Bitcoin Forum

Economy => Currency exchange => Topic started by: Jourgensen on April 26, 2013, 06:03:21 AM



Title: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: Jourgensen on April 26, 2013, 06:03:21 AM
Is anyone buying that is not going to back out or *try* and scam me? Cash in the mail or p2p, I am selling 150-300 BTC. Everyone seems to back out after making a deal. No one taking 5% or someting ludicrous.

PM me to talk about it.

Cash money only. Escrow if need be or trusted buyer.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: TheButterZone on April 26, 2013, 06:26:08 AM
Blame Gox enabling market-wide crashes at the apparent absolute discretion of scumbags. Nobody with half a brain is going to buy that much when it could drop in value anywhere from 20% to 80% in 60 seconds. Best time to cash out would be when the price is +/- $10 stable for a month, at least at the all time high, or higher, because that would mean all the scumbags are either dead or in prison, and any scumbags in waiting are in fear for their lives if they crash the market again.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: Jourgensen on April 26, 2013, 12:23:49 PM
I see your point.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: fearink on April 26, 2013, 01:00:45 PM
If you were local I'd buy some, but waiting 2-5 days where the price is fluctuating 10%+ a day isn't really fun to watch.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: wrenchmonkey on April 26, 2013, 05:14:41 PM
Cash through the mail is seriously the WORST way to do a transaction. If you're going to have to wait a few days, why not just use Mt Gox, or better yet, go local?


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: DannyHamilton on April 26, 2013, 07:33:28 PM
Is anyone buying that is not going to back out? Cash in the mail or p2p, I am selling 150-300 BTC. Everyone seems to back out after making a deal. No one taking 5% or someting ludicrous.

PM me to talk about it.

Cash money only. MT Gox average price, I ask for no percentage. Escrow if need be or trusted buyer.

I'd be willing to buy as much as 100 BTC via cash in the mail with a trusted escrow.

However, there is no way I'd do it for current MtGox average price when I know that the price could soar or crash any minute.

The best I'd offer for that quantity right now would be $7,500 for 100 BTC. (which is a whole lot worse than the 5% that you've already stated you aren't interested in).

I suspect that to move that volume of BTC for cash and avoid a significant fee, you're either going to have to find someone local, or use MtGox (or perhaps one of the other currency exchanges).

I'll keep an eye on the exchange rate.  If it crashes to the point where the MtGox Average gets near $75, maybe I'll come back and offer to pay MtGox average.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: Oldsport on April 26, 2013, 10:17:37 PM
Yikes, I didn't notice the MT.Gox average bit. Withdrawn.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: badgerman on April 26, 2013, 10:43:22 PM
Willing to use Western Union ?(full escrow). Its a safe method and Ive bought coins on here before so I can get vouched.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: abigfish on April 27, 2013, 01:44:37 AM
dunno about your countries guys ...but in some european ones (mine too) CASH THROUGH MAIL IS ILLEGAL !!! to the extent that if cash through mail is detected ...it WILL BE CONFISCATED !! something regarding anti-laundering policies etc ...

just a heads-up on this method of payment ... and WU is ...well WU ...I remember reading an article once stating that up to 30% of ALL WU transactions are fraudulent or scams ... :D so careful y'all


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: flavius on April 27, 2013, 01:53:15 AM
everyone uses the anonymous polish cards to go from btc to cash. I assume this is how most people make good money yet avoid paying the taxes on their coins, otherwise just using your regular bank account, while not horrible, isn't anonymous.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: shkiser on April 27, 2013, 02:27:40 AM
Yes im always buying. How many u got to sell?


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: Jourgensen on April 28, 2013, 11:30:17 AM
Didn't really think this would turn into a discussion on the finer points of the postal system or getting advice how to trade. But regardless I am still selling if anyone is interested.


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: sublime5447 on April 28, 2013, 04:43:12 PM
I am always looking for btc or ltc for paypal usd I am willing to pay btc-e spot price. I can pay with other methods, but it would need to be fast. I am basically a coin shop I am interested in selling coins but am not very interested in holding them. I make a tidy little profit selling btc and ltc for paypal and am happy with low risk and decent margins. I typically buy a couple hundred dollars of coins at a time and then sell them off as quick as I can or if I buy larger amounts convert them over to usd on the exchange. Cash in the mail isn't gonna work i need coins within a couple min. of agreeing on price.
Let me know if we can work something out   


Title: Re: So seriously is anyone buying?... BTC for cash
Post by: flavius on April 30, 2013, 02:37:13 PM
everyone uses the anonymous polish cards to go from btc to cash. I assume this is how most people make good money yet avoid paying the taxes on their coins, otherwise just using your regular bank account, while not horrible, isn't anonymous.
this post didn't solve the entire thread because why??


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: Jourgensen on May 12, 2013, 09:49:14 PM
again


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: No 1 on May 12, 2013, 10:12:39 PM
pm sent


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: roedieroe on May 12, 2013, 11:18:55 PM
Personally, I think 5% is reasonable for cold hard cash in the mail.  Obviously trust is a big part of any trade, but nobody is going to do you a favor and provide cash in the mail at 1:1, afaik  ::)


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: flavius on May 12, 2013, 11:35:21 PM
the polish cards are 3 dollars for an ATM withdrawal, free to load. I don't know what more you could ask for when going btc to cash.


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: roedieroe on May 12, 2013, 11:55:42 PM
the polish cards are 3 dollars for an ATM withdrawal, free to load. I don't know what more you could ask for when going btc to cash.
Yes but usually <$200 max withdrawals so that $3 is almost 2% each time, plus the ATM's own fees... adds up


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: Welsh on May 12, 2013, 11:59:46 PM
I'm curious on how the mailing the money would work, I know you said escrow would be involved but what would the order of process would the deal go through?
I'm guessing it's pretty risky? huh?


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: flavius on May 13, 2013, 01:09:34 AM
the polish cards are 3 dollars for an ATM withdrawal, free to load. I don't know what more you could ask for when going btc to cash.
Yes but usually <$200 max withdrawals so that $3 is almost 2% each time, plus the ATM's own fees... adds up
1.5%, most ATMs do not have a fee. Wells Fargo has a $5 fee but I use a keybank ATM and there are no fees.

The card itself will cost you about $35 and gives you $3,500 per year. You can buy as many of them as you want.

Even if you find a way that is magically 1% cheaper, I don't know why you would rather do stuff over the mail or with other people when you can just do it anonymously with a card.


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: BigJohn on May 13, 2013, 03:35:05 AM
How do you get this card?


Title: Re: So seriously is anyone buying?... BTC for cash (that isn't a scammer)
Post by: flavius on May 13, 2013, 08:22:12 AM
there was a vendor here selling it or I can dropship you one from the darknet for $80