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Author Topic: Easiest way to sell paper wallets  (Read 818 times)
LogicalUnit (OP)
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April 03, 2016, 11:13:01 AM
 #1

Hi everyone,

I have three paper wallets with 1 BTC on each. I would like to sell them for AUD$500 each.

What's the best/safest way to do this?
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April 03, 2016, 11:27:51 AM
 #2

Hi everyone,

I have three paper wallets with 1 BTC on each. I would like to sell them for AUD$500 each.

What's the best/safest way to do this?
Use bitcointalk of course. Start a thread in Marketplace>Goods https://bitcointalk.org/index.php?board=51.0 section with description of your offer.
And pick reputable Escrow service to secure the deal. This way you won't be scammed by anyone.


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April 03, 2016, 01:08:27 PM
 #3

isn't the price of each wallet little high? the bitcoin price is 415 to 420,. why you want to buy your paper wallet for 500$?  I am just wondering. I didn't used paper wallet ever so may be your price is fair.
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April 03, 2016, 01:15:27 PM
 #4

isn't the price of each wallet little high? the bitcoin price is 415 to 420,. why you want to buy your paper wallet for 500$?  I am just wondering. I didn't used paper wallet ever so may be your price is fair.

500AUD(Australian Dollar) is 384 USD (US Dollar) so it's undervalue.
OP if you found any buyer and he is ok to send first the money then it's ok, otherwise i would suggest to contact an escrow so both of you will be safe.
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April 03, 2016, 04:20:44 PM
 #5

I think for selling a paper wallet you have to meet the people who want to buy in person, because the buyer must send the Bitcoin from the Paper Wallet to his wallet directly after the payment was done. If you use a shipping method, that won't be possible because it's too risky.
1 BTC is not a small amount,

faucet used to be profitable
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April 03, 2016, 06:40:19 PM
 #6

Are you only looking to do cash trades (Person to person)? Or do you accept other payment methods? Only asking because if you do accept other payment methods then you can simply load up those bitcoins in a wallet and sell them online without the paper, which would be much more convenient.

And if this is true:
isn't the price of each wallet little high? the bitcoin price is 415 to 420,. why you want to buy your paper wallet for 500$?  I am just wondering. I didn't used paper wallet ever so may be your price is fair.

500AUD(Australian Dollar) is 384 USD (US Dollar) so it's undervalue.
OP if you found any buyer and he is ok to send first the money then it's ok, otherwise i would suggest to contact an escrow so both of you will be safe.

Then anyone would take it off your hands very easily for that discounted amount. But if you're only looking to cash trades, then try Localbitcoins and search buyers near you.

 

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yenxz
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April 03, 2016, 07:38:03 PM
 #7

Hi everyone,

I have three paper wallets with 1 BTC on each. I would like to sell them for AUD$500 each.

What's the best/safest way to do this?
post it on goods section,have you try it?
i think its good rates,but i dont know how much AUD$500 in dollar Grin
and i think the safest way is use escrow and pay that escrow with your funds.
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April 10, 2016, 12:33:53 AM
 #8

What's the point of selling them like that? Redeem them and sell them on an exchange or localbitcoins. Way, way less hassle and risk.
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April 13, 2016, 06:04:32 AM
 #9

How can one be sure that you will not sweep the wallet just after receiving cash?  preffered method is via localbitcoins or an exchange like coinbase or bitstamp to get the money.

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April 13, 2016, 10:06:58 AM
 #10

Hi everyone,

I have three paper wallets with 1 BTC on each. I would like to sell them for AUD$500 each.

What's the best/safest way to do this?

Only just noticed this thread - Are you in Australia?  Do you still have them?  What's the wallet address?  (to verify that you have coins for sale).

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