my bet is all coins sold for atleast 450  i'm thinking 400 was top bid on a few of the blocks the rest are 350+ hopefully we get some info about this in the coming days. i dont think we will... we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  I don't think so, there is a larger triangle that will break in a couple of days. As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now. 27 bid says you're wrong 10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price. Well it's not my maths, just posting the article. I'm sure you can make one bid for multiple blocks, it's not EBAY. i had not considered that. That's an interesting factoid.. and surely such a factoid would make a difference. If it were true that one bid could be for multiple blocks, then 27 bids could be very bullish, on the other hand if the bids are limited to one block, then 27 bids is fairly bearish, in my humble bumble opinion. |
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Wow!!!!!!!! If that's true, then that is surely a small number of bids. 27 bids for 20 lots? I may have to revise my thinking based on that news if it were true. |
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I was just thinking of a terrible rom-com movie called "Failure to Launch" with Sarah Jessica Horseface and Mathew McSomethingScottish. I don't know why.
What are the odds bulls can get the 1 HR moving average to go green before the Chinese wake up? I want to double up my short position.
YOU GO GIRL!!!!!  |
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my bet is all coins sold for atleast 450 i'm thinking 400 was top bid on a few of the blocks the rest are 350+ hopefully we get some info about this in the coming days. i dont think we will... we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days at the very least we will get to know how many winner there was but looking at the TX from their wallet. Hopefully, we will find out some things from the auction. There does seem to remain a large amount (maybe too much) mystery around these BTC auctions. Probably, the public had a right to know after the last auction of 30k coins (for how much did those coins auction). To date, we still do NOT know for how much those 30K coins auctioned... we can only make reasonable inferences based on what we know, and that is likely Draper got them all for at least 5% above market - possibly more (otherwise it is NOT likely that he would have been able to win all 10 lots). TL;DR : There exists too much mystery with the BTC auctions. |
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Maybe I am making an overstatement; however, currently, there appears to be NOTHING holding back a considerable upward momentum in bitcoin prices.
The significant event of the ability to bid in the US Marshall's auction has been over for more than 2 hours, now, and currently, we are merely awaiting the US Marshall's to communicate to the winners, within the next approximately 24 hours.
Probably we can presume that the BTC auction was somewhat bullish - in that regard, I doubt, really, that anyone is paying at market price or less for such auctioned coins.
Personally, I had expected some kind of BTC price dump in the past 24 hours in order to further benefit big players who were participating in the auction; however, when there was NO real meaningful BTC price dump, I decided to buy a pretty decent chunk of coins (approximately 26 BTC).
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.
Surely, my BTC holdings remain in the red about 30% (partly due to my having had purchased over 100BTC in the June to August time frame when BTC prices were in the $600 arena - and I anticipated a rise at that time).
Surely, I admit that I have made some mistakes; however, I remain optimistic about BTC and the various fundamentals including the large amount of investments into various aspects of the BTC infrastructure - in spite of depressions of BTC prices. Accordingly, I am expecting a BTC price rally at some point in the near future, and really I am doubting that we are going to see many more days of BTC prices below $400 - however, never say never in bitcoinlandia.
I did hold onto about $3k in dollars in my BTC investment fund - just in case I am wrong about the near term BTC price direction during the month of December - and I have the ability to buy BTC in the event of a price drop.
In the longer term and maybe the next 1 to 12 months, surely BTC prices could continue to be manipulated in the $400 to $800 price range; however, I believe once BTC prices go above $800 - it is likely that the price will shoot past the previous ATH into the $3k to $13k range.... but who knows how long that will take... I believe BTC has at least one more 10x rally within it..... maybe more than that, but difficult to say with current information and current levels of uncertainties regarding wider-spread adoption of BTC (and the potential interferences of possible competitors, if any).
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Fucking broken logic, did a woman done came up with this? So tell me, is it sexual frustration or financial frustration that makes you say sexist shit? Fake edit: Probably both. It was a joke Relax kid! But aren't jokes supposed to be funny? That joke was funny... |
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People seem to have forgotten how badly bitcoin tanked last time there was an auction. It was only shortly after the auction completed that the bitcoin price went up a bit.
Yet, this time the price did not decrease because of the news of an auction. A sell order like this should move down the market, but it hasn't really so far, which means we may be having a little bit of a correction here. I do not expect much positive movement between now and when the auction is over, as positive movement as a direct result of a sell order is a complete nonsequitur. I also don't expect much positive movement right after the auction, as there is no ground to make up - bitcoiners are treating this auction like some big investor will just buy them all up like last time, so a good result is already priced in right now.
