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Author Topic: Best place to buy more than 100BTC  (Read 2267 times)
Cozynunu
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October 04, 2016, 07:52:20 AM
 #41

Buy it from the FBI auction. They seized lots from silk road and other illegal operations. Surely cannot be safer than buying it from the FBI.  Smiley

I thought they had already sold out all those Silk Road bitcoins. If not, that can only mean one thing, i.e. they are selling the same bitcoins twice, thrice, and many more times. "If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him"...

So it remains widely open how safe (and wise) it is to buy from FBI

http://fortune.com/2016/08/08/government-seized-bitcoin-auction/

Yeah sorry - the post was party tongue in cheek. I should have looked it up to get my facts straight - the auction I was referring to already took place in August.

But no doubt new ones will come up - in different countries. Australian Authorities have done the same thing.

I would still stay away from buying Bitcoins at these auctions. If you buy from them, you will most certainly get jotted down in the end. And whom do you think they will check first if Bitcoin gets involved in some criminal activity (for example, drug trafficking)? Yeah, you may get a cheaper price buying these bitcoins (honestly, I don't know how much cheaper, if ever), but...

A mousetrap never runs after a mouse
There are lots of ways to get bitcoins but do you sure want more than over 100 bitcoins i dont think that is available becuase 100 times 600 is allot of money dont know if lots of people have that much,.
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October 04, 2016, 08:03:04 AM
 #42

Buy it from the FBI auction. They seized lots from silk road and other illegal operations. Surely cannot be safer than buying it from the FBI.  Smiley

I thought they had already sold out all those Silk Road bitcoins. If not, that can only mean one thing, i.e. they are selling the same bitcoins twice, thrice, and many more times. "If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him"...

So it remains widely open how safe (and wise) it is to buy from FBI

http://fortune.com/2016/08/08/government-seized-bitcoin-auction/

Yeah sorry - the post was party tongue in cheek. I should have looked it up to get my facts straight - the auction I was referring to already took place in August.

But no doubt new ones will come up - in different countries. Australian Authorities have done the same thing.

I would still stay away from buying Bitcoins at these auctions. If you buy from them, you will most certainly get jotted down in the end. And whom do you think they will check first if Bitcoin gets involved in some criminal activity (for example, drug trafficking)? Yeah, you may get a cheaper price buying these bitcoins (honestly, I don't know how much cheaper, if ever), but...

A mousetrap never runs after a mouse

these coins are sold in a one single batch. or at least this is what i have seen happen so far. and the coins are not 100-200 but at least 10 times these amounts so it needs a lot more money and people who have that kind of money know very well what to do with it and how to do it to be also safe (they are very well connected) we don't need to worry about them Cheesy

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October 04, 2016, 08:13:56 AM
 #43

Hi Guys,

I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
since buying btc in bulk amount may be give small little profit with low rate but i think you should not directly buy btc 100 btc amount but buy in small small part . well a better site to buy btc in bulk is btc-e , cex etc .


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senyorito123
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October 04, 2016, 08:19:56 AM
 #44

Buy it from the FBI auction. They seized lots from silk road and other illegal operations. Surely cannot be safer than buying it from the FBI.  Smiley

I thought they had already sold out all those Silk Road bitcoins. If not, that can only mean one thing, i.e. they are selling the same bitcoins twice, thrice, and many more times. "If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him"...

So it remains widely open how safe (and wise) it is to buy from FBI

http://fortune.com/2016/08/08/government-seized-bitcoin-auction/

Yeah sorry - the post was party tongue in cheek. I should have looked it up to get my facts straight - the auction I was referring to already took place in August.

But no doubt new ones will come up - in different countries. Australian Authorities have done the same thing.

I would still stay away from buying Bitcoins at these auctions. If you buy from them, you will most certainly get jotted down in the end. And whom do you think they will check first if Bitcoin gets involved in some criminal activity (for example, drug trafficking)? Yeah, you may get a cheaper price buying these bitcoins (honestly, I don't know how much cheaper, if ever), but...

A mousetrap never runs after a mouse
There are lots of ways to get bitcoins but do you sure want more than over 100 bitcoins i dont think that is available becuase 100 times 600 is allot of money dont know if lots of people have that much,.

