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Bitcoin Forum > Economy > Economics > Speculation > The Australian government might soon auction 24,500 Silk Road bitcoins
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biggus dickus (OP)
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November 03, 2014, 12:09:18 AM
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The Australian government might soon auction 24,500 bitcoins confiscated from a Silk Road user. Could this pump the price up like the US government auction of 30,000 Silk Road bitcoins?

http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/
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biggus dickus (OP)
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November 03, 2014, 12:14:10 AM
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Quote from: ParabellumLite on November 03, 2014, 12:10:48 AM
Quote from: biggus dickus on November 03, 2014, 12:09:18 AM
The Australian government might soon auction 24,500 bitcoins confiscated from a Silk Road user. Could this pump the price up like the US government auction of 30,000 Silk Road bitcoins?

http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/


Imagine those coins showing up on Stamp for 220 lol. The panic that would strike everyone here.

It's less than the bear whale dumped. At 220 they would probably be sold in a few hours. Everyone would probably start panic buying them.
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November 03, 2014, 12:14:34 AM
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I wonder if Tim Draper will "double down"

He must be pissed at his son for such stupid investment advice
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