Silk Road forums
Discussion => Security => Topic started by: dumdumdum on September 26, 2012, 02:25 pm
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Hi,
As MTgox is not accepting cash deposits now in the UK, has any tried https://blockchain.info/wallet/deposit-pingit it looks like a reasonable alternative, just seeing if anyone has tried/tested it. Only other problem is a paper trail is there any extra security methods that we can use?
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Having looked at their terms and conditions briefly the first major flaw I see is a maximum deposit limit of £250 per week.
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Hi,
As MTgox is not accepting cash deposits now in the UK, has any tried https://blockchain.info/wallet/deposit-pingit it looks like a reasonable alternative, just seeing if anyone has tried/tested it. Only other problem is a paper trail is there any extra security methods that we can use?
I think you have to use ping-it with BlockChain Info and im sure with BCI you can send coins anonymously.
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I'm very interested to hear about this service too, will probably test it out myself in the next few days and report here. I don't know of any extra security measures for staying anonymous while using that service but for me the paper trail of sorts isn't necessarily a deal breaker since I don't really see how someone could prove what you're using the bitcoins for and it's not illegal to get bitcoins. Even if questioned I'd just say it's for online gambling. I wouldn't use that for large orders though or get too comfortable with it. The £250 a week limit wouldn't affect me much personally but I can see how that'd be problematic for those who regularly buy bulk. I just hope that MtGox get their act back together soon and this will just be a temporary or alternative service that isn't too costly.
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Having gone through the process of registering with Pingit, it would appear to be a dubious option.
Having entered all your personal, they then request that you take one form of photographic ID and a proof of address before you can use the service.
Don't waste your time.
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Having gone through the process of registering with Pingit, it would appear to be a dubious option.
Having entered all your personal, they then request that you take one form of photographic ID and a proof of address before you can use the service.
Don't waste your time.
That is a shame thanks for letting us know. I think I am still going to try it out sometime, I don't think it's that sketchy to become verified to use the service if a lot of people also use it for all kinds of legit payments. If they ever question me about bitcoins or that service in general I'll just say I'm an online gambler and I think that would be the end of it. There's so many gamblers in the UK I don't think anyone would be suspicious. I still prefer this option to international bank transfers, since with those I'd be looking at paying around 15 pounds every time on top of the other fees and exchange rate.
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I agree totally with you , how would barclays know where or what the money has gone on? And if blockchain got investigated and had to give out info what would that tell anyone. If LE knocked on my door i would use my right to remain silent , in court it would never go to trial because i could have been provided the bitcoin addresses from a third party to pay for items, i didn't know it was going to a dodgy site..
That is a shame thanks for letting us know. I think I am still going to try it out sometime, I don't think it's that sketchy to become verified to use the service if a lot of people also use it for all kinds of legit payments. If they ever question me about bitcoins or that service in general I'll just say I'm an online gambler and I think that would be the end of it. There's so many gamblers in the UK I don't think anyone would be suspicious. I still prefer this option to international bank transfers, since with those I'd be looking at paying around 15 pounds every time on top of the other fees and exchange rate.
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Shit just set up my mt.gox account and was gonna deposit cash tomorrow. Talk about crappy timing!
As this was gonna be my first order i'm not too bothered about the £250 limit but wanted to check if anyone knows if this service is legit even? Will have a crack as long as my money won't disappear! Guess the wallet works the same as the mt.gox one and you just transfer to your SR yeah?
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Shit just set up my mt.gox account and was gonna deposit cash tomorrow. Talk about crappy timing!
As this was gonna be my first order i'm not too bothered about the £250 limit but wanted to check if anyone knows if this service is legit even? Will have a crack as long as my money won't disappear! Guess the wallet works the same as the mt.gox one and you just transfer to your SR yeah?
Im going to send £15 and see what happens..if it was a scam why put a 250 limit.. I'll soon find out,lol.
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^^ Cheers Orinoko.
Am gonna speak to the bank tomorrow and get pingit set up. Let me know how it goes and i'll do the same!
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*watching with interest*
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Yaaay it works. It took 1hr 45 mins for the cash to be sent from pingit to blockchain info then it took about 6hrs to receive my coins on the road ;D ...
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Having gone through the process of registering with Pingit, it would appear to be a dubious option.
Having entered all your personal, they then request that you take one form of photographic ID and a proof of address before you can use the service.
Don't waste your time.
