Silk Road forums
Discussion => Security => Topic started by: Caparino on April 07, 2012, 10:52 am
-
It seems rather fishy to me... anyone else get this recently or just me?
-
It seems rather fishy to me... anyone else get this recently or just me?
try to avoid Dwolla and Mt.Gox there just to easy to trace? seems like just asking to get a visit from the feds....plus they hold your info for 5 years. now who need that!
-
Dwolla is just a simple ACH middle man.
You ACH to their bank account, they hold it, and then pretend to transfer to another user in their internal system.
They keep holding the funds in a centralized account and whenever that other user wants to cash out they ACH the money to him.
Any fool can set up their own Dwolla. The guy who invented it is some tool from Iowa who is getting sued galore right now for basically being a complete asshat and ninja editing their Terms of Service after all the fraudsters discovered how easy it is to use. I bet they disappear soon.
Because it's based on banks using methods anybody can fraud you need ID. This is quite normal.
Cash deposit using bitinstant probably way to go. Sure it costs an extra 5% but is generally anonymous. Better if you find somebody local on bitcointalk forums and just give them cash in hand to get bitcoins there are enough users now to do this in every major city
-
Dwolla is just a simple ACH middle man.
You ACH to their bank account, they hold it, and then pretend to transfer to another user in their internal system.
They keep holding the funds in a centralized account and whenever that other user wants to cash out they ACH the money to him.
Any fool can set up their own Dwolla. The guy who invented it is some tool from Iowa who is getting sued galore right now for basically being a complete asshat and ninja editing their Terms of Service after all the fraudsters discovered how easy it is to use. I bet they disappear soon.
Because it's based on banks using methods anybody can fraud you need ID. This is quite normal.
Cash deposit using bitinstant probably way to go. Sure it costs an extra 5% but is generally anonymous. Better if you find somebody local on bitcointalk forums and just give them cash in hand to get bitcoins there are enough users now to do this in every major city
Is it just me or is it down right now?
-
Is it just me or is bitinstant down?
-
There's no harm in using your real identification and information on Dwolla or MtGox given you have a legitimate legal reason for buying bitcoins ( buying them for other people and keeping a % profit like all bitcoin suppliers do )
-
There's no harm in using your real identification and information on Dwolla or MtGox given you have a legitimate legal reason for buying bitcoins ( buying them for other people and keeping a % profit like all bitcoin suppliers do )
Look at the website you're on. How many people do you think have legitimate reasons for buying bitcoins?
-
Is it just me or is bitinstant down?
Im thinking its down and it looks as if Mnt. Gox isnt accepting Chase bank transfers either.
-
What id did they require? I recently signed up for a Dwolla account as an alternative to Paypal and they didn't require any from me.
-
Yes indeed, I buy Bitcoins on MtGox using my own bank account, and redeem USD codes and transfer them doing the same. There are perfectly legal reasons to use Bitcoin!
V.
There's no harm in using your real identification and information on Dwolla or MtGox given you have a legitimate legal reason for buying bitcoins ( buying them for other people and keeping a % profit like all bitcoin suppliers do )