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Author Topic: Where, How to buy $100,000 (USD) of BTC in a day or two?  (Read 869 times)
altcointalk14 (OP)
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January 19, 2016, 10:14:06 AM
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Is this even possible?
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shorena
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January 19, 2016, 10:18:33 AM
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Is this even possible?

Why not? Transfer it to your favorite exchange, buy bitcoin, done.

You might influence the price slightly (~0.5% on bitstamp).

Im not really here, its just your imagination.
altcointalk14 (OP)
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January 19, 2016, 10:58:09 AM
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OK Thanks!,  So bitstamp does not have a daily limit?
shorena
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January 19, 2016, 12:25:53 PM
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OK Thanks!,  So bitstamp does not have a daily limit?

I dont know. I have never seen any statement that there are limits, but I also dont trade 100k worth of coins.

Im not really here, its just your imagination.
DeathProxyX
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January 19, 2016, 05:44:02 PM
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Well, with 0.5% movement he could to  run some arbitrage too  Wink

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Quickseller
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January 19, 2016, 11:14:45 PM
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Is this even possible?

Why not? Transfer it to your favorite exchange, buy bitcoin, done.

You might influence the price slightly (~0.5% on bitstamp).
You would probably want to transfer to the most liquid exchange that is reputable.

As it stands now, if you were to buy $100k worth of bitcoin, you would cause the price on bitstamp to rise 1.5%, but on average the price you will pay is 1.17% above the last price. If you were to buy $100k worth of bitcoin on bitfinex, it would cause the price to increase 0.77% and on average would pay 0.47% above the last price. If you would to buy 100k on coinbase then it would cause the price to rise about 2%, and I am not sure what your average price would be.

AFAIK there are no limits as to how much you can deposit at bitstamp and bitfinex, and you can have your limit on coinbase raised to pretty much however much money you have as long as you can show proof of funds, although your ACH deposit limit is not going to be raised above $10k per day
BTCjust
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January 20, 2016, 05:59:26 AM
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just about 255 BTC, so yes, you can do it, even on online exchange. but better do OTC trade, it's faster and more safe

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January 20, 2016, 07:49:34 AM
 #8

Is this even possible?

every thing is possible , you just have to register in exchange and buy the bitcoins and transfer the amount and get the btc in your wallet, it is upto you that what way you buy means in a one shot or slowly slowly because if the price goes down that time you should not feel sorry for that.

Their are so many exchanges where you can buy for more than $100,000 value of btc in single day.
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