Specular
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dApps Development Automation Platform
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March 05, 2015, 08:56:17 PM |
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Can someone be my eyes on this tweet? Behind work firewall, can't access the twitter.  |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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coinableS
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Activity: 1442
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March 05, 2015, 08:57:38 PM |
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Can someone be my eyes on this tweet? Behind work firewall, can't access the twitter. Auction bids 30% above market. Use web proxy like I do.  Thanks, most proxies are blocked too... freaking Baracuda! |
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adaseb
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March 05, 2015, 08:58:06 PM |
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Who is this CryptosKees dude? Is he credible?
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 05, 2015, 08:59:20 PM |
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kurious
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Activity: 2590
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March 05, 2015, 09:02:59 PM |
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A premium over market makes sense.
And with so many players in the auction - anything at or lower than market price is not probable.
Bullish indeed - they ain't gonna dump if they paid over market.
EDIT: and they won't mind the market knowing it, will they? Self fulfilling good judgement; market will rise.
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nioc
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March 05, 2015, 09:05:27 PM |
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There was a 30% increase in the # of bidders.
Who tweeted [Bids approx. 30% above market]? This makes it sound as if the winning bid price was 30% above market as there is no "market" for the # of bidders.
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dreamspark
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March 05, 2015, 09:05:41 PM |
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A premium over market makes sense.
And with so many players in the auction - anything at or lower than market price is not probable.
Bullish indeed - they ain't gonna dump if they paid over market.
They aren't going to dump regardless. The bidding process is so long winded and backwards the only people bidding are doing it for large clean positions and for liquidity purposes. |
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rebuilder
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March 05, 2015, 09:07:20 PM |
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Sources for the 30% above market claim so far include "anonymous sources" and a tweet linking to a coindesk article that says the number of bidders went from 11 last time to 14 this time, which I guess you might loosely call approximately a 30% increase. In the amount of bidders that is.
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macsga
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Strange, yet attractive.
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March 05, 2015, 09:09:13 PM |
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30% feels wonderful! Tarmi sees "not so bullish" if 30% up is "Not so bullish" what is?  30 % up? "anonymous source confirmes" lol you must be pretty stupid to pay even one single batch 30 % up on current prices. that could be Tim dollar averaging his 600 coins. Being persistent is a virtue; for the record, I'm just messing with you... PS: Still bullish imho  |
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kurious
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Activity: 2590
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March 05, 2015, 09:10:46 PM |
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A premium over market makes sense.
And with so many players in the auction - anything at or lower than market price is not probable.
Bullish indeed - they ain't gonna dump if they paid over market.
They aren't going to dump regardless. The bidding process is so long winded and backwards the only people bidding are doing it for large clean positions and for liquidity purposes. Agreed, but they won't want anyone else to get in under market, either - it would only destabilise the value their own (existing) positions if anyone else got a substantial discount on market price. |
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kurious
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Activity: 2590
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March 05, 2015, 09:12:52 PM |
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30% seems an incredible premium, I doubt it.
But over market price - I think that is likely. If I was Tim - I would want to average down.
Disclosure: I did exactly this when it went sub 200, and I do not regret it, for obvious reasons. You either get out and write it off, or you get in and make the investment make sense.
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okthen
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March 05, 2015, 09:13:55 PM |
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Can someone be my eyes on this tweet? Behind work firewall, can't access the twitter. How would he know that? (Unless he bid himself). Not that I disagree, I imagine they were sold above market price. |
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chriswen
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March 05, 2015, 09:15:12 PM |
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What about the bitcoinsource? Silk Road Bitcoin Auction – Bids Over $300 USD?
We are getting reports from sources within multiple bidding syndicates and companies that several bids submitted by the respective parties went above and beyond the $300 mark. We are working to confirm these reports, since the tips are currently coming from sources who wish to stay anonymous and cannot be verified, but we would love to hear from anyone willing to speak on the record, so if you or your company submitted a bid and you want to chime in, please do contact us. |
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KryptoFoo
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March 05, 2015, 09:15:45 PM |
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Thats a great read. Before buying my first bitcoin in December of last year I spent probably about three months looking at types of wallets and ways to keep your stash secure. In the end I have opted for the brain/paper wallet methods for my main holding and use online exchanges such as blockchain/coinbase for very small amounts for trading/gambling/purchasing. I think really security is the BIGGEST problem for most people (even someone like me who is NOT a programmer/hacker but IS very competent on computers) had to really rack my brain with all this security stuff. Again great read... I am not sure what I would do if I somehow ended up with crazy amounts of bitcoins. I think I would be very paranoid With crazy amount of bitcoins you would be able to afford Trezor and computer, dedicated to bitcoins only. I believe much of his problems would have been prevented if he did not use the Authy backup function. That way 2fa keys stay on the phone only and cannot be synced to other devices, i.e. the thief's phone. |
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adamstgBit
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Trusted Bitcoiner
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March 05, 2015, 09:20:46 PM |
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is this 30% above market thing legit?
should we be buying?
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kurious
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March 05, 2015, 09:21:26 PM |
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is this 30% above market thing legit?
Rumour only. No-one on the record. Yet. |
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adamstgBit
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Trusted Bitcoiner
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March 05, 2015, 09:22:52 PM |
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is this 30% above market thing legit?
Rumour only. No-one on the record. Yet. oh ic |
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kurious
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March 05, 2015, 09:24:57 PM |
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is this 30% above market thing legit?
should we be buying?
I don't think price is heading south - a lot of money was ready to buy and failed. If they know what was paid was above market - market looks awfully tempting afterwards. Let's see. If it goes up it will prove they did buy at a premium, other bidders will know and people talk - too many people will know what was paid. |
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