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Author Topic: Cashing out  (Read 1072 times)
geekmom (OP)
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May 06, 2013, 10:22:49 PM
Last edit: May 07, 2013, 12:32:20 AM by geekmom
 #1

A friend of mine says use btcpak to cash out, but it looks like they aren't open. Is there another trustworthy place to cashout? I have like 1.04 btc and want to test it.

ETA: I want to cash out with a service that provides MP. No offense, but blindly giving someone who has a 5 day old account on a forum doesn't sound like safe trading.

Thank you!
anyroll
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May 06, 2013, 10:49:48 PM
 #2

Dude theres plenty use the internets
xcezzz
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May 06, 2013, 11:13:30 PM
 #3

localbitcoins.com
geekmom (OP)
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May 06, 2013, 11:31:40 PM
 #4

Thank you, but it has to be online and moneypak preferred.
Snapples
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May 07, 2013, 12:42:33 AM
 #5

Coinbase or Mt.Gox -> Dwolla
pheaonix
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May 07, 2013, 12:45:36 AM
 #6

send 1.04 to

1EkKUeLSF8rmfY1485P7Ph1Der8w9Bchc9

and i will send you 100$ moneypak

you either send first or we can use john as escrow

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
geekmom (OP)
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May 07, 2013, 02:04:49 AM
 #7

OK thanks, but I'm not sure who John is?

send 1.04 to

1EkKUeLSF8rmfY1485P7Ph1Der8w9Bchc9

and i will send you 100$ moneypak

you either send first or we can use john as escrow
vcsmith
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May 07, 2013, 02:07:54 AM
 #8

coinabul.com if you want to cash out in bullion.
whitefeather
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May 07, 2013, 02:12:39 AM
 #9

A friend of mine says use btcpak to cash out, but it looks like they aren't open.

Is btcpak out for good? I too have not seen any amounts from their pull-down menu for quite some time. Any insight appreciated.
pheaonix
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May 07, 2013, 02:52:48 AM
 #10

OK thanks, but I'm not sure who John is?

send 1.04 to

1EkKUeLSF8rmfY1485P7Ph1Der8w9Bchc9

and i will send you 100$ moneypak

you either send first or we can use john as escrow

john is a highly trusted member on this forum that does escrows all of the time.

https://bitcointalk.org/index.php?topic=141672.0

is only needed if you don't trust me ;P

i have done a few transactions on these forums and several hundred on a popular game trading website.

i am not sure if my local walmart is still open for transactions if you needed to do this tonight.

how i would like to do this is as follows

1: you send the btc to me or john (after pming john and letting him know the details)
2: i go down to walmart and pick up 100$ moneypak
3: send you moneypak
(4: if escrow) you tell john i have sent moneypak, and he releases funds to me

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
fourkey2001
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May 07, 2013, 02:54:10 AM
 #11

BTC to go down to $50... sell sell sell
CaptainBobster
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May 07, 2013, 03:35:59 AM
 #12

BTC to go down to $50... sell sell sell

Do you have a source for this? The price has been oscillating between $90-$130 for weeks.
anyroll
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May 07, 2013, 03:45:01 AM
 #13

I totally agree with everything said in the thread.
geekmom (OP)
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May 07, 2013, 07:16:13 PM
 #14

It worked out well. Thank you, pheaonix, for a great transaction.
eddyfitz
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May 07, 2013, 07:18:13 PM
 #15

Coinbase or Mt.Gox -> Dwolla

I vote for Dwolla as well
RodeoX
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May 07, 2013, 07:22:34 PM
 #16

Might I suggest buying stuff as a way of "cashing out". Remember that with BTC you already have cash, cash you can spend the world over. Sellers are sometimes so eager to get bitcoin that deals can be found.
I know your a blogger. If you use wordpress you can pay up your account in BTC, for example.

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lytecoin
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May 07, 2013, 08:23:34 PM
 #17

If you are familiar with IRC, you can go to #bitcoin-otc.  You can view the order book at http://bitcoin-otc.com/vieworderbook.php
Surprise
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May 07, 2013, 08:24:01 PM
 #18

BTC to go down to $50... sell sell sell

That doesn't sound like baseless price speculation... at all...

eddyfitz
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May 07, 2013, 08:36:13 PM
 #19

BTC to go down to $50... sell sell sell

I guess same post on excange's chat will do more effort....
geekmom (OP)
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May 07, 2013, 09:16:25 PM
 #20

Might I suggest buying stuff as a way of "cashing out". Remember that with BTC you already have cash, cash you can spend the world over. Sellers are sometimes so eager to get bitcoin that deals can be found.
I know your a blogger. If you use wordpress you can pay up your account in BTC, for example.

I agree with this, but I'm just testing all the different options for a review. I'm trying to talk my hosting company into using bitcoin as my domain provider already does.
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