Topic: Looking for large BTC holders that are willing and able to accept physical cash (Read 280 times)
June 14, 2019, 11:58:35 AM
Just a quick update. This investor seemed to check out up until the time came to start KYC then he became paranoid and started trying to change the terms of the deal. We decided to end discussions with him.
May 27, 2019, 09:15:09 PM
Let me point out a fact that most have not touched upon.
Since you / your client is willing to do this through cash, it would mean someone with that amount of BTC would have to meet you physically. Risking their anonymity and possibly endangering themselves.
Anyone with stacks of cash can get a gun and then point it at the BTC seller - forcing them to give up their BTC - since they showed up that must mean they have the BTC.
If this never occurred to you, then think about this. Possibly this guy (if it is not you) - is playing you along to find the right bait.
I am sure you are acting as an agent here, but I would advise you to let it go. Advice your "client" to buy the crypto online.
PS: Come to think of it, weren't you looking for investments into your project?
Anyways, good luck.
Since you / your client is willing to do this through cash, it would mean someone with that amount of BTC would have to meet you physically. Risking their anonymity and possibly endangering themselves.
Anyone with stacks of cash can get a gun and then point it at the BTC seller - forcing them to give up their BTC - since they showed up that must mean they have the BTC.
If this never occurred to you, then think about this. Possibly this guy (if it is not you) - is playing you along to find the right bait.
I am sure you are acting as an agent here, but I would advise you to let it go. Advice your "client" to buy the crypto online.
PS: Come to think of it, weren't you looking for investments into your project?
Anyways, good luck.
Yes that's occurred to me and the buyer. The physical meeting would not happen in a hotel room, parking garage, etc... It would need to occur inside a bank or some other secure location where both parties feel safe and comfortable.
As to raising money for my project, yes I am. This investor is interested in investing part of the money they have in cash in our project contingent on finding a BTC seller that will accept cash. The problem is they need someone that can get the physical cash directly into BTC without triggering a taxable event by depositing it into a bank account.
May 27, 2019, 09:34:16 AM
Let me point out a fact that most have not touched upon.
Since you / your client is willing to do this through cash, it would mean someone with that amount of BTC would have to meet you physically. Risking their anonymity and possibly endangering themselves.
Anyone with stacks of cash can get a gun and then point it at the BTC seller - forcing them to give up their BTC - since they showed up that must mean they have the BTC.
If this never occurred to you, then think about this. Possibly this guy (if it is not you) - is playing you along to find the right bait.
I am sure you are acting as an agent here, but I would advise you to let it go. Advice your "client" to buy the crypto online.
PS: Come to think of it, weren't you looking for investments into your project?
Anyways, good luck.
Since you / your client is willing to do this through cash, it would mean someone with that amount of BTC would have to meet you physically. Risking their anonymity and possibly endangering themselves.
Anyone with stacks of cash can get a gun and then point it at the BTC seller - forcing them to give up their BTC - since they showed up that must mean they have the BTC.
If this never occurred to you, then think about this. Possibly this guy (if it is not you) - is playing you along to find the right bait.
I am sure you are acting as an agent here, but I would advise you to let it go. Advice your "client" to buy the crypto online.
PS: Come to think of it, weren't you looking for investments into your project?
Anyways, good luck.
May 24, 2019, 11:53:31 AM
and the physical cash is conterfiet
The BTC seller can do whatever they need to verify the cash before the exchange is finalized
May 24, 2019, 11:47:03 AM
and the physical cash is conterfiet
May 24, 2019, 11:28:09 AM
Looks like something illegal then it's probably wise for me to not get involved.
There are many legal tax loopholes. Don't go cod the illegal ones. Find an island where corporation tax isn't a thing. And then one where income tax isn't a thing...
There are many legal tax loopholes. Don't go cod the illegal ones. Find an island where corporation tax isn't a thing. And then one where income tax isn't a thing...
I don't think it's illegal, I've had a guy that owns a company that does these types of exchanges vet him and he says the guy is legitimate. The problem now is the guys company wants to take the cash to their bank and deposit it which will take 2-14 hours and then send the BTC and the investor wants the BTC right after the cash has been counted and verified. Seems like a reasonable thing to be concerned about
May 24, 2019, 11:18:36 AM
Looks like something illegal then it's probably wise for me to not get involved.
There are many legal tax loopholes. Don't go cod the illegal ones. Find an island where corporation tax isn't a thing. And then one where income tax isn't a thing...
There are many legal tax loopholes. Don't go cod the illegal ones. Find an island where corporation tax isn't a thing. And then one where income tax isn't a thing...
May 24, 2019, 10:49:41 AM
Why doesn't this individual do the trade themselves and gets someone else to do it?
You know a lot of exchanges give a good discount to large buyers (on fees) ...
You know a lot of exchanges give a good discount to large buyers (on fees) ...
Because the money is in physical cash and the individual is trying to take advantage of a tax loophole in their country that prevents the cash from being able to be deposited in their bank account directly. It has to be a direct exchange cash for BTC otherwise they won't be able to take advantage of the loophole
May 23, 2019, 07:53:21 PM
Why doesn't this individual do the trade themselves and gets someone else to do it?
You know a lot of exchanges give a good discount to large buyers (on fees) ...
You know a lot of exchanges give a good discount to large buyers (on fees) ...
May 23, 2019, 06:47:00 PM
I'm in contact with a wealthy individual that is looking to purchase 1-10 million EUR worth of BTC with physical cash. Cash is clean, individual is willing to undergo KYC/AML and transaction will take place inside a secure bank in Europe.
We are in talks with a company that can help facilitate the transaction but are looking for other individuals in case the deal falls through.
Please PM me for more details.
Buddy, don't stress yourself for of the cash is clean and you can basically undergo KYC/AML. Why don't you split money into several exchange site like coin base, kraken, Binance and luno or convert your money into liberty reserve and get yourself Bitcoin through there site for none of the forum members is fool We are in talks with a company that can help facilitate the transaction but are looking for other individuals in case the deal falls through.
Please PM me for more details.
Not even this time when the market is doing well.
May 23, 2019, 05:27:38 PM
I'm in contact with a wealthy individual that is looking to purchase 1-10 million EUR worth of BTC with physical cash. Cash is clean, individual is willing to undergo KYC/AML and transaction will take place inside a secure bank in Europe.
We are in talks with a company that can help facilitate the transaction but are looking for other individuals in case the deal falls through.
Please PM me for more details.
We are in talks with a company that can help facilitate the transaction but are looking for other individuals in case the deal falls through.
Please PM me for more details.
Jump to: