Silk Road forums
Discussion => Silk Road discussion => Topic started by: donutz on February 13, 2012, 08:17 am
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Yes I am a complete newbie to this site, but No I don't need any primers on buying BitCoins, it seems pretty straightforward to me. But when I calculate the costs of what vendors are asking for their products I have to wonder: Am I missing some secret here to buying BTC or is everybody paying the same inflated prices for their desired products as a result of their multi-dinger transactions in the quest to get their BTC? The exchange rate of purchasing BTC is bad enough but then there are the fees. That ฿27.73 gram of coke has an adjusted price tag of $160. Nobody in their right mind would pay this. That can't be right. Or can it?
sorry for starting a new thread about this, i'm sure it's been asked fifty times this year already. i appreciate it, thanks folks
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Quality over quantity try it ;)
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In the long term, I expect prices on SR to actually decrease to below the price of drugs on the high street.
This is for the same reason Amazon/Ebay prices are generally cheaper than in a high street store for books or electronics.
i.e. the distribution mechanism, all those hundreds of thousands of drug dealers are going to eventually get put out of business by organizations like the Silk Road.
However, that will take time. Volume and Competition aren't yet sufficient. Also, many solutions and technologies need to evolve before Silk Road becomes mainstream. Buying drugs should be possible using a credit card and regular web browser by complete newbs with complete anonymity.
Anyway, don't be sad, like Redforever says, the quality is well above par. And for sellers/buyers, there are lots of arbitrage opportunities to participate in.
One must consider that within the US alone, drugs can either cost 1/3 or 3x more of what you'd pay in some parts of the states. There are serious serious arbitrage opportunities of the most basic nature available to us through SR. If SR isn't transacting millions of dollars a day by next anniversary, I'll be surprised.
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For about a 10% premium over street prices, I get a wide choice of high quality, on weight products which are delivered to my door and I get access to a community of mostly very nice people.
Using your coke example. On SR, the best coke costs about £100 a gram but can quite reasonably be 70% pure and up.
Street coke in the UK costs around £40-60 a gram and is commonly 70% benzocaine + caffeine. The last street MDMA I bought 12 months ago was 20% sucrose. We used to get weed sprayed with glass beads. The most commonly available Euro hash has bits of polythene in. Bad pills are still fairly common.
Also when I buy on Silk Road I don't have to either hang around in the pissing rain for a drug dealers '5 minutes' waiting for a taxi to drop it off, or go to some grotty bedsit and make small talk with some drug market bottom-feeder.
I don't think SR is expensive at all!
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Weed and hash are both cheaper/same as street level where I live. So I am not complaining about not having to find shady dealers with shit product anymore.
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It seems like just coke, opiates, and pharmaceuticals that are way more expensive here. That makes a lot of sense too since it's the main three that are controlled by the cartels, US letter agencies like the CIA, and pharmaceutical giants. So when those products are offered at such a large market demand far outweighs supply, and vendors can't make more like with just about every other drug. They rely on the aforementioned suppliers who don't care if the product is sold here or on the street.
There's a lot of money to be made if one of you buys a sail boat, takes it to Columbia, and teaches those cartel guys how to use SR and figure out a way to safely ship to the states, maybe through the Caribbean on your sail boat ;)
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I have to admit, the coke i bought on SR is the best i ever had. So if dealers on the street offer you their 'best' @ 20%/gr and you can buy it here @80%/gr that makes the difference. Ok, the little pile of powder looks the same for allmost 3x the street price, but hey... you have to try it ;)
But i'm not gonna buy it anymore, sos aint my favorite drug. I just wanted to know what the real stuff was like 8)
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In the long term, I expect prices on SR to actually decrease to below the price of drugs on the high street.
This is for the same reason Amazon/Ebay prices are generally cheaper than in a high street store for books or electronics.
i.e. the distribution mechanism, all those hundreds of thousands of drug dealers are going to eventually get put out of business by organizations like the Silk Road.
However, that will take time. Volume and Competition aren't yet sufficient. Also, many solutions and technologies need to evolve before Silk Road becomes mainstream.
Buying drugs should be possible using a credit card and regular web browser by complete newbs with complete anonymity.
Hundreds of thousands of drug dealers? are you crazy? You have to remember how Ebay and Amazon source their products, there's different things you have to deal with when you source illegal products you can probably take a guess at a few, plus nobody wants to wait days for weed I think the general quality of street drugs will be a lot higher if Silk Road expands but it won't put street sellers out of business.
We shouldn't have complete newbs buying drugs with complete anonymity especially if you see some of the questions or things that are said on this forum (or others) you might get a complete idiot OD-ing or seriously messing himself by having that much freedom/access to drugs.
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Yeah I see what you mean about quality, I don't deny that a lot of these are rather pure, but that's still hard for me to believe if they ever surpass or even approach the value parity with their street counterparts. Some things can't be compared though, such as the pharms. A pill is a pill and they can't get any cleaner, all of those prices are a joke. And I wonder if the ketamine would be cut with methoxetamine these days as well, considering how cheap and prevalent it is now. But that's another issue.
Anyways so I guess there's no clandestine way to buy BTC on the Silk Road itself and save tons of cash by getting the best exchange rate? Or we just bite the bullet? Thanks for answering, I felt real dumb asking such a naive question but I just had to do some kind of double take against all this info