Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I'm totally fucked at Coinbase. Sitting on an obscene amount of fiat from a recent sale, but don't have access to my Funding/Withdrawal page. Something 'tarded like below is what I'm getting.

Sheeeeeeit.

Why on Earth didn't you do an OTC sale? There's no way I'd trust any exchange with amounts above a few grand. They're too prone to freeze you over AML shite.

How do you do an OTC sale? Do you have to go through itbit, or is there some other route that keeps coins out of an exchange?

Hand them cash, face to face, they send you bitcoin. Or vice versa. Also they could give you a flash drive with a wallet on it.

So it's like doing local bitcoins trades for millions of dollars? If I were bob I wouldn't be comfortable with sending hundreds of coins in return for a suitcase full of funny money. How would he know if it's real money in the suitcase, or if it's funny money?