OTCbid - Bitcoin baby-boomers: Coronavirus crisis is 'encouraging over-55s to invest in crypto'

" Bitcoins's price has surged from £7,051 ($9,200) to £8,580 ($11,200) over a 13 day period, at the time of writing. The incredible price rise has reignited several bullish forecasts similar to BTC's incredible 2017 performance.

And more than a fifth of those holding bitcoin comprise those of the baby boomer generation.

Baby Boomers are the richest generation in history, with one in five being millionaires and over-65s owning more than a third of UK household wealth.

n recent years, however, the rise of money printing - together with record low interest rates - has made it much harder for people to get value from their savings. " - Read Full Article



-6% Gross, -3% Net, B2B, MT103/72

Look For Buyer Mandate Only -

NEW: 35K BTC with R&E @ -6% Gross, -3% Net, B2B, MT103/72 - Look For Buyer

(Seller : PS BS)

Post: 4.8.2020

  • A seller has 35K BTC with R&E at -6% gross, -3% net

  • Buyerside = 1 % (open)

  • Sellerside = 1 % (closed)

  • Facilitator = 1% (closed)

  • First tranche = 5000 BTC

  • Subsequent tranches = tba


  • USD-provider sign agreement and send the agreement back to the seller along with a bank account statement. BTC-provider fill & sign and send it back to the USD-provider on a PDF format. The Bank of the USD-provider issue SWIFT MT199 POF to the Bank of BTC-provider

  • After the final approval of the bank account statement and SWIFT MT199, for the GUARANTEE of future BTC transactions, which will be carried out in trance, the BTC-provider sends a test micro transaction of Satoshi to establish a connection between the wallets of the BTC-provider and the USD-provider.

  • USD-provide checks the legitimacy of wallets.

  • After checking the bitcoin wallets, Bank of USD-provider issues conditional form SWIFT MT103/72 in the amount of days delivery to the details specified in clause 2.2.1 of this agreement.

  • Bank of BTC-provider together with Bank of USD-provider conducts verification and authentication of SWIFT MT103/72.

  • BTC-provider transfers bitcoins in tranches from its wallet to the wallet specified by the USD-provider.

  • The USD-provider for each tranche of bitcoins makes payment in USD to the BTC-provider by SWIFT MT103/202/TT or release unconditional Payment. The final price of bitcoins is determined by the exchange rate on the day of sending bitcoins. The USD-provider pays 97% USD for 100% of the received BTC to the bank details of the BTC-provider

  • After receiving the USD/EURO for the transferred BITCOINS, the BTC-provider pays a commission of 3% (in ratio whereas 1% consultants fee to SELLER Side (closed), 1% consultants fee to BUYER Side (open) and 1% consultants fee to Seller Facilitator Group (closed) according to the IMFPA in this agreement.

  • Further tranches are processed until the total volume of the contract is reached.


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Text Now: +1 (786) 438 2844

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