Congratulations, you have a pretty big amount of money.
You have to invest in everything, so you can withdraw from the other countries.
Topic: I have around 8000 BTC,but my country are too small cap to cash out - page 4. (Read 1483 times)
June 11, 2018, 06:53:39 AM
June 11, 2018, 02:21:56 AM
That's a hell lot of btc to own but why are you in a hurt to sell them off? Prices are discounted not a good time to sell, I would hodl them and sell it later when the price rises, you can go to Japan and speak with their authorities and sell there, only they'll be able to give you a good deal or better put everything there and amazing interest.
June 11, 2018, 02:16:31 AM
Hmm
There are countries that are crypto friendly
Like Puerto Rico
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
You can simply go there, maybe buy a property (pay in BTC)
Then you can open a bank account there and convert BTC to fiat whenever you need to. Plus it is a Crypto paradise so you could probably even sell your BTC to locals. I'm sure the country has already attracted a fair amount of crypto whales.
You can also become an e-resident in Estonia and open an account there. They are crypto friendly so you can divert some funds to that account as well.
If this info was helpful then feel free to hook me up with some BTC
There are countries that are crypto friendly
Like Puerto Rico
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
You can simply go there, maybe buy a property (pay in BTC)
Then you can open a bank account there and convert BTC to fiat whenever you need to. Plus it is a Crypto paradise so you could probably even sell your BTC to locals. I'm sure the country has already attracted a fair amount of crypto whales.
You can also become an e-resident in Estonia and open an account there. They are crypto friendly so you can divert some funds to that account as well.
If this info was helpful then feel free to hook me up with some BTC
June 11, 2018, 12:26:23 AM
I'm from Malaysia,and I brought 8000 btc when many years ago(and glad that I still have found back).I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal? I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal? I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
Somebody sold 8000 Bitcoins today
June 06, 2018, 04:53:22 AM
..wow,,congrats dude..if that is real,,then you really a rich person now..but sad to say,,you cannot convert all of that in your fiat money..what should i advise you now is that you just do trading, and invest some of your btc in other crypto curriency so that your government would not doubt you in cash outing your money..
June 06, 2018, 02:45:16 AM
that's the problem people can not 8k bitcoins cash))) I have 0.1 bitcoin. You can throw me a couple of bitcoins and less trouble bottles! It can not cash out))) amused)))
June 06, 2018, 02:28:25 AM
You have so much Bitcoin, you can trade internationally, not necessarily you have to sell in your country.
June 05, 2018, 12:27:33 PM
Well, to be honest, my first impression is that you are lying.
The reason why is because if you really did jump in to btc a couple years ago, and can't even figure out how to cash out, then you obviously don't know the fundamental benefits of blockchain. Which means you are either ignorant all these years or lying.
But, I will give you the benefit of the doubt and offer a solution for you:
- Blockchain is decentralized p2p technology that is virtually untraceable to real life identities and accounts if done p2p. So, what this means, is that all you have to do is find buyers you can directly sell to and skip exchanges all together.
As far as banking goes, just make an offshore bank account. Do a quick google search, there are lots of companies that will help you do this.
If you are really lost, then I recommend using localbitcoin.com. It's basically ebay for btc.
You can find buyers easily through there and then have them pay through western union, or just direct deposit into your bank account.
One thing you need to realize though, is that no matter what changing 8000 btc into cash is going to take a lot of time, so take that into account.
The reason why is because if you really did jump in to btc a couple years ago, and can't even figure out how to cash out, then you obviously don't know the fundamental benefits of blockchain. Which means you are either ignorant all these years or lying.
But, I will give you the benefit of the doubt and offer a solution for you:
- Blockchain is decentralized p2p technology that is virtually untraceable to real life identities and accounts if done p2p. So, what this means, is that all you have to do is find buyers you can directly sell to and skip exchanges all together.
As far as banking goes, just make an offshore bank account. Do a quick google search, there are lots of companies that will help you do this.
If you are really lost, then I recommend using localbitcoin.com. It's basically ebay for btc.
You can find buyers easily through there and then have them pay through western union, or just direct deposit into your bank account.
One thing you need to realize though, is that no matter what changing 8000 btc into cash is going to take a lot of time, so take that into account.
June 05, 2018, 11:59:00 AM
just make a smaller scale withdrawal anyway that btc and money being exchange for bitcoin is not for your country to take instead it is from the contact of that exchange to the bitcoin exchange. Those money that will be used will be replace by after the exchange receiving those bitcoins and that is fiat money that will be given to the exchanger from the bitcoin exchange to your country.
June 05, 2018, 11:47:53 AM
And what prevents you from going to South Korea or Japan and cashed there in cash?
