Post
Topic
Board Speculation
Re: Effect of Ulbricht's 50,000 Btc Auction
by
calci
on 07/03/2015, 10:42:35 UTC
It would not make sense to buy those coins at a 30% higher price and dump them at the normal price in the market. I am sure people who invest 13 million USD in the auction, and smart enough not to dump it right away
Are you sure the price is 30% higher than the market price?
Is there any reliable resource can confirm this?
I believe the one who win this coin surly understand the value of bitcoin.
They will not dump it.

I think it was the rise in interest and the possiblity of it being 30% more than the market price. Not sure what the result was though.