vapourminer
Legendary
 Offline
Activity: 4508
Merit: 4095
what is this "brake pedal" you speak of?
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June 25, 2019, 11:48:10 AM |
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I’ve never sold moderate to large amounts of coin before (fiat wise) so I’m a bit nervous about that in the future.
I don’t want to get caught with my pants down so I admit that last week I verified my UK bank & ID with Coinbase in preparation.
Great. By this time next year your data will be shared among all exchanges.  yup. and thats why ive always downloaded the trade histories on exchanges ive use (even those that dont have KYC now) and included them in my taxes. just incase ((someone)) gets my entire trade history from every exchange ive used. anyway getting KYCed now and talking to the bank(s) you use as entry exit points isnt a bad idea. im on very good terms with mine, and have never had any problem moving somewhat largish amounts through it. |
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fillippone
Legendary
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Activity: 2338
Merit: 16662
Fully fledged Merit Cycler - Golden Feather 22-23
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June 25, 2019, 11:48:45 AM |
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LFC_Bitcoin
Legendary
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Activity: 3710
Merit: 10446
#1 VIP Crypto Casino
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Just gone out for lunch, spotted a beer bump with a familiar name? micman?   |
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Woodie
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June 25, 2019, 11:52:03 AM |
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Just when everybody thought bitcoin is dead and a miracle happens #bitcoin_is_ALIVE! Credit to giphy |
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serveria.com
Legendary
 Online
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
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Just when everybody thought bitcoin is dead and a miracle happens #bitcoin_is_ALIVE!Credit to giphyDude you're at least 3 months late with that meme |
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JSRAW
Legendary
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Activity: 2338
Merit: 1553
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June 25, 2019, 12:32:05 PM |
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LFC_Bitcoin
Legendary
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Activity: 3710
Merit: 10446
#1 VIP Crypto Casino
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June 25, 2019, 12:37:01 PM |
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$11,160
Correction!
Maybe time to take a breather before the next breakout?
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AlcoHoDL
Legendary
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Activity: 2548
Merit: 4741
Addicted to HoDLing!
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June 25, 2019, 12:46:31 PM |
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$11,160
Correction!
Maybe time to take a breather before the next breakout?
No. No breather. I want THIS: https://youtu.be/DmeUuoxyt_E |
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CryptoNeed
Full Member
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Activity: 504
Merit: 137
Nope.
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June 25, 2019, 12:59:57 PM |
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Let's see if it's only a dip or a bigger correction. Much needed imho.
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Alexander_Z
Member
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Activity: 114
Merit: 26
Z
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June 25, 2019, 01:15:41 PM |
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Let's see if it's only a dip or a bigger correction. Much needed imho.
I would say that it's not only much needed, but somewhat overdue... |
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BitcoinGirl.Club
Legendary
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Activity: 2954
Merit: 2785
Bitcoingirl 2 joined us 💓
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June 25, 2019, 01:21:40 PM |
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$11,160
Correction!
Maybe time to take a breather before the next breakout?
$11,220 going to break $11,500 soon. I hope we do. |
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zhekinsp
Full Member
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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June 25, 2019, 01:23:58 PM |
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$11,160
Correction!
Maybe time to take a breather before the next breakout?
Yes we still a long way to go,so there maybe a break for few hours.  via Imgflip Meme Generator |
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soullyG
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June 25, 2019, 01:26:52 PM |
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That was my first thinking but I wouldn’t even know where to start.
I’m nowhere near selling anything now but I really want to be prepared this time.
