The fourth and final US Marshals (USMS) auction of bitcoins confiscated during the investigation into online black market Silk Road drew only 11 bidders today, the lowest total since the second auction held in December 2014.
The government agency indicated that 11 registered bidders submitted a total of 30 bids on 22 blocks of bitcoins during today's auction. Twenty-one of the blocks were for 2,000 BTC (valued at $790,000 at press time), while the final block included 2,341 BTC (roughly $926,200).
See the full thing here : http://www.coindesk.com/bidder-turnout-low-silk-road-bitcoin-auction/
The government agency indicated that 11 registered bidders submitted a total of 30 bids on 22 blocks of bitcoins during today's auction. Twenty-one of the blocks were for 2,000 BTC (valued at $790,000 at press time), while the final block included 2,341 BTC (roughly $926,200).
See the full thing here : http://www.coindesk.com/bidder-turnout-low-silk-road-bitcoin-auction/
I'm a bit confused. So, did they sell it or what?
"The earliest a bidder could announce that they successfully purchased bitcoins at the auction, according to the USMS, would be Monday, once such transfers are finalized."
Since it's a pretty large amount, the selling should affect the price of Bitcoin, right? So when exactly will it happen?
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