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 :2 cents:

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 :1orglaugh:pimp - look out for new silver Mercedes g350 with overpriced danish custom plates "freedomFun".

http://www.jimcornette.com/sites/def...HIRT_FINAL.png

Funny to think about it - 9 years ago I almost died from cancer, and now I'm ready to move to Italy

A year or two later you will regret so much...

Ferus, sending you a PM now. Have a question about Niklas. - Alex

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

You should share that story at some point. More people need to hear shit like that to wake them up.

The dream is gone??

congrats

good for you, enjoy your freedom!

So you are leaving the porn biz?

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

Yup, enjoy the Car ! :2 cents: :thumbsup

agreed :thumbsup

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.

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 :thumbsup

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.

Peace out

congrats :thumbsup

GFY needs more threads like this! Good for you :) :thumbsup :thumbsup

Don't try to hoodwink us

congrats!

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

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 :2 cents:

Congratz man!!

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.

Congrats :)

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.

Good for you... Spend your money wisely

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.

Congratulations

Bad move.

25k by new year.

Screencap this.

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

Congratulations! Enjoy mate. I agree with Sly you should share your story.

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.

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 :banana :banana :banana

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?

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.

I cashed out some of my litecoin and money was in my bank account within 24 hours. No complains about liquidity :-)

congrats on sell

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.

Nice catch. Man with experience :thumbsup:1orglaugh

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.

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

anyways best wishes.

i think that she is already getting the divorce papers

No problems here either. You can always use more than one exchange, split it up a bit.

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. :)

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