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OTCbid - MicroStrategy CEO On Buying Bitcoin While Trillions 'Melting' In Treasuries




" Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s investment was “not a bet” – and claimed that big-business players may turn to crypto out of a “fiduciary obligation” not to allow cash holdings dwindle away while fiat inflation rockets, undaunted by volatility issues.

Speaking on Anthony Pompliano’s Pomp Podcast, Saylor remarked that the firm’s executive board decided to back the decision rather than hang onto it “for a rainy day.”

One of fund managers’ and institutional investors’ biggest bugbears when it comes to BTC has always been volatility, but Saylor claimed that larger-scale investors do not share the same sort of concerns on this matter as day-traders – and even claimed that bigger investors could play a key role in boosting BTC stability. " - Read Full Article


Source: Cryptonews





15K-250K+ BTC SELLER FROM CANADA

From -4% Gross To -8% Gross, B2B, Canada

Look For Buyer Mandate Only - OTCbid.com

Buyer Mandate Only

NEW: 15K-250K+ BTC from -4% Gross, -2% Net to -8% gross, -5% net, B2B, Canada - Look For Buyer

(Seller : TS VA)

Post: 18.9.2020

​​

  • A seller has 15K-250K+ BTC from -4% gross, -2% net to -8% gross, -5% net

  • Buyerside = 1-1.5%

  • Sellerside = 1-1.5%

  • A. 5K-34K : -4 % / -2 % (first tranche min. 5k BTC)

  • B. 35K-49K : -6 % / -3 % (first tranche min. 35k BTC to receive -3 % net)

  • C. 50K+ : -8 % / -5 % (first tranche 50k BTC to receive -5 % net)

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

PROCEDURES:

​​​

  • 1. 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.

  • 2. 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:

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

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

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

  • D. 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).

  • 3. 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.

  • 4. 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.

  • 5. 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.

  • 6. 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.

  • 7. 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 @ OTCbidcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com

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Trading Name: Chai Gallery

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MARTIN PLACE SYDNEY

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Disclaimer:

OTCbid does not provide any financial advice, financial products or services. Bitcoin is not a financial product. According to ASIC, Bitcoin does not fit within the current legal definition of a financial product in Australia.

 

We match Bitcoin buyers and sellers worldwide. We coordinate large volume of these trades involving buyers/sellers who have accounts with reputable banks and institutions to make sure their clients are fully verified and abiding by regulations.

 

OTCbid desk deals involves extreme high risk with big whale bitcoin speculators and market price volatility that can contribute to an adverse effect on any investment in crypto assets. You should be capable of evaluating market volatility, the merits and risks of the investment. We advice you always do your own due diligence on bitcoin OTC desk deals of buyers and sellers or seek independent expert advice on what to invest on OTC desk deals, and be prepare to face the potential risk of losing your entire investment portfolios. Always invest the amount that you can afford to loss.

Our OTCbid desk deals should not be interpreted as an endorsement of each OTC deal. This platform is not a trading investment advice or any recommendation to trade. You trade at your own risk as cryptocurrency OTC deals are speculative, complex and involve significant risks. Always engage your own independent crypto expert advice, before relying information on this platform. You should also verify your own trading deals including its legal status and relevant regulatory requirements as part of trading strategies. Lastly, always conduct your own due diligence to protect traders from the wide variety of scams and schemes that target OTC trades daily.

*Disclaimer: All contents here are for educational/information purposes only and should not be considered investment or trading advice.

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