USMS Silk Road Bitcoin Auction Winning Bid Price?

[zimmah]

Why would someone pay 200 bucks more than the market price?

Market depth, slippage, verified seller, free publicity if you win, etc...

the results will not be published, but the other reasons are valid.

also, much faster than exchanges, most exchanges will not allow you to cash out 3000 bitcoins at once as far as i know.

[gizmoh]

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story


Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."

[MoreFun]

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story


Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."

Haha, you are such a FUD-ster. 

[criptix]

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story


Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."

last time i bought 30.000 bitcoins on a exchange, it was november to decembre 2013 

[MoreFun]

Actually, you're just ignorant. It's quite obvious that is how it works.

Even if there were bidders putting in offers above market price, the majority of the coins will be below.

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story


Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."

Haha, you are such a FUD-ster.  

Who the heck cares about majority, the ones that mean smth are serious buyers. I believe there were many trying their luck with low bids.

[windjc]

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story


Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."

Whaaaaaaa! Bitcoin too expensive for you to buy. Go get a job, make some money.

[BetMoose]

You may also want to follow the bet here:

https://www.betmoose.com/bet/silkroad-coins-will-be-sold-above-market-value

which will resolve once we have a real trusted source - when coin is involved, it's much more likely to filter out the spam you'll see here and on reddit.