Bitcoin Forum

Economy => Currency exchange => Topic started by: drudgeboat on July 20, 2012, 09:58:09 PM



Title: selling MoneyPak for 100$+ worth of BTC!
Post by: drudgeboat on July 20, 2012, 09:58:09 PM
Hi!
I am new here, but have done one transaction with member TizzyTazzy, as well as several purchases off of spendbitcoins.com.

I would like to trade my MoneyPak (have not purchased it yet but will be between $100-$150 USD), for your bitcoins at current market value of $8.23 / BTC.


If you're interested please PM me and we can work out details (and I will tell you how much specifically I'd like to purchase, haven't fully decided yet)

Thank you very much!


Title: Re: selling MoneyPak for 100$+ worth of BTC!
Post by: Stephen Gornick on July 21, 2012, 12:14:57 AM
I would like to trade my MoneyPak (have not purchased it yet but will be between $100-$150 USD), for your bitcoins at current market value of $8.23 / BTC.

MoneyPak are only available in the U.S.   There is a minimum fee of $5 (or maybe $4 at Walmart). 

For the range between $100 and $150, it would either be cheaper or about the same price to use one of the services like BitInstant.  Cash deposits for BitInstant, AurumXChange, Get-Bitcoin, and others can be made at  major banks, 7-11, Walmart, CVS and more.

Why MoneyPak then?

And to get the best rate, your best deal is to use BitFloor, deposit cash at a Chase bank, and then buy at market (which is oftentimes a little below Mt Gox's even, due to BitFloor having such fantastic support for USD withdrawals.)  So you could save a few bucks going with BitFloor even.

So ... I'm stumped. Why MoneyPak?


Title: Re: selling MoneyPak for 100$+ worth of BTC!
Post by: drudgeboat on July 21, 2012, 11:07:49 AM
I live in a rural area, and do not have any access to any chain banks like Bank of America, Chase, etc. The closest one is 1.5 hours drive. Whereas there is a store that sells moneypak right down the street from me. And I like the safety and anonymity. Those are the only real reasons. :)


Title: Re: selling MoneyPak for 100$+ worth of BTC!
Post by: Stephen Gornick on July 21, 2012, 09:58:44 PM
The closest one is 1.5 hours drive. Whereas there is a store that sells moneypak right down the street from me. And I like the safety and anonymity. Those are the only real reasons. :)

Fair enough!

If you can't find a trade here, you might want to place an offer on the #bitcoin-otc marketplace.  Mention that you'll have the receipt (showing you paid with cash) to increase confidence the fund are legit.

Also, if you'll be sending first, take precautions like using an escrow.   Or use the #bitcoin-otc's authentication system that way you can ensure your counterparty is authenticated with the #bitcoin-otc Web of Trust (WoT) and has a good trust history

 - http://bitcoin-otc.com/vieworderbook.php
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://bitcoin-otc.com/viewratings.php


Title: Re: selling MoneyPak for 100$+ worth of BTC!
Post by: drudgeboat on July 23, 2012, 11:09:30 PM
MoneyPak has been sold, thanks guys! :)


Title: Re: selling MoneyPak for 100$+ worth of BTC!
Post by: TizzyTazzy on July 23, 2012, 11:12:33 PM
MoneyPak has been sold, thanks guys! :)

Darn.