Silk Road forums

Discussion => Newbie discussion => Topic started by: PieMayBeMyThing on August 16, 2013, 06:11 pm

Title: How do I get bitcoins?
Post by: PieMayBeMyThing on August 16, 2013, 06:11 pm
I know this has probably been posted here before but for some reason the Search Bar won't let me search anything - it says my last search was 5 seconds ago though the only time I've tried was for this question. Anyways, how do I go about getting Bitcoins? I understand I should go through a third party vendor and such, so what I'm really asking is: how do I trade USD for Bitcoins and make it 1. untraceable to me, 2. ensure I don't get scammed, and 3. get the best exchange rate?

I appreciate any help in advance guys!
Title: Re: How do I get bitcoins?
Post by: CMK2914 on August 16, 2013, 06:19 pm
You're never going to be assured of all three things.  You have to balance them and make educated decisions.

For maximum anonymity with a relatively low chance of a ripoff, find someone with great feedback on localbitcoins.com and set up a face-to-face transaction.
Title: Re: How do I get bitcoins?
Post by: PieMayBeMyThing on August 16, 2013, 06:30 pm
You're never going to be assured of all three things.  You have to balance them and make educated decisions.

For maximum anonymity with a relatively low chance of a ripoff, find someone with great feedback on localbitcoins.com and set up a face-to-face transaction.

If meeting locally, it's possible to exchange cash for bitcoins right? Of course this depends on the seller but I'm just asking to see if that actually happens. Also, how do I ensure that this person gives me my bitcoins? Do I just make sure he has a computer with him during the transaction and watch as I get my bitcoins?

I've been reading over a ton of information on Bitcoins but am still confused on how this Bitcoin Wallet thing is done. I know it pertains to the use of "addresses" (which look like URLs to me); but I don't know how to use it or even set up a wallet. I ask because I'd like to ensure that this vendor I'm meeting face to face can't show me on his computer that he's transferred the bitcoins to an address and then as soon as I leave move the bitcoins from that address to somewhere else.

I hope my question makes sense and thanks for answering the first ones! :D
Title: Re: How do I get bitcoins?
Post by: ThaMiddleMan on August 16, 2013, 07:09 pm
They might use a phone to transfer the coins also , once they start the process to your wallet it will show it coming in pretty quick,
Title: Re: How do I get bitcoins?
Post by: gh84 on August 16, 2013, 07:28 pm
THERE R SEVERAL SITES BUT IF U WANT ANON U CAN TRY A SR SITE THERE SEVERAL VENDORS WITH GOOD FEEDBACK .
CHECK THE FEEDBACK ALWAYS BEFORE DOING ANY PURCHASE
Title: Re: How do I get bitcoins?
Post by: gustav447 on August 16, 2013, 07:38 pm
I know there are some local businesses that do exchange for USD...but is there a legit danger of being traced from there?

Cannot prove that I bought something here right? It would suck to get scammed from the beginning trying to get bitcoin so I am drawn to go the safe route for that
Title: Re: How do I get bitcoins?
Post by: magnoliazzz on August 16, 2013, 07:43 pm
I used localbitcoins.com to arrange a face-to-face meeting. I handed him the money, he sent a text to localbitcoins.com and I got an email confirmation in literally 2 seconds. I verified it was in the account and that was that. It was all a little surreal but in the end it went really smoothly.
Title: Re: How do I get bitcoins?
Post by: Chang on August 16, 2013, 08:14 pm
I can exchange USD for bitcoin if you are still in need. Check my vendor page for more info. I am offering a very favorable 15% bonus for my next 3 customers. If you are interested let me know and I can give you more details.