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Title: Buying Virtual Currency (MTGO Tickets, Second Life Lindens) Post by: Reikoku on June 10, 2011, 01:34:31 AM As the title says, I'm currently buying other virtual currency for Bitcoin.
Current buy rates are: 1 BTC = 34 MTGO 1 BTC = 9010 L$ These assume a BTC to USD ratio of 1 BTC = 29 USD and are subject to the normal market fluctuations. Slightly better deals may be available if you want 5 BTC or more. Current Rep: 6 #bitcoin-otc on IRC: 5 (Reikoku) Here: 1 Title: Re: Buying Second Life Lindens Post by: Nesetalis on June 10, 2011, 01:37:16 AM doing the math, thats about 34USD/BTC. Virwox is always overpriced, i wouldn't base your trade off of that.
Title: Re: Buying Virtual Currency (MTGO Tickets, Second Life Lindens) Post by: Reikoku on June 10, 2011, 01:43:45 AM No one else seems to be trading Linden to BTC so not sure what a better rate is. Obviously going through Linden for a USD buyer would be expensive, but for people who have Lindens (i.e. deal in SL) it's pretty cheap compared to the normal process to get BTC out of it:
Take 9010 Lindens and cash them out... Wait 4-5 days for Linden Labs to process payout, pay $1 + a fee = $33.53 Buy liberty reserve with paypal (pay $0.30 + 3%) = $32.56 Buy mtgox with liberty reserve (pay 1%) = $32.23 At this point your mtgox account has $32.23 in it after 5+ days, at which point your Bitcoin might be worth $40 or more (and you still have to pay a fee to buy it). I doubt USD buyers will see SL as the way in, anyway, because Linden Labs has that absurd rule that prevents you buying more than $30 worth on a new account. This service is primarily to allow Second Life players to cash out in Bitcoins effort-free. Title: Re: Buying Virtual Currency (MTGO Tickets, Second Life Lindens) Post by: marhjan on June 10, 2011, 08:10:08 AM Did a small transaction with Reikoku. Sold some Linden$ for BTC - quick and easy transaction, would recommend if you have a few spare L$ to trade for Bitcoins.
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