Bitcoin for sending money abroad - Printable Version

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Bitcoin for sending money abroad - bigcityguy - 06-08-2015

Anyone tried it?

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Bitcoin for sending money abroad - LINUX - 06-08-2015

There's an 83 page thread here discussing bitcoin.

Come on bro.

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Bitcoin for sending money abroad - germanico - 06-08-2015

Then, you have the issue of converting bitcoin to analogcoin. Its not like you can go to an ATM and cash them out.

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Bitcoin for sending money abroad - Soma - 06-08-2015

Quote: (06-08-2015 04:18 PM)germanico Wrote:  

Then, you have the issue of converting bitcoin to analogcoin. Its not like you can go to an ATM and cash them out.

Actually...

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Bitcoin for sending money abroad - Savage - 06-08-2015

The way I have done it is to use localbitcoins.com to sell the bitcoins in whatever country. You will need a bank account they can deposit to unless you want to meet and exchange cash. You will end up selling for below market rate so there are probably better ways now - I was doing it a few years ago.

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Bitcoin for sending money abroad - el mechanico - 06-08-2015

Well if you send them to the Bitcoin address they provide you then it's thier problem to turn them into cash.

Believe me they will figure it out fast if the want the money.

I would advise them to buy LTC with the BTC then maybe some altcoins to double the money.

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Bitcoin for sending money abroad - Bushido - 06-09-2015

Depends where you are. It was very difficult to buy Bitcoin for me. Be prepared to be treated like a terrorist.

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Bitcoin for sending money abroad - bigcityguy - 06-09-2015

Something weird is going on with being able to post. Checking what is going on....

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