Topic: Question to the real G's over here. (Read 596 times)
Launder it and say you sold your bike or something
Are here people that cashed out for over 20k dollars/euro in there bank account?
what the problem ?
it's a wire ... they can't refuse it.
and, after all, if you can wire to exchange (to buy bitcoins) ... you can witdrawn in the other way (sell bitcoins).
that's what i do.
hint : buy things with loan ...
no need to "import" 20k anymore.bitcoins are to buy real things ... between 2 bitcoins users.
not to cash out all bitcoins in 1 order.
after all, bitcoins in a deflation money ... it's take value over the time.
lol I cashed out for over 30k in 2 years time (with no questions at all), now I'm starting to get scared because I need a lot of money to open a online store.
There for I need another 30k but now at once.
I only can prove that I mined by electricity bills and pictures of my script miner. But no prove of the blockchain.
Hope they not gonna fuck me in the arse for 'money laundring'.
There for I need another 30k but now at once.
I only can prove that I mined by electricity bills and pictures of my script miner. But no prove of the blockchain.
Hope they not gonna fuck me in the arse for 'money laundring'.
I've deposited&withdrew upto $9k at once from my bank account here in the states, although my bank is an online bank but the rules still apply whether online or brick. No questions from the bank, so far. I've only done it a few times last year and once this year. I believe if the amount is $10K or above is when they start ask questions.
Banks tend to ask questions if the amount of money deposited is more than about $1000 - in some places $600. So don't sell all at once. Do it very slowly over a period of at least a year.
You are correct banks will have many question that they will ask you if you deposit a lot of money to them.
They might flag you as suspicious person when depositing that kind of amount.
Banks tend to ask questions if the amount of money deposited is more than about $1000 - in some places $600. So don't sell all at once. Do it very slowly over a period of at least a year.
You can sell all your bitcoins at one time, but deposit the money into the bank over a longer period of time. Of course I wouldn't advocate doing such a thing, but one could probably evade taxes this way as well. 
it depends on your country and the banking system rules. i have never had any problem for amounts as big as 5 or more bitcoin. but here the banking system is a little bit more flexible lol
you should also be concerned about taxes. that is the issue that i mostly see people have problem with authorities.
you should also be concerned about taxes. that is the issue that i mostly see people have problem with authorities.
you should be more worried about your fiscal agent then bank, bank actually like people with big money in their account so they can play with them in forex market during week end
fractional reserve also it's a thing
fractional reserve also it's a thing
Thanks for the input my friend but are here some highrollers that cashed out big amounts (no pfish attempt..)
I really want to know how the bank reacts to this. And what if you cant prove where your corns came from due trading?
People cant take our btc but they can take our fiat.
I really want to know how the bank reacts to this. And what if you cant prove where your corns came from due trading?
People cant take our btc but they can take our fiat.
Afaik they ask such questions only over certain amount of money. And 5BTC is not such a huge amount.
Worst case you do this in 2 dumps, to make sure you stay under 2k$
Worst case you do this in 2 dumps, to make sure you stay under 2k$
Are here people that cashed out for over 20k dollars/euro in there bank account?
Does your bank invite's you for a research from where the cash/btc came from?
It is hard to prove where they came from if you traded it for 50x *.*
I'm a bit scared of dumping my 5 bitcoins soon.
Does your bank invite's you for a research from where the cash/btc came from?
It is hard to prove where they came from if you traded it for 50x *.*
I'm a bit scared of dumping my 5 bitcoins soon.
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