Cassius
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Activity: 1764
Merit: 1031
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June 18, 2014, 08:04:55 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds?
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YogoH
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June 18, 2014, 08:06:07 PM |
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Are we even sure the winning bid price will be public?
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bitcoinsrus
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June 18, 2014, 08:06:40 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds? Wouldn't the price surge if they tried buying it on bitstamp or something.
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skivrmt
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June 18, 2014, 08:07:10 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds? Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value.
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wachtwoord
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Activity: 2380
Merit: 1141
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June 18, 2014, 08:11:10 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds? Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value. Thinly traded stocks certainly do sometimes.
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gentlemand
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Activity: 2604
Merit: 3089
Welt Am Draht
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June 18, 2014, 08:12:49 PM |
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Wouldn't the price surge if they tried buying it on bitstamp or something.
Not if they did it slow enough. It would take a few days. I can't see anyone of that calibre sitting at their desk for a solid week pressing a button every now and then. That's why the big players buy from miners and large holders. No messing and the price is set.
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wachtwoord
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Activity: 2380
Merit: 1141
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June 18, 2014, 08:14:01 PM |
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Wouldn't the price surge if they tried buying it on bitstamp or something.
Not if they did it slow enough. It would take a few days. I can't see anyone of that calibre sitting at their desk for a solid week pressing a button every now and then. That's why the big players buy from miners and large holders. No messing and the price is set. Yes it would.
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skivrmt
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June 18, 2014, 08:14:56 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds? Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value. Thinly traded stocks certainly do sometimes. True. But Bitcoin averages, what, maybe 30k trades a day across the various exchanges? That's $18MM per day. Not exactly thinly traded!
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wachtwoord
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Activity: 2380
Merit: 1141
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June 18, 2014, 08:17:19 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k in Bitcoins without much movement in the market. Dunno about premiums, but I'm willing to bet most names on that list would be very reluctant to put money on any of the current exchanges, let alone dick around for a week dripping buys. This. But would they risk looking dumb by paying over the odds? Think of this as a secondary offering in a publicly traded stock, they simply don't trade over the market value. Thinly traded stocks certainly do sometimes. True. But Bitcoin averages, what, maybe 30k trades a day across the various exchanges? That's $18MM per day. Not exactly thinly traded! I consider Bitcoin thinly traded for sure.
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 18, 2014, 08:31:03 PM |
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you guys are missing the point, which is: BUY BUY BUY !! 
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Raystonn
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June 18, 2014, 08:47:23 PM |
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Well, it seems that the list is not quite the list of bidders. USMS clarification, quoted in the CoinDesk article: One of the emails that we sent out this morning inadvertently showed a list of some of the individuals who have asked a question or questions about the pending bitcoin auction. And, besides, the article says the original intent of the email was to inform interested parties about an updated FAQ related to the bitcoin auction. So the list of bidders may not include any of those people, and may include any number of other people. If it's a list of all those who sent emails for further information then why am I not on this list? Granted I'd be upset to be publicly outed. But I'm not there. So I call shenanigans. Damage control. These are would-be bidders.
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Parazyd
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June 18, 2014, 08:52:42 PM |
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Put up a new poll Adam:
Bullish Option 1: Yes Option 2: Yes
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TERA
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June 18, 2014, 08:54:08 PM |
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Or this one:
Where will Bitcoin price be in Q3 2014:
Option 1: 10^5 Option 2: 10^6 Option 3: 10^7 Option 4: 10^8
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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June 18, 2014, 08:58:06 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market. The premium is not for liquidity. It is for legal coverage.
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ChartBuddy
Legendary
Online
Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2014, 09:00:54 PM |
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TERA
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June 18, 2014, 09:03:02 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market. The premium is not for liquidity. It is for legal coverage. If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal.
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seljo
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Activity: 1179
Merit: 1014
Hodling since 2011.®
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June 18, 2014, 09:06:17 PM |
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Poll results are crap would you buy 1 eur for 1 eur and 10 cents... ok now you will say btc is not eur... ok than I suggest that US Marshals keep buyin btc on exchanges and keep sellin it to moron bidders for 10% profit on every auction... cause btc they sell are clean and so shiny...
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 18, 2014, 09:07:12 PM |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market. The premium is not for liquidity. It is for legal coverage. If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal. yes, and regulators seem to understand that. AFAIK bitcoin fungibility = 100% aminorex meant to say the premium is for not having to deal with crappy exchanges
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Tzupy
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Activity: 2198
Merit: 1094
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June 18, 2014, 09:14:50 PM |
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Poll results are crap would you buy 1 eur for 1 eur and 10 cents... ok now you will say btc is not eur... ok than I suggest that US Marshals keep buyin btc on exchanges and keep sellin it to moron bidders for 10% profit on every auction... cause btc they sell are clean and so shiny...
This ... you gave me a good laugh!
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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June 18, 2014, 09:15:27 PM |
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If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal.
You will understand, therefore, my interest in Monero.
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