WTB - Bitcoin for £/pounds - UK bank transfer

[JackH]

I am looking for someone that would accept UK bank wire for Bitcoin. I am looking to start of slow so that we can build trust between each other and then I expect to be able to buy quite large amounts of Bitcoin.

I rather not use an exchange as those are now going to be regulated, require ID and takes forever to send money to.

Since UK wires are cleared among the high street banks instantly we can easily do some Bitcoin traders between us without any risk. I am willing to send money first, but I would for this need to know who I am trading with in case things go haywire. Sellers please contact me.

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[Projects]

Normally I would be able to help but at the moment demand is so high I am not purchasing enough Bitcoins to cover everything - seems the people who have bitcoins are holding (even traders I have asked to buy from are not selling right now)
Feel free to contact me in future to see if I am selling though - I have a thread here as well which I bump when I am.

[SBC]

Based on your post I'm not sure we'd be what you were looking for, but I thought I'd throw it out there anyway; our service allows rapid Bitcoin purchase through UK Faster Payments (https://speedybitcoin.co.uk). We do require verification though for higher transaction amounts. Alternatives would possibly be http://localbitcoins.com - lots of individual traders frequent that site or https://bitbargain.co.uk/

[JackH]

I was afraid the answer would be that. If everyone is holding that means everyone is speculating because coins are hard to get, incredible really...

Anyway, ill see what I can do with a local trader in London, maybe that would do it.

[Projects]

I was afraid the answer would be that. If everyone is holding that means everyone is speculating because coins are hard to get, incredible really...

Anyway, ill see what I can do with a local trader in London, maybe that would do it.

The two that I know of (Tenakha) is holding and (Alex) is selling but for an inflated price.
You could try www.localbitcoins.com - can not give feedback on the above site as I have never used it even blockchain.info seems to be perma out of coins these days.

[JackH]

Well someone is mining and they "must" be selling it somewhere, or at least portions of it, since they need to recoup their investment. Hopefully ASICs are coming on board big time and the race to mine/sell is going to grow. I could use some more Bitcoins...