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Topic: Sell my bitcoin from 2010 (Read 1867 times)
CarnagexD
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Re: Sell my bitcoin from 2010
February 05, 2021, 10:03:00 PM
#161
Selling that much bitcoins all at once gets you flagged for either fraudulent or suspicious withdrawal, the exchanges we have do not expect that amount of withdrawal, all at once, even if you were a pioneer and someone who held bitcoins for a very long time. If ever, do it slowly, at least 10 btcs per week so no one notices it.
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Traderbtcc
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Re: Sell my bitcoin from 2010
February 05, 2021, 10:08:08 PM
#162
That's quite some large amount of bitcoin right there, if you sell that huge amount of bitcoin at a time it will really affect the current price of bitcoin, mere moving from one wallet to the other will raise some eye brows in the crypto market
, if you actually have such amount and want to sell I won't recommend any centralized exchange, cause they will ask you to provide KYC to be able to withdraw, so if you want to withdraw under the radar, I would advice you withdraw/exchange it for fiat piece by piece, you can't sell all at once.
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iq_armando
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Re: Sell my bitcoin from 2010
February 05, 2021, 10:12:18 PM
#163
Quote from: CarnagexD on February 05, 2021, 10:03:00 PM
Selling that much bitcoins all at once gets you flagged for either fraudulent or suspicious withdrawal, the exchanges we have do not expect that amount of withdrawal, all at once, even if you were a pioneer and someone who held bitcoins for a very long time. If ever, do it slowly, at least 10 btcs per week so no one notices it.
Withdrawing 10 btc ($ 378,000) per week has to be noticed by someone.
I don't really know how OP can make you on the tax issue.
https://opensea.io/accounts/iq_armando
xcaret
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Re: Sell my bitcoin from 2010
February 05, 2021, 10:12:49 PM
Last edit: February 07, 2021, 02:29:31 AM by xcaret
#164
Quote from: iq_armando on February 05, 2021, 09:18:53 PM
Quote from: iwoswinvs on January 19, 2021, 10:24:04 AM
Good morning all
I wanted to thank the person who introduced me to Bitcoin 2010
quote..
No, That's not when you were introduced to Bitcoin . You better check your very first post that you made in Jan. 2020..
You stated that you bought them 12 years ago remember ?
yeah, that was back in 2008.
But not to worry ,the geniuses answering you with their brilliant advise haven't picked up on your error ,probably never will .
BTW does your mother know your playing on her computer again ?
Your probably going to be grounded again. Bad boy !
Zemomtum
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CitizenFinance.io
Re: Sell my bitcoin from 2010
February 05, 2021, 11:41:19 PM
#165
Is this real or just a joke? Well, you can sell them in bunches and not once at ago. Why in hurry at this moment if you can hold for long period as such?
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Inkdatar
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Re: Sell my bitcoin from 2010
February 05, 2021, 11:55:02 PM
#166
This is so huge selling bitcoin at once may have an impact on bitcoin price. I'm surprise if you really forgot you had bitcoin from 2010. If this is true will then a victory on you, seeing the current market price increase and you have this bag of bitcoin in your wallet is incredible. As others have been saying here selling weekly is also a good decision, anyway, it is still your decision to follow.
HardFacts
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Activity: 434
Merit: 29
Re: Sell my bitcoin from 2010
February 06, 2021, 06:24:03 PM
#167
Quote from: CarnagexD on February 05, 2021, 10:03:00 PM
Selling that much bitcoins all at once gets you flagged for either fraudulent or suspicious withdrawal, the exchanges we have do not expect that amount of withdrawal, all at once, even if you were a pioneer and someone who held bitcoins for a very long time. If ever, do it slowly, at least 10 btcs per week so no one notices it.
How UTTERLY STUIPD can GULLIBLE can you be
Anyone that actually falls for this has the intellectual capacity of a 5 year old
The people that are posting " solutions " instead of calling out an obvious lie are a SPECIAL KIND OF STUIPD
Bitcoinislife09
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Diamond Hands 💎HODL
Re: Sell my bitcoin from 2010
February 06, 2021, 06:44:48 PM
#168
Quote from: iwoswinvs on January 11, 2021, 10:43:41 PM
Hello
after 12 years i remember i bought bitcoin in 2010
is it possible to sell more than 50,000 bitcoins at once or is it better to sell direct to a private individual like grayscale or microstrategy?
That was too many bitcoin for you to forget, you're already a billionaire. congratulation to you if it is true. Maybe selling it as a whole today is not a great strategy because 50k bitcoins is a high volume in the market and could affect the market bringing the price down and the fees it would take is so high also. Maybe you could sell a low volume of it in the market maybe weekly and you could experience some problems withdrawing that kind of money in just one wallet or maybe an exchanger that you use. Your so lucky but I don't think you really have 50k bitcoins.
panganib999
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Re: Sell my bitcoin from 2010
February 07, 2021, 01:36:09 AM
#169
Quote from: Kez1817 on February 06, 2021, 11:36:23 PM
Quote from: iwoswinvs on January 11, 2021, 10:43:41 PM
Hello
after 12 years i remember i bought bitcoin in 2010
is it possible to sell more than 50,000 bitcoins at once or is it better to sell direct to a private individual like grayscale or microstrategy?
I think you're just making this post to be notice here because at first you have a wrong calculation in the years since you bought bitcoin. It's only 10 years and not 12 years. Also if you really have that amount of bitcoin I think you should keep it by yourself and learns also by yourself on how to sell that.
There is always been a miscalculated about the years bitcoin first all time high. I think bitcoin have been created early as 2010 and we don't actually lnow that or aware because it is very simple and the valie ain't gonna ring a bell for us. But I think the idea of the question is that what if he sell bitcoin today from what he have from 2010. He may be having some hard time thinking that it would be a blast as of it now. Bitcoin may be in its new all time high today or making it to a new record, who knows. The fact that bitcoin is become nothing to something is on3 of the most regretful decision people made from their 2010 or starting self.
Rasel5209
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Re: Sell my bitcoin from 2010
February 07, 2021, 03:57:32 AM
#170
Quote from: iwoswinvs on January 11, 2021, 10:43:41 PM
Hello
after 12 years i remember i bought bitcoin in 2010
is it possible to sell more than 50,000 bitcoins at once or is it better to sell direct to a private individual like grayscale or microstrategy?
I tell you Don't try to sell it in a day. Today is best time for selling bitcoin you can choose deferent exchange for sell and deferent day.
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