Re: US is auctioning $1.6 million

Quote from: davis196 on August 09, 2016, 02:28:29 PM

Quote from: revo999 on August 09, 2016, 10:23:31 AM

http://satoshibonus.blogspot.com/2016/08/us-is-goin-to-auction-bitcoin.html

These are the bitcoins that are recovered from different cases / claims / investigations
On the other hand Government is not sure about Bitcoin as currency how will they handle the amount ?

Is anyone here going to participate in that auction? Grin

Is the auction open for non-US residents?If yes,i want to participate and bid.

Maybe this will have some impact over btc price?

I'm about 90% sure they're auctioning it off in large amounts that are out of all of our reach, and only the largest investors are going to get in on this and actually be able to bid. And I'm also fairly sure that it is restricted to US residents, or people that they've invited to take a spot in the auction. I don't think they'd auction of to some foreign entity.