Silk Road forums

Discussion => Newbie discussion => Topic started by: Septimus W Smith on May 09, 2013, 11:00 pm

Title: localbitcoins.com straight to SR
Post by: Septimus W Smith on May 09, 2013, 11:00 pm
Ok, new to this so bear with me guys.

If I arrange to meet someone via localbitcoins.com and pay in cash are they able to transfer the funds directly into my SR account or does there have to be some kind of middleman involved?
Title: Re: localbitcoins.com straight to SR
Post by: wl2ong1 on May 09, 2013, 11:13 pm
This is the only way I get BTC. I either get them from localbitcoins or CL. I only meet in person and pay cash for them. If the person you purchase your BTC from insists on following localbitcoins procedure, they will send the BTC do your localbitcoin wallet, if they already have the BTC in their wallet, it will be an instant transfer to your wallet and then you send to SR wallet. If they are willing, then you can give them your SR wallet and they can send straight to that. Just wait for the blockchain.info/address/"youraddress" show 1 confirmation. More than likely by the time you get home, the BTC will be in your SR wallet.
Title: Re: localbitcoins.com straight to SR
Post by: Septimus W Smith on May 09, 2013, 11:34 pm
So, assuming the vendor is willing to go outside of localbitcoins, all I have to do is give them my SR address and once they've sent it through it'll appear on the transaction list for my address on blockchain?

Also, am I right in thinking that using localbitcoins like this is good for anonymity?

Thanks for all the help.
Title: Re: localbitcoins.com straight to SR
Post by: wl2ong1 on May 10, 2013, 12:07 am
Yes. Once you give them your SR address and they send it. It'll show in transaction history, but ongoing. You can watch and wait for a confirmation. Once you get the first confirmation, you're good. Sometimes it only takes 1, sometimes it takes up to 4.

I find it to be anonymous... I've met with multiple people in different cities/states and they've all gone well. They range from 5-10%.. I shoot for 5-8%, which is better than you get anywhere else. Paying 835 for 800 is a good fee in my opinion.
Title: Re: localbitcoins.com straight to SR
Post by: Septimus W Smith on May 10, 2013, 11:17 am
That was really helpful. Thanks a lot!
Title: Re: localbitcoins.com straight to SR
Post by: wl2ong1 on May 10, 2013, 12:35 pm
That was really helpful. Thanks a lot!

Very welcome. Glad I could be of service. :)
Title: Re: localbitcoins.com straight to SR
Post by: HARDENED_BULL on May 10, 2013, 12:39 pm
Of course u can. goes straight there.
Title: Re: localbitcoins.com straight to SR
Post by: Smarties on May 10, 2013, 12:55 pm
I pay by bank transfer. And I'm still a free man (or girl  ;))
Title: Re: localbitcoins.com straight to SR
Post by: jeweljk on May 14, 2013, 10:55 pm
51 !