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Writer's pictureRaymond Chai

OTCbid - Bitcoin: Analysts expect massive price movement in the next days



" Within the last 24 hours, the Bitcoin price moved between $9,000 and $9,200 and could not break out of the sideways trend.

Analysts expect a strong price movement in the coming days, which could lead to a 20% correction.

Grayscale’s interest in Bitcoin remains strong, with the institution purchasing more Bitcoin than is currently mined. " - Read Full Article





250K BTC BUYER

-5% Gross, -2% Net, Wilmington Trust

Look For Seller Mandate Only - OTCbid.com



NEW: 250K+ BTC @ -5% gross, -2% net, Wilmington Trust - Look For Seller

(Buyer: VS NS)

Post: 20.7.20

Buyer is looking for 250K+ BTC at -5% gross, -2% net

Buyerside = 1.5%

Sellerside = 1.5%

PROCEDURES :

  • 1. Buyer shows POF. Seller shows POC through a signed message or small Satoshi test from a wallet

  • 2. An escrow agreement is signed between Buyer and Seller and then submitted to Wilmington Trust for approval.

  • 3. Upon approval, both buyer and seller parties are KYC'd via WT compliance.

  • 4. After passing KYC, a Sales and Purchase Agreement (SPA) and Irrevocable Master Fee Protection Agreement (IMFPA) is drafted and and signed by all involved parties.

  • 5. Buyer wires a deposit in the amount of at least 100 BTC, enough to cover the initial tranche amount, WT confirms receipt and holding of the funds to the seller.

  • 6. At an agreed time, Buyer and Seller parties gets on a conference call to set Spot price, and facturing in the Net Discount, Seller guarentees coins to be sent within 10-minutes of agreeing on the Spot Price.

  • 7. After a minimum of 6 confirmations on the blockchain, Buyer, Seller, and representatives call WT as well as send a signed document confirming the successful transfer for each tranche. WT then immediately wires funds to seller's account.

  • 8. This process continues with agreed upon tranche schedule until contract is filled.

The LOI is the first doc, P&S agreement, Escrow agreement and deal road map.

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • otcbid@gmail.com

  • Text Now: +1 (786) 438 2844

  • DM Raymond Chai (on Linkedin)

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