4 ms·

I have some bitcoin that I've been sitting on for 2 years which I'd like to liquidate, but the spotty track record of bitcoin exchanges makes me wary of providi

I have some bitcoin that I've been sitting on for 2 years which I'd like to liquidate, but the spotty track record of bitcoin exchanges makes me wary of providing the kind of identifying/financial information that seems to be required.

verbalist 14y ago
You could probably sell some in person if you live in a major metro area; for example if you're in SF I'll buy them off you today (in person).
- btipling 14y ago
  Why would you buy bit coin? What value does it have for you?
  - verbalist 14y ago
    You think it's hard to hire developers right now? Well guess what, there are a bunch of talented ones who only want payment in Bitcoin.
    - SilasX 14y ago
      Wha? Who? Super-secretive coders that you can only talk to via the darknets? Edit: Perhaps a sentient paperclip maximizer with no other way of interacting with the human financial system: http://lesswrong.com/lw/4cs/making_money_with_bitcoin/ http://lesswrong.com/lw/4cs/making_money_with_bitcoin/
    - untog 14y ago
      What possible reason could they have for that? How do you file it a business expense?
      - waterlesscloud 14y ago
        How would you file it if you paid someone in Euros?
    - TrevorJ 14y ago
      Really? I'd like to know more about this, if true that would be an interesting development.
      - recuter 14y ago
        He probably means blackhats.
        TrevorJ 14y ago
        More than likely.
    - betterunix 14y ago
      Only up to the point where they need to pay rent, buy food, pay taxes, or otherwise live their lives in the real world. When those things happen, those hypothetical developers will go running to a Bitcoin exchange to get their nation's currency (and they'll be pretty unhappy if there is a sudden, unexpected fluctuation in the price of Bitcoin).
    - magoghm 14y ago
      This is the first time I hear about this. Could you tell us how many talented developers there are in the "bunch"?
      - smartwater 14y ago
        I'm one of them. I don't even accept new clients unless they come via referral. But if you have some juicy bitcoin, it's a different story.
chm 14y ago
Trade your bitcoins in FOREX markets (CAD or GBP) and you'll make more money.

verbalist 14y ago

You could probably sell some in person if you live in a major metro area; for example if you're in SF I'll buy them off you today (in person).

btipling 14y ago
Why would you buy bit coin? What value does it have for you?
- verbalist 14y ago
  You think it's hard to hire developers right now? Well guess what, there are a bunch of talented ones who only want payment in Bitcoin.
  - SilasX 14y ago
    Wha? Who? Super-secretive coders that you can only talk to via the darknets? Edit: Perhaps a sentient paperclip maximizer with no other way of interacting with the human financial system: http://lesswrong.com/lw/4cs/making_money_with_bitcoin/ http://lesswrong.com/lw/4cs/making_money_with_bitcoin/
  - untog 14y ago
    What possible reason could they have for that? How do you file it a business expense?
    - waterlesscloud 14y ago
      How would you file it if you paid someone in Euros?
  - TrevorJ 14y ago
    Really? I'd like to know more about this, if true that would be an interesting development.
    - recuter 14y ago
      He probably means blackhats.
      - TrevorJ 14y ago
        More than likely.
  - betterunix 14y ago
    Only up to the point where they need to pay rent, buy food, pay taxes, or otherwise live their lives in the real world. When those things happen, those hypothetical developers will go running to a Bitcoin exchange to get their nation's currency (and they'll be pretty unhappy if there is a sudden, unexpected fluctuation in the price of Bitcoin).
  - magoghm 14y ago
    This is the first time I hear about this. Could you tell us how many talented developers there are in the "bunch"?
    - smartwater 14y ago
      I'm one of them. I don't even accept new clients unless they come via referral. But if you have some juicy bitcoin, it's a different story.

chm 14y ago

Trade your bitcoins in FOREX markets (CAD or GBP) and you'll make more money.