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Speculation
Re: Effect of Ulbricht's 50,000 Btc Auction
by
resya
on
07/03/2015, 12:10:11 UTC
it is unlikely that these auctions will drive price down. here is an article about the guy who won in the last 2 auctions:
http://www.coindesk.com/tim-draper-wins-2000-btc-second-bitcoin-auction/
He was probably bidding in this most recent auction too. He uses the Bitcoin to fund start up companies.