cbeast
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 05, 2014, 02:47:51 PM |
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Bids received - 104
BTC quantity bid - 124,127 ähhh...what? i dont get it...somebody care to explain? Barry Silbert / Secondmarket collected 104 bids for a total of 124,127 coins. They merged the bids and made new bids for the 50,000 bitcoins on the auction. That doesn't say anything about price. I bet the high bidders will be upset if they don't get all the coins they wanted. |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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December 05, 2014, 02:49:15 PM |
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bobboooiie
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December 05, 2014, 02:49:17 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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December 05, 2014, 02:50:52 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
and 50 k in coins. |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 05, 2014, 02:51:06 PM |
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I don't care what the price of the auctioned BTC is. This is great news as it is...  |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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December 05, 2014, 02:52:07 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. |
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NotLambchop
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December 05, 2014, 02:52:32 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Yep. ~$3 in bids confirmed. |
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karol
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December 05, 2014, 02:52:38 PM |
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Don;t get it how second market can buy 127k - on auction was only 50k btc
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NotLambchop
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December 05, 2014, 02:53:56 PM |
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I don't care what the price of the auctioned BTC is. ...
I understand, grampa #2. You can't take it with you, amirite? |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 05, 2014, 02:54:28 PM |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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December 05, 2014, 02:55:07 PM |
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Don;t get it how second market can buy 127k - on auction was only 50k btc
there is huge demand for USMS coins! |
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marvinrouge
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December 05, 2014, 02:55:31 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. Secondmarket have for now 134K coin. 127K more buys would double their BTC stock  Even 20% below the price it's almost $40M |
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NotLambchop
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December 05, 2014, 02:58:06 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. Secondmarket have for now 134K coin. 127K more buys would double their BTC stock Even 20% below the price it's almost $40M Ok, how many people here understand that you can't buy 127K BTC at an auction selling 50K BTC? |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 05, 2014, 02:58:31 PM |
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 To the moon! |
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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December 05, 2014, 02:59:00 PM |
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Don;t get it how second market can buy 127k - on auction was only 50k btc
If the highest bidders of secondmarket also outbid the other bidders they will receive the 50k BTC and divide this between their highers bidders. |
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dreamspark
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December 05, 2014, 02:59:15 PM |
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There's a fairly sizable hidden wall at $376 on Finex.
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marvinrouge
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December 05, 2014, 02:59:45 PM |
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If someone bid 1$ for all of those coins that alone is 50k "in bids"
Like secondmarket would even accept such a ridiculous bid. I think most of the bids are not far of the market price, maybe -20% max. Secondmarket have for now 134K coin. 127K more buys would double their BTC stock Even 20% below the price it's almost $40M Ok, how many people here understand that you can't buy 127K BTC at an auction selling 50K BTC?  Of course they can't buy 127k (and maybe they'll buy 0 btc). But the demand is there. |
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