People have been asking me for well over 1 million worth of BTC over the last 2 weeks and that never happens. Some people are paying 10% over gox.
You mean people are asking you to sell BTC for bank T/T on PM here? 1 Mill$ in the last two weeks?
Why would anybody buy OTC so to not influence the price and then offer a spread which makes it lucrative to just sell to him and buy at an exchange at the same time?
Crazy indeed.
Many people have been asking for a lot of coin. Not all offered to pay over gox rate but one guy did at 3000 coins.
I did not ask why but there is demand otc.
Also not one person tried to sell to me.
That is extremely interesting. It goes along with what we are seeing in the BTC market.
Who brought BTC from $65 to the current level? Large traders primarily. There are obviously some big pocketed people out there that see BTC as something.
You know what they say, follow the money...
Yeah I don't know but either one really big guy, or a lot of smaller big guys are fighting for that OTC BTC. Just about everyone I have ever worked with contacted me recently. This movement up did not shock me at all.
Do you think wealthy people are just seeing it as a store of wealth in light of the global economic situation? (And of course you could move the money effortlessly.)
It is interesting, BTC as a store of wealth, considering the small "float" has tremendous potential. But we can'T forget bitcoin as an online payment method.
I get the feeling we are still at the Mosaic Browser stage (analogy to the early days of the internet) and not even at Netscape, but getting much closer.
