fasdorcas
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December 27, 2016, 07:49:12 AM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks.
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BitcoinPC
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December 27, 2016, 10:57:47 AM |
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Actually, last time i bought 10 to 12 bitcoin from trust able exchange before the halving. But now i have been sold them, and still i have not bought a big amount of bitcoins since when. But i think it has no problem to buy a big amount of bitcoins, only need to think to be-careful about the exchange, where you want to buy the bitcoins.
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Sled
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December 27, 2016, 11:46:31 AM |
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Yes it is possible to buy bitcoin any amount you want even if it is 1000 pieces of bitcoin then you can still buy that massive amount but make sure that you will take care of your money because those big number of bitcoins worth a lot of fiat so if i were you i will just buy on the sites that have good feedbacks from their costumers to assure its legitness.
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Fatanut
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December 28, 2016, 07:34:53 AM |
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Actually, last time i bought 10 to 12 bitcoin from trust able exchange before the halving. But now i have been sold them, and still i have not bought a big amount of bitcoins since when. But i think it has no problem to buy a big amount of bitcoins, only need to think to be-careful about the exchange, where you want to buy the bitcoins.
I think by "large BTC amounts" the OP meant, like, thousands of them. 10 BTC is nothing compared to how much the whales hold. I might be large for us because we're an average guy but for rich people 10 BTC is a really small amount of money. OP is actually asking about a million dollar worth of bitcoin. That's more than a thousand of bitcoins.
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Gameroid
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December 28, 2016, 08:01:44 AM |
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Actually, last time i bought 10 to 12 bitcoin from trust able exchange before the halving. But now i have been sold them, and still i have not bought a big amount of bitcoins since when. But i think it has no problem to buy a big amount of bitcoins, only need to think to be-careful about the exchange, where you want to buy the bitcoins.
yes that is necessary to use a trust able exchange for buying bitcoin and specially if you are going to buy a big amount, as it depend on you that how much bitcoin you can afford to buy. there is no restriction on buying any amount of bitcoin .
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whizter
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December 29, 2016, 10:01:34 PM Last edit: January 01, 2017, 07:52:16 AM by whizter |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. yes there is no restriction for buying bitcoin, you have the right to buy bitcoin as more as you can, there is no limit of bitcoin, i think bitcoin price is so high that it is really difficult to afford some more bitcoins.
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Kevin77
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December 30, 2016, 04:38:42 PM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. yes there is no retraction for buying bitcoin, you have the right to buy bitcoin as more as you can, there is no limit of bitcoin, i think bitcoin price is so high that it is really difficult to afford some more bitcoins. But there are some restrictions on buying bitcoin in few exchanges especially when we deal in huge sum of dollar value, they will demand ID when buying a large amount of bitcoin. It is a good thing though that way they can track down where the money goes so they don’t get into the wrong hands and get bad reputation for bitcoin, but if you want to buy 1btc even a 10-year-old could buy it.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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December 30, 2016, 04:51:50 PM |
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It is a matter of trust, There are many people who buy it like that but only with the most trusted trader. Most of the exchanges will ask for ID proof when you want to do transactions that big, you can proceed if you are buying legit way.
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equator
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December 30, 2016, 04:58:50 PM |
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It is a matter of trust, There are many people who buy it like that but only with the most trusted trader. Most of the exchanges will ask for ID proof when you want to do transactions that big, you can proceed if you are buying legit way. Like what you are telling about matter of trust to give ID proof to the exchanges to buy bulk quantity of bitcoins, then it should be more cautiously do transaction in exchanges with this huge of buying as some of the exchanges can block the account after they get enough fiat currency . So it is always to use a reputed exchange where high transaction are going on.
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digaran
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🖤😏
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December 30, 2016, 05:01:22 PM |
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No one will sell large amounts with a fixed price and if you decide to buy from several exchanges you'll end up increasing the price overall for bitcoin remember that only trading on exchanges is the factor for the price fluctuation and if people start to trade bitcoins in bulk with fixed price then we wouldn't seen these past few days increase. And the same fluctuation indicates that bitcoin isn't controlled just by a few individuals and actually many people are doing trades and setting buy and sell orders of their choice means no manipulation.
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🖤😏
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naidray
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December 31, 2016, 08:59:04 PM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. Yes that is right there is no ban on the amount to bitcoin to buy, if you have the potential you can even buy all the available amount of bitcoin in the market, it depend on the amount you have to buy bitcoin with, there is no limit for buying bitcoin, but if your pocket allow you.
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ayesha98220
Member
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December 31, 2016, 09:50:52 PM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. Yes or we can also buy from localbitcoins since there is in built escrow and hence no chance of scam plus we can meet the person in real life and pay him and hence very easy really. Though i never tried myself trading this way yet.
