BurtW
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Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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June 12, 2014, 10:31:58 PM |
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I don't really see it increase again as long as these amounts of Bitcoins are for sale by the FBI.
What the hell are you talking about? It is only 30,000 coins. They are not for sale by the FBI. They are going to be auctioned off later this month. Nothing you said is true or makes any sense at all. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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lynn_402
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June 12, 2014, 10:40:01 PM |
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I don't really see it increase again as long as these amounts of Bitcoins are for sale by the FBI.
What the hell are you talking about? It is only 30,000 coins. They are not for sale by the FBI. They are going to be auctioned off later this month. Nothing you said is true or makes any sense at all. By the time they are sold, more than twice that amount will have been produced by miners. It's a good thing they are not yet selling DPR's coins, though. |
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Don007
Legendary
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Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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June 12, 2014, 10:44:36 PM |
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I don't really see it increase again as long as these amounts of Bitcoins are for sale by the FBI.
What the hell are you talking about? It is only 30,000 coins. They are not for sale by the FBI. They are going to be auctioned off later this month. Nothing you said is true or makes any sense at all. By the time they are sold, more than twice that amount will have been produced by miners. It's a good thing they are not yet selling DPR's coins, though. I wasn't up to date about the real amounts at that time, excuse me. I thought they were offering way more coins than that. According to articles like for example http://www.coindesk.com/vc-firm-bid-fbi-silk-road-bitcoins/ people think the FBI owns about 5%-10% of all Bitcoins. If these went for sale, it will harm the bitcoin even more. It looks like they're indeed "just" selling (-> by an auction later on) the coins seized from SR. Looks like more people have noticed this, as the price increased again. |
{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <- |
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exocytosis
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June 12, 2014, 10:46:07 PM |
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The Winklevii might bid.
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frienemy
Full Member
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Activity: 235
Merit: 100
I was promised da moon
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June 12, 2014, 10:50:42 PM |
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We should gather up in bunches of 3,000, each member giving the money for one coin. There would only be the need for 30,000 of us buying those coins away and then just hodl them.
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MCTRL_751 > END OF LINE
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SebastianJu
Legendary
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Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
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June 12, 2014, 10:56:10 PM |
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They dont look really smart. The registration time is short, which limits the amount of bidders. And the blocks are huge which limits bidders even more.
I see a chance that persons with big pockets can make a good deal because of their stupidity.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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pinksheep
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June 12, 2014, 11:22:08 PM |
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Never noticed the price had gone down until now - got quite a shock, should be used to it with BTC by now I suppose  |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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Tzupy
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Activity: 2128
Merit: 1074
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June 12, 2014, 11:28:52 PM |
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They dont look really smart. The registration time is short, which limits the amount of bidders. And the blocks are huge which limits bidders even more.
I see a chance that persons with big pockets can make a good deal because of their stupidity.
Yes, there are only 3 days to send the 200k$ by bank transfer. Looks fishy, like the feds wanted to limit the bidders to those with already prepared $. My guess is those coins will be sold well below market price. |
Sometimes, if it looks too bullish, it's actually bearish
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bitcoinsrus
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June 12, 2014, 11:32:24 PM |
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Why dont they wanna keep it?
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beetcoin
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June 12, 2014, 11:33:38 PM |
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They dont look really smart. The registration time is short, which limits the amount of bidders. And the blocks are huge which limits bidders even more.
I see a chance that persons with big pockets can make a good deal because of their stupidity.
Yes, there are only 3 days to send the 200k$ by bank transfer. Looks fishy, like the feds wanted to limit the bidders to those with already prepared $. My guess is those coins will be sold well below market price. could be that they have certain friends who might want a nice "hookup" with some bitcoins.. all they'd have to do is work hard to limit access to people, and then once there are only a few bidders, you can have a field day. Why dont they wanna keep it?
woulda been cool if they decided to do their payroll with BTC.. instead of liquidating it. but i guess it's more lucrative to set up a small field for your friends to score some coins on the cheap. |
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knightcoin
Full Member
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Activity: 238
Merit: 100
Stand on the shoulders of giants
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June 12, 2014, 11:36:56 PM |
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is it dejavu ? I thought it was sold already ...
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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June 12, 2014, 11:38:36 PM |
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Great, hopefully they'll auction 170k coins soon. Time to get rid of that FUD dream argument once for all. Then there is just one direction to move  |
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BurtW
Legendary
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Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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June 12, 2014, 11:39:43 PM |
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is it dejavu ? I thought it was sold already ...
No, we have been waiting for them to sell off the first 30K coins and they announced the auction schedule so now we know. This is the first auction of coins. Great, hopefully they'll auction 170k coins soon. Time to get rid of that FUD dream argument once for all. Then there is just one direction to move The rest of the coins have to wait until a court issue is settled because DPR has claimed them as his personal property. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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RiverBoatBTC
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June 12, 2014, 11:42:08 PM |
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I do not think they need to wait to the end of the trial on this one, those crimes where held by a criminal organization no matter if it was DPR as the leader or not.
They usually contract someone out to do sales for them and give them a cut, which makes it in the interest of the contracted seller to get the highest price possible and advertise far and wide. I think we will see a bitcoin business pop up shortly and say they have been contacted by the GOV to dispose of coins.
Damn almost lol, figured they would hire a executor of some sort to dispose of the coins though. It is odd how fast this auction has cropped up though. Take real estate it is advertised for 3-6 months before they auction it. |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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June 12, 2014, 11:49:53 PM |
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Why dont they wanna keep it?
They're retarded. |
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BurtW
Legendary
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Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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June 12, 2014, 11:50:07 PM |
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I do not think they need to wait to the end of the trial on this one, those crimes where held by a criminal organization no matter if it was DPR as the leader or not.
They usually contract someone out to do sales for them and give them a cut, which makes it in the interest of the contracted seller to get the highest price possible and advertise far and wide. I think we will see a bitcoin business pop up shortly and say they have been contacted by the GOV to dispose of coins.
Damn almost lol, figured they would hire a executor of some sort to dispose of the coins though. It is odd how fast this auction has cropped up though. Take real estate it is advertised for 3-6 months before they auction it. The judge told them they could sell of this smaller 30K BTC portion (the portion not claimed by DPR) months ago. They are only now getting around to doing it. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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williamevanl
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June 12, 2014, 11:52:58 PM |
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This will bring Bitcoin down, I"m thinking 300 range.  |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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June 12, 2014, 11:56:05 PM |
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This will bring Bitcoin down, I"m thinking 300 range. No way. This is going to make it go upwards. |
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williamevanl
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June 12, 2014, 11:57:43 PM |
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This will bring Bitcoin down, I"m thinking 300 range. No way. This is going to make it go upwards. Seriously?! Not sure if you are being sarcastic or not. It's a giant dump of bitcoin at a cheaper amount. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 13, 2014, 12:01:22 AM |
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This will bring Bitcoin down, I"m thinking 300 range. No way. This is going to make it go upwards. Seriously?! Not sure if you are being sarcastic or not. It's a giant dump of bitcoin at a cheaper amount. it will make it go up |
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