Silk Road forums

Discussion => Newbie discussion => Topic started by: noobnnob on March 29, 2013, 07:12 pm

Title: need help buying bit coin
Post by: noobnnob on March 29, 2013, 07:12 pm
 >:(H noob here  been a  member  for  about 2 now  since reading the story in  the daily mail , not mine by the way  thanks daily mail  ;D  done one transaction that ran very smoothly but now i need more bitcoin so i went back to blockchain to get more  and it appears that they dont deal in GBP anymore so what to do , been on the net all day but very wary  and dont want to get fucked in the ass , so after some more research i downloaded  the  multibit program  is this safe and  ok? . also what i need to no is  once i buy some BTC should i then send them straight to my silk road  account or should i send them to my blockchain wallet were they would be tumbled on the journey to the road ,and  would that Process cost me a percentage  of  BTC  . any help would be great Thank you.
Title: Re: need help buying bit coin
Post by: jdtd123456789 on March 29, 2013, 10:30 pm
noobnnob,
 The one thing that you should always keep in mind is that the purchase of btc is not illegal. At least not yet. Most of the time, the advise that I give about purchasing btc basically breaks down as follows.
 
 Choose your method of purchase (ie,MtGox, BitInstant, Blue Sky Traders, etc.)
  Make your purchase
  Send your coins through 3 wallets at Blockchain.info
 
At the next step you have to decide for yourself how comfortable you are and the risk you are willing to take. After your coins clear your 3rd wallet you can either send them to your SR account or you can put them through Bitcoin Fog. If you choose to use Bitcoin Fog, know that it takes minimum of six hours for your coins to be dispersed to your SR account. Put them in the night before you want to use them and wake up the next morning with them in your account ready for whatever you want to do with them.
 I have used the fog on larger buys and skipped it on smaller ones or when I was in a hurry. This is ultimately your choice. In my opinion, the more paranoid you are, the safer you will be. The fog does charge a random fee of 1-3% of your deposit amount. Not much to ask to keep you safe. Hope this helps....

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