/biz/ - Business & Finance

or eth, or ltc

>>6105124
>cash out
>25% transaction fee
>67% tax
>from $1 = $0.2475

>>6105124
bitflur.com lets you cash out with doge kek

>>6105194
is this real?
big if true

for euros:
bitcoin.de
small fees
sell directly to users
yeah tax sucks but what can you do
still keep around 65%

>>6105179
this.

There's big exchanges who'll let you put in eth or btc and cash to fiat. they are out there, there are more coming onboard. I've got a few that will convert a few more of the top 15 cryptos - including XRP - straight to USD, EUROS, Yen, Rup etc.. etc..

>>6106036
>cash to fiat
Amazing.

>>6106036
>cash to fiat

>>6106036

Ever heard about kraken?

>>6105428
People can't seem to conclude whether or not Bitflur is a scam or not. Cashing out with DOGE is already faster than just about any other coin you can use right now to do so. If I could get a straight answer, I'd probably take some of my profit that way.

>>6105458
Probably real in some yuropoor country.

Kek. Just wait for REQ to launch.

REQ is currently working on adding ERC20 tokens and Bitcoin support. Fiat is after that.

The point of Request Network is that you can demand payment in whatever you want (for example USD). And the payer can pay in whatever they want (crypto,erc20,other fiat) and through 0x and kyber they will get exchanged in real time with the lowest fees possible (an order of magnitude lower than the exchange rates of credit cards).

>I'm selling my anal virginity on Ebay
>It's priced in USD, but Ebay has embedded the REQ payment system
>You get to pay with cryptos, ERC20 or fiat, and no matter what you pay with, I still receive USD as requested.

Put simply, REQ tokens are what fuels the network. The REQ tokens are not currency.
Buyers and merchants will never interact with the tokens at all. They will simply use the payment system and experience it as an instant purchase/currency swap.

Aside from its intended usage, which is what everyone is basing their valuation estimates on, it will tap directly into a $750 billion crypto-market in which it's currently hard to cash out of, and expensive to buy into.

And as for competition, YCombinator, which has a high stake in Coinbase, also have a high stake in REQ. Since REQ's very functionality will pose a threat to Coinbase's entire business model, it is only logical to assume that REQ will eventually be implemented in Coinbase to ensure that both platforms survive and thrive. Owners never let one business kill the other when it is perfectly logical to merge the two.

See picture. If REQ handles just 0.1% of the global transactions, it means $5B worth of DAILY transactions. And $912M worth of REQ being burnt annually, which increases the price of remaining REQ. With a 10% marketshare, that number increases to $500B of DAILY transactions, and $91.3B worth of REQ being burnt annually.

READ THIS REPORT: https://docs.wixstatic.com/ugd/6f7ca2_96ffee2e91f14af3bbbcecdbc7aee3b1.pdf

>>6106898
Wow, 'nother reason to go with the doge.

>>6106929
Y Combinator is light-touch. In the past they invested in similar companies (e.g., during the web desktop hype) and let them fight to the death.

Use Kraken you fucking nigger, literally the best way to convert to fiat.

>>6105516
>Mfw 1.5% tax rate

>>6105194
>in (((Occupied Germany))) selling crypto at a 50% loss for cash on the blackmarket gives you more gainz than paying mandatory tribute to Israel

>>6105194
Nope
I test cashed $100 worth of BCC
$2.30 transfer fee to GDAX
Trade to USD at market value
$97.-- Cashed out

>>6106749
>>6106834
He's using cash as a verb

>>6107331
based nederman. lucky you