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Author Topic: [WTS] looking for buyers willing to pay a premium  (Read 129 times)
Scooty Hash sr (OP)
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September 22, 2018, 05:05:44 PM
 #1

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 =)
Edward95
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September 22, 2018, 09:09:39 PM
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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
Scooty Hash sr (OP)
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September 23, 2018, 01:08:11 AM
 #3

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.

Scooty Hash sr (OP)
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September 23, 2018, 01:14:18 AM
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It is probably worth mentioning that I am looking for an absolute minimum of $100k worth of btc for a potential transaction
eddie13
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September 23, 2018, 01:16:44 AM
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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..

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Scooty Hash sr (OP)
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September 23, 2018, 01:47:14 AM
 #6

The volume depends on the premium. Anywhere from up to somewhere around $300m at this moment. It depends on the premium, around 1 - 2%.
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