That's strange because I didn't get asked for any of that info, they verified my details by charging one penny to my bank account with a verification code attached to the transaction, I've used Pingit to transfer money into Blockchain and it works a treat
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Yaaay it works. It took 1hr 45 mins for the cash to be sent from pingit to blockchain info then it took about 6hrs to receive my coins on the road ;D ...
did you previously have your pingit setup and verified ?i am now waiting for a letter from barclays with a reference number.and i have already done the 1 penny thing and a text verification. so now i will have another wait for the 3rd verification of identity
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Im going to try the ping-it/blockchain method soon, Ive also been BTC-blocked by mtgox. The buggers have a 3 digit amount of mine out there in cyberspace - grrr. >:(
so..
What I've done before for transferring BTC's is use instawallet as a stepping stone between Bitcoin site and SR, is that something you guys are doing with the ping-it method?? or are you sending straight from blockchain to SR??
Also..
has anyone checked out www.btkoin.com? I noticed it got spammed over SR a little, it seems too good to be true, even with paypal payments.
Keep safe :)
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I wasn't asked to present any ID or proof of address either, at least not yet. It did say though that I'd have to perform some additional verification if I spend over £2000 or after a year has gone by. I made my first BTC purchase with this method today and it worked out great. I was surprised with how fast this method works. Literally within a minute or two of using the app I had the bitcoins in the wallet, and got a decent deal on them too. In the end I only paid a few pennies more than I would have on MtGox with the GBP bank transfer method. I will definitely stick with this service while it works until MtGox or Intersango get their act together in the UK.
I am pretty upset with MtGox as they lost track of quite a bit of my money that I sent them before they stopped taking UK bank transfers. I contacted them about it politely in several emails and they replied saying they would trace it and credit me with it or send it back, so on and so forth, but now several days/almost a week has passed and I haven't heard anything from them or received any money either in my MtGox account or as a refund to my bank account. They haven't responded anymore to my emails about it either which is slighlty worrying, I'm starting to think they've lost my money for good. I don't think I'll use them again if I don't get the money back one way or another. Has anyone here had this happen, but gotten the money back or credited to their MtGox account? Can an organization as established as MtGox legally just rip people off?
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Hey new user here. Joined the site a few days ago and went nuts trying to get bitcoins, which was apparently impossible in the UK. In the end I used ping it- it took a few hours to process there and a few more to get transferred here, but in the end everything went smoothly. Cost about £7/BC, and they didn't require any ID. Seems to be the best option for UK users at the moment.
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Yep, it works....
Have a Barclays Current Account, with online banking, and a registered, current mobile number with them. During install/ payments using the app, I was not asked for any verification or ID.
Made a payment of £250 (yes, all the way) but wasn't until almost 18 hours before I saw the coins in my account. Apparently it was a glitch in their system.
If anyone is worried about anonymity and privacy, they should send the coins, once in their BlockChain Wallet, to "BitCoinFog Company" - as that adds an extra cloak of security. They take a small percentage and a few hours of your time, but its worth it if you're slightly paranoid.
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Bill,
You mean 18 hours to show in your blockchain account yeah? I transferred £110 as a tester via pingit last night and it still isn't showing. If yours took this long that makes me feel better!! Just checked with Barclays and they say it was sent to Qkos services ltd and have just sent a message to blockchain...
Will keep people posted...
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Is there any way to use pingit from your PC without using the smartphone app?
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Still no sign of the money in my wallet and no reply from Blockchain. Nearly 24 hours now and getting a bit worried...
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thats strange underbridge7 I deposited £50 only took about 4hrs in total to get the btc into SR. Have you contact blockchain support maybe there was a problem with the ref number.
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Yeah sent an email this morning and got an automated reply saying they'd be back asap but nothing yet.
Only thing i can think is cos it was outside banking hours? If its not there first thing Monday I'll be real pissed!
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Hi,
Can any one help me with a quick question on this please - The 1p has been credited into my account. However, there is no verification code showing up when I log on to my online bank statement. Where it usually says who sent money to me or where I've spent money i.e. the supermarket, all it says next to the 1p is 'NO REF"
So where do you all get the 1p verification code from?
Thanks in advance ;D
J.
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When you say they have stopped UK cash deposits, you mean a direct walk in bank deposit? It doesnt effect a UK bank transaction into the Mtgox barclays account does it?
