Silk Road forums

Support => Technical support => Topic started by: MarijuanO on February 24, 2012, 07:03 am

Title: Help me understand purchasing and PGP!
Post by: MarijuanO on February 24, 2012, 07:03 am
Hey guys hows it going im a new user on SR although i have been looking around for a while. I just made my first purchase which was Niburus' Paypal to BTC exchange, and it hasnt come through yet and im not overly fussed seeing it was just a test of 1 bitcoin (i didnt want to buy more and fuck it up somehow). So i just wanted someone to help me understand all this PGP stuff, do you have to use it to make purchases? im confused as anything by it, do i need a program to use it? does it just put your message and info into a code that is only readable to the person you send that code to or something?
Help is very much appreciated! cant wait to get some btc and get started!
Peace xo
Title: Re: Help me understand purchasing and PGP!
Post by: Oldtoker on February 24, 2012, 07:35 am
Hey guys hows it going im a new user on SR although i have been looking around for a while. I just made my first purchase which was Niburus' Paypal to BTC exchange, and it hasnt come through yet and im not overly fussed seeing it was just a test of 1 bitcoin (i didnt want to buy more and fuck it up somehow). So i just wanted someone to help me understand all this PGP stuff, do you have to use it to make purchases? im confused as anything by it, do i need a program to use it? does it just put your message and info into a code that is only readable to the person you send that code to or something?
Help is very much appreciated! cant wait to get some btc and get started!
Peace xo

First off it is not a good idea to purchase Bitcoins here on silk road.  Your bypassing escrow which then allows for scammers to rip you off and for the honest traders to over charge for the service.  Most vendors on here will charge you 10-20 percent to sell you their Bitcoins.  Bitcoins are not illegal to purchase.  Buy your bitcoins from MtGox then run 'em through a mixer before sending them here to Silk Road.  I just did five hundred bucks and it cost me less than ten bucks. 

Pgp is a program.  It allows you to communicate with others using encryption.  You use the other persons public encryption key to encrypt the message and he uses your public key to decrypt the message.  Here's a quick guide that should help you get started:  http://dkn255hz262ypmii.onion/index.php?topic=8962.msg123147#msg123147

Just take your time and learn the system thoroughly first.  It's really not that complicated.  Just takes some time and effort.  Good luck!
Title: Re: Help me understand purchasing and PGP!
Post by: redforeva on February 24, 2012, 07:49 am
sWIm exchanged $400 via bitcoin OTC with moneypak.. got $415 in coin.
Title: Re: Help me understand purchasing and PGP!
Post by: Oldtoker on February 24, 2012, 07:57 am
sWIm exchanged $400 via bitcoin OTC with moneypak.. got $415 in coin.

Yeah I'm sure, as with everyone on here, he's not in business to make money but, to give it away.  Give me a break!
Title: Re: Help me understand purchasing and PGP!
Post by: goofus on February 26, 2012, 12:09 am
the increase in value for a bitcoin purchase could possibly come from an increase in bitcoin trading value? Otherwise, I'm wondering if Redforeva got the two amounts switched?

tumbling bitcoins purchased on mtgox seems like a reasonable alternative to purchasing bitcoin on SR by vendors but is a bit of a chore to set up a few accounts, then figure out how to tumble. The SR vendors of bitcoin supply a service that looks expensive but maybe is worth it for us technologically unsavvy folks who just want to get clean drugs delivered by a reliable dealer who won't kill you or be a cop

Goofus
Title: Re: Help me understand purchasing and PGP!
Post by: MailMaxDev on February 26, 2012, 03:21 am
Avoid using PayPal to buy bitcoins. Avoid PayPal in general.
Title: Re: Help me understand purchasing and PGP!
Post by: Oldtoker on February 26, 2012, 10:15 pm
the increase in value for a bitcoin purchase could possibly come from an increase in bitcoin trading value? Otherwise, I'm wondering if Redforeva got the two amounts switched?

tumbling bitcoins purchased on mtgox seems like a reasonable alternative to purchasing bitcoin on SR by vendors but is a bit of a chore to set up a few accounts, then figure out how to tumble. The SR vendors of bitcoin supply a service that looks expensive but maybe is worth it for us technologically unsavvy folks who just want to get clean drugs delivered by a reliable dealer who won't kill you or be a cop

Goofus

Yes, it can get pretty damn confusing at first.