Thread: Money Bitcoin Take?
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Old 10-12-2017, 10:03 PM   #537
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
Originally Posted by Jewish Rabbi View Post
Sell bitcoin on an exchange. Get cash deposited into your cash fund at said exchange, similar to an online stock brokerage account. ACH money from said account to bank account.

I’ve done this in Coinbase before and had the money in my account the next morning. However, larger amounts may take longer, as I only did this for ~$5k.
Thank you-sending you POS REP.

I guess the big question is the reputation and financial stability of the middle man (the Exchanges) taking and giving the money.
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