Topic: How can I anonymously and most conveniently turn Bitcoins into cash, preferrably - page 3. (Read 25391 times)
July 23, 2012, 05:01:50 PM
To be honest, I think this is the killer app which Bitcoin lacks - many methods for cashing out Bitcoins are just too damned slow at the moment.
July 23, 2012, 04:43:48 PM
Advertise in the Marketplace forum to do a in-person transfer for cash.
July 23, 2012, 03:50:02 PM
We are working really hard with localbitcoins.com, which aims to be best site for buying and selling bitcoins with cash, locally.
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
I really like this and am really glad to see some serious time and energy put into localizing exchanges. I feel that its only going to get increasingly difficult to run an online bitcoin exchange.
https://localbitcoins.com/ad/454/buy-bitcoins-with-cash-77072-houston-united-states
It's worth a shot!
July 23, 2012, 03:10:34 PM
We are working really hard with localbitcoins.com, which aims to be best site for buying and selling bitcoins with cash, locally.
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
I really like this and am really glad to see some serious time and energy put into localizing exchanges. I feel that its only going to get increasingly difficult to run an online bitcoin exchange.
July 23, 2012, 11:25:00 AM
All feedback welcome!
Even the Internet cafe may be not really needed: you might use localization apps like google latitude to find and be found.
July 23, 2012, 11:24:05 AM
5. buyer gets escrow release confirmation with SMS, with secret escrow code
Whats to stop the seller from forging the escrow SMS? That's very easy to do.
The secret escrow code. The seller can't know this, unless the buyer tells it to the seller. The code is always in the SMS.
July 23, 2012, 11:21:46 AM
5. buyer gets escrow release confirmation with SMS, with secret escrow code
Whats to stop the seller from forging the escrow SMS? That's very easy to do.
July 23, 2012, 11:21:40 AM
All feedback welcome!
Even the Internet cafe may be not really needed: you might use localization apps like google latitude to find and be found.
July 23, 2012, 11:15:45 AM
We are working really hard with localbitcoins.com, which aims to be best site for buying and selling bitcoins with cash, locally.
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:
1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code
We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).
All feedback welcome!
July 23, 2012, 11:13:37 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.
July 23, 2012, 11:08:54 AM
Buy something with bitcoins that you can easily sell (such as a GPU) and then sell it for fiat.
+1
July 23, 2012, 11:06:01 AM
Buy something with bitcoins that you can easily sell (such as a GPU) and then sell it for fiat.
July 23, 2012, 10:57:10 AM
yeah, this is getting real hard to do, but would love to hear any ideas anyone has
July 23, 2012, 10:51:41 AM
Anonymous debit card? It seems that they are a few vendors around here that propose this service
This plan has a crap load of holes in it.
Trade on #bitcoin-otc and request for cash in the mail.
Or you could find a p2p meeting place and exchange at the local mall or coffee shop or some dark alley.
July 23, 2012, 10:45:34 AM
Anonymous debit card? It seems that they are a few vendors around here that propose this service
July 23, 2012, 10:44:40 AM
How can I anonymously and most conveniently turn Bitcoins into cash, preferrably through withdrawing from an ATM?
That is not very anonymous.
July 23, 2012, 10:43:37 AM
How can I anonymously and most conveniently turn Bitcoins into cash, preferrably through withdrawing from an ATM?
Jump to: