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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373404 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jonoiv
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December 04, 2014, 09:39:13 PM


Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.

My post was on Tzupys


arr ok.  sorry dude Smiley
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phoenix1
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December 04, 2014, 09:41:38 PM


http://www.reuters.com/article/2014/12/04/us-bitcoin-auction-idUSKCN0JI1FB20141204

Quote
Lynzey Donahue, a Marshals Service spokeswoman, said the government had 11 registered bidders and 27 resulting bids.


11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol
27 is defo small if it can't. If it can, fuck knows!  Cheesy

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December 04, 2014, 09:43:59 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.



Yeah....  TOO much mystery here...


27 bidders is very bullish

however


27 bids would be very bearish.







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December 04, 2014, 09:46:05 PM

Out of topic but for our russian friend

jonoiv
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December 04, 2014, 09:47:36 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.



Yeah....  TOO much mystery here...


27 bidders is very bullish

however


27 bids would be very bearish.









the wall street journal was the first to publish 27 bids

Financial times reuters says Sarah McBride was the original source.  http://blogs.reuters.com/sarah-mcbride/

http://www.reuters.com/article/2014/12/04/us-bitcoin-auction-idUSKCN0JI1FB20141204

Someone tweet her

Just in case it's bullish, got a link for billyjoejeanisnotmyson
mcdonalds.com/careers
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December 04, 2014, 09:49:44 PM



11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.
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December 04, 2014, 09:49:55 PM

Out of topic but for our russian friend



that and

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December 04, 2014, 09:51:13 PM

Out of topic but for our russian friend



that and



phoenix1
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December 04, 2014, 09:52:41 PM



11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.

I agree
We know that at least 3 of those 11 bidders are syndicates, and it makes zero sense to join a syndicate to bid for a block of 2 or 3k coins above market as you can easily buy them on exchange in that quantity. So that leaves 8 potential serious bidders.
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December 04, 2014, 09:53:33 PM



11 registered bidders - that sounds low... anyone know how many there were last time? Significantly more IIRC .. I think there were about 10 names on the leaked partial list

EDIT : Seems pretty clear nobody here knows if it is 1 bid can be for multiple blocks lol  Cheesy

27 bids for 20 blocks? less than 2 bids/block? After what happened at the last auction, I can't imagine they would be for anywhere close to market price.

yes but remember what happened last time you tried to be a hero and grab shit tons of ammo in order to support lower prices?

this time its different.
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December 04, 2014, 09:53:59 PM

Out of topic but for our russian friend



Your Russian friend is a US citizen Smiley

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December 04, 2014, 09:54:55 PM

Why do people believe that bids were around USD 400 ? these are blocks of 2 and 3 k. if I were to buy one block I would rather look for a discounted bid of at least 5 percent, otherwise i could buy them on exchange. in addition if i knew that there are only 11 bidders, which implies a low demand i would add another 5 percent...
jonoiv
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December 04, 2014, 09:55:18 PM

I'll see your Putin and raise you a RasPutin Wink
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December 04, 2014, 09:55:36 PM

adamstgBit
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December 04, 2014, 09:57:34 PM

Why do people believe that bids were around USD 400 ? these are blocks of 2 and 3 k. if I were to buy one block I would rather look for a discounted bid of at least 5 percent, otherwise i could buy them on exchange. in addition if i knew that there are only 11 bidders, which implies a low demand i would add another 5 percent...

i guess i should have worded the poll "I believe wish the FBI 50K coins sold at an avg. price of:"
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December 04, 2014, 09:57:58 PM

adamstgBit
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December 04, 2014, 09:58:28 PM

lmao, you poeple....
adamstgBit
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December 04, 2014, 09:59:27 PM

in other news...

jonoiv
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December 04, 2014, 10:00:52 PM

in other news...



I hope she has a QR code. 
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December 04, 2014, 10:01:12 PM


Explanation
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