Bitcoin Forum

Other => Beginners & Help => Topic started by: maxbit on January 28, 2013, 06:12:20 PM



Title: Best way to cash out of Bitcoins?
Post by: maxbit on January 28, 2013, 06:12:20 PM
What methods have you used succesfully to cash out of bitcoins (get USD for your bitcoins)? Ive heard that it is fairly easy to get scammed.. Anyone have tips of sites to get this done easiest?


Title: Re: Best way to cash out of Bitcoins?
Post by: Walter Rothbard on January 28, 2013, 07:24:34 PM
It looks to me like fastcash4bitcoins.com and coinbase are good options.


Title: Re: Best way to cash out of Bitcoins?
Post by: maxbit on January 28, 2013, 07:26:29 PM
How is btc-e site I am looking for low fees as well as ease of transaction.


Title: Re: Best way to cash out of Bitcoins?
Post by: Ipotex on January 28, 2013, 07:41:32 PM
shell them to a friend ;)


Title: Re: Best way to cash out of Bitcoins?
Post by: Geraldine on January 28, 2013, 07:50:20 PM
How's LocalBitcoins.com? Never tried them, but the always advertise on bitcoincharts.com


Title: Re: Best way to cash out of Bitcoins?
Post by: maxbit on January 28, 2013, 08:17:45 PM
Ill check them out, sometimes the advertised sites are not that good. The only way they get business is thru those ads, not through word of mouth (like on here).


Title: Re: Best way to cash out of Bitcoins?
Post by: RodeoX on January 28, 2013, 08:19:06 PM
You could just spend them on things you need to buy anyway?

Here is my current favorite. They are not cheaper than with cash, but they are great socks. Super soft and warm, plus they don't seem to stink after wearing.I don't know why, but that's a bonus.

http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html


Title: Re: Best way to cash out of Bitcoins?
Post by: maxbit on January 28, 2013, 08:31:34 PM
I like that idea, keeps it in the btc community. hmmm. OMW to look for sites that sell accepting btc..


Title: Re: Best way to cash out of Bitcoins?
Post by: AndrewJ on January 28, 2013, 09:42:29 PM
A friend of mine used https://fastcash4bitcoins.com/ and he had no problem.
How about MtGox?


Title: Re: Best way to cash out of Bitcoins?
Post by: Billythekidcr on January 29, 2013, 01:21:10 AM
Has anyone here tried localbitcoin ? Feedback thoughts?


Title: Re: Best way to cash out of Bitcoins?
Post by: phoenox on January 29, 2013, 01:49:47 AM
I have signed up as a seller on localbitcoins.  It looks like there are people from around the world who are willing to trade bicoin for cash.  The site itself does not buy or sell bitcoins, it is mostly just a means of helping people get in touch.  I have never actually made any exchanges that were arranged there but it looks like a lot of people are.


Title: Re: Best way to cash out of Bitcoins?
Post by: atpcas on January 29, 2013, 05:13:39 AM
What methods have you used succesfully to cash out of bitcoins (get USD for your bitcoins)? Ive heard that it is fairly easy to get scammed.. Anyone have tips of sites to get this done easiest?

I sold my 305 bitcoins at MtGox.  I got about $3000 for them.  The process was fairly painless.


Title: Re: Best way to cash out of Bitcoins?
Post by: TehTDK on January 29, 2013, 05:15:50 AM
What methods have you used succesfully to cash out of bitcoins (get USD for your bitcoins)? Ive heard that it is fairly easy to get scammed.. Anyone have tips of sites to get this done easiest?

I sold my 305 bitcoins at MtGox.  I got about $3000 for them.  The process was fairly painless.

Paid to paypal or what?


Title: Re: Best way to cash out of Bitcoins?
Post by: MobGod on January 29, 2013, 09:04:10 AM
here is another site that will accept bitcoin http://www.inoxicating-jewelz.com  i've got a couple things from him they are very nice,all you would have to do is email him telling him you want to pay in bitcoin and he will give you a better price also. Just a site you can spend coin like the socks :)


Title: Re: Best way to cash out of Bitcoins?
Post by: itai3856 on January 29, 2013, 10:16:19 AM
mtgox is the best place you can cash them out i think


Title: Re: Best way to cash out of Bitcoins?
Post by: Gestas on January 29, 2013, 10:19:13 AM
mtgox is the best place you can cash them out i think
If you dont mind giving them a ton of personal details to cash out your internet funbux including bank account details. Considering how often these exchanges are "hacked", I sure as hell wouldnt trust them with that kind of information.


Title: Re: Best way to cash out of Bitcoins?
Post by: usagi on January 29, 2013, 01:20:23 PM
What methods have you used succesfully to cash out of bitcoins (get USD for your bitcoins)? Ive heard that it is fairly easy to get scammed.. Anyone have tips of sites to get this done easiest?

Create an account on an exchange like BitFunder, buy shares of TU.SILVER, and redeem them for physical silver.
You can also do this with physical gold on BTC-TC with the GOLD and BTC-GOLD funds IIRC.

Then you can take your physical and sell it or trade it for whatever you want. Just one idea.


Title: Re: Best way to cash out of Bitcoins?
Post by: TheButterZone on January 29, 2013, 09:56:10 PM
BitMe.com, if you don't mind the bid/ask split.


Title: Re: Best way to cash out of Bitcoins?
Post by: PrintCoins on January 30, 2013, 05:04:37 AM
I think if you put them at below market.on localbitcoins you would sell them fast and get cash.


Title: Re: Best way to cash out of Bitcoins?
Post by: rileyjalexander on January 30, 2013, 05:30:17 AM
Another site GiftsforCoins.com will let you spend your bitcoins on gift cards that you can use in real stores online or in person.


Title: Re: Best way to cash out of Bitcoins?
Post by: MoneypakBuyer on January 30, 2013, 09:57:29 AM
i cash out with a friend always. Ihave tons of BTC for private work


Title: Re: Best way to cash out of Bitcoins?
Post by: Got BTC on January 30, 2013, 10:50:09 AM
Western Union, Moneygram, and Bank transfer are probably the safest and fastest ways to cash out. Using Escrow so you won't get scammed too.