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Author Topic: 1st time bitcoin use, please help!!  (Read 1027 times)
Dubstar (OP)
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September 04, 2012, 08:29:41 PM
 #1

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!!  Grin

Have a great day, and thanks for the responses!!
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Spenzert
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September 04, 2012, 10:49:21 PM
 #2

It's your first time with Bitcoin, can't you just start with small amounts Huh

BTC: 1SpzM1yPu8SKPnr5zjn7ptXWGKFNywcoi | LTC: Lcz5RHPcxcrp63k1HNbAQUTQkUWon2RoMr
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Stephen Gornick
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September 05, 2012, 04:17:02 AM
 #3

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. 

Unichange.me

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Dubstar (OP)
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September 10, 2012, 04:12:43 AM
 #4

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 ;/
Dubstar (OP)
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September 10, 2012, 04:19:07 AM
 #5

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?!? Huh
Dubstar (OP)
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September 10, 2012, 04:19:51 AM
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It's your first time with Bitcoin, can't you just start with small amounts Huh
You know what they say, go big or go home..
jojo69
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September 10, 2012, 04:38:45 AM
 #7

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?!? Huh

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

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
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rynmln
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September 10, 2012, 04:41:39 AM
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It's your first time with Bitcoin, can't you just start with small amounts Huh
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.
PrimeDice
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September 10, 2012, 04:49:51 AM
 #9

Someone posted that this was a good service https://bitcointalk.org/index.php?topic=87094.0
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September 10, 2012, 04:55:47 AM
 #10

jeez thats alot
camjenk
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September 10, 2012, 06:06:29 AM
 #11

I wonder if doing smaller amounts when you deposit btc makes it harder to track/safer
Gladamas
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September 10, 2012, 06:37:12 AM
 #12

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.

1GLADMZ5tL4HkS6BAWPfJLeZJCDHAd9Fr3 - LQ6Zx8v7fHVBiDX5Lmhbp6oEDB7dUFjANu
GPG 0xF219D5BB3C467E12 - Litecoin Forum
camjenk
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September 10, 2012, 06:42:49 AM
 #13

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 Tongue
Intoxicated_Sheep
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September 10, 2012, 09:39:37 AM
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I’m sure as most other people have stated, buy in smaller transactions or look at buying from an underground seller.
c4n10
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September 10, 2012, 09:47:20 AM
 #15

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!!  Grin

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...?   -_-;
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