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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27139. (Read 26711566 times)

hero member
Activity: 910
Merit: 1003
If it's a list of all those who sent emails for further information then why am I not on this list? 
Well, the USMS note says "some of the individuals who"
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Poll results are crap would you buy 1 eur for 1 eur and 10 cents... ok now you will say btc is not eur... ok than I suggest that US Marshals keep buyin btc on exchanges and keep sellin it to moron bidders for 10% profit on every auction... cause btc they sell are clean and so shiny...

It would work too.  It's seigniorage.  Of course you only care if you are in U.S. jurisdiction, so saying EUR is misleading.  It's only true for USD, not for EUR.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal.

You will understand, therefore, my interest in Monero.
legendary
Activity: 2170
Merit: 1094
Poll results are crap would you buy 1 eur for 1 eur and 10 cents... ok now you will say btc is not eur... ok than I suggest that US Marshals keep buyin btc on exchanges and keep sellin it to moron bidders for 10% profit on every auction... cause btc they sell are clean and so shiny...

This ... you gave me a good laugh!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market.

The premium is not for liquidity.  It is for legal coverage.

If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal.
yes, and regulators seem to understand that.

AFAIK bitcoin fungibility = 100%

aminorex meant to say the premium is for not having to deal with crappy exchanges
legendary
Activity: 1178
Merit: 1014
Hodling since 2011.®
Poll results are crap would you buy 1 eur for 1 eur and 10 cents... ok now you will say btc is not eur... ok than I suggest that US Marshals keep buyin btc on exchanges and keep sellin it to moron bidders for 10% profit on every auction... cause btc they sell are clean and so shiny...
hero member
Activity: 728
Merit: 500
Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market.

The premium is not for liquidity.  It is for legal coverage.

If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market.

The premium is not for liquidity.  It is for legal coverage.
hero member
Activity: 728
Merit: 500
Or this one:

Where will Bitcoin price be in Q3 2014:

Option 1: 10^5
Option 2: 10^6
Option 3: 10^7
Option 4: 10^8
hero member
Activity: 812
Merit: 587
Space Lord
Put up a new poll Adam:

Bullish
Option 1: Yes
Option 2: Yes
sr. member
Activity: 364
Merit: 250
Well, it seems that the list is not quite the list of bidders.  USMS clarification, quoted in the CoinDesk article:
Quote
One of the emails that we sent out this morning inadvertently showed a list of some of the individuals who have asked a question or questions about the pending bitcoin auction.
And, besides, the article says
Quote
the original intent of the email was to inform interested parties about an updated FAQ related to the bitcoin auction.
So the list of bidders may not include any of those people, and may include any number of other people. 


If it's a list of all those who sent emails for further information then why am I not on this list?  Granted I'd be upset to be publicly outed.  But I'm not there.  So I call shenanigans.  Damage control.  These are would-be bidders.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
you guys are missing the point, which is:

BUY BUY BUY !!

 Grin
legendary
Activity: 2324
Merit: 1125

Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market.


Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys.

This. But would they risk looking dumb by paying over the odds?

Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value.

Thinly traded stocks certainly do sometimes.

True.  But Bitcoin averages, what, maybe 30k trades a day across the various exchanges?  That's $18MM per day.  Not exactly thinly traded!

I consider Bitcoin thinly traded for sure.
hero member
Activity: 994
Merit: 501

Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market.


Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys.

This. But would they risk looking dumb by paying over the odds?

Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value.

Thinly traded stocks certainly do sometimes.

True.  But Bitcoin averages, what, maybe 30k trades a day across the various exchanges?  That's $18MM per day.  Not exactly thinly traded!
legendary
Activity: 2324
Merit: 1125

Wouldn't the price surge if they tried buying it on bitstamp or something.


Not if they did it slow enough. It would take a few days. I can't see anyone of that calibre sitting at their desk for a solid week pressing a button every now and then. That's why the big players buy from miners and large holders. No messing and the price is set.

Yes it would.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

Wouldn't the price surge if they tried buying it on bitstamp or something.


Not if they did it slow enough. It would take a few days. I can't see anyone of that calibre sitting at their desk for a solid week pressing a button every now and then. That's why the big players buy from miners and large holders. No messing and the price is set.
legendary
Activity: 2324
Merit: 1125

Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market.


Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys.

This. But would they risk looking dumb by paying over the odds?

Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value.

Thinly traded stocks certainly do sometimes.
hero member
Activity: 994
Merit: 501

Not a chance a premium will be paid.  Care to place a small wager? Wink  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market.


Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys.

This. But would they risk looking dumb by paying over the odds?

Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value.
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