Yes, coinbase offers OTC method when buying and selling bitcoin, same with gemini. So I'm pretty sure paypal buys bitcoin through to large exchanges such as mentioned above.
Coz there's no anonymous whales in their right mind will undergo on some selling process to this large business such as paypal, coz business will only deal to business with paper works, contracts and etc.
Topic: OTC Over The Counter BTC Trading? - page 3. (Read 569 times)
Who are the whales that have 1000s of BTC dumping selling it on the OTC desk? Why these whales don't have faith that BTC will go higher than 20k?
To get liquidity you need to trade. Sell and buy.
Maybe you want to cash out at a certain preset price or maybe you just want more cash... 19k is 19k if you have a few thousand btc. Dropping it now might be easier than trying to get someone to buy your coins at 200k or 1mil in a few years (assuming we go higher)... A bird on the ground is worth 3 in the bush and 9 in the sky..
Just to confirm big institutions like MicroStrategy, Paypal etc. are buying 1000's of Bitcoins not off exchanges like Coinbase where the small retail investors go, but they buy over OTC?
How are they buying 1000s of BTC when there is a shortage in BTC everyone claiming?
Just to confirm OTC trading does not affect or move the market price no matter how big the transaction is?
Who are the whales that have 1000s of BTC dumping selling it on the OTC desk? Why these whales don't have faith that BTC will go higher than 20k?
How are they buying 1000s of BTC when there is a shortage in BTC everyone claiming?
Just to confirm OTC trading does not affect or move the market price no matter how big the transaction is?
Who are the whales that have 1000s of BTC dumping selling it on the OTC desk? Why these whales don't have faith that BTC will go higher than 20k?
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