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Nah, This one..

http://xzist.org/amazing-bitcoin-retirement-fund-calculator/

I hope theoreticaly, you didn't sell everything, the price of BTC is higher today as it was in May.
Your theoreticaly question is mine too, at least the last weeks.
The best solution is to find a good lawyer with good accountant knowledges.
He will advise you how to open some of shore bank accounts in banks that know how to keep their secrets... and how you'll be able to have access to that money without knowing this the authorities of your country.

https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065

This one?

If I have to cash out, and hopefully there'll never be a need, I'd rather do it in a deeply drama queeny fashion in one fell swoop rather than dribs and drabs.

That is exactly what we are aiming for in the end everything you need should be possible to obtain directly with bitcoin.
3rd party services like exchanges and fiat conversion should be obsolete long time ago, unfortunately we still need to use them.

Don't get me wrong. I don't have any with paying fair taxes. But in the future, when bitcoin will be probably much more valuable tax office might ask me a lot of question about source of my BTC.
And I don't have any legal confirmation that I bought my BTC, what will I say? That I earned my BTC by being a freelancer or from sig campaigns? Fat chance they will believe it.

I think its still good to use the exchanges but in a little by little only. Since its a huge amount, doing it in several transaction is a safe way and will not alarmed exchanges maybe. Also, if anything  a problem arises, then not all of your bitcoin will get compromise.

Yes, I'm sure they will tax it and such, which is with any country. I'm ok with that, I was just saying that it's great that you can use it directly now instead of having to trade to fiat then use the fiat. I'm hoping that trend continues, this way you are never compelled to sell your stash in order to hold Fiat, you can just use it directly as needed.

I'm confused on why you wouldn't want the tax office to know? They will know either way after the transfer so why not cross your t's and cover your ass so nothing goes wrong? It's not like they are going to try to charge you more for going by the books, right?

if it was me, ideally, I'd cash out small amounts over time for the simple reason of not wanting to put all the risk on a single transaction. I'd rather cash out 20x, spend extra on fees, hypothetically get scammed a few times for the sake of discussion and lose 2/20th of 2 million USD than to risk it all on one big shot and hope for the best.

Even though I'm sure he'd be using the proper avenues and the risk of being scammed/confiscated is minimal, I'd still only do it in small chunks just to mitigate as much risk as possible.

One could argue that it is Fiat that is making it difficult, not bitcoin, but I agree with you. I think with Japan and Australia and the other smaller countries starting to embrace bitcoin will help this in the future. The hard part for these crypto companies working under western laws is PROVING without a doubt that they aren't accepting/cashing out funds from some sort of illegal activity. It's no wonder that all of these "blockchain investigative services" have popped up out of the wood works. This will forever be a hinderence for bitcoin imo.

A perfect example of this is Bitstamp closing down your account because they followed the bitcoin trail from your address to a gambling site and by law they are not allowed to cash out illegal gambling gains.

BUT, if we can transaction directly in bitcoin leaving fiat out all together, that I consider a win. We are far off of that though of course. This battle will never end, but you know what else will never end?

FIAT Inflation! on that note, I'm hodling.

I imagine the idea behind the deal is to not inform local tax office that you have 2 million dollar worth BTC ready to sell.
It can't be good dealing with high amount of money like that even when you obtained it via mining or simply bought years ago.
Bitcoin might be fully legalized in Japan but that mean some kind of tax might be applied.

Buying and selling large amounts of bitcoin is a nightmare and this is a huge problem that stops bitcoin mass adoption.
There`s no quick,safe and cheap way to turn bitcoin into cash.

Lord help you if you think that's how an amount of that magnitude would work.

With the highest verification at Kraken, which probably involves living with the CEO for a month so he can vouch for you, you can take out $500,000 per month. Bitstamp would probably just email  you with a 'LOL' if you tried to withdraw that amount without providing a sperm sample.

Many people nowadays are really angry, because they have bought like thousands of bitcoins back some time ago, and sold them just after really small price increase. They could have been a millionaires today, or at least wealthier people.
But I think that big part of those people do not really think about how can you move such a big amounts of money through banking systems.
With e.g 10,000 BTC, selling all of that is an extremely hard task, if you dont want to get charged for money laundering.
Also, there are not many places where you can sell a really big quantities of bitcoins using wire transfers, so my best advise is just to move this money in smaller parts, like 2-3k $ every day.

