Bitcoin Forum

50,000 BTC have just been sent! It's clear someone have won the auction. Waitting for further details news.


https://chain.com/bitcoin/addresses/12pCPrWvudnefJCtXQUBcm9z2NogtC3Rix

BTW, the Blockchain.info is down? I cant get access it at the moment.

Wow who in the world is auctioning of 50,000 Btc? I wish I had even a 1% fraction of that I would be really happy right now.

For those who've been asleep the last few months, this is a portion of the Silk Road funds seizure the U.S. Marshalls are auctioning off.

This is the correct transaction id :

http://chain.bitboat.net/tx/3e1754e8ea62dacb9a17d45a2e4c1acdcbbc1ce1b6c39f59b5336409a0adfa5e


Who has won these 50'000 bitcoins ? I didn't find any "name".


PS: I have sent you a PM.

Nice finding. Still unconfirmed transaction, so fresh hehe.

As far as I know the name of the winner is not published? Or is it?

Another transaction :

- https://blockchain.info/it/tx/9b2a5667acab4c6a1a158a7ff548e9fdb7b94c333a1b5ec7eb1d86e64c5275c1


1BdmMnKQ417EpUngAnJCYmjYmD9Cud9iZB    ||    2,999.95 BTC
1DNM1TgbL8yYTsDzADw9W17Es2BEezMBpi     ||    47,000.403 BTC

Who made this transaction with 0 fee, the winning bidder must be anxious right now, non-fee transaction might take several days to get a confirmation.

Let's keep eyes open on the news, there might be some news about the price latter.

BTW, redsn0w can you confirm Blockchain.info is works for you or not.

Are you serious? that amount with that coin age have top priority without the need of any fees.


Blockchain is working fine here.

No necessearly, it depends also of how much these bitcoin are "old". If these bitcoin were stuck in that address for a long time , it doesn't need any fee for send them. However yes blockchain.info works properly for me.

It is not down for me!? Also i was fairly certain someone would have won the auction as there was 34 bids if i remember rightly pretty sure the was not all troll bids.

Whoever it is that is a nice stash of coins :)

With BTC much .. He can get the BTC more. by buying some miner. Make trades with a profit of about 1btc. Investment. Or share some of the other people liked me :D

Won't matter with a transaction of this size. I do wonder who won them though. Has this been announced?

lol  ... :D

only crazy people sell 50k of BTC - they should hodl!  :P

Okay Winky twins, come out already and announce your winnings and the launch of Gemini. You said there would be a Q1 launch, you said Q1!!!

Wow last three blocks...

66,000 sent
75,000 sent
57,000 sent

Jeebus

Why does everyone keep saying this?  The amount of btc being sent has nothing to do with incurring fees.  Fees are based on the file size of the transaction, not the monetary size.  That being said, every transaction should have a fee associated with it, not sure why this one didn't.

they are on the forefront of that technology. i dont care if they do it in Q2,Q3 or 2016. these things need time.  ::)

Nobody is saying a bigger transaction will incur more fees.

We're saying a transaction with few (one in this case), big and old inputs do not need any fees.
It is not true that every transaction need to have a fee.

Read this: http://bitcoinfees.com/
Particularly point 3 "Prioritize old and high-value coins".

You know what would be funny? If they screwed up with the sending addresses and mistakenly sent 50000 BTC to some random poor fellow.

I said "should" have a fee.  Yes, I understand old and large value, but still, toss a fee on there, help a brother out.

That wouldn't just happen. They've seized the coins and they've gotten this far up to the auction just to send it to a wrong address? One word: pathetic. :D

Whoever won the auction sure has loads of btc today. Good buy.

I graciously accept being that random poor fellow!

Was there ever a statement saying how much was paid for that auction? If I recall correctly, at that time, 1 BTC was valued at about $600 USD.

Here another one of 50 000 https://twitter.com/BitcoinGod_/status/574574618385711104   :o

is it safe to save a lot in the online bitcoin wallet ?
nah hacker why dont you take it :D

Last time when first auction hit the market, I think 6 month ago the price of Bitcoin felt down. I wonder why price increased today. This is good moment I think.

Huh? No dude it was not $600 :) Also there will probably be no statement because that was a private auction so unless the buyer comes forward and states how much then we will never know which is fine. If you just make an educated guess you will find the ball park at least within $20 that he paid anyway my guesstimate would be he paid $250 per coin so a total paid of about $12 million/ What do you think?

