FBI U.S. Marshals Auction Prices Leaked! (Bullish)

[jbrnt]

7. How does the auction process work?
 This is a sealed bid auction. You will not have the opportunity to view other bids. You will not
have the opportunity to change your bid once submitted.

I am not questioning the process. Is there really no way the public can find out the bids unless US marshals or the auction winners releases the information? Can the public download their financial statements and find out how much they were paid?

[BurtW]

7. How does the auction process work?
 This is a sealed bid auction. You will not have the opportunity to view other bids. You will not
have the opportunity to change your bid once submitted.

I am not questioning the process. Is there really no way the public can find out the bids unless US marshals or the auction winners releases the information? Can the public download their financial statements and find out how much they were paid?

We will not find out the actual numbers unless:  they are leaked by the USMS (as they did some of the bidder names), they are released by the winners (?), we file a FOIA request and it is granted.  See item #11 in the FAQ.

[Ron~Popeil]

The price is up today so that is a good sign for speculators I suppose. 900 seems way out of line unless they were bidding assuming future value.

[polynesia]

I am not questioning the process. Is there really no way the public can find out the bids unless US marshals or the auction winners releases the information? Can the public download their financial statements and find out how much they were paid?

Even the losers can give some information. 

[BTCat]

If it ain't Dutch it ain't much. 

[jbrnt]

Even the losers can give some information. 

Yes! Absolutely. Losers know the minimum to winner's bids. If they choose to release the information, it would be useful too, but it will be after they have bought the coins they need from exchanges first. If there is no official information source, that means we cannot verify any so called "leaks".  

[cr1776]

I seriously doubt it.  While I have no overabundance of faith in the USMS given they are not going to release the results information at all:

10. What information about the auction process or results will the USMS release?
 
The USMS will contact the winning and losing bidders directly. The USMS will not publicly
release any information pertaining to the auction process or results.

From: http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdf

And have not even contacted the winning and loser bidders directly yet, I doubt OP's information.

The winners will have an incentive to push up the price of BTC by suggesting they paid a high price while the losers should downplay what the prices were.  Should be interesting.

They were also not going to release information about the bidders.  They did so by accident.

[cbeast]

If it ain't Dutch it ain't much. 

[randayh]

Is this for real? Or just is this just made up?

[franky1]

i smell fake leak.

the idea is to put the max at the going rate($600) and hope others have lower maxes so that you can get a bargain below going rate..

coinbase can get coins cheaper already why would they put a maximum price of near $700

anyone putting more then the going rate is a moron. especially those that can get coins from elsewhere.

[randayh]

i smell fake leak.

the idea is to put the max at the going rate($600) and hope others have lower maxes so that you can get a bargain below going rate..

coinbase can get coins cheaper already why would they put a maximum price of near $700

anyone putting more then the going rate is a moron. especially those that can get coins from elsewhere.

Maybe not. There is a thing called "market slippage" It normally happens when an asset goes down on low volume. But, I would image that the same issue is true when an asset is going up. In order for a firm to acquire a large quantity of said asset in a reasonable time, it in itself, directly impacts the price in the direction detrimental the buyer. I would expect a premium to be a possibility.  

[haploid23]

They might bid $900, but it doesn't mean they will pay. It could just be a shill company driving up bids.

this is a great chance for someone to troll and drive the price up. most likely the case.

Except that this is a blind auction where bidders will not know what others bid, and you cannot constantly up your bids. The highest bid will not up any other bids. And besides, would anyone really want to troll the FBI when their real identity is known?

[Lauda]

7. How does the auction process work?
 This is a sealed bid auction. You will not have the opportunity to view other bids. You will not
have the opportunity to change your bid once submitted.

I am not questioning the process. Is there really no way the public can find out the bids unless US marshals or the auction winners releases the information? Can the public download their financial statements and find out how much they were paid?

We will not find out the actual numbers unless:  they are leaked by the USMS (as they did some of the bidder names), they are released by the winners (?), we file a FOIA request and it is granted.  See item #11 in the FAQ.

I do not see the usefulness of any of us here knowing that information.

[cp1]

Is Pantera even still together?  What do they want with bitcoins?

[hellscabane]

Admittedly, I feel like with the transfer of the amount of coins, a slightly inflated price price (with an appended discount) would make sense. I see a price of $750 as slightly high for 30k Bitconis (considering bulk transitioning), but not overly crazy considering that buying 6k BTC would push the price at Bitstamp to over $700.

[crazy_rabbit]

Is Pantera even still together?  What do they want with bitcoins?

Pantera accumulates bitcoins. Thats what they do. Then they sell shares of these coins to investors. It's a fund.

[BurtW]

Is Pantera even still together?  What do they want with bitcoins?

Pantera accumulates bitcoins. Thats what they do. Then they sell shares of these coins to investors. It's a fund.

I thought they were a band.  My mistake.

[TooDumbForBitcoin]

1.  The word "bullshit" in this thread title is misspelled.

2.  Avg purchase price of auctioned coins will be 620.

[tins]

Just logged on to see if prices were released...saw this thread.
What a disappointment and waste of time.

[RixDollar]

$900?

Seriously?