That would explain the price rise today. I truly expected a drop in prices today. We need more auctions. 
Not necessarily auctions, but more Wall St. participation
Topic: FBI U.S. Marshals Auction Prices Leaked! (Bullish) - page 6. (Read 10913 times)
Not necessarily auctions, but more Wall St. participation
That would explain the price rise today. I truly expected a drop in prices today. We need more auctions.
OP appears to be mis-informed or at least did not take Thomas Jefferson's advice about not believing everything you read on the internet
Of course, I read these on the internet too, but they look legit to me so...
1 - http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630
2, 3 & 7 - https://twitter.com/barrysilbert/status/483692873855299584
So, we know not Pantera and not SecondMarket - hence OP info dis-proven.
Also know not Bill Lee (https://twitter.com/westcoastbill/status/483688433177485312) - he thought it was Mt. Gox auction
or Alex Waters / CoinApex (http://www.reddit.com/r/Bitcoin/comments/29hxs7/i_lost/) (Bid was under market - apparently $400-$500)
That's all I got for now
Posted from Bitcointa.lk - #H7dwmZKDXQYoqjIe
http://redd.it/29geoq
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Of course, I read these on the internet too, but they look legit to me so...
1 - http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630
2, 3 & 7 - https://twitter.com/barrysilbert/status/483692873855299584
So, we know not Pantera and not SecondMarket - hence OP info dis-proven.
Also know not Bill Lee (https://twitter.com/westcoastbill/status/483688433177485312) - he thought it was Mt. Gox auction
or Alex Waters / CoinApex (http://www.reddit.com/r/Bitcoin/comments/29hxs7/i_lost/) (Bid was under market - apparently $400-$500)
That's all I got for now
Posted from Bitcointa.lk - #H7dwmZKDXQYoqjIe
Your research showed that OP is FOS and Pantera, SecondMarket, Bill Lee, CoinApex are all lowballers looking for a steal. Thanks!
Just for fun I fired off a FOIA request, it was actually very painless, fun and free. I have no idea how long these things take but I expect by the time I get the requested information it will be moot.
OP appears to be mis-informed or at least did not take Thomas Jefferson's advice about not believing everything you read on the internet
Of course, I read these on the internet too, but they look legit to me so...
1 - http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630
2, 3 & 7 - https://twitter.com/barrysilbert/status/483692873855299584
So, we know not Pantera and not SecondMarket - hence OP info dis-proven.
Also know not Bill Lee (https://twitter.com/westcoastbill/status/483688433177485312) - he thought it was Mt. Gox auction
or Alex Waters / CoinApex (http://www.reddit.com/r/Bitcoin/comments/29hxs7/i_lost/) (Bid was under market - apparently $400-$500)
That's all I got for now
Posted from Bitcointa.lk - #H7dwmZKDXQYoqjIe
http://redd.it/29geoq
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Of course, I read these on the internet too, but they look legit to me so...
1 - http://www.reuters.com/article/2014/06/30/usa-bitcoin-auction-idUSL2N0PB2JN20140630
2, 3 & 7 - https://twitter.com/barrysilbert/status/483692873855299584
So, we know not Pantera and not SecondMarket - hence OP info dis-proven.
Also know not Bill Lee (https://twitter.com/westcoastbill/status/483688433177485312) - he thought it was Mt. Gox auction
or Alex Waters / CoinApex (http://www.reddit.com/r/Bitcoin/comments/29hxs7/i_lost/) (Bid was under market - apparently $400-$500)
That's all I got for now
Posted from Bitcointa.lk - #H7dwmZKDXQYoqjIe
These numbers could be high - but with a sealed bid auction I expect the winning bid would be higher than market value, probably by a considerable amount.
We should be able to tell how high they bid by looking at the market value of bitcoin over the week, since I suppose that those who did not win the auction will go ahead and buy bitcoin at their bid price to soothe their loss (presuming they bit above market value).
It should be actually. The market is catching on though. We should be able to tell how high they bid by looking at the market value of bitcoin over the week, since I suppose that those who did not win the auction will go ahead and buy bitcoin at their bid price to soothe their loss (presuming they bit above market value).
Quote
i hardly doubt prices in the auction were that high.
I think this is what is known as tortured syntax.
