Bitcoin Forum

Or are they Hodling?

As I know, on January 24, US police will sell 50 million US dollars of confiscated drugcoin from drug criminals so you can buy cheap from there,
But you need to remember that the sale of the police needs to publicize his identity, so be careful.

after they claimed their airdrops...

If they ever held coins, you can be sure they will NOT be selling now. You see even if they have that kind of funds, they must invest into certain kinds of business so that the value does not depreciate at the same make more money where possible. 

I wouldn't want to do business with the police even if they go ahead to sell now. However I think someday if not now, they'll those drug coins

I don't think fii gona sell bitcoin right now.. maybe they gona sell around 30000$ I had read a article saying bitcoin gona go around that point and might fii may sell at that time

The FBI should not sell its bitcoins - it would be contrary to their rules of law. But even if they do, we will see a sharp drop in the Crypto currency for a while, then everything will return to normal. But no one applauds the FBI for such a decision.

but already there have been public sales of confiscated bitcoins. I think they do it on regular basis, don't they?

Bulgaria does have a large chunk of its national budget in confiscated bitcoins, too

Or maybe they should destroy it same as they destroy drugs? :D They don't sell confiscated drugs as far as I know.

I quite agree that they can have a public sales of CONFISCATED BITCOIN, but they bought (or mined) this.
Is there any evidence or any article to back claim? [Bulgaria does have a large chunk of its national budget in confiscated bitcoins]

@justbfa of course there is: https://www.coindesk.com/bulgarian-government-sitting-3-billion-bitcoin/

The master controllers won't be long in swooping in and making sure these Bitcoin don't get sold to the minions. Same with the FBI coins. They would rather have them all sitting doing nothing than have the masses independently wealthy.

you see with the current events (bitcoin going down to 10k) if they had sold it at 20k they wouldn't have exactly made the masses wealthier :D

I dont think anyone will sell at this point of time as everyone know that this is the HODL time. I dont think a government serving agency will sell the coins this early. They may not have enough rules and regulations to understand and use this kind of currency.

Yes they would because each Bitcoin is going to be worth a lot of money for people who hold them at the end of all the chaos. They don't want you holding any, they want them all. Buy as cheap as you can but buy everything you can afford and hodl them. Don't listen to all the scare mongering crap their corporate controlled media is spinning. It's all lies.

As I said, they had a lot of bitcoin confiscated (from Silk Road I think) previously and they DID sell it on a public auction, it was a headlines event some 3 years ago or whatever. And it was a hodl time too.

Actually, if you are going to auction it, then it must be a hodl time. How do you exactly imagine selling it when everybody sells?

Okay this is crazy. Why would we wait for something like that, I mean what is the use if they dump their coins in the market. It will only cause the market to dump very hard and we will see even more downward moment for it. We don’t want that to happen isn’t it.? Or do we really need that dump. I mean on the other hand we can have the cheap coins to buy and then we can dump them once they get higher. But I’m sure that I won’t buy such coins which are already have blood hands on it. Lolz.

how much it is going to be worth in future is anyone's guess, you know

Not exactly. There are algorithm's you can apply to Bitcoin that work for tech, networks and finance. All of them make predictions of huge prices.

holding or trying to disrupt the market btw it's disgusting That they are selling drug money
and profiting from drug money .... 

did they really have 144000 BTC   ???  :'(

Maybe they are waiting for some good fork?  ;D Or they want to sell them when price per bitcoin would be 30000$ It would be funny if this is true