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Topic: What's the largest Bitcoin purchase so far? (Read 541 times)

hero member
Activity: 1582
Merit: 502
What about those million dollar purchases that mining company did from KNC Butterfly Labs?
The one that I heard was bogus, it was just BFL washing coins from their mining operation with customers miners.
L
full member
Activity: 182
Merit: 100
Oh yeah, and Satoshi Dice was sold for 126,000 BTC, the equivalent of about $10 mil at the time. 

https://bitcointalksearch.org/topic/m.2751536

A purchase indeed, but not a tangible object in the same way.

Forgot that one, yap, that might be the biggest one.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Oh yeah, and Satoshi Dice was sold for 126,000 BTC, the equivalent of about $10 mil at the time. 

https://bitcointalksearch.org/topic/m.2751536

A purchase indeed, but not a tangible object in the same way.
L
full member
Activity: 182
Merit: 100
I just realized that I have no idea what the largest Bitcoin purchase (in terms of fiat money) is.

I found this article here, but 500k USD is not really much - is that really the biggest Bitcoin purchase?

That might actually be the biggest purchase made with bitcoin, one has to discard all IPOs and ICOs or whatever, that didn't actually purchase anything real.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
A gold 1000 btc casascius coin was sold for 1 million USD.

That was buying some bitcoin, not buying with it, and it was paid for with gold and USD.

It would be interesting to see if someone like Bitpay has an upper limit on purchases you can make. There must be a point where they can't guarantee that they'll be able to put it through without losing out.

Ideally it wouldn't be converted back. That being a common occurrence will hopefully happen reasonably soon.
legendary
Activity: 1050
Merit: 1000
I know The Advantaged Yacht Charter and Sales has announced they accepted bitcoin back in 2013 some time. They have probably sold high end yachts for more than 500k.
http://www.theadvantaged.com/
legendary
Activity: 3066
Merit: 1757
A gold 1000 btc casascius coin was sold for 1 million USD.
legendary
Activity: 1554
Merit: 1021
I just realized that I have no idea what the largest Bitcoin purchase (in terms of fiat money) is.

I found this article here, but 500k USD is not really much - is that really the biggest Bitcoin purchase?
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