Bitcoin Forum
May 06, 2024, 03:25:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Easiest way to cash out of Vircurex?  (Read 1216 times)
gnarcoinguy (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
April 02, 2013, 06:39:45 PM
 #1

Anyone?  All those weird Aurumexchange 'currencies' are really confusing.
1715009119
Hero Member
*
Offline Offline

Posts: 1715009119

View Profile Personal Message (Offline)

Ignore
1715009119
Reply with quote  #2

1715009119
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
MaGNeT
Legendary
*
Offline Offline

Activity: 1526
Merit: 1002


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
April 02, 2013, 06:41:29 PM
 #2

Did you sell for Dollars? Who uses Dollars? I always sell for BTC...
gnarcoinguy (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
April 02, 2013, 06:43:01 PM
 #3

Yeah got some USD.  I figure I can use it to cover my initial costs getting into the game...
MaGNeT
Legendary
*
Offline Offline

Activity: 1526
Merit: 1002


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
April 02, 2013, 06:45:27 PM
 #4

Yeah got some USD.  I figure I can use it to cover my initial costs getting into the game...

Why not just wait for it to go up? Don't you trust the coin you are mining?
gnarcoinguy (OP)
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
April 02, 2013, 06:48:19 PM
 #5

Yeah got some USD.  I figure I can use it to cover my initial costs getting into the game...

Why not just wait for it to go up? Don't you trust the coin you are mining?

Sure do.  But I'd like to take some of my profits now and put them into a new mining rig.  Can't buy from Newegg with cryptocoins unfortunately....
Walter Rothbard
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm


View Profile WWW
April 02, 2013, 06:53:31 PM
 #6

You've really only got two ways to get fiat out of Vircurex: VouchX, or coupon codes.

You can sell Vircurex coupon codes to anyone who will buy from you.  I don't know any businesses that will buy them yet.  If I had a little more fiat lying around today I might be interested, but I just bought something else. Smiley

For your other option, VouchX, you can sell through AurumXChange or bitinstant.com.  You can take a look at bitinstant's payout methods and see if one of them suits your needs.  VouchX can also be deposited at several other exchanges.

Alternatively, you can delay fiat altogether: buy BTC and transfer BTC out of Vircurex to somewhere else like, say coinbase, where you can sell BTC for a deposit into your checking account.  Or you could buy BTC on Vircurex and turn around and resell to fastcash4bitcoins.com.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!