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A Step-by-Step Guide to Creating an Anonymous Wallet for Covert Practices
A Step-by-Step Guide to Creating an Anonymous Wallet for Covert Practices With the recent Bitcoin “bubble” fiasco and the subsequent rise and fall of Bitcoin value, it seems that this subreddit has become obsessed with making money. But get-rich-quick schemes are not at the heart of Bitcoin. Instead BTC should be seen as a way to keep Big Governments and Big Businesses from knowing how much money you have and what you choose to spend that money on. As a currency, it doesn't matter how much the value fluctuates if you plan on spending your wealth on sites like the Silk Road and etc. (OK, maybe it does matter a little bit if the money you spent yesterday is worth twice as much today; but this guide is for spenders, not hoarders. Or at least for hoarders who also like to spend.) Let's discuss my favorite attribute of the Bitcoin protocol: anonymity. Many noobs getting into the Bitcoin game fail to realize that anonymity is an important key to understanding the importance of Bitcoin. In places where your wealth can easily be taking away from you (see Cyprus, Russia, China, the USA and others), Bitcoin can function like a store of cash buried in a dessert in the middle of nowhere – buried so deep that nobody can find it, not even the most powerful men and women on Earth. POINT:If you are purchasing your Bitcoins through services like Coinbase or Mt. Gox, and if you've ever given your real name and bank account information to a Bitcoin Exchange, then you are NOT anonymous. Your Bitcoins can be traced back to you. Your purchases are recorded in the blockchain, and although it's difficult, it's certainly not impossible for those with the knowhow to find you and prosecute you. See this link before continuing. Bitcoin is not inherently anonymous. You must take steps to protect yourself in order to keep your identity a secret. And even still, if you don't know what you are doing, you run the risk of being caught. So if you care about hiding yourself and your money, I offer this guide as a way to accomplish secret purchases and covert trades. Of course I cannot guarantee you won't end up in jail. At the end of the day, nobody knows how closely governments are tracking BTC purchases over the TOR network. Some people even believe that the TOR network was created by nefarious forces. I doubt it, but you never really know. STEP ONE: Anonymous Hardware Because you cannot really know whether or not you are being watched, your first step in creating an anonymous wallet is to protect yourself by buying a cheap laptop computer and removing the hard-drive. Really, who needs a hard-drive anyway? Toss it in the garbage. STEP TWO: Anonymous Software If you don't know how to download a Linux LiveCD, then stop reading now. You are probably not skilled enough to protect yourself anyway. If you don't know how to download a Linux LiveCD, then proceed with extreme caution; downloading an ISO file and burning it to a DVD is pretty damned easy. Easier than anonymity. Those who refuse to learn are at risk. It's arguable which software you should use, but I recommend connecting to the TOR network using TAILS, a live DVD or live USB that aims at preserving your privacy and anonymity. TAILS helps you to use the Internet anonymously, leave no trace on the computer you're using, and to use state-of-the-art cryptographic tools to encrypt your files, email and instant messaging. ProTip: For an extra layer of protection, download the ISO from your local library's computer. Or while you're sipping a mocha at Starbuck's. Then burn it to a DVD and take it home. Place it in your crap computer (the one without a hard-drive) and turn it on. Enter the BIOS menu and boot from CD if your computer doesn't do it automatically. DO NOT CONNECT TO THE NETWORK FROM YOUR HOME. I repeat, for an extra layer of security, DO NOT CONNECT TO YOUR HOME WIFI USING TAILS IF YOU WANT TO DO SHADY THINGS. That's just common sense. TAILS itself isn't illegal. But if you're the type to do shady things, you don't want to practice on your home Wifi, which you probably pay for with a bank account or credit card. After you've spent a day or two using TAILS and familiarizing yourself with the LinuxOS, and once you feel comfortable enough to continue, then head back to your local Starbucks, boot up the LiveCD, and connect. Browse the TOR network and triple-check that you are protected. You can do this by checking your IP address for DNS LEAKS. Only if you feel comfortably hidden from prying eyes will you want to continue. STEP THREE: Creating an Anonymous Wallet There are several different ways to to this, but the easiest way is to use the code at bitadress.org. Thanks to SpenserHanson for creating this thread which describes the process in detail:
Save bitaddress.org.html to your computer
Disable computer Wi-Fi.
Open bitaddress.org.html in browser.
Generate an address and record the private keys.
Close the browser window.
Go home. Think about what you are about to do.
