Bitcoin Forum

Economy => Currency exchange => Topic started by: Scooty Hash sr on September 22, 2018, 05:05:44 PM



Title: [WTS] looking for buyers willing to pay a premium
Post by: Scooty Hash sr on September 22, 2018, 05:05:44 PM
Hey guys. I am looking for buyers willing to pay a premium. Standard KYC, escrow, etc will be done. All safety measures the buyer is looking for will be considered - IOLTA, f2f, w/e. Basically any reasonable offer will be considered. My job is to waste your time if you are wasting mine =)


Title: Re: [WTS] looking for buyers willing to pay a premium
Post by: Edward95 on September 22, 2018, 09:09:39 PM
Hey guys. I am looking for buyers willing to pay a premium. Standard KYC, escrow, etc will be done. All safety measures the buyer is looking for will be considered - IOLTA, f2f, w/e. Basically any reasonable offer will be considered. My job is to waste your time if you are wasting mine =)

You're an idiot. No one is paying you a premium and kyc.  If someone willing to kyc they'll just go to an exchange and pay market rate


Title: Re: [WTS] looking for buyers willing to pay a premium
Post by: Scooty Hash sr on September 23, 2018, 01:08:11 AM
Remember, argument ad hominem is exclusively reserved for the loser of a debate. That is arguably the position of an idiot due to the lack of intellectual contributability.

Someone else that I know has sellers that demand a premium and every single seller gets filled. They aren't going to an exchange due to slippage. Why do you think they do OTC in the first place? Every single OTC exchange that executes requires some KYC. Literally. Every. Single. One. Roughly 0% of your points are correct.



Title: Re: [WTS] looking for buyers willing to pay a premium
Post by: Scooty Hash sr on September 23, 2018, 01:14:18 AM
It is probably worth mentioning that I am looking for an absolute minimum of $100k worth of btc for a potential transaction


Title: Re: [WTS] looking for buyers willing to pay a premium
Post by: eddie13 on September 23, 2018, 01:16:44 AM
They aren't going to an exchange due to slippage.

So you think that your liquidity is high enough to beat the exchange price even with your "premium"?
Such large trades that they will get a better deal at your premium as opposed to the slippage they would encounter at an exchange on top of spot rate?

How much premium % are you talking?
I would like to know so I can go calculate how much BTC would have to be traded with a market order in one slam to make your premium the better deal, because slippage..


Title: Re: [WTS] looking for buyers willing to pay a premium
Post by: Scooty Hash sr on September 23, 2018, 01:47:14 AM
The volume depends on the premium. Anywhere from up to somewhere around $300m at this moment. It depends on the premium, around 1 - 2%.