I used the above link provided to look around the Boston area. *shrug*
Still, message me if interested in making a trade.
Topic: New User - Looking to trade USD for BC - page 2. (Read 2606 times)
I don't trust you just because you have not robbed me yet. I only trust you after *years* of successful transactions. And even then I have my doubts. Experience does that to us old folks.
I couldn't agree more.
But the problem still remains; how do we trade our worthless USD/FRNs for BTCs? Yes, in person, cash only. Yes, I will be armed, and I hope the individual I'm making the trade with is equally wise. An armed society is a polite society... Would YOU follow a CraigsList ad to some stranger's house with a few grand in your pocket? Duh... But if that's the only way, you better bring your gun or you're a dumbass and will get what you deserve...
The locator services invented thus far suck horribly. Anybody in Florida wanna sell me some BTC?
remember... the risk for buyers is incredibly small compared to the risks for the seller... most services like Dwolla and Paypal have major protection policies for the buyers, but for sellers it tends to be minimal... when you are buying, if you dot get your BTC, then cancel the payment and its all good... if you are selling, there is not way to cancel the transfer of BTC if you dont get your money... i personally don't use Paypal because they dont like BTC and screwed me for 5 BTC when they were selling for $30+ ea... i would recommend using mtgox as they have one of the highest success rates and policies that protect the seller and buyer and it was specifically designed for trading BTC... the just transfer the money to Dwolla then your bank, or the BTC straight to your wallet from there... some other serices that you can use are trade hill and bitcoinmarket... however, neither of those two move even clost to the same amount of BTC that mtgox does... welcome to the world of BTC 
That's actually a really cool idea. I wonder whether I trust local people more than exchanges, though. But then again they're stuck with the fact that the transfer is irreversible, so it's really more of a question of them trusting me in a way. That could work.
Haha well-put. I'll look into both, but as far as I concerned now there's like a .01% chance I actually get embedded into BC society.. 
I don't mean to scare you away, but I also want you to be aware that this is a test bed. 8^)
There are no other ways to buy BTC at this time? I guess of the two, I'd trust Dwolla more, just because in looking around it seems like what more people have had success with. But if there are other options, that'd be cool too.
Haha well-put. I'll look into both, but as far as I concerned now there's like a .01% chance I actually get embedded into BC society..
Sure, any help would suffice!
As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.
If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.
Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.
Good Luck
To ask a really obvious question, is there a particular reason NOT to trust either of Paxum or Dwolla? Are those what most people use?
Research!
Dwolla relieved Tradehill of some $30,000+ under the table (ie; in secret, just deleted it out of their account) with no explanation what so ever, and Paxum is based in Belize.
I certainly don't trust Belize as I have been there and know just how business is conducted there.
To me the more obvious question, is there a particular reason TO trust either of Paxum or Dwolla?
I don't trust you just because you have not robbed me yet. I only trust you after *years* of successful transactions. And even then I have my doubts. Experience does that to us old folks.
^ wonderin same
Sure, any help would suffice!
As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.
If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.
Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.
Good Luck
To ask a really obvious question, is there a particular reason NOT to trust either of Paxum or Dwolla? Are those what most people use?
Huge help, much appreciated!
Sure, any help would suffice!
As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.
If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.
Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.
Good Luck
Sure, any help would suffice!
Others would have to comment on getting USD into MtGox/TH. I have never moved USD into an exchange so I am not familiar with the available methods.
What about Mt. Gox? Is it easier to just add USD then buy BC from there?
It is unfortunate but this the way it is, very few trust trading PayPal/Dwolla/ACH for non-reversable BTC. Because of a handful of scammers reversing transactions after receiving BTC it inhibits newcomers from easily entering the economy.
Right now Paxum is the one up to bat, downside is the time it takes to get funds into them and extreme ID verification (necessary).
Right now Paxum is the one up to bat, downside is the time it takes to get funds into them and extreme ID verification (necessary).
i see..
After i send the btc is that where you will
start a dispute via paypal? and get your money back?
meanwhile... im out x BTC?
start a dispute via paypal? and get your money back?
meanwhile... im out x BTC?
You figured it out properly. Only take cash for your hard earned btc.
After i send the btc is that where you will
start a dispute via paypal? and get your money back?
meanwhile... im out x BTC?
start a dispute via paypal? and get your money back?
meanwhile... im out x BTC?
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