It doesn't seem true to me, but then again, if one were to buy 3k coins all at once, it would drive the price sky high, so ya never know.
and the fact that u cant know is exactly the thing theyre exploiting now with those prices.
i hardly doubt prices in the auction were that high.
These numbers could be high - but with a sealed bid auction I expect the winning bid would be higher than market value, probably by a considerable amount.
We should be able to tell how high they bid by looking at the market value of bitcoin over the week, since I suppose that those who did not win the auction will go ahead and buy bitcoin at their bid price to soothe their loss (presuming they bit above market value).
We should be able to tell how high they bid by looking at the market value of bitcoin over the week, since I suppose that those who did not win the auction will go ahead and buy bitcoin at their bid price to soothe their loss (presuming they bit above market value).
great news! also newsbtc reports:
42 bidders, 186 bids, 48k BTCs worth of bids for 29k BTCs
I suspect from these numbers one could take an educated guess about the amount per btc, right? maybe someone with a mind for arithmetic can take a look but it seems to me that if 186 bids were made by 42 ppl thats 4~5 bids per person, or each coin had 1.5~ bids each on avg... in that case, 48k / 1.5 would be 32k = 3k more than 29k, so each coin was won at 10% more than market... i made a mistake somewhere in there right? lol
http://newsbtc.com/2014/06/30/us-mar...tcoin-auction/
Yep, that means this price did NOT win any of the auction blocks:
$670
great news! also newsbtc reports:
42 bidders, 186 bids, 48k BTCs worth of bids for 29k BTCs
I suspect from these numbers one could take an educated guess about the amount per btc, right? maybe someone with a mind for arithmetic can take a look but it seems to me that if 186 bids were made by 42 ppl thats 4~5 bids per person, or each coin had 1.5~ bids each on avg... in that case, 48k / 1.5 would be 32k = 3k more than 29k, so each coin was won at 10% more than market... i made a mistake somewhere in there right? lol
http://newsbtc.com/2014/06/30/us-mar...tcoin-auction/
Yep, that means this price did NOT win any of the auction blocks:
$670
It doesn't seem true to me, but then again, if one were to buy 3k coins all at once, it would drive the price sky high, so ya never know.
great news! also newsbtc reports:
42 bidders, 186 bids, 48k BTCs worth of bids for 29k BTCs
I suspect from these numbers one could take an educated guess about the amount per btc, right? maybe someone with a mind for arithmetic can take a look but it seems to me that if 186 bids were made by 42 ppl thats 4~5 bids per person, or each coin had 1.5~ bids each on avg... in that case, 48k / 1.5 would be 32k = 3k more than 29k, so each coin was won at 10% more than market... i made a mistake somewhere in there right? lol
http://newsbtc.com/2014/06/30/us-mar...tcoin-auction/
Alan Silbert @alansilbert
VP at GE Capital. Founder of BitPremier, the Bitcoin luxury marketplace. Bitcoin guru and evangelist.
"So basically at least USD$20MM of bitcoin buying demand went unsatisfied in the auction and will look elsewhere to buy bitcoins i.e. market"
https://twitter.com/alansilbert/status/483695027651346432
VP at GE Capital. Founder of BitPremier, the Bitcoin luxury marketplace. Bitcoin guru and evangelist.
"So basically at least USD$20MM of bitcoin buying demand went unsatisfied in the auction and will look elsewhere to buy bitcoins i.e. market"
https://twitter.com/alansilbert/status/483695027651346432
Solid lead? Believe it or not... 
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
http://redd.it/29geoq
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
http://redd.it/29geoq
https://twitter.com/barrysilbert/status/483692873855299584
$900?
Seriously?
Seriously?
Just logged on to see if prices were released...saw this thread.
What a disappointment and waste of time.
1. The word "bullshit" in this thread title is misspelled.
2. Avg purchase price of auctioned coins will be 620.
2. Avg purchase price of auctioned coins will be 620.
Is Pantera even still together? What do they want with bitcoins?
Pantera accumulates bitcoins. Thats what they do. Then they sell shares of these coins to investors. It's a fund.
Is Pantera even still together? What do they want with bitcoins?
Pantera accumulates bitcoins. Thats what they do. Then they sell shares of these coins to investors. It's a fund.
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