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Discussion => Security => Topic started by: g4860302 on January 13, 2013, 10:37 pm

Title: Best way to buy a very large amount of bitcoins?
Post by: g4860302 on January 13, 2013, 10:37 pm
I'm wanting to make a big purchase on SR, like $6,000. I'm experienced with buying on SR and buying bitcoins. How I usually get bitcoins is through wm-center.com, using Moneygram or Western Union with a fake name for payment. But I'm a little scared to do that with that much money at one time. I know they would ask for ID, but I have a fake ID with a fake name on it for stuff like this. What other ways would be safe when buying that much bitcoin?
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: echo_ on January 13, 2013, 10:42 pm
I recommend finding an actual bitcoin miner through local-bitcoins.com and doing the transaction in cash.

There are more standard ways.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: weedmylips on January 13, 2013, 11:00 pm
3 words: Blue Sky Traders

You go to bank of america and deposit the money, you show no ID. All you have to do is fill out and out-of-state deposit slip and that's it.

Get your coins in about an hour
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: g4860302 on January 15, 2013, 02:32 am
3 words: Blue Sky Traders

You go to bank of america and deposit the money, you show no ID. All you have to do is fill out and out-of-state deposit slip and that's it.

Get your coins in about an hour

I havent heard of them before. They look promising. Have you used them before?
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: Stonedstupor on January 15, 2013, 02:42 am
what if there isn't a bank of america within 100 miles? are there any vendors that use a different bank, hopefully one like wells fargo or something?

i'm experiencing same difficulty, wal-mart moneygram limits to 500 per transaction, 1k in a day. i need more than that, my usual guy had a limit of 2k because it was a personal bank account, but thats not an option anymore, not on my part.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: zeke on January 15, 2013, 02:51 am
What about bitinstanst?  You're limited to $2,000 per day, and $1,000 per bank deposit.  But couldn't you do 2 separate bank deposits for $1,000.  It would take 3 days if all went as planned.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: Stonedstupor on January 15, 2013, 03:27 am
well my last guy would let me deposit cash straight into his bank account and i'd come home and tell him my address and amount deposited and i'd have my coins within the hour. Cant do it anymore cuz its a personal account not a business account. Trying to avoid the 4% fee two separate times. 8% on 2000 is rough  :'(
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: jnuraqjy on January 15, 2013, 05:48 am
well my last guy would let me deposit cash straight into his bank account and i'd come home and tell him my address and amount deposited and i'd have my coins within the hour. Cant do it anymore cuz its a personal account not a business account. Trying to avoid the 4% fee two separate times. 8% on 2000 is rough  :'(

It would be (.04*1000)+(.04*1000), not (.08*2000)
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: Killerherts on January 15, 2013, 06:20 am
4% is not bad really best u can hope for over otc is 3% why use money gram instant paper trail walmart all of them make u show id and your typically on camera the whole time  maybe im just crazy parinoid
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: Stonedstupor on January 15, 2013, 07:12 am
walmart never asks for ID on moneygram.. but still 500 max transaction which means driving to 4 different locations, often separated pretty far apart where i'm at, and paying close to 100$ in fees on 2k. when you can go to one place one tranaction one fee
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: astor on January 15, 2013, 07:33 am
Your best bet to stay under the radar is to do this in multiple small transactions across several exchangers. It's not a question of BitInstant vs Blue Sky Traders vs whatever. Use all of them.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: eskimoplea7 on January 15, 2013, 08:01 am
what is the address for Blue Sky Traders?
and is it true they dont change any kind of fee?
WHY have i been using bitinstant all this time with their restrictions and 4% fee
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: scout on January 15, 2013, 08:07 am
Blue Sky Traders has a fee, but they don't call it a fee.  The amount of the fee depends on the amount of coins you buy.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: thelorax on January 15, 2013, 08:20 am
THERE IS
a vender who uses Wells Fargo but i cant find him.. sucks.. i saw him the other week and almost used him


go to BTCmaster when he comes back

HES THE TRUTH...

http://silkroadvb5piz3r.onion/silkroad/user/7bdda04d8b
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: peeweed on January 15, 2013, 01:48 pm
what if there isn't a bank of america within 100 miles? are there any vendors that use a different bank, hopefully one like wells fargo or something?

i'm experiencing same difficulty, wal-mart moneygram limits to 500 per transaction, 1k in a day. i need more than that, my usual guy had a limit of 2k because it was a personal bank account, but thats not an option anymore, not on my part.

Bitcopia.com - They use Welle Fargo bank deposit/bill pay.  They charge ~5%, they straight up tell you price per BTC that includes the fee.  You can refresh to get current market price + %.  You do have to deposit within 1 hour...

I am pretty sure most sites have AML rules that will require breaking up the purchase, so you may as well use multiple services or just multiple transactions.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: midas on January 15, 2013, 02:01 pm
What about using mtgox or any other big exchange legitimately and sending them to blockchain mixer? You'll buy at market price and pay only 1.5% to use the mixer. For transactions below ten grant seems okay. Just ask some "clean" friend to open it.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: g4860302 on January 15, 2013, 05:27 pm
The address for Blue Sky Traders is - http://ok2yri46aaptiu2d.onion.to/index.htm

So far I really like BST, they said they can handle that big of a transaction and they seem reliable. I also was interested in BTCmaster. I have heard of him before from a couple places but don't know much about him. I'll have to research more.

I also like the idea of using several different traders. a few $2,000 deposits will at least look better than one $6,000 deposit, I would think.
Title: Re: Best way to buy a very large amount of bitcoins?
Post by: thelorax on January 15, 2013, 06:18 pm
Bitcopia.com charges 5%??

wtf wouldnt it be better to just use bitinstant?

the charge 3.99%

i always use bitinstant cuz i know its safe and i know how to do it right.. i simply use two different bitcoin address's AND then i make to seperate bitinstant
request for 500 each..

then do them at one location then move on to walmart or cvs and do the same untill i have all the money.. it sucks with the fees.. but fuck its better then getting robbed