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Author Topic: Bidders for US Marshalls Auction leaked by US Marshalls  (Read 4753 times)
windjc
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June 19, 2014, 08:00:48 PM
 #41

Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

It also means they could be asking if they should bid 200% of value  Roll Eyes
Swordsoffreedom
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June 19, 2014, 09:13:19 PM
 #42

Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.

No. Because they replied with a PDF of FAQs and that was not one of the questions...

Could you link to that document?

http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdf

Quote
This is a sealed bid auction. You will not have the opportunity to view other bids. You will not have the opportunity to change your bid once submitted.

Thanks I was misinformed then but it does make me wonder on this part

2
5.
Can I make multiple bids?

A bid form allows you to bid on multiple blocks for the same price.

For example, you may place a bid for $X per bitcoin for 5 blocks from Series A. The total bid price in this example would be$X * 3,000 bitcoins * 5 blocks.
This counts as one bid.A single bid form does not allow you to submit multiple bids at varying prices. For example, you may not submit one bid for $X for 1 block from Series A, and $Y for 1 block from Series A.

If you wish to submit multiple bids at varying prices, you will need to submit multiple bid forms. For each bid form, you must submit
a $200,000 deposit. In addition, you must show funds available to cover the aggregate amount of all anticipated bids.

So if you want to bid a few times at different prices for blocks you need more than one form lol.


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