so you htink the FBI is going to make an account on Mt Gox or Bitstamp and sell their coins... seriously?
First of all they can't do anything until the trial is over. Secondly if they are going to sell them it isn't going to be on a japanese exchange that you can't withdraw any USD out of, or on an exchange whose bank is in slovenia. use your critical thinking skills...
Topic: Thoughts on FBI dumping Silkroad BTC - page 5. (Read 6991 times)
I think they'll do it by way of an auction rather than dumping on the exchanges - otherwise, it implies that they recognize the legal status of those exchanges.
Nah they won't dump all at once. They want to get as much money as possible too. Plus, all legal proceedings go so slowly, I bet it will be months or another year before they even start selling. They need the BTC for now for evidence against SR.
I agree with all of you obv best situation to buy cause has zero correlation with actual progress of btc but I just bought a lot and read this... haha now what do I do? sell and wait for it too crash to buy again
Good. More cheap coins for me.
There is no crashing the btc.
This!There is no crashing the btc.
If they dump all at once, I'm going to make a small fortune buying up cheap coins.
I don't believe they have access to the money so what's to discuss.
This. Stop the FUD here please
I don't believe they have access to the money so what's to discuss.
Good. More cheap coins for me.
There is no crashing the btc.
There is no crashing the btc.
http://pando.com/2014/01/02/with-130m-of-bitcoin-wealth-and-plans-to-sell-the-fbi-could-rattle-the-virtual-currency-cage/
Being a government entity you can bet on them trying everything in their power to crash the price when they unload..if for nothing else for fun of it
Being a government entity you can bet on them trying everything in their power to crash the price when they unload..if for nothing else for fun of it
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