KnuttyD (OP)
Member
Offline
Activity: 109
Merit: 11
|
|
April 24, 2011, 11:05:37 PM |
|
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
|
|
|
|
|
|
|
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
KnuttyD (OP)
Member
Offline
Activity: 109
Merit: 11
|
|
April 24, 2011, 11:18:09 PM |
|
Maybe this was posted in the wrong section? I havent been able to find any other information on this in other posts.
|
If I helped you in some way, and you feel obligated to do so, you can tip me some coin! 1KVadqbELY3KuJhkm9rDtcwxZknhRsfPHY
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
April 24, 2011, 11:21:55 PM |
|
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.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
gusti
Legendary
Offline
Activity: 1099
Merit: 1000
|
|
April 24, 2011, 11:25:21 PM |
|
I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc ( https://www.bitcoin2cc.com/), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR.
|
If you don't own the private keys, you don't own the coins.
|
|
|
KnuttyD (OP)
Member
Offline
Activity: 109
Merit: 11
|
|
April 24, 2011, 11:26:34 PM |
|
I was wondering what you guys do to convert your generated Bitcoins to real cash? I see there is a service bitcoin2cc ( https://www.bitcoin2cc.com/), but I have Liberty Reserve funds right now that I want to convert. Once you go from btc -> mtgox -> liberty reserve, which exchange service do you personally use to convert that to USD? I heard ExchangeZone is popular, but it has been down a while for maintenance. Thanks! I suggest you sell your mtgox USD directly, without passing through LR. There is an 800$ 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
|
|
|
gusti
Legendary
Offline
Activity: 1099
Merit: 1000
|
|
April 24, 2011, 11:30:00 PM |
|
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.
|
If you don't own the private keys, you don't own the coins.
|
|
|
KnuttyD (OP)
Member
Offline
Activity: 109
Merit: 11
|
|
April 24, 2011, 11:35:44 PM |
|
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
|
|
|
gusti
Legendary
Offline
Activity: 1099
Merit: 1000
|
|
April 24, 2011, 11:39:08 PM |
|
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.
|
|
|
|