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Title: We're falling as of the auction? Post by: CrackedLogic on March 31, 2015, 04:40:51 PM Well a few days after that auctions seems to be as if the coins were auctioned off well below the current market rate at that time. Is it safe to say some of them - if not all- have been brutally dumped? I think so. After this, I battle to see $400 at the end of the year, I suspect some other shit to happen again.
Title: Re: We're falling as of the auction? Post by: jbrnt on March 31, 2015, 04:54:08 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges.
Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/Title: Re: We're falling as of the auction? Post by: CrackedLogic on March 31, 2015, 05:07:17 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. Title: Re: We're falling as of the auction? Post by: silkbazar on March 31, 2015, 05:11:08 PM 3k - 1BdmMnKQ417EpUngAnJCYmjYmD9Cud9iZB - itBit exchanger
20k - 1EAPKSvouAkFJWr5HuNF6wrz4fCN2FBvaY - unknown winner 27k - 1DPx2UJtwCQ3N8eGiuDoZSCB7x3rAPWcXw - Cumberland Mining & Materials LLC (Syndicate), 2k of it has been sent to 1DmSdpiMk97jv1HQYcBHYERbnh3SYm8hyA a Bitfinex Deposit Address to dump immediately US marshals next auction: 44k bitcoins Australian authorities: 24.5k bitcoins Evaluation admins: around 130k bitcoins http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/ Many other scammers: infinite k bitcoins and keep growing Title: Re: We're falling as of the auction? Post by: CrackedLogic on March 31, 2015, 05:30:43 PM 20k - 1EAPKSvouAkFJWr5HuNF6wrz4fCN2FBvaY - unknown winner Leads to this address: /199BUGp8n52xHvr3hHPTPrA96UkymrN58nSeems to be holding. Quote 27k - 1DPx2UJtwCQ3N8eGiuDoZSCB7x3rAPWcXw - Cumberland Mining & Materials LLC (Syndicate), 2k of it has been sent to 1DmSdpiMk97jv1HQYcBHYERbnh3SYm8hyA a Bitfinex Deposit Address to dump immediately US marshals next auction: 44k bitcoins Great. Definitely something I'd like to hear. They might be pushing small amounts to manipulate to what they want. Title: Re: We're falling as of the auction? Post by: Amph on March 31, 2015, 05:52:51 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation Title: Re: We're falling as of the auction? Post by: MF Doom on March 31, 2015, 06:16:25 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation hard to think 230 is the floor. no good news incoming, and it seems like the potential for bad news, ie exchanges losing/stealing money & going under, scam sites stealing money, governments cracking down on btc use is creating a lot of downward pressure. Title: Re: We're falling as of the auction? Post by: Somekindabitcoin on March 31, 2015, 06:19:18 PM You know, seeing small dumps in the 10k's worth of bitcoins, I can only imagine what 100k bitcoins or a million would do. It would probably send us to the sub zero prices.
Title: Re: We're falling as of the auction? Post by: dothebeats on March 31, 2015, 06:38:33 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation hard to think 230 is the floor. no good news incoming, and it seems like the potential for bad news, ie exchanges losing/stealing money & going under, scam sites stealing money, governments cracking down on btc use is creating a lot of downward pressure. Indeed. Downward pressure might even hit us hard in terms of prices. Weak hands and scared investors might also consider selling at a loss, thinking ahead that they may end up losing most of their investments. 230 might not be the floor that we're seeing right now, but still doing pretty good. Another opportunity to buy. And also, buying from a private seller isn't a good idea, seeing that the market price is comparably lower than the prices of what a private seller might ask. Such a manipulative market bitcoin has. Title: Re: We're falling as of the auction? Post by: 1Referee on March 31, 2015, 07:56:26 PM Well a few days after that auctions seems to be as if the coins were auctioned off well below the current market rate at that time. Is it safe to say some of them - if not all- have been brutally dumped? I think so. After this, I battle to see $400 at the end of the year, I suspect some other shit to happen again. I don't see why not. It's a simple method to make a good bit of money in a very short time. They are traders and not looking to fund the charity jar with their generosity. Title: Re: We're falling as of the auction? Post by: Amph on March 31, 2015, 07:59:25 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation hard to think 230 is the floor. no good news incoming, and it seems like the potential for bad news, ie exchanges losing/stealing money & going under, scam sites stealing money, governments cracking down on btc use is creating a lot of downward pressure. if it is not the floor, is a good wall indeed, because we are there since 3 months already, this make me think that the 230 value should hold strong enough Title: Re: We're falling as of the auction? Post by: CrackedLogic on May 07, 2015, 06:31:00 PM If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. Quote The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation hard to think 230 is the floor. no good news incoming, and it seems like the potential for bad news, ie exchanges losing/stealing money & going under, scam sites stealing money, governments cracking down on btc use is creating a lot of downward pressure. if it is not the floor, is a good wall indeed, because we are there since 3 months already, this make me think that the 230 value should hold strong enough The price of 220-250 has hit a numerous amount of times. I think bitcoin will stay around what we're currently at now. Seems as if the true price of bitcoin is 230. You know, seeing small dumps in the 10k's worth of bitcoins, I can only imagine what 100k bitcoins or a million would do. It would probably send us to the sub zero prices. I'd assume we'd go no lower than around 60-70. The dumped coins won't stay there forever and the arbitrage should lift us up. Title: Re: We're falling as of the auction? Post by: silkbazar on May 07, 2015, 06:36:06 PM Look, bitcoin dropped another 10$ in these 2 months
Title: Re: We're falling as of the auction? Post by: CrackedLogic on May 07, 2015, 06:38:47 PM Look, bitcoin dropped another 10$ in these 2 months The average seems to be back up to about 238 fortunately. I have a feeling it's going to drop back down to round about 225 again in about a few days time. Title: Re: We're falling as of the auction? Post by: silkbazar on May 07, 2015, 06:53:04 PM Look, bitcoin dropped another 10$ in these 2 months The average seems to be back up to about 238 fortunately. I have a feeling it's going to drop back down to round about 225 again in about a few days time. How is that? GBTC is showing overprice buy off. We are on the way dropping back to 230$ already. Title: Re: We're falling as of the auction? Post by: CrackedLogic on May 07, 2015, 06:58:16 PM Take a look at this https://bitcoinaverage.com/#USD.
I'm actually using a ticker called "bitcoin checker" in my android device, it updated me every 2 minutes. You should take a chance to download it. |