KnuttyD (OP)
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Merit: 11
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April 24, 2011, 11:05:37 PM |
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I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc ( https://www.bitcoin2cc.com/), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! |
If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
1KVadqbELY3KuJhkm9rDtcwxZknhRsfPHY
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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KnuttyD (OP)
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April 24, 2011, 11:18:09 PM |
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Maybe this was posted in the wrong section?
I havent been able to find any other information on this in other posts.
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If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
1KVadqbELY3KuJhkm9rDtcwxZknhRsfPHY
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proudhon
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April 24, 2011, 11:21:55 PM |
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Yeah, this is the real trick. I'd also like to know how people are making this transaction. At the end of the day, I need to pay for the power that my miner is consuming and as it turns out my power company doesn't accept BTCs as payment.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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gusti
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Activity: 1099
Merit: 1000
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April 24, 2011, 11:25:21 PM |
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I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc ( https://www.bitcoin2cc.com/), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR. |
If you don't own the private keys, you don't own the coins.
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KnuttyD (OP)
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Activity: 109
Merit: 11
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April 24, 2011, 11:26:34 PM |
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I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc ( https://www.bitcoin2cc.com/), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR. There is an 800$ minimum for the direct deposit though, correct? |
If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
1KVadqbELY3KuJhkm9rDtcwxZknhRsfPHY
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gusti
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Activity: 1099
Merit: 1000
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April 24, 2011, 11:30:00 PM |
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From Mtgox :
"Send Money
Send USD or BTC for free to anyone with an email address.
You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. "
No indication about such USD 800 minimum.
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If you don't own the private keys, you don't own the coins.
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KnuttyD (OP)
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Activity: 109
Merit: 11
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April 24, 2011, 11:35:44 PM |
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From Mtgox :
"Send Money
Send USD or BTC for free to anyone with an email address.
You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. "
No indication about such USD 800 minimum.
Thats just sending money. So how would I use that to wire money to a bank account, or have cash sent to me? I need USD that I can put in a bank account, so I can pay my electric bill. |
If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
1KVadqbELY3KuJhkm9rDtcwxZknhRsfPHY
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gusti
Legendary
Offline
Activity: 1099
Merit: 1000
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April 24, 2011, 11:39:08 PM |
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From Mtgox :
"Send Money
Send USD or BTC for free to anyone with an email address.
You can send money to anyone with an email address. If they have a Mt Gox account the funds will show up in their account. If they don't have one then they will be emailed instructions for claiming their money. "
No indication about such USD 800 minimum.
Thats just sending money. So how would I use that to wire money to a bank account, or have cash sent to me? I need USD that I can put in a bank account, so I can pay my electric bill. The buyer of your mtgox USD can send you a bank transfer, Paypal, Western Union. |
If you don't own the private keys, you don't own the coins.
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