> No exact figures have been released, but based on other bidder's input, the as... | Hacker News

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		mbillie1 on July 2, 2014 \| parent \| context \| favorite \| on: Venture Capitalist Tim Draper Wins Bitcoin Auction > No exact figures have been released, but based on other bidder's input, the assumptions are that his bid was well over the market price. So how is this justified?

Phlarp on July 2, 2014 [–]

If this many bitcoins were purchased in a short time frame on the exchanges the price would shoot well over 1000 almost instantly.

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