Bitcoin Auction Results Thread! - page 4.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: chriswen on March 06, 2015, 04:56:52 PM

https://www.reddit.com/r/Bitcoin/comments/2y6ha9/second_market_failed_to_win_bitcoins_in_latest/

SecondMarket Inc. said it wasn’t among the winners of the U.S. government’s third bitcoin auction

Now if they would only be kind enough to provide honest informations regarding how high their offer was, it would be much easier to predict future movement, short term ofc.
I think the price went over the market value for sure, but there is sadly no way of knowing without publicly disclosed bids from feds, and that wont happen.

cheers

cellard

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Quote from: kashish948 on March 06, 2015, 05:32:38 PM

it usually sells at a price higher than market price.....

Im suggesting it sells at around 30% higher, they know they can make a shit ton in the long term and intelligent whales don't want to miss this opportunity.

chriswen

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https://bitcoinmagazine.com/19512/us-marshals-auction-participant-price-not-significantly-market/

Quote

According to Kardashev Capital, whose bid of $221.51 per bitcoin was approximately 17 percent under the market value of the coins as of the close of bidding on Thursday, it did not win any lots.

“While we’re disappointed to learn that we weren’t a winning bidder, I’m glad to hear that the bitcoins sold closer to or even above market price,” said Kardashev Capital partner Greg Gum.

I'm not exactly surprised his bid didn't get filled.

kashish948

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it usually sells at a price higher than market price.....

chriswen

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https://www.reddit.com/r/Bitcoin/comments/2y6ha9/second_market_failed_to_win_bitcoins_in_latest/

SecondMarket Inc. said it wasn’t among the winners of the U.S. government’s third bitcoin auction

manselr

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Quote from: Brewins on March 06, 2015, 12:20:42 PM

Quote from: BillyBobZorton on March 06, 2015, 11:38:29 AM

I don't think we'll get any insider information unless someone that's bidding (a whale) wants to step on his own leg by leaking information. So don't expect much information on this.

even if some whale says the price we will never know the truth.

I doubt US gov would confirm or deny any info about it

If a whale says the price the whale is probably playing reverse psychology to scam us all anyway.

Brewins

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Quote from: BillyBobZorton on March 06, 2015, 11:38:29 AM

I don't think we'll get any insider information unless someone that's bidding (a whale) wants to step on his own leg by leaking information. So don't expect much information on this.

even if some whale says the price we will never know the truth.

I doubt US gov would confirm or deny any info about it

bri912678

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We never found out what anyone paid in the previous auctions. I only found one losing bidder who disclosed what he bid in the first auction. Tim Draper refused to say what he paid. I don't expect any difference for this auction, although I expect people will be stating it's a fact the winners paid x dollars without anything to prove it.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: BillyBobZorton on March 06, 2015, 11:38:29 AM

I don't think we'll get any insider information unless someone that's bidding (a whale) wants to step on his own leg by leaking information. So don't expect much information on this.

Exactly, you can get reliable and official informations because its not disclosed for the public, and if there is some sort of leak of information,
it will probably be from buyers side. Since i dont believe in coincidences, if the leak happens and it seams very positive, im selling as soon as the suckers who believe it raise the price.Same goes Vice-versa.

cheers

BillyBobZorton

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I don't think we'll get any insider information unless someone that's bidding (a whale) wants to step on his own leg by leaking information. So don't expect much information on this.

chriswen

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http://www.reuters.com/article/2015/03/05/us-bitcoin-auction-idUSKBN0M11WJ20150305

Quote

Billionaire venture capitalist Tim Draper said he would be a bidder. "Probably the best deal anyone will get," said Draper on Thursday in an email to Reuters.
SecondMarket, owned and founded by Barry Silbert, won the bidding for 48,000 bitcoins auctioned in December. Silbert told Reuters that SecondMarket would participate in Thursday's auction, but his firm has not created a syndicate for the sale.
Pantera Capital, an investment fund founded by Dan Morehead, a former senior executive at hedge fund Tiger Management, said in its newsletter it is also participating and has formed a syndicate for the auction.

http://www.bloomberg.com/news/articles/2015-03-05/secondmarket-among-bidders-in-third-silk-road-bitcoin-auction

Quote

Some 14 participants submitted 34 bids

Draper said he didn't participate in the bidding.

https://www.reddit.com/r/Bitcoin/comments/2y6ha9/second_market_failed_to_win_bitcoins_in_latest/

Quote

SecondMarket Inc. said it wasn’t among the winners of the U.S. government’s third bitcoin auction

https://bitcoinmagazine.com/19512/us-marshals-auction-participant-price-not-significantly-market/

Quote

According to Kardashev Capital, whose bid of $221.51 per bitcoin was approximately 17 percent under the market value of the coins as of the close of bidding on Thursday, it did not win any lots.

“While we’re disappointed to learn that we weren’t a winning bidder, I’m glad to hear that the bitcoins sold closer to or even above market price,” said Kardashev Capital partner Greg Gum.

https://twitter.com/josephfcox/status/575359795991023617

Quote

[US Marshals press] The three winning bidders in the US Marshals Bitcoin auction won quantities totaling 27,000 , 20,000 and 3,000 bitcoins. The Bitcoin transfers to the winners have been completed

http://www.coindesk.com/bitcoin-exchange-itbit-us-marshals-auction-win/

Quote

itBit is reporting it successfully secured 3,000 BTC

Winners:

Nice graph of the three winners.

It seems like the 27k was to a syndicate that was split up into 2k, 14k, 5k, 6k.

It seems that the syndicate was Cumberland Mining.

Topic: Bitcoin Auction Results Thread! - page 4. (Read 5019 times)