Bitcoin Forum

Hi all,

Since everyone seems to be having trouble getting cash in and out of Mt. Gox. I will start buying and selling Mt. Gox USD for cash in the mail.

I'm charging a low fee of 2% to buy Mt. Gox USD, and 2% plus $1 for postage to sell. Also, I'll have to limit the trades to $200 $500 per person per day for now. I may be able to raise the limits in the future.

I realize this forum says I'm a newbie, and you don't have a reason to trust me. However, I have been buying and selling bitcoin on Bitcoin Market and Mt. Gox for a few months now. If you've traded with me on Bitcoin Market, please vouch for me.

However, since I still may not have much trust on this board, I'll wave the 2% fee for my first $1000 in trades. That means 1:1 trades for Mt. Gox USD (minus $1 for withdrawals) for a limited time only.

PM me for details.

I'll escrow the gox USD if it makes either party feel safer.
morpheus doesn't have a lot of posts but he is in the top 10 traders on mtgox so he has been around.

Morpheus. Would you be willing to do the trade with a prepaid credit card reload pack instead of cash in the mail?

Yes, I'll take a prepaid credit card reload pack. Though, I'm limited on how much I can trade for now. If prepaid credit cards become a popular way to fund Mt. Gox, I'll have to get a proper merchant account. Anyone interested can PM me for details.

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Also, I'm willing to accept the following currencies via the mail: USD, Canadian Dollar, Mexican Peso, Euro, British Pound Sterling, and Australian Dollar (maybe more). However, I plan to exchange the cash (other than USD) at a local exchanger which may cost as much as a 10% loss over the spot prices. I'll not charge any extra for exchanging currencies over the best exchange rate I can get. I encourage you to find the best exchange rate to USD.

I can also send the above currencies using the same exchanger, but sending outside the US costs more. PM me for details if you're interested.

I'm working on accepting bank wires.

Finally, if you want to trade directly for bitcoin instead of Mt. Gox USD, I'll give it to you for 5% over/under the ask/bid price on Mt. Gox. This is just for convenience. I encourage you to buy Mt. Gox USD instead.

I have had a good outcome using this service. Thanks morpheus!

I just NOW put an envelope with $200 cash in it.... in the outgoing mailbox to you, morpheus.

The mail will be picked up tomorrow, heading out of NYC....    Keep an eye on your mailbox, morpheus.    :)

I raised the maximum purchase/withdrawal limit to $500.

-Morpheus

I apologize for my own delay in posting this...  but...

I completed a successful transaction with morpheus... sending him $200 in the mail.   He was very prompt in sending the MtGox-USD immediately upon receiving it.

Thanks, morpheus  :)

morpheus: just fyi, there is some mtgusd-usd trading activity going on on #bitcoin-otc. might want to post your offer there as well. </plug> :)

Dumb Question:   How does one get to the #bitcoin-otc ?  Is there a link?

Here's the URL, Bruce: http://bitcoin-otc.com/

thanks ribuck for helping out with the link. :)

One more happy customer here.  Thanks morpheus!

Add another happy customer. Would recommend his service to anyone.

Hello so if I sold you $500 in mtgox USD you would mail me $489 in cold hard cash?  That sounds very reasonable might need to do this after I do a couple more days of mining.

Edit:  also would a check be an option that much in the mail could be risky?

Can I wire you any funds?
Or I have 1 no name Internet Cash Card in USD

http://www.swissbankers.ch/index.php?id=812&L=3

Currently, 200USD loaded and I can add more upto 10K. Card details can be sent by email.

Thank you,

So how do I send MT GOX USD over to you?

(Not familiar with MT Gox or whatever)

So if I send you cash in the mail you can send me the equivalent amount in bitcoins?

I was gonna go through Madhatter's service....but I think he charges extra if you send US currency as opposed to Canadian currency.....does a respected forum member have a recommendation for me?

I would recommend my service since buying BTC for USD in the mail is free using my service. I don't charge any transaction fees or deposit fees. There is only a $5 shipping fee if you want me to send you cash by mail which only applies to people selling BTC. The prices are also based on current market prices rather than a spread. See the link in my signature.


If you're interested, I'm looking for third party payment processors to take different forms of payments and send me cash by mail and vice versa.