It's a bad week to be long, with one exception: if you think the price is being artificially deflated so that someone can buy the coins at auction for a lower price.
Yes, here is an example in which the exception swallows the rule. There may be a dip down to $350; however, likely BTC prices will be allowed to rise after the auction bid times are completed. Surely some other shoe could drop by December 4 or December 5 to affect BTC prices - yet is seems fairly highly unlikely that BTC prices are going to get any meaningful price rally prior to the majority of the auction bids being in (which it seems likely that most of the bidders are to wait until the last couple of hours of the auction to submit their bids).. Also, it seems highly likely that BTC prices will get some kind of rally after the auction, and thereafter, it is possible that BTC prices will never again return to the $300s - but never say never in bitcoinlandia.  |
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Possibly, he could do both? Participate in the syndicate and also have his own individual bids... but maybe syndicates would NOT allow both? A syndicate is interesting for bidders who cannot afford to bid for an entire lot (1000 BTC, correct?). I understand that the syndicate organizers combine small bids of several clients into 1000-BTC bids, perhaps providing their own bids to fill the gaps. If someone intends to buy several thousand BTC, I don't see any obvious advantage in joining a syndicate. Is there? Perhaps he intends to buy exactly 7013 BTC, so he will bid for 7 lots, and join a syndicate for the last 13 BTC. Perhaps he is taking part in the syndicate just to lend it his prestige. Your thinking on this point regarding possible motivations is NOT too separated from mine, yet I am NOT sure whether there are various rules once a bidder is involved in a syndicate. Being involved in a syndicate could lend prestige, but also be a way to have an alternative way to keep a finger on the pulse of the situation from another perspective and another information source. I would imagine that the syndicate may get pissed off if he participates, and then if he were to bid separately for all or most of the coins (and win them like last time). So, maybe there is just too much speculation here about motivations that may NOT be too central to what is going to happen to Thursday's auction or Tim Draper's specific role in such? |
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what a deja vu, the same questions and discussions like back in june Indeed, you could literally go back to this thread in June and all speculation regarding what will happen pre and post auction is there. Its like groundhog day Sad part is that events will unfold in the same groundhog day style, as the discussion is repeating. I'm NOT sure whether it is sad. Likely the auction time will be similar. We are going to have continued depressed prices until thursday and possibly even an additional dump to $350-ish.. then after the auction, the price will go up. On the other hand, I doubt that we are going to get (after the auction) a subsequent dump of Bitcoins to bring the price below $350.. price will probably remain above $400 after the auction (but never say never in bitcoinlandia) |
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Possibly, he could do both? Participate in the syndicate and also have his own individual bids... but maybe syndicates would NOT allow both? |
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can anyone tell me if there is any point in not ignoring odalv?
because he's trolling the troll maybe ? Or you can ignore him with your own brain, instead of a button. You can also stop posting about your mad ignore skillz and being an attention whore. ~Hope this helped. See. I don't ignore NOT NotPorkchop because every now and then he says something profound... rare, but it does happen... see above post.  |
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if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too. Sometimes, I may be wrong about the posters intent to spread FUD
Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.
Who died and put you in charge? I have every right to call something FUD if that is how I see it, whether I am correct or NOT. You attempt to act as if you have some superior perspective of what should be or NOT... THIS. THIS is the point -- "who died and put you in charge"? THE POINT IS THIS. You are attempting to get me to stop doing something.. . am I attempting to stop you? NO If you post FUD, then I may say, "that's bullshit." Let's stick to substance rather than style, but you trolls and FUD spreaders prefer to get distracted into personal attacks and into misinformation and into non-relevant technicals.. Yes, some of us have noticed that those are the attributes of trolls and fud spreaders and spammers and "spammer trolls" (my new signature . hahahahaha)... YOU NEWBIE IS A "SPAM TROLLER" |
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if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too. Sometimes, I may be wrong about the posters intent to spread FUD
Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.
Who died and put you in charge? I have every right to call something FUD if that is how I see it, whether I am correct or NOT. You attempt to act as if you have some superior perspective of what should be or NOT... |
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empowering killing it with the gifs today!
JJG re-enters my ignore list.
good for you  |
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A day trader who mocks his colleagues who lost money at trading is like a fisherman who shoos away the fish that try to nibble at his bait. He did not quite grasp the idea yet.
