Topic: Is the rumor about the latest 50,000 BTC auction true? - page 3. (Read 3906 times)
Maybe they don't trust the current exchange sites. Especially if they are hedge funds/mutual funds/etc. dealing with other ppl's money. And maybe they're so bullish that they're buying from exchange sites too.
So coindesk confirms the 30% over market price?
I don't get it, why would people buy it above market price? Might as well just buy it from exchange site.
So coindesk confirms the 30% over market price?
I heard even the bidders don't know the result until tomorrow, so your rumor is probably false.
One can easily, slowly buy 50k in the market without raising the price 30%, they don't need to do so in the auction. Personally i believe auctioned coins would be sold at lower price than the market.
One can easily, slowly buy 50k in the market without raising the price 30%, they don't need to do so in the auction. Personally i believe auctioned coins would be sold at lower price than the market.
lets see you can deposit several million into an exchange and buy online or buy through the government.... easily worth a premium to buy from a trusted seller like the US govt over BitTramp
That can't be true 30% is way too much high ,the news isn't confirmed yet , so it might be just a Rumour
Yes , that does gaurantee the trust and that they will not loose it , but even if they decide to buy from exchange , they can buy in steps and save that , 30% is way to high to believe it !
They always sell for above market price. Same would happen if you tried to buy 50,000 BTC from an exchange. The benefit here is you are buying from the US government, so you don't have to worry about trusting some startup company with millions of your dollars.
Yes , that does gaurantee the trust and that they will not loose it , but even if they decide to buy from exchange , they can buy in steps and save that , 30% is way to high to believe it !
They always sell for above market price. Same would happen if you tried to buy 50,000 BTC from an exchange. The benefit here is you are buying from the US government, so you don't have to worry about trusting some startup company with millions of your dollars.
Yes they do, along with the trust, they won't be driving the price up while buying. But 30% is still a big amount that will be charged extra.
Yes, but the rumor was based on a low ranking account here saying "anonymous source confirms". He's not speculating, he's saying he knows it's a fact because his highly placed "source" has confirmed it. Yeah right.
They always sell for above market price. Same would happen if you tried to buy 50,000 BTC from an exchange. The benefit here is you are buying from the US government, so you don't have to worry about trusting some startup company with millions of your dollars.
It's quite possible.
Buying seized bitcoins creates prestige for the buyer, also it comes with some perks,
for instance; "US Government Launders Dark Money". Imagine how hilarious is that (US Government launders money for you).
Buying seized bitcoins creates prestige for the buyer, also it comes with some perks,
for instance; "US Government Launders Dark Money". Imagine how hilarious is that (US Government launders money for you).
That it was sold 30% (!!!) above market price? Could someone find any news links or any person from say CoinDesk confirm this?
Rumor only for now:
https://twitter.com/CryptoKees/status/573577241235423232
No confirmation from any news source yet.
...
Why would anyone trust this?
The Sparood bitcointalk account links to the twitter account that the rumor came from (https://twitter.com/cryptokees)
https://bitcointalksearch.org/topic/m.7889951
He's not even a senior member.
The link in his tweet unshortens to http://www.coindesk.com/third-usms-bitcoin-auction-bidder-interest/ which makes no mention of 30% above market price.
Everything is based on the word of a full member account who was promoting a shitcoin like plankton.
That it was sold 30% (!!!) above market price? Could someone find any news links or any person from say CoinDesk confirm this?
It is what it is friend it was a rumor but it could well be around that % either over or under lol If they wanted to sell 50k then the seller would have to give them a good deal as selling 50k would lose some of the value as well as if you buy 50k it will raise the price, the rumors are just common sense.
I don't know if we will know it but I don't see it so difficult it is not a high price for that huge amount of bitcoin,that would be pretty difficult to get
That it was sold 30% (!!!) above market price? Could someone find any news links or any person from say CoinDesk confirm this?
Noone can confirm since its just rumors started by people owning bitcoins and trying to increase the price.
Its in the hands of the participants now to manipulate the market a bit, since they are the only ones knowing the truth.
cheers
This is the more moving piece of rumor/news though:
https://twitter.com/btcchina/status/573574299455455234
No one moves Bitcoin quite like China does...
https://twitter.com/btcchina/status/573574299455455234
No one moves Bitcoin quite like China does...
That's a misleading tweet, the linked article was just "opinion" of a guy who invested in BTC. There is no official things from government. I thought BTCchina misunderstood "lawyer" to "law maker".
Yea, it's an old linked article an all, but you know speculators look at anything to get insider scoop.
Any tweet from a half way legit source, and they take it as gospel without real confirmation.
You know the saying...BUY THE RUMOR!
This is the more moving piece of rumor/news though:
https://twitter.com/btcchina/status/573574299455455234
No one moves Bitcoin quite like China does...
https://twitter.com/btcchina/status/573574299455455234
No one moves Bitcoin quite like China does...
That's a misleading tweet, the linked article was just "opinion" of a guy who invested in BTC. There is no official things from government. I thought BTCchina misunderstood "lawyer" to "law maker".
That it was sold 30% (!!!) above market price? Could someone find any news links or any person from say CoinDesk confirm this?
Rumor only for now:
https://twitter.com/CryptoKees/status/573577241235423232
No confirmation from any news source yet.
This is the more moving piece of rumor/news though:
https://twitter.com/btcchina/status/573574299455455234
No one moves Bitcoin quite like China does...
I heard even the bidders don't know the result until tomorrow, so your rumor is probably false.
One can easily, slowly buy 50k in the market without raising the price 30%, they don't need to do so in the auction. Personally i believe auctioned coins would be sold at lower price than the market.
One can easily, slowly buy 50k in the market without raising the price 30%, they don't need to do so in the auction. Personally i believe auctioned coins would be sold at lower price than the market.
Really?
It is not possible！
It is not possible！
That it was sold 30% (!!!) above market price? Could someone find any news links or any person from say CoinDesk confirm this?
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