STEP FOUR: Funding the Anonymous Wallet Funding your wallet will be the most difficult part of this process. Obviously you don't want to go to a site like Coinbase or Mt. Gox and link up you bank account, then start sending coins to your anonymous address. That would be stupid. Very stupid. Probably the best way to get coins is to know someone who is willing to send you a few, but even then you lead a trail back to your friend. My suggestion is to make cash deposits through ZipZap or Bitinstant, and give them false information (for example, use the new email you created, over the TOR network, from a site like Hotmail or Yahoo, which doesn't require a phone number to sign up – I'm looking at you Gmail. Make sure your new account forwards your email to yet another account, perhaps Tormail or a temp address. You probably won't need to use the email more than once anyway, for confirmation, if you need it. And you might want to create a new address with every deposit, just to be safe). There are other options of course. Some companies will sell you Bitcoins anonymously through Bank of America cash deposits. But remember that the moment you walk into a Big Bank and give them money, you are caught on camera. Maybe offer a homeless man some money to make the deposit for you. And hope he doesn't just pocket your money. Regardless, you want to stay away from Big Banks if you can. It really isn't that hard. If you absolutely must make deposits from your bank account, you could send your coins to an anonymous online wallet first and then to cold storage, but make sure to use several mixing services over a period of several days. And then have trouble sleeping at night. Another great idea is to use the localbitcoins website; meet with a seller locally; pay cash and GTFO. STEP FOUR: Spending from the Anonymous Wallet If you are looking to CASH OUT, there aren't many anonymous options besides meeting with somebody and selling face to face. You could always sign up for your own account at localbitcoins, then hope a buyer contacts you. But this guide isn't about making money, it's about spending your coins. To buy things, you'll want to go to back to the library, connect through TAILS, download a lite client like Electrum and access your account. Every time you want to spend, you will have to re-download, but it should not take more than a few minutes. And though you are probably safe enough to spend directly from the client, if you really want to be safe you should send the funds to a second wallet though a mixing service, then to a third or fourth or fifth wallet, also through mixing services. These “Mixing Wallets” should NOT be created using the TOR network because the TOR exit node may be monitored. I've never had a problem myself, but it's theoretically possible that an attacker could record the password/private keys for the hosted wallet and steal your coins. Which is why you should NEVER USE THE SAME ACCOUNT TWICE. And never access your cold storage wallet through the net. That would be very very bad. To created the mixing wallets you will also need a way to hide your identify without using TOR. The best way to do this is to sign up for a VPN service though a public WiFi hotspot and then pay in Bitcoin. The best service I have found is called Private Internet Access. You can access their service through a public computer, connect to the VPN, and voila, you now can safely create mixing wallets without exposing your password to the open network. Make sure that after you mix the coins you send them all to a safe, final address, which will be your Spending Wallet. Remaining anonymous will cost your some time and money. With each transaction you're going to have to pay for mixing, and also the transaction fee. And setting up a new email and a new account with every transaction (so that you can spread the coins across multiple fake accounts) will be bothersome but worth it in the long run. You can't put a price on piece of mind when it comes to your safety. REMEMBER Your Spending Wallet should not contain all of your funds. The bulk of your coins should be address you created using bitaddress. Never trust an online service to hold the bulk of your funds. The recent hacks have shown that the best place to store your private key is in your head. Final Notes: The Bitcoin protocol itself is not anonymous. And theoretically it's possible to trace every transaction back to you. This is why you need to use fake emails, many multiple addresses, and a VPN service with heavy encryption. Even with the knowledge and the technology to map the blockchain, the FEDS will have a hell of a time tracking multiple address though VPN tunneling back to a cold storage wallet that you created offline and only use to send coins over TOR. There are just too many roadblocks. Of course nothing is impossible. But I sleep very good at night knowing that my door is not going to be kicked in by the Men in Black. And even if you're not doing anything illegal, this sort of behavior is certainly suspicious. If you were lucky enough to receive a tip from Reddit's own bitcoinbillionaire (I myself was not) and you haven't cashed out. Create a VPN-tunneled throwaway account and tip yourself before claiming your coins. Then send them through a mixing service and to your cold storage address. Now you're on your way to being an anonymous spender. I hope this guide helps. I really do. The purpose of Bitcoin isn't to make money. It's to protect the money that you already have, and to protect your identity in places where your identity is compromised. Everybody in the world wants your money, especially the richest of the rich. You ought to do everything you can to keep yourself safe. Especially if you live in a compromised geography. TL;DR: Go directly to jail. Do not pass Go. Do not collect $200. EDIT: Some typos.
My horrible BitInstant/ZipZap/MoneyGram/7-Eleven experience
Here's my experience using BitInstant to get a VouchX code at 1:00am. TL;DR: Undisclosed fees; lots of personal details; what should have taken 5 minutes took 45; apathetic 7-Eleven clerk couldn't take ownership of issues with his company's own shitty kiosk; BitInstant sends me the money in a form not quite as insecure as banknotes taped to a postcard. It was a late Thursday night, dipping into early Friday. BitMe had a low bid price for BTC. With BitMe, I'd usually deposit at a Chase branch, but I expected the price to rise too much by the time I could make it to a branch and the BitMe guy could confirm my deposit. I anticipated a lot of people putting their Friday paychecks into Bitcoin, so I was in a rush to buy. For this reason, I decided to pay the premium of BitInstant. The first disappointment with BitInstant was that in order to deposit at a MoneyGram terminal, I'd have to pay an additional $3.95 to another middleman called "ZipZap." The BitInstant site doesn't mention this extra fee on the main page, where the 3.99% commission amount is quoted. The earliest point in time that I could learn the amount of the $3.95 extra fee was after I filled in order information (including my name and date of birth) on BitInstant, was taken to ZipZap, filled in my phone number, selected a MoneyGram location, and then finally downloaded the payment slip. ZipZap sent me an e-mail, but their mail servers weren't configured correctly, so I never got it. My e-mail server logs show:
Mar 8 03:20:16 ophelia postfix/smtpd: connect from smtp.zipzapinc.com[184.108.40.206] Mar 8 03:20:16 ophelia postfix/smtpd: NOQUEUE: reject: RCPT from ... smtp.zipzapinc.com[220.127.116.11]: 504 5.5.2 : ... Helo command rejected: need fully-qualified hostname; from= ... to= proto=ESMTP helo= Mar 8 03:20:16 ophelia postfix/smtpd: disconnect from smtp.zipzapinc.com[18.104.22.168]
