Silk Road forums

Discussion => Security => Topic started by: charlie12 on December 15, 2011, 01:03 pm

Title: Help... MtGox
Post by: charlie12 on December 15, 2011, 01:03 pm
I know this has probably been answered a few times on here, but i cant be fucked looking, so here goes:

As usual for me, I've just rushed into buying some Bits (with no research) from MtGox ($300) by lodging some cash into their Japanese bank account.

Have I just made the biggest mistake ever or is it all good and I'll have some bits to play with in a couple of days??

If I don't get knocked for my $300, then how the fuck do I get the Bits over to Silky from MtGox so I can purchase some mighty fine Peruvian flake??

Last question.. Am I totally fucking bonkers sending some random company my cash and then sending it to some American cokehead who will sniff my $$ in a night and send me fuck all??

Thanking you in advance for your replies/reassurance and may all your illegal endeavours go well!!

Over & Out.


Title: Re: Help... MtGox
Post by: dictio on December 15, 2011, 02:51 pm
mtgox is reputable. Download the bitcoin client and send the coins there. The file created on your computer called wallet.dat IS your money do not lose it.

When you're ready to buy shit on SR send it from your wallet (using the bitcoin client)  to the SR wallet address provided on your account. Each of these "Sends" can take anywhere from 40 minutes to longer. Usually less than an hour.

Only buy from sellers with lots of transactions. Try to stay in escrow if at all possible--ie don't finalize early unless you really want to risk not getting your drugs.

Title: Re: Help... MtGox
Post by: IndYGogIRL23498 on December 15, 2011, 03:28 pm
RUshing does not go with MT.Gox :D
No worries, ur cash is safe with them but it takes some time, even SEPA in Europe takes 5-6days.
And dont forget ur withdrawing limit.
MtGox is the best choice if u want to get as much BTC as possible for ur $, but it is also the slowest.

Title: Re: Help... MtGox
Post by: Variety Jones on December 15, 2011, 06:58 pm
If you haven't already, download and install that bitcoin client dictio posted the link for, pronto.

You need an up to date blockchain before you can process transactions, and that fucker can take a day to get caught up. Oh, it whips through the first 70k or so in nothing flat, but that's where it tricks you, and takes as long again to get to 100k, and justs drags from there until you finally get the 157k+ blocks needed to have an up to date blockchain.

Seriously, get that shit running now.
Title: Re: Help... MtGox
Post by: Volk21 on December 16, 2011, 10:58 am
Wait, what is the client needed for? I've bought BTC numerous times, MtGox normally but britcoin/intersango if I'm in a hurry, I always just transfer them from there straight to my wallet on SR.
Title: Re: Help... MtGox
Post by: IndYGogIRL23498 on December 16, 2011, 12:46 pm
in that case u dont need a BTC client, but it might get traced that way... dunno