Topic: How do you think the auction will affect the price, why? (Read 4433 times)
Gonna happen again!
^ Only thing clearer now is all the mined coins that have been waiting to be dumped for a few weeks will start to DUMP
If it goes below 350, it will not stop there and I can see it going below 300. Good time to buy for all those who believe in this.
Good time to sell & buy back at least 100$ cheaper... Ride the wave down... However low it goes!
Its if it happens. It may also hold above 350 in which case it would be foolish to sell.
It will become clearer now that the uncertainty regarding the auction is over.
Let's not forget that we won't receive any information at all concerning the auction:
I am pretty sure, there are some bitcoiners out there, who will research, who got the bitcoin, since the bitcoin ledger is public and you can't really hide such large sums.Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
Say that to the person with all the 10,000BTC wallets... Next week we will be down big time
The suspense..
..
Is killing me!
..
Is killing me!
i guess all we can do now is wait and see
How do you think the auction will affect the price, why?
I think we will see a fall to sub $350 then a pump to $450.
I think we will see a fall to sub $350 then a pump to $450.
Really depend on the final bid of the price and how market perceived the auction.
Let's not forget that we won't receive any information at all concerning the auction:
Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
i hope that there will be somebody trusted who placed a bid and lost, sharing what he has bidden. this way we know a minimum price per coin.
...how it affects the price... hard to say, i dont expect a big move yet... there is still the second auction. biders who lost will wait and bid again.
At the end I don't think the auction will affect the price of bitcoin , but maybe I'm wrong... let see what will happen .
Probably a small uptick in the price. There are still plenty of whales who want in without slippage.
Look at the ~25k BTC bought by a big whale last month in the BIT. Dollar cost averaged in for 2.5 million every week.
Look at the ~25k BTC bought by a big whale last month in the BIT. Dollar cost averaged in for 2.5 million every week.
Not plenty of whales, just a couple who own extremely large stashes of bitcoins and/or fiat.
Feds cannot control how much bidders offer. They will have sell to the highest bidder. How can they sell them as cheaply as they can?
They could accept the low offer they get and since no one knows about the specifics, they could say that the offer they accepted was the highest when in fact it wasn't..
Satoshi is mortal. Say what you will, but almost nobody is throwing away that much money. Do people here really expect his coins to never be sold or used for their intended purpose [currency]? Is that realistic or just wishful thinking? Sure, maybe not this year, or next year, but someday it will happen. Until it does, his coins will remain a question mark scarring the decentralization of Bitcoin.
Like you said, Satoshi is mortal.
As such, there is a reasonable chance that he is already dead and failed to notify is friends or family about his creation and his private keys. Therefore, it is quite possible that those bitcoins will never be moved at all.
I think it is possible he is dead but highly unlikely. I think he still is around and still involved in the bitcoin ecosphere.
Let's not forget that we won't receive any information at all concerning the auction:
I am pretty sure, there are some bitcoiners out there, who will research, who got the bitcoin, since the bitcoin ledger is public and you can't really hide such large sums.Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
What will that research tell you, other than "coin has moved from US Marshals address to other addresses"? At best, you'll learn if all the coin was sold to a single bidder, or to multiple. How would
I never said anything about bid amounts.
Let's not forget that we won't receive any information at all concerning the auction:
I am pretty sure, there are some bitcoiners out there, who will research, who got the bitcoin, since the bitcoin ledger is public and you can't really hide such large sums.Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
What will that research tell you, other than "coin has moved from US Marshals address to other addresses"? At best, you'll learn if all the coin was sold to a single bidder, or to multiple. How would
Let's not forget that we won't receive any information at all concerning the auction:
I am pretty sure, there are some bitcoiners out there, who will research, who got the bitcoin, since the bitcoin ledger is public and you can't really hide such large sums. Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
Let's not forget that we won't receive any information at all concerning the auction:
Quote
6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results.
Probably no reaction this time since the last time was a big disappointment.
Basically buy the rumor and sell the news.
Basically buy the rumor and sell the news.
I'm not buying it, sorry. I see no reason why the coins will sell at a level that would make arbitrage profitable. Any bidder who allows another bidder to outbid them at a price where arbitrage is profitable is a fool.
This isn't a ebay auction bro it's a sealed envelope auction. You put your bid in and they see who really wanted it bad enough. Last idiot who overpaid JUST to make sure they win ALL the coins was Tim Draper and that retard is down millions!
I mean seriously, maybe he just had the confidence, that they will be worth more in the future and didn't care, if he payed too much in today's terms.
You're missing the point bro... NOBODY in the bitcoin game does their own research or due diligence (hence the wild emotional swings the market has)
This is why nobody here even has any clue how these coins are sold. You fool's hear auction & act like you know what you are talking about.
Look deeper, do you research, check out if bitcoin is sustainable FOR YOURSELF not what mad bitcoins & coin desk says. Be serious guys, This is worse than the housing crisis.
SCAMS, FRAUD! That is all I see here, the government wants nothing to do with this soon to be worthless digital junk.
Something is already coming out to replace bitcoin & it is far from apple pay. Technology always evolves guys that's how we got bitcoin.
Move on. It's over. Wake up now while you still have a chance.
You have been warned.
I'm not buying it, sorry. I see no reason why the coins will sell at a level that would make arbitrage profitable. Any bidder who allows another bidder to outbid them at a price where arbitrage is profitable is a fool.
This isn't a ebay auction bro it's a sealed envelope auction. You put your bid in and they see who really wanted it bad enough. Last idiot who overpaid JUST to make sure they win ALL the coins was Tim Draper and that retard is down millions!
I mean seriously, maybe he just had the confidence, that they will be worth more in the future and didn't care, if he payed too much in today's terms.
You're missing the point bro... NOBODY in the bitcoin game does their own research or due diligence (hence the wild emotional swings the market has)
This is why nobody here even has any clue how these coins are sold. You fool's hear auction & act like you know what you are talking about.
Look deeper, do you research, check out if bitcoin is sustainable FOR YOURSELF not what mad bitcoins & coin desk says. Be serious guys, This is worse than the housing crisis.
SCAMS, FRAUD! That is all I see here, the government wants nothing to do with this soon to be worthless digital junk.
Something is already coming out to replace bitcoin & it is far from apple pay. Technology always evolves guys that's how we got bitcoin.
Move on. It's over. Wake up now while you still have a chance.
You have been warned.
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