Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[LFC_Bitcoin]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

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Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

Damn troll that link doesnt work

[phoenix1]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

 

[ChartBuddy]

Explanation

[cryyptc]

about 1 hour to lift off.  

still waiting.

Moonbound 2:00pm departing shortly.  All aboard, gentlemen!
Check ignition and may God's love be with you.  Ten... Nine...

^altcoin moonbase ?  :-)  Lol

[NotLambchop]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

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Maybe try a different browser?

[Elwar]

"I just paid a million dollars per bitcoin on that bitcoin auction thing"

-tweet by rich bitcoin person



TO DA MOON!!!

[Bitcoins101]

"I just paid [insert number between 1 and 10)% under market price. This is the price that large amounts of coins often sell for OTC and it wasn't any different here."

Actual reality.

[fonzie]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

Damn troll that link doesnt work

[fonsie]

So another auction happened, another deadline is done. Just like last time everybody is going nuts about the price: oooooommmmggggg how much did they pay!!!?? This is so super duper important zooooomgg!!!

We won't find out and in 3 days nobody gives a shit anymore.

Idiots.

How's your silver trading going Shroomy 

It's been going down since April 2011, probably going to retest the support from the year 2000. Shroomie loves loosing money, always buying at the top.
With a brain, the size of a pigeon, he will never learn.

[Elwar]

"I just paid [insert number between 1 and 10)% under market price. This is the price that large amounts of coins often sell for OTC and it wasn't any different here."

Actual reality.

I sell bitcoin all the time OTC. It is usually 8 to 15% over  market price.

[bitcodo]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

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Maybe try a different browser?

Which one?  Godzilla firebull?

[JorgeStolfi]

Some random statistics about the presumed "BitPay.com wallet" in this site:
http://www.walletexplorer.com/wallet/BitPay.com

From the first entry on 2011-07-02 to about 2014-12-02:

About 690'500 transfers into the addresses in this "wallet", adding to about +1'270'000 BTC

Largest single input into those addresses:  +9483.46000000 BTC on 2012-06-24 00:39:05
( transaction d4f7fbbf92f4a3014a230b2dc70b8058d02eb36ac06b4a0736d9d60eaa9e8781 )

There were

    47 inputs of at least 2000 BTC
  137 inputs of at least 1000 BTC
  316 inputs of at least  500 BTC
  578 inputs of at least  250 BTC

In 2012 there were two inputs of ~230 BTC from addresses in the "SilkRoadMarketplace" cluster.
Also one input of ~590 BTC from wallet "Btcst.com-pirateat40".

KnC miners made several large inputs between Nov/2013 and Feb/2014 (buying equipment for their centers?)

The payment for the 0.5 M$ home of BFL's Josh Zerlan, which was reported as being made through Bitpay
http://www.kmbc.com/news/bitcoins-used-to-buy-johnson-county-home/26078516
seems to be this 1060 BTC transaction on 2014-04-28 22:08:49 UTC :
http://www.walletexplorer.com/txid/470dd9660d62b60ce8451c22392ba119b1c0b97d0927d6d5ef3ee0c2da043585

There were ~633'000 inputs of 1.0 BTC or less; ~440'000 of them were in 2014.

It would be more informative to use dollar amounts instead of BTC amounts, since the price varied so much in that time span.  Coming soon.

However, as observed before, the BTC amounts of the largest inputs seem to be roughy constant over time. 


 

[phoenix1]

Reality ... Draper did not bid for all the coins and is part of a syndicate. Logical conclusion ... bid was below market

http://www.bloomberg.com/news/2014-12-04/bitcoins-seized-from-silk-road-offered-in-second-auction.html

The auction today will again include Draper, who is bidding as a part of a syndicate created by a bitcoin startup he backs, called Mirror

[spooderman]

that was the buy of a gentlemen.

[cryyptc]

Overstock CEO Patrick BTCyrne is da man >> http://web.archive.org/web/20101224045221/http://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/

[fonsie]

At least the idiots placing stupid bids of 100/200$, didn't bother looking like a fool this time around.

Source: https://www.coindesk.com/us-marshals-bidder-turnout-second-bitcoin-auction-declines-sharply/

[JorgeStolfi]

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

Damn troll that link doesnt work

But the word "disappointed" in the URL is misspelled.  A minimally self-respecting troll would not make that mistake. That detail strongly implies that the article was real and was written by a typical WSJ reporter.

[phoenix1]

So another auction happened, another deadline is done. Just like last time everybody is going nuts about the price: oooooommmmggggg how much did they pay!!!?? This is so super duper important zooooomgg!!!

We won't find out and in 3 days nobody gives a shit anymore.

Idiots.

How's your silver trading going Shroomy 

It's been going down since April 2011, probably going to retest the support from the year 2000. Shroomie loves loosing money, always buying at the top.
With a brain, the size of a pigeon, he will never learn.

The sweet irony is that there is has been more volatility in silver caused by 'idiot traders' than in BTC recently  

[Fatman3001]

Where is that guy who was bragging about his short? BillyJoeBanjo or something?