Newbie1022
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December 06, 2014, 12:04:02 AM |
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But seriously, I was just naming the first uber-bull I could think of and mean no disrespect by it.
TBH I am pretty uber bull when it comes to long term. Short term I day trade and I'd lose a lot of money if I was always bull. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Oh... sorry for assuming, man.
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canary
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December 06, 2014, 12:06:01 AM |
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So for 2 weeks everybody waited for the auction to end.
It ended. Now what? Nothing?
How many more times is this nonsense gonna happen?
Are other markets also this retarded? I find that hard to believe.
It was just an expectation and it comes to nothing, that's it. Now it's show time for dumping manipulators... There is nothing to dump right now guys, don't buy those fake news!
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phoenix1
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December 06, 2014, 12:14:34 AM |
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Worst case scenario ensues -- the Coins are dispersed amongst multiple owners increasing the probability of some dumping activity -- and people are interpreting it as uber-bullish. This place never ceases to give me something to laugh about.
I don't know about this being worst case scenario, but LMAO it was pretty much as you predicted. "Draper only got 2k OMG bullish as fuck, buy all the coins" lol No idea what happens next, but that sure was funny Seems like I owe Ms Ember an apology ... sorry ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) ... she has now published an article quoting Draper, and it appears to be true that he only got 2k http://dealbook.nytimes.com/2014/12/05/venture-capitalist-tim-draper-wins-small-piece-of-bitcoin-auction/?module=ArrowsNav&contentCollection=Business%20Day&action=keypress®ion=FixedLeft&pgtype=Blogs“I will have to buy some more Bitcoin on the open market to fulfill my commitment to the new batch of Boost companies,” Mr. Draper said in an email Good that he wants to buy more, but clearly he will do it over time. And what his bids were is unknown ... Why he buy more already at lower prices, who knows ?? Not so great when it gives the number of participants in the syndicates. That Silbert's numbers sounded great at the time, but compared to the last round ... meh. SecondMarket said its syndicate received 104 bids from eight bidders, significantly fewer than the 186 bids from 42 bidders in the first auction. Likewise, Dan Morehead, the founder of Pantera Capital, said fewer investors participated in his syndicate this time, though he declined to give any figures
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hdbuck
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December 06, 2014, 12:28:13 AM |
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DaRude
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In order to dump coins one must have coins
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December 06, 2014, 12:31:40 AM |
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fonzie
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December 06, 2014, 12:34:25 AM |
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Thanks for the confirmation!
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criptix
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December 06, 2014, 12:38:07 AM |
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Thanks for the confirmation! u sucker, i nearly sold all my bitcoins because of you!!! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXR02mJo.jpg&t=665&c=b98oUkML6Hyw4Q)
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phoenix1
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December 06, 2014, 12:39:14 AM |
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Quick, buy all the coins, lets get this thing going again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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grappa_barricata
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playing pasta and eating mandolinos
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December 06, 2014, 12:40:46 AM |
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beware the fud is strong today
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Newbie1022
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December 06, 2014, 12:41:47 AM |
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Worst case scenario ensues -- the Coins are dispersed amongst multiple owners increasing the probability of some dumping activity -- and people are interpreting it as uber-bullish. This place never ceases to give me something to laugh about.
I don't know about this being worst case scenario, but LMAO it was pretty much as you predicted. "Draper only got 2k OMG bullish as fuck, buy all the coins" lol No idea what happens next, but that sure was funny Seems like I owe Ms Ember an apology ... sorry ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) ... she has now published an article quoting Draper, and it appears to be true that he only got 2k http://dealbook.nytimes.com/2014/12/05/venture-capitalist-tim-draper-wins-small-piece-of-bitcoin-auction/?module=ArrowsNav&contentCollection=Business%20Day&action=keypress®ion=FixedLeft&pgtype=Blogs“I will have to buy some more Bitcoin on the open market to fulfill my commitment to the new batch of Boost companies,” Mr. Draper said in an email Good that he wants to buy more, but clearly he will do it over time. And what his bids were is unknown ... Why he buy more already at lower prices, who knows ?? Not so great when it gives the number of participants in the syndicates. That Silbert's numbers sounded great at the time, but compared to the last round ... meh. SecondMarket said its syndicate received 104 bids from eight bidders, significantly fewer than the 186 bids from 42 bidders in the first auction. Likewise, Dan Morehead, the founder of Pantera Capital, said fewer investors participated in his syndicate this time, though he declined to give any figures Hehehe... yes, I've had a good laugh this evening. The news about Draper wanting to buy more is a positive signal, indeed, but a soft one. I wonder how many Boost companies there are -- he planned on distributing 300 BTCs to each. If there are say, 100 Boost companies, then this suddenly becomes a very bullish statement. If there are, say 10 Boost companies -- not so much. As for saying it is the worst case -- the worst out of three broader options: (A) All Draper; (B) Mixed amongst investors; and (C) All purchased by a single buyer other than Draper. The scatter means the market is exposed to more motivations and, assuming that at least some bought below market price, a prisoner's dilemma encouraging winners to engage in arbitrage before the others do (unless they are focused hard on the long-term).
