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Showing 11 of 11 results by aomine95
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Board Announcements (Altcoins)
Re: [ANN][CRW] CROWN (SHA256) | NEW UPDATE! | Experimental Commodity | Trons |
by
aomine95
on 22/06/2017, 01:38:07 UTC
hey is there a link for slack invite? or do you guys use discord?
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Topic
Board Announcements (Altcoins)
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
by
aomine95
on 19/06/2017, 03:00:48 UTC

The hardest part of all this I've found is still the link between digital currency Exchanges and the legacy banking system, three banks have arbitrarily closed down my accounts in the last year, one that I'd been banking with for over forty years, though I never did any virtual currency stuff through some of them so I don't know for sure why that was, but I finally found a way to safely move funds to fiat that was also acceptable to the system in place currently, at least so far, touch wood.

edit to add: shout out to Niel at Mysteries, Covent Garden, London, UK


Good job on your holdings!  I only have peanuts, but, I'm still concerned about moving funds to fiat.  Can you elaborate on moving funds to fiat?  I'm considering Coinbase to Bank Account.

That should be perfectly fine for those sort of amounts, even up to mid size np.

IOTA added Smiley

http://i.imgur.com/gJ9aPja.jpg

Hey, could you explain how to take large amounts out of crypto? Most exchanges have limits of 50k per day and that seems very hard to take 5M out, yet alone 100M.

I have a limit of $100k per day on Polo, it needed a Skype interview etc with their compliance guy, I'm trying to up it atm but they're swamped and unresponsive recently.

I can take out any amount from Bitstamp, ie last withdrawal was > $1.1MM but they keep thinking up new hoops for me to jump through, latest was that I had to sign messages from the BTC addies that I've used for years to prove that they're mine, but with patience one can get 7 figure amounts out, cost $915 in BS fees though, usually takes 4 biz days to be in my bank account.

The main hurdle is finding a bank that will not freak out when regular large amounts come in from Bitstamp's Estonian bank which raises red flags for them and also when you open bank accounts, especially USD offshore ones, they ask you to estimate how much you're likely to be paying in each month, this is impossible to estimate due to crypto volatility without unnecessarily restricting yourself, so when I estimated $250k per month and paid in $500 to $750 as I'd just found a property that I really wanted and BTC was at an ATH that also freaked them out.

When you get to amounts like $100MM you are in the 0.1% and everything becomes possible then and a good wealth manager will make all the intros that you need so long as you can prove that your wealth was obtained legitimately, in fact they'll even do this for free if you play your cards right on the probability or unsaid understanding that you may choose to show your gratitude by giving them a bunch of your wealth to manage long term if you're sufficiently impressed by how they can open doors and get stuff done and their track record.

I'm looking to take around 1M out of crypto but I'm really scared a bank will close my account and I'll have to take a year and lawyers to get it back. Do you suggest I go to a lawyer first or contact a money manager before I withdraw?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
by
aomine95
on 16/06/2017, 22:08:55 UTC

The hardest part of all this I've found is still the link between digital currency Exchanges and the legacy banking system, three banks have arbitrarily closed down my accounts in the last year, one that I'd been banking with for over forty years, though I never did any virtual currency stuff through some of them so I don't know for sure why that was, but I finally found a way to safely move funds to fiat that was also acceptable to the system in place currently, at least so far, touch wood.

edit to add: shout out to Niel at Mysteries, Covent Garden, London, UK


Good job on your holdings!  I only have peanuts, but, I'm still concerned about moving funds to fiat.  Can you elaborate on moving funds to fiat?  I'm considering Coinbase to Bank Account.

That should be perfectly fine for those sort of amounts, even up to mid size np.

IOTA added Smiley

http://i.imgur.com/gJ9aPja.jpg

Hey, could you explain how to take large amounts out of crypto? Most exchanges have limits of 50k per day and that seems very hard to take 5M out, yet alone 100M.

Im sure he uses his own wallet and not bought all at one time at a market buy.  Never...ever....keep your coins you plan on holding in an exchange unless you want to be another statistuc one day.  Its a sure fire way to lose all you have in crypto.

