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moko666
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November 01, 2014, 07:26:32 PM |
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you should search google if there is a bitcoin ATM in your city or nearby
other option is selling bitcoins to local buyers
you can find some on localbitcoins.com
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shockinglyugly
Newbie
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November 01, 2014, 11:57:11 PM |
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LocalBitcoins.com that is the only way to keep the middle man out of your pocket
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FattyMcButterpants
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November 02, 2014, 07:17:23 AM |
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LocalBitcoins.com that is the only way to keep the middle man out of your pocket
You will likely end up paying much higher "trading fees" (in that the price will be much worse then what you could otherwise get) then if you were using an exchange and withdrawing your money to your bank account when you trade via LBC (unless you act as a liquidity provider) |
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Armadillo
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November 03, 2014, 04:52:54 PM |
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What about cash by certified mail using a 2 of 3 multisig transaction with an arbitrator. Certified mail is fairly inexpensive and if you are doing larger amounts you can do registered mail with insurance.
I sold some btc and received cash via certified mail and it worked out perfectly.
If there was a problem, like the guy never sent the cash...I could just refuse to sign the multisig and the btc would not go the the buyer.
The arbitrator would be called in and then he makes a decision where the btc being held in the multisig address will go based on evidence provided by both parties.
It takes a lot of the risk out these types of transactions.
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letyouearn
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November 03, 2014, 05:08:45 PM |
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Its a better option to convert your bitcoins in to paypal money and get them transfer in your bank account . And you can withdraw your cash with no problem. Whenever i have some big amount of btc , i exchange them with my trusted eschanger . He transfer the paypal money in my paypal account in no time as soon as he receives the btc funds from me.
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Armadillo
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November 03, 2014, 05:39:39 PM |
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The keyword there is trust...
Multisig is trustless as long as you have a neutral arbitrator.
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Piston Honda
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Juicin' crypto
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November 03, 2014, 06:27:17 PM |
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I have a "guy" I use from localbitcoins.com
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$ADK ~ watch & learn...
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21coin
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November 05, 2014, 06:40:38 PM |
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yes ,
other option is go to localbitcoins.com and find a local buyer and deal with cash
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vincentdoss861
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November 07, 2014, 11:40:48 PM |
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Quick search brings up a plethora of attempts at a BTC debit card which would be great. They all have that "half ass" feel to them.
Does anyone know of any solid ways I can get cash from my BTC account that does NOT include a bank?
yeah i think so...but not sure...im a newbie here and try to read a lot of post... |
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marioantonini
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November 12, 2014, 09:23:26 PM |
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Why more exchange don't add a other solution payment like credit card recharged or other digital service?
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dontCAREhair
Member
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November 13, 2014, 07:04:01 AM |
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As mentioned a couple of times above your best bet would be to either use localbitcoins or a BTC ATM, or use the currency exchange section of this forum.
Either way you will likely receive an inferior price then if you were to use an exchange.
Hopefully as time progresses, merchant adoption will be great enough so that it will not be necessary to convert your bitcoin to fiat to use it in most use cases
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Cryptology
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In Cryptography We Trust
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November 13, 2014, 11:51:46 AM |
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Quick search brings up a plethora of attempts at a BTC debit card which would be great. They all have that "half ass" feel to them.
Does anyone know of any solid ways I can get cash from my BTC account that does NOT include a bank?
Selling to a trusted traded and cashing in via MoneyGram, WesternUnion or any other remittances services. https://bitcointalk.org/index.php?topic=649248.0 |
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