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criptix
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December 06, 2014, 12:46:01 AM |
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Newbie1022
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December 06, 2014, 12:46:32 AM |
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There are 20-30 Boost companies, they plan on giving them each 300 BTC. So, Draper would need to go into the market and, over time, accumulate another 4,000 to 7,000 BTCs unless he dug into his own stash (if that stash exists, still). Certainly not a bearish point. Spread over time it is a small point, though. I think it was a PR play to make Bitcoiners look up who the Boost companies were and how many there were. https://www.cryptocoinsnews.com/adam-drapers-boost-vc-focuses-bitcoin-fund-20-30-new-bitcoin-companies/Other way of calculating -- if you go straight through Boost VC, it looks like there are only 12 Boost companies, presently. However, the article above states 20-30 so I'll use that as the baseline.
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phoenix1
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December 06, 2014, 12:59:49 AM |
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Hehehe... yes, I've had a good laugh this evening. The news about Draper wanting to buy more is a positive signal, indeed, but a soft one. I wonder how many Boost companies there are -- he planned on distributing 300 BTCs to each. If there are say, 100 Boost companies, then this suddenly becomes a very bullish statement. If there are, say 10 Boost companies -- not so much.
As for saying it is the worst case -- the worst out of three broader options: (A) All Draper; (B) Mixed amongst investors; and (C) All purchased by a single buyer other than Draper. The scatter means the market is exposed to more motivations and, assuming that at least some bought below market price, a prisoner's dilemma encouraging winners to engage in arbitrage before the others do (unless they are focused hard on the long-term).
Boost ... https://www.boost.vc/about Boost VC is the Bitcoin accelerator. We invest in 20-30 companies twice a year for three months. We provide housing and office space for each company located in the heart of Silicon Valley. We put talent, passion and drive alongside seasoned entrepreneurs and investors to build world changing companies.
By 2017 Boost will accelerate 100 Bitcoin companies So he's got more than 2 years to buy 30,000 BTC ... don't think he will be panic buying tomorrow! Not with another 100k on offer from USMS. I think he's got a lot more patience than this forum lol
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ChartBuddy
Legendary
Online
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 06, 2014, 01:00:53 AM |
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criptix
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December 06, 2014, 01:01:03 AM Last edit: December 06, 2014, 01:13:10 AM by criptix |
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There are 20-30 Boost companies, they plan on giving them each 300 BTC. So, Draper would need to go into the market and, over time, accumulate another 4,000 to 7,000 BTCs unless he dug into his own stash (if that stash exists, still). Certainly not a bearish point. Spread over time it is a small point, though. I think it was a PR play to make Bitcoiners look up who the Boost companies were and how many there were. https://www.cryptocoinsnews.com/adam-drapers-boost-vc-focuses-bitcoin-fund-20-30-new-bitcoin-companies/Other way of calculating -- if you go straight through Boost VC, it looks like there are only 12 Boost companies, presently. However, the article above states 20-30 so I'll use that as the baseline. i think the 20-30 companys are just from this round (atleast it says tribe 5) of selection. the introduction says 100 companis in the next 3 years. also regarding the 30.000 btc, i think they are commited to his partnership with mirror. /edit @mirror partnership https://medium.com/@MirrorHQ/tim-draper-wins-govt-auction-partners-with-vaurum-to-provide-bitcoin-liquidity-in-emerging-markets-88f04a1d8598?source=tw-c5c76901e0ee-1404301475937
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JorgeStolfi
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December 06, 2014, 01:01:38 AM |
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I recommend Mozzarella Foxfire.
Go oldschool ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpeople.mozilla.org%2F%7Ejmuizelaar%2Fthrobbers%2Fmosaic-throbber1.gif&t=665&c=HLDBRYQ62LmgQA) My heart just melted.
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Newbie1022
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 06, 2014, 01:04:28 AM |
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There are 20-30 Boost companies, they plan on giving them each 300 BTC. So, Draper would need to go into the market and, over time, accumulate another 4,000 to 7,000 BTCs unless he dug into his own stash (if that stash exists, still). Certainly not a bearish point. Spread over time it is a small point, though. I think it was a PR play to make Bitcoiners look up who the Boost companies were and how many there were. https://www.cryptocoinsnews.com/adam-drapers-boost-vc-focuses-bitcoin-fund-20-30-new-bitcoin-companies/Other way of calculating -- if you go straight through Boost VC, it looks like there are only 12 Boost companies, presently. However, the article above states 20-30 so I'll use that as the baseline. i think the 20-30 companys are just from this round (atleast it says tribe 5) of selection. the introduction says 100 companis in the next 3 years. also regarding the 30.000 btc, i think they are commited to his partnership with mirror. Thanks for the info!
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helipotte
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December 06, 2014, 01:19:08 AM |
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Fun! Got 13 of them right. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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phoenix1
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December 06, 2014, 01:20:10 AM |
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Only 12 here ... I got USA wrong lol - I am proud of that !
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