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1  Other / Beginners & Help / Re: How to exchange bitcoins to usd? on: March 15, 2014, 02:00:13 PM
Quote from: serje on March 15, 2014, 06:31:54 AM
Quote from: hurricandave on March 15, 2014, 06:22:09 AM
I live in the USA and have found Coinbase to be user friendly, a little slow if you don't have a Visa Credit Card to use as a back up verification but they will deposit directly to your bank!
In that case you can try coin.mx too

I've heard they have a deposit fee like 3.5% ... but you can use debit card


I knew how to buy bitcoins,  I just don't know how to cash the out and withdraw them from my wallet, back into my bank account
2  Other / Beginners & Help / Re: How to exchange bitcoins to usd? on: March 15, 2014, 06:09:26 AM
Quote from: cAPSLOCK on March 15, 2014, 05:47:01 AM
Quote from: shadow77 on March 15, 2014, 05:37:53 AM
Hi everyone, I was wondering how do you change your bitcoins to actual USD currency? and then after that how do you transfer it to your bank account?

I like this new.service.
https://bitsimple.com

How fast do transfers to your bank account take? Also how much does that site charge you?
3  Other / Beginners & Help / How to exchange bitcoins to usd? on: March 15, 2014, 05:37:53 AM
Hi everyone, I was wondering how do you change your bitcoins to actual USD currency? and then after that how do you transfer it to your bank account?
4  Economy / Lending / Re: Revised Loan request of 1.2btc on: March 10, 2014, 04:53:05 AM
Quote from: tkeod on March 09, 2014, 05:19:42 PM
Quote from: SlidingHorn on March 09, 2014, 05:10:14 PM
Quote from: tkeod on March 09, 2014, 04:36:57 PM
Quote from: SlidingHorn on March 09, 2014, 04:29:45 PM
Collateral in what form?

I have an all-in-one samsung desktop along with a Mossberg 715t and a little under 1000rnds.... not entirely sure if the Mossberg and rounds can be use with escrow, but I haven't read up on anything against it.

Very interesting collateral proposition...You will proabably need to look into shipping restrictions for firearms if sending it as such, though.

I know in order to ship a firearm to someone it must require a bill of sale. Also to whoever would like to take me up on this loan offer, I would discuss using the firearm as the interest. I rarely go shooting up here in Flagstaff anymore and it's been sitting in my closet for about two months. Also in order to ship to another state, I'd need to have a FFL send it to a FFL near the recipient's residence.

Would you consider paying btc for interest instead of using your firearm?
5  Economy / Lending / Re: How to use Escrow on: March 07, 2014, 01:20:03 AM
Quote from: Vod on March 07, 2014, 12:49:28 AM
Quote from: shadow77 on March 07, 2014, 12:47:21 AM
What would you guys say is a decent collateral for a 5btc loan?

Something you have (altcoins?) that the lender holds onto and can easily be resold for around $3,400 should you not pay back.

Okay that makes sense, my friend is looking to get the 5btc loan, I was looking to get around 10-15btc and was going to see if I could use my car title as collateral.
6  Economy / Lending / Re: How to use Escrow on: March 07, 2014, 12:47:21 AM
Quote from: Vod on March 07, 2014, 12:31:01 AM
Quote from: shadow77 on March 07, 2014, 12:22:49 AM
Hi guys,

I was wanting to get a loan for 5btc's and was trying to read up on how to use the Escrow services. The only question I have is how would I use the services if I would like to use my vehicle as collateral? I'm 100% confident I will have the loan paid off within 3 months but I just wanted to know how escrow would work. Also can you only use you vehicle as collateral if it's paid off?

If you have a lien on your vehicle already, you cannot use it as collateral.

It depends on the agreement you make with the lender.  Some lenders (if they live close to you) might allow you to continue driving the vehicle until you pay off the loan.   Others may require that you give the car to a third party escrow (again, near you) and the escrow holds it until you pay back the loan.



What would you guys say is a decent collateral for a 5btc loan?
7  Economy / Lending / How to use Escrow on: March 07, 2014, 12:22:49 AM
Hi guys,

I was wanting to get a loan for 5btc's and was trying to read up on how to use the Escrow services. The only question I have is how would I use the services if I would like to use my vehicle as collateral? I'm 100% confident I will have the loan paid off within 3 months but I just wanted to know how escrow would work. Also can you only use you vehicle as collateral if it's paid off?
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