Silk Road forums

Discussion => Newbie discussion => Topic started by: gropogas on June 07, 2013, 07:20 pm

Title: bitcoin to cash?
Post by: gropogas on June 07, 2013, 07:20 pm
newbie here, loaded some bitcoin then got cold feet, now what's the easiest way to reconvert back to cash?
tia
Title: Re: bitcoin to cash?
Post by: ☼LightOfPi☼ on June 07, 2013, 07:22 pm
the other way around that you bought them?
Title: Re: bitcoin to cash?
Post by: pizza420 on June 07, 2013, 07:50 pm
The easiest way would be to buy cash on SR. Under the 'money' section, there are vendors who sell cash.

However, don't expect to be getting 100% of your spent money back, as the cash is slightly marked up.
Title: Re: bitcoin to cash?
Post by: acidicmonkey on June 08, 2013, 01:05 am
Go to local bitoins, become a seller and you can ask whatever price you want for your bitcoins, obviously you may have to wait for someone to pay that price but go there and figure it out > you are missing out on a great community by the way
Title: Re: bitcoin to cash?
Post by: jekyll on June 08, 2013, 02:24 am
How much are you talking about?  I assume that you bought it on SR, otherwise you would just sell it back to Mt. Gox, or wherever you got it.  Selling it for cash on SR is a ridiculous ripoff.  If it's a fair bit, sell it on Localbitcoins.com. If it's not that much, use it to purchase something legit that you want or need anyway.  You can find a list of retailsers at CLEARNET link: https://en.bitcoin.it/wiki/Trade#Gift.2FDebit_Cards
Title: Re: bitcoin to cash?
Post by: dagerms on June 08, 2013, 02:29 am
Local bitcoins or just post a craigslist ad.  You'd be surprised at the response actually.
Title: Re: bitcoin to cash?
Post by: mbius298074 on June 08, 2013, 08:19 am
newbie here, loaded some bitcoin then got cold feet, now what's the easiest way to reconvert back to cash?
tia

It depends on how many bitcoins you have.