Bitcoin Forum

Other => Beginners & Help => Topic started by: Dubstar on September 04, 2012, 08:29:41 PM



Title: 1st time bitcoin use, please help!!
Post by: Dubstar on September 04, 2012, 08:29:41 PM
How's it going my fellow bitcoin users, I have a quite simple predicament i need yall's assistance with solving ;p

So i need to deposit 220 bitcoins (~$2300 USD).
But.. I cannot find a website that will allow me to deposit more then ~$1000 usd into my account.
Not a website thats legit, btw..
Also, I have no interest in tying my bank account to bitcoin wallet.

If anyone could point me in the right direction, it would be much appeciated!!  ;D

Have a great day, and thanks for the responses!!


Title: Re: 1st time bitcoin use, please help!!
Post by: Spenzert on September 04, 2012, 10:49:21 PM
It's your first time with Bitcoin, can't you just start with small amounts ???


Title: Re: 1st time bitcoin use, please help!!
Post by: Stephen Gornick on September 05, 2012, 04:17:02 AM
So i need to deposit 220 bitcoins

The bitcoin clients have no limit on how much you can store on them.  So you can make purchases of smaller amounts of bitcoins and withdraw the funds to your own wallet.   Then you can send a 220 BTC transaction to wherever you would like.

To purchase that amount of bitcoins using cash from a single source, you might hit daily limts and/or need to provide verification.

Instead you can use cash deposit methods that do not know your identity.

For instance, a BitInstant purchase can go to one of your own bitcoin addresses.  You can make as many purchases as you want, using a different address for each.

 - http://www.BitInstant.com


You might also find a local trader and do a cash trade:

 - http://www.LocalBitcoins.com

If you don't want to install software (e.g., the Bitcoin.org client), you can use a hybrid wallet such as Blockchain.info/wallet or a hosted (shared) wallet, such as Paytunia.

At some point, using  a third party wallet for a larger much of funds means you'll want to make especially sure you are working from a secure computer.

For some transacting larger amounts is something they only do from a LiveCD, for example. 


Title: Re: 1st time bitcoin use, please help!!
Post by: Dubstar on September 10, 2012, 04:12:43 AM
So i need to deposit 220 bitcoins

The bitcoin clients have no limit on how much you can store on them.  So you can make purchases of smaller amounts of bitcoins and withdraw the funds to your own wallet.   Then you can send a 220 BTC transaction to wherever you would like.

To purchase that amount of bitcoins using cash from a single source, you might hit daily limts and/or need to provide verification.

Instead you can use cash deposit methods that do not know your identity.

For instance, a BitInstant purchase can go to one of your own bitcoin addresses.  You can make as many purchases as you want, using a different address for each.

 - http://www.BitInstant.com


You might also find a local trader and do a cash trade:

 - http://www.LocalBitcoins.com

If you don't want to install software (e.g., the Bitcoin.org client), you can use a hybrid wallet such as Blockchain.info/wallet or a hosted (shared) wallet, such as Paytunia.

At some point, using  a third party wallet for a larger much of funds means you'll want to make especially sure you are working from a secure computer.

For some transacting larger amounts is something they only do from a LiveCD, for example. 

Thanks for the info Stephen, i got it figured out with bitinstant ;p
Wish I woulda checked out this forum earlier..

I now have another problem lol, as guiminer has been running fine, untill today, when it failed to start.
It starts in the system tray and task manager, but the program wont pop up..
I feel kinda dumb cause I know its something simple, but even google has failed me on this one ;/


Title: Re: 1st time bitcoin use, please help!!
Post by: Dubstar on September 10, 2012, 04:19:07 AM
I now have another problem lol, as guiminer has been running fine, untill today, when it failed to start.
It starts in the system tray and task manager, but the program wont pop up..
I feel kinda dumb cause I know its something simple, but even google has failed me on this one ;/

Nevermind, i figured it out.. Anyways, whats good community?!? ???


Title: Re: 1st time bitcoin use, please help!!
Post by: Dubstar on September 10, 2012, 04:19:51 AM
It's your first time with Bitcoin, can't you just start with small amounts ???
You know what they say, go big or go home..


Title: Re: 1st time bitcoin use, please help!!
Post by: jojo69 on September 10, 2012, 04:38:45 AM
I now have another problem lol, as guiminer has been running fine, untill today, when it failed to start.
It starts in the system tray and task manager, but the program wont pop up..
I feel kinda dumb cause I know its something simple, but even google has failed me on this one ;/

Nevermind, i figured it out.. Anyways, whats good community?!? ???

was the window popping up off screen?  mine does that sometimes


Title: Re: 1st time bitcoin use, please help!!
Post by: rynmln on September 10, 2012, 04:41:39 AM
It's your first time with Bitcoin, can't you just start with small amounts ???
You know what they say, go big or go home..
I'm already at home... so it looks like I only have one real option there.


Title: Re: 1st time bitcoin use, please help!!
Post by: PrimeDice on September 10, 2012, 04:49:51 AM
Someone posted that this was a good service https://bitcointalk.org/index.php?topic=87094.0


Title: Re: 1st time bitcoin use, please help!!
Post by: dotcom on September 10, 2012, 04:55:47 AM
jeez thats alot


Title: Re: 1st time bitcoin use, please help!!
Post by: camjenk on September 10, 2012, 06:06:29 AM
I wonder if doing smaller amounts when you deposit btc makes it harder to track/safer


Title: Re: 1st time bitcoin use, please help!!
Post by: Gladamas on September 10, 2012, 06:37:12 AM
I wonder if doing smaller amounts when you deposit btc makes it harder to track/safer

Other than companies possibly taking notice of large BTC/fiat transactions, every transaction is stored in the blockchain and is publicly viewable.


Title: Re: 1st time bitcoin use, please help!!
Post by: camjenk on September 10, 2012, 06:42:49 AM
I wonder if doing smaller amounts when you deposit btc makes it harder to track/safer

Other than companies possibly taking notice of large BTC/fiat transactions, every transaction is stored in the blockchain and is publicly viewable.

Word, much thanks for the info. It makes sense they would want to go after the big dogs moving massive amounts of cash at once, rather than the guys doing small amounts every once in a while. Also I'm sure the bigger the transaction, the bigger your red flag is :P


Title: Re: 1st time bitcoin use, please help!!
Post by: Intoxicated_Sheep on September 10, 2012, 09:39:37 AM
I’m sure as most other people have stated, buy in smaller transactions or look at buying from an underground seller.


Title: Re: 1st time bitcoin use, please help!!
Post by: c4n10 on September 10, 2012, 09:47:20 AM
How's it going my fellow bitcoin users, I have a quite simple predicament i need yall's assistance with solving ;p

So i need to deposit 220 bitcoins (~$2300 USD).
But.. I cannot find a website that will allow me to deposit more then ~$1000 usd into my account.
Not a website thats legit, btw..
Also, I have no interest in tying my bank account to bitcoin wallet.

If anyone could point me in the right direction, it would be much appeciated!!  ;D

Have a great day, and thanks for the responses!!

So you'd like to send $2,300 USD anonymously, but you'd like a legitimate website to do it through...?   -_-;