Its very risky to buy those huge amount on some certain sites since anybody can be compromised if they buy bulk of huge volume of btc and i realy think for that is buy at different legit sites or exchanger who's offering that service so many will be splitted and surely he can get the amount he desired buy, and this splitting upon buying is the safest way he can do so he can make sure that he's safe and sound.

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October 04, 2016, 08:45:21 AM
 #45

I would still stay away from buying Bitcoins at these auctions. If you buy from them, you will most certainly get jotted down in the end. And whom do you think they will check first if Bitcoin gets involved in some criminal activity (for example, drug trafficking)? Yeah, you may get a cheaper price buying these bitcoins (honestly, I don't know how much cheaper, if ever), but...

A mousetrap never runs after a mouse

these coins are sold in a one single batch. or at least this is what i have seen happen so far. and the coins are not 100-200 but at least 10 times these amounts so it needs a lot more money and people who have that kind of money know very well what to do with it and how to do it to be also safe (they are very well connected) we don't need to worry about them Cheesy

Indeed, we are small fish, but I still wouldn't take it for granted that big fish are somehow wiser, safer, and overall better connected than us (or connected at all). We implicitly assume that guys with bigger guns are stronger than with smaller ones while, in fact, both small and big guns would be pretty much equally lethal if you got pierced. Ross Ulbricht was without doubt a big fish (even a great white shark of sorts), but did that help him much in the end?

Though I agree we don't need to worry much about them

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October 04, 2016, 09:40:04 AM
 #46

I would still stay away from buying Bitcoins at these auctions. If you buy from them, you will most certainly get jotted down in the end. And whom do you think they will check first if Bitcoin gets involved in some criminal activity (for example, drug trafficking)? Yeah, you may get a cheaper price buying these bitcoins (honestly, I don't know how much cheaper, if ever), but...

A mousetrap never runs after a mouse

these coins are sold in a one single batch. or at least this is what i have seen happen so far. and the coins are not 100-200 but at least 10 times these amounts so it needs a lot more money and people who have that kind of money know very well what to do with it and how to do it to be also safe (they are very well connected) we don't need to worry about them Cheesy

Indeed, we are small fish, but I still wouldn't take it for granted that big fish are somehow wiser, safer, and overall better connected than us (or connected at all). We implicitly assume that people with bigger guns are stronger than with smaller ones while, in fact, both small and big guns would be pretty much equally lethal if you got pierced. Ross Ulbricht was without doubt a big fish (even a great white shark of sorts), but did it help him much?

Though I agree we don't need to worry much about them

If they are veterans on bitcoin and stake huge amount again and again well i think theirs nothing to worry with them, but how about those newly stakers who have limited knowledge about bitcoin and want to buy it for business purposes? I think those one are prone for bad incident if they make some bad decision for buying bitcoins at wrong site thats why its better to guide them if we know who they are so their money will became safe, this discussion is really helping for those newly ones who's have plan on buying such huge amount of btc.

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October 04, 2016, 11:25:02 AM
 #47

I don't know is it better to buy them at once and on one place, did you think about more places with same amounts?
You can buy some on exchangers, you have a lot of exchange sites now, you can buy some on local bitcoins, also ATM's if there is one close to you, and last you can try here on forum to make something, I saw people are selling and buying bitcoins in currency exchange section.

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October 04, 2016, 01:31:57 PM
 #48

I don't know is it better to buy them at once and on one place, did you think about more places with same amounts?
You can buy some on exchangers, you have a lot of exchange sites now, you can buy some on local bitcoins, also ATM's if there is one close to you, and last you can try here on forum to make something, I saw people are selling and buying bitcoins in currency exchange section.
Yes, diversifying will work here too. Showing ourselves having huge amount of money is always risky as per my country regulations as it will attract tax enquiry. So, going with multiple way of buying bitcoin must be right idea and I will be choosing dealing with local sellers and buying in different exchanges with the different methods.