Japan is basically accepting Bitcoin as legal tender now lol, you can pay your taxes/bills directly in bitcoin instead of using Japanese Yen. It's pretty sweet, though I think we are still a long way out from USA doing anything remotely close to that haha.

I think you should check out Gemini auctions and have your accountant/lawyer already get everything in order so that way it's all by the books and nothing is left unchecked. You should be fine man, in the grand scheme of things I guarantee you won't be the only one cashing out some awesome profits from this recent rally.

You'd have even less problems if you can show transaction receipts from when you purchased your coins to begin with (or purchased miners to mine coins, which their trail can be followed to your current wallet). People make crazy capital gains all the time in traditional markets, unless they can prove you manipulated the price of bitcoin or got your bitcoin by illegal means, you won't be anything new to anyone. Just another lucky dude paying taxes on capital gains.

I agree with the above. Cash out what you need in Fiat & hold the rest, after all, it is easier now a days to use bitcoin to make purchases directly.

It took me a while to see it, but bitcoin is truly making way in many countries.

The market cap of many publicly traded companies now-a-days is above 100b, and when we speak in terms of "Fiat Currency" we talk in the amounts of Trillions, and that's just for a single countries currency.

Bitcoin has become something used all over the world. 100b is a drop in the bucket in terms of Global transaction turnover.  The DAILY turn-over for Foreign Exchange (one countries currency traded for another) can be upwards to 6 Trillion PER DAY. Bitcoin's 50b market cap is truly a drop in the bucket when compared to what it's up against, and because of that, bitcoin is still very well in it's infancy.

It took me a while, but it's time to see the forest instead of the trees and hold on for dear life . It might seem insane now, but it also seemed insane for bitcoin to rise to $200 when it was just $5 ea. Look at the big picture, trust me, it will be much easier to hold those bitcoins than to rebuy them later on at some higher valuation. Take what you need, save the rest.

Also, Gemini auctions would be another good idea to sell large chunks of bitcoin at a certain price. Look into that, that's how the big boys do it.

I would forget any normal exchange and go straight to an OTC broker. Genesis trading, SecondMarket's broker arm, has been around for long time now but there must be others.

Exchanges would get uptight and probably do anything possible to fuck with you. There are people out there with the money for that and people looking to link you with them.

Anyone arranging a sale through a lonely hearts ad is going to wind up with knife up their colon.  

If you tell your bank beforehand then there's less likelihood of them having kittens as well.

If you want the Anti Money Laundering Association to look and investigate on your accounts then you can do it. First and foremost why do you need to convert bitcoin into fiat currency. You can convert some but dont sell it all. Just look at Japan you dont need to convert your bitcoin into the local currency but just automatically or directly buy some goods in the local shops or store.

Lol, just sell a small amount each week and let the rest of the coins sit in your wallet. Either way you are either going to pay out the ass in fees or get scammed, I'd chose the fees any day. Why sell it all at once? Sell what you can withdraw and be prepared with all of the necessary information to pay your taxes before-hand.

hypothetically, if you were trying to hide it from uncle sam, do the obvious and fly out of country and cash out elsewhere lol. I don't recommend anyone doing that though, I'm sure they'd catch on.

What ever you do though, please don't be the next "I met a dude at Mc Donalds and he took my bitcoins" story. Meeting in person with that amount is just too risky and by no means would I ever expect any legitimate person with 2 million dollars cash to be willing to do that lol.

If you are about to sell $2M USD worth of bitocin, i think it is good to sell it in person rather than selling it online because there is a lot of chance that you can attract scammers that will try to scam you to just get that $2M USD worth of bitcoin. Just make a status that you are selling bitcoin and you preferred selling it offline or in person so you don't have to worry because you will check the money first before the bitcoin which is safer than online.

Recommende with this kind of transaction take have a 2m dollars of money 💰💰💰 so dont trust anyone even your client but you can just sell them online in a exchanger no hustle and you can divide your bitcoin in every site for exchange to avoid scam. Also gonna take a lot of fees but i have no exprerience in that kind of money.

I have big doubt that you will be able to sell all that amount of bitcoin asap. I would suggest to sell in more than one exchange. In this way will not affect to much the price and you will not have much trouble in transferring those in one account.

There s no such a way without going face to face which is extremely stupid and unsafe.