SR auctioned coins - group buy?

[elasticband]

any thoughts on the community bidding in the auction.

20 people at 10k each can make up the entry deposit.

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[nitehawk]

they're for sale now ?

[GreekBitcoin]

Yeah i was thinking if something like this is possible

[elasticband]

they're for sale now ?

No the auction is next month?

A 200k deposit(refundable) is needed to enter.

I figured we would need 20 people to front 10k each, this would need to be moved and held in a escrow

We would then need to find someone to front the full 200k and offer them a free % for their time and efforts.


I'm down for 10k

[tymm0]

if i had 10k I'd throw it in in a heartbeat.

[elasticband]

Not sure how this would entirely work but I doubt the FBI would let Escrow hold funds for them.

at no point do I say the FBI's 200k would be held in escrow

[Gianluca95]

any thoughts on the community bidding in the auction.

20 people at 10k each can make up the entry deposit.

That's a good and interesting idea but, are we surely that 200.000$ can suffice?

[elasticband]

any thoughts on the community bidding in the auction.

20 people at 10k each can make up the entry deposit.

That's a good and interesting idea but, are we surely that 200.000$ can suffice?

200k is the deposit needed to enter the auction.

Winning bid would need to be transferred the day after auction winners are announced. It would be a lot of work.


we could try bid on 1 A group at 3000BTC or we could try bidding on the B group at around 2500btc

[GigaBit]

You'd have an easier time getting 200 people at $1,000 I think.

They're making the entry point only accessible to those who want it most...  the already stinkin' rich...

If the forum would push this thread, I think a lot of people would sign up.

Look at the lending forums, people will invest in anything that offers a decent return.

I'd be willing to go in for $1K, I'm sure many others would be more receptive to this also but selling the idea's  a different story...

Best of luck 

[spazzdla]

I can get 1K, but I'd have to meet/talk to the person running it.  People are not to be trusted.

[Mined]

Wow this is really fascinating. Let's get this together and make it happen!

[icet208]

possibly bidders list leaked http://www.coindesk.com/list-possible-silk-road-bitcoin-bidders-allegedly-leaked-us-marshals/

[kuusj98]

Who knows how much the price will rise at an auction, I don't think many people that go bidding really know a good value at which they need to stop..

[Mayuyu48]

Who knows how much the price will rise at an auction, I don't think many people that go bidding really know a good value at which they need to stop..

i read this is closed auction, not open auction
is it right?

possibly bidders list leaked http://www.coindesk.com/list-possible-silk-road-bitcoin-bidders-allegedly-leaked-us-marshals/

wow many bidders are from bitcoin based company
i surprised when i see bidders from BNP Paribas
is she/he interested in bitcoin personally or BNP paribas interested in this auction and send him/her

[Harley997]

any thoughts on the community bidding in the auction.

20 people at 10k each can make up the entry deposit.

That's a good and interesting idea but, are we surely that 200.000$ can suffice?

200k is the deposit needed to enter the auction.

Winning bid would need to be transferred the day after auction winners are announced. It would be a lot of work.


we could try bid on 1 A group at 3000BTC or we could try bidding on the B group at around 2500btc

You also have the issue of the possibility of getting scammed by whoever is collecting the funds to submit a bid

[elasticband]

nope, the entry person would need to front 200k while 200k raised + a fee were held in escrow until competition.

this ensures the entry cannot run off with other peoples 200k and it ensures there is 200k waiting I  escrow.

[GIANNAT]

200k$ definitely won't be the final price

[Bobsurplus]

200k$ definitely won't be the final price

Nope, more like 1.4M

so 20 People means 70K cash each..


Fuck it, I'm in!

[elasticband]

200k$ definitely won't be the final price

who said we want to win 

[DubFX]

We would need someone really trusted with all of his doxx info, it's BIG sum of money.