GreenDot Money Pak Trade For BitCoins

[80sbaby]

Hey guys, im looking to exchange greendot money paks for bitcoins.

Name your prices and offers. And if i like, then we will complete this Sometime Tommorow morning.
Thanks.
You must be a a fairly trusted member here too.

[Stephen Gornick]

Name your prices and offers. And if i like, then we will complete this Sometime Tommorow morning.

By the way, the Bitcoin OTC web order book lists a standing order to sell BTC for MoneyPak, and another order to sell Mt. Gox USD for MoneyPak.
  http://bitcoin-otc.com/vieworderbook.php?notes=moneypak

[80sbaby]

well yeh but im looking for someone i can give the moneypak number too and then tell em where i want my bitcoins sent to.
they dont have people that do that?

[BitterTea]

Bitcoin OTC is a chat channel where individuals discuss/trade Bitcoin. There is an order book, which sgornick linked, where you can see who is selling what. Then just go to the chat and ask that individual to trade, and negotiate a deal.

[Keefe]

I can sell you BTC for MoneyPak at $0.813/BTC. I have a good reputation at bitcoin-otc.com. Deal?

[80sbaby]

I can sell you BTC for MoneyPak at $0.813/BTC. I have a good reputation at bitcoin-otc.com. Deal?

yeh thats cool.  so how much would it cost me to fund 300 bitcoins??

[BitterTea]

yeh thats cool.  so how much would it cost me to fund 300 bitcoins??

$243.90, plus $4.95 (I think) to buy the MoneyPak. I've also traded MoneyPak for Bitcoin with Keefe and it was very quick and easy.

[Cryptoman]

What's involved in determining if the Moneypak number is valid?  How long does it take?

[nanotube]

What's involved in determining if the Moneypak number is valid?  How long does it take?

if you deposit it into your paypal account, it is instant.

don't know the details of other methods though.

[BitterTea]

There's a balance inquiry form on their site: https://www.moneypak.com/BalanceInquiry.aspx

[mndrix]

What's involved in determining if the Moneypak number is valid?  How long does it take?

It's best to immediately use the funds on the Moneypak after a transaction (PayPal, refill a visa card, etc).  Otherwise, the one who sold the Moneypak could spend the pak elsewhere.  During any Moneypak transaction, the balance of the card is displayed on Green Dot's website for you to verify.

[80sbaby]

this was by far 1 of the easiest and fastest ways ive ever funded.

[BitterTea]

Yeah, MoneyPak is nice because all you need to transmit is the code. I believe that the limit is $1000 if purchased at WalMart, while it's $500 everywhere else.

[Cryptoman]

I see on the MoneyPak web site that it costs $4.95 or less.  Under what conditions is it less, and by how much?  Can you buy them with a credit card?

[BitterTea]

I see on the MoneyPak web site that it costs $4.95 or less.  Under what conditions is it less, and by how much?  Can you buy them with a credit card?

Cash only. I think there may be a store that offers them at a lower rate, but I could be wrong.

[mndrix]

If you use a MoneyPak to fund a Rixty account, Rixty refunds your $4.95 fee.  Perhaps that what they mean by less?