Marshall's auction.... It's a trap !!!

[JohnFromWIT]

Out of interest, do all coins need to be purchased by one buyer?  Or can they be split?

They're being sold in portions of BTC3,000.

[Beliathon]

big name players will enter only.. they don't have to worry too much. access to who they are and where they're from is already practically public. i doubt they're trying to get info on us regular folk.

Doh, now if you were a DEA agent would you be going after glue sniffing kids?

I would if I was a careerist asshole with no empathy who was also stupid enough to think the glue sniffing kids could lead to crack sniffing kids, and then crack-selling adults. Wait, glue is code for marijuana, right?

[runam0k]

Great opportunity for funds, etc to pick up totally clean bitcoins. No AML or KYC issues here, in terms of how they came about the coins.

[ljudotina]

Great opportunity for funds, etc to pick up totally clean bitcoins. No AML or KYC issues here, in terms of how they came about the coins.

Yeah....buying this much BTC is giving buyer not only chance to buy large amount (if they planned to buy anyway) without spiking price on exchanges, but they have 100% clean coins. If anyone ever asks where did they get it, they just say Feds and that's where questions stop.

[Beliathon]

Great opportunity for funds, etc to pick up totally clean bitcoins.

All Bitcoins are clean bitcoins. If you're worried about "dirty" coins, it's extremely simple and easy to tumble them clean.

More importantly, a people should not fear their government. A government should fear their people. Way too much slavethought in this forum, but I guess that's what happens when a government asserts a monopoly on violence for a long enough period of time.

[bg002h]

I'm not convinced that the coins will be unarguably the property of the buyer. Has the US Marshall Service really never sold property that wasn't theirs to rightfully sell? Not even once? I doubt it. I'm sure there have been mistakes in the past. The question is what can be done about improperly sold property?

[Musent]

I honestly hope no one buys any of these. Government doesn't recognize bitcoin but now wants to sell them? oh, the irony.

Posted From bitcointalk.org Android App

[franky1]

I suspect they really haven't given a whole lot of thought as to what they have and what they can do with them.  Undoubtedly, some other agencies who do know have stepped in to claim a small block for investigation purposes, research, and training (blanket excuse to alleviate accountability).  Those coins will probably be sold for 75-80% of their true value in that quantity.  We'll see when the awards come out.

yep i see their true benefit that could be used, their international undercover operations can anonymously receive funds, so that there is no traceability that undercovers are really agents. after all when being undercover they dont really want to be holding a CIA/MI5 company credit card to cover their undercover expenses, being followed to CIA drop sites or having to keep receipts to get reimbursed later. bitcoin solves this

I'm not convinced that the coins will be unarguably the property of the buyer. Has the US Marshall Service really never sold property that wasn't theirs to rightfully sell? Not even once? I doubt it. I'm sure there have been mistakes in the past. The question is what can be done about improperly sold property?

bring back the days when governments use to burn money, melt down weapons and destroy drugs... oh have things changed over the last couple decades

[BTCisthefuture]

I'd rather they auction them off to wealthy investors/financial institutions/tech companies  than hold onto themselves and do lord knows what with them.

As far as needing to provide information such as ID, this is true for most auctions especially for expensive items. Same goes for escrow.  We in the community use escrow for transactions that are both small and large, why would the government not want to use escrow for the same exact reasons.

[Este Nuno]

Glad to see I'm not the only one who thinks this whole auction thing is way out of line... I can't believe I that people are lining up to pay the feds a shit ton of money for bitcoins that they stole. It seems to me that it contradicts the whole purpose of bitcoin.

By that logic we should blacklist all coins that have been involved in some kind of theft or crime.

But no one wants to do that expect Mike Hearn.

