Originally Posted by
HappyHounds
^^I'm still puzzled about why you guys are so OKAY with giving up so much of your money on fees.
Maybe I'm more invested in making money over the longterm but if you need to pull out more than 3000 a week, then just transfer your bitcoins to a real exchange and just do a wire transfer. It's cheap and just as fast as the methods you are describing.
You're losing a ton of money using Coinbase. Sorry but that's not an exchange in any way. It's a brokerage company and you're getting robbed. It might be "easy" or so you think but you're losing money.
I'm not sure why everyone thinks BitCoin is so complicated. If you want to deposit more than $3000, just do a one time wire transfer to BitStamp like I did. It cost me $40 ---did it on Monday and I was buying coins on Wednesday. When I need coins, I buy on BitStamp and I get the best rate. When I cash out, I can cash out right to Bitstamp if I want... or I can transfer to Circle and sell some coins there.
But again, I set aside a minimum of $10,000 that I wired to BitStamp so that I have the freedom to do whatever I want, when I want, with my money. If I want to bet large , I can. If you're not willing to do a wire transfer to a real exchange, you're always going to have to deal with limits and fees at these other companies (Circle/Coinbase) where you are buying coins from them, not on an exchange from other people.
I think you should just keep working with the support at Circle and get your limits up there. Or again, just do wire transfers. Find a bank account that doesn't charge for incoming wires and they are cheap from BitStamp.
Just my thoughts