Going from BTC to Real USD

[KnuttyD]

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!

[KnuttyD]

Maybe this was posted in the wrong section?
I havent been able to find any other information on this in other posts.

[proudhon]

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.

[gusti]

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.

[KnuttyD]

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?

[gusti]

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.

[KnuttyD]

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.

[gusti]

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.