[C64_4EVA]

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _________
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ./ It’s a trap! \
. . . . . . . . . . . . . . . . _,,,--~~~~~~~~--,_ . . . .\ ._________/
. . . . . . . . . . . . . . ,-‘ : : : :::: :::: :: : : : : :º ‘-, . . \/. . . . . . . . . .
. . . . . . . . . . . . .,-‘ :: : : :::: :::: :::: :::: : : : ‘-, . . . . . . . . . .
. . . . . . . . . . . ,-‘ :: ::: :: : : :: :::: :::: :: : : : : :O ‘-, . . . . . . . . .
. . . . . . . . . .,-‘ : :: :: :: :: :: : : : : : , : : :º :::: :::: ::’; . . . . . . . .
. . . . . . . . .,-‘ / / : :: :: :: :: : : :::: :::-, ;; ;; ;; ;; ;; ;; ;\ . . . . . . . .
. . . . . . . . /,-‘,’ :: : : : : : : : : :: :: :: : ‘-, ;; ;; ;; ;; ;; ;;| . . . . . . .
. . . . . . . /,’,-‘ :: :: :: :: :: :: :: : ::_,-~~,_’-, ;; ;; ;; ;; | . . . . . . .
. . . . . _/ :,’ :/ :: :: :: : : :: :: _,-‘/ : ,-‘;’-‘’’’’~-, ;; ;; ;;,’ . . . . . . . .
. . . ,-‘ / : : : : : : ,-‘’’ : : :,--‘’ :|| /,-‘-‘--‘’’__,’’’ \ ;; ;,-‘ . . . . . . . .
. . . \ :/,, : : : _,-‘ --,,_ : : \ :\ ||/ /,-‘-‘x### ::\ \ ;;/ . . . . . . . . . .
. . . . \/ /---‘’’’ : \ #\ : :\ : : \ :\ \| | : (O##º : :/ /-‘’ . . . . . . . . . . .
. . . . /,’____ : :\ ‘-#\ : \, : :\ :\ \ \ : ‘-,___,-‘,-`-,, . . . . . . . . . . .
. . . . ‘ ) : : : :’’’’--,,--,,,,,,¯ \ \ :: ::--,,_’’-,,’’’¯ :’- :’-, . . . . . . . . .
. . . . .) : : : : : : ,, : ‘’’’~~~~’ \ :: :: :: :’’’’’¯ :: ,-‘ :,/\ . . . . . . . . .
. . . . .\,/ /|\\| | :/ / : : : : : : : ,’-, :: :: :: :: ::,--‘’ :,-‘ \ \ . . . . . . . .
. . . . .\\’|\\ \|/ ‘/ / :: :_--,, : , | )’; :: :: :: :,-‘’ : ,-‘ : : :\ \, . . . . . . .
. . . ./¯ :| \ |\ : |/\ :: ::----, :\/ :|/ :: :: ,-‘’ : :,-‘ : : : : : : ‘’-,,_ . . . .
. . ..| : : :/ ‘’-(, :: :: :: ‘’’’’~,,,,,’’ :: ,-‘’ : :,-‘ : : : : : : : : :,-‘’’\\ . . . .
. ,-‘ : : : | : : ‘’) : : :¯’’’’~-,: : ,--‘’’ : :,-‘’ : : : : : : : : : ,-‘ :¯’’’’’-,_ .
./ : : : : :’-, :: | :: :: :: _,,-‘’’’¯ : ,--‘’ : : : : : : : : : : : / : : : : : : :’’-,
/ : : : : : -, :¯’’’’’’’’’’’¯ : : _,,-~’’ : : : : : : : : : : : : : :| : : : : : : : : :
 : : : : : : :¯’’~~~~~~’’’ : : : : : : : : : : : : : : : : : : | : : : : : : : : :

[BurtW]

I honestly hope no one buys any of these. Government doesn't recognize bitcoin but now wants to sell them? oh, the irony.

Hope all you want.  I would buy them all if all 30,000 were priced at $1 each.  Someone else would buy them for $2 each, and so it goes.  Somone will buy them.

Government doesn't recognize bitcoin but now wants to sell them? oh, the irony.

What the hell?  The IRS recognizes them, FINCEN recognizes them, the court system recognizes them (see the Trendon fucking bastard Shavers case and the DPR/SR case).  The FBI and the marshals service recognize them and have a lot of them.  What more do you want?  A personal memo from the President himself?

What is ironic about the FBI selling property seized from a drug dealer?  They do this all the time:  boats, cars, helicopters, artwork, etc. etc.  

This is just another asset of a drug dealer they have been told by the court system they need to liquidate.  To them it is nothing more or nothing less.