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wuvdoll
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January 01, 2017, 07:06:38 PM |
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Actually, last time i bought 10 to 12 bitcoin from trust able exchange before the halving. But now i have been sold them, and still i have not bought a big amount of bitcoins since when. But i think it has no problem to buy a big amount of bitcoins, only need to think to be-careful about the exchange, where you want to buy the bitcoins.
yes that is necessary to use a trust able exchange for buying bitcoin and specially if you are going to buy a big amount, as it depend on you that how much bitcoin you can afford to buy. there is no restriction on buying any amount of bitcoin . Even if you have the enough money to buy a large amount of btc it is still very hard to find a good supplier that is willing to give that amount, the only way you can do that is by buying for different exchanges and then summing up to save them securely, but still it is not a very profitable way to do so because they sell at a high price.
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KingdomHearts
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January 06, 2017, 08:16:37 PM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. Yes or we can also buy from localbitcoins since there is in built escrow and hence no chance of scam plus we can meet the person in real life and pay him and hence very easy really. Though i never tried myself trading this way yet. yeah its possible form localbitcoins exchange and i think localbitcoins is much more trusted exchange you should never face to any problem like as scam or other problem and you are right that trade with localbitcoins is much more easy.
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bitbob82
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January 06, 2017, 10:22:35 PM |
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you could purchase large quantity of bitcoins from any exchanges ,the only issue you would face is it is mandatory to verify the identity if you are purchasing large amount of coins and most exchanges have a daily limit of $50000 worth of coins
you are right that you can buy bitcoin from any trusted exchange in how any amount if you can afford and there is no ban to buy bitcoin in huge amount its all depend on your balance and i think now you can buy bitcoin with good price because bitcoin will be more increase its price in to few weeks. Yes or we can also buy from localbitcoins since there is in built escrow and hence no chance of scam plus we can meet the person in real life and pay him and hence very easy really. Though i never tried myself trading this way yet. yes i think there is not such law in our country through which you can buy limited amount of bitcoin, i think it depend on the amount of money you have if you have some more amount of my in your pocket as there is no restriction on buying bitcoins.
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Legobit
Newbie
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Activity: 14
Merit: 4
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January 07, 2017, 01:37:05 PM |
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Sometimes I prefer to buy bitcoins via exchangers if there are progressive rates..I mean if you give more sum then you will get more bitcoins For example Vip-Btc.com Also some interesting rates I found on localbitcoins. I invest to bitcoins my money almost 2 years and I trust in btc
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legendbtc
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January 07, 2017, 04:43:23 PM |
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No one will oppose you when you want to buy more bitcoin with millions of usd, the problem will arise from the exchanges. You need find which exchanger is best suit for your amount,other way is if any one who is selling bitcoin bulky better go with escrow so that you will not loose your money. I bought only 2 btc at a time in localbitcoin most reliable.
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HaXX0R1337
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January 08, 2017, 12:01:12 AM |
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It is a matter of trust, There are many people who buy it like that but only with the most trusted trader. Most of the exchanges will ask for ID proof when you want to do transactions that big, you can proceed if you are buying legit way. Like what you are telling about matter of trust to give ID proof to the exchanges to buy bulk quantity of bitcoins, then it should be more cautiously do transaction in exchanges with this huge of buying as some of the exchanges can block the account after they get enough fiat currency . So it is always to use a reputed exchange where high transaction are going on. If you are dealing with a reputable exchange they wont run away with your funds if its not illegal funds or hacked money.It is really possible to buy really large amount of bitcoins from exchanges but certain exchanges does have a daily limit depositing fiats apart from that it is quite possible.
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game-protect
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January 08, 2017, 01:57:11 AM |
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This depend on
1) The jurisdiction you are resident and
2) The jurisdiction you want to buy the Bitcoins
Some jurisdictions consider Bitcoins as a legal currency, others not. If Bitcoins are considered as a legal currency, then you have to fulfil anti money laundering laws, of course.
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Natalim
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January 08, 2017, 02:50:34 AM |
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It is a matter of trust, There are many people who buy it like that but only with the most trusted trader. Most of the exchanges will ask for ID proof when you want to do transactions that big, you can proceed if you are buying legit way. Like what you are telling about matter of trust to give ID proof to the exchanges to buy bulk quantity of bitcoins, then it should be more cautiously do transaction in exchanges with this huge of buying as some of the exchanges can block the account after they get enough fiat currency . So it is always to use a reputed exchange where high transaction are going on. If you are dealing with a reputable exchange they wont run away with your funds if its not illegal funds or hacked money.It is really possible to buy really large amount of bitcoins from exchanges but certain exchanges does have a daily limit depositing fiats apart from that it is quite possible. Exactly, they are always protecting their reputation as that is important to them to stay in the business. Just to make sure to minimize the risk, you can buy from different exchange sites but never put all your bitcoins in a certain sites, the risk of being hack is possible and we have already witness that kind of incident in the past.
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