Just buy BTC I say.
Topic: I have 3 Million USD to invest into Crypto Currency - How should I do it? - page 4. (Read 19829 times)
June 29, 2014, 08:32:42 PM
June 29, 2014, 08:30:25 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
For the lazy ones :
"This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”)."
"1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold."
It closes June 30 but we won't have the winners&price immediately, does someone know if the final auction price will be public?
This is correct, but it does not make it any easier for the OP to be able to get 2 3k blocks from the auction
He can get a 3k block and the 2.6x block
I am sure he could invest more than 3m if needed
3m is not enough to invest. I read an article that said most companies that are looking to get into a mining operation or an investment in a bitcoin service need to spend upwards of 20m or more. 3m to 10m is too small.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 29, 2014, 04:27:20 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
For the lazy ones :
"This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”)."
"1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold."
It closes June 30 but we won't have the winners&price immediately, does someone know if the final auction price will be public?
This is correct, but it does not make it any easier for the OP to be able to get 2 3k blocks from the auction
He can get a 3k block and the 2.6x block
I am sure he could invest more than 3m if needed
June 18, 2014, 05:37:19 AM
maybe u must invest it in ATM bitcoin,maybe the maintenance fee is high,but if we see in the future,bitcoin have a high chance to spread around the world, so u can be a leader in ATM bitcoin developer.
and for risk taker,maybe u must find a good partner to this, maybe with bittrex or another exchange,so it can educate other people and make money too,
and for risk taker,maybe u must find a good partner to this, maybe with bittrex or another exchange,so it can educate other people and make money too,
The ATM market is already full with skilled and connected people, it is risky and by no means easy
Buying bitcoins is safer
June 17, 2014, 08:36:37 PM
maybe u must invest it in ATM bitcoin,maybe the maintenance fee is high,but if we see in the future,bitcoin have a high chance to spread around the world, so u can be a leader in ATM bitcoin developer.
and for risk taker,maybe u must find a good partner to this, maybe with bittrex or another exchange,so it can educate other people and make money too,
and for risk taker,maybe u must find a good partner to this, maybe with bittrex or another exchange,so it can educate other people and make money too,
June 16, 2014, 05:02:38 AM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
For the lazy ones :
"This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”)."
"1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold."
It closes June 30 but we won't have the winners&price immediately, does someone know if the final auction price will be public?
This is correct, but it does not make it any easier for the OP to be able to get 2 3k blocks from the auction
He can get a 3k block and the 2.6x block
I am sure he could invest more than 3m if needed
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 15, 2014, 11:24:49 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
For the lazy ones :
"This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”)."
"1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold."
It closes June 30 but we won't have the winners&price immediately, does someone know if the final auction price will be public?
This is correct, but it does not make it any easier for the OP to be able to get 2 3k blocks from the auction
June 15, 2014, 06:35:11 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
For the lazy ones :
"This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”)."
"1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold."
It closes June 30 but we won't have the winners&price immediately, does someone know if the final auction price will be public?
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 15, 2014, 04:36:36 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
The terms of the auction is that you must say the maximum price that you are willing to pay and how many you are willing to buy. If he wanted two then he could say he will buy 2 @ 1.5mm each. If he wanted to be sure to get one he could say he would buy 1 @ $1.65mm (and 1 @ 1.35mm if he wanted a chance to get a 2nd one)
June 14, 2014, 06:13:09 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
Having bitcoins secured properly is probably the least risky investment you can make in Bitcoin
June 14, 2014, 01:35:37 PM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
June 14, 2014, 05:05:04 AM
My .02 BTC is that you should invest in an ATM network.
BTC ATMs can command relatively high margins when buying/selling BTC to users. If everything is setup properly, as long as the exchange does not go under you should be able to make money off of each TX assuming that your exchange does not go under.
BTC ATMs require a large initial capital investment (over 5 figures) and can have high regularity costs/risks. If you have enough to invest then you can potentially reach an economy of scale.
BTC ATMs can command relatively high margins when buying/selling BTC to users. If everything is setup properly, as long as the exchange does not go under you should be able to make money off of each TX assuming that your exchange does not go under.
