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I want pay for my Education by Converting Bitcoin TO USD
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Topic: I want pay for my Education by Converting Bitcoin TO USD (Read 1081 times)
soumyasmruti
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I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 08:17:54 AM
#1
Can Bit coins be converted to USD. I need to convert 50 bit coins to USD. Is it possible?
beetcoin
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 08:21:11 AM
#2
yes but should the government decide to regulate BTC, they might track your transactions and bust you later down the line.
you could buy gift cards, or use person-to-person cash exchanges on localbitcoins if you like.
bitcoinlovesme
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 08:26:41 AM
#3
Yes, you can do that. At the moment one university is accepting payments for tutions in BTC...
beetcoin
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 08:37:21 AM
#4
he should cash out when he wants to. there's no telling that we'll even reach $1,000.. if by paying off his loans, he can get some peace of mind, then why not?
Slinker
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 09:12:49 AM
#5
there r ton of sites from where u can exchange btc>usd here r few
okpay
mtgox
btc-e
majorX
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 09:16:00 AM
#6
Quote from: beetcoin on November 26, 2013, 08:21:11 AM
yes but should the government decide to regulate BTC, they might track your transactions and bust you later down the line.
Just exchange the 50 BTC to USD at exchange or localbitcoins, and pay tax from your income.
soumyasmruti
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 09:56:00 AM
#7
Thanks all for the overwhelming response.
Going by today's rate on MTGOX 50 coins($40,000) are sufficient to fund my education.
I am ready to pay taxes and follow all the rules. But I am from a country outside US.
Even if I convert the bitcoins into USD in which account will I get the money. Do I need to have a local bank account in US?
First of all I need to raise 50 bit coins. Where can I find some one or group of people who are willing to donate this much amount.
xchanga.com
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 10:52:49 AM
#8
education is the key please go for it.
Bitcoins at rate 430 - 440 usd.
www.xchanga.com
Is d The Best Place to get Your Bitcoins. Try us & See the Difference.
OGskunk
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 11:01:27 AM
#9
good job on using bitcoins to pay for schooling
Flashman
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Hodl!
Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 11:06:04 AM
#10
Quote from: soumyasmruti on November 26, 2013, 09:56:00 AM
First of all I need to raise 50 bit coins. Where can I find some one or group of people who are willing to donate this much amount.
MtGox will if you deposit $40,000 USD
TL;DR
See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian:
Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
niothor
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 11:10:45 AM
#11
Quote from: soumyasmruti on November 26, 2013, 09:56:00 AM
Thanks all for the overwhelming response.
Going by today's rate on MTGOX 50 coins($40,000) are sufficient to fund my education.
I am ready to pay taxes and follow all the rules. But I am from a country outside US.
Even if I convert the bitcoins into USD in which account will I get the money. Do I need to have a local bank account in US?
First of all I need to raise 50 bit coins. Where can I find some one or group of people who are willing to donate this much amount.
Oh , this made my day.
Really?
??
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soumyasmruti
(OP)
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 11:25:50 AM
#12
Yeah. Getting easy money is always good.
But can you suggest me how to earn bit coins? So that I can start with primedice.com.
At least 1.
niothor
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 12:14:28 PM
#13
Quote from: soumyasmruti on November 26, 2013, 11:25:50 AM
Yeah. Getting easy money is always good.
But can you suggest me how to earn bit coins? So that I can start with primedice.com.
At least 1.
I can suggest you to use you're first coin more wisely.
And gamble only what you can afford to lose.
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andreja1982
Member
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 12:23:22 PM
#14
Well, the first problem is that you dont have BTC.
The second problem is that you dont know basics of BTC ( wiki, forums??)
The third problem is that nobody knows who are you? maybe youre 10yrs boy or girl, maybe 40 yrs.......
The secod problem is the smallest problem so start with no. 2
NEM NEM NEM NEM NEM NEM NEM NEM NEM
soumyasmruti
(OP)
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:08:26 PM
#15
Yeah I don't have bit coin and I am in no position to buy at least one.
Regarding knowing about bitcoins, I have researched a lot and have a fair idea.
It will be good if to direct me in correct path where can I accumulate bit coins.
...
OnkelPaul
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:18:52 PM
#16
Bitcoin is money.
You know how to get money? Work hard, sell something valuable that you own.
Begging for $40000 won't do.
Onkel Paul
BITMIXER.IO
High Volume Bitcoin MIXER
Damnsammit
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:20:39 PM
#17
Damn! It must be nice to have 50 bitcoins and no clue how to cash them out
silverzx
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:21:05 PM
#18
What a useless thread.
niothor
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Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:21:28 PM
#19
Quote from: Damnsammit on November 26, 2013, 03:20:39 PM
Damn! It must be nice to have 50 bitcoins and no clue how to cash them out
He doesn't have them , he wants them !!!!!!!!!
FOR FREE!
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A Non-Code Platform for
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Damnsammit
Sr. Member
Offline
Activity: 406
Merit: 250
Re: I want pay for my Education by Converting Bitcoin TO USD
November 26, 2013, 03:28:36 PM
#20
Quote from: niothor on November 26, 2013, 03:21:28 PM
Quote from: Damnsammit on November 26, 2013, 03:20:39 PM
Damn! It must be nice to have 50 bitcoins and no clue how to cash them out
He doesn't have them , he wants them !!!!!!!!!
FOR FREE!
hahahahha that's what I get for not reading the whole thread...
If anyone is handing out bitcoins, I will take .5 or 1% of what OP is asking for
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