"Can't cash out meme" Here is my withdraw statement

>cashing out

Anon I...

>>2329303
It was just my initial plus a little more.

You're cashing out peanuts. The problem is when you want to cash out large sums

>>2329282
>cashing out
good goy

>>2329339
i remember my first cash out, 2 days later the coin i sold had doubled in value

i don't cash out anymore

>>2329355
I have something like 100k USD ot BTC. Can I cash out from Coinbase if I just alert my bank beforehand? All my smaller transactions have came out fine.

>>2329373
get those tax forms ready senpai

Kraken allows you to hold fiat.
Couldn't you theoretically hold most of your fiat in your Kraken account without actually cashing out to dodge tax liabilities?

>>2329438

And how do you spend said fiat?

>>2329282
Don't let the normies know this anon

>>2329446
Why on more bitcoins of course

>>2329373
Just hold BTC and ETH.

This should be all the "cashing out" people should be doing. Dont sell your to the fiat jew unless you need to pay for normie shit and dont mind paying extortion fees aka taxes.

why would you need to cashout? unless you hold millions and you want a luxurious lifestyle right away, there's no reason to cash out ever. most shit accepts bitcoin now, and for things that don't you can find a service that facilitates (eg bitcoin credit card) and w/e. just feed a card like 5k and you're set.

>>2329438
my understanding is once you have converted an asset into fiat you have realized your gains regardless of where it's held and as such should be logged for capital gains.

that said that's here in canada, in the US if they acknowledge BTC as currency you have to also report gains of BTC in USD as well. ie. you trade alt coins and gain BTC.

My gf asked me how I plan to cash out all my gains. I asked her why would I do such a stupid thing.

But if i wanted to fuck over the federal jew its very simple. Btc into bullion, then trade bullion for cash on craigslist.

But how do you do it? You just sell BTC on localbitcoins.com?

https://blog.coinbase.com/improving-customer-support-139d99e72876

Blog update.

Near-term:

1. We are doubling overall support capacity by spinning up an outsourced support facility by the end of June. This will allow us to rapidly add level 1 support agents during future surges.

2. We’re hiring 10 new contractors for our in house team over the next 3 months.

3. We’re adding new hires on the Trust team (part of the engineering org that helps deal with security questions).

4. Hired a consultant (former VP Customer Success at larger company) to consult on scaling, and how to introduce phone support.

5. Several account security improvements are rolling out, including improvements to our two factor authentication, and a new system to flag risky withdrawals.

Q3 Plan

1. Goal will be < 6 hours first response time for everyone; < 2 hours in cases of large balances.

2. Goal of having first version of phone support introduced for high balance accounts, and/or security related questions by end of September.


Q4 Plan

1. Roll out phone support for a wider % of customer base (potentially a paid option, still TBD)

2. Introduce additional account security options such as Yubikey support

>>2329372
i remember cashing out 20 btc for around 1700.

File: Anon.gif (3KB, 278x199px) Image search: [Google]

3KB, 278x199px

>>2329303
hahaha I've not seen that meme in years man, thanks anon

>>2329396
do I have to pay them immediately after? Can't I just wait to file them at the beginning of next year or will the IRS want them right away?

>>2329282
>"cashing out" to worthless fiat

>>2329572
Jesus Christ.

>>2329373
WARNING. Cashing out less than $10,000 on a regular basis COULD land you in 5 years in jail and have your money seized based on being suspected of "structuring".

>>2329796

>>2329622

Driving to another state to find a Bitcoin ATM and withdraw $2k max per day, kek

>>2329372
What's the point of having money if you don't buy anything?

>>2329572

they will invoice you don't worry about it

>>2329477
>where did you get the 100k car you have registered in your name? t: tax man

>>2329885
Do you know where you are, Anon?

>>2329885
i got nothing i need to buy, would rather have more money desu

will i be safe in cashing out in India or will modi fug me

>>2329885
>What's the point of having money if you don't buy anything?
two schools of thought here:
1) cash out later and swim in it
2) hold until your investment vehicle (crypto in this case) is worthless