Goodbye Fuckers!! I cashed out my BTC @ 15.000

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  • Ferus
    Bye - Left to do stuff
    • Feb 2013
    • 4108

    #1

    Goodbye Fuckers!! I cashed out my BTC @ 15.000

    I have been silent for the last few days - Sorry Gary, would have posted more in your retarded topic.

    But to make a long story short - I cashed out my BTC @ 15.000

    My plan was to cash out at 10k, because that would leave me with enough money - but I got greedy, and hung in there a little longer. Talked to the wife about it, and we moved the bar to 15000.

    Gotta say its quite a problem to cash out, but thanks to fellow dane Niklas Nikolajsen (co founder at https://www.bitcoinsuisse.ch/ ) for helping us out,

    So you wont see me around here anymore - look out for new silver Mercedes g350 with overpriced danish custom plates "freedomFun".



    Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy
  • just a punk
    So fuckin' bored
    • Jun 2003
    • 32393

    #2
    A year or two later you will regret so much...
    Obey the Cowgod

    Comment

    • NALEM
      Confirmed User
      • Nov 2010
      • 3163

      #3
      Originally posted by Ferus
      I have been silent for the last few days - Sorry Gary, would have posted more in your retarded topic.

      But to make a long story short - I cashed out my BTC @ 15.000


      Gotta say its quite a problem to cash out, but thanks to fellow dane Niklas Nikolajsen (co founder at https://www.bitcoinsuisse.ch/ ) for helping us out,
      Ferus, sending you a PM now. Have a question about Niklas. - Alex
      "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

      Comment

      • 2MuchMark
        Mark of 2Much.net
        • Aug 2004
        • 50977

        #4
        Congratulations, but why would you buy some a Fugly car?

        Comment

        • Sly
          Let's do some business!
          • Sep 2004
          • 31376

          #5
          Originally posted by Ferus
          Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy
          You should share that story at some point. More people need to hear shit like that to wake them up.
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          • CaptainHowdy
            Too lazy to set a custom title
            • Dec 2004
            • 94731

            #6
            The dream is gone??

            Comment

            • Smack dat
              So Fucking Banned
              • Jul 2016
              • 4613

              #7
              congrats

              Comment

              • MaDalton
                I am Amazing Content!
                • Feb 2004
                • 39861

                #8
                good for you, enjoy your freedom!
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                Comment

                • The Porn Nerd
                  Living The Dream
                  • Jun 2009
                  • 19787

                  #9
                  So you are leaving the porn biz?
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                  Comment

                  • money biz
                    Confirmed User
                    • Jan 2003
                    • 1016

                    #10
                    I saw Sylvester Stallone at starbux in one of those cars.

                    Comment

                    • JFK
                      FUBAR the ORIGINATOR
                      • Jan 2002
                      • 67373

                      #11
                      Originally posted by Smack dat
                      congrats
                      Yup, enjoy the Car !

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                      Comment

                      • SpicyM
                        Confirmed User
                        • Aug 2006
                        • 4575

                        #12
                        Originally posted by Sly
                        You should share that story at some point. More people need to hear shit like that to wake them up.
                        agreed
                        no sig, sorry

                        Comment

                        • mineistaken
                          See signature :)
                          • Apr 2007
                          • 29656

                          #13
                          I would be scared to cash out that much. Imagine you upload some million bucks worth of BTC to the exchanger and he decided to run off to some beach with that instead.

                          Comment

                          • NatalieK
                            Natalie K
                            • Apr 2010
                            • 20110

                            #14
                            Originally posted by Ferus
                            Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy
                            Glad you woke up at last & have decided to move to a place you can enjoy relaxing, we took that road 3 years back & have not looked back, it´s been a better life month to month, year by year...

                            Congrats on the btc payout too
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                            Comment

                            • mineistaken
                              See signature :)
                              • Apr 2007
                              • 29656

                              #15
                              As for G - I read today that they released first official info about the new G (previous Gs were just updates/facelifts). Just random piece of info

                              Oh, and I won't post about your country change. Some people might guess what I would say (unless Italy ws your home country), lol.

