SR Auction = 30000 coins
Existing coins = 13M
Peoples are nuubcakes.
You understand nothing about markets. It's all psychology. People can be fearful of dumps of those coins if bought cheap, or of manipulation because of the auction and this all affects psychology and thus also the market. You are the noob here.
Exactly,these may be few in number relatively but the potential price movements that could be generated by the quality of the bidders and bids accepted are huge. Could define the future of Bitcoin and the ability of average Joe being able to buy, they could be priced out by syndicates and large traders wanting in. So this auction could be a vision to the next couple of years,interesting times