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Title: "The Feds Are Ready To Sell $25 Million of Bitcoin. Post by: Clyze on January 20, 2014, 11:24:10 AM The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social Title says all; What I do like to see is a discussion about this. What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket? I know it is all speculation but I love these discussions! Throw in your emotions and thoughts. Cheers, Clyze Title: Re: "The Feds Are Ready To Sell $25 Million of Bitcoin. Post by: cr1776 on January 20, 2014, 12:05:14 PM The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social Title says all; What I do like to see is a discussion about this. What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket? I know it is all speculation but I love these discussions! Throw in your emotions and thoughts. Cheers, Clyze If you want to see discussion about it, here are two of many threads already doing so: https://bitcointalk.org/index.php?topic=421646.0 https://bitcointalk.org/index.php?topic=419716.0 Title: Re: "The Feds Are Ready To Sell $25 Million of Bitcoin. Post by: skivrmt on January 21, 2014, 04:09:21 PM The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social Title says all; What I do like to see is a discussion about this. What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket? I know it is all speculation but I love these discussions! Throw in your emotions and thoughts. Cheers, Clyze If you want to see discussion about it, here are two of many threads already doing so: https://bitcointalk.org/index.php?topic=421646.0 https://bitcointalk.org/index.php?topic=419716.0 And they aren't, most likely, going to sell on the open market as the previous threads will point out. Most likely they will negotiate a price between a major buyer(s) and simple transfer the coins. Second Market, Fortress, various hedge funds etc. The impact should be negligible. Title: Re: "The Feds Are Ready To Sell $25 Million of Bitcoin. Post by: SuperShitBitch on January 21, 2014, 04:38:58 PM I hope they are naive enough to think they can kill the market by selling openly, so we can enjoy the feeding frenzy. I also fancy that it could be a bluff and they don't actually have full access to the coins.
Title: Re: "The Feds Are Ready To Sell $25 Million of Bitcoin. Post by: _Miracle on January 21, 2014, 05:11:30 PM They will sell.
IF it has an impact on the market, price may dip (so buy) and then rise again. It's setting a precedent in confirming that bitcoin is an asset of value...jmo. |