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One million dollars is less than 1400 BTC on gox at the moment. There are several transactions a day in this range. And contrary to the popular folklore, you
by waterlesscloud 13y ago
One million dollars is less than 1400 BTC on gox at the moment. There are several transactions a day in this range.
And contrary to the popular folklore, you can get USD out of gox, it just costs you a fair amount to do so. If you're dealing in million dollar transactions, it can be arranged.
- johnchristopher 13y agoHow much would it cost to convert an amount of bitcoins valued at one million dollars ?
- gwern 13y agoAnd as a matter of fact, the guy who broke the back of the most recent surge to $900 on MtGox was selling something like $5m and is doing just that.