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Discussion => Newbie discussion => Topic started by: outsideofhome on May 15, 2013, 04:03 am

Title: Newbie Bitcoin Paranoia: my story
Post by: outsideofhome on May 15, 2013, 04:03 am
Hi Everyone,

I am a newbie and a bit paranoid. I did my due diligence, figured out pgp, etc. and was preparing for my first purchase on SR. I live in Canada, so it seems the best "mainstream" way to get bitcoins is VirtEx (I am not interested in face-to-face cash-for-coins). But it was taking awhile to get verified, and I was impatient to get my sticky paws on some bitcoins, and I decided that a Canadian seller on localbitcoins.com who had good reviews and would accept interac e-transfer would be an okay way to go. I find someone with decent reviews, OTC status, and I do the deal. Everything works out - no problem. Or so I thought. The next day, I get a call from the fraud department at my bank. They give me 20 questions, asking me about who this person is, etc. I try to stonewall them but they are very pushy. They want to know how I know this person and what was the transfer for. I tell them it was an authorized transaction and that I want to leave it there. They insist there are have been complaints about the other party and they want to know what the transfer was for. Eventually I let them know that this was an authorized transaction for purchase of a small quantity of bitcoins, and that seems to satisfy them. Needless to say, I will be going with VirtEx in the future (now verified with them and ready to go).

But I have lingering paranoia. I do not trust the banks. Is it possible that my bank has alerted LE to me? Might my mail be scrutinized now?

Please tell me I am just being paranoid.

Cheers,
-Outsideofhome
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: Madam Ave on May 15, 2013, 04:13 am
Sounds like paranoia to me.  ::)

Remember there is nothing illegal about buying and using bitcoins. This means if the bank did notify LE for some reason (which they didn't), LE will not care anyway.
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: alapio on May 15, 2013, 04:34 am
dont be sad
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: LoveTractor on May 15, 2013, 04:53 am
Id tell them to Fuck off...
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: Dazarius on May 15, 2013, 06:21 am
It sound like paranoia to me too. Be good!
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: zetterberg99 on May 15, 2013, 09:56 am
They didn't contact LE.  As said before, buying BTC is totally legal.  If I were you I'd have told them to fuck off.  Hate banks.
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: badmanselecta on May 15, 2013, 10:04 am
sounds like paranoia pal
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: derrick on May 15, 2013, 10:05 am
You will be fine.
But remember, never answer the phone.
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: Chadearium on May 15, 2013, 02:45 pm
With  the recent explosion in bitcoin prices, people are flocking to the market.  Nothing unusual about jumping in.  I would not be afraid to show my face at any bank. 
Title: Re: Newbie Bitcoin Paranoia: my story
Post by: inkoqnitoo on May 15, 2013, 03:14 pm
Don't be afraid bitcoin can be used in many stores and for some it is a high risk investment currency. Nobody is notified about your purchase.