May 30, 2018, 02:36:23 AM
Whatever advice you decide to follow, DO NOT sell all those coins at once, for the following reason :
1. 8000 coins sold on a single exchange, will trigger a panic affect and it will crash the price.
2. If someone is trying to scam you, you do not lose all your coins in one scam.
3. If you have full access to the private keys of these coins, then you still have millions of dollars worth of free forked coins to sell.
My "Spider" senses are telling me that this is a scam, but I still want to protect a legitimate seller, if they are clueless about the impact of this decision.
1. 8000 coins sold on a single exchange, will trigger a panic affect and it will crash the price.
2. If someone is trying to scam you, you do not lose all your coins in one scam.
3. If you have full access to the private keys of these coins, then you still have millions of dollars worth of free forked coins to sell.
My "Spider" senses are telling me that this is a scam, but I still want to protect a legitimate seller, if they are clueless about the impact of this decision.
May 30, 2018, 01:37:14 AM
Guys,
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
No doubt bitfinex and coinbase are two big bitcoin exchanges and these two exchanges can help you to find cast out your money but for that you need us citizenship , I think your idea of opening bank account in us is good , you can cash out your bitcoins in this way but I have another alternative for you, you need not to sell them all at once, sell them in parts and moreover this time the valuation is also not that much high so for now sell a part of them in Malaysia only and hold the remaining for the future may be conditions will be different in the future. I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
May 28, 2018, 11:36:28 AM
That is incredibly huge. You just can't cash out that all at once. Do it portion by portion. Although i highly recommend sir, that you just encash about 50% of your bitcoin. Leave the remaining for your kids future. I'm just saying.
Go out to other country where bitcoin is not banned and cash out a small portion of your bitcoin. Then fly out again to another country and do the same. I suggest that when you do this tag along the whole family. It will be a double purpose, for cashing out and treating them for a vacation. This way everybody is happy.
Go out to other country where bitcoin is not banned and cash out a small portion of your bitcoin. Then fly out again to another country and do the same. I suggest that when you do this tag along the whole family. It will be a double purpose, for cashing out and treating them for a vacation. This way everybody is happy.
May 28, 2018, 09:13:18 AM
Right now you do not have to withdraw them as right now the price is lower and in the coming months the price of this coin will increase much higher than at that time it is possible that people in your country also have joined on a large scale and you will easily withdraw any amount you want.
May 28, 2018, 09:10:19 AM
Guys,
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
when I am in your position, I will try to move to another country that can make a sale with a large volume, or I will remain in that country by making sales in stages with small stages every month.
May 28, 2018, 09:00:41 AM
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
It's not joking right? Let me us know your address were funded 8000BTC. if you able to given a proof by sign message so congrats, you're one the most lucky on this planet. There is many way yo make your money be fiat money. I just trying with keywords " Exchanges in malaysia, so i got refference : https://www.buybitcoinworldwide.com/malaysia/ " I see a popular exchanges those listed. did you trying? You can do for daily withdrawal for max limit.
OP if youre really have that big bitcoin amount in your wallet,better move to singapore or other asian country like Philippines so you can withdraw that amount and live your life to the fullest.
Anyway congratulations
So you can cash out 5 Billion in PHP in a third world country? Was this done before?
May 28, 2018, 08:44:36 AM
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
It's not joking right? Let me us know your address were funded 8000BTC. if you able to given a proof by sign message so congrats, you're one the most lucky on this planet. There is many way yo make your money be fiat money. I just trying with keywords " Exchanges in malaysia, so i got refference : https://www.buybitcoinworldwide.com/malaysia/ " I see a popular exchanges those listed. did you trying? You can do for daily withdrawal for max limit.
OP if youre really have that big bitcoin amount in your wallet,better move to singapore or other asian country like Philippines so you can withdraw that amount and live your life to the fullest.
Anyway congratulations
May 28, 2018, 08:33:44 AM
wow congratulations bro,
i new in here bro,
i new in here bro,
May 28, 2018, 08:09:10 AM
is it a real bro? you have 8000 bitcoins right now? i think if you want to sell you can sell it in another country, and i think you can go to that country, sell your bitcoin, and holiday with that bitcoin. congratulations bro because of your bitcoin
May 28, 2018, 07:45:54 AM
Guys,
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).
I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.
I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.
——————————
updated: 6.1.2018 4:54pm
what country that can support 100 mil usd withdrawal?
I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.
I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.
well that is nice, to me what i will do is that i have to travel to another countries like Nigeria were they have alot of trading volume or you can hook with a guy that from different country that will assist you out with it. there alot from friends here in this forum that equally help you out. but you can pm i have a possible way of helping you out.
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