Author

Topic: [WTB] 600btc person2person in San Francisco, tonight or tomorrow AM (Read 1086 times)

newbie
Activity: 59
Merit: 0
i'm not sure who would be crazy enough to accept a check from a stranger for that amount...

I cannot think of any reasonable reason to not use cash in this type of transaction.

I happened to be boarding a plane early afternoon, but only having the fully-cleared funds, sufficient for all the BTC I wanted to buy, in my checking account at the end of the business day.

So, anyone depositing such a check into their own account would have had it clear at the end of day, same as any other good check. But, I couldn't have the full $3K cash-in-hand for a local transaction before boarding my flight.

Since some in the bitcoin community seem to care about 'tainted' coins from events like the Linode heists, it also benefits me to be able to make a check out to a person that I also get to know in real life. If the BTC they give me then has a strong taint, I can at least point out where it came from.  

As it turned out, I used BitInstant. Their single-transaction maximum amount was enough for the time being, less than I wanted but a total that I was able to counter-deposit in cash. Worked well though the effective fees were quite high. Stupid 'Golden Week'.
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
Who wouldn't accept a check from Harrison Ford?    Tongue
newbie
Activity: 26
Merit: 0
As if having links mentioning your name on the web makes you incapable of bouncing a check for $3000!
legendary
Activity: 1031
Merit: 1000
i'm not sure who would be crazy enough to accept a check from a stranger for that amount...

I cannot think of any reasonable reason to not use cash in this type of transaction.
newbie
Activity: 59
Merit: 0
i'm not sure who would be crazy enough to accept a check from a stranger for that amount...

After we meet in person, we won't be strangers. And upon seeing my name and face, you'll be able to pull up rich information about me via Google and other public sources.

And if the seller is also someone in certain SF circles correlated with interest in bitcoin, we probably already have common friends, acquaintances, or coworkers anyway.

So, no crazy required (or desired!) from the seller. Just up to 600btc and common sense.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Write the check to cash, take it to your bank and if it's good (maybe even if it isn't who knows) they'll give you cash. Give cash to SanFranco (SanFricite?)
member
Activity: 96
Merit: 10
i'm not sure who would be crazy enough to accept a check from a stranger for that amount...
newbie
Activity: 59
Merit: 0
I'd like to buy 600btc in a person-to-person transaction in San Francisco, ideally tonight or tomorrow morning.

My ideal transaction would be we meet, verify who each other are in real life (with IDs if necessary), and I pay by check to your name, drawn on my local bank account. But I could consider other arrangements.

Please PM ASAP if interested.
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