                              Comment

                              • GAMEFINEST
                                Make STACK$
                                • Nov 2006
                                • 14478

                                #16
                                Peace out
                                Compound interest.

                                Comment

                                • bns666
                                  Confirmed Fetishist
                                  • Mar 2005
                                  • 11554

                                  #17
                                  congrats
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                                  Comment

                                  • Zuzana Designs
                                    All Your Design Needs
                                    • Feb 2005
                                    • 20896

                                    #18
                                    GFY needs more threads like this! Good for you

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                                    Comment

                                    • Spunky
                                      I need a beer
                                      • Jun 2002
                                      • 133986

                                      #19
                                      Don't try to hoodwink us

                                      Comment

                                      • $tandaman
                                        Pimping 8EZ
                                        • Jun 2001
                                        • 3530

                                        #20
                                        congrats!
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                                        Comment

                                        • galleryseek
                                          Confirmed User
                                          • Mar 2002
                                          • 8234

                                          #21
                                          Not sure why you'd do that when John McAfee promised to eat his dick live if BTC doesn't reach $500k by 2020

                                          Comment

                                          • 2MuchMark
                                            Mark of 2Much.net
                                            • Aug 2004
                                            • 50977

                                            #22
                                            Originally posted by Ferus
                                            But to make a long story short - I cashed out my BTC @ 15.000 y

                                            Congrats again dude, but, um..... BTC is now at $17750. It's up almost $2500 in less than a day.

                                            Comment

                                            • Bladewire
                                              StraightBro
                                              • Aug 2003
                                              • 56228

                                              #23
                                              Originally posted by 2MuchMark
                                              Congrats again dude, but, um..... BTC is now at $17750. It's up almost $2500 in less than a day.
                                              Clearly he's trying to let everyone know he has poor judgement... again


                                              Skype: CallTomNow

                                              Comment

                                              • RyuLion
                                                • Mar 2003
                                                • 32369

                                                #24
                                                Congratz man!!

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                                                Comment

                                                • Tasty1
                                                  Bla bla blaa
                                                  • Jan 2005
                                                  • 9529

                                                  #25
                                                  congrats!

                                                  Friend of mine went in 1 year ago with 4000 USD. He now has 150.000 USD.
                                                  But he thinks it will double or triple next year.

                                                  everything is fake

                                                  Comment

                                                  • 2MuchMark
                                                    Mark of 2Much.net
                                                    • Aug 2004
                                                    • 50977

                                                    #26
                                                    Originally posted by Bjorn_Tasty1
                                                    congrats!

                                                    Friend of mine went in 1 year ago with 4000 USD. He now has 150.000 USD.
                                                    But he thinks it will double or triple next year.
                                                    He's probably right. Everyone I talk to is holding.

                                                    Comment

                                                    • Paul&John
                                                      Confirmed User
                                                      • Aug 2005
                                                      • 8643

                                                      #27
                                                      Congrats
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                                                      Comment

                                                      • ladida
                                                        Confirmed User
                                                        • Nov 2005
                                                        • 2179

                                                        #28
                                                        Originally posted by Ferus
                                                        Gotta say its quite a problem to cash out,
                                                        Throw some numbers? Im curious how much is too much. Everyone saying it's liquid but i've yet to hear anyone cashing out big.
                                                        agentGFY *at* gmail.com

                                                        Comment

                                                        • romeo22
                                                          你自己去他媽的
                                                          • Mar 2008
                                                          • 23350

                                                          #29
                                                          Good for you... Spend your money wisely

                                                          Comment

                                                          • rowan
                                                            Too lazy to set a custom title
                                                            • Mar 2002
                                                            • 17393

                                                            #30
                                                            Originally posted by Ferus
                                                            But to make a long story short - I cashed out my BTC @ 15.000

                                                            My plan was to cash out at 10k, because that would leave me with enough money - but I got greedy, and hung in there a little longer. Talked to the wife about it, and we moved the bar to 15000.
                                                            Sounds like you're all out. Why? If you'd sold 66% of your holdings at $15k per you'd have as much as if you'd cashed out at $10k per, and you'd still have that 33% worth of BTC.

