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Author Topic: Is it possible to buy really large BTC amounts?  (Read 9132 times)
StarofBTC
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September 28, 2016, 12:51:37 PM
 #81

Yes it is possible to buy a large amount of bitcoin. And depending on where you're buying it because of the large investment bitcoin when you also earn big time if increase the price. Luckily those afford to buy large amounts of bitcoin for their big profits.
I believe with localbitcoins and through person to person trade, we will be able to buy large amount of bitcoins at single time.

The risk must be always there. But you are dealing in person, you might get chances to solve your risks in appropriate way, like getting small amounts and paying for them. It must be effective way as there won't be any big transaction fees for many small trades.
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September 28, 2016, 01:05:34 PM
 #82

Of course you can as long as you have someone that can sell you that large amount of bitcoin. But I think it is hard to find someone that will going to sell you that large amount of bitcoin since most of the bitcoin users are saving their bitcoins and waiting for it's price to go high again for them to earn more profit that's why it's gonna hard for you to find that someone especially the price of bitcoin right now is too low. They can't afford to sell their bitcoin without getting any big profits from it.
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September 28, 2016, 08:10:07 PM
 #83

If I would buy a large amount of bitcoins I would arrange someone from localbitcoins because its safe got feedback on the website plus you can meet in person with the dealer.
You can even talk about the fee's and be sure everything will be good and okay.


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September 28, 2016, 09:50:55 PM
 #84

It is always possible as long as you have the money yo buy bitcoins, you can easily deposit your fiat to a certain trading site and buy bitcoins. I think that is just very simple and you do not need to complicate things out.

I think for the Op it will be complicated because of the deposit from his bank account as the banks often creates issues relating to that matter. especially in backward and third class countries where a low qualified banks work.

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September 29, 2016, 02:35:25 AM
 #85

You may look a little sus if you buy tons of bitcoin at once, especially if it's in one big transaction on the blockchain. You might get the police knocking on your door. Buy in small amounts.

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September 29, 2016, 03:13:52 AM
 #86

Of course it is possible. From personal experience you can buy tens of thousands from single sellers at places like localbitcoin, otherwise you could buy it through big exchanges like coinbase. I think any trades over $10,000 daily have to be registered with tax authorities but most transactions will probably be required to be logged for government agencies somewhere.
Like he said yes a large amounts of bitcoin can be bought but finding a seller selling a large chunk of bitcoin at once is very difficult alot of people claiming that they are selling a large amount of btc might be scamming. The best place would be localbitcoins from a very trusted seller. And I'm not sure about the tax authorities most likely it will depend upon your country.
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September 29, 2016, 08:17:57 AM
 #87

Yes it is very possible. We can buy bitcoin in large quantities because to my knowledge there is no maximum number in bitcoin. So that we can buy and store whatever and as much as any

The problem is not the amount of bitcoin you can carry and yes there is a maximum number in bitcoin but anyways that's not the case. The problem is that resellers will probably not just sell you a thousand coins at once without some verification.
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September 29, 2016, 08:58:05 AM
 #88

You may look a little sus if you buy tons of bitcoin at once, especially if it's in one big transaction on the blockchain. You might get the police knocking on your door. Buy in small amounts.

Hmm police can't really knock on your door for that though but if I'd buy a large amount i would atleast have your reasons ready and a explanation how you got that money cause that's usually what they start to ask you how you got that amount of money etc etc.
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September 29, 2016, 09:11:57 AM
 #89

You may look a little sus if you buy tons of bitcoin at once, especially if it's in one big transaction on the blockchain. You might get the police knocking on your door. Buy in small amounts.

Hmm police can't really knock on your door for that though but if I'd buy a large amount i would atleast have your reasons ready and a explanation how you got that money cause that's usually what they start to ask you how you got that amount of money etc etc.
sometimes if you're going to make a transaction through your banks especially a large amount you will need the government permit but if you don't and still doing that maybe you will be interogated by the police as soon as they will come to your house,government always monitoring every citizens bank transaction

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September 29, 2016, 09:26:08 AM
 #90

Depending on where you buy it though I can imagine if you buy alot of bitcoin at once they will need verification cause they can't afford any mistakes to lose such a big amount. Also the authorities might question you why you need that many bitcoin.
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September 29, 2016, 01:06:31 PM
 #91