No I mean, to take it out of crypto you take it out of your cold storage into an exchaneg adn then exchange into USD. But how do you do such a large amount.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
by
aomine95
on 16/06/2017, 21:43:38 UTC

The hardest part of all this I've found is still the link between digital currency Exchanges and the legacy banking system, three banks have arbitrarily closed down my accounts in the last year, one that I'd been banking with for over forty years, though I never did any virtual currency stuff through some of them so I don't know for sure why that was, but I finally found a way to safely move funds to fiat that was also acceptable to the system in place currently, at least so far, touch wood.

edit to add: shout out to Niel at Mysteries, Covent Garden, London, UK


Good job on your holdings!  I only have peanuts, but, I'm still concerned about moving funds to fiat.  Can you elaborate on moving funds to fiat?  I'm considering Coinbase to Bank Account.

That should be perfectly fine for those sort of amounts, even up to mid size np.

IOTA added Smiley

http://i.imgur.com/gJ9aPja.jpg

Hey, could you explain how to take large amounts out of crypto? Most exchanges have limits of 50k per day and that seems very hard to take 5M out, yet alone 100M.
Post
Topic
Board Exchanges
Good banks for cashing out of exchanges
by
aomine95
on 27/05/2017, 22:29:00 UTC
Heard some bad stuff about wells fargo.
Does anyone have experience cashing large amounts of crypto into fiat via wire exchange?
If so say how it went and what bank you used Cheesy
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LiteDoge - such Community coin | no premine | very fast | much profit
by
aomine95
on 26/05/2017, 06:29:23 UTC
why cant we deposit Sad?
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Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed - Segwit -DiguSign
by
aomine95
on 15/05/2017, 10:14:12 UTC
I am late to investment Sad
Why late? It is still extremely cheap.

For this coin to go to 1 dollar, it will need to hit a 9 BIllion dollar market cap. think about that
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Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
aomine95
on 12/05/2017, 01:37:32 UTC
Do I need 3 wallets? I see theres a spendable, a deposit, and an earnings.

Cant I just use my spendable as my earnings wallet and just have 2 wallets?

Also if my machine goes down, does my node go bye bye or will it stay there until I turn my machine back on? Also do I need to keep a file running or something to have my node stay online?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
aomine95
on 11/05/2017, 19:52:53 UTC
Joined the Static node club by creating node successfully.

Do I need a virtual server or something to make a static node? Also I know it costs 510000 XBY or whatever to make it. So if I want to cash out, can I close my static and redeem those 510000 and sell them on yobit or something?




Look through the YouTube channel in the OP and you can see a step by step guide to setting up a node. Join slack and you can get more questions answered.

Yes of course you can break the static and sell the them at anytime. But later there will be demand for nodes so people will pay you to take it off you. There is no burden to have ing a node, it's a win win if you are holding enough coins.

Yea but I'm saying I need to keep the node online and I dont want to leave my computer online at all times. Should I use amazon services to run the static? If so, any good guide on how to do that?


I thought one of good things about static node is its offline...but I could be wrong.

I recommend joining slack, there is a channel dedicate to setting up nodes.
nvm
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
aomine95
on 11/05/2017, 19:37:32 UTC
Joined the Static node club by creating node successfully.

Do I need a virtual server or something to make a static node? Also I know it costs 510000 XBY or whatever to make it. So if I want to cash out, can I close my static and redeem those 510000 and sell them on yobit or something?




Look through the YouTube channel in the OP and you can see a step by step guide to setting up a node. Join slack and you can get more questions answered.

Yes of course you can break the static and sell the them at anytime. But later there will be demand for nodes so people will pay you to take it off you. There is no burden to have ing a node, it's a win win if you are holding enough coins.

Yea but I'm saying I need to keep the node online and I dont want to leave my computer online at all times. Should I use amazon services to run the static? If so, any good guide on how to do that?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
aomine95
on 11/05/2017, 19:22:49 UTC
Joined the Static node club by creating node successfully.

Do I need a virtual server or something to make a static node? Also I know it costs 510000 XBY or whatever to make it. So if I want to cash out, can I close my static and redeem those 510000 and sell them on yobit or something?