Silk Road forums

Discussion => Security => Topic started by: imaloonyguy on February 14, 2012, 06:06 am

Title: vendors??
Post by: imaloonyguy on February 14, 2012, 06:06 am
how are vendors exchanging their bitcoins for cash? i mean with all that money it cant be that easy??
Title: Re: vendors??
Post by: Silpheed on February 14, 2012, 10:17 am
There are a lot of ways to sell bitcoin.
https://en.bitcoin.it/wiki/Selling_bitcoins

Vendors probably withdraw their bitcoin and sell it on an exchange website, or find a local buyer willing to pay cash, or find someone willing to buy it in #bitcoin-otc on IRC or on the official bitcoin forums, or sell their bitcoin to a BTC vendor on SR who will give them a moneypak code, or they may be a BTC vendor themselves on SR.