Silk Road forums
Discussion => Security => Topic started by: cowpie34 on April 01, 2013, 07:21 pm
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I noticed if you live in an 'other' country it's possible to make deposits through sms on your phone with blockchain. Could you just get a cheap prepay phone and load it with prepay visas and to avoid bitinstant fees? If you could it would be sweet as you can buy prepaid visas with no tax for $100 here (I think) and the prepaid visas you can load $500 onto at time of purchase only ask a $5 fee and a prepay phone is only $15 now, which wouldn't be a bad onetime fee. Actually depending on what you do - if you're only a drug dealer - you would still be eligible for a free Obama phone.
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I noticed if you live in an 'other' country it's possible to make deposits through sms on your phone with blockchain. Could you just get a cheap prepay phone and load it with prepay visas and to avoid bitinstant fees? If you could it would be sweet as you can buy prepaid visas with no tax for $100 here (I think) and the prepaid visas you can load $500 onto at time of purchase only ask a $5 fee and a prepay phone is only $15 now, which wouldn't be a bad onetime fee. Actually depending on what you do - if you're only a drug dealer - you would still be eligible for a free Obama phone.
The fees are much higher. Actually, it's the most expensive way to buy BTC.
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Blockchains fees? Whose fees? Are there other places that allow you to do it?
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I'm not sure you understand how SMS deposits work. It's basically a premium text message. Networks charge ridiculous rates for this.
The only case were you would use this if you're in some Third World country where no other options are available.
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I didn't know that! Thank you.