riiiiising
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December 03, 2014, 06:40:58 PM |
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TERA was not a perma-bull nor a perma-bear, she was just a very good trader She was telling everyone that there would be a long term bear market this spring, at the time that everyone and their mom was calling for $5,000/BTC+ by end of year. She took a ton of flak for it, and was probably banned, given the echo chamber nature of this place.
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phoenix1
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December 03, 2014, 06:41:08 PM Last edit: December 03, 2014, 06:51:29 PM by phoenix1 |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. The winning bidders must make sure that the money is in the USMS bank account "by 2:00pm EST, on Monday, December 8, 2014." If a bidder fails to do so, the next one in line is notified and given a similar deadline to do the same. Defaulting bidders lose their deposit, so there should be no defaults and the outcome will be defined by Monday afternoon. Last time the auction was on a Friday, and the USMS revealed that "single buyer got it all" on the next Monday. However, the announcement for this auction says "The USMS will not release any information to the general public pertaining to the auction process or results." I don recall seeing this explicit statement in the previous announcement. So perhaps they will not even tell us how many winning bidders there were, and whether all lots were sold. http://www.usmarshals.gov/assets/2014/dpr-bitcoins/?m=1so we wont have any info and bitcoin price at the mercy of the unknown buyer... We will be able to see from the transfer of the BTC if there was more than one winner. If they all go to one address ... one winner, or one consortium winner. If they are split from that address, likely a consortium, but not certain obviously - one bidder *could* choose to split them into different wallets If the USMS send out to multiple addresses, likely more than one group won ... EDIT : If there is one winner who buys them all, it would be in their best interest to NOT split the BTC immediately as one winner would generally imply that the price was higher IMO, and why would you not want to send that message to the market ?? (unless you wish to buy more ...) My conclusion is that the less addresses the coins go to, the higher the winning bid. Above or below market we may never know. But I would also guess that most participants in this auction have a better understanding of game theory than me, and will act in their own perceived best interest ...
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oda.krell
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December 03, 2014, 06:41:23 PM |
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@wanderer Agreed, although the btce account, if it is indeed TERA, is currently deeply in the negative.
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bitebits
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Flippin' burgers since 1163.
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December 03, 2014, 06:44:59 PM |
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[...] So perhaps they will not even tell us how many winning bidders there were, and whether all lots were sold.
The transparency of the Blockchain will reveal this to the public: just verify if all the 50k coins move to a new address. We will actually be able to see how many different winners of the auction there are, since likely (like last time) the coins will be moved in one single transfer per buyer.
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madmat
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Activity: 966
Merit: 1000
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December 03, 2014, 06:45:13 PM |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. The winning bidders must make sure that the money is in the USMS bank account "by 2:00pm EST, on Monday, December 8, 2014." If a bidder fails to do so, the next one in line is notified and given a similar deadline to do the same. Defaulting bidders lose their deposit, so there should be no defaults and the outcome will be defined by Monday afternoon. Last time the auction was on a Friday, and the USMS revealed that "single buyer got it all" on the next Monday. However, the announcement for this auction says "The USMS will not release any information to the general public pertaining to the auction process or results." I don recall seeing this explicit statement in the previous announcement. So perhaps they will not even tell us how many winning bidders there were, and whether all lots were sold. http://www.usmarshals.gov/assets/2014/dpr-bitcoins/?m=1so we wont have any info and bitcoin price at the mercy of the unknown buyer... We will be able to see from the transfer of the BTC if there was more than one winner. If they all go to one address ... one winner, or one consortium winner. If they are split from that address, likely a consortium, but not certain obviously - one bidder *could* choose to split them into different wallets If the USMS send out to multiple addresses, likely more than one group won ... Do you have the address to watch ?
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cryyptc
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#BITCOIN4LIFE
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December 03, 2014, 06:45:46 PM |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. Auction will be tomorrow. Guess no info until friday, maybe until monday so the next few days are critical for bitcoin... so the next few days are gentlemen for bitcoin... lols
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Chef Ramsay
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December 03, 2014, 06:49:36 PM |
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It could be time again to start posting pics of trains, rockets and moons coming up here. Sure would be groovy to roll into the holidays and beyond w/ some serious bull swagger.
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coinableS
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December 03, 2014, 06:52:54 PM |
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Draper will tweet it if he wins one or more of the bids. He loves being in the BTC spot light.
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phoenix1
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December 03, 2014, 06:53:27 PM |
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We will be able to see from the transfer of the BTC if there was more than one winner. If they all go to one address ... one winner, or one consortium winner. If they are split from that address, likely a consortium, but not certain obviously - one bidder *could* choose to split them into different wallets If the USMS send out to multiple addresses, likely more than one group won ...
Do you have the address to watch ? Its the one the DPR coins are sitting in !! Don't have it to hand but I am sure it will be presented soon ...
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grappa_barricata
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playing pasta and eating mandolinos
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December 03, 2014, 06:53:44 PM |
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Do you have the address to watch ?
