[2014-11-18] Bloomb: Bitcoin Auction - Draper to Bid Again in December

[LiteCoinGuy]

Bitcoin Auction Winner Draper to Bid Again in December

Venture capitalist Tim Draper, the sole winner in a June auction of about 30,000 bitcoins, said he plans to bid again when the U.S. government sells an even bigger cache of the virtual currency next month.

http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html


thats a true BTC believer 

[1714767609]

1714767609

[seriouscoin]

If i'm as rich as him, i will buy all those coins from FBI.

[botany]

This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

[mercistheman]

Would be interested to see where this would put him as a % of btc ownership.

[notthematrix]

The current fiat system will fail this generation , and bitcoin is a logical repalcement.

[LiteCoinGuy]

This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this 

[botany]

This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this 

This was the reason the price dipped prior to the last auction. People weren't sure that "holders" will be taking part in the auction. 

[LiteCoinGuy]

This provides support for the price.
A lot of other bidders wanted to make a quick buck - Buy it from the FBI and then dump it on the exchanges.

pretty stupid idea and actually no bidder wants to do this 

This was the reason the price dipped prior to the last auction. People weren't sure that "holders" will be taking part in the auction. 

people like Draper and Silbert are big believers with a good view in the future. sure they are hodlers and creators.