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Title: Going from BTC to Real USD Post by: KnuttyD on April 24, 2011, 11:05:37 PM I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc (https://www.bitcoin2cc.com/ (https://www.bitcoin2cc.com/)), but I have Liberty Reserve funds right now that I want to convert.
Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! Title: Re: Going from BTC to Real USD Post by: KnuttyD on April 24, 2011, 11:18:09 PM Maybe this was posted in the wrong section?
I havent been able to find any other information on this in other posts. Title: Re: Going from BTC to Real USD Post by: proudhon on April 24, 2011, 11:21:55 PM Yeah, this is the real trick. I'd also like to know how people are making this transaction. At the end of the day, I need to pay for the power that my miner is consuming and as it turns out my power company doesn't accept BTCs as payment.
Title: Re: Going from BTC to Real USD Post by: gusti on April 24, 2011, 11:25:21 PM I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc (https://www.bitcoin2cc.com/ (https://www.bitcoin2cc.com/)), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR. Title: Re: Going from BTC to Real USD Post by: KnuttyD on April 24, 2011, 11:26:34 PM I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc (https://www.bitcoin2cc.com/ (https://www.bitcoin2cc.com/)), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR. Title: Re: Going from BTC to Real USD Post by: gusti on April 24, 2011, 11:30:00 PM From Mtgox :
"Send Money Send USD or BTC for free to anyone with an email address. You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. " No indication about such USD 800 minimum. Title: Re: Going from BTC to Real USD Post by: KnuttyD on April 24, 2011, 11:35:44 PM From Mtgox : "Send Money Send USD or BTC for free to anyone with an email address. You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. " No indication about such USD 800 minimum. Thats just sending money. So how would I use that to wire money to a bank account, or have cash sent to me? I need USD that I can put in a bank account, so I can pay my electric bill. Title: Re: Going from BTC to Real USD Post by: gusti on April 24, 2011, 11:39:08 PM From Mtgox : "Send Money Send USD or BTC for free to anyone with an email address. You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. " No indication about such USD 800 minimum. Thats just sending money. So how would I use that to wire money to a bank account, or have cash sent to me? I need USD that I can put in a bank account, so I can pay my electric bill. The buyer of your mtgox USD can send you a bank transfer, Paypal, Western Union. |