BTC ATMs require a large initial capital investment (over 5 figures) and can have high regularity costs/risks. If you have enough to invest then you can potentially reach an economy of scale.
It is very costly to get all the approvals and it's very complicated
"Required Registration Items:
A manually signed pdf copy of the Bidder Registration Form
A copy of a Government-issued photo ID for the Bidder (or Control Person(s) of Bidder)
$200,000 USD deposit sent by wire transfer originating from a bank located within the United States (please provide receipt of transfer)
You must deliver the Required Registration Items by email to [email protected]."
June 14, 2014, 01:47:25 AM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
If you pegged the auction coins at 550 a piece, the smallest block of 3K, would cost just over half of his 3M.
550 * 3,000 = 1,650,000
June 14, 2014, 01:15:45 AM
New idea. Deposit $200,000 into US auction of confiscated SR coins. Get as many as you can and hold for dear life!
*or diversify
*or diversify
June 14, 2014, 12:49:21 AM
http://www.usmarshals.gov/assets/2014/bitcoins/
That is an interesting idea, you could probably get a pretty good deal on a block of 3k BTC, and then sell it at a higher price on an exchange. I'm not sure how much, if any, discount you could get from buying in bulk.
Just a suggestion... But I doubt someone with 3 million, would conduct themselves in this matter...
That is an interesting idea, you could probably get a pretty good deal on a block of 3k BTC, and then sell it at a higher price on an exchange. I'm not sure how much, if any, discount you could get from buying in bulk.
Just a suggestion... But I doubt someone with 3 million, would conduct themselves in this matter...
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 13, 2014, 11:00:18 PM
My .02 BTC is that you should invest in an ATM network.
BTC ATMs can command relatively high margins when buying/selling BTC to users. If everything is setup properly, as long as the exchange does not go under you should be able to make money off of each TX assuming that your exchange does not go under.
BTC ATMs require a large initial capital investment (over 5 figures) and can have high regularity costs/risks. If you have enough to invest then you can potentially reach an economy of scale.
BTC ATMs can command relatively high margins when buying/selling BTC to users. If everything is setup properly, as long as the exchange does not go under you should be able to make money off of each TX assuming that your exchange does not go under.
BTC ATMs require a large initial capital investment (over 5 figures) and can have high regularity costs/risks. If you have enough to invest then you can potentially reach an economy of scale.
June 10, 2014, 06:58:53 AM
as others have said... please don't advertise you are rich.
you will receive 10000 emails a day with virus's.. and 1000000000 pm's a day with virus's
and a shit load of bad advice telling you to invest in some alt coin.
if you have 3 million you are obviously doing smething right... keep doing what ever it is you are doing
and maybe donate to me =)
you will receive 10000 emails a day with virus's.. and 1000000000 pm's a day with virus's
and a shit load of bad advice telling you to invest in some alt coin.
if you have 3 million you are obviously doing smething right... keep doing what ever it is you are doing
and maybe donate to me =)
Good advices
But the way I see it the 3m is the amount he wants to diversify in crypto currencies or maybe a few friends decide to pool their money together to invest in crypto
He didn't give his email or much personal info
June 10, 2014, 06:35:33 AM
as others have said... please don't advertise you are rich.
you will receive 10000 emails a day with virus's.. and 1000000000 pm's a day with virus's
and a shit load of bad advice telling you to invest in some alt coin.
if you have 3 million you are obviously doing smething right... keep doing what ever it is you are doing
and maybe donate to me =)
you will receive 10000 emails a day with virus's.. and 1000000000 pm's a day with virus's
and a shit load of bad advice telling you to invest in some alt coin.
if you have 3 million you are obviously doing smething right... keep doing what ever it is you are doing
and maybe donate to me =)
June 10, 2014, 06:31:29 AM
You probably already know this but 99.9% of these people will do ANYTHING IT TAKES to put your money in their pocket.
If you are serious, be very careful.
If you are serious, be very careful.
He is seeking advice as part of his due diligence to learn about what opportunities are available and he will do his due diligence on any new opportunity he learn
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