Man Doubles, Then Triples His Money Selling Bitcoins for Cold Cash

“A friend wants to sell any amount of Bitcoin (up to $9000 worth) for cash today in NYC (or from elsewhere) at TradeHill Last Price. Call me,” local Bitcoin evangelist Bruce Wagner tweeted two days ago.

True to the spirit of Bitcoin (recall: digital cryptocurrency that touched off a gold rush among geeks-turned-investors and speculation as to whether it’s the financial sector’s turn to feel the disruptive might of the internet), the seller wanted to remain anonymous. Our questions were relayed to him by email via Mr. Wagner, who facilitated the trade’s one-day turnaround.

“Actually, I have never had ANYONE that I know… be UNABLE to sell them all in one day,” Mr. Wagner typed over Gchat. “I know one guy who wanted to sell Bitcoins.  He tweeted it on Twitter, and one guy drove down to NYC from Boston within 2 hours…. just to buy them with cash.” Read More

Man Doubles, Then Triples His Money Selling Bitcoins for Cold Cash