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Author Topic: Three Unnamed Bidders Win Latest US Marshals Bitcoin Auction  (Read 1694 times)
abcdave
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March 11, 2015, 04:44:27 PM
 #21

1: Itbit exchange bought 3K. 1BdmMnKQ417EpUngAnJCYmjYmD9Cud9iZB

2: Cumberland Mining & Materials LLC (Syndicate) bought 27K, 2K sent directly to bitfinex for dumping. 1DPx2UJtwCQ3N8eGiuDoZSCB7x3rAPWcXw

3: Satoshi's Cousin bought 20K, still stay anonymity. 1EAPKSvouAkFJWr5HuNF6wrz4fCN2FBvaY

The bid price was around $220 to $250, lower than the market price

If these all BTC going for Dumping.......... The price may drop again.

Why would they buy to dump? There's literally no point in that as they'd just be effecting themselves and they probably wouldn't make much on them at current value so they're probably going to hold.
dothebeats
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March 11, 2015, 04:53:07 PM
 #22

If the bidders didn't bought under or at the market price, I'm pretty sure that they will hold on it for a bit. Dumping it directly would mean a great loss for them, seeing that the trade volume and interest of the masses increased. The potential is higher at this time, so maybe they will wait until they would sell those coins.

AgentofCoin
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March 11, 2015, 05:00:36 PM
 #23

If no one (exchange, company, individual investor) ever announces they won the two other groups of BTC,
I would like to bet that one of the two winners, or maybe both, are Government Proxies, for whatever reasons they would have.
For example, it would be beneficial for a USG agency to have BTC on hand for future setups/stings with Silkroad, terrorism, or other.
So if this becomes a mystery forever, I say 50% chance its a USG Agency.

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Beliathon
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March 11, 2015, 11:27:09 PM
 #24

We can't know the price of the bid unless they publicly say it
Can we find out how much the gubbermit made, so thy don't launder the money?
Fiat has no transparency,  unless you're an unconstitutional rogue government spying agency full of treasonous sons of whores.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
MUCHSIN
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March 12, 2015, 03:34:41 AM
 #25

http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/

Quote
The US Marshals Service (USMS) has revealed that three bidders each took home a portion of the 50,000 BTC sold during its most recent bitcoin auction held 5th March.

The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively.

A spokesperson for the USMS confirmed the totals via email, adding that the transfer of proceeds to the winners has now been finalized.

While no winning bidders have yet come forward, the trading desk at SecondMarket, the entrant that claimed the highest share of the 50,000 BTC sold in December’s auction, has publicly revealed it did not enter a winning bid.

Other known participants, including hedge fund Pantera Capital and investment management company Binary Financial, have yet to comment on the news publicly.

A final auction of the roughly 44,000 remaining bitcoins in possession by the government agency is expected to be held later this year.

working it out seems average of $290 - $300 per bitcoin



I think itBit won third place with 3k BTC? Im not sure.
http://bitforum.info/t/and-the-third-winner-for-the-usms-auction-is-itbit/400
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