Silk Road forums

Discussion => Security => Topic started by: medicalcannibas420 on April 01, 2013, 11:54 am

Title: Venders selling bitcoins....best way to turn into cash?
Post by: medicalcannibas420 on April 01, 2013, 11:54 am
Hello SR,

What is the best way to sell your bitcoins and turn into cash? with the lowest fees?,,,,,,,,a private message is ok for your answer.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mclovinfakes on April 02, 2013, 03:56 am
curious about this too :)

Someone should PM me this. I've got my own ideas but i'd like to hear other peoples' first
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: collapses on April 02, 2013, 04:33 am
Hi, you can use us for WU or Moneygram.  Fee is between 10-15%.  You can see my vendor page in my signature for more info.

Cheers
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: Green Camel on April 02, 2013, 11:15 am
Hi, you can use us for WU or Moneygram.  Fee is between 10-15%.  You can see my vendor page in my signature for more info.

Cheers
10-15% is not a low fee. If sellers are actually giving up 15% just to be able to withdraw their earnings, it's obvious why everything on SR is so expensive.

There's a tradeoff between anonymity and low fees. You can't really have both. I would never use WU or MG though.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: fugitive189 on April 02, 2013, 11:35 am
Hello SR,

What is the best way to sell your bitcoins and turn into cash? with the lowest fees?,,,,,,,,a private message is ok for your answer.

You can contact one of the Bitcoin traders on SR (for instance the vendor "bitcoins" only charges around 5% commission). I am all for cash in the mail but you can also use sites like coinabul to directly buy gold bullion for Bitcoins.

If that's not your cup of tea I suggest you use the locabitcoins website and see if you can contact one of the established traders in your area to sell Bitcoins for cash in hand. This is the method I use, feel free to PM me for details

V.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: NW Nugz on April 02, 2013, 01:29 pm
If you want anonymous cash for the coins,
Good folks here:
https://cryptocurrent.com/

Communicate with them thru email. No need to mention SR or any details of where the coins came from. I believe these trades are legal unless you say the wrong thing or do too much without proper reporting. They are hip to whats up though.

If you don't care if it is anonymous, there are many options as it is not illegal to trade Btc for dollars.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: Euphoric on April 02, 2013, 01:41 pm
If you want anonymous cash for the coins,
Good folks here:
https://cryptocurrent.com/

Communicate with them thru email. No need to mention SR or any details of where the coins came from. I believe these trades are legal unless you say the wrong thing or do too much without proper reporting. They are hip to whats up though.

If you don't care if it is anonymous, there are many options as it is not illegal to trade Btc for dollars.

That website/company sells bitcoins, the question in the topic is wanting to sell bitcoins for cash.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: medicalcannibas420 on April 03, 2013, 01:24 am
Thanks for all the information.....please keep it comming
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: NW Nugz on April 03, 2013, 06:12 am
If you want anonymous cash for the coins,
Good folks here:
https://cryptocurrent.com/

Communicate with them thru email. No need to mention SR or any details of where the coins came from. I believe these trades are legal unless you say the wrong thing or do too much without proper reporting. They are hip to whats up though.

If you don't care if it is anonymous, there are many options as it is not illegal to trade Btc for dollars.

That website/company sells bitcoins, the question in the topic is wanting to sell bitcoins for cash.

I was aware of the topic and stand by my comments. The website sells Btc. By email, they can help out some vendors though.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: xpat on April 03, 2013, 07:41 pm
subbed
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 03, 2013, 07:49 pm
Do not use cryptocurrent!!!

fredflintstone has gotten scammed today by her for $20,000  he is the one that recommended them the first on here about a month ago

 read it for your self here
http://dkn255hz262ypmii.onion/index.php?topic=142360.0
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: synikal12 on April 04, 2013, 07:24 am
Do not use cryptocurrent!!!

fredflintstone has gotten scammed today by her for $20,000  he is the one that recommended them the first on here about a month ago

 read it for your self here
http://dkn255hz262ypmii.onion/index.php?topic=142360.0
Deleted? :X
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 04, 2013, 07:56 am
Do not use cryptocurrent!!!

fredflintstone has gotten scammed today by her for $20,000  he is the one that recommended them the first on here about a month ago

 read it for your self here
http://dkn255hz262ypmii.onion/index.php?topic=142360.0
Deleted? :X
he might have, but it was up and was from him. and said he was revoking his recommendation. so i dont know what to say now id pm him and see whats up? 
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: synikal12 on April 04, 2013, 08:58 am
I had just received an email from crypto pretty recently stating I could get a 2% rate instead of 5% this next run around, and sorry for the delay (I was due for an order today). Could this be highway robbery? :O

Doubt it, but who knows. I really do :X
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 04, 2013, 09:12 am
another vender said that the normal price was 5% and they did a deal and then cryptocurent said it would be 10% in that post that he deleted.. find out before you do anything from Fred to see whats going on i would hate for anyone to loose money even though cryptocurent is a great option for all of us. to many shady cams going on in the last month!
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: masterblaster on April 04, 2013, 04:13 pm
Cash out using bitcopia,
Buy a gun
Rob a bank
.......Porift!
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: NW Nugz on April 05, 2013, 04:10 pm
Crypto's fees may depend on whether Btc are crashing or soaring when you go to sell some. If noone else is complaining about them, I think they are still trust-able and can provide very low fees when the coins are rising. Good to be careful though.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: davidthegnome on April 05, 2013, 05:23 pm
Do not use cryptocurrent!!!

fredflintstone has gotten scammed today by her for $20,000  he is the one that recommended them the first on here about a month ago

 read it for your self here
http://dkn255hz262ypmii.onion/index.php?topic=142360.0
Deleted? :X

I believe its a vendor forum thread. They have access to forums we do not.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: NW Nugz on April 05, 2013, 05:55 pm
The thread was here in normal forums and was removed. I don't know if the OP removed it or someone else. I would expect Fred to comment here if he had his thread removed against his will? Not sure. Last I read he was trying to work it out with Crypto.. Unless someone is censoring his posts, I'd expect we will hear from him again after that process.
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 05, 2013, 06:57 pm
thanks Nw Nugz, im glad i wasnt the only one that saw the post. i hope they are a good vender because i will be using them soon also
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: JimmyJack2222 on April 06, 2013, 01:54 am
anyone used bitstamp to sell there BTC for Cash????
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: JimmyJack2222 on April 06, 2013, 04:09 am
welp,don't fucking use them..50% fee,,, :'(
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 06, 2013, 05:48 am
welp,don't fucking use them..50% fee,,, :'(
.50% on the whole transaction is nothing pretty much. just my $.02
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: JimmyJack2222 on April 06, 2013, 05:30 pm
lol..I  was drunk last night & thought it said 50%, not .50%...your right....they seem to be fine so far...wire transfer this week..Let me know when your molly is coming around!
Title: Re: Venders selling bitcoins....best way to turn into cash?
Post by: mrdomestic on April 06, 2013, 06:03 pm
Will do was hoping to be up on thursday but had some issues.
and for the selling coins on ther you need to bank transfer them after you sell them to withdraw the cash