Bitcoin Forum

Economy => Economics => Topic started by: upupup on June 25, 2014, 10:43:31 PM



Title: How much does bitcoins costs when buying outside the exchange?
Post by: upupup on June 25, 2014, 10:43:31 PM
hello,

what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: Skele on June 25, 2014, 11:18:02 PM

what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!

Well, i don't know what exchange are you talking about, there are many wich has many prices.

In localBitcoins you can find prices from 10-12% cheaper to 15-20% overpriced (based with average prices: Bitstamp, btc-e, coinbase).


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: dadugan on June 26, 2014, 01:45:01 AM
Exchange usually have the lowest price.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: wenben on June 26, 2014, 02:44:15 AM

what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!

Well, i don't know what exchange are you talking about, there are many wich has many prices.

In localBitcoins you can find prices from 10-12% cheaper to 15-20% overpriced (based with average prices: Bitstamp, btc-e, coinbase).


Localbitcoin usually carry premium. I have never seen discount.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: upupup on June 26, 2014, 06:33:59 AM
i dont know, i hear people saying that big traders buy bitcoins off the exchanges, so where is that? And how much do bitcoins cost then? Wondering if there is anybody with real life examples :)


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: ALToids on June 26, 2014, 06:39:51 AM
I have never seen localbitcoins ever go under exchange prices.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: delhi on June 26, 2014, 06:43:47 AM
i dont know, i hear people saying that big traders buy bitcoins off the exchanges, so where is that? And how much do bitcoins cost then? Wondering if there is anybody with real life examples :)
you can search in marketplace of this forum ;)


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: ALToids on June 26, 2014, 06:44:46 AM
i dont know, i hear people saying that big traders buy bitcoins off the exchanges, so where is that? And how much do bitcoins cost then? Wondering if there is anybody with real life examples :)

Those trades are large amounts like 1k to 100k coins at a time.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: odolvlobo on June 26, 2014, 06:05:27 PM
what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!
Well, i don't know what exchange are you talking about, there are many wich has many prices.
In localBitcoins you can find prices from 10-12% cheaper to 15-20% overpriced (based with average prices: Bitstamp, btc-e, coinbase).
Localbitcoin usually carry premium. I have never seen discount.

If you create your own ad, you can get bitcoins at a discount. But, then you have to wait for a seller to contact you, and with no rep it might be a while.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: PolarPoint on June 26, 2014, 06:29:00 PM
You can buy bitcoin from ATMs if there is one near where you live. These ATMs buy from an exchange and sell them to you with a 3%-5% fee. I am not sure if this is what you want, off exchange with no KYC verifications?


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: Ron~Popeil on June 26, 2014, 07:21:40 PM
Local bit coins is trading around 600 right now with the other exchanges around 570 or so. Buying through coin base takes a bit longer but is a good route to go. If you want anonymity local is probably your best bet.   


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: tooil on June 27, 2014, 01:14:37 AM
Most sellers on localbitcoin source their bitcoin from the main exchanges. Of course the price will be higher there.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: sukamasoto on June 27, 2014, 04:05:34 AM
You can buy bitcoin from ATMs if there is one near where you live. These ATMs buy from an exchange and sell them to you with a 3%-5% fee. I am not sure if this is what you want, off exchange with no KYC verifications?
is easier and cheaper to buy bitcoi of bitcoin available atm.?
whether bitcoin prices follow stock prices


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: maurya78 on June 27, 2014, 05:32:17 AM
Usually 3 to 5% higher in my experience


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: SirChiko on June 27, 2014, 05:39:09 AM
Exchange is the best option...otherwise i see prices around 5-7%


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: ShakyhandsBTCer on June 27, 2014, 10:10:47 PM
Most sellers on localbitcoin source their bitcoin from the main exchanges. Of course the price will be higher there.
the price on localbitcoin is linked directly to bitstamp (I think this is the one). Sellers make their price a percentage of the bitstamp price. Most are above the price, but there are a few that offer discounts


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: bitbaby on June 28, 2014, 04:59:38 AM
hello,

what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!

If you're looking to buy open a thread in the market place with your requirement and payment options and you will get tonnes of offers from people selling for prices lower than exchanges. The prices on localbitcoins is usually on the higher side in my experience and it is because the sellers their offer direct bank transfers to your account in your local currencies which saves the buyer a lot of hassle and extra fees.


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: moreia on June 28, 2014, 05:17:43 AM
as far as I know btc-e has the best price when buying bitcoins...if you can get your money there easily then do so and buy there.
In general though I usually see people offering to buy @ bitstamp + 3% or preev +4%


Title: Re: How much does bitcoins costs when buying outside the exchange?
Post by: DannyElfman on June 28, 2014, 10:59:59 PM

what are average prices when buying coins outside the exchange? +-%? I guess it depends on the amount, lets say i'm looking for 100 coins. M?
Thanks!

Well, i don't know what exchange are you talking about, there are many wich has many prices.

In localBitcoins you can find prices from 10-12% cheaper to 15-20% overpriced (based with average prices: Bitstamp, btc-e, coinbase).


Localbitcoin usually carry premium. I have never seen discount.
Traders will sometimes offer a discount if they want to get rid of their coins quickly. You can also make an offer to buy at a discount.