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Topic: Cashing out of large amount of bitcoins - page 2. (Read 6315 times)

newbie
Activity: 35
Merit: 0
November 26, 2013, 11:09:35 PM
#9
Im actually in the market for 50-60k in btc and would rather do a face to face. let me know when ur ready.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
November 26, 2013, 10:49:03 PM
#8
Believe it or not, I've lost a lot more in bitcoins than I actually own.
Amen brother.
legendary
Activity: 1040
Merit: 1001
November 26, 2013, 10:34:22 PM
#7
I don't have $10,000,000 worth of bitcoins.  But given the 5-year trend in prices, I anticipate having that much in a year or less.  Of course, if we get a bear market, I won't have that much.  May have to wait a year or two longer than anticipated.  I'm just trying to plan for the future.  I don't see an easy way to cash out.

How did I get so many?  I make a very good salary, save every penny, and go "all-in" on investments when I believe there's good value.   I did that with BTCs.

Believe it or not, I've lost a lot more in bitcoins than I actually own.

Just a question - how did you get $10,000,000 worth of bitcoins in the first place?
Please don't tell me you were the guy on the other end of the 10,000 Bitcoin pizza. >.>

And holy cow, good luck on taxes.
newbie
Activity: 14
Merit: 0
November 26, 2013, 07:28:20 PM
#6
Just a question - how did you get $10,000,000 worth of bitcoins in the first place?
Please don't tell me you were the guy on the other end of the 10,000 Bitcoin pizza. >.>

And holy cow, good luck on taxes.

I would have to think they bought really early and the Taxes will be non existant consider the whole point is CASH !! What I am doing when the time is right. I would take a lose on %, maybe even 10& to do a cash deal..
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
November 26, 2013, 07:09:01 PM
#5
Good luck. I can't even figure out how to sell $50K worth without being deluged by messages from scammers who want me to send first.


try "loaded" on this forum, he seems to have clients with large amounts of fiat
legendary
Activity: 2968
Merit: 1198
November 26, 2013, 07:07:12 PM
#4
Good luck. All of the exchanges seem shady, and I can't even figure out how to sell $50K worth without being deluged by messages from scammers who want me to send first.

Maybe by 2014 the scene will clean up some.
legendary
Activity: 1736
Merit: 1029
November 26, 2013, 07:03:41 PM
#3
Just a question - how did you get $10,000,000 worth of bitcoins in the first place?
Please don't tell me you were the guy on the other end of the 10,000 Bitcoin pizza. >.>

And holy cow, good luck on taxes.
sr. member
Activity: 378
Merit: 250
November 26, 2013, 02:57:56 PM
#2
PM me when ready. I don't have that much now, but anticipating 7 digits in the near future. Would want to do it in person, with you coming to me, because I cannot fly with large amounts of cash. I would pay for your ticket one-way though.
legendary
Activity: 1040
Merit: 1001
November 26, 2013, 02:01:28 PM
#1
I'm anticipating cashing out of a large amount of bitcoins in 2014, yielding possibly >$10,000,000.  How do I do this?  I'm thinking Bitstamp won't be able to accommodate me.  Are there people on localbitcoins with this much cash?  Does the Bitcoin Investment Trust buy from regular schmoes like me?  Does anyone 'know a guy'?
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