Right, now that I keep reading about bitcoins being auctioned off after raids and seizures, I would now like to ask if anyone has any idea how we might participate in the bid? I would assume they are being put up in lots, and are open to public, just as police auctions are in my country, anyway. Let's have a chance at cheap bitcoins!
It depends which country gets them and so far mostly in U.S,and may be Bitcoin from Alphabay likely will be auctioned by U.S Marshal like (silkroad).
Well i don't mean to be rude but we can not afford to buy bitcoin in auction,because we need million dollars or more to start bidding (which is most of them held by U.S Marshal,and Bitcoin prices not really cheap even if they auctioned it.)
Ps: even if they dump it,Bitcoin prices won't fall,just like before when mt.gox scam (it will drop,but not really significant[at worst,it will only become a trigger])