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Title: US Marshals Successfully Auction $30 Million in Bitcoin Post by: alyssa85 on February 09, 2018, 04:14:37 PM https://www.coindesk.com/us-marshals-successfully-auction-off-30-million-bitcoin/
Quote The U.S. Marshals Service confirmed Thursday that more than 3,600 bitcoin sold at auction in January have been successfully transferred to five winning bidders. An unknown winner received 1,600 bitcoin (worth about $13.4 million at press time), the agency confirmed in an email today, with the remaining buyers receiving 500, 500, 200 and 813 bitcoins (worth $4 million, $4 million, $1.6 million and $6.7 million), respectively. With the exception of Riot Blockchain, which claimed one of the two 500-bitcoin lots, the names of the winners were not disclosed. Riot voluntarily announced it had received 500 bitcoins shortly after the sale. Notably, the agency ended up selling 100 bitcoins less than anticipated, a development it said was due to unforeseen technical issues. The agency is now maintaining custody of those assets. Stepping back, the sale marks the first time since 2016 that the agency has auctioned off bitcoins. At the time, the agency sold 2,700 bitcoins for a profit of less than $2 million. The market seems to have absorbed these coins without problem - another plus for bitcoin's resilience? Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: BrewMaster on February 09, 2018, 04:19:07 PM The market seems to have absorbed these coins without problem - another plus for bitcoin's resilience? no because these coins which are auctioned are never going to reach the "market". they never have and probably never will, directly. i am surprised that this time there are 5 winners. usually there is only one. and someone who buys millions of dollars worth of bitcoin is not buying it to dump on the market.... Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: jondel on February 09, 2018, 04:23:37 PM I guess there's massive sells in the market.
Is this why bears win the fight? Auction plus FUD every where.. Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: Abete on February 09, 2018, 04:28:44 PM this is a horrendous news, it is not a little thing. imagine 30 million bitcoin is more than an extraordinary word. all eyes must be fixed on the United States navy. I look forward to the response from other countries related to this hot news. :D
Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: stompix on February 09, 2018, 06:57:41 PM I guess there's massive sells in the market. Is this why bears win the fight? Auction plus FUD every where.. Do you really think somebody will go there, but bitcoins from an auction (the last ended with price higher than the market), end then he will have nothing to do than dump it on the market? And furthermore you whine about FUD? That's exactly what you do, here on this thread!!!!! this is a horrendous news, it is not a little thing. imagine 30 million bitcoin is more than an extraordinary word. all eyes must be fixed on the United States navy. I look forward to the response from other countries related to this hot news. :D Sorry but I can't really imagine 30 million bitcoins. ;D Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: jmlona on February 09, 2018, 07:07:52 PM Sorry but I can't really imagine 30 million bitcoins. ;D Hahaha. https://www.coindesk.com/us-marshals-successfully-auction-off-30-million-bitcoin/ The U.S. Marshals Service confirmed Thursday that more than 3,600 bitcoin sold at auction in January have been successfully transferred to five winning bidders. An unknown winner received 1,600 bitcoin (worth about $13.4 million at press time), the agency confirmed in an email today, with the remaining buyers receiving 500, 500, 200 and 813 bitcoins (worth $4 million, $4 million, $1.6 million and $6.7 million), respectively. With the exception of Riot Blockchain, which claimed one of the two 500-bitcoin lots, the names of the winners were not disclosed. Riot voluntarily announced it had received 500 bitcoins shortly after the sale. Notably, the agency ended up selling 100 bitcoins less than anticipated, a development it said was due to unforeseen technical issues. The agency is now maintaining custody of those assets. Stepping back, the sale marks the first time since 2016 that the agency has auctioned off bitcoins. At the time, the agency sold 2,700 bitcoins for a profit of less than $2 million. The market seems to have absorbed these coins without problem - another plus for bitcoin's resilience? [/quote] These coins are likely not on the market, unless they were being bought at a discount there would be no reason to buy them and then dump them on to the market. They're probably sat in some business mans wallets somewhere and will remain there for some time. Also 3600 bitcoin isn't a huge amount for the market to absorb. Title: Re: US Marshals Successfully Auction $30 Million in Bitcoin Post by: Aneuk cabang on February 10, 2018, 07:29:42 AM The market seems to have absorbed these coins without problem - another plus for bitcoin's resilience? no because these coins which are auctioned are never going to reach the "market". they never have and probably never will, directly. i am surprised that this time there are 5 winners. usually there is only one. and someone who buys millions of dollars worth of bitcoin is not buying it to dump on the market.... |