Quote from: ljudotina on July 16, 2014, 07:23:34 PM

Price of BTC has nothing to do with anything. Even if BTC was priced at 1$ a piece, you could still own 1mil$ worth of BTC and want to sell them out. Best way, if you want to do it 100%legal is trough one of largest BTC exchanges. There are LARGE transactions happening every day, so there is no real reason to be afraid. You can always split your "loot" and sell it on few exchanges to split the volumen so you don't attract any attention.
There are some other alternatives but i wont go too deeper into it. Main poant is, there are large buy in's and sell out's every day. If you are clean, you have nothing to worry about.

Good points, I suppose I just have a hard time trusting some of the exchanges for obvious reasons.
By "clean" you mean that I'm not using BTC to launder money acquired through illicit activites? Then I'm good.
If you mean reporting them on your taxes... well I'm not sure what to do about that one yet lol

Thanks for the input.

Quote from: DjPxH on July 16, 2014, 07:15:05 PM

Well there are many people that deal with those numbers even today and they find a way. Interestingly, people seem to care less about their money when they got it through speculation and didn't actually 'do' anything for it. So maybe you won't even mind Tongue

But hey, just keep your stash safe in a paper wallet and transact smaller sums that won't affect your life if you lose them!

I'm just a lowly miner that got into the game a little late, but I've worked really hard for what I've earned, so I'm just trying to be cautious.
If I lost it somehow, I'd be angry but not living on the streets or anything, I never risk anything that I cant afford to lose.

Bawb3

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