Bitcoin Forum

Share your opinion , what you will prefer for withdrawl of bitcoins to your local currency .

Bitcoin Debit card with huge fees to withdraw via ATM.

OR

Localbitcoins exchange or any trusted exchanger  to receive cash direct in your bank account.

Transfer to my bank account, then let me withdraw it as cash, no fees or overheads, easy

Always use localbitcoin exchange there really is nothing else you need although if governments start to regulate heavily and banks become a pain the i will have to trade at local bitcoin but locally for cash. Also buy product online with bitcoin and sell it locally for profit :)

Yeah,localbitcoins.com is a safe and easy way to encash your bitcoins . Because, If you will use bitcoin debit card, you will be charged for every withdrawl like $1 / withdrawl and Huge fees  for inactivity. That means , if you didn't make any transaction with your debit card, you will be also charged for not using your btc wallet.

Same here, rather spend Bitcoin than sell it.

I even gladly pay a fee to pay bills in BTC through BitBill or BitWala....I really don't mind lol :)

Had some success using a Bitcoin debit card here in Belgium, yet very few shops accept it unfortunately...

I use localbitcoins quite a bit and am very happy with the experience. A Bitcoin debit card is convenient, but I can usually sell Bitcoin through localbitcoins and have the money on my bank card within an hour.

I agree.

If I don't want the money in my bank account, there are a couple of localbitcoins buyers in my area that will meet me at an ATM machine and give me cash. The only inconvenience is that it can take up to four hours, but my vote is still for local bitcoins.

for now i only use local exchange for selling my bitcoin and receive cash direct in my bank account
because there is no bitcoin ATM in my country

i prefer local exchange for cash deposit in my bank or if possible then face to face deal with buyer for hardcash

I have no use for this "cash" you speak of.  :D

That is aright for some! Some of us are forced to to keep our homes and stop from getting our asses put in prison for not paying bills, I am looking forward for the day when all bills can be payed by Bitcoin though because cash/fiat they have forced us to use is history and i don't want to be part of their control anymore it is like i said though for now we are forced to :/

Use Cashila and "sell" BTC to your bank account.

Neither.

...

Myself, I bought BTC for cash and have no desire to change it back into FIAT$.  BTC is another asset class, a diversification.  Besides, you get hit twice for transaction costs if you buy an dthen re-sell your BTC.

And done right, it is hard for anyone to easily track your transactions (especially with localbitcoins.com and mixing your coins).

I only spend (and rarely at that) BTC for gold or platinum.

Exchages, so I don't need to make p2p transactions and can withdraw at any time?

And I don't pay more than the exchange price?

I prefer BIT-X debit card with low fees , easiest way to get cash for your btc or ltc

I prefer use trusted exchange with small withdrawal fee, around $1 or lower
but many of them use percentage of our withdrawal amount, which is high if we cash out big amount of BTC :(
current fee of bitcoin debit card is not good for cashing out directly on ATM :(

But if i can spend bitcoin for goods that i'm looking for, i'll spend bitcoin to buy it. rather than cashing it out and buy use fiat money
how much the fees? interesting with this one :)

Looks like more than 50 % members use to prefer localbitcoins exchange or local exchange only than  bitcoin debit card.