[OgNasty]

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _________
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ./ It’s a trap! \
. . . . . . . . . . . . . . . . _,,,--~~~~~~~~--,_ . . . .\ ._________/
. . . . . . . . . . . . . . ,-‘ : : : :::: :::: :: : : : : :º ‘-, . . \/. . . . . . . . . .
. . . . . . . . . . . . .,-‘ :: : : :::: :::: :::: :::: : : : ‘-, . . . . . . . . . .
. . . . . . . . . . . ,-‘ :: ::: :: : : :: :::: :::: :: : : : : :O ‘-, . . . . . . . . .
. . . . . . . . . .,-‘ : :: :: :: :: :: : : : : : , : : :º :::: :::: ::’; . . . . . . . .
. . . . . . . . .,-‘ / / : :: :: :: :: : : :::: :::-, ;; ;; ;; ;; ;; ;; ;\ . . . . . . . .
. . . . . . . . /,-‘,’ :: : : : : : : : : :: :: :: : ‘-, ;; ;; ;; ;; ;; ;;| . . . . . . .
. . . . . . . /,’,-‘ :: :: :: :: :: :: :: : ::_,-~~,_’-, ;; ;; ;; ;; | . . . . . . .
. . . . . _/ :,’ :/ :: :: :: : : :: :: _,-‘/ : ,-‘;’-‘’’’’~-, ;; ;; ;;,’ . . . . . . . .
. . . ,-‘ / : : : : : : ,-‘’’ : : :,--‘’ :|| /,-‘-‘--‘’’__,’’’ \ ;; ;,-‘ . . . . . . . .
. . . \ :/,, : : : _,-‘ --,,_ : : \ :\ ||/ /,-‘-‘x### ::\ \ ;;/ . . . . . . . . . .
. . . . \/ /---‘’’’ : \ #\ : :\ : : \ :\ \| | : (O##º : :/ /-‘’ . . . . . . . . . . .
. . . . /,’____ : :\ ‘-#\ : \, : :\ :\ \ \ : ‘-,___,-‘,-`-,, . . . . . . . . . . .
. . . . ‘ ) : : : :’’’’--,,--,,,,,,¯ \ \ :: ::--,,_’’-,,’’’¯ :’- :’-, . . . . . . . . .
. . . . .) : : : : : : ,, : ‘’’’~~~~’ \ :: :: :: :’’’’’¯ :: ,-‘ :,/\ . . . . . . . . .
. . . . .\,/ /|\\| | :/ / : : : : : : : ,’-, :: :: :: :: ::,--‘’ :,-‘ \ \ . . . . . . . .
. . . . .\\’|\\ \|/ ‘/ / :: :_--,, : , | )’; :: :: :: :,-‘’ : ,-‘ : : :\ \, . . . . . . .
. . . ./¯ :| \ |\ : |/\ :: ::----, :\/ :|/ :: :: ,-‘’ : :,-‘ : : : : : : ‘’-,,_ . . . .
. . ..| : : :/ ‘’-(, :: :: :: ‘’’’’~,,,,,’’ :: ,-‘’ : :,-‘ : : : : : : : : :,-‘’’\\ . . . .
. ,-‘ : : : | : : ‘’) : : :¯’’’’~-,: : ,--‘’’ : :,-‘’ : : : : : : : : : ,-‘ :¯’’’’’-,_ .
./ : : : : :’-, :: | :: :: :: _,,-‘’’’¯ : ,--‘’ : : : : : : : : : : : / : : : : : : :’’-,
/ : : : : : -, :¯’’’’’’’’’’’¯ : : _,,-~’’ : : : : : : : : : : : : : :| : : : : : : : : :
 : : : : : : :¯’’~~~~~~’’’ : : : : : : : : : : : : : : : : : : | : : : : : : : : :

I specifically clicked this thread to see Admiral Ackbar.  Thank you for not letting me down.

[Velkro]

this is no trap and will not affect price, its off market trade

[BetMoose]

If you think it's a trap, you're welcome to join the 'No' side here:

https://www.betmoose.com/bet/silkroad-coins-will-be-sold-above-market-value

Seems pretty close as of now.

[p2pbucks]

Bitcoin is a currency & it's legal !
So not fking trap here 
btw: US gov hates Bitcoin and wanna use their laws (eg, anti-laudering ) to make bitcoin sounds like illegal 

[jonald_fyookball]

OP...uh..no.

[jonald_fyookball]

btw: US gov hates Bitcoin 

not really.  if they hated it, they would make it illegal.

they want to figure out how they can tax and profit from it.

