Miners (businessmen who only sell) => SR (increasing velocity of money, increasing liquidity, decreasing scarcity/price) => FBI/USG (seizing all this liquidity and inducing supply shock by increasing scarcity) => Auction bidders (influential Silicon Valley Billionaires who now have an increased stake in Bitcoin the asset and not only Bitcoin companies)
This flow of money is bullish. I hope this happens until almost all the supply is in the hands of Tim Drapers and Winklevosses.
I have seen many claims that big miners sell directly to big buyers off-exchanges, I don't know whether that is true.
SilkRoad apparently was accumulating bitcoins; if so, they were reducing liquidity and velocity, and increasing scarcity. In that case, the FBI seizure, by itself, did not affect the market -- it was a direct transfer from one hoarder to another.
Tim Draper is holding (so he says; although his coins moved recently, it seems). Given his experience (~33% paper loss so far), the next auction winner may be a speculator who buys substantially below market to sell right away, possibly on the markets.
Silkroad was accumulating Bitcoins ? What does that even mean ? Isn't that the idea of running a business?! Do you say of all other businesses that they are accumulating USD?
Drapers coins moved, but guess what. Thanks to the miracle that is the blockchain fudsters only need to click their mouse once and they can see that they have just been moved to another address. I can think of 101 reasons to do this.
Did you miss the article where he says he will bid again? I think your 100% wrong with the last assertion, if anything experience tells you that bidding below market just won't cut it if you want to win the coins.
33% paper loss is roughly $6 mill. Thats chump change to a billionaire. Especially one who has said again recently he still believes it could go to 10k.