If you had suddenly 500 BTC

[densuj]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

For 500 BTC i will use crypto mixing services every i sell bitcoin on markets and i think it is make me still anonymous. And about the efforoties i will explain that all of my things are from trading.

[hermanhs09]

Having such a huge volume of bitcoin suddenly within your wallet is not at all possible. Due to luck one or two users get this possibility of getting such an amount. Also user easily becomes rich.

I hear you   But op is assuming that IF you have suddenly 500 BTC  in your wallet address.

Anyway,  you can spend it little by little, you don't need to encash them right away.   There are several ways actually but putting up a small business then eventually making it grow (thru your continous withdraw of your BTC and fund it)  will at least take the suspicion away.  You can declare all the accumulated assets and give tax to the government.

Pretty nice idea,i would probably look for some really wealthy guy who is a millionaire probably,and i would offer him giving my whole balance (500 bitcoins)
for reaching,let's say 3-4% a month,i would not do anything,he would work for me and i would get about 15 btc monthly

[Farma]

so far I just have two more BTC. I could not imagine if it has 500 BTC in my wallet. I think I will sell all bitcoin I have, and buy a luxury home. but maybe I'll leave some BTC so that I can make it grow back. may create trade sites well enough to make an income. but, I'll do it after buying a luxury home 

[trafficolaa]

I wish if it would happen that magical with me when I will have 500 coins into my wallet, I would sell all my coins and will buy a new house for me and that kind of magical happening can make my dream come true, let's see when I will have more than 500 BTC into my wallet.

[Sniper44]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

first of all it depends on the country that you are living in, some countries aren't that strict about where you bring your money from!

but also asking this question here is not going to help you and get you anywhere, you need a money launderer to solve your problem

[enhu]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

If you are smart enough, you won't buy anything that will cause you to be on the spotlight of authorities. 
You may need to set up a fake business or why not real business just to make sure your neighbors see that you are working on something.
Maybe make partners with some people you know and work on it  to profit and that's the time you buy something.

[Superbitzz]

that is such a big amount and you know if i convert it to USD and then to my local currency. you cannot imagine how big is this amount. i think that is enough for a family for their 30 year of life. buy you know i am expecting more may be many more from 500 bitcoins. and still i am hopful that i can achieve the target.

[KingdomHearts]

if i had suddenly 500 BTC then i will not need to work then i will invest that bitcoin in online business and i will invest bitcoin on real business because 500 BTC is very big amount for starting to expansive business  .

[iqlimasyadiqa]

if i had suddenly 500 BTC then i will not need to work then i will invest that bitcoin in online business and i will invest bitcoin on real business because 500 BTC is very big amount for starting to expansive business  .

if it happened to me. I will sell all bitcoin I got it. I will get 350,000 USD. with that money I just stayed silent until the old days. I'll save money in bank term deposits. it will add to my money as much as 7% annually. it is a very pleasant life.

[clickerz]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

If you are smart enough, you won't buy anything that will cause you to be on the spotlight of authorities. 
You may need to set up a fake business or why not real business just to make sure your neighbors see that you are working on something.
Maybe make partners with some people you know and work on it  to profit and that's the time you buy something.

I agree with you since people/neighbors,authority will be suspicious if you suddenly on a buying spree Just buy slowly, make a business OR relocate your residence

[andrew24p]

Id cash everything out and hire a duck marching band to follow me around all day.

[Jemzx00]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

Banks will not ask alot of question if they know that you got it from bitcoin due to it's mysterious thingy. And even if they did ask alot of things then say that it's from bitcoin and you owe a site where you got that many.

[shamzblueworld]

I would transfer to the bank if it is possible(in my country) and if not, I'll probably buy some stuff, or sell them using localbitcoins.

[avikz]

It is very risky for someone to transfer 500 BTC to the bank account without triggering the alarm.

So it is wise to transfer in fractions. May be 5-10 BTC in one go. This would ensure your banks will not raise any concern to any regulatory authority.

Also the frequency can be monthly instead of weekly. This way you can show it as your salary.

[Supercrypt]

It is very risky for someone to transfer 500 BTC to the bank account without triggering the alarm.

So it is wise to transfer in fractions. May be 5-10 BTC in one go. This would ensure your banks will not raise any concern to any regulatory authority.

Also the frequency can be monthly instead of weekly. This way you can show it as your salary.

That's true. The banks would question you where you got those amount if you try to withdraw them all in one go.
If you can't provide any proof of earnings, then you are surely going to jail because they are going to assume you stole them from someone or is trying to launder money.

[abugseuf]

that is such a big amount of bitocin. i think cannot even expect it to found 500 bitocins. it can change the whole life style of a person. i think then there is no need to wait for any more biicoins that will be enough for living i think.

[2legit2]

that is such a big amount of bitocin. i think cannot even expect it to found 500 bitocins. it can change the whole life style of a person. i think then there is no need to wait for any more biicoins that will be enough for living i think.

thats true, my life would definitely be changed, i would most probably buy a lot of stuff with it and give away some of the bitcoins to other people if i got it for free

[AioFox]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

If you are smart enough, you won't buy anything that will cause you to be on the spotlight of authorities. 
You may need to set up a fake business or why not real business just to make sure your neighbors see that you are working on something.
Maybe make partners with some people you know and work on it  to profit and that's the time you buy something.

 That might be a timely financial investment, or an investment in yourself to start a new career or kick-start a passion project. You could begin a fitness program, spruce up your home, or update your tech set-up. Or just recharge with a memorable weekend getaway.You can build a diversified IRA portfolio with as little as $1,000—or less.

[lucsky]

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

first of all it depends on the country that you are living in, some countries aren't that strict about where you bring your money from!

but also asking this question here is not going to help you and get you anywhere, you need a money launderer to solve your problem

Exactly. you are absolutely right.
There are countries that have a lot of bureaucracy in the banking sectors, as well as a constant monitoring work of remittances.

[CoinBreader]

do that with the follow ways
1)small amounts 10btc on differnt bank
2)btc credit cards
3)look for your local bank limits (with a guy from inside the bank)
4)Why do you want to spent your btc in fiat at once ??