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If we have money in MtGox what are our options for cashing out now?
by changdizzle 13y ago
If we have money in MtGox what are our options for cashing out now?
- fnordfnordfnord 13y agoBTC transfer to CampBX and then out through Dwolla or any other method they offer. BTC trade for services or goods. BTC trade with private party. BTC to another exchange with different banking arrangements.
- zanny 13y agoThis, you can still transfer bitcoins between any exchange service offering transactions. Though I have to fear for both campbx and coinbase - they are the next two biggest ways to convert USD to BTC.
- fnordfnordfnord 13y ago>Though I have to fear for both campbx and coinbase Me too, I feel a little better for coinbase since Andreessen Horowitz got involved. CBX seems like they are all above board too, but gosh I wish they'd fix their web interface.
- marshray 13y ago> you can still transfer bitcoins So would one rather be holding BTC or USD right now?
- fnordfnordfnord 13y agoSome of each, I'd like to be a little heavy on USD, to take advantage of any buying opportunities that may arise in the near term.
- changdizzle 13y agothanks! that's what I ended up doing - I looked at creating an OKPAY account, which MtGox can transfer between but I would have to wait the X days to get my account verified and re-submit all my personal documents. bought the BTC on mtgox, transferred to campbx, broke even, and started my dwolla transfers i'm not pulling my cash out because i don't believe in BTC, but with the uncertainty and volatility at the moment I'm going to take a wait and see approach
- sneak 13y agoTransfer to Bitcoin. Go to localbitcoins.com and sell those bitcoins to a private party for local currency. Done.