I think this is the address with all the remaining SR seized coins, but i'm not completely sure: 1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
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phoenix1
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December 03, 2014, 06:54:24 PM |
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Dat d one
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noobtrader
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Activity: 1456
Merit: 1000
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December 03, 2014, 06:57:15 PM |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. The winning bidders must make sure that the money is in the USMS bank account "by 2:00pm EST, on Monday, December 8, 2014." If a bidder fails to do so, the next one in line is notified and given a similar deadline to do the same. Defaulting bidders lose their deposit, so there should be no defaults and the outcome will be defined by Monday afternoon. Last time the auction was on a Friday, and the USMS revealed that "single buyer got it all" on the next Monday. However, the announcement for this auction says "The USMS will not release any information to the general public pertaining to the auction process or results." I don recall seeing this explicit statement in the previous announcement. So perhaps they will not even tell us how many winning bidders there were, and whether all lots were sold. http://www.usmarshals.gov/assets/2014/dpr-bitcoins/?m=1so we wont have any info and bitcoin price at the mercy of the unknown buyer... We will be able to see from the transfer of the BTC if there was more than one winner. If they all go to one address ... one winner, or one consortium winner. If they are split from that address, likely a consortium, but not certain obviously - one bidder *could* choose to split them into different wallets If the USMS send out to multiple addresses, likely more than one group won ... EDIT : If there is one winner who buys them all, it would be in their best interest to NOT split the BTC immediately as one winner would generally imply that the price was higher IMO, and why would you not want to send that message to the market ?? (unless you wish to buy more ...) My conclusion is that the less addresses the coins go to, the higher the winning bid. Above or below market we may never know. But I would also guess that most participants in this auction have a better understanding of game theory than me, and will act in their own perceived best interest ... wow... thanks for the info... i never thought about that.
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noobtrader
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Activity: 1456
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December 03, 2014, 06:59:16 PM |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. Auction will be tomorrow. Guess no info until friday, maybe until monday so the next few days are critical for bitcoin... so the next few days are gentlemen for bitcoin... lols agree !!! its obvious that this is gentlemen
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cech4204a
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December 03, 2014, 06:59:33 PM |
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i have enough of waiting, i'm gonna dump my coins in exactly 1 hour on stamp. Bitcoin is history for me.
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 03, 2014, 07:00:56 PM |
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madmat
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December 03, 2014, 07:01:17 PM |
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Thanks for that. I am going to watch it closely.
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DaRude
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Merit: 1914
In order to dump coins one must have coins
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December 03, 2014, 07:57:39 PM |
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i wonder when we will receive info about the auction this market is killing me. no volume and flatlined price. The winning bidders must make sure that the money is in the USMS bank account "by 2:00pm EST, on Monday, December 8, 2014." If a bidder fails to do so, the next one in line is notified and given a similar deadline to do the same. Defaulting bidders lose their deposit, so there should be no defaults and the outcome will be defined by Monday afternoon. Last time the auction was on a Friday, and the USMS revealed that "single buyer got it all" on the next Monday. However, the announcement for this auction says "The USMS will not release any information to the general public pertaining to the auction process or results." I don recall seeing this explicit statement in the previous announcement. So perhaps they will not even tell us how many winning bidders there were, and whether all lots were sold. http://www.usmarshals.gov/assets/2014/dpr-bitcoins/?m=1so we wont have any info and bitcoin price at the mercy of the unknown buyer... We will be able to see from the transfer of the BTC if there was more than one winner. If they all go to one address ... one winner, or one consortium winner. If they are split from that address, likely a consortium, but not certain obviously - one bidder *could* choose to split them into different wallets If the USMS send out to multiple addresses, likely more than one group won ... Do you have the address to watch ? Ughh don't buy into all this trolling "On Friday, December 5, by 5:00pm EST, the USMS will notify the winning bidder/bidders that their bid/bids has/have been selected." http://www.usmarshals.gov/assets/2014/dpr-bitcoins/?m=1Meaning all those that bid will know if they won. Meaning if i low ball bid 1-i get a small chance to get discounted coins bellow market which i can dump profit $$$ 2-i'd be the first one to know if my bid wasn't selected then i can front run the new and buy coins on the market. Or better yet run the syndicate so you're now risking your own money, be the first one to get the news, act on it, distribute news to your syndicates(?) let them act on it, post on tweeter that your bid wasn't selected and watch the buying frenzy profit $$$ Bottom line everyone should get a feel whether the coins were bought bellow/above market by Friday so watching the coins move from that address a week later is pretty useless
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 03, 2014, 08:00:56 PM |
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600watt
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December 03, 2014, 08:01:28 PM |
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i have enough of waiting, i'm gonna dump my coins in exactly 1 hour on stamp. Bitcoin is history for me.
have a safe trip home and tell your friends we said "hi" bye
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inca
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December 03, 2014, 08:05:33 PM |
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i have enough of waiting, i'm gonna dump my coins in exactly 1 hour on stamp. Bitcoin is history for me.
have a safe trip home and tell your friends we said "hi" bye You will won't be missed!
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