Silk Road forums

Discussion => Newbie discussion => Topic started by: SecretMeerkat7 on May 31, 2013, 04:34 am

Title: Buying BitCoins from a vendor
Post by: SecretMeerkat7 on May 31, 2013, 04:34 am
There's a vendor on SR who's selling BitCoins, among other things.  He says to go buy a MoneyPak and load the money onto it, then give him the info on the back of the card and he'll put BitCoins into my account with only a 2.5% rate.  Is this safe?  Sounds too easy/good to be true.
Title: Re: Buying BitCoins from a vendor
Post by: Luvs2Trip on May 31, 2013, 08:54 am
Have you done a search of the vendors name on the forums to see if they have any reviews?

If its a new vendor then i would be suspect but if its an established vendor with feedback and reviews that backup their legit then you should be ok! You will get no help from SR if you do get scammed tho as they do not support bitcoin sales!
Title: Re: Buying BitCoins from a vendor
Post by: Libertas on May 31, 2013, 09:08 am
Silk Road recommends that you do not purchase your Bitcoin from a vendor / exchanger on Silk Road; please see the following SR Wiki entries regarding this:

http://dkn255hz262ypmii.onion/wiki/index.php?title=Buyer%27s_Guide#Getting_Bitcoins

http://dkn255hz262ypmii.onion/wiki/index.php?title=Frequently_Asked_Questions#I_need_help_with_a_bitcoin_transaction_from_a_Silk_Road_vendor.

Libertas
Title: Re: Buying BitCoins from a vendor
Post by: SecretMeerkat7 on May 31, 2013, 09:47 am
He has a bunch of reviews and seems like a trusted vendor, but I might go a different route.  Just seems so incredibly convenient lol
Title: Re: Buying BitCoins from a vendor
Post by: pietertje on May 31, 2013, 09:53 am
try to reach that 50 mark...
Title: Re: Buying BitCoins from a vendor
Post by: Luvs2Trip on May 31, 2013, 10:16 am
He has a bunch of reviews and seems like a trusted vendor, but I might go a different route.  Just seems so incredibly convenient lol

It is a risk with bitcoins as its so easy to scam people. There are bitcoin vendors on here that some people will swear by tho!
Title: Re: Buying BitCoins from a vendor
Post by: SecretMeerkat7 on May 31, 2013, 10:22 am
A review was just posted on his site from someone who very happily received their BitCoins and gave him a 15/5 (lol).  Maybe I will trust my instinct and go through with it, it certainly does seem to be the most convenient method I've come across. 
Title: Re: Buying BitCoins from a vendor
Post by: Libertas on May 31, 2013, 10:26 am
A review was just posted on his site from someone who very happily received their BitCoins and gave him a 15/5 (lol).  Maybe I will trust my instinct and go through with it, it certainly does seem to be the most convenient method I've come across.

Vendors - especially BTC exchange vendors - can very easily pad their feedback from buyer accounts created for that purpose. Don't trust feedback alone when making a decision. I would strongly recommend that you purchase your Bitcoin off-site.

Libertas
Title: Re: Buying BitCoins from a vendor
Post by: SecretMeerkat7 on May 31, 2013, 10:29 am
A review was just posted on his site from someone who very happily received their BitCoins and gave him a 15/5 (lol).  Maybe I will trust my instinct and go through with it, it certainly does seem to be the most convenient method I've come across.

Vendors - especially BTC exchange vendors - can very easily pad their feedback from buyer accounts created for that purpose. Don't trust feedback alone when making a decision. I would strongly recommend that you purchase your Bitcoin off-site.

Libertas

Duly noted.  Glad to have a good guy like you around here to help us newbies out :)