I sold my BCH in late 2017. That was quite a lot of money but I transferred it into bitcoin & sold it to a few people on LBC. I don’t think I want to be selling hundreds of thousands of pounds worth on LB in this cycle.
https://genesistrading.comhttps://www.b2c2.comhttps://cumberland.iohttps://www.circle.com/en-gb/tradeI think LBC would still be a very good option as long as you stick with the biggest traders. I've read of others on r/bitcoinuk who sold 500 grand and more to one person in one go. It would be more sensible to break the sales up but it's likely whichever bank they go to will have kittens. Thanks man, I’m saving this post. That’s the next thing isn’t it, worrying about our personal banks I owe you some Merit for this post when my source allowance replenishes. If you're in the UK you could try Coinfloor: www.coinfloor.co.uk |
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_javier_
Member
Offline
Activity: 444
Merit: 31
Still a manic miner
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June 25, 2019, 01:37:11 PM |
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That was my first thinking but I wouldn’t even know where to start.
I’m nowhere near selling anything now but I really want to be prepared this time.
I sold my BCH in late 2017. That was quite a lot of money but I transferred it into bitcoin & sold it to a few people on LBC. I don’t think I want to be selling hundreds of thousands of pounds worth on LB in this cycle.
https://genesistrading.comhttps://www.b2c2.comhttps://cumberland.iohttps://www.circle.com/en-gb/tradeI think LBC would still be a very good option as long as you stick with the biggest traders. I've read of others on r/bitcoinuk who sold 500 grand and more to one person in one go. It would be more sensible to break the sales up but it's likely whichever bank they go to will have kittens. Thanks man, I’m saving this post. That’s the next thing isn’t it, worrying about our personal banks I owe you some Merit for this post when my source allowance replenishes. If you're in the UK you could try Coinfloor: www.coinfloor.co.ukLFC, why dont you try a couple of prepaid debit cards? You send crypto and its charged with fiat. Monthly limit is 20k usd.. more than enough for daily use. Some cards issuers are from Gibraltar, so maybe it is good for low profile usage...  |
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machasm
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June 25, 2019, 01:46:22 PM |
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I use Wirex.
Seems to do the job but only for daily use rather than large cashouts.
I have used Kraken for sums in excess of £30k without too much trouble although KYC is required.
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JimboToronto
Legendary
Offline
Activity: 4186
Merit: 4865
You're never too old to think young.
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June 25, 2019, 01:51:55 PM |
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Good morning Bitcoinland.
I see we had another AYH followed by another lovely correction/retrace... currently $11297USD/$14880CAD (Bitcoinaverage).
Seems we've been doing this a lot lately. No problem. It never gets boring. Keep the slow measured steps up coming regularly without running away.
Hopefully soon they'll be ATHs and not just AYHs.
Go Bitcoin go.
________
We've been seeing a few milestones lately... $10kUSD, 10kEUR $15kCAD
Onward and upward.
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siggy_77
Jr. Member
Offline
Activity: 50
Merit: 57
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June 25, 2019, 01:52:16 PM |
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Ok, I’m going to sell 15% at $25,000. JJG, you’ll be happy to know I’ve perfected my plan now in theory.
Way too much way too early. 1% maybe at $100k. Maybe. Depends... what if 15% at 25k locks in just enough to quit ones job and be financially comfortable for the rest of your life? Everyone needs to look at their own situation and optimize for best life quality. Make the plan now, and don't get wrapped up in FOMO when it hits.... Just a random thoughts... |
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CryptoNeed
Full Member
Offline
Activity: 504
Merit: 137
Nope.
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June 25, 2019, 01:52:35 PM |
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I use Wirex.
Seems to do the job but only for daily use rather than large cashouts.
I have used Kraken for sums in excess of £30k without too much trouble although KYC is required.
Got the same combo. Wirex works just fine and after KYC Kraken processed a 5-digits cashout without any problems. |
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gembitz
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June 25, 2019, 01:54:10 PM |
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Good morning Bitcoinland.
I see we had another AYH followed by another lovely correction/retrace... currently $11297USD/$14880CAD (Bitcoinaverage).
Seems we've been doing this a lot lately. No problem. It never gets boring. Keep the slow measured steps up coming regularly without running away.
Hopefully soon they'll be ATHs and not just AYHs.
Go Bitcoin go.
mornin' jimbo :-D 12K closeeeee !! |
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