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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24141. (Read 26607973 times)

legendary
Activity: 1904
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Why do people believe that bids were around USD 400 ? these are blocks of 2 and 3 k. if I were to buy one block I would rather look for a discounted bid of at least 5 percent, otherwise i could buy them on exchange. in addition if i knew that there are only 11 bidders, which implies a low demand i would add another 5 percent...

i guess i should have worded the poll "I believe wish the FBI 50K coins sold at an avg. price of:"
legendary
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hero member
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🐺Dogs for President🐺
sr. member
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Why do people believe that bids were around USD 400 ? these are blocks of 2 and 3 k. if I were to buy one block I would rather look for a discounted bid of at least 5 percent, otherwise i could buy them on exchange. in addition if i knew that there are only 11 bidders, which implies a low demand i would add another 5 percent...
sr. member
Activity: 378
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Out of topic but for our russian friend



Your Russian friend is a US citizen Smiley

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner


11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.

yes but remember what happened last time you tried to be a hero and grab shit tons of ammo in order to support lower prices?

this time its different.
hero member
Activity: 798
Merit: 1000


11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.

I agree
We know that at least 3 of those 11 bidders are syndicates, and it makes zero sense to join a syndicate to bid for a block of 2 or 3k coins above market as you can easily buy them on exchange in that quantity. So that leaves 8 potential serious bidders.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1106
Merit: 1007
Hide your women


11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺


Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.



Yeah....  TOO much mystery here...


27 bidders is very bullish

however


27 bids would be very bearish.









the wall street journal was the first to publish 27 bids

Financial times reuters says Sarah McBride was the original source.  http://blogs.reuters.com/sarah-mcbride/

http://www.reuters.com/article/2014/12/04/us-bitcoin-auction-idUSKCN0JI1FB20141204

Someone tweet her

Just in case it's bullish, got a link for billyjoejeanisnotmyson
mcdonalds.com/careers
legendary
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Out of topic but for our russian friend

legendary
Activity: 3920
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Self-Custody is a right. Say no to"Non-custodial"


Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.



Yeah....  TOO much mystery here...


27 bidders is very bullish

however


27 bids would be very bearish.







hero member
Activity: 798
Merit: 1000

http://www.reuters.com/article/2014/12/04/us-bitcoin-auction-idUSKCN0JI1FB20141204

Quote
Lynzey Donahue, a Marshals Service spokeswoman, said the government had 11 registered bidders and 27 resulting bids.


11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol
27 is defo small if it can't. If it can, fuck knows!  Cheesy

hero member
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Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.

My post was on Tzupys


arr ok.  sorry dude Smiley
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.

27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.


Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.
i had not considered that.

That's an interesting factoid.. and surely such a factoid would make a difference.  If it were true that one bid could be for multiple blocks, then 27 bids could be very bullish, on the other hand if the bids are limited to one block, then 27 bids is fairly bearish, in my humble bumble opinion.
hero member
Activity: 574
Merit: 500


Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if we go over 375.6 in the next 3 hours, all bets are off.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner


Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
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