Topic: How can I anonymously and most conveniently turn Bitcoins into cash, preferrably - page 2. (Read 25327 times)
August 05, 2012, 10:49:19 AM
Plus when you try to sell anything to pawn shop they will photocopy your ID. Gold coins from coinabul than sell on craigslist privately works well though. You will get a better price as well. If you price match apmex it's a good deal for both parties (no shipping costs, anonymous)
August 05, 2012, 02:01:50 AM
Buy something with bitcoins that you can easily sell (such as a GPU) and then sell it for fiat.
or gold from coinabul. Any coin or pawn shop will take them at spot.
Most coin or pawn shops will pay less than spot.
August 04, 2012, 08:42:11 AM
That would explain why they wanted a + in front of my American number.
August 04, 2012, 08:11:47 AM
Can they SMS to international numbers then? I travel into Mexico at times and if I ever wanted to buy/sell there(mostly DF) it'd be handy I suppose.
I guess they can, since I am in France and they are based in Finland.
August 04, 2012, 08:09:49 AM
I'm assuming both parties have their netbook or laptop with their BTC client, you see the cash, you send the BTC? They verify the incoming transaction then hand you the cash? Each with their own PC and BTC client would be preferable to avoid suspicion. I wouldn't trust someone merely showing me a block explorer of my address and their transaction...not on "their" PC at least.
No need. Look on their site: you just need to be able to send and receive SMS. The seller sees the money, sends a SMS to release the escrow, and the buyer receives a SMS saying that the escrow has been released, exchange is confirmed and money transferred. Two different secret codes are used (one to release escrow, one to confirm escrow release), so that even if only one of the two people has a cell phone the escrow can be released and the release verified.
In my transaction, the seller used his smartphone to release the escrow, but he could have used a dumbphone as well. I'll probably try the service during my next trip abroad, where I will have cheap SMS but expensive 3G.
Can they SMS to international numbers then? I travel into Mexico at times and if I ever wanted to buy/sell there(mostly DF) it'd be handy I suppose.
August 04, 2012, 06:38:32 AM
I'm assuming both parties have their netbook or laptop with their BTC client, you see the cash, you send the BTC? They verify the incoming transaction then hand you the cash? Each with their own PC and BTC client would be preferable to avoid suspicion. I wouldn't trust someone merely showing me a block explorer of my address and their transaction...not on "their" PC at least.
No need. Look on their site: you just need to be able to send and receive SMS. The seller sees the money, sends a SMS to release the escrow, and the buyer receives a SMS saying that the escrow has been released, exchange is confirmed and money transferred. Two different secret codes are used (one to release escrow, one to confirm escrow release), so that even if only one of the two people has a cell phone the escrow can be released and the release verified.
In my transaction, the seller used his smartphone to release the escrow, but he could have used a dumbphone as well. I'll probably try the service during my next trip abroad, where I will have cheap SMS but expensive 3G.
August 04, 2012, 06:19:04 AM
I used localbitcoins.com last week (just after they added escrow and SMS services), and it was really a smooth process. We settled the issue in the street in a few minutes (because it was the first time using localbitcoins for both of us).
I'm assuming both parties have their netbook or laptop with their BTC client, you see the cash, you send the BTC? They verify the incoming transaction then hand you the cash? Each with their own PC and BTC client would be preferable to avoid suspicion. I wouldn't trust someone merely showing me a block explorer of my address and their transaction...not on "their" PC at least.
August 01, 2012, 06:04:05 PM
Just PM me, and you will got an Home Depot or Amazon gift card code for your btc at a nice rate. Only for USA people.
I also can give Liberty Reserve (most anonymous currency) in exchange for btc.
I also can give Liberty Reserve (most anonymous currency) in exchange for btc.
July 30, 2012, 09:49:47 AM
I used localbitcoins.com last week (just after they added escrow and SMS services), and it was really a smooth process. We settled the issue in the street in a few minutes (because it was the first time using localbitcoins for both of us).
July 25, 2012, 07:27:15 AM
Do you pay fiat or btc into the service? How does the phone cash out to you?
