God27 (OP)
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Activity: 364
Merit: 250
The 4th industrial revolution!
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December 09, 2014, 06:03:10 PM |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 09, 2014, 06:09:31 PM |
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i guess "crazy bitcoin bull draper" bid 400 USD and the Bitcoin Investment Trust Syndicate above that price  |
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raganius
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December 09, 2014, 06:24:38 PM |
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That's great news! It shows that the "big guys" are arriving... Bitcoin's got a great future, we are the fortunate ones to be here already |
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Oscilson
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December 09, 2014, 10:40:29 PM |
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These 48,000 BTC will be divided by 104 bidding partners. So that might not be all big guys.
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newIndia
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Activity: 2212
Merit: 1049
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December 09, 2014, 10:42:42 PM |
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What is this Bitcoin Investment Trust Syndicate ?
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fenican
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December 09, 2014, 11:08:30 PM |
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2% annual "administrative and safekeeping fee" and a $25,000 minimum if you want to invest: http://www.bitcointrust.co/Nice to know that the 2 minutes I spent learning how to use brainwallet may eventually save me $500 or more per year |
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tins
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December 10, 2014, 12:34:05 AM |
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What is this Bitcoin Investment Trust Syndicate ?
A shell company run by some guy that goes by "Ross"... |
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Guido
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Activity: 1061
Merit: 1001
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December 10, 2014, 12:49:29 AM |
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I am Bonkers BTW
Crypto OG
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Digital Artist
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malaimult
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December 10, 2014, 05:52:26 AM |
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These 48,000 BTC will be divided by 104 bidding partners. So that might not be all big guys.
I think this fact would make it even more significant. It shows that many people with a lot of money behind them are willing to believe in and invest in bitcoin |
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TrailingComet
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December 10, 2014, 09:46:21 AM |
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2% admin fee? That's a sweet deal for the managers....
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botany
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Activity: 1582
Merit: 1064
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December 11, 2014, 03:26:41 AM |
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This is great news.
So in effect there were only 2 winners.
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Oscilson
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December 11, 2014, 04:41:56 PM |
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Actually there are 104 (syndicate) +1 winners. T
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feryjhie
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December 11, 2014, 05:19:39 PM |
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will this affect with the price of bitcoin ?
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Fabrizio89
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December 11, 2014, 05:36:35 PM |
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Draper may have bid lower than market this time, I think that guy is not that great at bidding as he is for recognizing great ideas.  If the syndicate won so much coins the logical conclusion is that bids were very low this this round, I don't think there are much people in those groups that need Bitcoin from us marshall. |
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raganius
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December 11, 2014, 09:42:07 PM |
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What is this Bitcoin Investment Trust Syndicate ?
A shell company run by some guy that goes by "Ross"... These 48,000 BTC will be divided by 104 bidding partners. So that might not be all big guys.
Great. I didn't know about this detail. Thanks. |
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malaimult
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December 13, 2014, 05:32:14 AM |
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Draper may have bid lower than market this time, I think that guy is not that great at bidding as he is for recognizing great ideas. If the syndicate won so much coins the logical conclusion is that bids were very low this this round, I don't think there are much people in those groups that need Bitcoin from us marshall. It appears there was overall less interest in this auction as it both received less bidders and less bids. I would not be surprised if the discount was larger this time around then it was when the USMS auctioned the silk road coins last time |
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jsgayo
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December 13, 2014, 05:37:35 AM |
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Participate in the auction number and not as good as last time funds.
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Remember remember the 5th of November
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Activity: 1862
Merit: 1011
Reverse engineer from time to time
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December 13, 2014, 06:10:54 AM |
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Participate in the auction number and not as good as last time funds.
Price went down, many people probably lost money from the previous purchase. |
BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Danx-
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Activity: 77
Merit: 10
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December 13, 2014, 07:08:20 AM |
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Great for them! The ones who made the most are the US Government, they spent nothing (except salaries of a day for FBI team) to get all those bitcoins!
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gkv9
Legendary
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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December 13, 2014, 05:58:26 PM |
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Is it a Single Trust with multiple bidders who won the different blocks for them? I've read the article, but still can't get it who actually got those coins...
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