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Topic: Selling 15,000 BTC at $0.20/BTC - page 7. (Read 18222 times)

sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 11:52:45 AM
#30
You could just send the 50,000 BTC to yourself and the transaction will be visible in the block chain.

If that's the case then you should already be able to see the number of bitcoins sent to my address which is 1CRZpkKKAt7G5uiK4JPBjBJGnozgiatFAs.
administrator
Activity: 5222
Merit: 13032
September 29, 2010, 11:44:47 AM
#29
You could just send the 50,000 BTC to yourself and the transaction will be visible in the block chain.
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 11:32:16 AM
#28
I'm not jumping through hoops. Either you do business with me on my terms or not at all. If you don't trust me and can't risk losing any money then don't take the risk. In a year or two after I'm well established in the business things will be different. I'm trying to get in on the ground floor as a trusted cash exchanger which will be a lot more valuable and legal than a few quick bucks committing a federal crime.

Please stop derailing this thread. The only proof you will have that I'm honest will be once you have the cash or bitcoins in your possession.
legendary
Activity: 1106
Merit: 1004
September 29, 2010, 11:15:54 AM
#27
It should be easy to prove he has the 50k if he could sign something using the private keys that hold these 50k, shouldn't it?

Of course that doesn't prove he'll sell them at the price announced, but at least prove he has them, or at most, proves that somebody who has them is his friend.  Grin
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 11:06:43 AM
#26
Would you mind posting the 50,000 for sale at mtgox at the exact price of .0900 so I know you have them?

In all seriousness, I graduated from the University of Alabama, and was thinking of going for this week's game on saturday. If I knew you had the coins, I wouldn't mind driving to huntsville to arrange for an in-person transfer. I was thinking I'll buy 25k coins for $1,000?

I'm not meeting someone off the internet and I'm not trusting my bitcoins to another website. I'm not sure how mtgox works but I assume I would have to transfer them to mtgox in order for mtgox to verify I actually have that much.

If you are serious about buying from me then make a small purchase first, whatever you feel you can risk and we can go up from there. If I were committing mail fraud, you have my post office box address and the authorities would easily be able to locate me.

http://uscode.house.gov/download/pls/18C63.txt
hero member
Activity: 482
Merit: 501
September 29, 2010, 10:59:49 AM
#25
Would you mind posting the 50,000 for sale at mtgox at the exact price of .0900 so I know you have them?

+1

Quote
In all seriousness, I graduated from the University of Alabama, and was thinking of going for this week's game on saturday. If I knew you had the coins, I wouldn't mind driving to huntsville to arrange for an in-person transfer. I was thinking I'll buy 25k coins for $1,000?

+1

---

+2 for TTBit Smiley
legendary
Activity: 1137
Merit: 1001
September 29, 2010, 10:47:42 AM
#24
Would you mind posting the 50,000 for sale at mtgox at the exact price of .0900 so I know you have them?

In all seriousness, I graduated from the University of Alabama, and was thinking of going for this week's game on saturday. If I knew you had the coins, I wouldn't mind driving to huntsville to arrange for an in-person transfer. I was thinking I'll buy 25k coins for $1,000?
legendary
Activity: 1137
Merit: 1001
September 29, 2010, 10:40:50 AM
#23
Please stop trolling.

fair enough. Good luck
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 10:33:59 AM
#22
Please stop trolling.
legendary
Activity: 1288
Merit: 1080
September 29, 2010, 10:06:25 AM
#21

Please contact me by email and let me know how much you are sending so I can reserve the appropriate number of bitcoins for you.

done :-)
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 09:52:37 AM
#20
Would you accept euros ?

No, I accept USD only. You can convert your currency to USD at most banks or airports.

I'll do that, since your fares seem better than bitcoin4cash.


Please contact me by email and let me know how much you are sending so I can reserve the appropriate number of bitcoins for you.
legendary
Activity: 1288
Merit: 1080
September 29, 2010, 09:49:20 AM
#19
Would you accept euros ?

No, I accept USD only. You can convert your currency to USD at most banks or airports.

I'll do that, since your fares seem better than bitcoin4cash.
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 09:43:42 AM
#18
Would you accept euros ?

No, I accept USD only. You can convert your currency to USD at most banks or airports.
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 09:41:03 AM
#17
I'd be interested to know if you get any takers on that.

