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Showing 7 of 7 results by Terabot
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Topic
Board Bitcoin Discussion
Re: What's up with the high fees!?
by
Terabot
on 15/07/2015, 18:06:29 UTC
With so many spam transactions occurring, the standard transaction fee is not sufficient to ensure quick confirmations.

This is a good answer to the question.
Post
Topic
Board Trading Discussion
Re: How do I go about purchasing a large amount of bitcoins
by
Terabot
on 15/07/2015, 16:59:31 UTC
Let's say I'm looking to invest around $500k in bitcoins

What is the procedure to acquire the corresponding amount of bitcoins

uhh, 500k USD is around 1.7k BTC these days, which not look so high, as it looks in fiat:)

possible ways

1* go to localbitcoins.com, initiate contact with biggest sellers in your region (Europe, US) and start negotiate terms / ask them for offer.
2* initiate contact with some huge Chinese mining company/visit China personally and buy it directly from miners
3* create multiple bank accounts, transfer fiat to multiple exchanges and start buying

problem with point 3 is, that gov. may block your funds at it will be visible. So imho best and feasible way is just start slowly collecting locally..anyway, it will be risky and time consuming for sure, 500k USD is really lot of money, in my country you can had luxury car and amazing big house with garden everywhere you want:))

500K USD on localbitcoins, scary... scary Shocked
Post
Topic
Board Off-topic
Re: What YouTube video are you watching now?
by
Terabot
on 12/07/2015, 15:06:27 UTC
https://www.youtube.com/watch?v=xvBRI3szUpM

"Awakening" ~ Emotional Drum & Bass Mix.
Post
Topic
Board Project Development
Re: BitcoinTalkRadio.com - Is up and running !! Come listen anytime!!
by
Terabot
on 12/07/2015, 14:34:41 UTC
Ohhh sounds fun, i have to try this Smiley
Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Terabot
on 12/07/2015, 14:24:25 UTC
It is already a global currency we are just very early to adopt it.
Post
Topic
Board Speculation
Re: 2 years ago Cyprus, now Greece? new bubble on the way?
by
Terabot
on 12/07/2015, 14:08:34 UTC
The 1200 bubble was for the most part produced by WillytheBot (MtGox) and his followers. Cyprus crisis had about the same impact on Bitcoin price as Greece has right now. Problem is mainly, when the banks are closed, people are not able to buy Bitcoins.

We will have to wait and see, but i agree to this.
Post
Topic
Board Bitcoin Discussion
Re: Ignore the FUD we're moving forward!
by
Terabot
on 12/07/2015, 13:54:59 UTC
It will be very interesting to see.