Silk Road forums

Discussion => Newbie discussion => Topic started by: emoney1110 on October 01, 2013, 04:01 pm

Title: buying bitcoins question
Post by: emoney1110 on October 01, 2013, 04:01 pm
so i can buy btc from localbitcoin n then send to blockchain wallet address then to sr?
Title: Re: buying bitcoins question
Post by: nowthen on October 01, 2013, 04:17 pm
For LBC, you open an offer with someone and then meet them, give cash, they release bitcoins which will then be on your LBC account. You then need send them from that account to a wallet off the site and, ideally, break the chain that connects your transactions before you send them to SR. It's VERY easy to trace bitcoins that left your LBC account and were sent to a SR wallet. Try looking up bitcoin laundry methods and ways of anonymising your coins.

I'm not sure how much people can trust blockchain's shared wallet for doing this. Their own taint analysis tool seems to show that it works... But then it's *their own* taint analysis tool.

[edit] I'm pretty sure plenty of people *don't* bother doing this by the way... But I'd wager a nice wedge of my BTC that localbitcoins will happilly pass on your details to LE if asked. [/edit]