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Topic: What's the best way to get money out of MtGox? (Read 2833 times)

legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
send a wire transfer or use dwolla...
newbie
Activity: 2
Merit: 0
I'm user LR to buy bitcoin
newbie
Activity: 30
Merit: 0
Why can't you just use dwolla and transfer the money out and back to your bank account?


dwolla down
hero member
Activity: 546
Merit: 500
Why can't you just use dwolla and transfer the money out and back to your bank account?

newbie
Activity: 5
Merit: 0
I think Coinbase also does USD cashouts? (newb here and learning)

Thanks for the "fastcash4bitcoins" site - I signed up! Hope to use in the future.

They seem to be about 2% behind on MtGox, so I'm not sure it is that great a deal.  Given the new legislation if you are US based it seems all the exchanges are going to have some friction with getting dollars in or out.
newbie
Activity: 1
Merit: 0
full member
Activity: 224
Merit: 100
I think Coinbase also does USD cashouts? (newb here and learning)

Thanks for the "fastcash4bitcoins" site - I signed up! Hope to use in the future.
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
I decided to give fastcash4bitcoins a shot with a small order, ended up with an error (status unknown, it says) after the Bitcoin payment confirmed.  Not really inspiring confidence, that one...

Edit:  Oop, there it goes... order updated from error to paid.  A little unusual, but it DID go through~

Glad you got your funds fast.  Sorry for the confusion in the incorrect status message.  When processing a batch there is a different status code and it looks like the order page is not properly reflecting this. It has been patched on the development server and will be rolled to production soon.
legendary
Activity: 3346
Merit: 1013
Nitrogen Sports Forum Rep
If you are US based try localbitcoins.com. Many people will take Mtgox USD just as easily as they would some BTC. Especially if you are offering 1=1 or close to it.

localbitcoins.com is great, thanks for the recommendation!
newbie
Activity: 22
Merit: 0
I decided to give fastcash4bitcoins a shot with a small order, ended up with an error (status unknown, it says) after the Bitcoin payment confirmed.  Not really inspiring confidence, that one...

Edit:  Oop, there it goes... order updated from error to paid.  A little unusual, but it DID go through~
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
Buy back the bitcoins and next time use:

https://fastcash4bitcoins.com

This seems to be the slow boat to nowhere.  Funds are low for Paypal.

Was waiting on PayPal to reload.  Check now.
newbie
Activity: 22
Merit: 0
Buy back the bitcoins and next time use:

https://fastcash4bitcoins.com

This seems to be the slow boat to nowhere.  Funds are low for Paypal.
SRG
full member
Activity: 127
Merit: 100
If you are US based try localbitcoins.com. Many people will take Mtgox USD just as easily as they would some BTC. Especially if you are offering 1=1 or close to it.

This is exactly what I would have suggested as well.  If you look over the in Currency Exchange section you'll see established folks willing to buy these as well as BTC. 
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
Buy back the bitcoins and next time use:

https://fastcash4bitcoins.com
hero member
Activity: 518
Merit: 521
Quote
What's the best way to get money out of Bitcoin economy?

Most efficient in terms of time, is delete your wallet.   Cool
newbie
Activity: 22
Merit: 0
Mmm... I don't know if I like that idea, though it is an idea, so thanks for that. 

Has anyone actually done a transfer out of MtGox to a bank?  Is it as shaky as I think it would be?
hero member
Activity: 504
Merit: 500
WTF???
If you are US based try localbitcoins.com. Many people will take Mtgox USD just as easily as they would some BTC. Especially if you are offering 1=1 or close to it.
newbie
Activity: 22
Merit: 0
That is an excellent question and would love to see the solution, as well.  I just opened my own MtGox account!

How rapid was your sale, by the way?
I cashed out with 35 coins a few days ago (they've since gone up; kind of a paranoia sell when they were plateauing).  The market-value sale was instant.
full member
Activity: 140
Merit: 100
That is an excellent question and would love to see the solution, as well.  I just opened my own MtGox account!

How rapid was your sale, by the way?
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