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Author Topic: Silk Road Bitcoins Auction  (Read 451 times)
Laosai
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November 04, 2015, 04:16:46 PM
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So tomorrow will be the date to take place of the online auction of 44,341 BTC from the silkroad by the US Marshalls Services(reference: http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/)

I'm just wondering, will this affect bitcoin price? If yes, how? Will bitcoin price go down or will continue going up? What do you think?

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Meuh6879
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November 04, 2015, 04:18:28 PM
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no actions are dump after a sale ...
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November 04, 2015, 04:18:41 PM
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I think this time around the auction will have to bow to the rest of the market. It's busy doing its own thing and cares not for these things right now.

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November 04, 2015, 04:39:39 PM
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November 04, 2015, 05:03:44 PM
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I think the winner will be some bitcoin supporter or business as with previous winners and they will have no desire to dump the coins.  Rather use the coins to make more money.
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