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Writer's pictureRaymond Chai

OTCbid - The Lightning Network, a payments platform built on Bitcoin enables instant transactions



" MIAMI – Crypto lingo and booze flowed freely as thousands of bitcoin enthusiasts descended on South Florida this weekend.

At Bitcoin 2021, billed as the biggest bitcoin event in history, legions of faithful fans braved 90-degree days to talk all things crypto. Many of the conference attendees were bitcoin maximalists, a phrase used to describe people who believe that bitcoin, and not necessarily other cryptocurrencies, is the future of finance. Most plan to BTD (buy the dip) and HODL (hold on for dear life).


The energy was electric. A maskless, sold-out crowd of 12,000 attendees spent two days glad-handing, hugging, sending crypto from wallet to wallet, and closing business deals in between panels and speeches. The novelty of taking part in a largely indoor event, free of Covid restrictions, contributed to the atmosphere.

A standard pass to the event cost $1,499. Some guests paid for a highly coveted orange bracelet, known as the “Whale Pass,” which takes its name from a term used to describe individuals who hold large sums of bitcoin. The pass granted access to an extra day of speakers, exclusive parties, and a private area in the convention hall, replete with a free bar. On the first day of the conference, it was retailing on Eventbrite for $21,000, plus a $529 transaction fee." - Read Full Article


Source: CNBC




250K 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


-8% Gross, -5% Net, B2B, MT103, Wire Transfer

Buyer Mandates Only - OTCbid.com



NEW: 15K-250K BTC @ -8% gross, -5% net, B2B, MT103, Wire Transfer - Look For Buyer

(Seller: BP XP-Gail)

Post: 8.6.21

​​​​​​

  • Seller is selling 15K-250K BTC @ -8%gross, -5% net

  • Minimum fifteen thousand Bitcoin (15,000 BTC), with up to two hundred fifty thousand (250,000 BTC) with rolls and extensions as agreed by buyer and seller.

  • First tranche = 5000 BTC

  • Subsequent tranche = up to 50K BTC


  • -4 % / -2 % (first tranche min. 5k BTC)

  • -6 % / -3 % (first tranche min. 35k BTC to receive -3 % net)

  • -8 % / -5 % (first tranche 50k BTC to receive -5 % net)

  • Buyer = 5%

  • Buyerside = 1.5%​

  • Sellerside = 1.5%

​​​

  • ​PROCEDURE:

  • Seller sends a draft SPA. Within 24 hours, buyer will fill out with buyer´s required details, SIGN and return the SPA to the seller. Within 24 hours, seller will fill out all required details, SIGN and send back the SIGNED SPA on a PDF format.

  • A video call is made between buyer and seller.

  • Proof of funds (POF) and proof of coins (POC) will be exchanged during the video identity verification by the buyer and the seller as follows:

  1. Identity: Original Passport must be presented on video by both parties. Seller will ask for additional ID if necessary.

  2. Wallet: Buyer´s receiving wallet will be submitted privately to the seller.

  3. Proof of funds (POF): Buyer has to login to his/her bank account to show the proof of funds (POF).

  4. Proof of coins (POC): Seller will play the recorded proof of coins video (POC) with personalized code given by the buyer. (No Satoshi or A-B wallet test available).

  • Buyer´s Bank Officer will initiate an MT199 communication to seller´s bank, informing the bank of the upcoming transfer with stated exact date of the transaction.

  • Upon the confirmation of the seller´s Bank Officer, seller issues the invoice and buyer pays the agreed amount of BTC using MT103 Cash Wire Transfer, or Telegraphic Transfer {TT}. Then provide the official bank slip to the seller.

  • Upon the confirmation of the seller´s designated bank of the confirmed clear receipt of payment to the seller (it takes 72 hours), the seller will release the agreed amount of the BTC to the buyer´s wallet, and then the seller will send the screenshot to the buyer as proof showing that the BTC has been sent.

  • Buyer has to wait until the six {6} confirmation has been achieved and the Bitcoin {BTC} is finally sitting in buyer´s receiving wallet. Buyer will make it known to the seller by providing the screenshot of the confirmed complete transfer.

  • Seller pays commission to all involved parties according to the annexed IMFPA-[Insert Code……], and move to the next tranche until contract is exhausted.

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • 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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