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"The Feds Are Ready To Sell $25 Million of Bitcoin.
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Topic: "The Feds Are Ready To Sell $25 Million of Bitcoin. (Read 957 times)
Clyze
(OP)
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Invest in your future.
"The Feds Are Ready To Sell $25 Million of Bitcoin.
January 20, 2014, 11:24:10 AM
#1
The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social
Title says all; What I do like to see is a discussion about this.
What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket?
I know it is all speculation but I love these discussions!
Throw in your emotions and thoughts.
Cheers,
Clyze
Invest in your future.
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cr1776
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Re: "The Feds Are Ready To Sell $25 Million of Bitcoin.
January 20, 2014, 12:05:14 PM
#2
Quote from: Clyze on January 20, 2014, 11:24:10 AM
The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social
Title says all; What I do like to see is a discussion about this.
What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket?
I know it is all speculation but I love these discussions!
Throw in your emotions and thoughts.
Cheers,
Clyze
If you want to see discussion about it, here are two of many threads already doing so:
https://bitcointalk.org/index.php?topic=421646.0
https://bitcointalk.org/index.php?topic=419716.0
skivrmt
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Activity: 994
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Re: "The Feds Are Ready To Sell $25 Million of Bitcoin.
January 21, 2014, 04:09:21 PM
#3
Quote from: cr1776 on January 20, 2014, 12:05:14 PM
Quote from: Clyze on January 20, 2014, 11:24:10 AM
The Feds Are Ready To Sell $25 Million of Bitcoin Seized From The Silk Road
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social
Title says all; What I do like to see is a discussion about this.
What are your thoughts? Will they sell or will they hold? IF they sell, how big will the impact be on the bitcoinmarket?
I know it is all speculation but I love these discussions!
Throw in your emotions and thoughts.
Cheers,
Clyze
If you want to see discussion about it, here are two of many threads already doing so:
https://bitcointalk.org/index.php?topic=421646.0
https://bitcointalk.org/index.php?topic=419716.0
And they aren't, most likely, going to sell on the open market as the previous threads will point out. Most likely they will negotiate a price between a major buyer(s) and simple transfer the coins. Second Market, Fortress, various hedge funds etc. The impact should be negligible.
SuperShitBitch
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Activity: 8
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Re: "The Feds Are Ready To Sell $25 Million of Bitcoin.
January 21, 2014, 04:38:58 PM
#4
I hope they are naive enough to think they can kill the market by selling openly, so we can enjoy the feeding frenzy. I also fancy that it could be a bluff and they don't actually have full access to the coins.
_Miracle
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Activity: 906
Merit: 659
Do due diligence
Re: "The Feds Are Ready To Sell $25 Million of Bitcoin.
January 21, 2014, 05:11:30 PM
#5
They will sell.
IF
it has an impact on the market, price may dip (so buy) and then rise again.
It's setting a precedent in confirming that bitcoin is an asset of value...jmo.
There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
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