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Author Topic: "The Feds Are Ready To Sell $25 Million of Bitcoin.  (Read 957 times)
Clyze (OP)
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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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January 20, 2014, 12:05:14 PM
 #2

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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January 21, 2014, 04:09:21 PM
 #3

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.
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January 21, 2014, 04:38:58 PM
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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.
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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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