[ShakyhandsBTCer]

I'm not convinced that the coins will be unarguably the property of the buyer. Has the US Marshall Service really never sold property that wasn't theirs to rightfully sell? Not even once? I doubt it. I'm sure there have been mistakes in the past. The question is what can be done about improperly sold property?

If property is sold when it shouldn't have been then the proceeds would be given to the "proper" owner.

It should be noted that bitcoin "ownership" is determined by possession (of private keys)

[jonald_fyookball]

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _________
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ./ It’s a trap! \
. . . . . . . . . . . . . . . . _,,,--~~~~~~~~--,_ . . . .\ ._________/
. . . . . . . . . . . . . . ,-‘ : : : :::: :::: :: : : : : :º ‘-, . . \/. . . . . . . . . .
. . . . . . . . . . . . .,-‘ :: : : :::: :::: :::: :::: : : : ‘-, . . . . . . . . . .
. . . . . . . . . . . ,-‘ :: ::: :: : : :: :::: :::: :: : : : : :O ‘-, . . . . . . . . .
. . . . . . . . . .,-‘ : :: :: :: :: :: : : : : : , : : :º :::: :::: ::’; . . . . . . . .
. . . . . . . . .,-‘ / / : :: :: :: :: : : :::: :::-, ;; ;; ;; ;; ;; ;; ;\ . . . . . . . .
. . . . . . . . /,-‘,’ :: : : : : : : : : :: :: :: : ‘-, ;; ;; ;; ;; ;; ;;| . . . . . . .
. . . . . . . /,’,-‘ :: :: :: :: :: :: :: : ::_,-~~,_’-, ;; ;; ;; ;; | . . . . . . .
. . . . . _/ :,’ :/ :: :: :: : : :: :: _,-‘/ : ,-‘;’-‘’’’’~-, ;; ;; ;;,’ . . . . . . . .
. . . ,-‘ / : : : : : : ,-‘’’ : : :,--‘’ :|| /,-‘-‘--‘’’__,’’’ \ ;; ;,-‘ . . . . . . . .
. . . \ :/,, : : : _,-‘ --,,_ : : \ :\ ||/ /,-‘-‘x### ::\ \ ;;/ . . . . . . . . . .
. . . . \/ /---‘’’’ : \ #\ : :\ : : \ :\ \| | : (O##º : :/ /-‘’ . . . . . . . . . . .
. . . . /,’____ : :\ ‘-#\ : \, : :\ :\ \ \ : ‘-,___,-‘,-`-,, . . . . . . . . . . .
. . . . ‘ ) : : : :’’’’--,,--,,,,,,¯ \ \ :: ::--,,_’’-,,’’’¯ :’- :’-, . . . . . . . . .
. . . . .) : : : : : : ,, : ‘’’’~~~~’ \ :: :: :: :’’’’’¯ :: ,-‘ :,/\ . . . . . . . . .
. . . . .\,/ /|\\| | :/ / : : : : : : : ,’-, :: :: :: :: ::,--‘’ :,-‘ \ \ . . . . . . . .
. . . . .\\’|\\ \|/ ‘/ / :: :_--,, : , | )’; :: :: :: :,-‘’ : ,-‘ : : :\ \, . . . . . . .
. . . ./¯ :| \ |\ : |/\ :: ::----, :\/ :|/ :: :: ,-‘’ : :,-‘ : : : : : : ‘’-,,_ . . . .
. . ..| : : :/ ‘’-(, :: :: :: ‘’’’’~,,,,,’’ :: ,-‘’ : :,-‘ : : : : : : : : :,-‘’’\\ . . . .
. ,-‘ : : : | : : ‘’) : : :¯’’’’~-,: : ,--‘’’ : :,-‘’ : : : : : : : : : ,-‘ :¯’’’’’-,_ .
./ : : : : :’-, :: | :: :: :: _,,-‘’’’¯ : ,--‘’ : : : : : : : : : : : / : : : : : : :’’-,
/ : : : : : -, :¯’’’’’’’’’’’¯ : : _,,-~’’ : : : : : : : : : : : : : :| : : : : : : : : :
 : : : : : : :¯’’~~~~~~’’’ : : : : : : : : : : : : : : : : : : | : : : : : : : : :

I specifically clicked this thread to see Admiral Ackbar.  Thank you for not letting me down.

Legend! Lol