US Marshals auction

[mrcrypto12]

As we know, yesterday U.S. Marshals has Sell bitcoin almost $25 Million by auction. is there any hidden agenda why they do that, because the problem is they sell bitcoin very cheap, start from  4.000 USD, not usually like other bitcoin transaction. i want to know whats your opinion about this.

[1715222195]

1715222195

[1715222195]

1715222195

[JanpriX]

Don't know where you'd get your data but from what I read, the online auction will be held on March 19, 2018. The bidder registration started last March 5 and will last up until March 14. I can't find any detail saying that they already pushed through with the sale so my guess is that they will do it online at the scheduled date. There's also no data regarding the price of it until the said date so if you have other source of information, you could post it for everyone to know.

The article that I read consisting the information that I mentioned above is in this link.

[grimesrhymes]

As we know, yesterday U.S. Marshals has Sell bitcoin almost $25 Million by auction. is there any hidden agenda why they do that, because the problem is they sell bitcoin very cheap, start from  4.000 USD, not usually like other bitcoin transaction. i want to know whats your opinion about this.

If it is by auction then the starting price doesn't really matter. Of the ones that I've seen happen in the past the majority actually ended up selling the coins above the current market rate (I guess people feel it's a more legitimate way to buy?). It's never going to go for much below the market rate because it's such an easy way for people to profit if that was the case, they would just buy and dump it right away.

[onnz423]

I wish I had been at that auction, since I'm sure they probably sold it for quite a big discount due to the low attendance familiar with bitcoin. Still, I think it's good news, because at least they understand it's a valuable asset, I'd like to know if they paid tax on the sale.