Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cbeast
on 05/12/2014, 14:47:51 UTC

Quote
Bids received - 104
BTC quantity bid - 124,127

ähhh...what? i dont get it...somebody care to explain?


Barry Silbert / Secondmarket collected 104 bids for a total of 124,127 coins. They merged the bids and made new bids for the 50,000 bitcoins on the auction.
That doesn't say anything about price. I bet the high bidders will be upset if they don't get all the coins they wanted.