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Author Topic: Buying Wholesale Bitcoins Fastest Option  (Read 1003 times)
BigSmiles (OP)
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February 14, 2014, 01:56:03 PM
 #1

Hi

I am looking to buy Large quantities of Bitcoins online, i am looking for the fastest and easiest option available.

Most the places i have checked take a long time to verify the account, MTGOX is currently 20 Business days.

Also the prices are vary quite a lot on the different sites i have checked, so a good buying price aswell Smiley

Regards
Big Smiles  Grin
yatsey87
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February 14, 2014, 03:36:41 PM
 #2

Check localbitcoins You can also buy coins in the marketplace here. Have you checked the other exchanges? I'm sure there's some that don't need ID.
Colin Miner
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February 14, 2014, 06:23:26 PM
 #3

Check localbitcoins You can also buy coins in the marketplace here. Have you checked the other exchanges? I'm sure there's some that don't need ID.

+1 to https://localbitcoins.com/, I have used them and its super quick, minutes to get your BTC

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February 14, 2014, 06:25:44 PM
 #4

How much is a 'large quantity' exactly?

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Sonny
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February 15, 2014, 08:04:30 AM
 #5

Check localbitcoins You can also buy coins in the marketplace here. Have you checked the other exchanges? I'm sure there's some that don't need ID.

+1 to https://localbitcoins.com/, I have used them and its super quick, minutes to get your BTC

If OP really want to buy "large quantities" of bitcoin (say, 1000btc), localbitcoins may not be the best option.


BigSmiles (OP)
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February 15, 2014, 11:47:24 AM
 #6

Thanks, i was on local Bitcoins having a look however the prices seem a lot higher than what i had seen on MTGOX.

I am looking to buy between £20k - £50k Bitcoins depending on the price.

 Grin
Colin Miner
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February 15, 2014, 01:15:13 PM
 #7

Check localbitcoins You can also buy coins in the marketplace here. Have you checked the other exchanges? I'm sure there's some that don't need ID.

+1 to localbitcoins.com, I have used them and its super quick, minutes to get your BTC

If OP really want to buy "large quantities" of bitcoin (say, 1000btc), localbitcoins may not be the best option.

Yes, "large quantities" is subjective.

I am looking to buy between £20k - £50k Bitcoins depending on the price.

And this makes it clear on what a "large quantity" of bitcoins is for the OP.

I would suggest breaking up your funds and spreading your purchases over time to even out the peaks and troughs in the price.


FREE Namecoins (NMC), Devcoins (DVC) and IxCoins (iXC) while you mine Bitcoins (BTC) on the pool, in the cloud or both. Free to join, click here to Sign Up and mine your free coins.
Cheap VPS Hosting here or budget conscious Free cPanel hosting here. Buy BTC the safe and easy way at Localbitcoins.com (US and UK).
 "I'm no longer as confident as I was this morning." - xkeyscore89.  My Addie.cc.
more Free: BTC, LTC, FTC, TIPS, WDC, EAC & IFC
Sonny
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February 15, 2014, 01:25:00 PM
 #8

Thanks, i was on local Bitcoins having a look however the prices seem a lot higher than what i had seen on MTGOX.
 Grin

hmm...You should use the bitstamp or btc-e price as reference.
mtgox price is significant lower as mtgox stopped all bitcoin withdrawal some days ago...
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February 15, 2014, 07:26:36 PM
 #9

Check localbitcoins You can also buy coins in the marketplace here. Have you checked the other exchanges? I'm sure there's some that don't need ID.

+1 to localbitcoins.com, I have used them and its super quick, minutes to get your BTC

If OP really want to buy "large quantities" of bitcoin (say, 1000btc), localbitcoins may not be the best option.

Yes, "large quantities" is subjective.

I am looking to buy between £20k - £50k Bitcoins depending on the price.

And this makes it clear on what a "large quantity" of bitcoins is for the OP.

I would suggest breaking up your funds and spreading your purchases over time to even out the peaks and troughs in the price.



Definitely buy them in smaller amounts to minimise risk, and I'm also sure you'll alert some authorities buying such huge amounts.
BigSmiles (OP)
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February 17, 2014, 12:03:48 PM
 #10

Thanks for the help and comments, will look to split it up and also wait for the best prices.

Wish all the sites were as low as MTGOX  Cheesy
guybrushthreepwood
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February 17, 2014, 04:50:17 PM
 #11

Thanks for the help and comments, will look to split it up and also wait for the best prices.

Wish all the sites were as low as MTGOX  Cheesy

Don't we all, but it's low for a reason  Cheesy.
Kiki112
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February 17, 2014, 04:52:11 PM
 #12

localbitcoins might be the best option, you can also use bitstamp or bitkonan Wink

adz7
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April 28, 2014, 12:35:43 PM
 #13

Thanks for the help and comments, will look to split it up and also wait for the best prices.

Wish all the sites were as low as MTGOX  Cheesy

Just

Hey there Big,
Just sent you a PM. Let me know if you are interested in progressing further with Bitcoin deals of larger sizes.

Cheers
silvestar
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April 28, 2014, 02:03:43 PM
 #14

I was like "Huh? Mtgox?" when I read OP, and then realized this was made in Feb.
Guess he has avoided mtgox lol Cheesy
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April 29, 2014, 04:52:22 AM
 #15

i think your best option would be to use bank transfer on locol bitcoins. although idk if you will find a wholesale price. or post here in the section and im sure theres someone that ould be interest

Tammy Chan
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April 29, 2014, 11:02:19 AM
 #16

Hi

I am looking to buy Large quantities of Bitcoins online, i am looking for the fastest and easiest option available.

Most the places i have checked take a long time to verify the account, MTGOX is currently 20 Business days.

Also the prices are vary quite a lot on the different sites i have checked, so a good buying price aswell Smiley

Regards
Big Smiles  Grin

If you don't want to do verification, you can use localbitcoins. But, you can get better price on bitstamp.

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