Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
criptix
on 07/03/2015, 19:09:49 UTC
...
Secondly people who think that the coins would be dumped just don't understand the sort of people who are bidding. They are investment firms etc that have no interest in just dumping on the market for a few thousand $ profit...

Another variant of "rich folks are different from you and me, Martha."
How is it it's still getting play here?
Anyone care to explain why 50K BTC won't be dumped @ market if these coins were bought @$100?
Would translate to some serious scratch, locked in, immediately.

I think they were bought at ~180-200$, so there will be a dump. Even Draper hinted that he has bought his stash below market, but fools cannot learn that there always was a huge dump after every past auction.

we already know from this auction that one losing bid was 221. thats our minimum.

Please link where draper said he bought under market.
It is much more likely he paid a premium in the first auction ( he won all) and atleast market or over in the 2nd auction ( he won 2000 )