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A comment on Yahoo Finance has added over 100 cryptocurrency quote pages. Parent comment

Re:Yahoo Finance has added over 100 cryptocurrency quote pages by RIMR on Monday December 11, 2017 @01:04PM (#15898861)
$10k at a time, unless you make some kind of agreement.

There are also ATMs and other exchanges to tap. Cashing out a large sum is nearly impossible.

If you have millions worth of BTC, it's better to just auction them off at a discount to a large buyer.

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Re:Yahoo Finance has added over 100 cryptocurrency quote pages by etr-strike on Monday December 11, 2017 @01:07PM (#15898892)
To be clear: You can sell 100 btc today for USD. Coinbase will hold your USD (and the balance is insured). They will limit your withdraws to 10k, however. To take out more faster, you'll need to contact them and speak with a human. None of this seems unreasonable.
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Re:Yahoo Finance has added over 100 cryptocurrency quote pages by QAPereo on Monday December 11, 2017 @01:56PM (#15899311)
It paints a bleak picture of bitcoin runs on insolvent and poorly insured exchanges when the bottom falls out.
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Re:Yahoo Finance has added over 100 cryptocurrency quote pages by etr-strike on Monday December 11, 2017 @03:58PM (#15900376)
Coinbase is insured via FDIC, so I don't think "poorly" as an appropriate adverb.
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Re:Yahoo Finance has added over 100 cryptocurrency quote pages by QAPereo on Monday December 11, 2017 @04:31PM (#15900662)
Assuming everything goes smoothly in that regard, it’s still a limited coverage.
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Re:Yahoo Finance has added over 100 cryptocurrency quote pages by kola4512 on Monday December 11, 2017 @01:26PM (#15899074)
Nearly impossible? I don't have millions in BTC, but I do have six figures. I requested a limit increase with Coinbase and they bumped it up to 50K per day. I've had no problems withdrawing that.
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