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@japan mine took 24hrs to show the ref but some people were lucky and it showed within minutes. @optical not sure about cash deposits but I wouldn't risk it. I tried an online banking payment and it got bounced back to me so was fine but obviously a cash deposit can't do that if there are any problems and it could take awhile to show in you mtgox account. Best thing to do is email them and ask.
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Strange thing's happened with my Mtgox...
Yesterday I tried to transfer a certain amount of money to them - it bounced straight back. 10 minutes later I tried again, with a slightly different sum of money - once again it bounced back. Now I've just checked my online banking and both amounts have been taken out my bank by Mtgox......
I wonder why they took both amounts without informing me after both amounts bouncing back? I wonder if I'll get my BTC's or I'll end up with a few hundred quid floating around in cyber space until they sort their shit out?
Bit of an odd one - not sure if I'm pleased or pissed off. I guess I'll find out over the next few days!
Regards,
J
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Bill,
You mean 18 hours to show in your blockchain account yeah? I transferred £110 as a tester via pingit last night and it still isn't showing. If yours took this long that makes me feel better!! Just checked with Barclays and they say it was sent to Qkos services ltd and have just sent a message to blockchain...
Will keep people posted...
Yeah you're right, it was roughly 18 hours from the confirmation on Pingit, to receiving the funds in my online wallet, as BTC.
Is there any way to use pingit from your PC without using the smartphone app?
I don't think so... It's the 21st Century. Welcome to the kids wanting everything in their hands!
When you say they have stopped UK cash deposits, you mean a direct walk in bank deposit? It doesnt effect a UK bank transaction into the Mtgox barclays account does it?
Good question. To be totally honest, I wouldn't risk it. What I've heard is that Intersango and MTGOX are both having/ had problems with taking UK, GBP deposits. To my mind, this means online, walk-in, whatever, I'd rather not risk it, especially not with the amounts I purchase in one go!
And Japan1980... I wouldn't worry. It's currently the weekend. The funds may have been taken out of your current a/c, but MTGOX will likely be returning them (with the difficulty being it's currently the weekend). I'd say if funds aren't in your current a/c by Wednesday, then that's reason to have concern. Good luck
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@Japan1980 MtGox has a lot of my money too that I transferred to them a few days before they announced they are no longer accepting deposits to their UK bank account. I am worried it's lost because it's been well over a week since it left my account, and they stopped responding to my email/support desk questions last week. I can only hope I get it back eventually but so far it's really not looking good. Please let me know if you get yours back. I am definitely quite annoyed at them, the least they could do is give some kind of explanation as to why they're not giving it back, or when they might be able to do so. Very unprofessional for such a service, if you ask me. I had a similar thing occur with a different ecurrency exchanger years ago and they kept me posted and reassured, and I got my money back when they promised.
@optical1 They're no longer accepting UK bank transfers, meaning that if you want to send them money from a UK bank account you have to send it to one of their international accounts which costs a lot more than it did to send to their former UK account.
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I'm giving this a go, just waiting for my REF to show up.
I presume everyone sends the coins from Blockchain to SR using the anonymous feature? It costs 1.5% but IMO that's worth it..
(Use Send Anonymously to guarantee the transaction cannot be traced between sender and receiver).
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Just had an email from blockchain support and they admitted there's a software problem on integration between pingit and blockchain. They said though the majority of transactions are going through ok there are three other people in the same boat as me. They said the owner is back on the 5th and asked me to be patient till then. To be honest i'll be royally pissed off if they think this is ok. If my money isn't there or returned in the morning then i'll take action
I really wanted to order something tomorrow and won't get paid till friday so it will leave me without :-\
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Have just set up the pingit service with barclays to my phone. The only process i had to do to verify who i was was go to an atm with my card, and follow the prompts for the pingit service. Fairly easy really. Anyway iv set up the blockchain account, gonna purchase a few bitcoins tomorrow during bank hours to avoid delays. Looks promising however and pretty much as convenient as mtgox once its all set up as long as you dont need high purchases which is an obvious problem with the £250 limit.
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I did the 1p bank transfer on the 28th and it's still just showing up on my online statement as 'NO REF' - seems to be taking a while... GRRRR
How long did it take most people to get past this bit?
Regards,
J
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I did the 1p bank transfer on the 28th and it's still just showing up on my online statement as 'NO REF' - seems to be taking a while... GRRRR
How long did it take most people to get past this bit?
Regards,
J
I realize now that where my problem lay.
