Silk Road forums

Market => Product requests => Topic started by: war on April 25, 2012, 11:54 pm

Title: Bitcoin for MoneyPak 1:1 Ratio
Post by: war on April 25, 2012, 11:54 pm
Just wondering if anyone does this or would do this? 

I send you Moneypak codes, you send me bitcoins at even 1:1 ratio.

Thanks!
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: jkim802 on April 27, 2012, 02:02 am
Dang wouldn't that be awesome lol. I don't think anyone would do this, probably gonna have to go to Sugar Mama or another similar vendor here to be safe
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: war on April 27, 2012, 04:47 am
Just used Sugar Mama, took about a day to process but was a good service.

A bit rough sending 250 and only getting 210 but I guess that the nature of Money Pak trade in.  Maybe in 6 months or so I can do something similar with half commission cause it doesn't seem any of the respected vendors are hitting me up here for my 1:1 deal.  I would imagine some of them would benefit a lot since they are also taking a hit when they cash out.
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: RyDivinci on April 28, 2012, 03:25 am
Hey man,
I would be kind of interested in this service. I am a new vendor and I am weighing my options for cashing bitcoins. I figured I would do something like this with someone trustworthy.
If you can show me that you are a good buyer with a good history, I would love to do business with you.
Maybe like a weekly cash out? And if not 1:1, then something Really Close...
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: simplyanon on April 28, 2012, 05:08 am
Hey man,
I would be kind of interested in this service. I am a new vendor and I am weighing my options for cashing bitcoins. I figured I would do something like this with someone trustworthy.
If you can show me that you are a good buyer with a good history, I would love to do business with you.
Maybe like a weekly cash out? And if not 1:1, then something Really Close...

Do what Exotica does.

Cash out bitcoins whenever you build up a few hundred worth. Post a thread in 'Products Offered' for MP to bitcoin with like a 5% fee, just to make up for the trouble of making the listing and what not. Just make sure you do your math right, and make sure people PM you BEFORE they send you the codes to make sure you havent already cashed everything out. When you're low on coin again, either save up again, buy something from your fellow vendors, or just donate it to someone. *cough cough* ;) Worth a try, eh?

I think most buyers are on a, "I need drugs, I'll buy some coin" kinda schedule. Not a "Shopping list every week" kinda schedule.

But that's just my .02btc.
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: RyDivinci on May 01, 2012, 04:08 am
Haha! Informative reply AND constant sly humor all at once?!?!
You, my friend, are the shit.

Thanks !


(im being serious, lol not sarcastic)
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: userspace on May 01, 2012, 05:47 am
I think this would be great for us but bad for the vendors. Somehow they need to make money also. I see it as a "convenience" fee. I'm to lazy to get bitcoins myself so I buy a MoneyPak and have someone give me coins while I do nothing. Yes I also use Mama, but I try and do a couple thousand of bitcoins at a time. 
Title: Re: Bitcoin for MoneyPak 1:1 Ratio
Post by: freddieisdead on May 01, 2012, 03:07 pm
Get set up on bitcoin-otc and you can probably find someone to trade you 1:1. If not, you'll definitely be able to get a better deal than any vendor on the road and in a reasonable amount of time.