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OTCbid - Billionaire ‘SPAC King’ Reveals His Huge Bitcoin Bet—And Predicts The Bitcoin Price Will Climb As It Replaces Gold

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" Bitcoin and cryptocurrency prices have surged into October after a difficult September, with the crypto market charging back over $2 trillion.

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The bitcoin price is again nudging $50,000 per bitcoin after dropping under the closely-watched level in early September—even after Tesla TSLA 0.0% chief executive Elon Musk, one of the biggest boosters of the bitcoin price this year, issued a serious bitcoin warning.

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Now, billionaire investor Chamath Palihapitiya has revealed he's poured "hundreds of millions" into bitcoin and predicts the bitcoin price will continue to climb as it replaces gold.

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"It's very hard for me sitting here to give you a [bitcoin] price prediction," Palihapitiya, who founded venture capital company Social Capital in 2011 and has recently become known as the SPAC king for his support of the alternative investment vehicles, told CNBC this week. "But I can pretty confidently say that bitcoin, I think, has effectively replaced gold. And it will continue to do so. And so that market cap is just going to grow."

” - Read Full Article

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Source: Forbes

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16K BTC SELLER AVAILABLE

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

- OTCbid

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-10 Gross, -7% Net, Bank

Buyer Mandate Only

- OTCbid.com

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NEW: 16K BTC with R&E @ -10% gross, -7% net, Bank, Dubai, South Korea - Look For Buyer

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(Seller :  PIR  TMU-Tele)

Post: 3.10.21

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• A seller is selling 16K BTC with R&E  @ -10% gross, -7% net

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• Buyer = 7% 

• Sellerside = 1.5% 

• Buyerside = 1.5%

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• First tranche = 100 BTC

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• ​PROCEDURE:

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• BUYER FULLY FILLS OUT AND SIGNS THIS SALES PURCHASE AGREEMENT AND SENDS IT TO THE SELLER.

• SELLER FULLY FILLS OUT AND COUNTERSIGNS THIS SALES PURCHASE AGREEMENT AND SENDS A COPY TO THE BUYER

• SELLER SENDS A SATOSHI OF 0.001 BITCOIN TO THE BUYER’S DESIGNATED RECEIVING WALLET

• BUYER BLOCKS FUNDS AND HAS HIS BANK SEND A DIRECT WIRE SWIFT MT799 SHOWING POF BLOCKED FUNDS FOR THIS TRANSACTION

• SELLER AND BUYER AGREE TO A TRANSACTION TIME WHEN THE BUYER’S BANK IS OPEN.

• SELLER SENDS BITCOIN (SEE APPENDIX A FOR THE CALCULATION OF THE AMOUNT OF BITCOIN TO SEND)

• a.) The first tranche will be for 100 Bitcoin.  This means that the Buyer will be paying the market price for 100 Bitcoins and since the seller is paying the discount in Bitcoin, then the seller will send 110% value of Bitcoins as calculated in Appendix Ato the Buyer and an additional 10% Value of Bitcoins of each Tranche as calculated in Appendix Aas Commission to the designated Wallet.

• b.) The initial tranche size cash value can be up to but not exceeding  FIVE MILLION USD ($5,000,000)

• c.) Price to be based upon daily rate at Coin Market Cap.

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• UPON RECEIT OF BITCOINS, BUYER WILL IMMEDIATELY INSTRUCT HIS BANK TO MAKE PAYMENT VIA DIRECT WIRE SWIFT MT103/TT AND ALSO SEND A COPY OF THE BANK SLIP VIA EMAIL.

• THE TRANCHE SIZE AND FREQUENCY CAN BE INCREASE AS AGREED OVER TIME

• THIS IS REPEATED UNTO THE BUYER OR THE SELLER IS DONE

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BUYER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com

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