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OTCbid - Peter Schiff says Bitcoin could hit $10 million if this happens

 

 

 

 

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" Economist and long-time Bitcoin (BTC) critic Peter Schiff has felt vindicated over the past week as his warning that BTC’s price would fall victim to “selling the news” after the recent launch of the first spot Bitcoin ETFs on the U.S. market has come to fruition – with the top crypto seeing a pullback of 21.5% at its lowest point. 

 

“The #Bitcoin ‘experts’ who ridiculed me and anyone else who claimed the new #BitcoinETFs would be a ‘buy the rumor, sell the news’ event, are now dismissing the significance of the decline, claiming it's just a classic ‘buy the rumor, sell the news’ event that was to be expected,” Schiff tweeted on Tuesday. 

 

Despite the launch of the ETFs and the potential inflows that could follow, Schiff maintains his position that BTC will ultimately go to zero. 

 

“The new #BitcoinETFs aren't creating additional demand, but merely shifting demand,” he said. “Investors who might have bought actual #Bitcoin, Bitcoin-related equities like $MSTR, or $GBTC are simply buying the new ETFs instead. Rearranging the deck chairs won't stop the ship from sinking.”

".- Read More

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Source: Kitco

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50K-200K BTC SELLER IN FRANCE, UK

 

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NEW: 50K-200K BTC with R&E up to 500K BTC @ -9% Gross, -5% Net, Fiat or USDT ERC-20/TRC20, USDT/BTC, Escrow, France, UK - Look For Buyer 

( Seller: HKHIN PLATT-GAIL)

Post: 26.1.24

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• Seller is selling 50K BTC up to 500K BTC @ -9% Gross, -5% Net.

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• Buyer = 5%

• Sellerside =2% 

• Buyerside =2%​​​

• Escrow = 1% (Paid by Seller outside this contract)​

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• PROCEDURE:

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1. BTC Provider sends Commercial Invoice.

2. USDT Provider signs Commercial Invoice.

3. USDT Provider sends USDT to ESCROW ATTORNEY’S Escrow USDT Wallet and provides TxID hash.

4. BTC Provider sends the first tranche BTC to Attorney’s escrow wallet or directly to the USDT provider’s BTC wallet and provides the TxID hash.

5. Escrow agent sends the BTC to the USDT provider wallet (if obtainable) and USDT to the BTC provider wallet to settle the swap.

6. Commission fees are paid by the Escrow Agent to consultants at the same time in BTC.

7. Repeat steps until the contract amount is finished.

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1. NOTE: A security deposit can be made after a few tranches, if all parties involve agree.

2. ESCROW AGENT shall pay the sales commissions as per the instructions outlined herein in Annex-D. Steps 5 to 8 are repeated until whole 200,000 BTC plus R&E transaction is complete.

3. Buyer Escrow attorney creates a new decentralized escrow wallet on live with seller for transparency.

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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)

• OTCbid.com