GiddyUp Posted July 23, 2017 Share Posted July 23, 2017 Sounds like a nice problem to have lol, but it's a real question, does a big cashout rock the market? Link to comment Share on other sites More sharing options...
wiredless1 Posted July 23, 2017 Share Posted July 23, 2017 6 minutes ago, teddybear said: Non taxable. Just want to get my money out. Delays up to 72h acceptable @kanaas answers it well. Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 1 minute ago, GiddyUp said: Sounds like a nice problem to have lol, but it's a real question, does a big cashout rock the market? Now yes. B/c you need many xrp for 6mio. If xrousd =450, then now. Market should be able to swallow 5figure xrp amounts, given the several billion being around. Link to comment Share on other sites More sharing options...
Robert4x Posted July 23, 2017 Share Posted July 23, 2017 Call 1-800-829-0433. http://taxrefundirs.com/irs-contact-information/ Link to comment Share on other sites More sharing options...
kanaas Posted July 23, 2017 Share Posted July 23, 2017 4 minutes ago, teddybear said: Reddit. But a thread from 2015, admittedly. Withdrawls stuck for weeks and so on. the problem of withdrawals getting stuck or delayed, mostly is not the fault of the exchanges but is caused by the wire transfer systems (aka SWIFT). Once they did send the money out, it's not in their hands or under their control anymore .... Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 Just now, Robert4x said: Call 1-800-829-0433. http://taxrefundirs.com/irs-contact-information/ Yeah right. Me, Swiss domiciled is certainly not gonna ask the IRS anything about taxes. The initial question was really technically motivated. Liquidity and KYC wise Link to comment Share on other sites More sharing options...
kanaas Posted July 23, 2017 Share Posted July 23, 2017 5 minutes ago, GiddyUp said: Sounds like a nice problem to have lol, but it's a real question, does a big cashout rock the market? The trade(s) may do, but not the cash out Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 Just now, kanaas said: the problem of withdrawals getting stuck or delayed, mostly is not the fault of the exchanges but is caused by the wire transfer systems (aka SWIFT). Once they did send the money out, it's not in their hands or under their control anymore .... Ok. Then my fight is with my bank and their settlement team and their compliance. I've worked for them for some years, I trust them. Thx for clarifying Link to comment Share on other sites More sharing options...
Robert4x Posted July 23, 2017 Share Posted July 23, 2017 That's what they all say. Link to comment Share on other sites More sharing options...
kanaas Posted July 23, 2017 Share Posted July 23, 2017 Just now, teddybear said: Ok. Then my fight is with my bank and their settlement team and their compliance. I've worked for them for some years, I trust them. Thx for clarifying Where (what country) do you live if i may ask? teddybear 1 Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 33 minutes ago, kanaas said: Where (what country) do you live if i may ask? Switzerland. Link to comment Share on other sites More sharing options...
tzuvi Posted July 23, 2017 Share Posted July 23, 2017 6 minutes ago, teddybear said: Switzerland. Don't know how the tax system works in Switzerland but i'd recommend to withdraw your investment in Germany or Austria where you pay 0% tax if between initial investment and withdraw time is > 1year. ItsChillBro 1 Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 Can we get a gatehub representative to comment, if a multimillion USD cashout is possible and how it would look like? @enej maybe? Link to comment Share on other sites More sharing options...
kanaas Posted July 23, 2017 Share Posted July 23, 2017 9 minutes ago, teddybear said: Switzerland. Shouldn't be a big problem to get large capitals into a Swiss bank - half of the global rich have already Link to comment Share on other sites More sharing options...
teddybear Posted July 23, 2017 Author Share Posted July 23, 2017 1 minute ago, tzuvi said: Don't know how the tax system works in Switzerland but i'd recommend to withdraw your investment in Germany or Austria where you pay 0% tax if between initial investment and withdraw time is > 1year. Same in Switzerland. Not sure about those German socialist pigs. The love taxing ghe shiit out of everything. I've lived there almost 20 years. tzuvi 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now