Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
stevegee58
on 21/09/2014, 18:43:19 UTC

Coinbase and sell locally/online.

I would actually make a lot more $ if I didn't have to wait 4 damn business days between purchases.

It is possible to wire $ to an exchange but you still have to wait 2-3 days for the wire to go through and it is possible the price could rise before then, causing a loss on the trade.

You're eventually going to get caught and prosecuted for money laundering and unlicensed money transmitting. I hope you're not in the US.

http://www.fincen.gov/statutes_regs/bsa/title18b.html
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Meh.  The Feds only care about the big guys.  Those they'll notice and regulate.  They won't bother with the guys exchanging BTC for USD in a Starbucks.