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reddeworld
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September 17, 2018, 10:08:10 PM
 #21
It's difficult to get cash directly from Bitcoin. Some are proposing to put people who want to sell bitcoin with people who want to buy but it's restrictive. Some projects are bringing solutions to solve this cash-out issue.

Quote from: aliitp on August 23, 2018, 01:21:09 PM
I have few concerns regarding this, say BTC does Hit 100k suddenly (like it did when it jumped to 19k about a year ago) at some point, will Any Exchange actually accept buying my ONE (1 BTC) and give me Cash Huh?.....

Which Trusted International Exchanges should I deal with to sell my BTC in exchange for Fiat ??...

I am from Dubai, we have here a website called Bitoasis, but am hesitant, I have a feeling that many exchanges will refuse buying my BTC for real cash WHEN BTC hits huge numbers 30-100k $...

plz correct me if am wrong...
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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chocolah29
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September 18, 2018, 09:01:24 AM
 #22
Quote from: mjglqw on August 23, 2018, 03:21:51 PM
Quote from: aliitp on August 23, 2018, 01:21:09 PM
I have few concerns regarding this, say BTC does Hit 100k suddenly (like it did when it jumped to 19k about a year ago) at some point, will Any Exchange actually accept buying my ONE (1 BTC) and give me Cash Huh?.....

Which Trusted International Exchanges should I deal with to sell my BTC in exchange for Fiat ??...

I am from Dubai, we have here a website called Bitoasis, but am hesitant, I have a feeling that many exchanges will refuse buying my BTC for real cash WHEN BTC hits huge numbers 30-100k $...

plz correct me if am wrong...

Yeah. Why would they refuse? Services that buy and sell bitcoin makes profit regardless of high or low bitcoin's price is as they have their own price cuts. It's not like they would hold(or hodl) the bitcoin. Those kinds of services pretty much automatically sell the bitcoin they buy and vice versa to protect them from the volatility.

Exactly. And in the first place before they step in to that business they already knew the consequences of it so you as their customer, you don't need to worry about this and just trade your bitcoin into fiat. To be honest, having this kind of business is really good but you need huge capital.  Roll Eyes

Likely, you can sell your bitcoin easily on your local bitcoin sites. There you go.
https://localbitcoins.com/places/596218/dubai-al-ain-road-united-arab-emirates-ae/
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