So was this from the seized coins auction? Anyone know who won and what they paid?

My fault, i wasn't clear in my message. I meant to say the first auction, back in June/July 2014. At that time, BTC was valued around $600 USD. And that was won by Tim Draper.

The recent auctions, it has been speculated that the bid prices were between 10-20% under current market value.

Even if the buyer got $260, he has already made a tidy profit

Even if it happened, it wouldn't be sent to a random poor fellow, it would be sent to an address that will probably never be used, and lost forever.

That said, if by some chance it really IS sent to a used address, I'm sure they'd hunt the guy down and make him return the bitcoins.

Or if that transaction without fee can't get confirmed, they will break down Bitcoin network or seize satoshi and ask him to take responsibility for this. :D

Just kidding.

Good news, I hope there is a good effect on the increase in the price of the current bitcoin :)

yes hope at the end of the month to touch $350  :)

Do we know who won the auction yet? It is good to see the BTC out of the governments hands I guess.

I believe they are not the coins from Auction , Though it was supposed to be announced today but there were supposed to be auctioned in 20 Blocks (10 2000 BTC and 10 3000 BTC) . It would be strange if single person bought all of them :-\

i hope all those auctions, are spreaded between multiple whales, otherwise we are fucking the adoption in this way

I dont think they will do anything like that since it is 50k of btc its alot and they must be really careful to check them hundred times

If the buyer was smart, they would not publish their name. Can't see any benefit in doing so, unless its a major company.

I'd like to have at least 10% of that! LOL

I wish those were my address! Will be interesting to see what happens now. Will they be sold off or is whale gonna hodl?

Definitely not, not voluntarily.

I meant does he have too? Is it a public auction?
As far as I know it's confidential.

It wouldn't make sense to dump all those coins.
The price would go down and the winner of the auction would result in a lose.

i seriously doubt if the buyer would dump all that coin though but if it is dumped the price is going to take a big hit. i am positioning myself again :D (just in case)

Wow, to me it looks like two people teamed up and bought the lot, now that the deal is done, they seemed to have split the BTC. I am sure they will use a coin mixing service from here on in so people like us cannot track the BTC back to their owners. My guess is Tip Draper bought half of them and the remaining were purchased by the Twins. Can't say for sure though. :)

Great! If this remains in the account without getting spent, means it is good. It will squashed all rumours about the coins getting dump which I think doesn't really make sense for someone who bought with such large quantity. And I see that going into one single account which the winner is only a person or a company?

https://www.reddit.com/r/Bitcoin/comments/2ykjsb/auction_coins_have_been_distributed/

This should clear up some misunderstandings.

How much did the winning people bid on each coin? Was it less or more than the current price?
Couldn't find this anywhere even on Bloomberg :/

I think the decisions on that haven't come out yet. They should be out within this week. But it seems they were higher than the market price.

Sorry if it's been answered but I only skimmed through the first page. What were these coins sold for? Please tell me it's going to cover for the $300 difference.

We might never know how much the coins were sold for.

Don't think so. I read somewhere that someone didn't get them after putting a bid of 221$/coin. So it must have been a few more dollars that other would have bid to win the auction. I am merely speculating. Just wanted to know the exact price. Do post here when the actual figures come out.

This just shows us that there is interest from the big players. I'd definitely bid on this myself if I had that kind of money to spare.

It's probably sealed under secret, they aren't forced to disclose the price that the coins sold for.

Yes that is obvious but maybe the winners (or someone of him) will tweet something, as in the old auction. We have only to wait a couple of days and we will know the name of (at least) one of the auction's winner.

why wont they disclose the price? That's the basic part of being transparent enough so that people can know that they didn't sell the coins for a low price. If the price doesn't get disclosed then the people who were incharge of the auction could earn a lot by taking money from the bidders and giving the coins to them for less price.

Well, I should think a degree of financial privacy would be accepted. Why do you have to declare your personal financial matters to everyone?

The only people who needs to know those details, would be the tax collector / government and your auditor doing your books.

I am sure, nobody wants to tell thiefs and hackers about the big stash of coins they bought from a auction, and being from a controversial origin {the coins} it might become a target in future.

I think, I would keep it a secret too...   ;)

Ahh fine.
If the tax collectors and the auditors know then its most probably fine.