Silk Road forums
Discussion => Newbie discussion => Topic started by: gropogas on June 07, 2013, 07:20 pm
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newbie here, loaded some bitcoin then got cold feet, now what's the easiest way to reconvert back to cash?
tia
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the other way around that you bought them?
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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.
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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
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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
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Local bitcoins or just post a craigslist ad. You'd be surprised at the response actually.
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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.