So if I wanted to cash out 10,000 BTC where would I do that?

[superside]

All in the topic

[holy_cow]

At an BTC exchange.

[superside]

That's like saying if you want to buy crack go to a crackhouse

[holy_cow]

That's like saying if you want to buy crack go to a crackhouse

Sorry I didn't know you were looking for a high scale, lives on the 102nd floor type of crack dealer.

[willson]

mtgox.com, if you want to cash out instantly with 10k, you will get between 142 and 132

[superside]

Doesn't mtgox have a 100btc/$1000 limit per day

[tosku]

Doesn't mtgox have a 100btc/$1000 limit per day

On withdrawals, yes. You can sell all your BTC at once, and then withdraw $1000 every day for a long long time. Maybe there's a monthly limit as well? If you verify your account, the limit is higher.

[willson]

https://en.bitcoin.it/wiki/MtGox

"MtGox imposes a $1,000 USD limit for withdrawals per 24 hours and a $10,000 USD limit for withdrawals per month with most non-verified accounts. Bitcoins withdrawn are counted toward this limit as well and the USD value is calculated at the market rate at the time of the attempted withdrawal. Customers that have been Verified have higher limits and customers that have Trusted status have limits even higher[8]. Any account-to-account transfers made also count toward this limit as well.
Requests for higher withdrawal limits may be submitted by email
For higher limits for withdrawal of USD funds, email: aml@mtgox.com
For higher limits for withdrawal of BTC funds, email: btcupd@mtgox.com"

Good luck

[willson]

Also, http://bitcoincharts.com/markets/mtgoxUSD.html the bottom graph might be useful for you

[superside]

Sweet, thanks guys.
FYI, I don't have 10k in btc I was just interested. Not trying to destroy the value just yet

[EastcaostSix]

Mtgox if you want the highest dollar value.

[strikegold]

wow!  wish i had a luxury problem like this  

[PachucoBro]

I would get on a plane and fly to you and we could both walk into a local branch of my CHASE bank and we can get this deal done in an hour or so.

The rate would be at $113.60 USD.

Where are you located?  

[PachucoBro]

Mtgox if you want the highest dollar value.

Actually at the moment if you sell 10,000 BTC at market price then you would get down to $133 per BTC which actually is not that bad and it would happen instantly.

[superside]

haha, sorry guys I only have about 800 btc right now. This was just curiousity

[willson]

Pachucho, play eve online?

[PachucoBro]

Pachucho, play eve online?

Yup! Would I know you by another name?

[casascius]

If I had 10k btc I wanted to cash out, I would post an offer to sell it in exchange for a wire transfer.  I'd offer a notarized agreement to deliver and to use an escrow of the buyer's choice.

This method works.  Done it in the past (when 10k btc was worth much less).

[willson]

Pachucho, play eve online?

Yup! Would I know you by another name?

Unlikely, just saw the old eve avatar, I've been playing since 06

[howzar]

You can use a verified highest level Mtgox with a big daily limit (you need to attach some documents but that shouldn't be a problem)
after that you can withdraw the rest by bitinstant through there multiple methods.