kireinaha
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August 15, 2014, 08:31:33 PM

That guy that bought all of SR's coins must be kicking himself right now... then again, that money he spent was probably his vacation money for the month. but, why aren't all the other guys that put in their bids buying it up? Thats what I thought was going to happen if one of them didn't win any, they would just buy some on the exchanges, well, now is a great time to be buying.. even if they think it will continue to go down, just slow buy on the way down..

Market this month =/= market in June. If you're not having doubts about the future growth potential of bitcoin right now, you're not thinking clearly.

Edit: Also, many of the bidders put in low ball offers, in the hopes of utilizing their large "bank rolls" to buy them up cheaply and offload them soon after for a quick profit.