I'm a newbie into bitcoin [3rd month or so] and have invested about a sum into bitcoin and am glad to say have made some money. I have been speaking to my dad about this and convincing him about bitcoin. He posed a question that I didn't really think about and has now become my own question; If I would want to convert the bitcoins I have into NZD and get it into my bank account, how do I do it? I currently trade on Bitstamp and have my BTC in my Trezor. My dad's worry is that when I convert and make a ton of money, the IRD and banks will be calling me saying "is this money laundered from somewhere" etc. I do not know these things or how to get the money out safely. Do you all have any ideas? Many thanks in advance
AITA? Drugged up uncle smashed my mining pc, cost me in excess of 1.5 million NZD in bitcoin, so I'm not talking to him.
To expand on the title through 2011 to 2013 I was mining bitcoin, I was helped by some Russian dudebros I had met on a now defunct console jailbreaking site(not doing anything illegal, I just like homebrew shit ok). They got me into a very decent mining pool. Stepped me through what I could do to turn my shoddy laptop into a usable mining device and they paid me in small increments of bitcoin for editing crap they had written in English but had gotten things like past/present/future tenses and plural/singulars of nouns wrong. Through 2011 to 2013 I had mined, been paid, and otherwise collected a total 138 bitcoin. Mid 2013 said uncle smashed my mining pc "because I was always on it"(False. I needed that fucker to mine, and to talk specifically to "the dudebros", I was always on my OTHER pc, and my ps3) and because I wasn't up at 5 fucking A M to help his coked up backside go milk cows. I had initially started mining as a spite investment(not the part I want to be judged on, I know this part of it is at least vaguely asshole-y) due to the fact my GF in 2011 left me and I had 300-ish bucks spare I was planning to blow on an end of highschool thing for her and I. After that the plan then became to start mining in 2011, use the 300-ish bucks to convert my lappy into a usable miner, ignore what bitcoin is/was worth until Nov 25 2017. This was the 6th year anniversary of when I started mining, cause I had been looking for a long term romantic relationship since I was 11 right up until I was 17( 2005-2011), 6 years of mining to match the 6 years I wasted dating around, finding semi-serious relationships that just ended in heartache etc. Well I found out in 2017 what I lost, told my uncle what he cost me. His reply was a sarcastic "I'll pay you back later", havent talked to my uncle since. The rest of my family considers this to be an asshole move, what do you fuckers think?
Hi guys, I’m wondering what the safest way to trade my bitcoin back to NZD is. What’s the most trusted solution? I have looked at CEX.IO but the reviews are terrible. I have seen that some Australia brokerages convert back to NZD but there is a 3-4 day transaction period due to it being an international transfer. Any help would be appreciated.
I sent some bitcoin to a friend, and paid $0.40 cent NZD transaction fee.
It took 24 hours or so, but that didn't matter. It was a friend, a minor amount, and I use a wallet that lets me chose the fee amount. The broadcast was instant. For now that's enough for low value transactions. The only time I find myself accepting the default way high transaction (due to poor wallet app fee estimation) is when I feel the need for someone else to experience a confirmation within a block or two. Also, does anyone have a favourite site they use to check the mempool?
Quick Question about getting Bitcoin Payouts to Cash in NZD.
Hey there just I started mining on my SLI 1080's a couple weeks ago, and was wondering whats the best way to get my Bitcoin payouts into NZ dollars with Nicehash. Sorry if this has been asked before just everything else seems USD only. Thanks Guys.
are you wanting to sell any coins? were buying up to 50k NZD of bitcoin at market rates.
Hey guys were looking for a large amount of coins this week. If any of you are selling we would be happy to take them off your hands at current market rates. eg. google/preev NZD market rate. We bank with all the major NZ banks so can send you funds instantly. Also palpal if you want etc. Best way to contact us is to jump onto our site and have a chat or you can txt call on : 02041110144 (nz mobile) We need to obtain these coins in the next few days so get in quick. for information about us see links below. LBC Profile page: https://localbitcoins.com/accounts/profile/coinhub/ Website: https://coinhub.nz
I want to buy Bitcoin with NZD, but I don't live in New Zealand.
Hello, I recently went to New Zealand for an internship, and I earned some money that I would like to convert into Bitcoin. The thing is, even if I got a nice pile of NZD in my ANZ bank account, I can't seem to find a good solution to change then into Bitcoin. I can't use BitNZ because online deposits are on hold (and apparently it's not going to change soon), Tua doesn't seem to be available now, and I'm simply puzzled by how the market works in LocalBitcoins.com. All advertisments on LocalBitcoins have pretty much ridiculous prices (the sellers want to sell for an absurd amount of money compared to the market prices, and so do most buyers apparently), and especially, many of them require not only a real name (I'm fine with that, I'm not a scanner) but also a NZ ID. I'm honest and I can provide any proof of identity, residence, etc., but I am french, I live in France and I can't deposit cash anywhere. Any idea what I could do? If you know other exchanges accepting NZ deposits without huge fees, I would be interested as well…
Hey guys, quick question. I'm planning on getting back into buying bitcoin, hopefully $50 or a week to cost average it out. I have some pounds in a UK bank account. Would it be better to buy from a site (which one?) and then transfer to my wallet or transfer the pounds to nzd and buy from here (also which site? I have kiwi-coin, local localbitcoin and an easycrypto accounts) Any suggestions would be greatly appreciated!
Der Kauf von Krypto wie Bitcoin und Ether ist so einfach wie die Überprüfung Ihrer Identität, das Hinzufügen einer Zahlung und das Klicken auf "Kaufen". Melden Sie sich noch heute für unser Portemonnaie an. Brieftasche erstellen New Zealand Bitcoin Exchange. Kiwi-Coin is New Zealand's Bitcoin Exchange. Kiwi-Coin was founded 6 years ago by a group of local bitcoin enthusiasts with already 3 years experience in bitcoin. Since we were established, we have survived four local exchanges established before us and since demised, to become the longest serving exchange. You can request payment in Bitcoin instead of NZD. Mine Bitcoin. It’s now extremely hard for any individual to make money from mining Bitcoin. However, if you’re still interested, learn more about Bitcoin mining here. Earn free Bitcoin. Although time-consuming, there are a handful of legitimate ways to earn small amounts of free Bitcoin through online games and Bitcoin faucets. Buying ... Bitcoin - New Zealand Dollar Chart (BTC/NZD) Conversion rate for Bitcoin to NZD for today is NZ$19,382.21. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of NZ$37,302,358,496 Convert 1 Bitcoin to New Zealand Dollar. Get live exchange rates, historical rates & charts for XBT to NZD with XE's free currency calculator.
Bitcoin Bull Break - Technical & Fundamental Analysis
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