Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Dave90210 on August 29, 2013, 02:32:19 AM



Title: How To Turn Bitcoin Into Money?
Post by: Dave90210 on August 29, 2013, 02:32:19 AM
Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?


Title: Re: How To Turn Bitcoin Into Money?
Post by: Cyberdyne on August 29, 2013, 02:35:30 AM
Bitcoin is money. The End.

Although if you want other types of money, I'd say try localbitcoins.com first.


Title: Re: How To Turn Bitcoin Into Money?
Post by: millsdmb on August 29, 2013, 02:39:07 AM
Bitcoin is money. The End.

Although if you want other types of money, I'd say try localbitcoins.com first.


acquire bitcoins
hold them
sell on exchange


Title: Re: How To Turn Bitcoin Into Money?
Post by: adamstgBit on August 29, 2013, 02:52:47 AM
Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.


Title: Re: How To Turn Bitcoin Into Money?
Post by: Dave90210 on August 29, 2013, 04:03:54 AM
How exactly do you get USD using P2P exchanges? 


Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.



Title: Re: How To Turn Bitcoin Into Money?
Post by: franky1 on August 29, 2013, 04:31:21 AM
how to turn bitcoin into money?

well id say avoid paypal.

paypal is not money. paypal is just another database showing a balance. it is not legal tender to pay taxes and you cant buy alot of things with it unless its affiliated with paypal.

if you want money. IE legal tender. then id say use localbitcoins.com.

if you want to turn bitcoins into another digital currency that 'represents' FIAT IE Paypal, then you will have to be careful and find a proper exchange that can be trusted, because once you hand over your bitcoins there has been many cases that the new owner of your bitcoins will do a chargeback on your paypal account.

with the exchange rate some people do for a bitcoin-paypal swap, and then paypal fee's later on to buy the product you want. you may be better off looking around retail shops/pawn brokers for the item you require and simply cashing out bitcoin to proper legal tender.

paypal and bitcoin have many bad instances of trades, whether its paypal freezing paypal balances due to their own policies, or scammers getting refunds. paypal is not always worth the effort.


Title: Re: How To Turn Bitcoin Into Money?
Post by: adamstgBit on August 29, 2013, 04:42:44 AM
How exactly do you get USD using P2P exchanges?  


Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.


you can send me a bitcoin and i'll send you PPUSD

you wana trade?


Title: Re: How To Turn Bitcoin Into Money?
Post by: yurimir on August 29, 2013, 07:29:20 AM
localbitcoins.com - good service for bitcoin - paypal $ exchange  :)


Title: Re: How To Turn Bitcoin Into Money?
Post by: aceking on August 29, 2013, 07:41:32 AM
be careful with paypal , charge back is coming  >:(


Title: Re: How To Turn Bitcoin Into Money?
Post by: Jace on August 29, 2013, 08:39:35 AM
Bitcoin is money. The End.
This.

People should stop seeing Bitcoin as some vehicle to make Euros or Dollars, but as a favorable ALTERNATIVE to Euros or Dollars.