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Author Topic: Who can do large exchanges $100k to $1M?  (Read 399 times)
RodeoX (OP)
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December 11, 2017, 07:54:14 PM
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As the price goes up and a large percentage of our holdings are in bitcoin many will be thinking about diversifying by buying property or other large ticket items. That may require a third party willing to handle the crypto. Exchanges are fine for a $10K or less, but what if I need $1 million? Is anyone doing these figures now?

It is a service I would be interested in if I can't convince a seller to take bitcoin. Please respond here of PM me if you would like to keep this quiet. I certainly can keep a secret and can understand why you don't want to advertise your ability to buy at that level.

The problem is really about timing even doing $10K a week it would take almost 2 years to buy enough fiat for a $1M property sale. That's just too long.  Undecided

P.S. Scammers can disregard this offer. It will involve lawyers, contracts, etc. I have been doing this a long time and know all the tricks. It won't be some chatroom Tx. I will likely fly to you for a meeting.

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December 11, 2017, 10:50:28 PM
 #2

Hey,
Where are you from? You need cash or wire transfer? EUR or USD? what commission you ready to  pay?
More we can discuss via pm.

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December 12, 2017, 06:18:54 AM
 #3

I could probably help you out, depending on the specific terms you are offering.

I would point out that most major exchanges are equipped to handle a $1 million sale/trade. For example, on Gemini, you can sell 61 BTC at a low price of $16,407, verses a high bid of $16,585, which would net you over a million dollars. Gemini has a $100,000/day ACH limit, however they can wire more money to you for free. That is just over a 1% slippage and Gemini is one of the smaller exchanges (and 1% is probably lower than you would get around here, especially if the buyer would have to wait xx time to get their bitcoin).
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December 12, 2017, 01:33:19 PM
 #4

Exchanges are fine for a $10K or less, but what if I need $1 million? Is anyone doing these figures now?
I doubt you're in Europe, but here I'd try BL3P.eu (created by Bitonic). It allows me to withdraw 100k euro per day (which, unfortunately, I haven't been close to).
Bitonic shows this on their website:
Quote
Are you planning on investing a larger amount (over 50,000 euros) in bitcoins? Not a problem! We would be happy to discuss your options with you. We already have experience with dozens of large-scale transactions.

If you can handle euros, you can drop them a message.

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December 12, 2017, 07:13:19 PM
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Sent a PM. Posting here for future reference.
RodeoX (OP)
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December 13, 2017, 03:25:49 PM
 #6

Thank you all for your responses!
It looks like a larger trade is doable. I'm going to start looking for property to buy in the expectation of higher prices. This spring I will likely be pulling the trigger and contacting some of you to see if you are still interested. If I am extraordinarily luck the seller will take bitcoin directly for the land purchase.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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