[PsYcNeT]

Join a very sad man who mined a few hundred BTC back when using a CPU was viable, try to sell them for filthy fiat currency.

http://buttcoin.org/easy

http://buttcoin.org/easy-like-sunday-morning

http://buttcoin.org/easy-come-easy-go

I just got back from accompanying my friend, to meet someone who wants to buy bitcoins. So we go to Starbucks, and wait for this guy who is apparently willing to pay 500$/coin, and wants 50 coins. The buyer shows up, wearing a decent suit, buys me and my friend coffee (with filthy fiat of course), and starts talking about how he buys local bitcoins and puts them on the major exchanges (I asked him if he considered himself a Captain of Industry, and got a weird look emot-smith).

Everything was going well, until the buyer tried to write my co-worker a check. Not a cashiers check, just a plain old check that will bounce if there isn’t enough money emot-wtc. Which according to him is apparently as “good as a cashiers check”. He didn’t want to use an ESCROW service, and his “feedback on localbitcoins.something is all we needed to see that he is legit”. Because you know an exchange valued at 25,000$ obviously you can just trust the guys feedback. We left pretty fast.

My coworker is going to try to use bitstamp and see if he can get his money out.

*EDIT* I just realized how completely and utterly stupid this is. Who the #### does an exchange valued at 25,000$ in a Starbucks? Shouldn’t something like this be done with Lawyers, or Accountants present? Some sort of professional service to handle exchanges like this?