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Title: It seems really hard to liquidify BTC Post by: shamntalk on March 05, 2013, 01:27:19 PM I don't understand this - max limit to get fund withdrawals from MTGOX is 1k usd/day.
So first of all that's going to be killer on transfer fees, but more worryingly it means your money is tied to BTC at the tune of 10k max per month. What am I missing? Sounds insane to invest money in something you can't get out off easily, especially considering how volatile the market is. Title: Re: It seems really hard to liquidify BTC Post by: DeathAndTaxes on March 05, 2013, 01:30:50 PM https://fastcash4bitcoins.com
Can get a bankwire for up to $7,000 today and have cold hard cash (well 1s and 0s) in your bank account in a matter of hours. There are a half dozen major exchanges, private brokers, companies like coinbase, etc. MtGox =/= Bitcoin Title: Re: It seems really hard to liquidify BTC Post by: BIGMERVE on March 05, 2013, 01:51:40 PM Get verified on Mt.Gox and you can withdraw much more. Also try localbitcoins. I bet you can find someone who will trade as much as you like.
Title: Re: It seems really hard to liquidify BTC Post by: bowen151 on March 05, 2013, 02:10:57 PM Take the BTC out of gox all together ??? Bye bye limits!
Gox isn't the only exchange, they do not, i repeat they do not have a monopoly on the BTC exchange market. They are well known to all the coiners of course. Go off exhange, on exchange, barters, trades, silk roads, the only limits are the ones that you inadvertently put on yourself by not knowing the other methods of fencing your BTC. The sharks on these forums would take an arm and all off of you if you sold at a low enough rate, relative to the market price. If you have the BTC someone out there has the £/$/€'s |