|
Title: Cash Out Bitcoins - Best way? Post by: bbit on October 05, 2011, 06:43:40 PM So what is the best way to convert your bitcoins to U.S dollars right now?
Title: Re: Cash Out Bitcoins - Best way? Post by: cm68jd on October 05, 2011, 07:13:24 PM mtgox or a bitcoin atm if anyone would develop it.
Title: Re: Cash Out Bitcoins - Best way? Post by: bbit on October 05, 2011, 07:26:12 PM mtgox or a bitcoin atm if anyone would develop it. Thanks :) checking how it works with Mt. Gox Title: Re: Cash Out Bitcoins - Best way? Post by: dbrownson on October 06, 2011, 03:42:20 PM does anyone know if mtgox sends cashout & trade records to IRS?
Title: Re: Cash Out Bitcoins - Best way? Post by: WiseOldOwl on October 06, 2011, 05:10:31 PM If it is a time thing,
https://bitcoinbux.com You can PM me with any questions too :) Title: Re: Cash Out Bitcoins - Best way? Post by: bbit on October 06, 2011, 07:50:37 PM does anyone know if mtgox sends cashout & trade records to IRS? I don't know if they do. Title: Re: Cash Out Bitcoins - Best way? Post by: bbit on October 06, 2011, 07:51:30 PM If it is a time thing, https://bitcoinbux.com You can PM me with any questions too :) PM sent ;D Title: Re: Cash Out Bitcoins - Best way? Post by: Evil Juggalo on October 06, 2011, 09:53:11 PM does anyone know if mtgox sends cashout & trade records to IRS? Doubtful.. But even if they did, currently it wouldnt link back to you unless they did a LOT of investigation.. Title: Re: Cash Out Bitcoins - Best way? Post by: c0ffer on October 06, 2011, 09:57:07 PM Maybe consider cashing out a portion through alternate means?
https://bitcointalk.org/index.php?topic=46855.msg557865 ;) Title: Re: Cash Out Bitcoins - Best way? Post by: deslok on October 06, 2011, 11:01:57 PM You could use tradehill and request a check the exchange rates are ~equal but there's no fee on a check in the mail(takes 5 days though) or you could just buy thing you want directly with the coins
Title: Re: Cash Out Bitcoins - Best way? Post by: Andrew Bitcoiner on October 07, 2011, 06:08:49 AM Get a Visa card for your bitcoins here: http://bitcashretail.com/visa.php
Title: Re: Cash Out Bitcoins - Best way? Post by: tqh on October 07, 2011, 05:15:36 PM does anyone know if mtgox sends cashout & trade records to IRS? Doubtful.. But even if they did, currently it wouldnt link back to you unless they did a LOT of investigation.. I thought it would be easy, since mtgox already has your bank account info? Title: Re: Cash Out Bitcoins - Best way? Post by: mrkent on October 07, 2011, 06:38:25 PM Why not #bitcoin-otc? I just started and it was the easiest way for me. How much bitcoin are you selling?
Title: Re: Cash Out Bitcoins - Best way? Post by: saethan on October 07, 2011, 07:15:20 PM wallet(btc) -> mtgox(sell btc for USD) -> Dwolla(transfer USD from mtgox) -> bank transfer involves, I think, a total of a $0.25 fee if you have a US bank account. Plus the 3%(I think?) mtgox charges on all trades.
If I'm wrong here somebody correct me, this was my plan. :) Title: Re: Cash Out Bitcoins - Best way? Post by: mtgoxCharlie on October 13, 2011, 09:59:40 AM Mt.gox is the way to go and then if you live in the states dwolla is the way to withdraw your earnings. :Good luck :)
|