Topic: Where can I buy 50 Bitcoins below market value? - page 2. (Read 1250 times)
Yes you can, but you should be very very careful. You can find someone from forum and they can offer you a good price. But i strictly recommend you to use escrow.
I can recommend platform such as Luno. Sometimes the price are way cheaper compare to the current exchange at times, as well as their fees are very low. I've used it and its very easy to understand for beginners!
You also can buy tainted bitcoin (comes from darkweb/illegal usage), but i don't see people sell these coins these days and obviously it's very risky. Find people who don't bother to use exchange also an option, but it's not easy to find this kind of people.
Tainted bitcoin availability might be found, but the same seems to be highly risk involved. At present people or any of the traders won't sell bitcoin below the market value. Maybe the users who are into plans of ending up bitcoin usage could sell it for lesser value than the market.
How much under market? I'm trying to figure out who would do this...
Also 50 BTC is a lot
Also 50 BTC is a lot
Thank you all for your answers. Very informative and highly appreciated. Everything you have said has been taken onboard. Thank you again.
There's an argument for saying that one would have to pay more (above market) for 50 BTC in one shot... A sort-of relevant example is that HUGE gold buyers (say, 50 tonnes and up -- that's millions of dollars) reportedly have to pay a BIG premium for real-live physical gold.
How many have 50 BTC? Not a whole hell of a lot of people. And almost all of them are likely to HODL even longer, and make the really big gains...
You also can buy tainted bitcoin (comes from darkweb/illegal usage), but i don't see people sell these coins these days and obviously it's very risky. Find people who don't bother to use exchange also an option, but it's not easy to find this kind of people.
Thank you all for your answers. Very informative and highly appreciated. Everything you have said has been taken onboard. Thank you again.
I would not recommend buying $200 000 worth of bitcoins on Localbitcoin, if you do not have a trust relationship with the
person you are buying from or if you are going to trade in a secure location. {preferably in a area where there are CCTV or
with a group of people at your side as backup} ....We do some pretty big deals at our local Bitcoin meetups, but then we
built a trust relationship with the people we are trading with. {you see them every week and you know where they live and
who their families are}
person you are buying from or if you are going to trade in a secure location. {preferably in a area where there are CCTV or
with a group of people at your side as backup} ....We do some pretty big deals at our local Bitcoin meetups, but then we
built a trust relationship with the people we are trading with. {you see them every week and you know where they live and
who their families are}
I am looking to buy 50 bitcoins below market value. Does any know if this is possible and can give me some direction as to where to go please?
It is hard to find someone to sell you 50bitcoin even at the same price with the market. You are not going to find such a big amount below market value. There are a lot of peoples who sell their bitcoin with 5% or 10% below market price but hey sell only small amounts , I think maximum 1 bitcoin if they need urgent money. Be careful at website that promise you to offer bitcoin at a low price because most of them are scam. There is no profit in it so it means they give free bitcoins( wich seems ridiculous).
You can try to make contact on localbitcoins.com and negotiate to buy at undervaluated price.
Localbitcoins usually sell at a Premium to the exchanges, because they experience the risk of people swindling them (doing chargebacks once they've received coins and whatnot).
The only people selling at a discount would be miners who don't have access to an exchange - so perhaps Veneuelan miners or perhaps Chinese miners after 30th September.
Well in the market you wont find anyone selling it for lower than the value, because every holder knows that BTC have a lot of potential, and will grow high after some years. As the other users said, maybe talking with people in localbitcoins, other exchangers you might find out some sellers who might sell them at a lower price, because they are in need for mother.
I am looking to buy 50 bitcoins below market value. Does any know if this is possible and can give me some direction as to where to go please?
hard to find people who sell prices below the market. and it is very vulnerable to fraud. Believe it or not. be careful.
I could see someone willing to sell below market to keep a large transaction like this off the books. More so this then an act of desperation.
what I see to do that and avoid from any scammers out there is to buy it at trusted exchanges, Bitcoin is very volatile, you can wait for a price Dips that would make like " below market value" then buy.
I think it not very easy, why not people having such a mount of BTC to sell them on an exchange. But if the holder is in a country that BTC trade is completely forbidden, he may sell them to you.
It will give hard time finding one. Who wants to sell their bitcoin in a lower value than the maket price? You can try localbitcoins.com and try to find one. But be careful of scammers because there's so many scammers there. I suggest visit all exchanges and compare bitcoin price on each exchanges. If you see a cheaper one, then buy some. I think that is way more safer than buying cheap bitcoin to unknown and not reputable individuals. I consider that as a shady business because as i said, who wants to sell their bitcoin for a lower price? Lower than the market price. Better use exchanges since the volume you want to buy is no joke.
You can try to make contact on localbitcoins.com and negotiate to buy at undervaluated price.
I agree, only localbitcoins also what I know where you can transact person to person and you can negotiate. Also you can buy from person you know but not to any starnger where scamming and fraud is common now. Be careful.
From what i've seen on local bitcoisn the prices are usually above. Anyone selling 50 BTC below market value would seem suspect to me. Whats stopping them from deposit 50 btc into exchange and cashing out. Its not like 50 btc will crash market.
I am looking to buy 50 bitcoins below market value. Does any know if this is possible and can give me some direction as to where to go please?
If you will buy in a website it will be hard for you to find. You need to find a people whos in rush in selling his coins for you to have a discount if you buy in a bulk. I dont know if there are black market that sell bitcoin in a low price.
You can try to make contact on localbitcoins.com and negotiate to buy at undervaluated price.
I agree, only localbitcoins also what I know where you can transact person to person and you can negotiate. Also you can buy from person you know but not to any starnger where scamming and fraud is common now. Be careful.
you have to find someone who is willing to sell his coins to you below the market value. probably someone who is desperate for the money and without any way of selling his coins otherwise.
in other words you have to look off-the-market.
for example if you have a localbitcoins account you can place some orders there. you can also place your offer on this forum in currency exchange board.
but don't get your hopes up. it is rare occasion.
ps. if you found some website promising to sell bitcoin at lower price, RUN AWAY it is scam with the chance of 99.99%.
in other words you have to look off-the-market.
for example if you have a localbitcoins account you can place some orders there. you can also place your offer on this forum in currency exchange board.
but don't get your hopes up. it is rare occasion.
ps. if you found some website promising to sell bitcoin at lower price, RUN AWAY it is scam with the chance of 99.99%.
Localbitcoins it the place to get bitcoin below market value but you can never make sure you get scammed. Many users reported there are scammers in localbitcoins website trying to make fraud.
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