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Author Topic: When involving alot of money,would it be wise to fly yourself and your lawyer?  (Read 1160 times)
strunberg
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December 21, 2013, 05:34:37 AM
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When involving alot of money,would it be wise to fly yourself and your lawyer in?
Let's say you have Alot of money tied to an exchange,say Cryptsy.

Would it be wise to fly your lawyer and self to the "hq" of Cryptsy & Coinbase,and ask for transfer and withdraw of funds?
After all you wouldn't want something to potentially happen to that money..

It's quiet common for people to fly in to look a heavy  piece of equipment, before spending hundreds of thousands.\

Surely a few hundred dollars beats loosing hundreds of thousands, or even millions of dollars of bitcoin?

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December 23, 2013, 03:01:17 AM
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Most likely just best to call wherever the exchange is headquartered and hire a lawyer in that area. You likely won't get anything, and flying there doesn't really accomplish much.


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December 23, 2013, 04:47:17 AM
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depends on what "a lot" of money is

strunberg
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December 29, 2013, 04:35:27 AM
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depends on what "a lot" of money is

At the very least 100,000,if you were dealing with 1 million or more I bet you would strongly consider such an idea.

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December 30, 2013, 08:50:31 PM
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I'd wonder what the lawyer will be able to "look" at.  They would have to be pretty tech smart.  Just document everything as well as you can. 

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December 30, 2013, 09:37:50 PM
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I read somewhere (probably here) that someone flew to Miami for a deal involving 2 rolls of casacius coins that sold on eBay.  For that much I'd take the flight rather than trust paypal.
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December 30, 2013, 09:41:07 PM
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It depends on the amount of the transaction. Clearly you don't want to leave thousands of dollars around in paypal or other systems but you want cash in a nice 24hrs Tongue
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