Silk Road forums

Discussion => Newbie discussion => Topic started by: thewizard92 on June 13, 2013, 07:19 pm

Title: Transferring Bitcoins into your SR Account
Post by: thewizard92 on June 13, 2013, 07:19 pm
Hi I'm new to this whole thing, and I was wondering if someone could walk me through transferring Bitcoins into my SR account. I just bought my first bitcoins using CoinBase, and my coins will be available tomorrow around noon. I would like to learn how to do this before tomorrow so I know exactly what I'm doing. Any help would be appreciated.
Sorry I'm sure this is a dumb question, but I'm a virgin to this whole experience and sometimes you have to be guided in  ;D
Title: Re: Transferring Bitcoins into your SR Account
Post by: Tiger on June 13, 2013, 07:46 pm
On Silkroad go to your account and copy the address, people recommend hitting the get new address button first-can sometimes make the transfer quicker. Don't miss out any letters/numbers!

On coinbase I'd assume there is a 'send funds button', hit that, add the amount and paste your silkroad address into the recipient box. Wait a few hours.

You could send the coins through a laundering service but I wouldn't bother, Silkroad has one built in.

Don't forget to encrypt your delivery address when you order!
Title: Re: Transferring Bitcoins into your SR Account
Post by: thewizard92 on June 13, 2013, 08:04 pm
how would you go about encrypting your delivery address?
thanks for the help btw, much appreciated.
Title: Re: Transferring Bitcoins into your SR Account
Post by: SemiTranslucent on June 13, 2013, 08:06 pm
how would you go about encrypting your delivery address?
thanks for the help btw, much appreciated.

Read up on how to use PGP.

http://dkn255hz262ypmii.onion/index.php?topic=107219.0

Basically it turns your text into gibberish which can only be "translated" via the public key you disclose to the vendor.
Title: Re: Transferring Bitcoins into your SR Account
Post by: Phillippa Hole on June 13, 2013, 08:12 pm
It might be wiser to transfer your coins into your own downloaded wallet first, then from there to SR. It helps to "rinse" the coins.

You can get one here (clearnet) http://www.weusecoins.com/en/getting-started or here http://bitcoin.org/en/choose-your-wallet
Title: Re: Transferring Bitcoins into your SR Account
Post by: thewizard92 on June 13, 2013, 08:15 pm
thanks  ;D
And is there anything else i should familiarize myself with before i begin placing orders?
Title: Re: Transferring Bitcoins into your SR Account
Post by: SemiTranslucent on June 13, 2013, 08:17 pm
It might be wiser to transfer your coins into your own downloaded wallet first, then from there to SR. It helps to "rinse" the coins.

You can get one here (clearnet) http://www.weusecoins.com/en/getting-started or here http://bitcoin.org/en/choose-your-wallet

Yes, that is always wise; plus its good to change up your bitcoin wallet, and PGP public key every couple of transactions.

Always good to keep things fresh to eliminate the possibility of "fingerprinting".
Title: Re: Transferring Bitcoins into your SR Account
Post by: Tiger on June 13, 2013, 09:10 pm
It might be wiser to transfer your coins into your own downloaded wallet first, then from there to SR. It helps to "rinse" the coins.

You can get one here (clearnet) http://www.weusecoins.com/en/getting-started or here http://bitcoin.org/en/choose-your-wallet

This won't do much use unless it is specifically a rinsing service, which you'd generally pay a fee for, if not it'll just be a few more clicks to follow the coins through the blockchain.

There's really no need to set up a new PGP key every couple of transactions. Fingerprinting will relate more to whats posted on forums.

Astor has written this guide to PGP http://32yehzkk7jflf6r2.onion/gpg4usb/ I imagine this'll help somewhat.
Title: Re: Transferring Bitcoins into your SR Account
Post by: thewizard92 on June 13, 2013, 10:02 pm
thanks tiger, that guide helped out quite a bit. There's still a few things I'm confused on though. Using the GPG4USB software I generated keys, but which one is public and which one is private? I would assume the one you had to give a passsword and email address would be your private key, but I'm not sure. And if that key was the private one, does it give you a public one as well? Idk lol, this is all very new to me
Title: Re: Transferring Bitcoins into your SR Account
Post by: Tiger on June 13, 2013, 10:34 pm
I don't use that program so I'd probably want someone to confirm this.

When you generate a key, you actually generate a keypair- the public and private key. These are different but are linked (you need the private key to unlock message encrypted with that public key). You would only need to generate a key once.

"To copy your public key, so you can give it to other people, open the Key Management window and check the box next to your key, then select "Export to Clipboard". "

That will give you your public key, don't worry about getting your private key-you don't want to be sharing that. GPG4USB will sort the private key bit automatically when you go to decrypt a message.