bitcoin price is starting going up now

[ajareselde]

Here's my question; did the auction sell at 30% above market price?

I was trying to find out the same, what was the price at which the coins are sold, but it seams that everyone is keeping their mouths shut.
One may think that its above the market price due to easy to rise market that would rise the price when bought in large quantities, and another case is that bitcoins are sold below the market price,
for the same reason of affecting the market price on exchanges.

Too bad the info on prices is not publicly available, it would help us understand market movement much better.
The price keeps tanking ever since the auction was announced, so maybe thats a good clue

cheers

[picolo]

Here's my question; did the auction sell at 30% above market price?

It looks like it did sell higher than the market which makes sense because the price would have gone up a lot while they bought so many coins from the market.

[ajareselde]

Here's my question; did the auction sell at 30% above market price?

It looks like it did sell higher than the market which makes sense because the price would have gone up a lot while they bought so many coins from the market.

There are no facts to support that its sold above the market price, only rumors.
With the same logic one might say that they were sold under market price because the dump of 50k BTC would bring the price down.
Anyways, the price is fighting to rise again @okcoin and btcchina

cheers