Bitcoin Forum

What method do you use? What are your recomendations and experiences?
TY

Local bitcoins

Bank wire Bitstamp sepa withdrawal

Do not use MtGox for this  :)

Cash in hand,

Buying silver and gold bullion

Bank wire,

LocalBitcoins

New here! but we plan on solving this by allowing BTC cash out to Paypal or Dwolla stay tune!

PayPal and Dwolla will close your accounts in no time.

Nope. Not the way we are doing it :). They won't even know the difference.

Lol, what ever you say.

Check sig.

Still offering moneypak outside of bimit

You'll see  ;D.

I've used localbitcoins multiple times. I've never had any bad experience with them.  :)

Paypal is good if its not much BTC, you can always look for trusted member in this forum. Otherwise btc-e.com....

Definitely localbitcoins cause you can charge a markup and get funds fast

Bitcoin ATMs are probably the best method, if there is one close by  ;D

Migrate to a country with Bitcoin ATM and cashout there conveniently  ;D

SEPA, Cash

Are you able to get verified? If so, bitstamp is a pretty good option. Otherwise I would use localbitcoins.

Paypal, until where I live gets bitcoin ATM's

What about https://bitcurex.com/en-pages,eurfees.html ?

I've made two successful trades with "Projects" -- one for over $300 and the other for over $600 worth of BTC. I went first both times and he paid by Moneygram. I wouldn't hesitate to do it again.

https://bitcointalk.org/index.php?topic=150537.msg3486475#msg3486475

how localbitcoin worx? You bring the wallett on flashdrive?

I have my BTC with Coinbase. How can I cash them out from Localbitcoins? Where can I find the USD exit pricing of BTC with Localbitcoins?

If you live in The Netherlands you could use Bitonic.

EDIT: IF you have an International Bank Account Number and live inside the SEPA bank zone, you could sell to them too, but will have to understand Dutch, haha.

I use webmoney. Not for long though. They have a currency for bitcoins - wmx. You can convert back and forth between different services.

Would be nice to kow how localbitcoin really works? I imagine, like in action movies, two parties with laptops waiting for the transfer confirmation... The only thing that 6 confirms will take about an hour, which isn't really convenient...

That's my question too. How can we do it?

Smartphone and 1 confirmation is all you need  ;)

It is exactly like that. You meet in a public place like a cafe that has wifi and have a cup of coffee while you do the transaction.
For some people it's a more fun to do Bitcoin transaction like this. It doesn't take an hour if you pay a decent transaction fee.  ;)

One confirmation is too small, IMHO. It makes double spent attack very much possible. And if I trade some significant amount, like couple BTCs, I would like to have at least 3-4 confirms. Which is about 30-40 minutes, and you can't be faster than that, no matter how much you pay for a transaction fee, because as we know the whole BTC network adjusts itself to make sure blocks are generated at somewhat constant rate of one per 10 minutes.

FYI, BTCGuild pool at some point was able to solve 6 blocks in a row, which make even 6 confirms look not so secure any more.

Best method would be cash and in person maybe using local bitcoins for example.

Is localbitcoins where you just meet someone local to you and trade?  Is it a specific site?  Must I use google for this?

as many have said local bitcoins is good but I'd also suggest green dot cards.  If you can find some one with a good trust rating around willing to help that is an option for u also.

does "local bitcoins" mean we just find a guy somewhere local? 

It is a site where you can see people in you general area who have bitcoins for sale, so it's worth checking out.  It's sort of like craigslist for bitcoins.  I've never used it yet but the overall process seems pretty straight forward I just can't say much on how the site works.

I use localbitcoin for a majority of my cash outs but sometimes through CaVirtex...  But I usually end up buying bitcoins back the same week.  :)

Does anyone know a good BTC cash out method in China/Hong Kong/Asia?

Thanks

I do not but it is a good question and I'm interested to see what ideas others suggest all the best finding a viable option.

local Bitcoins is good. IMHO

Local Bitcoins looks ok, but what if I need to sell 5btc and no buyer wants to buy 5btc?
So, I need to find 5 buyers at 1btc each?

If you live in vancouver i highly recommend you go and try out the bitcoin atm machine if not try mtgox

https://www.bitstamp.net/ works pretty good. Their fees are also really cheap.

I finally looked at localbitcoins.  Seems like the buyers in my area want a lower price than bitcoinaverage

When you are in China you can open an account with a local bank (even as a foreigner, I was told), then you can cashout with BTC China.

localbitcoins if you can find someone ...
Otherwise I would recommend to use an exchange like bitstamp ... (a little bit longer, a few days, but safe)

How about https://kapiton.se/, or https://www.fybse.se/ for sek?

Local bitcoins is great! also you get more for your coins