Bitcoin Forum
May 27, 2024, 02:31:24 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: "The Finders" A Finders Fee Group  (Read 173 times)
mrquackquack (OP)
Member
**
Offline Offline

Activity: 1134
Merit: 10


View Profile
January 23, 2020, 02:57:11 AM
 #1

This is a new group for people offering "FINDERS FEES". What this entails is.. Here is an example- Timmy wants to sell his Bitcoin.Timmy puts a 5% "FINDERS FEE" to anyone who can find Timmy a buyer for his Bitcoin. Please post applicable messages only here. Thanks again.
Bitcoinmeetups.org
Hero Member
*****
Offline Offline

Activity: 976
Merit: 1002


Bitcoinmeetups.org


View Profile WWW
January 23, 2020, 05:47:27 AM
 #2

I have tried to make similar threads in the past but usually they just disappear after a while because there are so many posts on bitcointalk.org

Bitcoinmeetups.org: Writing, Blockchain and AI Project Development.
Telegram: Apply to join us here: https://t.me/joinchat/KU7ltBBaG59499AJ0Az4nw
Web: http://www.bitcoinmeetups.org
mrquackquack (OP)
Member
**
Offline Offline

Activity: 1134
Merit: 10


View Profile
January 23, 2020, 06:28:33 AM
 #3

Well it's a novel idea, some people may be interested and if you offer an incentive it might reach more people. People like incentives.
buwaytress
Legendary
*
Online Online

Activity: 2814
Merit: 3480


Join the world-leading crypto sportsbook NOW!


View Profile
January 23, 2020, 02:09:43 PM
 #4

Forgive me for possibly making this more complicated than it already is but why would Timmy need help finding a buyer if he can't already sell it p2p? Am I missing something in this idea that has been tried but never taken off? Possibly someone trying to sell above market price? If so, am trying to imagine who'd buy it at that market price.

Why not just sell 2% below market at P2P and save on the finder's fee?

No intention to troll at all. Trying to understand why I'd do this (I LBC most of my bitcoin).

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
akamit
Hero Member
*****
Offline Offline

Activity: 1484
Merit: 595


View Profile
January 23, 2020, 03:46:40 PM
 #5

Forgive me for possibly making this more complicated than it already is but why would Timmy need help finding a buyer if he can't already sell it p2p? Am I missing something in this idea that has been tried but never taken off? Possibly someone trying to sell above market price? If so, am trying to imagine who'd buy it at that market price.

Why not just sell 2% below market at P2P and save on the finder's fee?

No intention to troll at all. Trying to understand why I'd do this (I LBC most of my bitcoin).

Most probably this method is meant to be for the privacy issue, as the KYC is mandatory in most platforms.
Another reason could be, for those peoples who move large amounts, maybe corporates, maybe terrorists or maybe money launderers those who need more & more privacy... not sure tho.

There is LocalCryptos to avoid KYC but I guess volume could be an issue.
Oilacris
Hero Member
*****
Offline Offline

Activity: 3038
Merit: 616


Seabet.io | Crypto-Casino


View Profile
January 23, 2020, 04:30:09 PM
 #6

Forgive me for possibly making this more complicated than it already is but why would Timmy need help finding a buyer if he can't already sell it p2p? Am I missing something in this idea that has been tried but never taken off? Possibly someone trying to sell above market price? If so, am trying to imagine who'd buy it at that market price.

Why not just sell 2% below market at P2P and save on the finder's fee?

No intention to troll at all. Trying to understand why I'd do this (I LBC most of my bitcoin).

Most probably this method is meant to be for the privacy issue, as the KYC is mandatory in most platforms.
Another reason could be, for those peoples who move large amounts, maybe corporates, maybe terrorists or maybe money launderers those who need more & more privacy... not sure tho.

There is LocalCryptos to avoid KYC but I guess volume could be an issue.
Thats definitely the reason why would other people would really be interested into this idea.Just like on my local board where you do have finders fee
if you do able to find some buyers of said sellers. They've done it thru p2p transaction and of course that would be on lower than on market price
and usually these kind of transactions are for bulk ones.

buwaytress
Legendary
*
Online Online

Activity: 2814
Merit: 3480


Join the world-leading crypto sportsbook NOW!


View Profile
January 24, 2020, 01:52:55 PM
 #7

Most probably this method is meant to be for the privacy issue, as the KYC is mandatory in most platforms.
Another reason could be, for those peoples who move large amounts, maybe corporates, maybe terrorists or maybe money launderers those who need more & more privacy... not sure tho.

There is LocalCryptos to avoid KYC but I guess volume could be an issue.
Thats definitely the reason why would other people would really be interested into this idea.Just like on my local board where you do have finders fee
if you do able to find some buyers of said sellers. They've done it thru p2p transaction and of course that would be on lower than on market price
and usually these kind of transactions are for bulk ones.

To my understanding, those who want major volumes at rates under the market go established OTC -- trusted custodials with a reputation and even insurance. I can't see them coming here to look for a lot of unknown variables and discuss such transactions in a public space.

Much less so if KYC's a concern for them. They'd definitely just seek out an offshore OTC via a trustee. OR just go Bisq and the like, P2P with escrow and no KYC. Volume is an issue solvable very quickly if price is below market.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!