US Marshall Service to Auction More Than $1 Million in Bitcoin

[BTCManagerOfficial]

https://btcmanager.com/news/us-marshall-service-to-auction-more-than-1million-in-bitcoin/

Will it affect the price? Let us know your thoughts in the comments below.

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[TippingPoint]

I like it when the U.S. government sells Bitcoin.  They are not allowed to sell illegal things.  It is a step toward wider acceptance.

[rizzlarolla]

https://btcmanager.com/news/us-marshall-service-to-auction-more-than-1million-in-bitcoin/

Will it affect the price? Let us know your thoughts in the comments below.

My thoughts...

If I wanted to read btcmanager magazine, I would go to btcmanager magazine
And I could comment there.

It is probably copy paste article?

[Bit_Happy]

https://btcmanager.com/news/us-marshall-service-to-auction-more-than-1million-in-bitcoin/

Will it affect the price? Let us know your thoughts in the comments below.

The United States Marshall Service will be hosting another auction of Bitcoin, worth around $1.6 million at current trading prices. Scheduled to occur on August 22nd in a 6-hour session from 8 a.m. to 2 p.m. EDT, the USMS have sent out notifications on their website Monday, August 8, 2016, giving interested bidders a two week notice....


Will it affect the price?
This will support the price since there is a Billionaire who tends to win (almost) all of these auctions.

[calkob]

sounds class where do i place ny bid .....

[pogress]

Will it affect the price? Let us know your thoughts in the comments below.

This time it is not as many coins as US Marshalls auctioned before. It did not crash the price last time, so I do not see why it should do any change to the price with much less coins now. Maybe unrelated, but I remember when they auctioned the coins, Bitcoin price actually increased  between the time of announcement and actual auction, but it was just coincidence in my opinion.

[gentlemand]

Are we ever going to leave this clapped out 'finance professionals will spend millions to dump on Yobit- IT'S THE TRUTH' trope behind?

Nothing much happened with previous auctions. Less than fuck all will happen with this one other than legitimise Bitcoin further.

[purebitco]

I like it when the U.S. government sells Bitcoin.  They are not allowed to sell illegal things.  It is a step toward wider acceptance.

hahaha it wouldnt be the first time when governments go against their own rules so i wouldnt be impressed this would be just another time, i wouldnt put in too much hopes into such adoption

[btvGainer]

https://btcmanager.com/news/us-marshall-service-to-auction-more-than-1million-in-bitcoin/

Will it affect the price? Let us know your thoughts in the comments below.

I million is a big amount and if it is sold in a open market, it will definitely affect the bitcoin price.But I dont think it will happen because big rich buyers will buy most of it and not all coins will become available to general public to buy

[btckold24]

these auctions never really affect price. Its ends up going for basically what its worth from what im told. They dont just let
it go 50 cents on the dollar so it doesnt really take anything away from the market