I have a client who wants to pay in Bitcoin & Bitleu currency a contract of 500 million euro value, but it is hard to transfer money because they are now in the investment Deutsche Bank in Germany... Must move them to a commercial bank accepted by DB, and then to an exchange for buying Bitcoin and Bitleu. If everything works well will let you know.
However, we are still looking for a Bitcoin friendly bank in Europe... do you know any?
However, we are still looking for a Bitcoin friendly bank in Europe... do you know any?
Current Bitcoin market cap is ~5 billion Euro, so you would be looking to move almost 10% of the total Bitcoins in circulation.
There is simply no way you can acquire that many on exchanges without massively moving the price.
Bitcoin is simply not ready for transactions of that magnitude yet.
Bitcoin's market cap is too small, by several orders of magnitude, to be able to transfer this value without seriously distorting the market.
There is simply no way to buy that many Bitcoins at anything resembling a sensible price, and trying to sell them would crash the price to almost nothing.