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

[JorgeStolfi]

Silbert still hasn't published info about his syndicate bids? Probably lost them all again.

I can't imagine why someone would want to pay above or near market for less than 1000 BTC.  So their bids were probably all below market.

I can't imagine why Tim Draper would enter a syndicate with a bid for 2000 BTC, since he could bid directly for one lot.  Unless it was just to show support for Mirror.

Where did you get "a bid" from? He stated he only won 2000 btc. "Only" implies he was bidding on multiple lots. He may have won many partial lots.

Ok, it is possible that he bid for several lots of 500 BTC or less, all at different prices, and won only the highest ones -- which happened to add to exactly 2000 BTC. Seems strange, and a lucky coincidence, but I agree that is possible.

[ChartBuddy]

Explanation

[JorgeStolfi]

Believe it or not today a friend called me up. His wife works in private equity for one of the top 3 financial entities worldwide. My friend told me his wife had received "Bitcoin Training" and that they were all to take Bitcoin very seriously. The most interesting piece of info was that they expected bitcoins to reach a value of over $10,000 dollars by 2016. They also said that $10k could be on the lower end.

Believe it!  Here are the training DVDs.

There is only a fancy sports car on that cover.  Come on.  The get-rich schemes that I see advertised late night on my TV typically show a successful investor on a luxury yacht, with three girls in bikinis on each side.  Bitcoin infrastructure must improve a lot before we can see significant adoption.

[cryyptc]

1 Year ago today.



who here remembers this..

who told you ?    ~those were the daze/\

[ChartBuddy]

Explanation

[cryyptc]

https://www.youtube.com/watch?v=k6ZM5t1SYdw <--- Flight to PHYSICAL money

[PoolMinor]

[coinableS]

Dear all bears and trolls:
This is all you'll see while we fly to the moon.

Google Street view: 9062 sw 14th ave portland OR

[ChartBuddy]

Explanation

[explorer]

Ahhh, PoolMinor,  master GIFster, has returned to the WOT!

[ChartBuddy]

Explanation

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

[AmazonStuff]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Get better soon!

[gkv9]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

yeah 2k/ of 50k? seems awful small.. the only thing I was able to derive out that was that Tim was likely to have not such a low bid..but if he's bidding with a consortium perhaps that put certain roadblocks in terms of bid ceiling.

The other 48k to whom? The Draper news seems obscured but maybe my illness has lead me to being lazy on reading. There was bloomberg video with a caption claiming he said he'd have to acquire more btc elsewhere to meet demands....but they're are more auctions Tim.. are you on some sort of time basis we don't know about?

I know we keep seeing posts of 1k+ from last november.. but to see us semi stable above the previous ATH of 266 ( give r take exchanges ) I think bitcoin did quite well for itself for the year, day traders may have got hurt but.. c'est la vie.

Here's to the ensuing excitement of the future.

[ChartBuddy]

Explanation

[gkv9]

Yes, according to the post on Bloomberg, they say that Tim has different projects and each of his projects need about BTC300 investment from his own stuff in order for them to evaluate and meet the goals, maybe that's why he still is interested to buy the whole Silk Road stuff if he's able to do so.

[Davyd05]

Yes, according to the post on Bloomberg, they say that Tim has different projects and each of his projects need about BTC300 investment from his own stuff in order for them to evaluate and meet the goals, maybe that's why he still is interested to buy the whole Silk Road stuff if he's able to do so.

Yeah 300btc to each company that goes through his son Adam's Boost VC program. I wonder if they're primarily bitcoin enterprises or just starting to build business via btc injection rather then the cash style.

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

yeah 2k/ of 50k? seems awful small.. the only thing I was able to derive out that was that Tim was likely to have not such a low bid..but if he's bidding with a consortium perhaps that put certain roadblocks in terms of bid ceiling.

The other 48k to whom? The Draper news seems obscured but maybe my illness has lead me to being lazy on reading. There was bloomberg video with a caption claiming he said he'd have to acquire more btc elsewhere to meet demands....but they're are more auctions Tim.. are you on some sort of time basis we don't know about?

I know we keep seeing posts of 1k+ from last november.. but to see us semi stable above the previous ATH of 266 ( give r take exchanges ) I think bitcoin did quite well for itself for the year, day traders may have got hurt but.. c'est la vie.

Here's to the ensuing excitement of the future.

He bought 2000 coins above market price...
And I think that he bid on more than those 2000 coins...
Which most likely means the other 48000 coins went above market price as well...

http://www.bloomberg.com/news/2014-12-05/tim-draper-wins-part-of-second-silk-road-bitcoin-auction.html we can only assume he paid above MR cause he did last time, but he didn't bid in the same method as last time. The article says he doesn't disclose his price.

[ChartBuddy]

Explanation