Bitcoin Forum

Economy => Speculation => Topic started by: Melbustus on November 17, 2014, 06:25:47 PM



Title: USMS auctioning 50k DPR coins. Supply begets demand?
Post by: Melbustus on November 17, 2014, 06:25:47 PM
http://www.usmarshals.gov/assets/2014/dpr-bitcoins/

We've now seen two incidents of massive sales of bitcoin that had the perhaps counter-intuitive effect of resulting in tremendous demand coming out of seemingly nowhere: The original ~30k silk road coins auction, where Tim Draper max-bid on all lots, and the ~30k BearWhale sell-wall that just built up buying-pressure at the ask and was fully eaten (with a nice bull pop afterwards).

It's a fascinating phenomenon, and I'm curious to see what happens with this current auction.



Title: Re: USMS auctioning 50k DPR coins. Supply begets demand?
Post by: Melbustus on November 17, 2014, 06:32:02 PM
http://www.usmarshals.gov/assets/2014/dpr-bitcoins/

We've now seen two incidents of massive sales of bitcoin that had the perhaps counter-intuitive effect of resulting in tremendous demand coming out of seemingly nowhere: The original ~30k silk road coins auction, where Tim Draper max-bid on all lots, and the ~30k BearWhale sell-wall that just built up buying-pressure at the ask and was fully eaten (with a nice bull pop afterwards).

It's a fascinating phenomenon, and I'm curious to see what happens with this current auction.



don't post same topics, check the first one at here: https://bitcointalk.org/index.php?topic=860746.0

I saw your thread. Title indicated a different line of discussion.


Title: Re: USMS auctioning 50k DPR coins. Supply begets demand?
Post by: JimboToronto on November 17, 2014, 07:04:31 PM
don't post same topics, check the first one at here: https://bitcointalk.org/index.php?topic=860746.0
I saw your thread. Title indicated a different line of discussion.

Gone with the wind. Bye bye hivertroll. LOL