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Author Topic: Silkroad seized bitcoins to impact price?  (Read 4119 times)
ZiG
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July 02, 2014, 03:37:47 PM
 #61

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.


Long term investor...BUY & HOLD... Wink
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July 02, 2014, 03:43:36 PM
 #62

Looks like all of the 30k BTC was scooped up by one buyer.   They did not disclose the buyer.   I think there is a good chance that it was the US gov't itself that purchased the coins.   There is literally no accountability at the highest level, so it is very feasible that if in fact it was the US gov't that bought the coins, that they did not even have the highest bid...  I find it hard to believe that Second Market was outbid on every block
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July 02, 2014, 03:45:53 PM
 #63

We know who bought the coins check the press section lol

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July 02, 2014, 04:07:01 PM
 #64

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.

How do you know he paid over 700?  I haven't been able to find that info.
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July 04, 2014, 01:31:51 AM
 #65

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.
Do you have a source on the price? The media reports that I have read have said that he declined to comment on the price.
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July 04, 2014, 02:32:38 PM
 #66

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.
Do you have a source on the price? The media reports that I have read have said that he declined to comment on the price.

Who are we talking about anyway? Or is the identity kept secret?
SelbyTsang
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July 04, 2014, 05:25:50 PM
 #67

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.
Do you have a source on the price? The media reports that I have read have said that he declined to comment on the price.

Who are we talking about anyway? Or is the identity kept secret?

You may want to read the following 2 coindesk articless.
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/silk-road-auction-winner-tim-draper-world-embrace-bitcoin/

The winner is Tim Draper, but I don't see him talking about the price. Smiley

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July 04, 2014, 11:18:36 PM
 #68

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.
Do you have a source on the price? The media reports that I have read have said that he declined to comment on the price.

Who are we talking about anyway? Or is the identity kept secret?

You may want to read the following 2 coindesk articless.
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/silk-road-auction-winner-tim-draper-world-embrace-bitcoin/

The winner is Tim Draper, but I don't see him talking about the price. Smiley
He is not going to release the price. He is also going to do very good things with the bitcoin he purchased.
InwardContour
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July 05, 2014, 02:50:55 AM
 #69

I'm enough worried about price of Bitcoin because the news that U.S. Government  wants to sell 30.000 BTC yesterday evening had drop the price of 60$ !

So, only time will give us the answer !

There is only 1 winner on the auction. He paid over 700 usd per coin, well above market rate.
Do you have a source on the price? The media reports that I have read have said that he declined to comment on the price.

Who are we talking about anyway? Or is the identity kept secret?

You may want to read the following 2 coindesk articless.
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/silk-road-auction-winner-tim-draper-world-embrace-bitcoin/

The winner is Tim Draper, but I don't see him talking about the price. Smiley
I am very excited about this! Tim is going to try to expand the acceptance of bitcoin to places where it is not widely used today (even less widely used then the much of the world)
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July 05, 2014, 07:36:10 AM
 #70

He is not going to release the price. He is also going to do very good things with the bitcoin he purchased.

I don't see the reason behind all this secrecy.
InwardContour
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July 05, 2014, 08:04:44 PM
 #71

He is not going to release the price. He is also going to do very good things with the bitcoin he purchased.

I don't see the reason behind all this secrecy.
He likely wants to release as little information about his finances as he can. If people know that he has a certain level of assets then he will be open to more attacks.
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