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Topic: Where can I sell a large portion of my Bitcoins at once? (Read 2603 times)

full member
Activity: 238
Merit: 100
LOL! Off topic but... how much did you pay for those bitcoins originally, and when?
legendary
Activity: 1722
Merit: 1014
Better you find someone local buyer in your area to buy your all bitcoins and give you the cash by hand.
copper member
Activity: 924
Merit: 1007
hee-ho.
Why not just spend them? You are going to lose more money exchanging them back into fiat.

maybe he wants to buy a house or a car... AFAIK you can't buy a brand new Ferrari using BTC  Grin
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Why not just spend them? You are going to lose more money exchanging them back into fiat.
sr. member
Activity: 336
Merit: 251
I'm planning on buying quite a large quantity towards the end of this month. Will drop you a PM around then to see whether you still have any left to sell.

I agree with some of the other posters, keep some of the coins for another year or two, do not sell all of it.
member
Activity: 90
Merit: 10
Gatecoin.com - Trade BTC/ETH/REP/DGD/1ST/SNGLS
Hi,

We are a regulated bitcoin exchange, based in HK, with a banking partnership in Europe, where we have segregated client accounts, accessible from 40 countries and through sepa transfers.
We have USD, EUR and HKD order books and process block sales.

/pm if you are interested in selling your coins there

legendary
Activity: 3248
Merit: 1070
now that i think about it, why you want to sell them? can't you use those btc to buy a thing directly with it, we should really stop converting btc to fiat, btc should be indipendent from those fiat garbabe

i heard of plenty of guys that bought an house with btc or a car, you could try this route, also doing this will not help the price crashing.
newbie
Activity: 28
Merit: 0
 Trade everything using algo.  Plug for Tradewave.
sr. member
Activity: 364
Merit: 250
You can create an account in exchange or trading sites. After that you should sell your BTC with lower prize than the others, so it will not take a long time to sell all of them. After your BTC are sold out, you can withdraw your money to your local bank account.
sr. member
Activity: 574
Merit: 253
If I need urgent money, I'd sell 1/3 of that.

If not, I keep them. If I don't want to keep them, I sell %50 of them and sell rest of it a few week later.
sr. member
Activity: 280
Merit: 250
Bro, you need to try http://dadice.com
Wow, are you an early adapter?
Selling bitcoins is much easier than buying. Just search up some websites, but they have a certain limit. Try find a buyer on the forum if you want to.
Coinbase and bitstamp are probably the biggest exchanges. If you are in Europe, use Hitbtc.

Good Luck!
newbie
Activity: 16
Merit: 0
i suggest he donates some of hes bitcoins to some charity given the fact hes not a fan of bitcoin at lease % would go to a good cause.
legendary
Activity: 3248
Merit: 1070
if you plan to sell all at once, i don't recommend exchange, because you need id in order to sell such amount, and you will pay taxes for that resulting in a lower net at the end

if you can do it locally(in your zone) is better, or via localbitcoin also

Yeah, I had a felling selling them through an exchange wasn't as simple as people made it out to be. And i've been selling them locally through localbitcoin but most people just buy a couple at a time. I'm trying to sell them all (most) at once.

then Circle may work, because they don't ask you for id, but they want your legal name and phone
legendary
Activity: 1848
Merit: 1023
I am a good bro
You can buy bitcoin debit card and use it for everything you want.
sr. member
Activity: 490
Merit: 250
No, RodeoX is correct. A licensed exchange is the safest place to sell them now. Burt was a localbitcoins thing. That's what my joke was about earlier in the thread.

I happened to agree with Chef Ramsey though. This story is unbelievable. 
Yep, the html is probably manipulated since it doesn't show the QR code or the address of the bitcoin wallet.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
No, RodeoX is correct. A licensed exchange is the safest place to sell them now. Burt was a localbitcoins thing. That's what my joke was about earlier in the thread.

I happened to agree with Chef Ramsey though. This story is unbelievable. 
full member
Activity: 128
Merit: 100
Open an account at any exchange, get yourself verified, sell the coins and transfer the money into your bank account.  It's pretty simple.

+1 I don't think you will find a better answer.

It is not that simple. If he follows this advice, he'll probably share the same fate as of BurtW.
hero member
Activity: 672
Merit: 503
I would be more worried about finding a bank that won't freeze your funds in the instant your money arrives.  And of course with taxes.
For such big values any big exchange is good for you.


Exactly, thats why you sell very slowly, or better yet, hold until you don't need to sell since you can buy everything with a sky rocketer stable BTC price.
sr. member
Activity: 490
Merit: 250
Pretty much what xhomer posted however, I find it very interesting that a person purchased thousands of dollars of something some time back yet didn't pay enough attention to it until now. I'm not buying this, sorry.
You think he Ctrl+U to edit the html ? Would be a shame, I would believe this story if he posted the bitcoin address  of the blockchain.info account holding all these coins.
legendary
Activity: 1442
Merit: 1016
1165 BTC! WOW!
When you bought in 2012 the price was really low compared to now.
If you don't need money at the moment and you just wanna go for profit I would hold for a few months longer. The price will go up again I'm pretty confident about that.
But for the moment you can open accounts at the exchanges with high volume and put some BTC on each.
Once again!If you wanna go for profit hold your coins for a few months longer is my opinion.
In the long run this stash could be worth a hell of money. I hope you won't regret in the future if you sell now.
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