Topic: FBI Auctioned/US Marshall coins moved. Price to go to the moon!!! (Read 2724 times)
December 17, 2014, 02:04:24 AM
There are other factors at play, apart from the Silk Road coins.
December 15, 2014, 10:07:08 PM
December 15, 2014, 08:28:39 PM
nothing changed.
December 15, 2014, 08:11:33 PM
If the court rules that the money belongs to Ross then it will go to the bank of his choosing. If the court rules that it is the government's money then I believe it will go to the US treasury.
Seems a bit weird how anxious they are to sell it when they haven't determined who gets it.
Both the government and Ross agree that it would be better for both parties to sell the bitcoin and whoever is determined to own them will get the proceeds, because of the volatile nature of the price of bitcoin and the possibility they could get stolen
December 15, 2014, 01:18:34 PM
If the court rules that the money belongs to Ross then it will go to the bank of his choosing. If the court rules that it is the government's money then I believe it will go to the US treasury.
Seems a bit weird how anxious they are to sell it when they haven't determined who gets it.
December 15, 2014, 01:00:53 PM
Im just Glad it is out of the hands of any kind of alphabet gang... crazy how they can make some much profit from wat is basically theft :-(
December 15, 2014, 12:57:47 PM
where they will put all the money when they sell those btc?
For this particular auction it will be held by the USMS until the issue of whose money this actually is can be resolved in court. If the court rules that the money belongs to Ross then it will go to the bank of his choosing. If the court rules that it is the government's money then I believe it will go to the US treasury.
Hasn't this been decided in favour of the government?
If the court rules that the bitcoins actually belong to Ross, then can't Ross ask for his bitcoins back (rather than the money realized through their sale). If the price of bitcoins goes up to $1000 and Ross asks the feds for bitcoins, it would be fun.
December 13, 2014, 08:54:54 PM
Whenever people talk about ANYTHING going to the moon, you can bet that the next leg down is upon us .
December 13, 2014, 08:34:09 PM
This will for sure send the price sideways.
Really don't see the auctions affecting BTC price in any direction, in the long run.
December 13, 2014, 02:42:22 PM
where they will put all the money when they sell those btc?
For this particular auction it will be held by the USMS until the issue of whose money this actually is can be resolved in court. If the court rules that the money belongs to Ross then it will go to the bank of his choosing. If the court rules that it is the government's money then I believe it will go to the US treasury.
December 10, 2014, 01:48:18 PM
where they will put all the money when they sell those btc?
December 10, 2014, 08:09:29 AM
The emission of BTC is 3600 per day. 100k is just 30 days of supply. So price will not go to the moon.
Woah and I bet it's 90% on the north side of the planet, if there's a net thrust from BTC emission we'll incline the plane of the earths orbit!!!
December 10, 2014, 07:42:16 AM
The emission of BTC is 3600 per day. 100k is just 30 days of supply. So price will not go to the moon.
December 09, 2014, 11:36:31 PM
100000 BTC and 44341 BTC moved out of the FBI address.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
Thanks for the info , but I think it will not be possible to know all the names of the auction winners. Or Am I wrong ?
December 09, 2014, 04:58:02 AM
100000 BTC and 44341 BTC moved out of the FBI address.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
Thanks for the info , but I think it will not be possible to know all the names of the auction winners. Or Am I wrong ?
December 09, 2014, 04:56:36 AM
Given the price drop as of late, I'm of the opinion that it will continue to drop, but only slightly, while the coins are reintroduced to the market, and then the price will start to go back up. Increased supply in relation to demand is my reasoning behind this.
December 09, 2014, 04:32:56 AM
The price won't be affected unless one of the winning bidders reveal his price, which likely won't happen since there's no major benefit to disclose that information to the public.
December 09, 2014, 03:58:18 AM
Why would this effect the price let alone make the price 'go to the moon'? What does the guy who bought them plan to do with them?
Yeah I'm not following the logic here either.
There are strong hints of satire within his post.
December 09, 2014, 03:46:07 AM
This will for sure send the price sideways.
December 09, 2014, 01:22:13 AM
100000 BTC and 44341 BTC moved out of the FBI address.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
One block is great news, it was not broken into small amounts.
They sold ~44k coins and transferred them to the respective buyers. I know that there were at least two winners as Tim Draper won exactly one block, and it is unknown who purchased the rest. I would say the 100k were moved to another address controlled by the
One thing I found interesting is that both transactions out of the address eventually split up the inputs to various addresses and sent amounts of .05 to several addresses.
Jump to: