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Author Topic: what's the fastest way I can purchase a large amount of bitcoins?  (Read 829 times)
Gobblertown
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July 28, 2012, 08:17:02 PM
 #1

I want to buy a decent # of bitcoins (~5000).

I've been trying to jump through the various hoops to buy some bitcoins for about a week without much success.  I opened a Dwolla account, but they restrict transfers from the bank to $5000.  It took 48 hours just to verify my bank account with them.  So I requested a transfer of $5000.  Only after 24 hours did they say that I'm not really verified, and that they can't do it unless I upload a photo id.  Not sure I want to jump through these hoops if there are going to be another ten steps which take me a month to take.

In order of priority, I want a way to buy that's

1) fast
2) private
3) low commission

What's the best way to do this?
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RyNinDaCleM
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July 29, 2012, 12:03:26 AM
 #2

That will be 44750 dollars...Will that be cash or charge?  Tongue

Did you try #bitcoin-OTC? Or just open an account on one of the exchanges.

Being your first post and all, I don't see anyone handing ~5000 BTC over for some PayPal or the likes!

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July 29, 2012, 12:12:40 AM
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Tangible Cryptography LLC can supply wholesale bitcoins however our volume is  roughly 1,000 to 1,500 BTC per day so it will take a few days to handle an order of that size.  Price is @ MtGox last with no fees or slippage.  If funded by a bank wire or bank deposit you can have your first batch of coins the same day.  As a new customer you will be limited to a maximum of $5,000 on your first transaction.  We can give you a 1% discount below MtGox on subsequent purchases if part of a larger deal.  

https://bitcointalk.org/index.php?action=profile;u=57640

Setup GPG, import our company private key, and send us a test message.  We would be happy to discuss your options.
jwzguy
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July 29, 2012, 12:13:15 AM
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Are you in the USA? Try Bitfloor.com - using a cash deposit there might be the fastest route possible. Also the lowest exchange fees.
finkleshnorts
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July 29, 2012, 12:14:35 AM
 #5

I want to buy a decent # of bitcoins (~5000).

I've been trying to jump through the various hoops to buy some bitcoins for about a week without much success.  I opened a Dwolla account, but they restrict transfers from the bank to $5000.  It took 48 hours just to verify my bank account with them.  So I requested a transfer of $5000.  Only after 24 hours did they say that I'm not really verified, and that they can't do it unless I upload a photo id.  Not sure I want to jump through these hoops if there are going to be another ten steps which take me a month to take.

In order of priority, I want a way to buy that's

1) fast
2) private
3) low commission

What's the best way to do this?

Drive to McKinney, TX with a suitcase full of cash!
jwzguy
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July 29, 2012, 12:15:08 AM
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Tangible Cryptography can supply wholesale bitcoins however our volume is ~1000 BTC per day so it will take a few days.
Priced @ MtGox last with no fee or slippage.    We would limit your first transaction to $5,000 though.   If funded by a bank wire you can have your first batch of coins the same day.

https://bitcointalk.org/index.php?action=profile;u=57640

Setup GPG import our private key and send us a test message with your public key.  We would be happy to discuss your options.
D&T also provides an excellent option.
Raoul Duke
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July 29, 2012, 12:23:23 AM
 #7

I want to buy a decent # of bitcoins (~5000).

I've been trying to jump through the various hoops to buy some bitcoins for about a week without much success.  I opened a Dwolla account, but they restrict transfers from the bank to $5000.  It took 48 hours just to verify my bank account with them.  So I requested a transfer of $5000.  Only after 24 hours did they say that I'm not really verified, and that they can't do it unless I upload a photo id.  Not sure I want to jump through these hoops if there are going to be another ten steps which take me a month to take.

In order of priority, I want a way to buy that's

1) fast
2) private
3) low commission

What's the best way to do this?

Drive to McKinney, TX with a suitcase full of cash!

The man said with a low commission Wink

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