I failed to verify leading to Barclay's asking me to go into one of the branch's with proof of address and photographic ID which I obviously wasn't keen on.
I entered the 6 digit number following the word Pingit on the statement.
The initial 1p deposit was made of the 26th and still states "NO REF" but this may be due to me incorrectly entering the verification code.
Keep me posted as to when you get you reference.
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Blockchain take ages to verify the transfers (10 mins my arse), aside from that everything is instant for me. If you have a rooted phone it's easy to hide this (app on play store).
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I did the 1p bank transfer on the 28th and it's still just showing up on my online statement as 'NO REF' - seems to be taking a while... GRRRR
How long did it take most people to get past this bit?
Regards,
J
I realize now that where my problem lay.
I failed to verify leading to Barclay's asking me to go into one of the branch's with proof of address and photographic ID which I obviously wasn't keen on.
I entered the 6 digit number following the word Pingit on the statement.
The initial 1p deposit was made of the 26th and still states "NO REF" but this may be due to me incorrectly entering the verification code.
Keep me posted as to when you get you reference.
i havnt got a barclays account but im in the process of sorting pingit,requested penny payment on friday which had NO REF as well,only this morning i got a new statement online which had the verifying code so you guys might have to wait a day or two...unfortuntitly iv hit another road block,its telling me to "remove account limits" i have to go to a branch and show proof of address and ID anyone else come across this?or know if i have to do it?every time i log in the same page comes up saying this.
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This whole Pingit thing is starting to sound a bit fucking dodgy in terms of personal security - I'm seriously having second thoughts about it.
It seemed to good to be true at first, and by the sound of what people are saying, this may well be the case.
One way or another us UK SR users need to stick together to find a quick solution to this BTC drought - I need my drugs, and all this fucking about is getting right on my tits 8)
Cheers,
J
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This whole Pingit thing is starting to sound a bit fucking dodgy in terms of personal security - I'm seriously having second thoughts about it.
It seemed to good to be true at first, and by the sound of what people are saying, this may well be the case.
One way or another us UK SR users need to stick together to find a quick solution to this BTC drought - I need my drugs, and all this fucking about is getting right on my tits 8)
Cheers,
J
mate you've jus said what ive been thinking..there has to be an easier way which doesn't rob you for their time...im jus not up for waving my details about in a bank for something that's only going to be used for btc
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Think it's blown out of proportion personally.
The purchase of Bitcoins is a legal act.
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^ This
I seem to be the only person who hasnt had problems verifying myself on the ping it service. I was given options on the phone app, one of which was visit my nearest barclays atm and quote a code showing on the app and my phone number. Easy really. If i was asked to show photographic proof i would of still gone ahead, its a service to your bank account. Its not solely for bitcoins...
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Ok so I entered the REF and it's asked me to hand over some ID, to be fair I won't be using this app just for bitcoins, it seems pretty useful for other things so I'm going to go ahead and do it I think.
When I send over the bitcoins I'll use the anonymous service though and send it to bitoinfog before I send them to SR.
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What the fuck is this? For the record, this is a horrible idea.
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What the fuck is this? For the record, this is a horrible idea.
If LE would start going after every single individual that buys BTC I think they will eventually run out of funds and just cancel the Police.
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What the fuck is this? For the record, this is a horrible idea.
If LE would start going after every single individual that buys BTC I think they will eventually run out of funds and just cancel the Police.
If you want to volunteer to be cannon fodder in the upcoming LE operations against SR, be my guest, it's a free country. I ain't going to tell you what to do.
I don't care if B$ is legal or not, that is such a crock of shit. It misunderstands the difference between intelligence gathering and evidence gathering. It is not a coincidence that posters with single/double digit post counts come out with these ideas. Once you lose your anonymity you never get it get again. Because the banks will share all their information with LE the minute it's asked for. No legal request will be made, they will just hand it straight over. If you think your bank is going to defend your privacy you've completely lost it. That is not how this works. It has never worked that way. They need proof of fuck all in order to obtain your records and analyze them. It doesn't matter what the law says (though what I've described isn't remotely illegal). You should all be aware that in general intelligence is commonly by LE agents used to gather leads and then results are retroactively established as credible by using non existent confidential informants. 2 factor Bitcoin Anonymity is the way to go, using OTC ideally. At least put your bitcoins through a mixer if you use this method and use a different address to the one you gave your bank.
