FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalksearch.org/topic/m.9427254
Bitcoin doesn't seem to respond so much to "news"https://bitcointalksearch.org/topic/m.9427254
Yeah.
The USMS auction happened on June 27. In the 4 days prior the price dropped from 600$ to 560$, then recovered to 600$. After the auction it remained at 600$ for another 3 days, then shot up to 650$, perhaps on rumors that Draper had paid over market. But that 650$ was merely a return to the high of June 2-10. It may well be that those swings had nothing to do with the auction.
Yes, but Draper has become a punch line since his bid and nobody is going to be dumb enough to high bid an uber ton of coins, again. You have these coins and the ones in Australia or New Zealand or wherever the f---, too. You basically are going to have roughly 50,000 more coins hitting the market at the same time that the Winklevi are trying, more or less, to dump their coins. This s--- is officially dead. I am opening a short. This s--- is beyond f---ing dead.
It is one thing to be shorting bitcoin while it is going down in order to obtain MORE coins. It's a whole other game to actually be selling all of your coins and have nothing but shorts.
Hopefully you're smart enough to see that the end game IS bitcoin and you don't sell all of your coins off...
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