Bitcoin Forum
December 05, 2016, 12:30:51 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Bitcoin Darkpools  (Read 871 times)
Dr. Nakimoto
Newbie
*
Offline Offline

Activity: 9



View Profile
July 09, 2012, 04:21:30 AM
 #1

I may or may not make a large purchase of Bitcoins. If I wanted to, how would I go about buying them without impacting the market?

By letting it go it all gets done. The world is won by those who let it go. But when you try and try, the world is beyond the winning.

- Lao Tzu
1480941051
Hero Member
*
Offline Offline

Posts: 1480941051

View Profile Personal Message (Offline)

Ignore
1480941051
Reply with quote  #2

1480941051
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480941051
Hero Member
*
Offline Offline

Posts: 1480941051

View Profile Personal Message (Offline)

Ignore
1480941051
Reply with quote  #2

1480941051
Report to moderator
1480941051
Hero Member
*
Offline Offline

Posts: 1480941051

View Profile Personal Message (Offline)

Ignore
1480941051
Reply with quote  #2

1480941051
Report to moderator
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
July 09, 2012, 04:22:48 AM
 #2

I may or may not make a large purchase of Bitcoins. If I wanted to, how would I go about buying them without impacting the market?

http://bitcoin-otc.com/

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
John (John K.)
Global Troll-buster and
Legendary
*
Offline Offline

Activity: 1092


Will read PM's. Have more time lately


View Profile
July 09, 2012, 04:25:08 AM
 #3

Don't buy them on an exchange then. Try an in person exchange or ask people like this : https://bitcointalk.org/index.php?topic=87094.0


My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

Raize
Donator
Legendary
*
Offline Offline

Activity: 1374


View Profile
July 09, 2012, 06:05:11 AM
 #4

There was someone who needed 200,000 Bitcoins around March of last year. No one really took them seriously till it became evident that the price was exponentially increasing. I'm sure someone has a link to that original forum thread. At the time I think the price was between one or two dollars. MtGox still did darkpools at the time.

From IRC chat logs and the like, it appeared as if they started purchasing up till the $4 range and then it became evident they started selling to see if the asks were being changed accordingly, when they realized their buys at the ask were only feeding more and more accumulation (I think the IRC log indicated they sold ~20,000 Bitcoin and the buys were eating it right up) they continued the ascent.

That said, there was also a ~200,000 Bitcoin trade around the same time that was NOT done on an exchange, so it could be that the price increases had nothing to do with this mystery person. MtGox dealt with them directly and discreetly, if the IRC logs are to be believed.

Only a few people seem to remember this whole incident for some reason, but it seemed as if someone *really* wanted Bitcoin at the time and whoever it was, they got it.

If you really do need to purchase a large amount of BTC, you'll notice from mtgoxlive.com that you could drop $250,000 on asks on MtGox right now and the price would only move up to $7.04. My guess is that you don't really need a darkpool, you just need to decide if you trust MtGox to handle your money or not.

OrganofCorti's Neighbourhood Pool Watch - The most informative website on blockchain health
Kazimir
Legendary
*
Offline Offline

Activity: 1036



View Profile
July 09, 2012, 08:48:26 AM
 #5

you just need to decide if you trust MtGox to handle your money or not.
Personally, I would NOT trust MtGox with almost 1.4 million dollars.

By the way, just wondering: why would anyone "need" 200,000 BTC?

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
BoardGameCoin
Sr. Member
****
Offline Offline

Activity: 283



View Profile
July 09, 2012, 09:42:10 AM
 #6

campbx has dark pools built in.

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
coeball
Newbie
*
Offline Offline

Activity: 8


View Profile
July 09, 2012, 11:57:20 AM
 #7

you just need to decide if you trust MtGox to handle your money or not.
Personally, I would NOT trust MtGox with almost 1.4 million dollars.

By the way, just wondering: why would anyone "need" 200,000 BTC?

But they have such nice all american accents in their product vids. If there ever was a hall mark of trustworthyness then that is it.
TangibleCryptography
Sr. Member
****
Offline Offline

Activity: 476


Tangible Cryptography LLC


View Profile WWW
July 09, 2012, 03:57:00 PM
 #8

I may or may not make a large purchase of Bitcoins. If I wanted to, how would I go about buying them without impacting the market?

We may be able to provide you the coins you need.  Direct Sales completely off the market.  We have a continual supply of new coins from our other ventures.  If you are looking to buy more than 2,000 BTC we could reach an agreement to fulfill a larger order of the course of a few days.

https://bitcointalk.org/index.php?topic=87094
Charm Quark
Jr. Member
*
Offline Offline

Activity: 50


Wat about the internet? Give us some of that money


View Profile
July 09, 2012, 10:09:46 PM
 #9

you just need to decide if you trust MtGox to handle your money or not.
Personally, I would NOT trust MtGox with almost 1.4 million dollars.

By the way, just wondering: why would anyone "need" 200,000 BTC?

drug deal  Shocked . Gotta move that ca$h somehow, eh?

My psychedelic fractal art: http://j-diche.deviantart.com  >>enjoy
Tips:              1NBx1uwbWMpEVwZo8HsjYQeuDxdxxFtiwJ  >>thanks!
schnell
Sr. Member
****
Offline Offline

Activity: 266


View Profile
July 09, 2012, 10:13:45 PM
 #10

Awkward.
It's Satoshi Nakamoto, not Nakimoto.
Dr. Nakimoto
Newbie
*
Offline Offline

Activity: 9



View Profile
July 10, 2012, 02:33:33 AM
 #11

I apologize for the recent market disruption. Best of luck.

By letting it go it all gets done. The world is won by those who let it go. But when you try and try, the world is beyond the winning.

- Lao Tzu
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!