I don't know how it works out-site of Italy.But here we can buy phone cards that are usable on phone boxes
Cards are in FIAT money.
The service must give a phone number that the user call from a phone box with a phone card until the card is empty.
After this the service will convert the money earned from the call in Bitcoin in the account of the user.
July 24, 2012, 10:29:43 PM
what ever happened to bitcoin ATM?
July 24, 2012, 10:21:43 PM
Is it possible to make a service like this?
1) you make the account on the service
2) the service gives you code (example: 34757893368) and a phone number.
3) you go out and buy a phone card ( it's usable on phone boxes )
4) you insert the phone card on a phone box
5) you call the phone number given by the service
6) you insert the code: 34757893368
7) the service will instantly empty the phone card and will convert the money in bitcoin on the account.
1) you make the account on the service
2) the service gives you code (example: 34757893368) and a phone number.
3) you go out and buy a phone card ( it's usable on phone boxes )
4) you insert the phone card on a phone box
5) you call the phone number given by the service
6) you insert the code: 34757893368
7) the service will instantly empty the phone card and will convert the money in bitcoin on the account.
Do you pay fiat or btc into the service? How does the phone cash out to you?
July 24, 2012, 07:28:11 AM
Is it possible to make a service like this?
1) you make the account on the service
2) the service gives you code (example: 34757893368) and a phone number.
3) you go out and buy a phone card ( it's usable on phone boxes )
4) you insert the phone card on a phone box
5) you call the phone number given by the service
6) you insert the code: 34757893368
7) the service will instantly empty the phone card and will convert the money in bitcoin on the account.
1) you make the account on the service
2) the service gives you code (example: 34757893368) and a phone number.
3) you go out and buy a phone card ( it's usable on phone boxes )
4) you insert the phone card on a phone box
5) you call the phone number given by the service
6) you insert the code: 34757893368
7) the service will instantly empty the phone card and will convert the money in bitcoin on the account.
July 24, 2012, 07:26:49 AM
i can drop ship gold to an adress of your choice via APMEX.
July 24, 2012, 07:18:14 AM
Anonymous SIM isn't enough. You want a clean phone, too.
I don't know much about this, but what do you mean with a clean phone? Last time I bought an extra phone with 20 eur, cash, from a small store, Germany. No questions asked. I see no way to trace the phone back to me. But maybe in some other countries they ask papers even for phone purchases?
July 24, 2012, 07:14:09 AM
Hmmm, do you think there are some possibilities to use phone boxes? 
I'm not sure, it's a long time that I'm not using them.
I'm not sure, it's a long time that I'm not using them.
July 24, 2012, 07:10:41 AM
At least where I live it is very easy to get anonymous pre-paid SIM card for phones. Also teh SMS stuff isn't required, it is just made to make the whole process easier. You don't have to use it. You can just rely on emails.
Anonymous SIM isn't enough. You want a clean phone, too.
July 24, 2012, 06:24:50 AM
If you are in the US, see my sig.
July 24, 2012, 06:13:32 AM
localbitcoins.com sounds like a great idea, but SMS is not really suitable for someone requiring anonimity?
Ditch SMS and use a web-based smartphone app instead. That'll at least keep things anonymous until the legal eagles make you keep personally-identifiable records of all transactions...
Ditch SMS and use a web-based smartphone app instead. That'll at least keep things anonymous until the legal eagles make you keep personally-identifiable records of all transactions...
At least where I live it is very easy to get anonymous pre-paid SIM card for phones. Also teh SMS stuff isn't required, it is just made to make the whole process easier. You don't have to use it. You can just rely on emails.
July 23, 2012, 07:01:52 PM
localbitcoins.com sounds like a great idea, but SMS is not really suitable for someone requiring anonimity?
Ditch SMS and use a web-based smartphone app instead. That'll at least keep things anonymous until the legal eagles make you keep personally-identifiable records of all transactions...
Ditch SMS and use a web-based smartphone app instead. That'll at least keep things anonymous until the legal eagles make you keep personally-identifiable records of all transactions...
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