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
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.