Is this a big deal or a big bust. Should I have this on my mind or should I just expect to get ripped-off really hard. I would like peoples Opinion on this. The thing is that bitcoin is still moving along way too fast. Even though its expected to last about 100 years the difficulty keeps rising too quickly to justify purchasing any miners weather virtual or physical. The coins value will just keep dropping because the feds continuing hunt for "silk road" type sites in effort to seize coins and auction them out. There is an auction coming up next month. So tell me why I shouldn't consider GAWminers new coin.
I am looking out for these auctions. There was Silkroad 1 and later Silkroad 2, and some assets seized from Pirateat40. Other minor incidents like seized darknet sites for hosting whatever stuff was low volume, doesnt matter much.
Then there was the MtGox desaster which will likely result in some governmental coin sales? Or is MK dumping our coins in private?
Far to many coins are inside hands where not belonging.
Do you know what happend with the lost BTC's from the MT.GOX fiasco ? Karples was caught using Blockchain.com to send them into smaller address almost down to 10btc.
Don't believe me ? Google it.
