Topic: FBI coins on the move! - page 4. (Read 6939 times)
It's going to be amusing, seeing these 3,000 BTC blocks sold for 1.8mil a piece, when they'll be worth 3mil + inside of 18 months.
Well I'm glad someone was keeping tabs on the FBI coins
If they sent them to an exchange that would explain why the price was dropping
The FBI coins are to blame lol.
And the beggar threads begin
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
If they sent them to an exchange that would explain why the price was dropping
The FBI coins are to blame lol.
And the beggar threads begin
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
why would they even dump cheap coins anyways? the higher they sell, the more money they get for their operations.
btw, they will be sold in 3,000 coin blocks.. 9ish total. who can really afford 3,000 coins? i'd guess wall street has that kind of capital. at $600/btc, that's 1.8 million per block.
I'm sure it's a healthy mix of people who are uneducated thinking this is a bad thing dropping the price and the baby whales using the FUD as an excuse to snap them up cheap now. But I promise once they hit the auction block, they will probably be sold for as much as 2x, maybe even 3x or more market price, auctions usually always involve people overpaying because bidders get into a frenzy and don't want to lose out, also it's not often someone gets an opportunity to buy thousands of coins at once so you will see some major venture capitalists or wallstreet types jumping in. This will also give Bitcoin legitimacy when you see some very important people bidding on these coins for the media to see. I think this will be the beginning of the 2nd great Bitcoin rally we've all been waiting for.
Stop freaking out and screaming like little girls.
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
BTC cant be damaged. Its not a physical coin
Come out of wonderland and look at reality.
BTC is already in the process of being completely centralized.
You just haven't realized that yet.
Stop freaking out and screaming like little girls.
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
BTC cant be damaged. Its not a physical coin
Stop freaking out and screaming like little girls.
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
The feds have no intention to crash BTC.
Satoshi did them a favor.
They now know how to track what they couldn't.
Anyone stupid enough not to recognize this is an idiot.
Moving coins around means jack shit.
If they wanted they could have damaged BTC by now.
But they didn't did they? .....
Before everyone freaks out (because we know whales will use any news as an excuse to dump and accumulate)
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/
It’s an E-bay style auction for digital coin, taking place over a 12-hour period in two weeks, on June 27 from 6 a.m. until 6 p.m. Eastern. “Bids will be accepted by email from registered bidders using a form available from the U.S. Marshals Web page,” says the release. “In order to make a bid in this auction, potential bidders must register between the period of June 16 at 9 a.m. through June 23 at noon EDT and make a refundable deposit of $200,000 via wire transfer from a bank account in the United States.”
The new addresses for the Bitcoin are here (29,658 Bitcoin from the Silk Road) and here (144,341 Bitcoin from Ross Ulbricht). Ulbricht, who has plead not guilty, claimed his Bitcoin aren’t subject to civil forfeiture rules.
First of all, just to bid you need to put down a $200k deposit. So for anyone worried the FBI is going to dump cheap Bitcoins on us peasant masses and crash the price, keep dreaming. Second this article confirms they are being moved for consolidation as they will be sold off in blocks of 3,000 BTC at a time.
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/
It’s an E-bay style auction for digital coin, taking place over a 12-hour period in two weeks, on June 27 from 6 a.m. until 6 p.m. Eastern. “Bids will be accepted by email from registered bidders using a form available from the U.S. Marshals Web page,” says the release. “In order to make a bid in this auction, potential bidders must register between the period of June 16 at 9 a.m. through June 23 at noon EDT and make a refundable deposit of $200,000 via wire transfer from a bank account in the United States.”
The new addresses for the Bitcoin are here (29,658 Bitcoin from the Silk Road) and here (144,341 Bitcoin from Ross Ulbricht). Ulbricht, who has plead not guilty, claimed his Bitcoin aren’t subject to civil forfeiture rules.
First of all, just to bid you need to put down a $200k deposit. So for anyone worried the FBI is going to dump cheap Bitcoins on us peasant masses and crash the price, keep dreaming. Second this article confirms they are being moved for consolidation as they will be sold off in blocks of 3,000 BTC at a time.
why would they even dump cheap coins anyways? the higher they sell, the more money they get for their operations.
btw, they will be sold in 3,000 coin blocks.. 9ish total. who can really afford 3,000 coins? i'd guess wall street has that kind of capital. at $600/btc, that's 1.8 million per block.
Before everyone freaks out (because we know whales will use any news as an excuse to dump and accumulate)
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/
It’s an E-bay style auction for digital coin, taking place over a 12-hour period in two weeks, on June 27 from 6 a.m. until 6 p.m. Eastern. “Bids will be accepted by email from registered bidders using a form available from the U.S. Marshals Web page,” says the release. “In order to make a bid in this auction, potential bidders must register between the period of June 16 at 9 a.m. through June 23 at noon EDT and make a refundable deposit of $200,000 via wire transfer from a bank account in the United States.”
The new addresses for the Bitcoin are here (29,658 Bitcoin from the Silk Road) and here (144,341 Bitcoin from Ross Ulbricht). Ulbricht, who has plead not guilty, claimed his Bitcoin aren’t subject to civil forfeiture rules.
First of all, just to bid you need to put down a $200k deposit. So for anyone worried the FBI is going to dump cheap Bitcoins on us peasant masses and crash the price, keep dreaming. Second this article confirms they are being moved for consolidation as they will be sold off in blocks of 3,000 BTC at a time.
