Silk Road forums

Discussion => Newbie discussion => Topic started by: TheIllusiveDeus on May 04, 2013, 10:25 pm

Title: Can someone help a noob out?
Post by: TheIllusiveDeus on May 04, 2013, 10:25 pm
Hey guys I'm hoping to make my first buy in a couple weeks, but i have no idea how to set up my mtgox account so i can put money into it and convert that to bitcoins. I tried yesterday but i am waaayyy fucking lost. I tried to set up an account with Dwolla but they wanted my social security and I sure as hell am not giving that to them. Is there any other ways to convert my money to bitcoins? Could I just lie about my social security? sorry for the dumb questions but I'm seriously lost and just need some people to help out who've done it before. Thanks a bunch guys  :D :D im excited as hell to start using the road. :)
Title: Re: Can someone help a noob out?
Post by: BlueGrippelrunt on May 04, 2013, 10:41 pm
Sadly now closed, I used BitFloor/Localtill just a month ago. I was going to use Blockchain/BitInstant originally, but the higher fees persuaded me to go with BitFloor. I guess next time I need to fund up I'll be using Blockchain/BitInstant.

The cool thing is that funding is as simple as visiting a Bank of America branch and making a deposit, no ID required at any point.

Be sure to do all your site registrations through Tor. BitInstant has a BC tumber service for a fee, but there is a tumbler built into SR. Transferring between a few wallets or bitcoinfog is recommended for maximum security. 
Title: Re: Can someone help a noob out?
Post by: dgrassman on May 04, 2013, 10:57 pm
bitinstant to bitcoin address is the easiest method. if u ever get ur money out of gox, you should create a wallet at blockchain.info send it to that wallet, then send it to silk road
Title: Re: Can someone help a noob out?
Post by: GoofyGlasses57 on May 04, 2013, 11:41 pm
bitinstant to bitcoin address is the easiest method. if u ever get ur money out of gox, you should create a wallet at blockchain.info send it to that wallet, then send it to silk road

This. It's easier/safer than using mtgox.
Title: Re: Can someone help a noob out?
Post by: Wepromisetwenty on May 05, 2013, 12:22 am
Yeah blockchain.info really is great. If they sell to your country - i'd recommend using them - super easy and super reliable.
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 07, 2013, 12:16 am
so can someone walk this thru with me so i can buy .1 bitcoins and get the hang of things? Sorry for being a complete fucktard.  So I'm at bitinstant and its asking where i want to pay from. I want to convert my cash into bitcoins so should i choose local deposit locations? then it asks for where to pay to. That should be bitcoin address but I have no idea what to put for the address. So those two to start.
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 08, 2013, 07:49 am
*De bump?
Title: Re: Can someone help a noob out?
Post by: nameless131313 on May 08, 2013, 08:17 am
have you made a blockchain wallet as of yet?
Title: Re: Can someone help a noob out?
Post by: Judge Smails on May 08, 2013, 02:13 pm
Are Blockchain.info wallets safe?  I thought I read about someone hacking their wallets not to long ago. Fuck I have a problem trusting any of these online wallets. Not that I know too much about it. I have been using Bitinstant directly to SR BTC address. Has worked great so far
 ???
Title: Re: Can someone help a noob out?
Post by: valpal on May 08, 2013, 02:35 pm
Wallet "safety" shouldn't be an issue if you're just buying coins then transferring directly between wallets, eventually to SR (I think its unnecessary to transfer your coins between multiple wallets), if you dont mind paying extra for speed, try localbitcoins.com, or bitbargain.com (Only use trusted sellers) 
Title: Re: Can someone help a noob out?
Post by: mary666 on May 08, 2013, 06:42 pm
Blockchain is available to you but u need online banking don,t worry its not illegal to buy bitcoins  :)
Title: Re: Can someone help a noob out?
Post by: gratefulheadofdead on May 08, 2013, 06:55 pm
Ya the act of buying bitcoins is in no way illegal. Better yet (as far as I know, but could be wrong) any information that a transaction ever went down on SR isn't stored anywhere for very long. So after a bit, its like nothing ever happened through the site. I think.
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 09, 2013, 03:38 am
I have a blockchain wallet but i just have no idea how to use it :/
Title: Re: Can someone help a noob out?
Post by: Hemp Plastic on May 09, 2013, 03:43 am
Try LocalBitcoin or one of SRs reputable vendors who sell bitcoins.
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 16, 2013, 04:35 am
Bump. ima try to purchase something this friday. Thanks for everyone whose helped me thus far.
Title: Re: Can someone help a noob out?
Post by: Voice_of_MaN on May 16, 2013, 05:06 am
Ya the act of buying bitcoins is in no way illegal. Better yet (as far as I know, but could be wrong) any information that a transaction ever went down on SR isn't stored anywhere for very long. So after a bit, its like nothing ever happened through the site. I think.

The act of buying bitcoins falls under the category of self-reporting--as far as taxes go, anyway. But hey, the IRS is full of politically and morally corrupt cocksuckers. Good luck with that.

BTC is currently under attack by U.S. DHS, with other nations planning similar steps to curtail BTC and SR, but the truth of the matter is that at the moment Japan is in control. Satoshi Nakamoto--and every BTC miner--controls the market, and thus, they control the (legal) future of BTC.

