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Topic: best method to unload coins.. (Read 1327 times)

legendary
Activity: 910
Merit: 1000
December 02, 2013, 07:09:13 AM
#22
I've been having a lot of difficulties purchasing coins, I cant imagine how it is to unload them..

Have you tried localbitcoins?
It is the easiest one to use IMO.
newbie
Activity: 2
Merit: 0
December 02, 2013, 07:06:42 AM
#21
I've been having a lot of difficulties purchasing coins, I cant imagine how it is to unload them..
full member
Activity: 238
Merit: 100
December 02, 2013, 06:52:13 AM
#20
I have 4100 to unload myself.  Privacy is important.   Wink

If you want to send them over to me, I have no problem getting things private! Cheesy

I'm almost at 1.... Sad


 Cheesy
hero member
Activity: 826
Merit: 501
in defi we trust
December 02, 2013, 04:57:59 AM
#19
why would you unload coins at the present time?
btc are bound to rise. I see no reason to convert into fiat unless you got financial difficulties in the dollarworld.

you seem quite comfortable with the recent explosion of bitcoins.. but any time it triples within 1-2 weeks, there are bound to be plenty people who are concerned with a bubble.

Are you still concerned with that bubble thingy?
sr. member
Activity: 434
Merit: 250
November 08, 2013, 03:39:21 PM
#18
why would you unload coins at the present time?
btc are bound to rise. I see no reason to convert into fiat unless you got financial difficulties in the dollarworld.

you seem quite comfortable with the recent explosion of bitcoins.. but any time it triples within 1-2 weeks, there are bound to be plenty people who are concerned with a bubble.
member
Activity: 79
Merit: 10
November 08, 2013, 05:33:56 AM
#17
OK, it looks like MtGox has registered with FinCEN but is involved with a breach of contract lawsuit with CoinLab. That might be complicating and delaying things.
full member
Activity: 123
Merit: 100
November 08, 2013, 03:46:53 AM
#16
Any word yet on when MtGox becomes USA compliant so we can sell from there?

I doubt this will ever happen, but you dont miss much, they obviously not liquid after seized US bank accounts and it is a question if MtGox survives
member
Activity: 79
Merit: 10
November 08, 2013, 02:40:10 AM
#15
Any word yet on when MtGox becomes USA compliant so we can sell from there?
newbie
Activity: 56
Merit: 0
November 08, 2013, 01:54:11 AM
#14
why would you unload coins at the present time?
btc are bound to rise. I see no reason to convert into fiat unless you got financial difficulties in the dollarworld.
jr. member
Activity: 56
Merit: 10
November 08, 2013, 01:50:46 AM
#13
gyft? best place to buy amazon stuff
member
Activity: 71
Merit: 10
November 07, 2013, 11:29:49 PM
#12
I really like btcquick.com
iam using btcquick.com too  Cool
sr. member
Activity: 434
Merit: 250
November 07, 2013, 11:04:19 PM
#11
^ trading the coins is basically gambling with my coins. it's better than playing satoshi dice, since i get to learn the process.

yeah i might have to look into actually just spending my coins. after all, using the coins what it's meant for.. only problem is i'm not sure there are currently enough services that would accept bitcoin. besides, i can't spend bitcoins on everything.
hero member
Activity: 756
Merit: 500
November 07, 2013, 10:25:42 PM
#10
Just blow them at the casino.  That's my advice   Tongue
newbie
Activity: 22
Merit: 0
November 07, 2013, 10:21:53 PM
#9
to O.P.

In my understanding spot price doesn't have to be the same. Usually there is a spread between what buyers want to pay and what sellers want to sell for. Spot price is theoretical number which could be used in calculating price of something else that depends on the price of bitcoin.
legendary
Activity: 1806
Merit: 1521
November 07, 2013, 10:00:52 PM
#8
I have 4100 to unload myself.  Privacy is important.   Wink

If you want to send them over to me, I have no problem getting things private! Cheesy

I'm almost at 1.... Sad
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
November 07, 2013, 09:52:50 PM
#7
I have 4100 to unload myself.  Privacy is important.   Wink
full member
Activity: 238
Merit: 100
November 07, 2013, 09:35:02 PM
#6
I really like btcquick.com
hero member
Activity: 490
Merit: 500
November 07, 2013, 08:43:50 PM
#5
Stop converting them to fiat.

Just spend them in the Bitcoin economy at places like www.bitcoinstore.com
member
Activity: 77
Merit: 10
November 07, 2013, 07:37:33 PM
#4
i've been using localbitcoins and it's a pain.. sellers want a 1.05 multiplier, and buyers went .95..

what are some good alternative ways to unload coins? maybe trade via this site, or buy gift cards.. or what? i'm not sure if i want to take the exchange route.

also: i'm kind of confused by the "spot prices" of exchanges. i'm looking at localbitcoins on bitcoincharts.com, and it's showing the latest price as $311.. but when i log on to localbitcoins.com, the spot is actually something like $289.. can someone explain?

I think peer to peer exchanges are best. Avoid offical exchangers as they generally buy considerably less than spot and sell with premium. I have noticed that the price of bitcoins vary from site to site. This perhaps explains why.
sr. member
Activity: 434
Merit: 250
November 07, 2013, 07:01:49 PM
#3
Trading off this site is not bad. Just try not to buy with any reversiable payment methods, such as paypal.  You will be highly frowned upon.
There is frequent trades happening by bank transfers and in person on [Suspicious link removed]ee here (once you get out of newbie jail)
https://bitcointalk.org/index.php?board=53.0

thanks, i was thinking about using this site.. could you answer my question about spot though?

it's common that coins are traded based on spot price right? but which exchange do people use? or is it an aggregated spot?
why is the "latest price" on bitcoincharts not the same as the spot on localbitcoins.com?
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