 T'is the Season Boys!!!1  Yeah, been waiting for a while... about 1 hour to lift off.  still waiting. Moonbound 2:00pm departing shortly. All aboard, gentlemen! Check ignition and may God's love be with you. Ten... Nine...  |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. Secondmarket have for now 134K coin. 127K more buys would double their BTC stock  Even 20% below the price it's almost $40M Ok, how many people here understand that you can't buy 127K BTC at an auction selling 50K BTC?  Of course they can't buy 127k. But the demand is there. There are people willing to buy for 127K btc What does your bolded text mean? |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. Secondmarket have for now 134K coin. 127K more buys would double their BTC stock Even 20% below the price it's almost $40M Ok, how many people here understand that you can't buy 127K BTC at an auction selling 50K BTC? |
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Yaaay!  |
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I don't care what the price of the auctioned BTC is. ...
I understand, grampa #2. You can't take it with you, amirite? |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Yep. ~$3 in bids confirmed. |
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 " The USMS data, distributed via email, indicates that the number of bidders in the agency's second bitcoin auction has declined significantly from the first auction held this June. That auction, which received widespread media coverage in the US and had an observable affect on bitcoin's market, attracted a total of 45 registered bidders, who placed 63 bids over the course of the auction. By contrast, 11 registered bidders participated in today's auction, submitting a total of just 27 bids.Overall, the number of registered bidders decreased 75% from the first auction, while the number of bids fell 57%." -- http://www.coindesk.com/us-marshals-bidder-turnout-second-bitcoin-auction-declines-sharply/ |
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The bears are getting sleepy.
This old chestnut again?
I'll say the same as I did 6 months ago or a month ago.
We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.
We should be above $10,000 for good by this time next year.
Unless something comes along to break Bitcoin before then.
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That's the beauty of long-term trading algorithms--the longer the term, the longer you won't know how useless they are  As opposed to high-frequency troll posters: Plenty of data points to conclude, with high confidence, just exactly how pointless the overall contribution is ^_^ >likes long-term strategies >judges strategies of others by short-term results Might be missing something...  |
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That's the beauty of long-term trading algorithms--the longer the term, the longer you won't know how useless they are |
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Equality? As far as I know there is no such thing as equality. If we live in a perfectly 'equal' world, hell we might not even be around and survive.
Why not? |
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...
did you read it "The Second Bitcoin Auction" and "27 Bids" it was published yesterday. It can't be 30k and 27 bids and be a repost. How can someone repost from July with facts about the number of bids (27) for a second auction 5 months in the future.
Like I said, they wrote the article yesterday and got their facts wrong / mixed up. A bit like you really.
Protip: Take a chunk of the text from the article you feel may be a repost/plagiarized, and ctrl V it in Google's search box. Now look at results:  Note the date. Unless great minds think alike, this was ctrl V journalism.  Modernity, gentlemen, and livin' is easy. |
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^"Overall, the number of registered bidders decreased 75% from the first auction, while the number of bids fell 57%."
The theory that exchange prices were being manipulated down by prospective bidders also has [predictably] turned out to be bunk.
I realize denying grim facts is a thing in trashy melodrama--a woman clings to her freshly-shot lover, screaming "Oh no no you can't be dead no God no etc., etc." This effective dramatic device falls flat, tho, when voiced by a d00d named traderCJ--an interweb money changer about to become a poor interweb money changer.
TL;DR: give it up, bro.
Huh? Yeaaaah, something tells me most things that come across your desk fall into the TL;DR category. You sincerely don't understand that all the evidence--from Bitcoin press to bidder sentiment to poor bidder turnout points to lower winning bids, while the only thing suggesting above market bids is a bunch of overinvested, delusional bagholders? Edit: ...So you're suggesting that the coins will auction for less than market value, taking slippage into account?
Yes.  Continue hodling, bro. I'll be sure to send you a condolences gif when your money's gone.  |
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Let's not forget that we won't receive any information at all concerning the auction: 6) What information about the auction process or results will the USMS release?
The USMS will contact the winning and losing bidders directly. The USMS will not release any information to the general public pertaining to the auction process or results. I am pretty sure, there are some bitcoiners out there, who will research, who got the bitcoin, since the bitcoin ledger is public and you can't really hide such large sums. What will that research tell you, other than "coin has moved from US Marshals address to other addresses"? At best, you'll learn if all the coin was sold to a single bidder, or to multiple. How would blockchain research looking at the blockchain tell you anything meaningful, like bid amounts? |
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Getting bored of checking the price.
It's done nothing for days zzzzzzzz.
Banksters and other parasites keeping the price down. Remember why we fight, Comrade--for a brighter tomorrow!  |
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so if us marshals are auctioning off btc do they consider it currency?
kind of stupid of thier laws.
If it was currency, why would they be auctioning it off? "The first lot in today's auction is $5000. Do I here $10?" |
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^"Overall, the number of registered bidders decreased 75% from the first auction, while the number of bids fell 57%."
The theory that exchange prices were being manipulated down by prospective bidders also has [predictably] turned out to be bunk.
I realize denying grim facts is a thing in trashy melodrama--a women clings to her freshly-shot lover, screaming "Oh no no you can't be dead no God no etc., etc." This effective dramatic device falls flat, tho, when voiced by a d00d named traderCJ--an interweb money changer about to become a poor interweb money changer.
TL;DR: give it up, bro.
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