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Title: Wanted: Long-term BTC purchase contract with mining company Post by: getbitcoin on October 10, 2011, 02:36:15 AM Hey all. We are looking for a long-term contract with a Bitcoin mining company, to purchase BTC using USD. We seek to purchase $1,000 USD worth of Bitcoin daily, including Sundays and holidays, to continue indefinitely, with the price for each day's purchase determined by the last MtGox price at 12:30:00 UTC of that day. Payment will be via Dwolla, and the money shall be sent daily no later than 16:00 UTC, with the Bitcoins being delivered to us no later than 20:00 UTC. The contract shall be cancelable by either party on demand, with 24 hours' notice.
By selling Bitcoin directly to us, you will save a huge amount of money by avoiding exchange fees, as well as what's known as "market impact (http://en.wikipedia.org/wiki/Market_impact)" - at 0.5% apiece, you'll save some $4,000 USD over a year's worth of mining. If you're interested, please both reply to this thread and contact us at admin@get-bitcoin.com. Serious inquiries from established players only! Title: Re: Wanted: Long-term BTC purchase contract with mining company Post by: NetTecture on October 10, 2011, 04:18:07 AM Jusstas a note - your payment timeplines are not realistic. Mining perations ar not run by businesses, you will find a problem with someone dwealing with this daily on a constant basic. People like taking a day off sometimes.
Title: Re: Wanted: Long-term BTC purchase contract with mining company Post by: Meni Rosenfeld on October 10, 2011, 05:09:49 AM Vladimir (https://bitcointalk.org/index.php?action=profile;u=3380) and ArtForz (https://bitcointalk.org/index.php?action=profile;u=584) are probably the only ones dealing with that kind of volume (if at all). But I don't know if they'll want to sell at that price.
Title: Re: Wanted: Long-term BTC purchase contract with mining company Post by: kirax on October 10, 2011, 05:18:11 AM Jusstas a note - your payment timeplines are not realistic. Mining perations ar not run by businesses, you will find a problem with someone dwealing with this daily on a constant basic. People like taking a day off sometimes. These payment timelines would be fairly clearly based on automation, or else I guess someone with way too much time on their hands. I don't have this sort of capacity, sadly. Title: Re: Wanted: Long-term BTC purchase contract with mining company Post by: Vladimir on October 16, 2011, 02:47:44 PM Vladimir (https://bitcointalk.org/index.php?action=profile;u=3380) and ArtForz (https://bitcointalk.org/index.php?action=profile;u=584) are probably the only ones dealing with that kind of volume (if at all). But I don't know if they'll want to sell at that price. Getbitcoin, you can ask ArtForz or buy it on exchanges. I sell Ghps, I do not sell bitcoins surely not at this price, surely not on daily basis. Long term contracts with 24 hour cancellation are not something that makes sense for me, unfortunately. What you are asking is at the time 500 Ghps worth of mining capacity. It is going to cost pretty penny and it is going to require a half year cancellation notice not few hours. If price of mining contracts seems too high you just gotta go and buy on exchanges or privately and make "market impact". Title: Re: Wanted: Long-term BTC purchase contract with mining company Post by: deslok on October 16, 2011, 06:16:45 PM Vladimir (https://bitcointalk.org/index.php?action=profile;u=3380) and ArtForz (https://bitcointalk.org/index.php?action=profile;u=584) are probably the only ones dealing with that kind of volume (if at all). But I don't know if they'll want to sell at that price. No single mining company that i'm aware of has that kind of capacity, that's ~250btc/day at current rate which would call for roughly 350-400 gh worth of capacity |