Author

Topic: How do you guys monitize your BTC earnings? (Read 1273 times)

sr. member
Activity: 322
Merit: 250
November 24, 2013, 04:14:25 AM
#12
I don't sell my BTC, simply because i assume more people want BTC than to get rid of it. In other words: the price will rise.
So selling now would not be a good idea.
hero member
Activity: 490
Merit: 500
November 24, 2013, 01:56:21 AM
#11
Don't monetize, they are gonna rise more

That's assuming you have access to regular cash flows in fiat
sr. member
Activity: 434
Merit: 250
November 24, 2013, 01:46:31 AM
#10
if you don't want to go through the hassle of a traditional exchange, you could buy gift cards for something you would have otherwise bought with fiat, such as for amazon. you get 3% cashback, which is a great deal imo.

or you could sell via localbitcoins, person-to-person.

You can buy Amazon cards w/ Bitcoin? And 3% discount?

gyft.com provides this... i was thinking about using it. here is a list of retailers that they provide. big ones too, such as CVS/gamestop/nikeamazon/target
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
November 24, 2013, 12:33:12 AM
#9
Wait one year, most stuff you need including real-estate will be priced in BTC IMO ofcourse Cheesy
newbie
Activity: 8
Merit: 0
November 24, 2013, 12:15:13 AM
#8
Amazon gives cash back on gift cards?

gyft.com just announced a 3% rebate on bitcoin transactions.
sr. member
Activity: 462
Merit: 250
November 23, 2013, 11:27:17 PM
#7
if you don't want to go through the hassle of a traditional exchange, you could buy gift cards for something you would have otherwise bought with fiat, such as for amazon. you get 3% cashback, which is a great deal imo.

or you could sell via localbitcoins, person-to-person.

You can buy Amazon cards w/ Bitcoin? And 3% discount?
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
legendary
Activity: 910
Merit: 1000
November 23, 2013, 11:23:39 PM
#5
ummmm, bitcoin is money

so they are monetized by definition

For Jojo... how do you convert BTC to local fiat?
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
November 23, 2013, 11:15:22 PM
#4
Amazon gives cash back on gift cards?
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
November 23, 2013, 11:14:16 PM
#3
ummmm, bitcoin is money

so they are monetized by definition
sr. member
Activity: 434
Merit: 250
November 23, 2013, 11:12:37 PM
#2
if you don't want to go through the hassle of a traditional exchange, you could buy gift cards for something you would have otherwise bought with fiat, such as for amazon. you get 3% cashback, which is a great deal imo.

or you could sell via localbitcoins, person-to-person.
legendary
Activity: 910
Merit: 1000
November 23, 2013, 11:04:41 PM
#1
I am curious how you guys all are converting your BTC to your local currency?

At some point I am going to want to start converting BTC to fiat and I am not sure of the best way to do that.

Thanks in advance for any guidance.
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