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Title: [2015-05-05] CNBC: Feds auction $13.5M worth of Silk Road bitcoins Post by: polynesia on March 06, 2015, 12:23:09 AM Feds auction $13.5M worth of Silk Road bitcoins
http://www.cnbc.com/id/102480336 The U.S. Marshals began auctioning off about $13.5 million worth of bitcoins Thursday morning. Billionaire venture capitalist Tim Draper said he would be a bidder. "Probably the best deal anyone will get," said Draper on Thursday in an email to Reuters. Title: Re: [2015-05-05] CNBC: Feds auction $13.5M worth of Silk Road bitcoins Post by: Chef Ramsay on March 06, 2015, 02:47:48 AM For some reason, I didn't know Draper was of billionaire status and no wonder that his purchase at one of the earlier auctions at a much higher price was no big deal. From his comments here, he went to town at this auction and likely made sure he got all the goods. And if that is the case, he likely won't dump but scooped them all up because he's foreseeing and epic turn-around that will flip the entire script on everyone - bullish/moon.
Title: Re: [2015-05-05] CNBC: Feds auction $13.5M worth of Silk Road bitcoins Post by: polynesia on March 06, 2015, 04:44:11 AM For some reason, I didn't know Draper was of billionaire status and no wonder that his purchase at one of the earlier auctions at a much higher price was no big deal. From his comments here, he went to town at this auction and likely made sure he got all the goods. And if that is the case, he likely won't dump but scooped them all up because he's foreseeing and epic turn-around that will flip the entire script on everyone - bullish/moon. The sooner the uncertainty associated with government held bitcoins gets removed, the better. Draper could possibly start purchasing from the open market after that. ;) |