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OTCbid - Spot Bitcoin ETF is “a Giant Mistake” – Market Expert Jim Bianco Says

 

 

 

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" While the broad crypto industry is basking in the euphoria of the spot Bitcoin ETFs, market expert Jim Bianco thinks that the new offering is a giant mistake.

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BTC ETF Is a Giant Mistake

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President and Macro Strategist at Bianco Research, L.L.C. Jim Bianco has expressed his displeasure about the launch of spot Bitcoin ETFs. Amidst this criticism, he spoke highly of the prospects of Decentralized Finance (DeFi) as an alternative in the financial landscape. He also pointed out that the Bitcoin ETF product can produce higher prices for the flagship cryptocurrency Bitcoin, but not up to $1 million as predicted by Bitcoin stock-to-flow (S2F) model creator PlanB.

- Read More

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Source: Coingape

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90K+ BTC SELLER IN USA

 

 

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NEW: 90K BTC with R&E @ -5% Gross, -3% Net,  BTC/Fiat, Bank, F2F, Dubai, Switzerland US - Look For Buyer 

( Seller: GSAM KSEE-GAIL)

Post: 19.2.24

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• Seller is selling 90K BTC @ -5% Gross, -3% Net.

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• Buyer = 3%

• Sellerside =1% 

• Buyerside =1%​​​​

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•  Payment with Fiat to Banks from:

• 1. Europe.

• 2. Switzerland.

• 3. Dubai

• 4. USA.

• 5. Others ask.

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• PROCEDURE:

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• A. Seller sends procedures for buyer to review and accept. 

• B. Buyer signs and returns the Spa to seller with CIS. 

• C. Seller releases the wallet to buyer to do DD.

• D. Buyer show to Seller’s Representant his funds, can be by zoom with his online banking account or others type of POF.

• E. Seller prepares the sale contract with buyer and seller info to be executed by both parties 

• F. Seller and buyer will arrange time and date to meet at seller/agent office or at bank f2f of dubai, Switzerland or USA for the buyer transfers funds in the seller account. 

• G. If the buyer chooses to have any kind of proof of coin (satoshi), buyer must purchase 2% of the face value of the wallet at the bank. This amount will be stated in the schedule of the delivery, "Annex A", and the 1st tranche must be completed upon verified and received the POC, otherwise penalty will be applied. 

• H. Upon the seller confirm the funds in his account the seller shall transfer the btc within one hour to the buyer wallet (if seller failed to do the transfer in one hour after the funds posted on his account the account signatory will immediately reverse the funds to buyer at the bank) per contract agreement. 

• I. Upon the buyer receiving the BTC at the bank meeting buyer and seller shake each other hands and schedule next transaction. 

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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