ZipZap's web page says something to the effect of "anonymous payment." Later, at the MoneyGram location, I had to provide my name, phone number, and mailing address. (The address was never needed by BitInstant or ZipZap.) I chose 7-Eleven store #18256 at 924 E. Empire Ave., Spokane, WA 99207 as the MoneyGram location, because 7-Eleven was the only local chain of MoneyGram locations open at that hour. Their MoneyGram solution was a Vcom kiosk. These multifunction kiosks, in addition to providing ATM and check services also act as MoneyGram terminals. The first irk in the process was that the machine asked me to call a certain phone number for MoneyGram customer service, and no courtesy phone was provided on the machine. The store clerk didn't have a phone for me to use either. I wasted $1.26 on a 7 minute phone call from my by-the-minute phone (with plans optimized for texting, not voice). In 7 minutes, my name, address, phone number, "receive code" (a unique code for ZipZap), and payment amount was taken; it could have taken me no longer than 2 minutes for me to carefully enter and double-check this information on the terminal itself. I understand there is a market for customer service that delivers warm fuzzies, but this wasted my time and money and subjected me to a guy not from my continent who was difficult to hear over the connection. Now it was time to deposit the money. The machine instructed me to insert one bill at a time, so I did. I was paying $385 in 20 banknotes. The machine would accept one banknote, give a message "not enough cash inserted," wait about 15 seconds, then show me the balance of how much money remains to be inserted. Well, of course not enough money was inserted, I don't have a $385 banknote and you told me to insert one at a time! I counted later to find that the machine processes banknotes at a rate of once every 20 seconds, so I spent over six minutes hand-feeding money into this machine, in front of a bored clerk at a slow 7-Eleven. I felt really bad for that guy, since he had store work to do and pretty much had to babysit me to make sure I wasn't going to walk off with anything. Finally, the last note! Okay, it's doing .. something, and ... "this transaction could not be completed at this time." [Paraphrased, but no specific reason was given.] The machine then took a couple minutes to return my money, this time in the form of 16 banknotes. At least all my money was accounted for, but what gives? The clerk tried to convince me that the machine doesn't work, and suggested I try calling whoever I'm trying to pay at 8:00am, start of business. I explained to him that this payment is time sensitive, that's why I'm doing this in the middle of the night. Finally, it dawned on me that I never gave my "account number," a unique identifying code for the ZipZap transaction, to the MoneyGram phone agent. But he did ask for my phone number twice! I must have misheard him. Drat. I let the clerk know what my mistake was, but he tried his hardest to convince me that the machine didn't work as intended and suggested I try another 7-Eleven that was about an hour and a half on foot for me. I declined and told him I'd use the payphone to reach MoneyGram this time. Back from another 5-10 call, I come into the store to find a note taped over the machine's screen, "out of order." The clerk is at this point telling me with matter-of-fact authority in his voice that the machine won't do what I want, and that it's out of service for everything but ATM and MoneyGram transactions. (Even after I tried several times to explain, he wouldn't accept that I was in fact trying to do a MoneyGram transaction.) Even though I explained to him that this is a time-sensitive payment--that is why I'm up at 2:00 in the morning taking care of this business--and it will be a 45 minute walk home for nothing, he insists that I am not allowed to use the machine. He even explicitly told me that he has work to do and it's taken him too long keeping an eye on me. I plead with him and sympathize about how horribly slow these machines are, how it's not his fault, and finally get through to him to let me try one more time, the final persuasive argument being that the machine gave me my money in $100 notes this time, so it won't take so long. (I didn't let him know that only two notes were $100s, while the rest were in $20s and $1s, but it was still fewer notes.) He doesn't even have the courtesy to say "yes," "okay," "sure," or "just one more time;" he just peels off his because-I-can "out of order" sign off the machine and goes about his business without saying a word. Seriously? What's the point of this fancy self-serve kiosk if I need to call some guy in the Indian subcontinent to set up the transaction? How many millions of dollars were poured into the design, implementation, and rollout of these good-for-nothing machines that take ages to accept your cash? And then to have some apathetic, underpaid store clerk tell me he's got better things to do than take responsibility for how slowly his company's proprietary, fancy e-commerce kiosks work? Remember, he intentionally mislead me earlier by telling me another 7-Eleven store has a similar machine that might work, and (as it turns out) flat-out lied in telling me the machine is simply out of order. Oh, and I'm paying $3.95 to ZipZap for this, most of which probably goes to the MoneyGram commission. Wondering how many middle-men there were between my money and my Bitcoin, by the way? BitMe, AurumXchange (for VouchX), BitInstant, ZipZap, MoneyGram, CardTronics (current owners of the brilliant Vcom franchise of time-saving kiosks), and 7-Eleven. Holy wow, maybe $3.95 + 3.99% was a steal. All said, I spent about 45 minutes in that store. For what should have been 5 minutes worth of business. Beyond the pale. On the second attempt, my money went through, I got a receipt, and when I got home I got a neat code I could paste into BitMe to get some instant USD in there. But let's not forget the final blunder: BitInstant delivered a code worth $365 good-as-cash to me by regular, unencrypted e-mail. Stupid. Now I'm fighting bidding bots on BitMe.
upvotes for visibility would be greatly appreciated So out of desperation with not being able to create a Bitinstant account, I asked my friend if he could use his account to buy me bitcoins. (take into account this guy has been known for being sketchy in the past, but never to me and not in a long time) He agrees and I go over to his house with the money and he sets up my transaction and is going to go do the cash deposit himself, but I offer since it's my money. I have had multiple successful transactions in the past all that went through by the time I sat back down in the car. But it's been 3 days since I went to Wal-Mart and nothing. 0.0 BTC in my blockchain wallet. Now I have been in contact with this dude but the only thing he can tell me is that my transaction is listed as pending in his bitinstant account. He can't log into the email he used to see if there's a confirmation email because he forgot his info and can't recover it because the recovery email he used was one of those ones that expire after not using it for a certain amount of time. All his words. So at this point, I think it's fair that I be a little suspicious of theft (him putting in his wallet address instead of mine). I believe in innocent until proven guilty, so I'm not saying the guy did it, but it would be in the back of anybody's mind. Today I say we should meet up. That I hate to be such a hassle but $285 of mine is just floating in cyber space and I want to get together so I can check everything out and figure out the best way to try and handle this (whether it be correcting anything we put in wrong or contacting support). He says that there's really no need to since the only info he can access is his bitinstant account and that my transaction is still marked as pending. Not wanting to let him know I'm suspicious (could come in handy, somehow. I don't know) I say alright. That I'll just wait it out and contact support if I feel I need to. So the main thing I want to know is if anyone is experiencing slow transaction times from Bitinstant at the moment. That would really put me at ease. But since I've had so many successful immediate transactions, and there's no talk of bitinstant being slow on forums, I feel like that can't be the case. Ultimately I know that if I can't prove he did it (hell. even if I can), I'm totally shit out of luck. It was the risk I took, and if he has my BTC, I'm not getting them back. I just wanted to know if anyone had any advice to give. My next move is going to be a long, well-worded, unoffensive message saying that I am suspicious. And that he could prove to me that everything is well, that would be greatly appreciated. Since he can access his bitinstant account, he would be able to show me which wallet he sent the money to, which is all I really need to turn my hate from him to bitinstant, and not feel like a complete ass.
