Govt Auction... Round 3 | Bitcointalksearch.org

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: bryant.coleman on February 19, 2015, 05:39:41 AM

Quote from: koelen3 on February 19, 2015, 05:04:20 AM

I heard they have another 44k after this 50k auction

A total of BTC144,000 was seized from Ross Ulbricht by the FBI.

In the first auction, some 30,000 coins were sold. 50,000 more were sold during the second auction. After the third auction, some 14,000 coins will remain with the FBI.

Just found that , the first 30,000 coins auctioned belonged to the silk road server (the escrow hot wallet). They also seized 144,000 that belonged to Ross, so after the next auction of 50,000 there will indeed still be 44,000 to be auctioned off.
14,000 + 30,000 + 44,000 BTC

AgentofCoin

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Activity: 1092

Merit: 1001

Quote from: Bralex on February 19, 2015, 11:06:29 AM

Quote from: angeloanggam on February 19, 2015, 10:37:04 AM

Quote from: bryant.coleman on February 19, 2015, 05:48:20 AM

Quote from: Bralex on February 19, 2015, 05:43:17 AM

The thiefs are cashing in from there robbery i see Roll Eyes

Mark Karpeles stole BTC850,000 and he is still living freely and happily. Grin

The Sheep Marketplace thief is nowhere to be found after stealing some BTC200,000 coins. And now FBI stealing another BTC180,000. Bitcoin is the favorite currency for thieves.

If I were him, I should be looking for a good lawyer now that Ulbricht's case is done.

Todays price roughly $200 million i am sure he has a fairly good lawyer,

Plus nothing will happen to him imo it would have already he was probably part of some government btc robbery team like the FBI Grin

Well that is just a theory and i have no proof of course.

The US GOV btc robbery team is CIA & NSA.

Bralex

sr. member

Activity: 308

Merit: 250

Quote from: angeloanggam on February 19, 2015, 10:37:04 AM

Quote from: bryant.coleman on February 19, 2015, 05:48:20 AM

Quote from: Bralex on February 19, 2015, 05:43:17 AM

The thiefs are cashing in from there robbery i see Roll Eyes

Mark Karpeles stole BTC850,000 and he is still living freely and happily. Grin

The Sheep Marketplace thief is nowhere to be found after stealing some BTC200,000 coins. And now FBI stealing another BTC180,000. Bitcoin is the favorite currency for thieves.

If I were him, I should be looking for a good lawyer now that Ulbricht's case is done.

Todays price roughly $200 million i am sure he has a fairly good lawyer,

Plus nothing will happen to him imo it would have already he was probably part of some government btc robbery team like the FBI Grin

Well that is just a theory and i have no proof of course.

angeloanggam

sr. member

Activity: 252

Merit: 250

Ace of ♠♠♠♠

Quote from: bryant.coleman on February 19, 2015, 05:48:20 AM

Quote from: Bralex on February 19, 2015, 05:43:17 AM

The thiefs are cashing in from there robbery i see Roll Eyes

Mark Karpeles stole BTC850,000 and he is still living freely and happily. Grin

The Sheep Marketplace thief is nowhere to be found after stealing some BTC200,000 coins. And now FBI stealing another BTC180,000. Bitcoin is the favorite currency for thieves.

If I were him, I should be looking for a good lawyer now that Ulbricht's case is done.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: Q7 on February 19, 2015, 07:51:47 AM

Quote from: jt byte on February 18, 2015, 06:20:16 PM

wow, Whales need to buy the 50K as low as possible and then they will let it rise

If the bitcoin ended up in the open market, it will cause the price to go down. The whales will need to buy a lot of the coins in order to manipulate that. But most likely if it is bought by btc holders who will continue to hoard, that would be the best.

Sometimes this external auction "drives up" the bitcoin price in the various exchange a little bit (it is strange, but it is so), but we don't know who will win them (maybe the winner will not dump 50k bitcoins in one day).

Q7

sr. member

Activity: 448

Merit: 250

Quote from: jt byte on February 18, 2015, 06:20:16 PM

wow, Whales need to buy the 50K as low as possible and then they will let it rise

If the bitcoin ended up in the open market, it will cause the price to go down. The whales will need to buy a lot of the coins in order to manipulate that. But most likely if it is bought by btc holders who will continue to hoard, that would be the best.

SirChiko

legendary

Activity: 966

Merit: 1000

Quote from: tadakaluri on February 19, 2015, 01:05:16 AM

Every time when US Marshals Dump Bitcoins in Auction, the price is going down. This time also it may happen.

