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Author Topic: [CLOSED] Buying Ripple in 10K batches for 0.10 BTC  (Read 955 times)
interlagos (OP)
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February 27, 2013, 12:59:12 PM
Last edit: May 28, 2013, 07:25:48 PM by interlagos
 #1

Here are the rules:

1) Post the amount of XRP you are willing to sell (in multiples of 10K)
2) Post your XRP originating address
3) Post your BTC receiving address (you'll get 0.10 BTC for every 10K XRP)

The price is subject to change depending on demand.
If demand is low, new price will be announced with new post in the thread and any posts before that will be honoured with the old price.

If you trust me, then you can send first to my XRP address below:
rsp9SHF1eUc5PSySCpB1C1dRtLHpoFffCN
I will fund your BTC address within 24 hours after your post (usually much faster when I'm at my computer).

If you don't trust me you can arrange an escrow with some of the mods on this forum in which case I will send BTC first.
Mod would need to post his receiving BTC address himself after receiving XRP from you.

The process will stop once either 1 Million XRP or March 10th 2013 is reached.
Any XRP I receive after that point will be refunded to their originating addresses within 24 hours after which any activity will stop.
I will be posting updates on how much progress has been made and when the finish line is reached.
You can either post your offers in the thread or PM me. I will be processing requests in batches every few hours.

Welcome!
interlagos (OP)
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February 27, 2013, 08:21:47 PM
 #2

The price was bumped to 0.15 BTC for 10k XRP to match current market offerings.
Also smaller batches are possible and negotiable.
alexkravets
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February 28, 2013, 12:25:08 AM
 #3

Don't time and effort on one-off transactions, simply use ripple itself to get fair market prices for your XRPs or BTCs or whatever.

I refer you to my guide post https://bitcointalk.org/index.php?topic=147231.0

Alex Kravets         http://twitter.com/alexkravets
notaek
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February 28, 2013, 03:04:01 AM
 #4

Hey, I have 40k ripples I'd be willing to trade for 0.6 BTC.


interlagos (OP)
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February 28, 2013, 07:50:10 AM
 #5

Don't time and effort on one-off transactions, simply use ripple itself to get fair market prices for your XRPs or BTCs or whatever.

I refer you to my guide post https://bitcointalk.org/index.php?topic=147231.0

Thanks. I guess that would be a proper way going forward as soon as all the bugs in the system are ironed out.

Hey, I have 40k ripples I'd be willing to trade for 0.6 BTC.

Thanks for your interest!
I sent you PM.
interlagos (OP)
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February 28, 2013, 08:04:10 PM
 #6

The price was bumped to 0.20 BTC for 10k XRP to match current market offerings.
This is a short-time offer. Welcome!
lampshad3
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February 28, 2013, 08:37:22 PM
 #7

I have 80k XRP i would be willing to trade for some BTC, by your exchange rate that would be 1.6 BTC, is this agreeable? PM me and we can hash out some details, gotta go out for now, but ill reply when i get back  Smiley
interlagos (OP)
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February 28, 2013, 09:10:48 PM
Last edit: March 03, 2013, 05:37:59 PM by interlagos
 #8

I have 80k XRP i would be willing to trade for some BTC, by your exchange rate that would be 1.6 BTC, is this agreeable? PM me and we can hash out some details, gotta go out for now, but ill reply when i get back  Smiley

Thanks for your interest! PM sent.

*******************

Progress update: 12% of 1M XRP reached!
Average buying price: 0.150 BTC for 10K XRP

About half of the rest of the way is covered by pending orders by users who are currently offline.
interlagos (OP)
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February 28, 2013, 11:15:14 PM
 #9

*******************

Progress update: 76% of 1M XRP reached!
Average buying price: 0.169 BTC for 10K XRP

New price for any posts and PMs after this point will be 0.17 BTC for 10K XRP.
Those who locked the deal at 0.20 can still proceed with the transfer and I will honour my part of the deal accordingly.

I might be willing to buy a bit over 1M XRP depending on the price.
lampshad3
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February 28, 2013, 11:46:08 PM
 #10

Trading completed, pleasure doing business with ya! Thanks for not being a scammer!  Smiley
interlagos (OP)
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February 28, 2013, 11:55:58 PM
 #11

Trading completed, pleasure doing business with ya! Thanks for not being a scammer!  Smiley

Thanks for your feedback!

*******************

Progress update: 82% of 1M XRP reached!
Average buying price: 0.171 BTC for 10K XRP

I'm still buying. You can quote in the thread or PM me.
interlagos (OP)
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March 01, 2013, 12:28:20 PM
 #12

*******************

Progress update: 110% of 1M XRP reached!
Average buying price: 0.173 BTC for 10K XRP

There is one pending order for 40K at 0.17 that I will honour if there is a response within next 24 hours.
Other than that I have reached the desired limit and now decreasing the price to 0.10 BTC per 10K XRP

At this point the original contract in OP is expired and any new orders need to be negotiated separately.

I must say that I haven't traded in person before and it was fun and refreshing experience!
Hope everyone enjoyed the ride!
Take care.
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