One million dollars is less than 1400 BTC on gox at the moment. There are severa... | Hacker News

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waterlesscloud on Nov 22, 2013 | parent | context | favorite | on: Richest Bitcoin Addresses

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.

gwern on Nov 22, 2013 | [–]

And 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.

johnchristopher on Nov 22, 2013 | [–]

How much would it cost to convert an amount of bitcoins valued at one million dollars ?

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