[Step by Step Guide] How to buy up to $2,000 worth of Bitcoin in about 1 hour.
This method assumes you have $20 to $2,000 worth of USD in cash on hand that you want to convert to Bitcoin. This is the way that has worked best for me, maybe a better way though. Step 1: Go to https://www.bitinstant.com/ Step 2: Select the "Pay from" drop-down menu. Step 3: Select the store/business you want to go to to deposit your cash payment at (I have personally used both Walmart and Albertsons successfully multiple times). Step 4: Select the "Pay to" drop down menu. Step 5: Select "Bitcoin Address" option. Step 6: Open your Bitcoin Wallet. Step 7: Create a new "receiving" address. Step 8: "Right Click" on the newly created address. Step 9: Select "Copy Address" Step 10: "Paste" your receiving address to the form on the Bitinstant site. Step 11: (Assuming you want to transfer $2,000: Put in 496 for the "Amount (USD) to pay"; Note: the reason for selecting only 496 instead of 500 is because there is a ZipZap, Inc fee of $3.95 that is charged later, and if you try to do 4 payments of 500 each, it will actually only let 3 of them go through before it will say you have reached your limit and you'll have to wait a day. So basically to avoid any hiccups just do 496 for the amount. If all you want is, say, up to $1,500 deposited, then you can put in 500 for the amount no problem. This is just to get $2,000 a day in fast, I've found using 4 payments of 496 for the amount works the best. Step 12: Fill in your name, email, date of birth. (this is important to be correct because when you go to pay, your information better match or I would expect you would have problems. Step 13: Prove you are human, and hit the submit button. Step 14: Check over your quote and double check the information, when you agree, continue. Step 15: Enter your phone number and Zip code. (needs to be correct because it will be checked for a match when you go to pay later). Step 16: Search the map and find your Walmart or Albertsons, etc. whichever one you selected for where you are going to pay your deposit at from step 3. Click on their money-gram icon. Step 17: Verify that the payment location you selected is showing up correctly. Step 18: When you are finally ready to create your bill, click the button to create your payment slip. Step 19: Wait for it to automatically generate (might pop-up as a PDF) Step 20: Print out the payment slip this is the information you will need to bring with you in order to pay your bill. Step 21: You will notice that the final payment amount to pay is $499.95 (This is the amount of your bill that you need to pay). Repeat, starting at step 1 again in order to process up to 4 bills or $2,000 worth). Step 22: Go to the deposit location. Step 23: If Albertsons, there may be a red color Money-Gram telephone by the customer service area...pick up the phone...and just listen to the instructions very carefully and it will walk you through step by step. (the amount of your bill to pay is the full amount including the fee. The first time you go through the payment process they may verify your phone number, and information you have submitted on the forms from the previous steps). Eventually, it will tell you to go to the counter to make an express payment. Hang up the phone and go to the counter and they will pull up your transaction, and you pay them $499.95 for each bill. If Walmart, or no phone: Its basically the same thing, just without the phone: go to the customer service area and pick up an express payment money-gram slip and fill it out using the information on the payment slip you printed out. Step 24: Go back home and check your bitcoin wallet for incoming transactions...you should have your bitcoins within 10 minutes-couple hours depending how busy they are). I hope that helps some of you! Note that there is a 3.99% fee, plus the $3.95 fee. Some people may not like this, but this is at least a way to get started with some coins. The price could go up 15% if you wait a week to get coins from another method...time is money! Once you have your coins, its easier to get them into other exchanges and stuff if you want to start trading or whatever. If you feel this guide helped you please bump up the rating, so other people can figure out how to do these sort of transactions easier. The more people use Bitcoin and the easier they know how to get in, the better it is for all of us! I just want to help people get free. Don't forget to love your neighbor as yourself! God is love. Lets get free! :) 1DxQ6FAABJGbU1krTupo8e443bRSjJkAjq
A simple, comprehensive guide for those interested in quickly acquiring bitcoins
I've been following bitcoin for a few years. Investing in BTC has a learning curve, but hopefully this guide will help you. I'll try to keep it as simple as possible. And please, if you have any questions post them, the bitcoin community is very helpful and I'm sure someone will be able to help. One more thing before I get started, I'd like to remind everyone that bitcoin isn't a get rich quick scheme. Think of it as a way to eliminate the middle men of money, the people that get rich off of manipulating fiat currencies at the cost of the societies and the world. Believe in bitcoin, not just for personal gain, but for positive effect it could have on the world. Check out this guy's great post: http://www.reddit.com/Bitcoin/comments/1bhhjg/any_bitcoin_millionaires_here_on_reddit_if_so/c96rn3p This method uses 'Mt. Gox' in conjunction with 'Bitinstant' which are both trusted sites. Double check that the Mt. Gox site you use has the https:// in the address bar. Quickest method, using cash (you will own BTC in a few hours):
Go to 'Funding Options' on the left and choose 'Bitinstant'.
Copy the 'Exchange Account' number.
Click on the 'Bitinstant' link on the bottom of the page.
