How to convert 1 bitcoin into usd or NZD

[viraaj]

I have one bitcoin, now its probably less after Mt.Gox fee and such. I am annoyed.
I just wanted to sell my one bitcoin and get some money but i realise its not that easy.
I just want to convert my one bitcoin into some actual money to see if i should invest into a better rig, but now im doubting such
an investment.
Anyone know how i can go about doing this?

[Stephen Gornick]

I just wanted to sell my one bitcoin and get some money but i realise its not that easy.

Do you have PayPal?  

You should be able to find someone on the #bitcoin-otc marketplace that will buy your bitcoin from you at the current market value and pay with PayPal (or other form of electronic payment).

The BItcoin-otc marketplace has a Web of Trust (WoT) with trust history, so you can lessen the chance of entering a trade and not getting paid (or seeing a chargeback later).

 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://bitcoin-otc.com/
 - http://bitcoin-otc.com/viewratings.php

For amounts larger than 1 BTC, then you might find it worth your while to go through the verification step with an exchange and use bank transfers.  For example:
 - http://bitnz.com/orders