 
 
 
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October 23, 2016, 10:06:35 AM
 #49

i would advice you to never buy that much bitcoins at once, better spread your buying, not because of price but in case of scam, it is better to lose 10 bitcoins than 100

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October 24, 2016, 08:59:32 AM
 #50

Hi Guys,

I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Many exchanger now that you can buy bitcoin like bittrex,poloniex,ccex  that is the best exchanger that you can buy 100 btc in safest way. You can choose one of them to see what is the price of bitcoin in that exchanger. But its up to you where to buy for you to experience how to trade your money into bitcoin.

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October 24, 2016, 10:09:26 AM
 #51

Hi Guys,

I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Many exchanger now that you can buy bitcoin like bittrex,poloniex,ccex  that is the best exchanger that you can buy 100 btc in safest way. You can choose one of them to see what is the price of bitcoin in that exchanger. But its up to you where to buy for you to experience how to trade your money into bitcoin.

Yeah that is the best thing he can do for now and he should split his funds to buy on different big exchanger so he can get the 100btc that he want, and if he doesn't know how to do it well he needs to seek proper advice from people who knows more how to do it since they can guide you the steps upon buying the coins,

But also i think OP should not buy by bulk since he can get compromise if he bought such huge at one time buying.



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October 24, 2016, 10:40:27 AM
 #52

You should definitely check poloniex but might I suggest that you try to meet up someone that sells his btc. I think you're getting a lot of discount and some freebies if you buy from an actual person. If you buy from an exchange site, you'll get exactly how much you paid for. They don't care how much did you buy but if it's an actual person, he'll give you some more extra bitcoins.

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October 24, 2016, 08:50:39 PM
 #53

i would advice you to never buy that much bitcoins at once, better spread your buying, not because of price but in case of scam, it is better to lose 10 bitcoins than 100
Buying in big quantity or small is not the case because there are some scammers out that are will to scam you even of one satoshi. The best and safe exchanger I would recommend to use in buying big amount of bitcoin is coinbase. Coinbase is a well reputed exchange platform, to me it is the number one in the entire world and I see no reason that coinbase will scam you of your money. There has never been any complain about them so far.

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October 25, 2016, 03:09:54 AM
 #54

if you want buy much bitcoin
you must find in exchanger the big volume transaction , reputable, trusted
this buy much bitcoin iam ussualy use btc-e, support much payment procesor, easy use and without verification id
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October 25, 2016, 06:59:37 AM
 #55

i would advice you to never buy that much bitcoins at once, better spread your buying, not because of price but in case of scam, it is better to lose 10 bitcoins than 100
Buying in big quantity or small is not the case because there are some scammers out that are will to scam you even of one satoshi. The best and safe exchanger I would recommend to use in buying big amount of bitcoin is coinbase. Coinbase is a well reputed exchange platform, to me it is the number one in the entire world and I see no reason that coinbase will scam you of your money. There has never been any complain about them so far.

Coinbase is one of the best platform to buy bitcoins for sure as they are most reputable and trusted exchange which are operating since long time and we haven't heard any bad news related to it so far but the country I live I would prefer to buy from LBC as it is also very reputed site for trades.

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October 25, 2016, 07:29:01 AM
 #56

|there are so manuy places where you can invest into the bitcoin when you are here to make money with the bitcoin you will have allot of money to
start with the bitcoin becuase the price is really high.
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October 27, 2016, 01:15:12 AM
 #57

i would advice you to never buy that much bitcoins at once, better spread your buying, not because of price but in case of scam, it is better to lose 10 bitcoins than 100
Buying in big quantity or small is not the case because there are some scammers out that are will to scam you even of one satoshi. The best and safe exchanger I would recommend to use in buying big amount of bitcoin is coinbase. Coinbase is a well reputed exchange platform, to me it is the number one in the entire world and I see no reason that coinbase will scam you of your money. There has never been any complain about them so far.

Coinbase is one of the best platform to buy bitcoins for sure as they are most reputable and trusted exchange which are operating since long time and we haven't heard any bad news related to it so far but the country I live I would prefer to buy from LBC as it is also very reputed site for trades.

I agree with you coinbase is one of the good exchangers to buy bitcoins but I am very doubtful to them because of an incident that a coinbase user is not able to open his account and after claiming and asking help from the support he finally turns to see that someone really hacked his account because it sent bitcoin to other address.  https://bitcointalk.org/index.php?topic=1651233.20



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