Quote from: war3rd on November 21, 2013, 07:16:38 PM

I don't mind paying the capgain taxes, but you are probably right about cash in hand versus a service that has trouble operating. I'm not so sure I want to meet some guy in a parking lot with a suitcase full of cash, though.

I've got enough that a proper service would be a much safer option, unless, of course, I'm armed.

Quote from: Kluge on November 20, 2013, 08:59:53 PM

Quote from: war3rd on November 20, 2013, 08:56:59 PM

I'm in finance. I've seen tons of companies like this come and go. I've even provided the capital for some. Your assurances in no way reassure me.

Heh - I'm pretty sure he was being sarcastic.

Your best bet is to not use a service, but find someone you can meet and exchange physical cash with. No SAR reports from bank or payment processor, no uncertainty once "payment is made," no other nonsense - just a simple exchange. I think there's been one incident in all of Bitcoin where one went sour because (allegedly) someone was beaten up by the other guy... in Ireland or something, I think, maybe a year ago.

Putting money on a US Bitcoin exchange (or any US-based, BTC-oriented entity which takes and can hold money) right now is like putting your dick in a meat grinder and praying someone will give you money instead of grinding it up.

The suitcase of cash in the parking lot doesn't sound too good haha.