Can we all write to FBI asking not to sell bitcoins but hodl them?

[cuddaloreappu]

yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..

maybe buy some FBI gadgets using bitcoins.

[BayAreaCoins]

Make more money.

[jbrnt]

You can try. I do not believe FBI would listen to us emailing them about bitcoin being an investment tool. Those are evidence to a case, they are not likely to touch them yet. If they were considering selling them, they will auction them off exchange. So, the market price would not be hugely affected.

[TheMage]

I dont see too much of an issue with this. It's a private auction with the coins, not a exchange selling them off. If they went to an exchange to do this, I would be very concerned, but with a private auction it creates a sale outside of the BTC ecosystem and should have little effect on the price aside from speculator fears.

[beetcoin]

i actually prefer this be done with ASAP. i don't want it to linger around like the "will china ban bitcoin" circus. once it's done, it's done... no takesies backsies. no one will need to speculate whether it happens, and/or when it happens.

[freedombit]

yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..

maybe buy some FBI gadgets using bitcoins.

What is more important to you? Having a higher number or the ability to change the number you control?

[LostDutchman]

yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..

maybe buy some FBI gadgets using bitcoins.

You can write all you want but the law will prevail and the law kills your idea.

[_Miracle]

Let's get this done with already. It will be interesting to see how it all plays out, the effects will be temporary, then we can move on to the next thing {whatever that may be)

[acs267]

Why would someone E-Mail the FBI, anyway?

By the way, the FBI won't listen to us. They back the Gov, or only listen to the Gov. I doubt a petition would do much, but hey. We're Bitcoiners.

[btcbug]

yeah they too can hodl them and benefit if bitcoin goes to moon!..
no point in selling now...they too can add wealth to FBI..

maybe buy some FBI gadgets using bitcoins.

Yes they should hold them. 30,000 coins X 1,000,000 per coin in 2017 could pay down the debt by a few percent!

[BayAreaCoins]

People without $ always what to tell the ones who have it what to do. Stick your email up your ass n go about your day (respectfully)

I'll feel better when the FED's don't have these monster wallets that they could pwn a market such as BTC-E or Bitstamp with! Ty for the auctions. Let them do their thing and take their exit.

[TheMage]

People without $ always what to tell the ones who have it what to do. Stick your email up your ass n go about your day (respectfully)

I'll feel better when the FED's don't have these monster wallets that they could pwn a market such as BTC-E or Bitstamp with! Ty for the auctions. Let them do their thing and take their exit.

The sad thing is that they either dont know or dont care.

[Cryptogirl82]

how many BTC does the FBI actually hold? So much to being private.

[DeathAndTaxes]

1) It is the DOJ not the FBI who temporary holds seized property
2) They sell all of it as quickly as is manageable.  Million dollar mansions, metric tons of gold, priceless works of art, yachts, speedboats, vehicles, stocks, and yes now bitcoins.
3) They are obligated by law to dispose of seized property.  They aren't speculators, they sell it off and add the proceeds to the US treasury.

[Bit_Happy]

1) It is the DOJ not the FBI who temporary holds seized property
2) They sell all of it as quickly as is manageable.  Million dollar mansions, metric tons of gold, priceless works of art, yachts, speedboats, vehicles, stocks, and yes now bitcoins.
3) They are obligated by law to dispose of seized property.  They aren't speculators, they sell it off and add the proceeds to the US treasury.

While the Gov't needs a viable source of real income, the points above are correct and writing the Feds about holding will not do any good.
They are not selling near the top, but already made a big profit compared to the day of the SR bust.

how many BTC does the FBI actually hold? So much to being private.

You just reminded me, they are only selling far less than half of what they hold. The DPR stash is not being sold now, possibly related to the on-going trial.

[TheButterZone]

Govt should put bitcoin bounties on the heads of heinous violent criminals with no other color (victimless crimes).

[Cicero2.0]

I would rather the feds not hold any coins. They could be used for market manipulation and the current way they do things with regular money doesn't exactly give you confidence that they wouldn't exercise that power.  

[validium]

1) It is the DOJ not the FBI who temporary holds seized property
2) They sell all of it as quickly as is manageable.  Million dollar mansions, metric tons of gold, priceless works of art, yachts, speedboats, vehicles, stocks, and yes now bitcoins.
3) They are obligated by law to dispose of seized property.  They aren't speculators, they sell it off and add the proceeds to the US treasury.

This happens in most of the countries like where i live the money will be used to pay national debts or fund government projects

[nwfella]

i actually prefer this be done with ASAP. i don't want it to linger around like the "will china ban bitcoin" circus. once it's done, it's done... no takesies backsies. no one will need to speculate whether it happens, and/or when it happens.

There may indeed be a sinister motive behind their pre-announcing the sale of these coins.  I'm almost inclined to believe it was for exactly this reason.

Should be interesting to see what happens to the price of bitcoin between now and the 27th that's for sure.  Already dumping 30% of what I have JIC it ends up taking a couple more serious dips.

[CaptainBeck]

http://online.wsj.com/articles/fbi-readies-144-341-bitcoins-for-sale-1402606244

Got a feeling the price may be push abit lower before the 27th. Its going to be off exchange so shouldnt massively effect at the time. Hopefully the person buying them wont flood the market but who knows who will buy from the FBI likely some high up company who wants in on a quick buck.