TippingPoint (OP)
Legendary
Offline
Activity: 905
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/thumbup.gif) |
May 21, 2013, 02:35:04 AM Last edit: May 21, 2013, 04:30:46 AM by TippingPoint |
|
I received about $1200 USD worth of Bitcoins while engaged in internet commerce. I needed some cash to pay a bulldozer operator. I had never purchased any Bitcoins, so I did not have an online account to cash them out. So I looked around for some options. I found some local Bitcoin dealers on Craigslist http://www.craigslist.org/about/sites , and then noticed some of the same ones on LocalBitcoins.com https://localbitcoins.com/I ended up contacting a dealer who was only about two miles away from me. He sounded knowledgeable, confident, and was not "tricky" or evasive. We arranged to meet in a "safe location" that had security cams and free WiFi. I transferred my Bitcoins to an Electrum wallet on my laptop, and drove to meet him. We met. I booted up my laptop, I connected to the WiFi, I showed him the Electrum balance, he counted out the hundred dollar bills on the table (which I politely did not touch), he emailed me his Bitcoin wallet address, I transferred the Bitcoins to his wallet while he was monitoring the block chain, and I picked up the money and left. I had arrived in the future.
|
|
|
|
happybolla
Newbie
Offline
Activity: 12
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 02:37:34 AM |
|
Thank for share
|
|
|
|
Panth
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 03:01:00 AM |
|
Thanks for sharing your story. I've traded on Localbitcoins several times and loved it, the built in escrow was great as well as the SMS code integration.
|
|
|
|
s40ward
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 73
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 03:49:02 AM |
|
That's awesome! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
|
"The time you enjoy wasting is not wasted time." -Bertrand Russell --------------------------------------------------------------------------
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 03:50:22 AM |
|
That is a tipping point thanks for your share
|
Believing in Bitcoins and it's ability to change the world
|
|
|
carbocation
Newbie
Offline
Activity: 10
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 04:34:22 AM |
|
Somehow the fact that you needed to pay a bulldozer operator makes this story more interesting. It's like the old school meeting the new school in a good way.
|
|
|
|
DannyHamilton
Legendary
Offline
Activity: 3472
Merit: 4790
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 05:04:11 AM |
|
I received about $1200 USD worth of Bitcoins while engaged in internet commerce. I needed some cash to pay a bulldozer operator.
What a shame you couldn't convince the bulldozer operator to accept payment in bitcoins. I assume you at least asked? It would be a true shame if he was willing to accept bitcoins, but neither of you thought to mention the possibility to the other.
|
|
|
|
FinShaggy
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 196
Merit: 100
Google/YouTube
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:09:59 AM |
|
Glad to hear everything went well ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
If everyone is thinking outside the box, there is a new box.
|
|
|
qwerty1231121
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 72
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:22:54 AM |
|
That's great, hope that WDC will eventually allow the cryptocoins to arrive before he stopped counting the $$. That way the poor guy would not have to wait for the blocks to confirm (takes an hour sometimes).
|
|
|
|
maz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:23:05 AM |
|
The future eh? hmm I imagine a bitcoin watch or even a ring that lets you transfer funds by a handshake! lets get this simpler!
thanks for the experience.
|
|
|
|
FinShaggy
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 196
Merit: 100
Google/YouTube
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:39:23 AM |
|
The future eh? hmm I imagine a bitcoin watch or even a ring that lets you transfer funds by a handshake! lets get this simpler!
thanks for the experience.
That's a pretty cool idea... First we need gamboy type trading cables that connect 2 USBs and a screen.
|
If everyone is thinking outside the box, there is a new box.
|
|
|
Dexter44
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:45:44 AM |
|
Never sell bitcoin online
|
|
|
|
CoinCpu
Newbie
Offline
Activity: 6
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:50:00 AM |
|
Thanks for share, very helpful
|
|
|
|
caveden
Legendary
Offline
Activity: 1106
Merit: 1004
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 08:54:01 AM |
|
I received about $1200 USD worth of Bitcoins while engaged in internet commerce. I needed some cash to pay a bulldozer operator. ... I had arrived in the future.
Not yet. You'll be there the day the bulldozer operator gladly accepts your bitcoins. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
madkind
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 09:08:05 AM |
|
I wish I could do the same in my country.
|
|
|
|
valdepretium
Newbie
Offline
Activity: 40
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 09:25:02 AM |
|
Nice writeup, seemed to go smooth. How did you decide the exchange rate? Did you agree to a price before, or during the actual sale? Also, which exchange rate did you use? Mt.Gox? How many confirmations on the blockchain did he wait before he was satisfied? Hand-to-hands are the way to do it... (just ask Stringer Bell) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Coin4me
Newbie
Offline
Activity: 14
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 10:14:05 AM |
|
Nice post
|
|
|
|
naphto
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 10:26:45 AM |
|
he counted out the hundred dollar bills on the table (which I politely did not touch)
lol'ed
|
|
|
|
ghibly79
Legendary
Offline
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 10:30:13 AM |
|
Definetly another trade option to explore, thx.
|
|
|
|
jamiecon
Newbie
Offline
Activity: 2
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2013, 10:45:01 AM |
|
That's great, hope that WDC will eventually allow the cryptocoins to arrive before he stopped counting the $$. That way the poor guy would not have to wait for the blocks to confirm (takes an hour sometimes).
Sounds like the perfect opportunity for a cup of tea and a chat!
|
|
|
|
|