On the 'Bitinstant' page, there will be a drop down box where you can choose a location to make a cash deposit that will go into your Mt. Gox account. There are numerous places you can make cash deposits including: Walmart, CVS, Jewel/Osco, and Albertsons.
After choosing the location to make a cash deposit, fill out the rest of the Bitinstant page, including a test or two to prove you are a human.
Click next and after accepting the terms and conditions on the next page there will be a receipt that you need to print out and take to the store where you're making the cash deposit.
Go to store, deposit, funds will pop up in your Mt. Gox account and you are free to trade! Yay!!
Slower method, setting up Dwolla for use with Mt. Gox (takes about 7 days to buy BTC):
Sign up for dwolla at https://www.dwolla.com. Add you bank account information so that you can add funds to your account.
It will take 2-4 business days to verify your bank account (Dwolla will deposit small transactions into your bank account and you will need to show how much they were), in the meantime sign up for a Mt. Gox account at https://www.mtgox.com
Once your bank account is verified, you should fund your dwolla account, which will take about 3-4 business days for the funds to clear.
Once they're cleared, go to Mt. Gox and click 'fund your account'.
Follow steps '3' and '4' above.
On the 'Bitinstant' site, choose 'dwolla' as the funding source.
Follow the instructions on 'Bitinstant' and you will have money in your Mt. Gox account within minutes and are free to trade. Yay!!
Hopefully this guide has helped guide you through the process of buying bitcoin. It definitely has a bit of a learning curve, but I hope I could help. Now, for the long term, you'd want to verify your information on Mt. Gox so that you can make bank account deposits and without the percentage fee that Bitinstant charges, but that process can take a while, especially now that Bitcoin has increased in popularity. Also, once you have bitcoin, it is important to find a safe 'wallet' that you can keep your bitcoins in. There isn't a bank to protect your money for you, you have to be smart and responsible. There are always a lot of posts about good wallet services in /Bitcoin, make sure to choose one that is trusted.
(US) How-To, Online Poker w/ BTC - Play in minutes
This is a quick guide on how to first purchase Bitcoins and begin playing online poker in only a few minutes. A couple disclaimers first.
No Affiliation: I do not have an affiliation or vested interest with any of the entities/organizations/companies or the associated individuals behind them. This can be confirmed pretty quickly on review of my account history.
Experience: Or rather, lack of experience. My first night in a several years of playing online poker was tonight. Only a few hours ago in fact.
Requirements: iPhone or iPad, checking account, and drivers license number (no need for scanned copy, only need the ID #).
SealswithClubs.eu: Will start here as you will need the virtual wallet created automatically with each new account when you purchase Bitcoins.
Enter the amount in USD you would like to convert to BTC and select Bank Account as the funding source. For destination choose Wallet Address.
Go back to the Sealswithclubs.eu tab that you left open and copy the Current Cash-in Address. Make sure that you copy this perfectly and do not miss any character or add any additional spacing.
Go back to the BitInstant page and paste the Current Cash-In Address.
Agree to the terms and click Place Order.
Now on your iPhone/iPad, use the the Capture Zipmark button and scan the QR code on the BitInstant page.
Confirm the transaction and boom, it's done.
From here BitInstant will process the BTC transaction instantly. SealsWithClubs will have some minor delay (for me this was a little over 5 minutes). I suggest you use this time to do two things: first, install the SealsWithClubs poker application. Second, add a Google Authenticator to your SealsWithClubs account for extra security. Good luck and if you see me online try not to take too much of money :) Update: Spaced this reference. Thanks to music4mic and OP of the thread his comment was in.
I've been following bitcoins for about the last year or so, on and off. I'm fascinated by and support anything that is inherently decentralized, open source, and/or democratic. I don't know why I didn't buy sooner, I really don't, I normally have a pretty healthy level of risk tolerance. For some reason I held off until two weeks ago when I was all, "fuck it" and went to buy some after I saw it hovering in the $60-70 range. And that's when I discovered that buying bitcoins is kind of a pain in the ass. I wasn't even going to make a big buy, just $200USD to whet my whistle. After fucking around with AurumExchange, Vircurex, BTC-E, and others I realized there was no really easy way to transmute green backs into internet ducats by using my preferred internet method: my credit card. So I was like, "ah, fuck it" and ignored it for two weeks. Then today it's at $100+. Well, shit, now I gotta buy something, right? So here's my experience buying bitcoins today:
Set up an account with BTC-E (I wanted to buy some LTC while I was at it because, fuck it, why not)
go there, give the nice lady my slip, she enters the data, and it still doesn't work because... I don't even know. There's some issue.
she gets on the phone with moneygram
get a confirmation that the payment went through
get email from bitinstant
check my BTC-E balance: B1.59
http://i.imgur.com/8EW3lP9.gif I probably did this the most idiotic way possible but here's what I can say about the process: I am a "path of least resistance" kind of guy and this is pretty much the opposite of that. Can I buy BTC with a credit card? Yes/no?
Here is my easy way. USA only! Forget it about PayPal and your Credits Cards. All Other services you see in BitInstant require wiretransfer, all Wire-transfers take at least 2 days to a week!! Follow this instruction and you'll have BTC in your wallet fast as BlockChain is operating.
Download bitcoinwallet and litecoin wallet, let them sync up with network.
Goto https://www.bitinstant.com/ choose cash deposit CVS Pay to BitCoin Address. (you can use one @ BTC-E or your wallet) I use the one at BTC-E because bitcoin wallet was taking too long syncing. go thru getting MoneyGram slip via ZipZap.
[ BTC-E > Finances > BTC Make Deposit. Copy Address Bitinstant.com > Pay From CVS > Pay To : BitCon Address ]
Take the ZipZap printout.
Goto ATM Machine and get CASH! CASH ONLY. Yes, CASH ONLY!
