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OTCbid - Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin



" Adding his sonorous voice to the chorus of renowned investors talking about bitcoin(BTC, -1.19%) recently, hedge fund manager Stanley Druckenmiller stated on a CNBC interview this week that he believed bitcoin could perform better than gold.

“I own many, many more times gold than I own bitcoin, but frankly if the gold bet works, the bitcoin bet will probably work better because it’s thinner and more illiquid and has a lot more beta to it.“

This is worth diving into a bit, because the statement is good news for the industry, but it is not the bullish affirmation that it initially seems.

This is not Druckenmiller saying that bitcoin has a better value proposition than gold, or that it has a harder cap or that decentralization is the way to go. " - Read Full Article


Source: Coindesk




100K+ BTC BUYER IN HK AVAILABLE

-6% Gross , -3% Net, Escrow Law Firm, Hong Kong

Look For Seller Mandate Only - OTCbid.com


NEW: 100K+ BTC @ -6% gross, -3% net, B2B, Escrow, HK, London - Look For Seller

(Buyer: UC BN)

Post: 16.11.2020​

  • Real Buyer from HK wants to purchase 50K-100K+ BTC at -6% gross, -3% net

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • First tranche = 1000 BTC 

  • Daily tranche = 3000 ВТС.

  • Buyer agrees to buy not less than $ 500 million USD worth of BTC

  • PROCEDURE:

  • CIS, Satoshi, KYC, POF, POC

  • Buyer will send POF after Satoshi

  • After Satoshi, Buyer will order his lawyer to find BTC Escrow company in London which have Insurance for 1k BTC.

  • 1. After signing the contract:

  •  a) Seller must confirm the balance of the wallet: 

  •  * or send satoshi to the e-wallet of Buyer 

  •  * or transfer 1000 BTC to your new e-wallet, fixing the transfer on video;

  •  b) Buyer must provide:

  •  * an account statement confirming the balance of at least 80 million USD.

  •  * Address and name of Escrow Lawyer in London

  • 2. Seller must confirm the work with an Escrow Attorney and provide all the necessary information to prepare an Escrow contract.

  • 3. Buyer must provide Seller with the Draft of Escrow Contract for agreement with its lawyers;

  • 4. Seller (with the presence of Buyer) signs an Escrow Contract in London;

  • 5. The Escrow Advocate registers the Escrow wallet and Seller transfers 3000 BTC to the wallet. The weekly volume must be at least 18,000 BTC;

  • 6.  Buyer transfers investment funds at the direction of the Escrow Advocate to the specified bank details;

  • 7.  After the payment is credited to the bank account of Seller, the Escrow Advocate transfers the BTC to Buyer and pays the commission in BTC to all commission agents.

  • BUYER'S BANK:

  • HSBC Bank Hong Kong 

  • CITIC Bank Hong Kong

  • RHD Bank Singapore

SELLER MANDATE ONLY

Interested parties should contact :

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