" As the next Bitcoin halvening is to take place in a few months (May this year), more people are beginning to talk about it and its possible impact on the price of the flagship cryptocurrency.
‘Halving is priced in correctly, markets are efficient’
The analyst PlanB believes that the halving is priced in and uses a stock-to-flow model to predict the price. However, he reckons that only 10 percent of market participants can understand this model and maths behind it.
On the chart, PlanB has used a lower figure for predicting the BTC price surge after the halving - $50,000, instead of $100,000 which is used here by many. He used monthly BTC market data in the formula." - Read Full Article
50K-70K BTC BUYER IN RUSSIA
-6% Gross . -2% Net . Escrow Lawyer . Russia
Look For Seller Mandate Only - OTCbid.com
NEW: 50K-70K BTC @ -6% Gross, -2% Net, Escrow Lawyer, Russia - Look For Seller
(Buyer: KC AM)
Russian Buyer is looking for 50K-70K BTC at -6% gross, -2% net
Budget: approx USD$350m-$490m
Direct Agent = 2%
Buyerside = 1%
Sellerside = 1%
Buyer = 2%
TRANSACTION PROCEDURE:- 1. Escrow lawyer is introduced to Seller and Buyer. 2. Escrow lawyer explains Procedure to Seller and Buyer and enters into an Escrow agreement with both Seller and Buyer setting out Escrow’s duties as below. 3. Seller sends a proof of coin (satoshi) (.00000001 of a BTC) to CDS wallet – (with signed verified message). 4. Escrow lawyer as Escrow performs KYC/AML on Seller to satisfy source of BTC, verifying ownership of BTC to Escrow lawyer’s reasonable satisfaction. 5. Escrow lawyer as Escrow provides full detail on the Seller’s BTC that is for sale to Buyer on a discrete basis. 6. Buyer effects any additional due diligence they require on the BTC. [Seller ID not revealed to Buyer. Seller ID is fully revealed to Escrow] 7. Once Buyer is happy to proceed they advise Escrow lawyer of the Buyer’s pricing structure, number of coin and frequency of trading. 8. Escrow lawyer, as Escrow, certifies to Seller that the Buyer has demonstrated the availability of clear clean funding to acquire the BTC. 9. Escrow lawyer, as Escrow, certifies to Buyer the agreed BTC availability from Seller on the agreed terms. 10. Seller agrees sale contract and Buyer agrees purchase contract setting out key commercial terms:- a. For Buyer - Escrow lawyer undertakes (as Escrow and Solicitors) to hold Buyer’s purchase monies in Client Account and to return on demand if BTC deal is not completed as agreed. b. For Seller – Escrow lawyer takes control of BTC into its own wallet and undertakes to Seller to hold BTC to their order on basis of passing to Buyer on completion of sale or return of coin to Seller if not completed. c. Escrow lawyer lodges BTC in Buyers’ wallet and releases sale proceeds to Seller. d. Seller agrees time incremented or opportunistic sales strategy for any future trading between the parties. 11. (Any Intermediary sums/commissions retained by Escrow lawyer and paid out as agreed). 12. Escrow lawyer pays intermediates.
SELLER MANDATE ONLY
Interested parties should contact:
WhatsApp : +1 786 254 6589