                                                            Comment

                                                            • poncabare
                                                              Confirmed User
                                                              • Jul 2007
                                                              • 2552

                                                              #31
                                                              Congratulations

                                                              Comment

                                                              • Google Expert
                                                                Webmaster
                                                                • Jun 2004
                                                                • 14294

                                                                #32
                                                                Bad move.

                                                                25k by new year.

                                                                Screencap this.

                                                                Comment

                                                                • EvaDevine
                                                                  Registered User
                                                                  • Jun 2017
                                                                  • 79

                                                                  #33
                                                                  Not greedy at 15K. I would've waited a little more... a month max. Congrats anyway.

                                                                  Comment

                                                                  • Focus
                                                                    Last of a dying breed.
                                                                    • Jun 2004
                                                                    • 669

                                                                    #34
                                                                    Originally posted by Ferus
                                                                    I have been silent for the last few days - Sorry Gary, would have posted more in your retarded topic.

                                                                    But to make a long story short - I cashed out my BTC @ 15.000

                                                                    My plan was to cash out at 10k, because that would leave me with enough money - but I got greedy, and hung in there a little longer. Talked to the wife about it, and we moved the bar to 15000.

                                                                    Gotta say its quite a problem to cash out, but thanks to fellow dane Niklas Nikolajsen (co founder at https://www.bitcoinsuisse.ch/ ) for helping us out,

                                                                    So you wont see me around here anymore - look out for new silver Mercedes g350 with overpriced danish custom plates "freedomFun".



                                                                    Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy
                                                                    Congratulations! Enjoy mate. I agree with Sly you should share your story.

                                                                    Comment

                                                                    • 2MuchMark
                                                                      Mark of 2Much.net
                                                                      • Aug 2004
                                                                      • 50977

                                                                      #35
                                                                      Originally posted by ladida
                                                                      Throw some numbers? Im curious how much is too much. Everyone saying it's liquid but i've yet to hear anyone cashing out big.
                                                                      It's liquid, but the network is slow. If you're on coinbase and you decide to cash-out it can take a few days before its done.

                                                                      No one really wants to cash-out as the value keeps climbing and climbing. Of course this changes instantly as soon as the value begins to drop but overall most people are just sitting on it.

                                                                      Comment

                                                                      • Neighbor
                                                                        Confirmed User
                                                                        • Nov 2005
                                                                        • 1511

                                                                        #36
                                                                        Originally posted by rowan
                                                                        Sounds like you're all out. Why? If you'd sold 66% of your holdings at $15k per you'd have as much as if you'd cashed out at $10k per, and you'd still have that 33% worth of BTC.
                                                                        Exactly this. Recoup your original investment and stay in the game and now you can't possibly lose

                                                                        Comment

                                                                        • GUNNER
                                                                          Confirmed User
                                                                          • May 2001
                                                                          • 2114

                                                                          #37
                                                                          Originally posted by Neighbor
                                                                          Exactly this. Recoup your original investment and stay in the game and now you can't possibly lose
                                                                          Agree with John and rowan, but remember everyone has different risk tolerance.

                                                                          I've taken profits on LTC and ETH and I can't blame anyone for cashing in completely.

                                                                          That said... to all those who are HODL
                                                                          gunner @tutamail.com
                                                                          25 years in the jizz biz

                                                                          Comment

                                                                          • RandyRandy
                                                                            Clips still sell!
                                                                            • Jul 2012
                                                                            • 1708

                                                                            #38
                                                                            Originally posted by Ferus

                                                                            Gotta say its quite a problem to cash out, but thanks to fellow dane Niklas Nikolajsen (co founder at https://www.bitcoinsuisse.ch/ ) for helping us out,
                                                                            This.

                                                                            Happy for everyone who's making money.

                                                                            But this guy needed the help of an exchange co-founder to cash out.

                                                                            Not hating on cryptos but this isn't troubling to anyone else?

                                                                            Comment

                                                                            • The Porn Nerd
                                                                              Living The Dream
                                                                              • Jun 2009
                                                                              • 19787

                                                                              #39
                                                                              Not being able to cash out is a major problem.
                                                                              What if you have a price set so if it dips to that value it automatically sells?