It doesn't have to. If someone known will buy them that may encourage traders to get stocked as they see publicity is interested into investing to BTC.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Yeah that was awesome, the price was just about to go up slowly, in a sustainable manner, and then they announced the auction... On the positive side: The price didn't budge too much and one more auction to come and we're done with this circus - unless they choose to split the remaining 43k into smaller batches -.-

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

I bet they must be regret they have not sell all their bitcoins in one time

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Hypocrites. Just remember the times, when they were against Bitcoin; now they are trying to sell it (again).

Bralex

sr. member

Activity: 308

Merit: 250

Quote from: bryant.coleman on February 19, 2015, 05:48:20 AM

Quote from: Bralex on February 19, 2015, 05:43:17 AM

The thiefs are cashing in from there robbery i see Roll Eyes

Mark Karpeles stole BTC850,000 and he is still living freely and happily. Grin

The Sheep Marketplace thief is nowhere to be found after stealing some BTC200,000 coins. And now FBI stealing another BTC180,000. Bitcoin is the favorite currency for thieves.

Wow thanks for that info dude i really did not know that Mark Karpeles got that much Shocked

!! I am sure he is living happily but freely that is insane amount of BTC to get away with stealing lol

Yes it is their favorite currency at the minute as there is no regulation and like you have shown they can do what they want without any kind of punishment.

850,000 btc! Unbelievable Grin

I am now going to look into that further.

reRaise

hero member

Activity: 868

Merit: 1000

Well fck it i sold, this seems to be more negative than positive, for sure i think the price won't rally up for now.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: bryant.coleman on February 19, 2015, 05:39:41 AM

Quote from: koelen3 on February 19, 2015, 05:04:20 AM

I heard they have another 44k after this 50k auction

A total of BTC144,000 was seized from Ross Ulbricht by the FBI.

In the first auction, some 30,000 coins were sold. 50,000 more were sold during the second auction. After the third auction, some 14,000 coins will remain with the FBI.

Ok i got a lil wrong on that
Thanks for clarifying

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Bralex on February 19, 2015, 05:43:17 AM

The thiefs are cashing in from there robbery i see Roll Eyes

Mark Karpeles stole BTC850,000 and he is still living freely and happily. Grin

The Sheep Marketplace thief is nowhere to be found after stealing some BTC200,000 coins. And now FBI stealing another BTC180,000. Bitcoin is the favorite currency for thieves.

Bralex

sr. member

Activity: 308

Merit: 250

The thiefs are cashing in from there robbery i see Roll Eyes

No difference to the price that will remain terrible for quite some time to come regardless of these coins being auctioned of to no doubt someone who will sit on them for the foreseeable futrure or an exchange will whip them up who knows but the price will remain,

Terrible.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: koelen3 on February 19, 2015, 05:04:20 AM

I heard they have another 44k after this 50k auction

A total of BTC144,000 was seized from Ross Ulbricht by the FBI.

In the first auction, some 30,000 coins were sold. 50,000 more were sold during the second auction. After the third auction, some 14,000 coins will remain with the FBI.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

I heard they have another 44k after this 50k auction

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: ericjarvies on February 19, 2015, 01:43:17 AM

People should avoid those coins (those being auctioned by the government) like the plague.

As I have stated before, I don't agree 100% with this auction on ethical grounds. But at the same time, we need to take these coins away from the US government.

Fabrizio89

hero member

Activity: 924

Merit: 1000

Many people say there's a huge interest for Bitcoin at around 220. This auction could verify this sentiment as insiders will surely play the market accordingly.

ericjarvies

newbie

Activity: 7

Merit: 0

Firstly, the United States government is no friend to the American people.

As such, the American people -especially those closest to the Bitcoin epicenter, should in no way support or advocate the purchasing of said coins from the government... via government auction or otherwise.

Purchasing those coins from the government is essentially rewarding the government, and for what? For their absolute control over the American people? For their oppression? For their circumvention of the Constitucion and bending and breaking of law? For punishing people with lifetime incarceration sentences into small little cement boxes for otherwise victimless crimes wherein all the participants are consensual?

The blockchain possesses the power to decentralize every aspect of life -from banking to government, in a trust-less manner. Yet, so long as people remain complainant and foolishly reward a government that is entirely opposed to them (the people), then so shall the people continue to live under an increasingly escalating police state.

People should avoid those coins (those being auctioned by the government) like the plague.

Eric

Topic: Govt Auction... Round 3 (Read 2676 times)