Will the US Marshals 50K bitcoin auction in March crash the price?

gentlemand

legendary

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Welt Am Draht

Quote from: elephantas1 on February 18, 2015, 01:37:39 PM

is it possible to buy coins cheaper on those auctions or it isnt worth tryng?

A SecondMarket syndicate got most of them last time. It was made up of several investors. I dunno how many were big swinging dicks, but it's worth asking. Most have guessed that they went for sub the market price.

elephantas1

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is it possible to buy coins cheaper on those auctions or it isnt worth tryng?

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

The first one gave quite a few people the willies. The last one didn't seem to have much or any effect. It'll be the same for this.

above1000

newbie

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''Wow'' wonder what Tim draper will be doing

basic-lee if it splits into smaller holders it would be better
rather than one kat getting all the coins
this way the for-chin is diversified , split up among a lot of people
or bidders , making the potential for the coins to go more liquid
and back into the economy as they will sell off at different times
at different prices,. Ross shore was holding a bunch ,
and all and all, a -tun- of people are sitting on coins. a-waiting
the next rise ? (maybe the HALF-ING?).. if one person gets all the coins they could sit on
them for a untold time and dimension like Tim draper may be as he bought in around 650 = price ,.

send this thing to the moon all ready or above $1000
its jest you will need a major frenzy!
maybe HALF-ing
a lot of buying selling trading e.c.t.
holding seems to stagnate the price ?
MT GOX manipulated the market
someone get there hands on this technology
and drive the price skyward as MT GOX did , china , e.c.t.....
peace ,,...

brg444

hero member

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Bitcoin replaces central, not commercial, banks

Did the previous auctions crash the price Huh

fonzie

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Moderator

200$ won´t hold this time. I wonder if 100$ will Undecided

readysalted89

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Will the US Marshals 50K bitcoin auction in March crash the price?

http://www.coindesk.com/us-marshals-auction-50000-bitcoins-march/

The US Marshals service has announced it will auction off 50,000 BTC, worth 11.85m at press time, to the public on 5th March.

The auction will take place from 8:00 EST to 14:00 EST, with bids being accepted only by pre-registered participants. Bidders must complete the registration process by 2nd March to be eligible, while winning bidders will be notified 6th March.

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