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Bitcoin Local Exchange

We are starting to experiment more with Bitcoin at the space.  Bitcoin is a peer-to-peer digital currency system.  The first step for us is to setup a public local bitcoin exchange.  The purpose of a local exchange is to enable people to trade cash for bitcoins.  During the Tuesday meetings you can find somebody who has bitcoins and make an offer.  The idea for a local exchange is you can visible see the existence of the sellers bitcoins and there are no minimum amounts required to purchase/transaction fees.  For an idea of the estimated price per bitcoin check the going rate at Mt. Gox.

Depending on the popularity of bitcoins, you can expect to trade for services and things at the Hive.

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  1. May 25th, 2011 at 18:58 | #1

    Hey, I made a website that basically does this. http://ubitex.org

    Thanks!

  2. May 25th, 2011 at 19:01 | #2

    Ubitex is where I bought my last bitcoins. It would be awesome if I could just find a local hackerspace on there and arrange to meet.

  3. Miles
    June 20th, 2011 at 01:33 | #3

    Holy $h!t I need to get back to the Hive. Mad props for being down with Bitcoin.

  4. Rom
    January 16th, 2012 at 04:22 | #4

    @cuddlefish

    cuddlefish :
    Hey, I made a website that basically does this. http://ubitex.org
    Thanks!

    Where is the ubitex site gone??

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