Yes there are some options but I think it than has to be done in real life otherwise its never gonna succeed.
Buying large amounts can be done with the localbitcoin dealers as a example.
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September 29, 2016, 03:31:54 PM
 #92

I suppose it may be possible depending on the amount of bitcoins the exchange has. I don't think that you should buy large amount of BTC though, because even though bitcoin is stable now, it may not be in the future.
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September 29, 2016, 05:10:51 PM
 #93

I suppose it may be possible depending on the amount of bitcoins the exchange has. I don't think that you should buy large amount of BTC though, because even though bitcoin is stable now, it may not be in the future.

local Exchange certainly has a lot of bitcoin, just like at my local Exchange is easy to buy large amounts of bitcoin.
you have to support anyone who would buy the bitcoin in large amounts, it's good to make the price increases. It does not matter if the price is stable. because the current price is still relatively inexpensive, compared to the future prices will be higher.

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September 29, 2016, 07:26:37 PM
 #94

Yes there are some options but I think it than has to be done in real life otherwise its never gonna succeed.
Buying large amounts can be done with the localbitcoin dealers as a example.

How can it not succeed??  You having money and in an exchange with lots of Bitcoin sellers?  If you have  money you can buy as much bitcoin as  you want as long as your money accommodate the price needed to buy them.  Just visit trusted exchanges that have BTC/USD  trading pair and you are good.

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September 30, 2016, 07:28:39 PM
 #95

Yes you can buy bitcoin in large amount and its depend on you that how much bitcoin to buy you can afford and there is no limit on bitcoin so you can buy bitcoin in largest amount easily and i recommend that present price is very much good to buy bitcoin in huge amount because bitcoin price will be going to double in the near future so buy bitcoin and then hold it for the future .
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September 30, 2016, 08:15:12 PM
 #96

Yes you can buy bitcoin in large amount and its depend on you that how much bitcoin to buy you can afford and there is no limit on bitcoin so you can buy bitcoin in largest amount easily and i recommend that present price is very much good to buy bitcoin in huge amount because bitcoin price will be going to double in the near future so buy bitcoin and then hold it for the future .

You can indeed do this and you are right about this but the fact is also that the most sellers do not have such a large stock due to that its also difficult to succeed with buying from one dealer with large amounts.
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September 30, 2016, 08:26:46 PM
 #97

Yes you can buy bitcoin in large amount and its depend on you that how much bitcoin to buy you can afford and there is no limit on bitcoin so you can buy bitcoin in largest amount easily and i recommend that present price is very much good to buy bitcoin in huge amount because bitcoin price will be going to double in the near future so buy bitcoin and then hold it for the future .
you are right that we can buy bitcoin in any amount its depend on our balance if we can afford to buy bitcoin in any amount then its possible for us and you are right that its right time to buy bitcoin because i also hope that price will be sooner go to rise up in future.
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September 30, 2016, 09:09:36 PM
 #98

Yes you can buy bitcoin in large amount and its depend on you that how much bitcoin to buy you can afford and there is no limit on bitcoin so you can buy bitcoin in largest amount easily and i recommend that present price is very much good to buy bitcoin in huge amount because bitcoin price will be going to double in the near future so buy bitcoin and then hold it for the future .

You can indeed do this and you are right about this but the fact is also that the most sellers do not have such a large stock due to that its also difficult to succeed with buying from one dealer with large amounts.

Well honestly we don't know or we are not 100% sure that the price will increase more if he buys bitcoins right now.
But it is good that you have already bitcoin if the price of bitcoin will increase soon you can make a good profit if you buy lots of bitcoin..

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September 30, 2016, 09:24:40 PM
 #99

Yes you can buy bitcoin in large amount and its depend on you that how much bitcoin to buy you can afford and there is no limit on bitcoin so you can buy bitcoin in largest amount easily and i recommend that present price is very much good to buy bitcoin in huge amount because bitcoin price will be going to double in the near future so buy bitcoin and then hold it for the future .

I agree with you, buying nowadays could really be profitable for the long term holders. But its not easy to find sellers with large Btc amounts, may be its better then to buy from more than a seller
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September 30, 2016, 09:33:25 PM
 #100

Its possible to buy large BTC amounts if you have the budget to buy this, but may be if you re looking for really big number of Bitcoins you need to buy from more than a seller
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