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/
It’s an E-bay style auction for digital coin, taking place over a 12-hour period in two weeks, on June 27 from 6 a.m. until 6 p.m. Eastern. “Bids will be accepted by email from registered bidders using a form available from the U.S. Marshals Web page,” says the release. “In order to make a bid in this auction, potential bidders must register between the period of June 16 at 9 a.m. through June 23 at noon EDT and make a refundable deposit of $200,000 via wire transfer from a bank account in the United States.”
The new addresses for the Bitcoin are here (29,658 Bitcoin from the Silk Road) and here (144,341 Bitcoin from Ross Ulbricht). Ulbricht, who has plead not guilty, claimed his Bitcoin aren’t subject to civil forfeiture rules.
First of all, just to bid you need to put down a $200k deposit. So for anyone worried the FBI is going to dump cheap Bitcoins on us peasant masses and crash the price, keep dreaming. Second this article confirms they are being moved for consolidation as they will be sold off in blocks of 3,000 BTC at a time.
Why DPR has moved 144.000 BTC from an address to another address? No sense 
Is there the probability that DPR has sold his BTC to a private investor?
Is there the probability that DPR has sold his BTC to a private investor?
LOL! Yeah, I'll bet he did sell them to a private investor!
DPR has moved 144.000 to keeping high the security of their wallet, not sell to anybody
However, much donator is sending BTC on the new address of DPR.
It's a good practice to move the coins to a different adress once in a while to keep the security high
Some people lost there private key after their computer is compromised long ago, but it took hackers several months to break the encryption using a gpu farm, if they moved their coins during those months, they would have avoided the loss
Since the amount of those seized coins are so large, it is wise to split and move them around from time to time. For the first time in history, FBI got their own money: They don't need to rely on the government to borrow money from FED
Some people lost there private key after their computer is compromised long ago, but it took hackers several months to break the encryption using a gpu farm, if they moved their coins during those months, they would have avoided the loss
Since the amount of those seized coins are so large, it is wise to split and move them around from time to time. For the first time in history, FBI got their own money: They don't need to rely on the government to borrow money from FED
I hate to point out its really not "their own money"... it was money that belonged to people, even if there was a more darker side for it.
And no, they will still get more than their fair share of tax payer money.
Why DPR has moved 144.000 BTC from an address to another address? No sense
Is there the probability that DPR has sold his BTC to a private investor?
Is there the probability that DPR has sold his BTC to a private investor?
LOL! Yeah, I'll bet he did sell them to a private investor!
It's a good practice to move the coins to a different adress once in a while to keep the security high
Some people lost there private key after their computer is compromised long ago, but it took hackers several months to break the encryption using a gpu farm, if they moved their coins during those months, they would have avoided the loss
Since the amount of those seized coins are so large, it is wise to split and move them around from time to time. For the first time in history, FBI got their own money: They don't need to rely on the government to borrow money from FED
Some people lost there private key after their computer is compromised long ago, but it took hackers several months to break the encryption using a gpu farm, if they moved their coins during those months, they would have avoided the loss
Since the amount of those seized coins are so large, it is wise to split and move them around from time to time. For the first time in history, FBI got their own money: They don't need to rely on the government to borrow money from FED
Looks like the coins did a round trip and all ended up here:
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
That was a bit odd...
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
That was a bit odd...
Maybe they are just moving them to a mutlisig/split key wallet to increase security of the coins.
Here's the output script for the 100,000 BTC transfer:
OP_DUP OP_HASH160 07c69326e86c692486e43c95024d5f15b9c645b0 OP_EQUALVERIFY OP_CHECKSIG
which means it's spendable with an ECDSA keypair that corresponds to bitcoin address 1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw (in base58check encoding). In other words, it's a standard Pay2PubKeyHash output (as opposed to multisig).
Maybe they are just moving them to a mutlisig/split key wallet to increase security of the coins.
The power of bitcoin never ceases to amaze my. Somewhere someone just signed that 100,000 BTC transaction and broadcast it to the network. The nodes did their jobs and relayed it, and a miner (Polmine) included it in Block #305,458. It's now a permanent part of history. No one could have blocked it and now no one can reverse it.
$60 million moved just like that: https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
$60 million moved just like that: https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
Why DPR has moved 144.000 BTC from an address to another address? No sense
Is there the probability that DPR has sold his BTC to a private investor?
Is there the probability that DPR has sold his BTC to a private investor?
Would not surprise me if someone working for the FBI claims their silk road bitcoins got hacked, after sending it to themselves
Reminds me of this:
Or it could just be funds were moved to a different wallet...
Yeah, I think this is most likely all that happened. Some housekeeping to consolidate the coins. Here we go... Let the theories begin...
Oh man, great gif
Yeah, theory rampage ON!
Are they hacked? Are they Scammed? Are they buying stuff from Silkroad? Maybe Russians hacked em and sent BTC to themselves? Maybe Chinese? Probably Chinese, who are planning to crash BTC market with it by instaselling...
I've been waiting to use that GIF for so long
Anyone have any predictions they want to put coins on? This is exactly what we made BetMoose for!
Nice shameless plug w/o content.
Too many variables.
Or, that BTC was never in possesion of FBI...it's in hands of Fundation from start...maybe they were ones that stole it!
You're thinking that the Foundation somehow gained access to the Silk Road private keys?
No i'm thinking Fundation hacked Silkroad or even better, hacked FBI and took BTC. Or Silkroad is owned by Fundation....or even something more crazier (wait i need to drink little bit more...will continue)
Or it could just be funds were moved to a different wallet...
What if they sold it to someone and just sent it to the buyers wallet?
If so, someone must have a good amount of money. New multimillionaire backing Bitcoin by buying a huge amount?
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