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Author Topic: How To Turn Bitcoin Into Money?  (Read 2680 times)
Dave90210 (OP)
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August 29, 2013, 02:32:19 AM
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Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?
Cyberdyne
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August 29, 2013, 02:35:30 AM
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Bitcoin is money. The End.

Although if you want other types of money, I'd say try localbitcoins.com first.
millsdmb
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August 29, 2013, 02:39:07 AM
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Bitcoin is money. The End.

Although if you want other types of money, I'd say try localbitcoins.com first.


acquire bitcoins
hold them
sell on exchange

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
adamstgBit
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August 29, 2013, 02:52:47 AM
 #4

Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.

Dave90210 (OP)
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August 29, 2013, 04:03:54 AM
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How exactly do you get USD using P2P exchanges? 


Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.

franky1
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August 29, 2013, 04:31:21 AM
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how to turn bitcoin into money?

well id say avoid paypal.

paypal is not money. paypal is just another database showing a balance. it is not legal tender to pay taxes and you cant buy alot of things with it unless its affiliated with paypal.

if you want money. IE legal tender. then id say use localbitcoins.com.

if you want to turn bitcoins into another digital currency that 'represents' FIAT IE Paypal, then you will have to be careful and find a proper exchange that can be trusted, because once you hand over your bitcoins there has been many cases that the new owner of your bitcoins will do a chargeback on your paypal account.

with the exchange rate some people do for a bitcoin-paypal swap, and then paypal fee's later on to buy the product you want. you may be better off looking around retail shops/pawn brokers for the item you require and simply cashing out bitcoin to proper legal tender.

paypal and bitcoin have many bad instances of trades, whether its paypal freezing paypal balances due to their own policies, or scammers getting refunds. paypal is not always worth the effort.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
adamstgBit
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August 29, 2013, 04:42:44 AM
 #7

How exactly do you get USD using P2P exchanges?  


Is there a service out there where you can transfer your Bitcoin to PayPal? What are some reputable web sites that will allow you to cash out your Bitcoins for money?

yes their are a few... google it?

you can try bitcoinary.com for a P2P excahge of  BTC/PPUSD

and their are many many other ways, generally people don't mind taking your bitcoin and giving you PPUSD because they have no chance to get a chargeback.


you can send me a bitcoin and i'll send you PPUSD

you wana trade?

yurimir
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August 29, 2013, 07:29:20 AM
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localbitcoins.com - good service for bitcoin - paypal $ exchange  Smiley
aceking
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August 29, 2013, 07:41:32 AM
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be careful with paypal , charge back is coming  Angry
Jace
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August 29, 2013, 08:39:35 AM
 #10

Bitcoin is money. The End.
This.

People should stop seeing Bitcoin as some vehicle to make Euros or Dollars, but as a favorable ALTERNATIVE to Euros or Dollars.


Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
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