Topic: Will the final US Marshals auction produce a pump, a dump, or a flat price? - page 2. (Read 1635 times)
October 05, 2015, 02:53:42 PM
The action happens off-exchange. It'd be interesting to see what price it reached but it's unlikely that such information will be disclosed. IMO it's likely that if the highest bid is lower than the bitcoin trading price we'll see a dump. People from outside of the US are allowed to bid, so it's safe to assume that someone somewhere will try to get discounted bitcoins. Surely though, this isn't going to be the easiest thing unless there's not enough interest.
October 05, 2015, 02:48:38 PM
I don't think it will have much of an effect. Seeing these auctions are off exchange and the buyers probably will not dump below their purchase price right away (unless they get them much cheaper ofcourse..)
I expect a pump from the Gemini launch and a flat line from this, so net we will see a nice climb if launch is smooth.
I expect a pump from the Gemini launch and a flat line from this, so net we will see a nice climb if launch is smooth.
October 05, 2015, 02:09:56 PM
Will the final US Marshals auction produce a pump, a dump, or a flat price?
http://www.usmarshals.gov/assets/2015/dpr-bitcoins/
If the Gemini launch was any other time I would expect a pump from it, and if the auction was any other time I would expect a pre-auction dump from it. The announcement of the two upcoming events on the same day has left me confused. Will they counteract each other and leave the price unmoved, do we get a pump, a dump, or both?
http://www.usmarshals.gov/assets/2015/dpr-bitcoins/
Quote
Online Auction Period
Date: Thursday, November 05, 2015, from 8:00am EST to 2:00pm EST
Date: Thursday, November 05, 2015, from 8:00am EST to 2:00pm EST
If the Gemini launch was any other time I would expect a pump from it, and if the auction was any other time I would expect a pre-auction dump from it. The announcement of the two upcoming events on the same day has left me confused. Will they counteract each other and leave the price unmoved, do we get a pump, a dump, or both?
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