Google chairman to sell $2.5 bn of shares

[grondilu]

Who knows?  Maybe he plans on buying bitcoins  

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Read more at: http://phys.org/news/2013-02-google-chairman-bn.html#jCp

Edit:  remember that Schmidt has been aware of bitcoin for almost a year now (at least):

Schmidt also revealed that Google wanted to create a rival to Internet peer to peer currency Bitcoin. The company planned to call it "Google Bucks." Though Schmidt said peer to peer currencies like Bitcoin are "a great idea," Google Bucks never got off the ground because these currencies are illegal in many countries.

[robocoin]

Who knows?  Maybe he plans on buying bitcoins  

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Read more at: http://phys.org/news/2013-02-google-chairman-bn.html#jCp

Or buying North Korea.

[ElectricMucus]

I think this has more to do with the company denominated in USD than the stock itself... The Chinese have still plenty of thirst you know.

[cypherdoc]

Who knows?  Maybe he plans on buying bitcoins  

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Read more at: http://phys.org/news/2013-02-google-chairman-bn.html#jCp

that'll only buy him 100 Million Bitcoins at today's price.  oh wait, that's not possible.  

either they'll have to make more Bitcoins for him or the price would have to go up, huh?

[grondilu]

Who knows?  Maybe he plans on buying bitcoins  

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Read more at: http://phys.org/news/2013-02-google-chairman-bn.html#jCp

that'll only buy him 100 Million Bitcoins at today's price.  oh wait, that's not possible.  

either they'll have to make more Bitcoins for him or the price would have to go up, huh?

Duh.  Of course that would drive the price up.  I don't think $2.5 bn are enough to corner the market.

[cypherdoc]

Who knows?  Maybe he plans on buying bitcoins  

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

Read more at: http://phys.org/news/2013-02-google-chairman-bn.html#jCp

that'll only buy him 100 Million Bitcoins at today's price.  oh wait, that's not possible.  

either they'll have to make more Bitcoins for him or the price would have to go up, huh?

Duh.  Of course that would drive the price up.  I don't think $2.5 bn are enough to corner the market.

forgive me.  i need you to teach me these things.

[robocoin]

Don't you get it? 

[cypherdoc]

Don't you get it? 

i guess not.  i keep getting it wrong.