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Title: How/Where to sell BTC, Newbie european user Post by: maxcorrads on May 06, 2011, 10:09:14 AM Hi,
i'm a new user (hello to all!:)), i live in Italy [Europe], i started mining some bitcoin few days ago and now i'm wondering how to sell BTC. I'm in a mining pool (deepbit.net). Where can i sell BTC? Thank you all, sorry for my bad english, i hope you can forgive me i've studied it at school and I have not exercised much!! :) Title: Re: How/Where to sell BTC, Newbie european user Post by: ploum on May 06, 2011, 10:18:26 AM Easy: http://bitmarket.eu
That way, you can sell and buy bitcoins and be paid with IBAN transfers (which are legally not more expensive than any national wire transfer). Only warning: don't release the bitcoin as long as you don't see the money on your account. If you want to sell them quickly, I might buy them for euros. Tell me how much and at which price by PM. Title: Re: How/Where to sell BTC, Newbie european user Post by: hiVe on May 06, 2011, 12:34:13 PM Since CoinCard isn't functional anymore, I tend to do my trades via bitmarket.
Although there is one other option left, and that is a mtGox bank transfer for sums over 800$ [US only?]...not sure how that works though -> there doesn't seem to be any option indicating this on the site. Title: Re: How/Where to sell BTC, Newbie european user Post by: ploum on May 06, 2011, 12:45:36 PM mtgox is working well for European people because they have an European bank account. The only problem is that they use dollars, which means that you will loose some money in the dollars->euro conversion.
But it could worth the trouble. Title: Re: How/Where to sell BTC, Newbie european user Post by: grondilu on May 06, 2011, 01:16:17 PM You can fork my website, check out on my signature. It's fully open source: http://s0.barwen.ch/~grondilu/cgi-bin/eurobitcoin.cgi?show_source=yes
Basically you'll just have to translate it into italian. Title: Re: How/Where to sell BTC, Newbie european user Post by: barbarousrelic on May 06, 2011, 01:26:38 PM Buy things on biddingpond.com. Oftentimes you'll see people selling cash on there.
Title: Re: How/Where to sell BTC, Newbie european user Post by: jed on May 06, 2011, 01:30:57 PM ploum: You don't lose money in the mtgox conversion. Your Euro are just displayed as dollars. Your Euros stay in a Euro account
Title: Re: How/Where to sell BTC, Newbie european user Post by: maxcorrads on May 09, 2011, 01:33:17 PM I think i will try mtgox, today i've tried to sell 14,92 BTC at bitcoin-otc IRC with no success.
Thank you all for the reply! Title: Re: How/Where to sell BTC, Newbie european user Post by: MagicalTux on May 09, 2011, 02:06:17 PM mtgox is working well for European people because they have an European bank account. The only problem is that they use dollars, which means that you will loose some money in the dollars->euro conversion. But it could worth the trouble. For the USD->EUR exchange we apply ECB's raw rate as published on [ecb euroxref]. It should be quite lossless. We do however have some troubles with the bank billing us incredible fees to get stuff working. Title: Re: How/Where to sell BTC, Newbie european user Post by: hiVe on May 09, 2011, 02:45:12 PM mtgox is working well for European people because they have an European bank account. The only problem is that they use dollars, which means that you will loose some money in the dollars->euro conversion. But it could worth the trouble. For the USD->EUR exchange we apply ECB's raw rate as published on [ecb euroxref]. It should be quite lossless. We do however have some troubles with the bank billing us incredible fees to get stuff working. Thats weird, transaction costs within SEPA zone should be absolutely minimal :o Are you potentially considering taking down the Euro withdrawal service from mtGox in the future for any reason? [such as high costs] I hope not :) Title: Re: How/Where to sell BTC, Newbie european user Post by: maxcorrads on May 09, 2011, 02:50:49 PM Ok, successfully sold my Bitcoin, wire transfert requested, Thanks again!
Title: Re: How/Where to sell BTC, Newbie european user Post by: davout on May 09, 2011, 02:55:45 PM Thats weird, transaction costs within SEPA zone should be absolutely minimal :o Are you potentially considering taking down the Euro withdrawal service from mtGox in the future for any reason? [such as high costs] I hope not :) SEPA wires are =~free, it's the currency exchange part that is heavily charged Title: Re: How/Where to sell BTC, Newbie european user Post by: Darth Severus on May 10, 2011, 08:41:05 AM SEPA wires are =~free, it's the currency exchange part that is heavily charged Thought the same for transfers inside EU, but I was informed are not free in all countries. EU law says only they are allowed to cost as much as national transfers. However, in most cases the should be free.Title: Re: How/Where to sell BTC, Newbie european user Post by: fasti on May 10, 2011, 01:47:59 PM Has been free(?) for me. Within 0.01 error for with ECB rate + 2% fee.
Title: Re: How/Where to sell BTC, Newbie european user Post by: MagicalTux on May 10, 2011, 03:49:35 PM Thats weird, transaction costs within SEPA zone should be absolutely minimal :o Are you potentially considering taking down the Euro withdrawal service from mtGox in the future for any reason? [such as high costs] I hope not :) SEPA wires are =~free, it's the currency exchange part that is heavily charged Since we manage large amount of funds with a really high cash flow (funds gets in and out quite fast), we are charged 0.4% for any cash move (incoming SEPA, outgoing SEPA, etc). There is also processing fees for automated batch, and all the misc stuff (customs declaration fees, and more). I am evaluating possibilities to move this to something cheaper, and negociating with various banks so we can (hopefully) offer a cheaper service for our customers one day. Title: Re: How/Where to sell BTC, Newbie european user Post by: Unhumanje on May 10, 2011, 03:55:54 PM Same story here - I am pretty new to the system and have been generally just mining on my prepaid university electricity :P I used to sell my bitcoins at coincard, but since it shut down I don't know where to sell them :( Biggest problem is I currently only have a paypal account (no bank account sorta,or at least not mine). Can you recommend me something ?
Title: Re: How/Where to sell BTC, Newbie european user Post by: hiVe on May 10, 2011, 08:14:51 PM w/o a bank account you're pretty much screwed dude...its the basis for everything in the world :o
study first, grow up, pay for your elec. like everybody here does and don't rip taxpayers money off by using it that way..then come back :) Title: Re: How/Where to sell BTC, Newbie european user Post by: Unhumanje on May 11, 2011, 08:14:15 AM First of, I don't see why exactly do I need to have finished studying to use BitCoins? Second, I DO pay for electricity in a way that it is included in my insane priced rent. I honestly got really pissed by your cheap ass and aggressive comment that doesn't provide absolutely ANYTHING useful except for pure puberty aggression. Thanks for your time, but your lame remarks are of no help to no one. Go learn some basic communication ethics, get a brain and come back. :)
Title: Re: How/Where to sell BTC, Newbie european user Post by: hiVe on May 11, 2011, 08:33:24 AM Talk about aggressive. ::)
Title: Re: How/Where to sell BTC, Newbie european user Post by: coga on July 27, 2011, 06:45:54 PM does amazon.com ship to Italy? You could order amazon gift cards at btcbuy.info (http://btcbuy.info) and just use them instead of money
Title: Re: How/Where to sell BTC, Newbie european user Post by: Nicolai Larsen on August 02, 2011, 01:02:04 PM www.bitcoin7.com deals with EUR. I use it and it works ^^
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