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Author Topic: Buying BTC for AUD  (Read 2196 times)
BitPiggy
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April 26, 2011, 08:39:43 PM
 #1

Hi all,

If anyone is looking to sell BTC for AUD, I would be keen to buy them, at good market rates.  I'd be looking to buy anywhere from 10-200 BTC, and possibly more if the rates are good.

I'm in Melbourne, so I could give you cash in person.  Otherwise I could do some online transfer like Paypal-to-Paypal, but you'd need to establish your credibility.

Cheers

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
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Inaba
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April 27, 2011, 04:04:37 AM
 #2

Gah... I just got back from Australia and got raped on the exchange rate. I would have sold you 200 BTC in a heartbeat while I was there!

Fark

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
Anonymous
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April 27, 2011, 04:26:26 AM
 #3

Hi all,

If anyone is looking to sell BTC for AUD, I would be keen to buy them, at good market rates.  I'd be looking to buy anywhere from 10-200 BTC, and possibly more if the rates are good.

I'm in Melbourne, so I could give you cash in person.  Otherwise I could do some online transfer like Paypal-to-Paypal, but you'd need to establish your credibility.

Cheers

I can help. I do bank transfers and AUD paypal for mt gox rates + 5%



I have a good rating on #bitcoin-otc
http://bitcoin-otc.com/viewratingdetail.php?nick=noagendamarket&sign=ANY&type=RECV


Also we have an australian irc channel at #bitcoin-aus and a site at http://bitcoin.com.au
No trading there yet though.
BitPiggy
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April 28, 2011, 12:36:34 AM
 #4

Coolies!

Let me get back to you later today.  Bit busy at the moment.

Many thanks,
~Mat

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
BitPiggy
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April 30, 2011, 07:42:54 AM
 #5

Apologies for taking a long time to get back to you. 

I just sent you a message on your bitcoin.com.au website (using "Contact" page).

Cheers,
~Mat

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
BitPiggy
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May 22, 2011, 08:28:27 AM
 #6

Just an update.  I've somewhat solved this problem myself- I setup BitPiggy.com.  Anyone with an Australian bank account can use it to buy and sell BitCoins for AUD.

I still need to drop into the IRC channel.  Been too busy finishing off BitPiggy!

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
adrian33
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May 22, 2011, 08:48:45 AM
 #7

If you have an ANZ bank account, just use their internet banking, enable international transfers from within it, then do a wire transfer to Mt Gox (after you signup and ask for their account details). Within the ANZ transfer screens, it will ask you what currency to transfer in, and just pick USD. Your AUD will be converted before sending. It's simple.

BitPiggy
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May 22, 2011, 08:56:40 AM
 #8

Ah thanks! I totally didn't realize it was that easy.  I though you had to use things like Paxum, Liberty Exchange, etc.

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
42kang
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May 25, 2011, 03:52:00 AM
 #9

So how does bitpiggy work?

Do you wait untill there are 2 people wanting the opposite of the other and then escrow that transaction between them or have you bought a ton of bitcoins yourself and hope to mark them up a little through bitpiggy?
BitPiggy
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May 25, 2011, 10:28:01 AM
 #10

To 42kang,

I try to run BitPiggy like your average currency exchange, so the idea is:

1) Its a place where people can always buy or sell BitCoins, no questions asked, so long as BitPiggy has enough funds (either BitCoins or Australian Dollars).
2) BitPiggy does not necessarily have to have large reserves of either BitCoins or Australian Dollars, so long as enough people with both AUD and BTC keep wanting to swap for the other.  

Since it is starting out, I don't have large reserves of BitCoins, and would not necessarily want to.  There will likely be some rough spots (like today when I let the BitCoin balance run down to zero!).  But otherwise, think of BitPiggy as a way to convert one to the other.

If you have any other questions, let me know.  Can post here or DM me on twitter @bitpiggy.

~Mat

http://BitPiggy.com: Australian Dollars (AUD) to BitCoin exchange
@bitpiggy

Me: Ruby on Rails developer, 12+ years programming experience.
@matholroyd, http://www.linkedin.com/in/matholroyd
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