                                                                              BTW: I blame the wife for making him cash out.
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                                                                              Comment

                                                                              • HelmutKohl
                                                                                Confirmed User
                                                                                • Sep 2012
                                                                                • 378

                                                                                #40
                                                                                Originally posted by 2MuchMark
                                                                                It's liquid, but the network is slow. If you're on coinbase and you decide to cash-out it can take a few days before its done.

                                                                                No one really wants to cash-out as the value keeps climbing and climbing. Of course this changes instantly as soon as the value begins to drop but overall most people are just sitting on it.
                                                                                I cashed out some of my litecoin and money was in my bank account within 24 hours. No complains about liquidity :-)

                                                                                Comment

                                                                                • seeandsee
                                                                                  Check SIG!
                                                                                  • Mar 2006
                                                                                  • 50945

                                                                                  #41
                                                                                  congrats on sell
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                                                                                  Comment

                                                                                  • GUNNER
                                                                                    Confirmed User
                                                                                    • May 2001
                                                                                    • 2114

                                                                                    #42
                                                                                    Originally posted by HelmutKohl
                                                                                    I cashed out some of my litecoin and money was in my bank account within 24 hours. No complains about liquidity :-)
                                                                                    Absolutely right.

                                                                                    If someone is having trouble cashing out, then it must be an issue with their exchange or the wallet they're using. There is nothing about crypto in and of itself that makes it difficult to cash out.
                                                                                    gunner @tutamail.com
                                                                                    25 years in the jizz biz

                                                                                    Comment

                                                                                    • mineistaken
                                                                                      See signature :)
                                                                                      • Apr 2007
                                                                                      • 29656

                                                                                      #43
                                                                                      Originally posted by The Porn Nerd
                                                                                      BTW: I blame the wife for making him cash out.
                                                                                      Nice catch. Man with experience

                                                                                      Comment

                                                                                      • Speigelau
                                                                                        Confirmed User
                                                                                        • Jul 2007
                                                                                        • 3032

                                                                                        #44
                                                                                        Originally posted by Ferus
                                                                                        I have been silent for the last few days - Sorry Gary, would have posted more in your retarded topic.

                                                                                        But to make a long story short - I cashed out my BTC @ 15.000

                                                                                        My plan was to cash out at 10k, because that would leave me with enough money - but I got greedy, and hung in there a little longer. Talked to the wife about it, and we moved the bar to 15000.

                                                                                        Gotta say its quite a problem to cash out, but thanks to fellow dane Niklas Nikolajsen (co founder at https://www.bitcoinsuisse.ch/ ) for helping us out,

                                                                                        So you wont see me around here anymore - look out for new silver Mercedes g350 with overpriced danish custom plates "freedomFun".



                                                                                        Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy
                                                                                        Awesome, I have a target amount also that is approaching soon for my cash out. Too bad you won't be around to put Gary and DV in their place.

                                                                                        Comment

                                                                                        • freecartoonporn
                                                                                          Confirmed User
                                                                                          • Jan 2012
                                                                                          • 7683

                                                                                          #45
                                                                                          HA jokes on you, its going to reach 50k soon.,

                                                                                          anyways best wishes.
                                                                                          SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

                                                                                          Comment

                                                                                          • Tasty1
                                                                                            Bla bla blaa
                                                                                            • Jan 2005
                                                                                            • 9529

                                                                                            #46
                                                                                            Originally posted by The Porn Nerd

                                                                                            BTW: I blame the wife for making him cash out.

                                                                                            i think that she is already getting the divorce papers

                                                                                            everything is fake

                                                                                            Comment

                                                                                            • shake
                                                                                              frc
                                                                                              • Jul 2003
                                                                                              • 4663

                                                                                              #47
                                                                                              Originally posted by HelmutKohl
                                                                                              I cashed out some of my litecoin and money was in my bank account within 24 hours. No complains about liquidity :-)
                                                                                              No problems here either. You can always use more than one exchange, split it up a bit.
                                                                                              Crazy fast VPS for $10 a month. Try with $20 free credit

                                                                                              Comment

                                                                                              • RFremont
                                                                                                Confirmed User
                                                                                                • Sep 2006
                                                                                                • 621

                                                                                                #48
                                                                                                Originally posted by GUNNER
                                                                                                Absolutely right.

