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Writer's pictureRaymond Chai

OTCbid - After Bitcoin ‘Betrayal,’ Goldman Sachs Is Suddenly Betting Big On Crypto And Blockchain




" Goldman Sachs GS +0.5%, along with Wall Street banking rival JPMorganJPM +1.3%, has a mixed history with bitcoin.

After cheering bitcoin's epic 2017 rally to around $20,000 in 2017, Goldman Sachs "betrayed" bitcoin believers in May this year when the bank's top analysts revealed a Buzzfeed-style "five-reasons-why" they didn't think bitcoin and cryptocurrencies should be considered an asset class in a much-hyped investor call.

Now, Goldman Sach has appointed a new global head of digital assets and, following in JPMorgan's footsteps, is reportedly exploring the possibility of creating its own blockchain-based answer to bitcoin." - Read Full Article


Source: Forbes




5K-200K BTC BUYER IN EUROPE

-6% Gross, -3% Net, Bank, EU

Look For Seller Mandate Only


NEW: 5K-200K BTC @ -6% gross, -3% net, Bank, Europe - Look For Seller

(Buyer: PC DN)

Post: 11.8.2020​

  • New European Buyer is looking for 5K-200K BTC at -6% gross, -3% net

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • Minimum buy 5000 BTC

​​

  • PROCEDURES:

  • A) The PROVIDER needs to execute the POC from his wallets, which justifies that it is capable of performing the contract. The main wallet should contain at least 5,000 BTC. The Provider the Investor must regulate the taking of further steps on the basis of this point.

  • B) The INVESTOR after proof of coin executed by the PROVIDER wallets with the figure provided by the INVESTOR needs to instruct his bank to sends pre-advice MT199 which will mention: Ready, willing & able to send MT103/72 conditional payment.

  • C) PROVIDER bank officer must reply thru SWIFT to INVESTOR bank stating the successful receipt of the pre-advice MT199 to establish a communication channel between INVESTOR and PROVIDER bank.

  • D) PROVIDER bank makes conditional payment by MT103/72 for the current tranche. Scheduled tranches (see Appendix A).

  • E) After receiving and confirmation of the conditional MT103/72 Swift notification at PROVIDER bank (see Appendix B), the seller transfers Bitcoins to the INVESTOR wallets for the amount stated in the MT103/72 through BLOCKCHAIN at the rate of the day 3% discount. The transfer of BTC must be realized within 24 hours after receipt of Swift notification.

  • F) After the PROVIDER received the BTC in his designated wallets (see Appendix A) and after the Six (6) confirmations of blockchain, INVESTOR bank releases immediately the conditional funds MT103/72 (see Appendix B)to the PROVIDER bank account. (or the MT103/72 stays as collateral and the tranche will be paid by MT103 in order to simplify banking solution for the following tranches, the banking process will be mutually agreed between INVESTOR and PROVIDER).

  • G) The same procedures will repeat A and F until the end of the contractual agreement for each tranche up until exhaustion of the agreed BTC for sale unless rolls and extensions apply.

SELLER MANDATE ONLY


Interested parties should contact :

​​

  • otcbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Text Now: +1 (786) 438 2844

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