jl2012
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Activity: 1792
Merit: 1097
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June 30, 2014, 08:15:18 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
They could bid 48013BTC @ $1/BTC, so that would be a decrease by 600-fold |
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elebit
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June 30, 2014, 08:15:41 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
Increase in what? Second Market had a lot of people who wanted in on their group buy. Good for them, but doesn't really affect the price. Unless the ones who didn't get in on the deal market buys instead. That is pure speculation however. |
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JorgeStolfi
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June 30, 2014, 08:19:21 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
As others explained, the syndicate must have selected the highest among those 186 bids, adding up to 29'600 BTC; and submitted bids to the USMS for the 10 lots, with suitable prices based on the input bids. I can't see what the above ratio would mean. |
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iram3130
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Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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June 30, 2014, 08:20:24 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
Total coin bid only 48k, I was expecting much more, Its look some manipulation going there too that is why only 1.6 coin bid for every coin. |
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mizzle
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Activity: 23
Merit: 0
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June 30, 2014, 08:20:29 AM |
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well ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
They could bid 48013BTC @ $1/BTC, so that would be a decrease by 600-fold well i think we all know its not going to decrease the price. i dunno how to do the math for it but i know it will go up if this is true. it could only mean that. once the people who lost the bid find out they have lost and they already know they were planning to pay $6** per coin then they would be buying up the coins on the exchanges until the price gets to that point ? maybe I'm confused but this is a big day for btc. |
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abercrombie
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Activity: 1159
Merit: 1001
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June 30, 2014, 08:25:28 AM |
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630!  |
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BTCfan1
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June 30, 2014, 08:26:29 AM |
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635 wall bout to fall
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ChrisML
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June 30, 2014, 08:26:44 AM |
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Choo Choo motherfuckers.
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mizzle
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Activity: 23
Merit: 0
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June 30, 2014, 08:28:12 AM |
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hot off the price heres a list of the prices for each block so far.
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Block 10 - Yelp - $626
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JorgeStolfi
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June 30, 2014, 08:28:32 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
Total coin bid only 48k, I was expecting much more, Its look some manipulation going there too that is why only 1.6 coin bid for every coin. Those numbers are only for the "sub-auction" (syndicate, bidding pool) that SecondMarket organized to let smaller fish bid at the USMS auction. People who did not have enough money to bid for a whole 3'000 BTC lot could submit a bid to the SM syndicate (with minimum 25'000 USD, it has been claimed), who merged the highest bids and submited bids to the USMS. No one knows how many bids and bidders there were at the USMS auction itself. |
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BTCfan1
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June 30, 2014, 08:28:43 AM |
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sombody keeps buying lumps of ~148btc on stamp, amazing
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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June 30, 2014, 08:29:14 AM |
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Don't get left behind! 637!  |
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BTCfan1
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June 30, 2014, 08:29:41 AM |
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hot off the price heres a list of the prices for each block so far.
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Block 10 - Yelp - $626
im pretty sure this is unconfirmed info - i saw the post in r/bitcoin too |
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iram3130
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Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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June 30, 2014, 08:29:59 AM |
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sombody keeps buying lumps of ~148btc on stamp, amazing
It was expected but real spike will come when bid will be open, so we have to wait till evening. |
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Asrael999
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June 30, 2014, 08:30:08 AM |
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Don't want to spoil the party - but none of the missed bidders are going to be putting all their cash to work today or tomorrow. There are still more coins to be auctioned - they might buy some now - but they will wait for more coins to be auctioned before going all in.
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JorgeStolfi
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June 30, 2014, 08:31:29 AM |
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hot off the price heres a list of the prices for each block so far.
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Block 10 - Yelp - $626
Is this list real? Seems very unlikely that SecondMarket would enter a bid itself. Can people see why that would be a big ethical problem? |
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boumalo
Legendary
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Activity: 1904
Merit: 1018
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June 30, 2014, 08:31:38 AM |
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Don't get left behind! 637! This is it! 639$, maybe we will dip a little bit one more time but maybe we are heading close to 700$ or higher We may touch 1000$ this summer and a new ATH way higher before the end of 2014 as most expect |
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BTCfan1
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June 30, 2014, 08:31:46 AM |
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hot off the price heres a list of the prices for each block so far.
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Block 10 - Yelp - $626
Is this list real? Seems very unlikely that SecondMarket would enter a bid itself. Can people see why that would be a big ethical problem? no not real |
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jl2012
Legendary
Offline
Activity: 1792
Merit: 1097
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June 30, 2014, 08:33:39 AM |
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hot off the price heres a list of the prices for each block so far.
1 - Pantera - $900
2 - SecondMarket - $750
3 - SecondMarket - $700
4 - DRW Trading Group - $700
5 - Coinbase - $685
6 - Rangeley Capital - $660
7 - SecondMarket - $651
8 - Coinbase - $640
9 - Matrix Capital Management - $601
Block 10 - Yelp - $626
Is this list real? Seems very unlikely that SecondMarket would enter a bid itself. Can people see why that would be a big ethical problem? no not real No one will bid at $900. That's nonsense |
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kehtolo
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June 30, 2014, 08:33:44 AM |
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Off topic - like everything else on this thread... but relative nonetheless. It's an article from last December from BI - with an economics professor who has clearly no idea about bitcoin, thrashing bitcoin. It's funny how wrong he was.. and also I wonder is he still spewing FUD - or has he moved on to talking about something else he has no fucking idea about? Anyone know? Is he a paid shill or what? http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12 |
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