Alert!!! Auction Again!!! What do you think? - page 3.

DeboraMeeks

hero member

Activity: 588

Merit: 500

Quote from: neoneros on March 05, 2015, 08:46:19 AM

If you want to know the effect, check what happened the first two auctions.

Only thing it contributes so far is some press coverage in the mainstream media.

I think I have already given my opinion on this through the below mentioned statement... Wink

Quote from: DeboraMeeks on March 05, 2015, 08:44:02 AM

I highly doubt that there are people (whales) sitting currently thinking more of harming the price of BTC instead of giving it some support, as if these coins are sold and dumped, then that would be a better opportunity for many whales to get in again at very low prices as panic sell will be the obvious scene.

The only thing I saw was, dump first and a bit pump later on, still it harms the price of BTC a lot due to people selling in panic, as I have seen everyone selling on news.

neoneros

sr. member

Activity: 462

Merit: 250

I can draw your avatar!

If you want to know the effect, check what happened the first two auctions.

Only thing it contributes so far is some press coverage in the mainstream media.

DeboraMeeks

hero member

Activity: 588

Merit: 500

Quote from: newIndia on March 05, 2015, 08:40:40 AM

These auctions do not hit the market directly. So, they are not a problem except the panic factor.

I highly doubt that there are people (whales) sitting currently thinking more of harming the price of BTC instead of giving it some support, as if these coins are sold and dumped, then that would be a better opportunity for many whales to get in again at very low prices as panic sell will be the obvious scene.

newIndia

legendary

Activity: 2226

Merit: 1052

Quote from: DeboraMeeks on March 05, 2015, 06:21:16 AM

http://insidebitcoins.com/news/us-government-schedules-third-silk-road-bitcoin-auction/30012

Taking place today, 5^th March, 2015, the third seized 50,000 Bitcoins auction took place with the bidders having six hours, i.e.; 8 am to 2 pm to submit their bids.

What do you think on "how this will actually affect the price at any cost"?

Share your views on what will be the outcome after the third auction of stolen coins.

These auctions do not hit the market directly. So, they are not a problem except the panic factor.

Morenod

full member

Activity: 197

Merit: 100

QUIFAS EXCHANGE

Little drop now before the auction.

Change after will be depending on who buys these BTC.

Exther2

full member

Activity: 140

Merit: 100

Let's see, it is today, some hours later.
I think that it will not give any effect to current price.
There is too much bitcoins around so 50k only if sold at once can be a danger, but I doubt that will happen, as it would be not so smart if buyer do it. He can calm and wait for price to double so he can enjoy on at least 100% profit.

mlferro

sr. member

Activity: 252

Merit: 250

Quote from: Sarthak on March 05, 2015, 06:28:42 AM

Quote from: DeboraMeeks on March 05, 2015, 06:21:16 AM

http://insidebitcoins.com/news/us-government-schedules-third-silk-road-bitcoin-auction/30012

Taking place today, 5^th March, 2015, the third seized 50,000 Bitcoins auction took place with the bidders having six hours, i.e.; 8 am to 2 pm to submit their bids.

What do you think on "how this will actually affect the price at any cost"?

Share your views on what will be the outcome after the third auction of stolen coins.

Bitcoin Will SkyRocket Cheesy

Not skyrocket exactly but will go up!

surely this is what everyone wants. But I prefer to wait and see.

DeboraMeeks

hero member

Activity: 588

Merit: 500

Quote from: Sarthak on March 05, 2015, 06:28:42 AM

Bitcoin Will SkyRocket Cheesy

Not skyrocket exactly but will go up!

Being optimistic is good, being over-optimistic isn't, as your ego only gets hurt if the real picture that comes out what you didn't expect, just like over-confidence.

Me too currently bullish on BTC, let's see what the big guys are hodling in their bags.

Guido

legendary

Activity: 1061

Merit: 1001

i think main buyers will be funds, larger players and hodlers

all auctions have gone this way and is great news

out of hands of criminals and black market players, and out of hands of other criminals fbi and cia Grin

once all ulbricht and other silk road players coins sold at these auctions there is unlikely to ever be such things again

Sarthak

hero member

Activity: 518

Merit: 501

Error 404: there seems to be nothing here.

Quote from: DeboraMeeks on March 05, 2015, 06:21:16 AM

http://insidebitcoins.com/news/us-government-schedules-third-silk-road-bitcoin-auction/30012

Taking place today, 5^th March, 2015, the third seized 50,000 Bitcoins auction took place with the bidders having six hours, i.e.; 8 am to 2 pm to submit their bids.

What do you think on "how this will actually affect the price at any cost"?

Share your views on what will be the outcome after the third auction of stolen coins.

Bitcoin Will SkyRocket Cheesy

Not skyrocket exactly but will go up!

DeboraMeeks

hero member

Activity: 588

Merit: 500

http://insidebitcoins.com/news/us-government-schedules-third-silk-road-bitcoin-auction/30012

Taking place today, 5^th March, 2015, the third seized 50,000 Bitcoins auction took place with the bidders having six hours, i.e.; 8 am to 2 pm to submit their bids.

What do you think on "how this will actually affect the price at any cost"?

Share your views on what will be the outcome after the third auction of stolen coins.

Topic: Alert!!! Auction Again!!! What do you think? - page 3. (Read 2879 times)