Selling large amounts of BTC?

Hey folks,

So i'm curious as to how vendors go about selling large amounts of bitcoin without arising suspicions? i assume you can sell a certain amount through any normal exchange, but this may become an issue when you are talking about selling thousands in BTC on a regular basis. So perhaps you decide to sell through LBC...which I assume could take forever with amounts like this. How do you avoid getting screwed for tax evasion? Should you actually pay taxes on these bitcoins? Any insight as to how all the vendors out there are doing this would be appreciated.

Thanks


Comments


[4 Points] huwaie4wsgu:

Sell locally to one of the many undercover agents looking for vendors in the area or cash out to an exchange that will report you once you sell over $10 then close your account. You can also get cash in the mail which will get your address watched for money laundering once a dog catches wiff of it or if you really want to sell alot you can sell to one of many 14yr olds LBC cashdeposit buyers who will hold your balance hostage while they wait for their single parent to drive them to the bank.


[3 Points] Yourconscious69:

There are vendors on some markets that are reputable that offer to mail you $1,000 $5,000 $10,000 increments of Cash in the mail. You just buy the listing via escrow (so not to get scammed) then they mail you the cash, then you release the coins via finalizing on the market. Then those same vendors sell bitcoins at 10% higher than current value. Idk if ALL vendors use these services but some do.


[2 Points] grandpajoe_dnm:

We convert them to biofuel and eat them.


[2 Points] pothead2015:

You find you someone that will purchase large amounts at a percentage on every dollar. Good luck dumping huge amounts off at market value so you have to accept that if you are trying to sell off a huge stash of btc.


[1 Points] broam:

why not localbitcoin?


[1 Points] Trappy_Pandora:

Why would you want to sell BTC? Just turn your vendor profits into drugs and you won't have to worry about anything except sometimes everything.


[1 Points] theevoinsider:

The answer youre looking for is front + paying taxes


[1 Points] None:

You could buy a high powered mining cloud contract and get clean sellable bitcoins.


[0 Points] VALISOFFICIAL:

setup a site similar to coined.co.nz