Avoid the major exchanges, use OTC instead. Any exchanges domiciled outside of the US, UK, Australia et al could potentially also be good sources for a small while (e.g. BitStamp in Slovenia). You have sites like local bitcoin, bitcoin-otc and trade bitcoin. It's not really any more expensive and it's much more anonymous. You have to have your wits about you to avoid being scammed, but it's still worth it.
Or you can just use this service and give:
A: your real life address with which you're receiving packages of illegal drugs.
B: your real time location because they have your mobile number.
Sooner or later bitcoin will be criminalized and then you'll have to implement the strategies I've described or you won't get any product.
Why people think they have to obtain bitcoins within their own country I cannot comprehend.
I am seriously struggling to be polite here. Call me arrogant, I don't give a fuck. I've given solutions to the problem and explained what's wrong with this idea. You've given the bank your mobile number and your bank account. They know your identity. Your identity is associated with the purchase of bitcoins. Now you will be under suspicion for buying illegal contraband, so it is as simple as picking up the phone at the end of each day and giving a list to the postal inspectors of red flagged addresses to thoroughly search arriving packages for. Just 3 people need to cooperate to whack you. The LE agent, the bank manager and the postal inspector.
This is how it seems to me. It seems to me you're going to drastic lengths to go and fuck yourself. I cannot be any more clear than that. There is no way it's easier use this method anonymously than using OTC.
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What the fuck is this? For the record, this is a horrible idea.
If LE would start going after every single individual that buys BTC I think they will eventually run out of funds and just cancel the Police.
If you want to volunteer to be cannon fodder in the upcoming LE operations against SR, be my guest, it's a free country. I ain't going to tell you what to do.
I don't care if B$ is legal or not, that is such a crock of shit. It misunderstands the difference between intelligence gathering and evidence gathering. It is not a coincidence that posters with single/double digit post counts come out with these ideas. Once you lose your anonymity you never get it get again. Because the banks will share all their information with LE the minute it's asked for. No legal request will be made, they will just hand it straight over. If you think your bank is going to defend your privacy you've completely lost it. That is not how this works. It has never worked that way. They need proof of fuck all in order to obtain your records and analyze them. It doesn't matter what the law says (though what I've described isn't remotely illegal). You should all be aware that in general intelligence is commonly by LE agents used to gather leads and then results are retroactively established as credible by using non existent confidential informants. 2 factor Bitcoin Anonymity is the way to go, using OTC ideally. At least put your bitcoins through a mixer if you use this method and use a different address to the one you gave your bank.
Avoid the major exchanges, use OTC instead. Any exchanges domiciled outside of the US, UK, Australia et al could potentially also be good sources for a small while (e.g. BitStamp in Slovenia). You have sites like local bitcoin, bitcoin-otc and trade bitcoin. It's not really any more expensive and it's much more anonymous. You have to have your wits about you to avoid being scammed, but it's still worth it.
Or you can just use this service and give:
A: your real life address with which you're receiving packages of illegal drugs.
B: your real time location because they have your mobile number.
Sooner or later bitcoin will be criminalized and then you'll have to implement the strategies I've described or you won't get any product.
Why people think they have to obtain bitcoins within their own country I cannot comprehend.
I am seriously struggling to be polite here. Call me arrogant, I don't give a fuck. I've given solutions to the problem and explained what's wrong with this idea. You've given the bank your mobile number and your bank account. They know your identity. Your identity is associated with the purchase of bitcoins. Now you will be under suspicion for buying illegal contraband, so it is as simple as picking up the phone at the end of each day and giving a list to the postal inspectors of red flagged addresses to thoroughly search arriving packages for. Just 3 people need to cooperate to whack you. The LE agent, the bank manager and the postal inspector.
This is how it seems to me. It seems to me you're going to drastic lengths to go and fuck yourself. I cannot be any more clear than that. There is no way it's easier use this method anonymously than using OTC.
Ok, it makes sense...I would +1 if I could...I'm gonna try to use OTC from now onwards. Hopefully I'm not gonna get scammed.
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Ok, it makes sense...I would +1 if I could...I'm gonna try to use OTC from now onwards. Hopefully I'm not gonna get scammed.
Pine is pleased you see the light. Have a +karma.
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Think it's blown out of proportion personally.
The purchase of Bitcoins is a legal act.
Driving a rainbow colored truck with the license plate number 123456789 is a legal act but it isn't going to prevent driving it from getting you busted when you use it to hold up a bank and a bunch of eyewitnesses see you driving off in it.