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Title: Sell the BTC now, by the end of January a price will fall down !!! Post by: ..Andrew.. on January 10, 2014, 10:47:13 PM http://icgeeks.org/the-fbi-could-liquidate-seized-130000-bitcoins-to-silk-road-what-will-happen/
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/ FBI plans to sell BTC on $25,209,752 by the end of January, a course will fall down on 10-30%. Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: gentlemand on January 10, 2014, 10:49:54 PM Do your reading. They won't go anywhere near the open market.
Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: DyslexicZombei on January 10, 2014, 10:50:42 PM Oh noes! Better sell quick!
The Bitcoin skies are falling. Better get out while you can. ;D Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: Colin Miner on January 10, 2014, 10:53:28 PM http://icgeeks.org/the-fbi-could-liquidate-seized-130000-bitcoins-to-silk-road-what-will-happen/ http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/ FBI plans to sell BTC on $25,209,752 by the end of January, a course will fall down on 10-30%. Oh noes! Better sell quick! The Bitcoin skies are falling. Better get out while you can. ;D If you are selling your BTC at 30% below market, I am buying. ;D Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: cbeast on January 10, 2014, 11:49:03 PM The feds don't need to sell them. They print their own money.
Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: stromma44 on January 11, 2014, 12:12:27 AM The feds don't need to sell them. They print their own money. Good for us when they exchange the bitcoins for never ending inflated dollars :) Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: Frost000 on January 11, 2014, 12:36:08 AM I'd definitely jump on the bandwagon to buy more BTC at -30% if they ever do liquidate!
I doubt it'll happen, but who knows... Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: bigasic on January 11, 2014, 01:00:07 AM I thought it was ironic that they said the feds were selling the bitcoins now. Well, if you look at the wallets, not one coin has moved. (as of today).. I don't think they they will be selling them until Ross cuts a deal and lets them seize the coins or if/when he losses in court. I have a feeling that he's cutting a deal. The fed system is a conga line of snitches...Im sure he was in contact with a lot of unsavery characters. Also, (I believe i read this in another thread) that they most likely will auction them off. If they put up 177k bitcoins on the market right now, it would tank it, granted, it would rebound fairly quickly, but the govt wants the most bang for their buck, so they will either sell them very slowly in the open market or auction them off in blocks (pun intended)...
Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: empoweoqwj on January 11, 2014, 02:32:00 AM From the techcrunch article:
"“The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said." If you believe that you believe anything, it sounds like a stupid made up remark. So I doubt the whole article to be honest. Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: BurtW on January 11, 2014, 02:33:21 AM This so called "journalism" is discussed in this thread:
https://bitcointalk.org/index.php?topic=404368.0;topicseen Specifically here: https://bitcointalk.org/index.php?topic=404368.msg4377451#msg4377451 Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: crocko on January 11, 2014, 06:30:17 PM Wow ! Cheap BTC ? I'm in ! :D
Let's pray the BTC/USD will be $1 when they do this ;D Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: hilariousandco on January 11, 2014, 06:36:13 PM From the techcrunch article: "“The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said." If you believe that you believe anything, it sounds like a stupid made up remark. So I doubt the whole article to be honest. Haha, unless DPR cuts a deal I'm sure he'll keep the funds tied up in a legal battle for as long as he can. Title: Re: Sell the BTC now, by the end of January a price will fall down !!! Post by: empoweoqwj on January 12, 2014, 02:58:33 AM From the techcrunch article: "“The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said." If you believe that you believe anything, it sounds like a stupid made up remark. So I doubt the whole article to be honest. Haha, unless DPR cuts a deal I'm sure he'll keep the funds tied up in a legal battle for as long as he can. Internet journalism is ..... horrendous. I blame bloggers ;D |