Than go to your local MoneyGram location and pay that slip as a bill with CASH (Cash Only, make sure you bring cash).
Drive back home, and look at email from ZipZap and check the information on BlockChain.org and see funds been verify yet. Once they're verify BTC-E should notify you that you have BitCoins deposited.
Click on BTC/LTC button above the graph/chart. choose buy LCT, click on your BTC balance to autofill the amount and buy.
Took me about 10 min to fill the order. Transfer you LTC to your own wallet. DO NOT WATCH THE CHART!!! It will just drive you crazy. I decided to by @ 1.40 on April 1st after looking for way to buy LTC without leaving house wasted a lot of time. so I end up getting them at 1.80! so don't waste time. Donate LTC here LTeqyd5jnS6tqRRavRhSxJfxBSSZzGjUNy English not too good, also suffer from dyslexia. [Mods] feel free to edit this with good English and post it on side bar.
So I know I messed up security wise on my first order. I just need to know how to react.
First off, I'm not panicking, or losing sleep over it, and I have no doubt my package will arrive just fine. I am asking in terms of future purchases and whether or not I should use the same Bitcoin purchasing method in the future, or maybe use different e-mail/wallet accounts as well. Made my first order this week. I decided to use Bitinstant (cash to email through ZipZap), freshly created tormail to send it to, then to blockchain, and then to SR. Ordered a single gram of MDMA from an extremely well-rated vendor with a 98 rating and almost 500 confirmed sales transactions, and it was domestic (US) as well. I also had my address and name PGP encrypted when sending it to him, so my SR activity itself is not where I would have been compromised. I spent a good amount of time on the forums and on here before making the order, but obviously didn't spend as much as I should have, as I did a few retarded things in the process. I only sent a total of 5 bitcoins since it was my first time going through the process. I also used TOR while undertaking all online parts of this activity. However....here is my process.
Used my real name to make the face to face cash transaction, because I found out that the federal government recently temporarily seized the Bitinstant servers, but that names now just have to simply be checked against a list of names blacklisted by the US government....and Bitcoins are 100% legal anyway, and I have zero criminal history. I also heard that sometimes people had problems when using fake names multiple times (having the transaction not go through at the location) and also knew that my ID was not going to be checked, so it could not technically be verified that it was actually me. However...I also used my actual address in the form also....because I read that using fake addresses also raises suspicion.
I received the email in less than an hour at my anonymous tormail, and used coinapult to send them to my blockchain wallet, but here is where i also goofed up. Not only is just using bitinstant - tormail -- blockchain -- SR not considered very safe for a lot of people, but I also didn't realize there was the "anonymous" option for sending...... huge facepalm.
So now, I have my actual name (although not ID verified) attached to a bitcoin transaction which went through tormail, then blockchain, and right into my SR bitcoin address. Just had another gentlemen on here who ordered from the same guy confirm his package arriving today and showed me how it all looked. Seems very legit. Anyway, hit me guys. I'm not panicking or anything, but I'm trying to be as realistic as I can. [EDIT]: I have come to the conclusion that I am just spending way too much time on the SR forums themselves. The people on there are really serious about their security.
I've used Ziggap in the past to buy bitcoins, but they're currently not accepting orders. I ended up using Ziggap previously because Bitinstant was down for maintenance. Now Bitinstant is up, but you can no longer pay directly to a btc address. I was considering going the Bitinstant > MtGox route, but I've heard mixed reviews about MtGox as of late. I've heard getting setup with MtGox described as "an ordeal" as well. Went on to look into blueskytraders, but there isn't a Bank of America branch within 100 miles of me. Then checked into localbitcoins, now admittedly i'm not 100% sure on this one, but this route seemed like it wasn't going to work out either. There's no one within 75 miles of my location selling bitcoins, and I'm not seeing anyone with confirmed trades or anything even remotely nearby. I'm seeing a few cash by mail sellers, but that seems to imply a less than speedy approach. So I want to buy like 10btc as cheap as I can as soon as I can, and I'm really not sure how to go about that. Any help is appreciated and apologies if this is a total noob question.
We could use a few more Spartans. Here's what you can do to help Bitcoin today!
