Post
Topic
Board Bitcoin Discussion
Re: usa police will sell bitcoins for billiards of usd so bitcoin will be killed to
by
HeRetiK
on 13/01/2018, 14:18:24 UTC
I guess OP is referring to the seized silk road coins, most of which already have been sold in 2013 - 2015.

Apparently more than BTC 288,000 in total:
https://en.wikipedia.org/wiki/Silk_Road_(marketplace)#Arrest_and_trial_of_Ross_Ulbricht

Well played, well played.


Whatever BTC the FBI has left, if any, would be hardly noticable in today's market.

It's about this:
https://www.usmarshals.gov/assets/2018/bitcoinauction/

This sealed bid auction is for approximately 3,813.0481935 bitcoins (structure details below). The required deposit to participate in this auction is $200,000.00 USD.

Probably they will end up selling them at a higher price than the market price, it won't be the first time.

Interesting, makes sense that they were able to seize additional bitcoins from other investigations. Just short of 4,000 BTC is kinda cute though. If they were to sale those coins on regular exchanges like the rest of us that would account for a whopping 0.5% of daily trading volume. That's quite a kill switch indeed.

I wonder if they sell the fork coins along with it? BCH alone would account for another USD 10,000,000,- on top.


usa police will sell bitcoins for billiards of usd so bitcoin will  be killed totally

agree ?

They will sell bitcoins for billiards?
Man they are stupid, they should sell them for pizza!!!!

According to Amazon you can get a fancy pool table for USD 3,000.

BTC 3,800 * USD 14,500 = USD 55,100,000 / USD 3,000 = 18,366 pool tables.

That would be enough for me to play on a different, brand new pool table every day for the rest of my life.

Not a bad deal to be honest.

I don't play pool tho