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Author Topic: I want to sell my Bitcoins to Private People - How to do ?  (Read 518 times)
Sioux (OP)
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May 28, 2013, 10:42:40 AM
 #1

I am looking for people that buy my bitcoins the following way.

-I send you the BTC to your BTC adress
-You pay me with IBAN Bank transfer to my online european bank account
 -I sell the Coins always 1 dollar under the current MTGOX BTC price for 1 BTC
 -looking for a total of about 20+ BTC a week if bank transfers are fast enough

Is there a way to make this safe for both sides
and no fees?
(no paypal --> fees are to high)
(No MTGOX too slow)

Any escrow websides?

Im not trying to scew anyone - 100% serious
leigl
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May 28, 2013, 10:44:10 AM
 #2

How many bitcoins are you looking to sell?
I need to buy about 15
escrow.ms
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May 28, 2013, 10:48:55 AM
 #3

There are some escrow website but don't trust them with big amounts.

I will suggest you to use John K.'s escrow service

https://bitcointalk.org/index.php?action=profile;u=31288
🏰 TradeFortress 🏰
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May 28, 2013, 10:49:35 AM
 #4

Yeah, go with John.
Sioux (OP)
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May 28, 2013, 11:17:57 AM
Last edit: May 28, 2013, 11:32:41 AM by Sioux
 #5

How many bitcoins are you looking to sell?
I need to buy about 15

At first I am looking for people
that are willing to buy 11+ BTC
I can do this every 3-5 Days depends on transaction speed

When the bank transfer from US, Australia,... is fast

How much does it cost when transfering ~1300 Dollars
ONLINE from an US Bank to an European Bank Account?
(Bank fees convertion DOLLAR in EURO)


ScottJD
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May 28, 2013, 12:24:48 PM
 #6

In the UK I use Bit Bargain and Local Bitcoins.

I have used both and both had very smooth transactions.
SolarSilver
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May 28, 2013, 08:36:18 PM
 #7

Is there a way to make this safe for both sides

Unfortunately you will run the risk of ending up as a mule for scammers and crackers, whitewashing their dirty IBAN transfers into untraceable BTC.

I don't see a simple solution unless you involve out of band communication like a registered letter from the bank account owner, signing the agreement to send you the money and get BTC in return.

But this would introduce huge delays that would scare potential customers.
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