BTC is being tossed around like a sex slave by traders lately. This is a guide to quickly investing in a small long position in BTC on Mt. Gox. This essentially raises the ante for the players. If you believe in BTC bu don't have any, this is how to put your money where your mouth is, and now is as good a time as any. On e person with deep pockets is nowhere near as powerful as a multitude of little people in this scenario, and the market is on an enforced pause. If you have Bitcoin but don't want to sell them(or even open your wallet), this method will also work for you. If you have Bitcoin and do want to sell them, it doesn't surprise me that you are reading a wall of text that.....well, what can i say. First the disclaimers. First, there are some who believe that BTC dropping in value could be the best thing for it. I see why that is a possibility, but my counter is that i don't care about the price, i care about stability. Increased stability will lead to more adoption on all fronts (anyone want to do a merchant guide?) and increased likelihood of success. I am not encouraging day trading, i am explaining how to take a long position (a long term bet that BTC will go up vs. $USD). We are just trying to build a decentralized 'floor' to ease the sharp drops. Second, i am not a financial or legal expert. I have read the so called 'guidance' and am very sure that this method is well within the law. I am just describing what has worked best for me so that you can hopefully avoid some of the many missteps i have made along my bitcoin journey. YMMV. Third, yes i know that Mt Gox is having trouble lately, and not the best place to put your money. However, like it or not, Mt Gox is currently the public face of BTC value and where the battle for public opinion is being fought. That's where we nee d the Spartans the most. Last, please post how long this process took you in the comments so that we can get a solid estimate on how fast Spartans can be added to the line in the future. You will need: Pen & paper, cell phone, computer(not smartphone), two hours of time and a little money that you are willing to lose. DO NOT make a bigger bet than you can afford to lose. This is NOT A SURE THING, but every extra Spartan helps, especially right now. Step 1. Go to Mt. Gox and create an account. It's been a while since i made mine, so i don't know how long this takes these days. Don't bother with verification or anything you don't have to. The object is to acquire a Mt. Gox account number. It will be in the form of M********X, where *=numeral. Step 2. Move some money in to the account. If you live outside the control of the US gov't, just do what any normal person would do and move the money into an exchange with a debit or credit card. Enjoy your freedom. Otherwise...... This is the pain in the ass part where you will start to understand what 'freedom' really means. Some will disagree with me, but IMO right now BitInstant->Moneygram->Zipzap->Mtgox is the quickest way. It is the difference between 2 hours (24/7) and two business days. If you want to use a different method, more power to you. Go to bitinstant.com, select your country, and select 'Cash Deposit' on the left. The drop down menu will list Moneygram vendors (CVS, Jewel/Osco, 7/11,Stater Bros, WalMart, etc). Select a vendor that is convenient. The right side should be defaulted to 'Mt Gox',which is what we want. Call the Moneygram vendor to A) ensure that they are open B) ensure that they have a dedicated RED PHONE at their Moneygram station. If they have a kiosk instead of a phone, you're gonna have a bad time, so select another vendor and try again. Grocery stores seem to be the best. While you are on the phone you can continue with the dat entry. Enter your information. They will ask for your Mt Gox account #, your legal name, a contact e-mail, and your date of birth. Don't lie, it's important to follow the law to the letter in a public environment. If you are looking for anonymity, this is not for you. Enter the amount you wish to move. Low numbers are easy, big numbers are problematic. The butter zone seems to be $500. Anything higher and you are likely to get rejected further down the line, and have to start the process all over. The transaction limit seems to be 2/day. The truth is that there has been a lot of 'variance' in people's experience with this transfer, and there i no rhyme or reason to it. I am trying to show you what has worked for me. At $500 your transaction fees will end up at 4.75%, at other amounts it will vary because of the $3.95 fixed fee per transaction. If you have a better deal than 4.75% that can be done in less than 2 days, i would love to hear about it. Play the little game to prove you are human by clicking and dragging the objects around. Vote for your favorites in the comments; i just got 'Put the animals on the ground' which i hereby down vote. There are much better ones. Once you are certain that you Moneygram vendor will meet your needs (RED PHONE!), click the send funds button to move onto the next screen, which redisplays the info and gives you some transaction codes. Take a screenshot or copy the info(or not) and click 'Go' to move to the next screen. Now we are at ZipZap. Enter your phone number and your area code and hit search. You will see a google maps style interface displaying Moneygram vendors. If you select any vendor other than the one you selected back at Bitinstant, you're gonna have a bad time. If your vendor is not available on the list, take note of the ones that are and go back to Step 1. Click 'Pay Here' next to your vendor and then click 'Create Payment Slip'. The two most important numbers are the AMOUNT ($503.95 in my example) and the ACCOUNT NUMBER OF BILL TO PAY, the 9 digit number. If your 9 digit number contains any letters, stop and go back to Step 1. You will not be charged any money if you stop now, but if you try to use letter in the account number you're gonna have a bad time. The 4 digit RECEIVE CODE is also important, but it is a constant 9611. Go to the Moneygram vendor. Tell the cashier you are there to pay for a money order, and ask if they are going to need a manager to complete the transaction, i.e. make sure they have their shit together BEFORE you pick up the red phone, otherwise your gonna have a bad time. If the transaction times out because they aren't ready to take your money, congratulations, you get to go back to Step 1 (tens timeouts seem to be getting longer, around 10 mins, but again, YMMV. My budget is 5 mins, just to be sure. the fine print is something ridiculous like 120 seconds or something). Pick up the red phone and get ready to take the red pill. Follow the prompts with the keypad to enter all your information. This will include your phone number, the amount, the receive code (9611) and the 9 digit acct #. Most likely that will not be good enough (you may get lucky, but definitely not your first time) and so you will be connected to a live Moneygram operator. They will repeat all the info you just entered back to you verbatim and ask you to confirm it. They will also ask for your address. They are looking to check against the address your driver's license (your tax dollars hard at work, the irony is delicious) before the send the money on to Ukraine, who will send it to Japan. They will also ask if you iive in a house or an apartment, IDK why but they do. Once they are satisfied, they will tell you to pay the cashier. Pay the cashier. Cash, debit or a combination of the two. Credit cards may work, too, but idk for sure. Go back to the Mt Gox website. Log in and click on Settings. The second menu item will allow you to be notified every time a trade is completed, which is what you want. Wait for the money. IME it has been 10 to 30 