How to buy large quantity in cash - page 2.

andrehorta

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Quote from: DeathAndTaxes on August 05, 2012, 12:55:59 PM

Quote from: andrehorta on August 05, 2012, 12:50:19 PM

You're right! It´s to avoid taxes!

Why do people do this? Some things are better left unsaid. If you got coins from selling a mountain of weed it is better to not say it. If you need to unload some coins cheap because you stole them it is better to not say it. If you are sending coins to the Silk Road it is better to not say it. Most certainly if you are planning of evading taxes it is better to not say it.

Why? Why do people do this? What possible good could come from divulging the reason for your transaction? Does nobody care about financial privacy?

I'm not doing that, it was just a joke ...

DeathAndTaxes

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Gerald Davis

Quote from: andrehorta on August 05, 2012, 12:50:19 PM

You're right! It´s to avoid taxes!

Why do people do this? Some things are better left unsaid. If you got coins from selling a mountain of weed it is better to not say it. If you need to unload some coins cheap because you stole them it is better to not say it. If you are sending coins to the Silk Road it is better to not say it. Most certainly if you are planning of evading taxes it is better to not say it.

Why? Why do people do this? What possible good could come from divulging the reason for your transaction? Does nobody care about financial privacy?

sgravina

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Quote from: andrehorta on August 05, 2012, 12:50:19 PM

Quote from: sgravina on August 05, 2012, 12:46:39 PM

Quote from: andrehorta on August 05, 2012, 12:38:59 PM

Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

It's to buy house and apartment in South America

Wow. I wonder how much real estate has been transacted in bitcoins. Is this to avoid taxes? Here in the states when you transfer a deed you have to say how much money was exchanged and then pay taxes on it. Writing the deed with 20000 bitcoins doesn't sound like it would work.

You're right! It´s to avoid taxes!

But put do you put on the deed? Doesn't the government there monitor real estate transaction and ask for their taxes.

andrehorta

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Quote from: sgravina on August 05, 2012, 12:46:39 PM

Quote from: andrehorta on August 05, 2012, 12:38:59 PM

Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

It's to buy house and apartment in South America

Wow. I wonder how much real estate has been transacted in bitcoins. Is this to avoid taxes? Here in the states when you transfer a deed you have to say how much money was exchanged and then pay taxes on it. Writing the deed with 20000 bitcoins doesn't sound like it would work.

You're right! It´s to avoid taxes!

andrehorta

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Quote from: kangasbros on August 05, 2012, 12:37:41 PM

You should also check our service localbitcoins.com - location-based bitcoin-to-cash marketplace.

Very good! Congratulations!

sgravina

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Quote from: andrehorta on August 05, 2012, 12:38:59 PM

Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

It's to buy house and apartment in South America

Wow. I wonder how much real estate has been transacted in bitcoins. Is this to avoid taxes? Here in the states when you transfer a deed you have to say how much money was exchanged and then pay taxes on it. Writing the deed with 20000 bitcoins doesn't sound like it would work.

proudhon

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Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

Maybe he's going to buy 20000 bitcoins then sell them for dollars and pay some bills.

andrehorta

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Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

It's to buy house and apartment in South America

kangasbros

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You should also check our service localbitcoins.com - location-based bitcoin-to-cash marketplace.

DeathAndTaxes

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Gerald Davis

Quote from: sgravina on August 05, 2012, 12:35:22 PM

Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars which and pay some bills.

Someone who can drop $200K on a speculative investment is not likely hurting for cash to "pay some bills".

sgravina

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Why does anyone want 20000 bitcoins? What can you do with them that is worth that much money? If I had 20000 bitcoins I would sell them for dollars and pay some bills.

BCB

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BCJ

FinCEN's Anti-Money Laundering (AML) regulations would require a Suspicious Activity Report (SAR) to be filed for any amount over 10,000 in one day for a single user. Try HSBC.

DeathAndTaxes

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Gerald Davis

Quote from: Raoul Duke on August 05, 2012, 12:21:57 PM

pirateat40

Yeah he would be on the short list.

Raoul Duke

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pirateat40

DeathAndTaxes

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Gerald Davis

Quote from: andrehorta on August 05, 2012, 11:57:29 AM

Thank you very much! I would like to buy for example $ 200,000 of Bitcoin in CASH!

Well $200,000 is definitely large.

This is obviously beyond Tangible Cryptography ability to handle in a single sale. I don't want to speak for other vendors but I doubt many people could handle that.

Your best option is probably multiple sales from a variety of sellers. It will take longer but the advantage of buying using a large number of smaller sales is you get some dollar cost averaging. Bitcoin obviously has significant volatility but much less volatility over the course of a week or a month. Making periodic even value purchases results in your buying more when price is low and less when it is high. You have less risk exposure than buying at a single point (i.e. buying at $11.30 yesterday and now having 5% less value).

If you are interested in us supplying a portion of your needs, further discussion would likely be better handled by PGP protected messages. There are details in the link above.

andrehorta

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Quote from: TangibleCryptography on August 05, 2012, 11:44:59 AM

Tangible Cryptography can facilitate large bulk sales of Bitcoins acquired from our other ventures.
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094

We accept cash deposit at our Bank Of America deposit account among other payment methods. We can sell up to $5,000 in BTC with same day (usually 3-4 hours) delivery for a first time buyer. Larger transactions are negotiable on case by case basis for repeat buyers. A purchase of over 1000 BTC will likely require multiple days to fulfill (or advance notice with a price lock). To limit our BTC exposure we generally don't go long more than 1,000 BTC.

Still as MD pointed out "large" is kinda vague. One person might consider $1,000 "large" and someone else might not even consider $100,000 "large".

Thank you very much! I would like to buy for example $ 200,000 of Bitcoin in CASH!

TangibleCryptography

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Tangible Cryptography LLC

Tangible Cryptography can facilitate large bulk sales of Bitcoins acquired from our other ventures.
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094

We accept cash deposit at our Bank Of America deposit account among other payment methods. We can sell up to $5,000 in BTC with same day (usually 3-4 hours) delivery for a first time buyer. Larger transactions are negotiable on case by case basis for repeat buyers. A purchase of over 1000 BTC will likely require multiple days to fulfill (or advance notice with a price lock). To limit our BTC exposure we generally don't go long more than 1,000 BTC.

Still as MD pointed out "large" is kinda vague. One person might consider $1,000 "large" and someone else might not even consider $100,000 "large".

MemoryDealers

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"Large" is relative.
You can buy up to $4,000 a day, per person, in the USA, Brazil, Ukraine, and Russia through www.bitinstant.com

That means each person can technically buy $1,460,000 worth of Bitcoins per year with cash without needing to show any sort of ID.

If you have one person in the USA, Russia and Brazil each depositing cash each day, you could buy $4,380,000 worth of Bitcoins with cash each year.

Is this "large" enough for you?

andrehorta

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Dears

How to buy large quantity of bitcoin in cash? Countries:

USA
Europe
Brazil
Bolivia

Thank you

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