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OTCbid - Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations

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" Past data show that we are approaching one of the best times to buy Bitcoin.

 

 

 

 

 

 

 

 

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" The unemployment rate rose to 3.6% against forecasts for it to hold steady at 3.4%.

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The U.S. added 311,000 jobs in February, topping economist forecasts for 205,000, according to the Bureau of Labor Statistics' Nonfarm Payrolls report. The unemployment rate rose to 3.6% versus expectations for it to hold steady at 3.4%.

January's blowout job gain of 517,000 was revised lower to 504,000.

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Having slumped nearly 8% in the 24 hours prior to Friday morning's jobs numbers, bitcoin (BTC) is bouncing modestly in the immediate aftermath, returning to just above $20,000.

 

Always widely followed, Friday's jobs report has taken on particular importance given the events of the past few days. First, Federal Reserve Chairman Jerome Powell earlier this week suggested the U.S. central bank may need to get more aggressive in tightening monetary policy to fight stubbornly high inflation. Next, on Wednesday evening, crypto-lender Silvergate Bank collapsed.” - Read More

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Source: Coindesk​

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70K BTC BUYER IN CANADA

-5% Gross, -2% Net, Bank Transfer, HSBC, Canada

 

Seller Mandate Only

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NEW: 70K+ BTC @ -5% Gross, -2% Net, Bank Transfer, HSBC, Canada - Look For Seller

(Buyer : PHERR BFRA-LINK)

Post: 10.3.23​​​​

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• A buyer is looking for 70K+ BTC @ -5% Gross, -2% Net ​

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• Buyer = 2% 

• Buyerside = 1.5% 

• Sellerside = 1.5%​

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• Buyer is flexible with his procedure. He just wants to transact safely.

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• PROCEDURE :

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• Buyer and Seller submit KYC/AML

• Buyer submits a Letter of Intent (LOI) offering bid to purchase BTC

• Buyer sends CIS.

• Buyer and Seller provide POF and POC of 5 BTC for checking

• One Seller provides 5 BTC POC, buyer proceeds to the bank to make a transfer.

• When it’s confirmed we start with a first tranche of 50 BTC

• Seller sends SPA Agreement. Buyer and Seller signs Agreement for Purchase of BTC.

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• POC process: 

1. Buyer and Seller have a video conference where the seller will create a new wallet on the call with every party watching.

2. When it's done, the buyer will copy that exact new wallet address, and after the call, the seller sends the amount of BTC to be purchased to the wallet.

3. If the buyer searches the address and confirms the coins are there, he proceeds to send the first tranche. This is to make sure the seller doesn’t send a random wallet balance or pay someone for Satoshi test.

4. Buyer needs to verify that seller has the coins in seller's wallet, not another wallet or imported funds.

5. Once Buyer has verified the coins, Buyer will pay first.

6. Once confirmed the coins, all parties won’t have a problem with this as it’s just a verification.

7. Buyer don’t have a problem with paying first but we need leverage​

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SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com