All posts made by crazyearner in Bitcointalk.org's Wall Observer thread



1. Post 7406236 (copy this link) (by crazyearner) (scraped on 2020-04-04_Sat_12.54h):

I can see people trying to drive the price down for the sell off of the coins. Am sure the twins will be into buying some along with some big corporate company's who have more than enough and want a cheap buy in to be really greedy and try manipulating markets.



2. Post 7406865 (copy this link) (by crazyearner) (scraped on 2020-04-04_Sat_12.54h):

Quote from: JorgeStolfi on June 19, 2014, 11:31:11 PM
The problem with SR coins is not that they'll get dumped, but that those investors who would normally buy bitcoin using 3rd party exchange operators are now NOT investing anymore and they simply wait to bid.
There is no way of telling how many bidders there will be and what will be the winning bid.  At this point, I would guess 10% probability that any given bidder will get any coins at all.

So, buying at the auction cannot be part of any strategic planning.  For the bidders, it will be an opportunistic shot in the dark -- may provide juicy extra gain if it succeeds, but most likely it will not, so the bidder would have to plan for business as usual.  The main impact would be for the "poorest" bidders who will have to set aside the auction money until the bids are opened, and thus may be forced postpone their regular buys.

Plus there are even more investors looking for the 144K auction
But has the court cleared that auction yet?

(I know that DPR hasn't exhausted the appeals yet, but I vaguely recall reading somewhere that the court had authorized the auction, with the understanding that DPR would be refunded in dollars if he wins on appeal.  Is this correct?)

If that auction has to wait for the appeals, then it may be a long way off -- a year, maybe?



Its not a year off their in the final stages of it and once they have all the people for the auction then they will be sold off and related to the people within that auction and no doubt be held and sold of in small chunks to not effect prices or they will end up playing it very smartly and gain a lot from it even tho buying at the price of their buy in