're coming directly from a bank account. When I need funds ASAP, it's still the way I go. Instead of using PayPal though, I use MoneyBrookers with a pre-paid VISA card.
If you're getting more than just one or two bitcoins, it isn't really all that bad. On average, after all the conversion fees I end up paying about $16/bitcoin there where dwolla --> mt. gox usually costs me around $14/bitcoin (this is an average over the past month).
In addition, as others have mentioned, you don't want to try sending directly from virwox to your SR account. Go through either a bitcoin wallet on your computer or an online one with mybitcoin.com or somewhere else. When using this method, I can have funds into SR in under an hour, usually. Longest it's taken is 3.
Edit: Just remembered that my first BitCoin withdrawl from virwox DID take 48 full hours. I was not a happy camper. I've done 10 transactions since then and all of them have been much speedier.
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Yes, it's my first transaction with them, and I"m not a happy camper (waiting on the 48 hours for them to send to my wallet) - I normally go through Mt Gox. Care to lend me 5 btc till that time is up? ::) LOLOLOLOLOOL
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My first transaction took 48 hours to withdraw. Second one not sure at least 18 hours.
I swore after the first one I wouldn't use them again, but when you need bitcoins fast it seems like it's worth the fees, until you are stuck waiting on the withdrawal!
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I've found a way to buy bitcoins and get them sent to my personal wallet in a matter of hours. LEss anonymity, of course. But, it works, and of course, I don't buy or sell ANYTHING illegal. ;) ;)
Aside from that, once they're tumbled, can't trace em back to how I purchased them anyhoo!