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Topic: [2014-11-18] Bloomb: Bitcoin Auction - Draper to Bid Again in December (Read 5005 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this  Cheesy

This was the reason the price dipped prior to the last auction. People weren't sure that "holders" will be taking part in the auction.  Smiley

people like Draper and Silbert are big believers with a good view in the future. sure they are hodlers and creators.
legendary
Activity: 1582
Merit: 1064
This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this  Cheesy

This was the reason the price dipped prior to the last auction. People weren't sure that "holders" will be taking part in the auction.  Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this  Cheesy
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
The current fiat system will fail this generation , and bitcoin is a logical repalcement.
sr. member
Activity: 378
Merit: 250
Would be interested to see where this would put him as a % of btc ownership.
legendary
Activity: 1582
Merit: 1064
This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.
hero member
Activity: 658
Merit: 500
If i'm as rich as him, i will buy all those coins from FBI.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Bitcoin Auction Winner Draper to Bid Again in December

Venture capitalist Tim Draper, the sole winner in a June auction of about 30,000 bitcoins, said he plans to bid again when the U.S. government sells an even bigger cache of the virtual currency next month.

http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html


thats a true BTC believer  Cheesy
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