Alright Veeky Forumsraelis,
Let's say hypothetically you hold in your hands $10,000 cash that you have decided to put into Bitcoin.
1) How do you buy $10,000 worth of Bitcoin?? >You have to sell your soul to go through coinbase
>Anything above $2,000 Moneygram won't accept (for LocalBitcoins)
>Any time you want to buy more than a couple hundred from LBC the vendor will require ID confirmation and other various personal information.
>Bitcoin ATM takes over 10% of your monies
2) How the fuck does one "cash out" $10,000+ crypto??
>Anything under a thousand or two I'd go through coinbase, but above 10k I know will draw unwanted attention
>Bitcoin ATM will take 10%+ and has low limits
the only option I see is LBC, but I hear lots of people get robbed or ripped off there. Do you need to jump through hoops to become a vendor there? Is there any guide to liquidating large amounts of BTC relatively anonymously (because fuck the taxman amirite)
alternatively, does anyone have any experiences selling coin on LBC??
TLDR: How to buy $10k+ buttcoin, how to sell $10k+ buttcoin???