                                                                                                If someone is having trouble cashing out, then it must be an issue with their exchange or the wallet they're using. There is nothing about crypto in and of itself that makes it difficult to cash out.
                                                                                                Hope I don't end up regretting asking these questions on this forum. here it goes:

                                                                                                How easy is it to cash out bitcoin and in what amount? Read an article recently that the Winklevoss's are now 'bitcoin billionaires'... okay, so let's say they want to cash out 100mn to USD , is that easily done like gold? Would the funds be wired into their bank account in USD? How many bitcoin exchanges are there and how can they be trusted?


                                                                                                Lastly, what are the pros and cons of bitcoin vs litecoin?

                                                                                                Comment

                                                                                                • rowan
                                                                                                  Too lazy to set a custom title
                                                                                                  • Mar 2002
                                                                                                  • 17393

                                                                                                  #49
                                                                                                  Originally posted by RFremont
                                                                                                  Hope I don't end up regretting asking these questions on this forum. here it goes:

                                                                                                  How easy is it to cash out bitcoin and in what amount? Read an article recently that the Winklevoss's are now 'bitcoin billionaires'... okay, so let's say they want to cash out 100mn to USD , is that easily done like gold? Would the funds be wired into their bank account in USD? How many bitcoin exchanges are there and how can they be trusted?


                                                                                                  Lastly, what are the pros and cons of bitcoin vs litecoin?
                                                                                                  Selling large amounts (especially on a smaller exchange) is going to result in a lot of slippage, where you have to fill several orders to cover your volume, each one at a lower value. Just because the current price is $15000 doesn't mean you can sell 10000 BTC and net $150m. You might sell 50 at $15000, another 30 at $14990, another 70 at $14780 etc.

                                                                                                  If you're not in a hurry, just sell a bit periodically, which will also help smooth over variations in value. This will help even if you're selling off relatively small amounts. If you are in a hurry, try setting a sell price around the buy price (ie you are closing the gap between the buy and sell price) which should execute reasonably promptly.

                                                                                                  If you're a baller you may also run into problems with exchange imposed limits. The exchange I use limits fiat withdrawals to $AUD 100,000 per day (about $USD 75k). You can usually raise these limits by providing more detailed verification documents, but it may take some time for them to process your request.

                                                                                                  Not sure if the OP ran into this sort of limit, or we're being trolled.

                                                                                                  Comment

                                                                                                  • Ferus
                                                                                                    Bye - Left to do stuff
                                                                                                    • Feb 2013
                                                                                                    • 4108

                                                                                                    #50
                                                                                                    Originally posted by rowan
                                                                                                    Selling large amounts (especially on a smaller exchange) is going to result in a lot of slippage, where you have to fill several orders to cover your volume, each one at a lower value. Just because the current price is $15000 doesn't mean you can sell 10000 BTC and net $150m. You might sell 50 at $15000, another 30 at $14990, another 70 at $14780 etc.

                                                                                                    If you're not in a hurry, just sell a bit periodically, which will also help smooth over variations in value. This will help even if you're selling off relatively small amounts. If you are in a hurry, try setting a sell price around the buy price (ie you are closing the gap between the buy and sell price) which should execute reasonably promptly.

                                                                                                    If you're a baller you may also run into problems with exchange imposed limits. The exchange I use limits fiat withdrawals to $AUD 100,000 per day (about $USD 75k). You can usually raise these limits by providing more detailed verification documents, but it may take some time for them to process your request.

                                                                                                    Not sure if the OP ran into this sort of limit, or we're being trolled.
                                                                                                    I ran in to those problems, and the only way to solve it (for me as a private person) was through You are being redirected... with the help of a friend. The first few days, I was faced with 6-8 different "no" when I tried to sell through the larger brokers.

                                                                                                    A lot of private people will run in to those problems in the future

                                                                                                    Comment

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