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Topic: Bitmain is looking for bulk Bitcoin buyers (Read 4158 times)

newbie
Activity: 28
Merit: 0
June 13, 2017, 05:08:15 PM
#28
I have a hedge fund looking to buy USD 500k up to 10 million dollars
worth of Bitcoin. 

The hedge fund is looking to buy at a 10% discount to the market price.

PM if interested.

hero member
Activity: 798
Merit: 1000
A bit funny that bitcoin number 1 provider for asics exchanging coins for fiat. Like there is not enough trust. Maybe they should start paying wages in bitcoin etc. this would make super start for bitcoin.

If you gathering coins and then trying get rid of it for fiat seems you have no trust to it.

Why they would need fiat when you can buy almost anything for BTC?

Bitmain maybe you know something we dont?

What you are saying is ridiculous. Do you expect them to pay for electricity, raw materials, worker wages, food, water, tools, in BTC?
I don't.

Not really. People screaming how bitcoin can be something which is break through if merchants which uses that exchange that ASAP to fiat.
Same is doing BITMAIN. ofcourse i do think paying with bitcoin for everything would be ridiculous and impossible.

But just imagine if they would start pay let say in BTC wages to workforce.


Yes, but Bitmain is most likely just a designer of chips. Bitcoin isn't really accepted in China, and banks are a bit against it, and to pay the few designers would mean nothing, since they would be cashed out immediately.
legendary
Activity: 2324
Merit: 1039
A bit funny that bitcoin number 1 provider for asics exchanging coins for fiat. Like there is not enough trust. Maybe they should start paying wages in bitcoin etc. this would make super start for bitcoin.

If you gathering coins and then trying get rid of it for fiat seems you have no trust to it.

Why they would need fiat when you can buy almost anything for BTC?

Bitmain maybe you know something we dont?

What you are saying is ridiculous. Do you expect them to pay for electricity, raw materials, worker wages, food, water, tools, in BTC?
I don't.

Not really. People screaming how bitcoin can be something which is break through if merchants which uses that exchange that ASAP to fiat.
Same is doing BITMAIN. ofcourse i do think paying with bitcoin for everything would be ridiculous and impossible.

But just imagine if they would start pay let say in BTC wages to workforce.
hero member
Activity: 798
Merit: 1000
A bit funny that bitcoin number 1 provider for asics exchanging coins for fiat. Like there is not enough trust. Maybe they should start paying wages in bitcoin etc. this would make super start for bitcoin.

If you gathering coins and then trying get rid of it for fiat seems you have no trust to it.

Why they would need fiat when you can buy almost anything for BTC?

Bitmain maybe you know something we dont?

What you are saying is ridiculous. Do you expect them to pay for electricity, raw materials, worker wages, food, water, tools, in BTC?
I don't.
legendary
Activity: 2324
Merit: 1039
A bit funny that bitcoin number 1 provider for asics exchanging coins for fiat. Like there is not enough trust. Maybe they should start paying wages in bitcoin etc. this would make super start for bitcoin.

If you gathering coins and then trying get rid of it for fiat seems you have no trust to it.

Why they would need fiat when you can buy almost anything for BTC?

Bitmain maybe you know something we dont?
ZiG
sr. member
Activity: 406
Merit: 250
yup looking to buy few btc but 1000 is a bit low for me

i wanna buy 10,000 minimum.

 i like whole pizzas  not the ones that come in tenths Grin


 they can sell you 10,000 here is one of their btc addresses:



https://blockchain.info/address/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ


it has more then 11,000 coins

11,446.59 BTC as I write * $596 = 6,822,169.55 USD ...not bad at all... Grin

BitMain is not short of money ...that's for sure... Wink

ZiG
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
yup looking to buy few btc but 1000 is a bit low for me

i wanna buy 10,000 minimum.

 i like whole pizzas  not the ones that come in tenths Grin


 they can sell you 10,000 here is one of their btc addresses:



https://blockchain.info/address/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ


it has more then 11,000 coins
legendary
Activity: 1988
Merit: 1007
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

I say because all their products are bought in bitcoin, and they need to convert all that to fiat without dumping a ton on an exchange and affecting the price.

