I need to withdraw about $5,000 USD worth of bitcoins. I would prefer to do this directly to my bank account as I would assume this would incur the lowest fees. Does anyone have any experience withdrawing from MTgox to dwolla or xmlgold.eu to bank wire? Should I break it up into smaller $1,500 payments? Any help would be appreciated.
Where are you located?
Send the bitcoins to me (or we can have a mutually trusted third party hold them), and I'll deposit cash into your account. Faster, cheaper, and easier than trying to cash out through MtGox.