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OTCbid - Microstrategy warned China’s expulsion of BTC miners could be a "trillion-dollar" mistakes

" Bitcoin and cryptocurrency prices have lurched back and forth over the last month with bitcoin now down around 50% from its April peak.

The bitcoin price rout was sparked by China's latest crackdown on bitcoin and crypto miners—who use high-powered computers to secure cryptocurrency blockchains and validate transactions in return for freshly created tokens.

Now, Michael Saylor, the chief executive of business intelligence software company-turned bitcoin accumulator Microstrategy, has warned China’s expulsion of bitcoin and crypto miners could be a "trillion-dollar" mistake. " - Read Full Article

Source: Forbes


" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid

-7% Gross, -4% Net, F2F, B2B, Zurich, Dubai

Seller Mandates Only -

NEW: 200K-800K+ BTC @ -7% gross, -4% net, Face2Face, Bank2Bank, Zurich, Dubai - Look For Seller

(Buyer : EC NM-Gail)

Post: 27.6.21


  • A Bank(Buyer) in Dubai is looking for 200K-800K+ BTC @ -7%gross, -4% net


  • Buyer = 4%

  • Sellerside = 1% (open)

  • Buyerside = 1% (closed)

  • Facilitators = 1% (Ray+1 ; closed)

  • Trial tranche = 10 BTC

  • Next tranche = 50000 BTC

  • Daily tranches = 50000 BTC until contract exhausted




  1. Buyer represents Banks. Banker in charge will not sign a SPA before the meeting face to face, nor will they provide POF before meeting;

  2. Seller sends a F2F SCO or an F2F draft SPA considering buyer’s requirements as well as IMFPA as an integral part of the SPA;

  3. A CC in Zoom or any other way is arranged for seller/seller’s authorized representative/signatory or deal performer and buyer for all the necessary clarifications, confirmations and organizing the meeting;

  4. The appointment outside the bank is confirmed and set up;

  5. Seller/authorized performer and buyer meet face to face and exchange the confidential documents (POF, passport copies, etc.);

  6. They enter the bank to have the SPA signed on the spot, reveal the wallet of seller’s BTC and a trial transaction of 10 BTC is performed, followed by another 50,000 BTC transaction;

  7. Then, 50,000 BTC will be transacted daily until seller’s contracted amount is exhausted;

  8. Seller will pay the commissions to the facilitators as per the IMFPA as the bank pays only his representative and there is no buyer’s side available to facilitators.

  • NOTE: The transaction will take place in banks in Zurich or Dubai (at seller’s option), during the TTM.


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577



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