Looking to purchase 100K BTC at -5%.
Buyer is a large fund in HK, needed 250K in total and already completed 150K.
About POC, while we fully understand the risks of exposing a Satoshi of such a large amount, buyer is willing make a compromise by verifying a satoshi of at least 1000 coins. Sending a $0.1 worth of coin will do the job.
Proof of funds = All personal details/company details on a piece of paper, which really endanger someone's privacy.
Proof of coin = Nothing but a bunch of random numbers/letters. And you can always transfer all the coins to a cold wallet for maximum security.
Given such a simple fact, all negotiations before POC are meaningless.
Please, serious personnel only
contact me at Telegram: @kanan888
I am in.
I have the 100,000 BTC spread out over about 1,000 accounts.
Question 1: I am not 100% sure how or why you would want me to prove that I have that many BTC so please tell me more about that. Are you wanting 1,000 signed messages from the 1,000 Bitcoin addresses?
Question 2: Since you are a newbie I do not know how I can trust you to send me the $625,000,000.00 for the transaction. Can you prove to me you have the $625 million dollars for the transaction?
EDIT Question 3: What the heck do you mean by the phrases "exposing a Satoshi" and "verifying a satoshi"? I do not understand.
1. like i said, verifying an address of a 1000 coins will do.
2. POF or BCL is provided immediately upon proof of coin.
3. If you don't understand. I am sorry this is not for you.
How does proving I have 1,000 BTC prove that I have 100,000 BTC?
I understand POF as "Proof of Funds", what is BCL?
This is a very large transaction with a newbie that posts phrases like "exposing a Satoshi" and "verifying a satoshi" without further explanation of what they mean. So, you can see why I am hesitant and I have to ask a few questions.
If you cannot answer a few simple questions then nobody is going to do this large of a transaction with you.
1. You don't have to prove you have all 100,000 coins, that is the problem of trust for most of the large amount trades. Many people with large amount of BTC usually stored those coins in cold since they obtained it, or later transferred them into cold when price went up crazy. Seldom people would like to expose that kind of wealth easily for their personal security. That is why the buyer is willing to compromise by verifying just a 1000 coins, to make sure the seller is at least not a random time waster and has a life to enjoy other than screwing around.
2. Newbie or not, make no difference to this kind of trades. After both party verified the wealth and procedures is discussed, this trade will take place in a banking center in HK with both side lawyers, contracts and escrow before making any transfers. So my reputation in this forum has no help in accountability or trust. I am not here to offer a "I want to buy 25 dollars of bitcoin with paypal".
3. BCL is bank comfort letter. Is often used in commodity trade. I want to recommend you a very famous website if you do not know it yet --
www.google.comOf course I would be more than happy to answer questions.
