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/biz/ - Business & Finance


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13953690 No.13953690 [Reply] [Original]

Can anyone provide information in regards to how one can sell a large amount of Bitcoin? (more than 1000).

It needs to happen through FIAT currency.

Asking for a friend

>> No.13953707

>>13953690
larp

>> No.13953753

K
Y
O T C

>> No.13953755

Yes, someone can provide information.
You are welcome.

>> No.13953808

>>13953707
Not larping at all.

I just have the opportunity to make something on the side. I have delivered in the past. Anyone providing legit info I will give out 1BTC.

>> No.13953856

>>13953690
cumberland OTC

>> No.13953870

>>13953808
Just sell 1 BTC at a time on Coinbase and cash out

>> No.13953884

>>13953690
send it to my adress sir. I will send back USD to your blockchain wallet.

>> No.13953889

>>13953690
price?

>> No.13953903

>>13953690
Sign up to an OTC desk, dumdum.

>> No.13953905

>>13953690
>>13953690
>>13953690
You have to do it OTC. One of the biggest OTC firms:
genesistrading.com
cumberland.io
octfinancial.com
b2c2.com

>> No.13953914

Just email coinbase and tell them you want to sell otc. They'll make an offer.

>> No.13953923

>>13953870
Wow, this is the most retarted Thing I have ever seen. Selling 1000 btc over the counter thru coinbase.

>> No.13953938

>>13953690
I was thinking about this too the other day since the next golden bull run is expected to peak at around $150,000 and I'll need a fast way to dump my bags if I want to walk away with that much. The best thing I could think of is changing all your shit to tethers and then withdrawing whatever maximum amount you can withdraw at a time until you've withdrawn everything. Since you've converted to a stablecoin, the amount shouldn't fluctuate during the time that you're withdrawing unless the stablecoin crashes. If you use Genesis, all of their deposits/withdrawls are through I think transfers or something (I'm not sure on the terminology, but it's the way that you transfer amounts larger than $10,000 between bank accounts) which is why they can get away with having $75,000 initial deposits, but I don't recommend that you use them since they got hacked some time ago.

>> No.13953944

>>13953690
Use https://localbitcoins.com

3MQ9E9XPwTmCheNdy5hq2TZ8sHJoFjpkrZ

>> No.13953956

>>13953690
Thru auctions and private sellers. Might have to sell them in chunks to different buyers because most buyers do not want to sink 8million in BTC at once.

>> No.13953963
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13953963

>>13953938
>he thinks you can cash out tether

>> No.13953996

>>13953963
well, like I said, I was thinking about it but I didn't really know what the proper way to do it was. As I was typing out my reply, other people said OTC and I don't ever remember hearing that term during the last bull run but now I know, I guess

>> No.13954012

>>13953690
https://localbitcoins.com/ad/965230/cash-out-your-bitcoins-paypal?amount=8000000

3MQ9E9XPwTmCheNdy5hq2TZ8sHJoFjpkrZ
Please and thank you..

>> No.13954065

>>13954012
>implying OP can just sell 1000 btc to a colombian drug cartel without having the FBI blasting his door at 5am.

>> No.13954074

kraken operates a darkpool for whale liquidity, contact their customer support

>> No.13954111

you literally can't cash out, it's not a fucking joke

>> No.13954124

>>13954065
its called using a VPN. fuck outta here.

3MQ9E9XPwTmCheNdy5hq2TZ8sHJoFjpkrZ

>> No.13954133

>>13954074

Yes. I have already contacted them. What are the standard fees if one is a facilitator? I head 3%. Is that about right?

>> No.13954157

>>13954133
from their site:
Our dark pool fees are based on the trading fee schedule taker fee plus 10bps (0.1%), competitively set to encourage high volume.

>> No.13954210

Op, do you have to do it anonymously or not?

>> No.13954225

>>13954157
>>13954133
https://www.kraken.com/features/fee-schedule

1Eqc41piGV3FrAJPYmyyhMwfPpRLjYp9oK
send something if you'd like, though I'm not actually expecting anything

>> No.13954266

>>13954225
>https://www.kraken.com/features/fee-schedule

I am saving this thread. Don't worry I will deliver even proportionally to all that have provided information. This forum has helped me a lot in the past. Changed my life.

>> No.13954284
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13954284

>>13954266
good luck anon

>> No.13954292

Just sell p2p, it won't crash the market that way. Local buttcoin and all that.

>> No.13954300

>>13954266
larp and cringe

>> No.13954309

Go through an OTC trading desk retard

>> No.13954341

try to contact the greyscale fund. they're a group of actual investors who try to accumulate btc and would be interested in getting more.

>> No.13954356

>>13954266
In any case you will be KYC'ed if you go the regulated route so be ready to provide proof on how you had your btc.

By the way you can also do it yourself on the exchange like coinbase if you aren't in a hurry. You send your btc there and sell here and there small amounts over a few days / weeks until you liquidate all your bitcoins. You can put small asks and see how fast they get bought.

>> No.13954383

Also in 99% the cases OTC deals dont happen because the seller dont have the funds and is bullshitting.

>> No.13954516

>>13953690
what country?

>> No.13954543

>>13953690
Gemini, OTC, ez

>> No.13954630

Can't you do what drug dealers do and buy gift cards with btc, buy money orders with the gift cards, deposit money orders into your bank account. Especially an anonymous Swiss bank account.

39k6t5NkTc3UrwWXD9Yi8kxrAs53wrkz2t

In the long shot that you actually do the transaction, I'll make your generosity into a meme, I promise.

>> No.13954649

Give me a way to private contact you and I'll help. I'm not posting any info here.

>> No.13955012

>>13954630
imagine doing this with 8 million dollars lmfaaaao

>> No.13955047
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13955047

Transfer them to www.coinbase.com and then press "market sell."

>> No.13955130

>>13953690
You click market sell silly

>> No.13955387

>>13953690
I will buy them. DM me.

>> No.13955541

Honestly with this amount of BTC id go the KYC route, one fuck up and IRS and FBI will be all over your ass, and you won’t get to enjoy any of the funds.

I’d go to an established desk like Goldman Sach, get your account set up, maybe cash out a bit establish yourself and then when the next golden bull runs happen you can sell and know it’s legitimate big company that deals with billions of investments and funds. I wouldn’t fuck with coinbase they are known to hold funds and dick people with large amounts over.

19Yg1sn1CnccJzLBm4UFBWssMzKizurfWj

>> No.13955554

contact coinbase and set up an OTC trade

>> No.13955562

>>13955555

>> No.13955595

>>13955012
What’s the limit on gift cards? Like $500? So, somewhere around 16,000 gift card -> money order -> bank account transactions

>> No.13955605

>>13955047
I would love for this to happen

>> No.13955652

>>13953690
You can buy property and cars with btc

>> No.13955709

>>13953690
They are doing this. Connecting big players privately.

https://dadianisyndicate.co.uk

If useful you can thank me:
Btc 1NMjMuFcofPwX3XepMqCMmmCi1jUsSx1ne

Eth 0x825e2a8A3656eDd896A1Ff5fe5F8705DA178f413

>> No.13955741

i know plenty of funds in london would hook you up with 100btc chunks

>> No.13955778

>>13953690
You can go to multiple vendors in the us and Canada that will buy in large but they may be only liquid for a few mill, I have heard of one in Montreal area that frequently cashes out 100k plus you would just need to call ahead to confirm the amount. Several vendors on local bitcoins would do but other anons have suggested that. My alternate suggestion is for you is to go to a dex, buy xmr then buy something like npxs and load up as much on a crypto debit card and use like you would your regular card. Might be a shit idea but it so long as you can distance your identity from any of the funds it could work. Leaving my address like the rest of the jeets, namaste brother.

3ErR6eXNawthYqV9q3L2TqukyHJK3R3eHD

>> No.13956280

>>13955709
>doing business with that used up whore eleesa dadiani linked to the russian mob