I've already addressed this: https://bitcointalksearch.org/topic/m.14437
legendary
Activity: 1288
Merit: 1080
September 29, 2010, 09:40:06 AM
#16
We have 50,000+ BTC for sale at 25 BTC per $1.00 USD which is $0.04 per BTC (below market price).

http://www.bitcoin2cash.com/

Would you accept euros ?  What would be your ask for that ?.
How many bitcoins would you give for one euro ?
sr. member
Activity: 504
Merit: 252
Elder Crypto God
September 29, 2010, 09:28:26 AM
#15
Therefore, one of the two "$1.00" payments received will be claimed as lost.

That's libelous. Watch your wording since it sounds more like a claim of what will happen rather than hypothetical scenario. This is exactly the kind of thing that can damage my business.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
September 29, 2010, 02:34:48 AM
#14
He's offering a good deal in order to establish a good reputation at which point he can charge a premium. Also he can keep stocked on the cheap if anyone wants/needs to get cash in the mail for their bitcoins. 200BTC/1$ does seem extreme though. I'd be interested to know if you get any takers on that.

As does
Where are you located. I'll buy them.

However, I suspect you're trying to move the market with zero coins.

This is a possibility.  Perhaps they are trying to shape the market with this service, however, I am certain that since it requires mailing monies, that it will not succeed as well as mtgox or bitcoin market which use Internet-based monies and do not require any snail mailing.

Snail mailing has pros and cons. This will not result in a tight market, but it will bring in some very privacy conscious people and those who cannot use PayPal, etc.
hero member
Activity: 574
Merit: 513
September 29, 2010, 12:11:47 AM
#13
He's offering a good deal in order to establish a good reputation at which point he can charge a premium. Also he can keep stocked on the cheap if anyone wants/needs to get cash in the mail for their bitcoins. 200BTC/1$ does seem extreme though. I'd be interested to know if you get any takers on that.

As does
Where are you located. I'll buy them.

However, I suspect you're trying to move the market with zero coins.

This is a possibility.  Perhaps they are trying to shape the market with this service, however, I am certain that since it requires mailing monies, that it will not succeed as well as mtgox or bitcoin market which use Internet-based monies and do not require any snail mailing.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
September 28, 2010, 10:33:26 PM
#12
Just curious, why not use mtgox? You can sell 25k on there right now for more than .04

It is unlikely bitcoin2cash will establish a positive reputation from their efforts in this manner.
Cash by mail could possibly become "lost" and therefore create profit for bitcoin2cash.
Only a percentage of the incoming funds need to be "lost" in order to generate profit.


e.g. the first us $1.00 sent to them will supposedly trigger bitcoin2cash to send 25btc.  However, current market indicates: $0.06195 each for BTC25 ($1.54875) at mtg.  Total cost for BTC25 is $1.54875

Therefore, in order for bitcoin2cash to afford sending 25btc, they will require at least $2.00 which will then produce an estimated $0.45 worth of profit.  Therefore, one of the two "$1.00" payments received will be claimed as lost.  I would claim it as lost if I were pursuing same scheme.

He's offering a good deal in order to establish a good reputation at which point he can charge a premium. Also he can keep stocked on the cheap if anyone wants/needs to get cash in the mail for their bitcoins. 200BTC/1$ does seem extreme though. I'd be interested to know if you get any takers on that.
hero member
Activity: 574
Merit: 513
September 28, 2010, 10:27:14 PM
#11
Just curious, why not use mtgox? You can sell 25k on there right now for more than .04

It is unlikely bitcoin2cash will establish a positive reputation from their efforts in this manner.
Cash by mail could possibly become "lost" and therefore create profit for bitcoin2cash.
Only a percentage of the incoming funds need to be "lost" in order to generate profit.


e.g. the first us $1.00 sent to them will supposedly trigger bitcoin2cash to send 25btc.  However, current market indicates: $0.06195 each for BTC25 ($1.54875) at mtg.  Total cost for BTC25 is $1.54875

Therefore, in order for bitcoin2cash to afford sending 25btc, they will require at least $2.00 which will then produce an estimated $0.45 worth of profit.  Therefore, one of the two "$1.00" payments received will be claimed as lost.  I would claim it as lost if I were pursuing same scheme.
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