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hello_good_sir
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July 01, 2014, 09:05:07 PM |
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If this bidder paid above market price then he has an incentive to tell us what the price is.
If he paid below market price then he has an incentive to keep the price secret.
Losing bidders all have an incentive to keep their bids secret until they can acquire some more bitcoins.
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DeathAndTaxes
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Gerald Davis
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July 01, 2014, 09:07:48 PM |
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I heard this lady like to buy up lots of assets ....  (No I am not being serious but boy would that be interesting). |
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beetcoin
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July 01, 2014, 09:12:30 PM |
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If this bidder paid above market price then he has an incentive to tell us what the price is.
If he paid below market price then he has an incentive to keep the price secret.
Losing bidders all have an incentive to keep their bids secret until they can acquire some more bitcoins.
yeah pretty much.. we've already had a few bidders who went low and ended up losing and posting their numbers though, i think. i think the under-spot bidders can be marked off as people who were just looking to score a few cheap coins and were not really all that serious about putting money into bitcoin though. |
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montreal
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July 02, 2014, 03:17:29 AM |
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Did not expect the auction to play out like that honestly. But I'm sure a few of the other 44 bidders are still looking to get their fair share of btc soon
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mkc
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July 02, 2014, 04:18:14 AM |
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This is pretty funny. Good one. I heard this lady like to buy up lots of assets .... (No I am not being serious but boy would that be interesting). |
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Cicero2.0
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★☆★Bitin.io★☆★
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July 02, 2014, 04:35:24 AM |
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So this is good news I guess? There won't be a bunch of coins flipped for immediate profit by low bidders.
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Sindelar1938
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July 02, 2014, 04:37:40 AM |
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The auction appears to have been handled professionally with minimum disruption to the market
Let's wait and see if any info about the auction terms leak in coming days
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DannyElfman
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July 02, 2014, 04:39:50 AM |
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If this bidder paid above market price then he has an incentive to tell us what the price is.
If he paid below market price then he has an incentive to keep the price secret.
Losing bidders all have an incentive to keep their bids secret until they can acquire some more bitcoins.
Why would the losing bidders want to keep their bids secret? All that it would mean is that the price they offered is less then the price paid by the winner. They have even more of a reason to not need to keep their bid secret if they bid below the market price at the time (see above quote) |
This spot for rent.
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jbreher
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lose: unfind ... loose: untight
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July 02, 2014, 05:41:31 AM |
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Ya know what is funny? That Coindesk article has links to source docs for some of its assertions, but it does not reference any statement by USMS themselves about the results.
Are they just making stuff up? If not, why not disclose the source? It's not like they are the paragon of investigative reporting.
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Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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Swordsoffreedom
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Leading Crypto Sports Betting & Casino Platform
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July 02, 2014, 06:23:14 AM |
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As long as they didn't all agree that one group would make the highest bid then they diversify those coins among them it's all good That said I really really want to know the price as well and am keeping track This thread as well has all the news so far for those curious http://coinfire.cf/2014/06/30/breaking-usms-auction-winners-notified/ |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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AltcoinAuthority
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July 02, 2014, 06:53:52 AM
Last edit: July 02, 2014, 07:04:46 AM by AltcoinAuthority |
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Who Won The Silk Road Bitcoin Auction??YouTube Video Speculation is starting to arise regarding the identity of the sole winner of the 30,000 bitcoin auction that was held by the US Marshals Service. The objective of this auction was to liquidate the bitcoins which were seized from the Silk Road back in October 2013. Who is this mysterious investor that outbid everyone else for $19 million worth of bitcoins? The mere fact that one bidder, out of 42 others who put down a deposit of $200,000, won the entire auction has important ramifications on what’s to come. These bidders who have indicated a clear interest in buying bitcoin in large volumes will now be left to satisfy their demand on the open market. This could lead to a continuation of the uptrend that was started on Monday. However the question still remains: Who is this person that won all 30,000 bitcoins and what will they do with them next? According to the blockchain, the bitcoins have already been transferred and the deal is complete. ... Continue Reading:http://altcoinauthority.com/2014/07/who-won-the-usms-silk-road-bitcoin-auction/ |
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Justin00
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July 02, 2014, 07:00:47 AM |
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Where does the USA auction of all the other stuff they sieze ?? like boats, cars etc etc ? I went to a police auction in Aus. It was shit. golf clubs and power tools  |
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AltcoinAuthority
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July 02, 2014, 07:03:46 AM |
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Where does the USA auction of all the other stuff they sieze ?? like boats, cars etc etc ? I went to a police auction in Aus. It was shit. golf clubs and power tools This was an exclusive auction it seems.. Bidders were required to put down $200k as a deposit. Doubt you'd see any golf clubs or power tools at this auction  |
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Justin00
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July 02, 2014, 07:05:48 AM |
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sweeeeet jesus 200k deposit!!
Suppose its just a deposit... and I guess if you were going to bid you'd have some big dollars behind you.
The hole thing is pretty funny. No doubt USA will ban bitcoins now they have made their $$.
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Lethn
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July 02, 2014, 07:06:35 AM |
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I bet you it was Max Keiser  |
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AltcoinAuthority
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July 02, 2014, 07:26:19 AM |
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I bet you it was Max Keiser Or the Winkledink's Or Satoshi himself!! Or Santa Clause  I'm sure we'll never know. |
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haploid23
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July 02, 2014, 09:16:43 AM |
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No doubt USA will ban bitcoins now they have made their $$.
Is this a trolling statement? Do you realize that USMS and FBI is part of the US government? This sets precedence that bitcoin is allowed to be sold, otherwise it would be very hypocritical of the government. In fact, California has now legalized bitcoin, and I'm pretty sure other states will eventually follow. |
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bitkoof
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CoinDesker
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July 02, 2014, 10:57:00 AM |
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Ya know what is funny? That Coindesk article has links to source docs for some of its assertions, but it does not reference any statement by USMS themselves about the results.
Are they just making stuff up? If not, why not disclose the source? It's not like they are the paragon of investigative reporting.
Was an email statement. |
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SweetBits.biz
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July 02, 2014, 11:01:20 AM |
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No doubt USA will ban bitcoins now they have made their $$.
Is this a trolling statement? Do you realize that USMS and FBI is part of the US government? This sets precedence that bitcoin is allowed to be sold, otherwise it would be very hypocritical of the government. In fact, California has now legalized bitcoin, and I'm pretty sure other states will eventually follow. Colorado has legalized weed.....but it is still illegal federally. So that doesn't mean anything. And you think the US Government is not hypocritical? lol |
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