IT and computer professionals are now the arbiters of BTC.
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 16, 2013, 03:46 pm
Haha i know understand how they work but I still don't understand how to get it. When I get to Bitinstant where do I pay from. I know I want to pay to a bitcoin address ( that would just be the address on my SR page) but I just don't understand were and how to "pay from"
Title: Re: Can someone help a noob out?
Post by: amsterdamdrugs on May 16, 2013, 08:32 pm
Thank you all for the information !
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 19, 2013, 02:26 am
So I watched this video( http://vimeo.com/44849463 ) and I finally understand how to do it :DDDDDDDDDD
but should i send it to my blockchain address or straight to my SR account? I'm most likely going to purchase it the day I get it.
Title: Re: Can someone help a noob out?
Post by: 013517 on May 19, 2013, 02:30 am
Blockchain or electrum, or any of a number of private wallets is the smarter step. 
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 19, 2013, 07:31 pm
Blockchain or electrum, or any of a number of private wallets is the smarter step.

Whats the reasoning behind putting it in private wallets before putting it in my SR account?
Title: Re: Can someone help a noob out?
Post by: UkashEqualsBTC on May 19, 2013, 09:31 pm
i accept moneypak then convert to bitcoin - http://silkroadvb5piz3r.onion/silkroad/user/5da240f545
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 20, 2013, 01:06 am
sorry to jump in but this  is a great thread. just so i understand a reasonable approach is
1-get wallet @ bitchain
2-deposit funds into bitinstant
3-transfer from bitinstant to SR acc.
4-let the fun begin.

thanks for the help

thats what im thinking it is, but i still don't understand the need for a wallet. do i send my money through bitinstant to the wallet and then SR, or just straight to SR?
Title: Re: Can someone help a noob out?
Post by: RobLoblaw on May 20, 2013, 01:44 am
Whats the reasoning behind putting it in private wallets before putting it in my SR account?

to make it more difficult to trace back to you incase SR becomes compromised. its an added level of protection.

and yes you go bitcoin supplier to wallet to SR
the wallet acts as a middleman between you purchasing bitcoins and your SR account
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 20, 2013, 02:28 am
Whats the reasoning behind putting it in private wallets before putting it in my SR account?

to make it more difficult to trace back to you incase SR becomes compromised. its an added level of protection.

and yes you go bitcoin supplier to wallet to SR
the wallet acts as a middleman between you purchasing bitcoins and your SR account

ahh i see OK will use a blockchain wallet. Thanks for the help everyone, hopefully i will make my first purchase ever tomorrow :DD
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 21, 2013, 02:17 am
So time for one last painfully stupid question. How do you finalize a transaction? I finished placing my order and I want to finalize it without finalizing early. What to do...what to do.
Title: Re: Can someone help a noob out?
Post by: RobLoblaw on May 21, 2013, 03:01 am
add your items to your cart. click on your cart button to go to the cart screen. select the type of shipping you want and update that. then enclose your encrypted gpg address for shipping and hit the button. i cant remember what its called exactly. it should be pretty straight forward. you cannot FE your purchase until the seller marks it in transit
Title: Re: Can someone help a noob out?
Post by: RobLoblaw on May 21, 2013, 03:04 am
sorry that was a shit explaination, lemme try that again

ok, so you add item to cart then click on cart button. update shipping. add your gpg shipping address to the text box. add you pin code and then hit place order. that will mark it processing
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 21, 2013, 03:33 am
sorry that was a shit explaination, lemme try that again

ok, so you add item to cart then click on cart button. update shipping. add your gpg shipping address to the text box. add you pin code and then hit place order. that will mark it processing

it's currently marked as processing. when that changes should I finalize? what would finalizing early be? finalizing well it is in processing?
Title: Re: Can someone help a noob out?
Post by: sclerogal on May 21, 2013, 03:50 am
No Finalize Early occurs in transit state.  You should never FE early, a lot you questions are on the wiki.  SR highly recommends you read these prior to you 1st purchase to keep you and your money safe.
Title: Re: Can someone help a noob out?
Post by: RobLoblaw on May 21, 2013, 03:53 am
you order has been placed
processing means hes packing it up and getting it ready for shipping
when he ships it, he will come back and update. then it will say in-transit
at this point the finalize button becomes available. DO NOT HIT IT
also you will see another button available called resolve. you would use this if you have a problem with your package like it doesnt show up or something
once you package arrives in the mail, then you sign on to SR and hit the finalize button
when you hit finalize, you complete the sale. the resolve button goes away and its considered a done deal. so best to wait until you have your package in hands!
Title: Re: Can someone help a noob out?
Post by: TheIllusiveDeus on May 21, 2013, 04:01 am
you order has been placed
processing means hes packing it up and getting it ready for shipping
when he ships it, he will come back and update. then it will say in-transit
at this point the finalize button becomes available. DO NOT HIT IT
also you will see another button available called resolve. you would use this if you have a problem with your package like it doesnt show up or something
once you package arrives in the mail, then you sign on to SR and hit the finalize button
when you hit finalize, you complete the sale. the resolve button goes away and its considered a done deal. so best to wait until you have your package in hands!

ahhh i see. Well thanks a bunch you guys, looks like im done here :D