Post
Topic
Board Bitcoin Discussion
Re: Silk Road Bitcoin Auction Winner Tim Draper Won't Say How Much He Paid
by
medUSA
on 03/07/2014, 10:03:10 UTC
He must have paid above market rate at the time of the auction and below the current market rate (ie, between $570 and $650). If he discloses his below current market rate bid, bitcoin price will fall towards his bid level. His new fortune will shrink by millions in fiat terms.