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Topic: How many bitcoin is considered a bulk amount? - page 2. (Read 3654 times)

hero member
Activity: 868
Merit: 508
September 17, 2014, 06:09:40 AM
#5
Aha. Thanks for reply. I don't suppose you're also in SE Queensland?
Nope. Ask TradeFortress. He has 4.1K BTC he can sell to you and he's in Australia.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
September 17, 2014, 05:39:26 AM
#4
if you're looking to buy more than 100 BTC all at once, you could possibly get them from Bitpay??? (Idk what their minimum buy limit is but I have read and heard from Tony Gallippi that they do privately sell larger amounts of bitcoin to private parties who are interested)

I'm pretty sure that you will not be able to buy them with a discount because I could simply sell them in smaller increments at market rate if I wanted to get my money from them and often someone holding a substantial portion of bitcoin is worried about the risk of losing out on profit if the price rallies to a new all time high.
full member
Activity: 141
Merit: 100
September 17, 2014, 03:43:55 AM
#3
Aha. Thanks for reply. I don't suppose you're also in SE Queensland?
hero member
Activity: 868
Merit: 508
September 16, 2014, 04:46:44 AM
#2


For example, let's say the market rate is $US500/bitcoin, what kind of discount below market rate could be expected in a trade for 10, 20, 50 or 100 bitcoin?

Depends who you're dealing with and who wants to buy or sell more. LocalBitcoins is a good place to get asking prices. You'll probably have an easier time getting closer to market if you're selling BTC, rather than buying; it really can go either way, though.

Who deals in those kinds of quantities?

I do, if you're local to me.
full member
Activity: 141
Merit: 100
September 16, 2014, 04:21:24 AM
#1
For example, let's say the market rate is $US500/bitcoin, what kind of discount below market rate could be expected in a trade for 10, 20, 50 or 100 bitcoin?

Who deals in those kinds of quantities?
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