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Title: buying bitcoins in bulk Post by: azzy01 on February 13, 2018, 03:55:45 AM i am newbie ,and i want to know what is exactly process of buying bitcoins in bulk ? person to person
Title: Re: buying bitcoins in bulk Post by: wiser on February 13, 2018, 03:59:15 AM The only instance in which I've heard of bulk Bitcoin sales was when the US Government confiscated a bunch of BTC from raiding an operation such as Silk Road. Then they put the BTC up for auction. The minimum purchase amount was $100,000. You had to register ahead of time and all that.
Title: Re: buying bitcoins in bulk Post by: Potato Chips on February 14, 2018, 08:32:41 AM Buying a large amount of bitcoin in person will be difficult :'( But you might wanna try:
Try looking at https://localbitcoins.com - Just pick "In person" --> "Cash" category or here in the forum at Currency Exchange (https://bitcointalk.org/index.php?board=53.0) - try asking if someone's near at your place This will of course depends on how "bulk" are you going to buy since there's always a limit on how much a seller can offer, you can solve this by simply transacting with 1 or 3+ sellers (depends on what you need). Title: Re: buying bitcoins in bulk Post by: mk4 on February 14, 2018, 10:17:11 AM If you want to purchase person-to-person(p2p), then localbitcoins[1] is the best choice in my opinion. Just create an account, select your country/city, then you can view the offers from there, or you can set your own offers if you didn't like the prices. One advantage of this is that you can purchase and sell bitcoin using cash. That likely prevents problems with banks, taxes, and stuff.
[1] https://localbitcoins.com/ Title: Re: buying bitcoins in bulk Post by: EricExxo on February 14, 2018, 10:20:01 AM Buying a large amount of bitcoin in person will be difficult :'( But you might wanna try: Try looking at https://localbitcoins.com - Just pick "In person" --> "Cash" category or here in the forum at Currency Exchange (https://bitcointalk.org/index.php?board=53.0) - try asking if someone's near at your place This will of course depends on how "bulk" are you going to buy since there's always a limit on how much a seller can offer, you can solve this by simply transacting with 1 or 3+ sellers (depends on what you need). The best way to do it and not to get screw is to buy small batches every day. Title: Re: buying bitcoins in bulk Post by: Jet Cash on February 14, 2018, 10:55:19 AM Binary Financial will help you, but their minimum order value is $500,000.
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