minutes. If you missed ANY detail in the previous steps (i.e. omitted a middle initial in you name as it appears on your debit card, incorrect address spelling, etc...) you're gonna have a really bad time. You will get your money eventually, but you are going to end up in the customer service queue, and they are a wee bit busy at the moment due to this complicated process. You will be waiting a while, and your money will be trapped in transit. Step 4. Set the position. I don't want to get into the details of trading or Mt Gox, i just want to keep it simple. Feel free to expand the discussion below. Here is the gist: you are going to buy low and sell high. Novel concept, i know. Set your floor. This is the crux move. The floor is the price below which BTC will not drop, no matter what, its minimal market value. We want that to increase so that the volatility that just shut down Mt Gox goes away, and sane people start to consider entering the market. Your floor price is your floor price, and every individual person is different, but we can floor $100 if 1,000 follow these steps. Last time the floor was $5. It could get really ugly. That is what we are trying to prevent. So, using my $500 example, i immediately spilt the position, meaning i buy $250 in bitcoin. I know it sounds crazy, but the price doesn't matter. You can duke that out in the comments, but it is true. Now i have $250 in bit coin and $250 in cash, and i'm going withdraw the bitcoin out of mt gox to somewhere else (newbs seem to like blockchain.info). Now i have a minimal (but not zero) investment in bitcoin that is not on mt box. Using my example again, i am going to bid(try to buy) 2 bitcoins at $100. If i am successful, i will still have $50 left, and therefore some cash in reserve. Now it doesn't really matter whether i buy a bitcoin or not at this point, because i have succeeded in establishing the THREAT of buying at $100, which the speculators can see. If enough people do this (and there are already a ton, maybe even enough, but it is too close to call, hence the volatility and the market shutdown) they won't even try to push that low, and we have established a floor. Pick your own floor number. Seriously, you have to pick the number that you really believe in for this to work, that way everybody's floor number is a bit different from everyone else. Now instead of a hard floor at $100 (speculators push price to $101 and then allow growth again) we have a soft floor that is more difficult to see and react to. It is the advantage of being decentralized, which we must continue to use. The last piece of the puzzle is to ask to sell 10 bitcoins. You have none to sell, but mt gox will let you place to order all the same. Don't be greedy here! $60 is plenty of reward for your effort. If you try to take $100 out each time right now, you're gonna have a bad time. The last important point is that every time you get an email that says a trade has been completed on Mt Gox, go back and reset the EXACT SAME trade, even if you lack the funds. So, in my example, i have a bid of 2 coins at $100 and an ask of 10 coins at $140, and $250 cash and 0 BTC in my account, along with some BTC in reserve. Let's run through all the possible scenarios. PRICE goes DOWN and STAYS DOWN. I end up buying 2 BTC. PRICE goes DOWN and then UP. I buy two coins at 100, then sell them at 140. I pocket the $80. If the price goes down again, we can do it again. PRICE goes UP and STAYS UP. We win. There are more fights ahead but they are of a different nature. Cross that bridge when we get there. PRICE goes UP and then DOWN. I end up buying 2 BTC. PRICE dosn't move. This is what we want most. As long as they keep manipulating the price, you keep pocketing $80. This is how the tool that is BTC works. You can't stop them from manipulating price, but they can't stop you from extracting money from them when they do. The less stable the market, the more WARNINGS!!!! Here are the best ways to fuck this up! 1. Getting greedy. If you don't sell at 140 and try to hold on, you risk not having the funds to maintain your floor. don't be greedy. 2. Forgetting to reset the trades. Once a trade is made, you have to reset it to have it available again. 3. ????? Am i missing something? Let us know??? OK, my head hurts form typing, but that't the gist of it. I am sure i missed some details, particularly about Mt. Gox, cuz it's really not my thing, and i appreciate any clarifications y'all may have. Also, i'm not going back and proofreading this, so i am sure the grammar police will visit, and i thank them in advance. If 1,000 do this in the next 8 hours we can start to be taken seriously as a currency, and we will surpass silver in terms of fixed value. Once BTC are worth more than silver, it's only one more step to being worth more than gold.
I'd like to give away a styled greeting card as a wedding present. The card will replace the traditional wedding check/gift! It will contain a URL (and barcode) that contain a pretty, personalized greeting, and some BTC that I deposited to that address, along with simple instructions on how to withdraw it to the happy couples' own wallets. Alternatively, they should also be able to withdraw it to cash (e.g. withdraw to Paypal via bitinstant). Note: BTCPaypal withdraw is currently disabled, but hopefully they'll come back up. I should be able to view and manage all the "BTC greeting cards" I've sent, and see how much money is left there. (The money is only considered truly "transferred" to the new couple after they withdraw it to another wallet). This is one Bitcoin product I'll actually be happy to purchase.
BitInstant “Bitcoin Address” option is down! Ask Question ... Active 7 years, 4 months ago. Viewed 769 times 5. 1. I want to cash deposit directly to my Bitcoin Address, but the option to do so has disappeared from BitInstant. Any ideas as to why? Do you think it'll ever be back? ... Mechanism to Check if C++ member is private Review: I sent a $323.95 zipzap cash payment to be sent as by bitinstant in the form of bitcoin to my wallet at 11:08 AM mountain standard time on June [redacted], 2013. I paid cash at Advance America store #[redacted]. According to the statement Bitinstant gave me, the bitcoin delivery was supposed to occur within one hour. Bitcoin can be traded for drugs, hookers, euros, dollars, bribes, and gift cards for most major vendors. The biggest limitation is the technical skills needed to use bitcoin effectively and to access something like Silkroad. A card like this makes it extremely easy to run small amounts of cash through bitcoin. Bitcoin Cash (BCH) is one of the top cryptocurrencies already accepted as a payment by multiple companies around the world. Bitcoin Cash represents digital money that can be used to pay for various goods and services. Bitcoin Cash is a fork of Bitcoin, meaning it is a new cryptocurrency based on the original Bitcoin blockchain. BitQuick.co is rebranded from BuyBitcoin.us on Aug 10th, 2013. The website calls itself a hybrid between LocalBitcoin.com and Bitinstant (founded by Charlie Shrem in 2011, allegedly unlicensed money transmitting business to cryptocurrency exchanges. Defunct in 2014) Buy bitcoins (BTC) or bitcoin cash (BCH) for cash through BitQuick: 1.
How to find your Bitcoin wallet address on Luno.com - YouTube
The websites visited in this video were: https://blockexplorer.com/ https://blockchain.info/ https://chainz.cryptoid.info/dash/ https://etherscan.io/ This is how you could check your Bitcoin balance and also the new Bitcoin address. Bkash To Bitcoin & Bitcoin To Bkash-Bast Money Exchange Bangla Tutorial এখন Robik Ex. বন্ধ আছে কিছু দিন পরে ঠিক হবে তাই IPDBSE ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Recorded with http://screencast-o-matic.com