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Author Topic: What's the largest Bitcoin purchase so far?  (Read 537 times)
chmod755 (OP)
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May 02, 2015, 06:15:43 PM
 #1

I just realized that I have no idea what the largest Bitcoin purchase (in terms of fiat money) is.

I found this article here, but 500k USD is not really much - is that really the biggest Bitcoin purchase?

Lesbian Cow
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May 02, 2015, 06:21:36 PM
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A gold 1000 btc casascius coin was sold for 1 million USD.

To err is human, to moo is bovine

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CrackedLogic
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May 02, 2015, 06:25:36 PM
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I know The Advantaged Yacht Charter and Sales has announced they accepted bitcoin back in 2013 some time. They have probably sold high end yachts for more than 500k.
http://www.theadvantaged.com/

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
gentlemand
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May 02, 2015, 06:28:12 PM
 #4

A gold 1000 btc casascius coin was sold for 1 million USD.

That was buying some bitcoin, not buying with it, and it was paid for with gold and USD.

It would be interesting to see if someone like Bitpay has an upper limit on purchases you can make. There must be a point where they can't guarantee that they'll be able to put it through without losing out.

Ideally it wouldn't be converted back. That being a common occurrence will hopefully happen reasonably soon.
L
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May 02, 2015, 06:31:37 PM
 #5

I just realized that I have no idea what the largest Bitcoin purchase (in terms of fiat money) is.

I found this article here, but 500k USD is not really much - is that really the biggest Bitcoin purchase?

That might actually be the biggest purchase made with bitcoin, one has to discard all IPOs and ICOs or whatever, that didn't actually purchase anything real.
gentlemand
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May 02, 2015, 06:34:39 PM
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Oh yeah, and Satoshi Dice was sold for 126,000 BTC, the equivalent of about $10 mil at the time. 

https://bitcointalk.org/index.php?topic=101902.msg2751536#msg2751536

A purchase indeed, but not a tangible object in the same way.
L
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May 02, 2015, 06:45:56 PM
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Oh yeah, and Satoshi Dice was sold for 126,000 BTC, the equivalent of about $10 mil at the time. 

https://bitcointalk.org/index.php?topic=101902.msg2751536#msg2751536

A purchase indeed, but not a tangible object in the same way.

Forgot that one, yap, that might be the biggest one.
S4VV4S
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May 02, 2015, 08:13:33 PM
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What about those million dollar purchases that mining company did from KNC Butterfly Labs?
The one that I heard was bogus, it was just BFL washing coins from their mining operation with customers miners.
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