This guy has been rude and dismissive to me and a lot of the folks who were newer to BTC. He's also accused me of things at various times even when I was less of a snarky prick. He deserves it and I'm bored. This. He's been kind of an arrogant prick. Yeah.. "arrogant prick" = anyone who insists and denigrates trolls for NOT explaining the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who attempts to get trolls to clarify the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who upsets a troll in spite of the troll's bullshit conclusions and assertions. Yes.. seems that I meet those definitions. You do go after other people, too... you are a little quick to judge and assume the worst. This doesn't need to be an ongoing thing, but you're not always the most welcoming lad in this joint. My own level of welcoming depends on the contents of the post(s) to which I am responding and potentially my own mood. If someone backs up what s/he / it is saying, then I am generally accepting of that kind of information, even if I don't agree. On the other hand, if what seems to be FUD is being spread for what seems to be book talking reasons, then sometimes I will question the intentions of the poster and even question how the poster arrived at such post contents and even point out what appears to be biases in the post contents and seeming intentions. And, yes there may be some selective enforcement and even selective targeting based on some randomness. I would imagine that there are NOT too many of us in here who can keep up with all of the various postings within this thread (whether informative or NOT). Dude, you're doing it again. It's over. Sometimes I think that you think your shadow is FUD. FUD isn't everything you disagree with. For instance, if I posted the same thing Tzupy posted, and you might even say it to Tzupy, about the days destroyed peak you might call it FUD. But, I want to know things like that. It helps people avoid getting blindsided. Even rumors that are at least not completely baseless... I want to know those, too... it helps people avoid getting blindsided. So, if it is a total troll job or like the one guy posting about how the Winklevoss ETF failed when there has simply been no news on it -- go full speed ahead at them. If it's bordering on reasonable, give a counter point. Whatever, I post my response, whether correct or NOT.. I do the best under the circumstances in the event that I feel a need to attempt to intervene. I have NO problem with Tzupy's days destroyed post; however, for example, if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too. Sometimes, I may be wrong about the posters intent to spread FUD, and from time to time, I have admitted my misunderstanding... Yet part of the reason for posting in forums like this is to be able to, from time to time, interactively bounce ideas off of other posters. |
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A day trader who mocks his colleagues who lost money at trading is like a fisherman who shoos away the fish that try to nibble at his bait. He did not quite grasp the idea yet.
This guy has been rude and dismissive to me and a lot of the folks who were newer to BTC. He's also accused me of things at various times even when I was less of a snarky prick. He deserves it and I'm bored. This. He's been kind of an arrogant prick. Yeah.. "arrogant prick" = anyone who insists and denigrates trolls for NOT explaining the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who attempts to get trolls to clarify the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who upsets a troll in spite of the troll's bullshit conclusions and assertions. Yes.. seems that I meet those definitions. You do go after other people, too... you are a little quick to judge and assume the worst. This doesn't need to be an ongoing thing, but you're not always the most welcoming lad in this joint. My own level of welcoming depends on the contents of the post(s) to which I am responding and potentially my own mood. If someone backs up what s/he / it is saying, then I am generally accepting of that kind of information, even if I don't agree. On the other hand, if what seems to be FUD is being spread for what seems to be book talking reasons, then sometimes I will question the intentions of the poster and even question how the poster arrived at such post contents and even point out what appears to be biases in the post contents and seeming intentions. And, yes there may be some selective enforcement and even selective targeting based on some randomness. I would imagine that there are NOT too many of us in here who can keep up with all of the various postings within this thread (whether informative or NOT). |
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A day trader who mocks his colleagues who lost money at trading is like a fisherman who shoos away the fish that try to nibble at his bait. He did not quite grasp the idea yet.
This guy has been rude and dismissive to me and a lot of the folks who were newer to BTC. He's also accused me of things at various times even when I was less of a snarky prick. He deserves it and I'm bored. This. He's been kind of an arrogant prick. Yea. I've been pretty over the top and tangential of late, though. I'll really only go after anybody if I think they've gone after me or others. But, it's done now. Yeah.. .we have made up for the moment.. we are all hugs and kisses... |
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A day trader who mocks his colleagues who lost money at trading is like a fisherman who shoos away the fish that try to nibble at his bait. He did not quite grasp the idea yet.
This guy has been rude and dismissive to me and a lot of the folks who were newer to BTC. He's also accused me of things at various times even when I was less of a snarky prick. He deserves it and I'm bored. This. He's been kind of an arrogant prick. Yeah.. "arrogant prick" = anyone who insists and denigrates trolls for NOT explaining the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who attempts to get trolls to clarify the troll's bullshit conclusions and assertions. "arrogant prick" = anyone who upsets a troll in spite of the troll's bullshit conclusions and assertions. Yes.. seems that I meet those definitions. |
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Can you people clip some of these quotes, for chrissake? JJG's walls of text are bad enough, now some of you are quoting 25 paragraphs to respond with one sentence. Ridiculous.
Yes.. wise and insightful observations from Octaft...  |
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