I actually wasn't thinking about that, and if this is their reason that's a huge +1 for them. I have a lot of respect for people that want to make their move without decimating the Bitcoin system in the process.

I agree. Dumping 1000+ BTC on an exchange with a lower price would make it tumble.

For whatever reason (greed?) most people don't think about that though and figure they should pull out asap instead. They lose money and we lose money as a result, so they screw everyone.
hero member
Activity: 798
Merit: 1000
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

I say because all their products are bought in bitcoin, and they need to convert all that to fiat without dumping a ton on an exchange and affecting the price.

I actually wasn't thinking about that, and if this is their reason that's a huge +1 for them. I have a lot of respect for people that want to make their move without decimating the Bitcoin system in the process.

I agree. Dumping 1000+ BTC on an exchange with a lower price would make it tumble.
sr. member
Activity: 327
Merit: 250
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

I say because all their products are bought in bitcoin, and they need to convert all that to fiat without dumping a ton on an exchange and affecting the price.

that makes perfect sense
legendary
Activity: 1988
Merit: 1007
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

I say because all their products are bought in bitcoin, and they need to convert all that to fiat without dumping a ton on an exchange and affecting the price.

I actually wasn't thinking about that, and if this is their reason that's a huge +1 for them. I have a lot of respect for people that want to make their move without decimating the Bitcoin system in the process.
hero member
Activity: 798
Merit: 1000
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

I say because all their products are bought in bitcoin, and they need to convert all that to fiat without dumping a ton on an exchange and affecting the price.
hero member
Activity: 732
Merit: 500
Nosce te Ipsum
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?

My guess would be since they are pretty much the #1 Asic provider, they have a shit load of Bitcoin to get rid of!
legendary
Activity: 1988
Merit: 1007
I'm curious as to why you (as an ASIC provider) need people to buy such a high load. Are you expanding into other territories?
hero member
Activity: 732
Merit: 500
Nosce te Ipsum
All of the newbie members posting in this thread are amusing. There is no more trusted name in bitcoin than BitMain, I would argue.

Lol!! I was just gonna make a similar post, and then I saw yours!

Gotta love the noobs though, they are certainly entertaining!
sr. member
Activity: 392
Merit: 250
Let's get rich together
I HAVE 9 BITCOINS NEED A BUYER...WORTH $4,023  WOULD ANYONE JUST LIKE TO TAKE THESE OFF MY HANDS ASAP ?

are you sure? can you show screen shot your wallet? or which your address?  Smiley
hero member
Activity: 518
Merit: 500
I HAVE 9 BITCOINS NEED A BUYER...WORTH $4,023  WOULD ANYONE JUST LIKE TO TAKE THESE OFF MY HANDS ASAP ?
I'm always here;) https://bitcointalksearch.org/topic/trusted-reliable-fast-paypal-btc-es-codes-cash-deposit-wire-mgwu-524457
newbie
Activity: 1
Merit: 0
I HAVE 9 BITCOINS NEED A BUYER...WORTH $4,023  WOULD ANYONE JUST LIKE TO TAKE THESE OFF MY HANDS ASAP ?
sr. member
Activity: 291
Merit: 250
Scam-Busting PSA: Beware of Black Arrow Software
What kind of exchange rate can you provide comparing with Bitstamp.net exchange service. (we will not accept underpricing trading)

I expect that this will be the major barrier to sales of this volume. You can't have your cake and eat it. If you want to drop trades of this volume onto the market then the pricing will be depressed. Or you can sit on your virtual mountain of gold, selling one at a time, for full list price.

That said, nothing but respect for what Bitmain have achieved so far.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
All of the newbie members posting in this thread are amusing. There is no more trusted name in bitcoin than BitMain, I would argue.

Surely mc_lovin is a more trustworthy name than BitMain!  I've been around since 2011 Wink
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