Topic: Did you know that the US is the Second Largest Bitcoin Holder? (Read 3299 times)
Not the first time US Goverment is claiming one thing while doing another. Whatever. Used to it.
September 04, 2014, 01:30:34 AM
140,000 bitcoin. Hard to imagine the turbulence they will cause when they decided to sell.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
Its interesting they only decided to sell 30k, im guessing they just hedged their bet and are holding out for higher prices/long term holders on the rest.
Well with the price right now lower they would have likely sold it for much more. Was over $600 at time of sale ? Also they sold in lots im not sure the full 140k would have killed bitcoin if sold. I think its a decent hedge to sell 30k my guess is they wont sell anymore until we are in the thousands and by then maybe they wont sell?
I don't see how there could possibly be enough demand for that much bitcoin to be bought at one time in those large of blocks.
September 02, 2014, 10:02:28 AM
US might be planning something serious with the bitcoins...its almost in their hands.
September 02, 2014, 10:00:30 AM
Aren't they going to sell them, like the rest?
September 01, 2014, 02:22:25 PM
140,000 bitcoin. Hard to imagine the turbulence they will cause when they decided to sell.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
Its interesting they only decided to sell 30k, im guessing they just hedged their bet and are holding out for higher prices/long term holders on the rest.
Well with the price right now lower they would have likely sold it for much more. Was over $600 at time of sale ? Also they sold in lots im not sure the full 140k would have killed bitcoin if sold. I think its a decent hedge to sell 30k my guess is they wont sell anymore until we are in the thousands and by then maybe they wont sell?
I don't see how there could possibly be enough demand for that much bitcoin to be bought at one time in those large of blocks.
September 01, 2014, 01:06:18 PM
This shows US has powers to cause inflation in BTC.
What if US suddenly bans BTC?
What if US suddenly bans BTC?
September 01, 2014, 11:59:09 AM
I suspect US has some intentions behind bitcoin. Govt might also be stocking BTC.
Who knows..
Who knows..
September 01, 2014, 05:14:03 AM
140,000 bitcoin. Hard to imagine the turbulence they will cause when they decided to sell.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
Its interesting they only decided to sell 30k, im guessing they just hedged their bet and are holding out for higher prices/long term holders on the rest.
Well with the price right now lower they would have likely sold it for much more. Was over $600 at time of sale ? Also they sold in lots im not sure the full 140k would have killed bitcoin if sold. I think its a decent hedge to sell 30k my guess is they wont sell anymore until we are in the thousands and by then maybe they wont sell?
September 01, 2014, 02:52:54 AM
140,000 bitcoin. Hard to imagine the turbulence they will cause when they decided to sell.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
Its interesting they only decided to sell 30k, im guessing they just hedged their bet and are holding out for higher prices/long term holders on the rest.
September 01, 2014, 02:43:58 AM
140,000 bitcoin. Hard to imagine the turbulence they will cause when they decided to sell.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
The last time 30k bitcoin went to auction, coin price dropped more than 20% and then recover when someone paying above market rate the the coin.
Its interesting they only decided to sell 30k, im guessing they just hedged their bet and are holding out for higher prices/long term holders on the rest.
September 01, 2014, 02:19:55 AM
I thought those coins were auctioned off..
Some were, about 30 000 bitcoins that was confiscated from Silk Road, but they still got thousands more.
I thought those coins were auctioned off..
That gives a serious advantage to US in terms of currency again...it was USD not US-BTC??
The problem is our leaders are too lazy and corrupt to see a new potential currency and try to implement it into the current failing currency we have. Even though we are technologically equipped to make BTC work it isn't given a real chance to thrive. They would rather demonize it or try and control it then see people prosper for fear it may threaten their own pockets and the feeling of power they have. I think that is why we see companies starting to accept it more and more and then the politicians will be forced to show their hand.
This does not come as much of a surprise to be honest. I actually expected the US to be somewhere near the top as with the way things are now it may be that they are considering some kind of action with bitcoins. Time will tell I guess.
bitcoin is very popular in US
do you know that the third Largest Bitcoin Holder is Mr. Burns
do you know that the third Largest Bitcoin Holder is Mr. Burns
The US government can feel the doomed fate of dollar and is looking for ways of reserve currency. They acted they were against BTC. Actually they are piling up BTC when the price is down.
Source?
The US government can feel the doomed fate of dollar and is looking for ways of reserve currency. They acted they were against BTC. Actually they are piling up BTC when the price is down.
collapse of the US dollar? in foreseeable future very hard to imagine. in 20 years, might be, but it depends on so many factors
Though it always possible, nobody can really predict this and people have probably been saying the same thing since it was created.
Uncle Sam, or to be more precise, the US Federal Government, has been busy. Between bouts of criticizing cryptocurrencies, regulating cryptocurrencies and spending a bit of time warning against the use of cryptocurrencies; one would think that Uncle Sam is against us… on closer examination, that may well not turn out to be the case. It seems that Uncle Sam has been playing quite the little game as it is now one of the largest holders of Bitcoin… Ever!
http://www.cryptocoinsnews.com/news/uncle-sam-worlds-second-largest-bitcoin-holder/2014/08/30
What do you think of the implications?
Tips CCN at david.parker (at) cryptocoinsnews.com
Everything that is bigger happens only in the U.S either by adoption or by seizure.I guess the largest gold reserve also is located somewhere in UShttp://www.cryptocoinsnews.com/news/uncle-sam-worlds-second-largest-bitcoin-holder/2014/08/30
What do you think of the implications?
Tips CCN at david.parker (at) cryptocoinsnews.com
I'm not so sure anymore, China has been stacking up gold: http://www.cryptocoinsnews.com/news/pboc-banking-collapse-dollar-bitcoin/2014/07/26
Uncle Sam, or to be more precise, the US Federal Government, has been busy. Between bouts of criticizing cryptocurrencies, regulating cryptocurrencies and spending a bit of time warning against the use of cryptocurrencies; one would think that Uncle Sam is against us… on closer examination, that may well not turn out to be the case. It seems that Uncle Sam has been playing quite the little game as it is now one of the largest holders of Bitcoin… Ever!
http://www.cryptocoinsnews.com/news/uncle-sam-worlds-second-largest-bitcoin-holder/2014/08/30
What do you think of the implications?
Tips CCN at david.parker (at) cryptocoinsnews.com
Everything that is bigger happens only in the U.S either by adoption or by seizure.I guess the largest gold reserve also is located somewhere in US http://www.cryptocoinsnews.com/news/uncle-sam-worlds-second-largest-bitcoin-holder/2014/08/30
What do you think of the implications?
Tips CCN at david.parker (at) cryptocoinsnews.com
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