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Topic
Board Trading Discussion
Topic OP
Price dumped on silkroad auction news?
by
binks1
on 13/06/2014, 04:37:50 UTC

Hi,

Correct me if there's a post on it.

I woke up this morning in Sydney and I see price dumped. Could not figure it out why? But then:

"The U.S. government plans to start selling one of the largest caches of bitcoins, which it seized from the Silk Road marketplace used for buying and selling drugs. The virtual currency’s price fell."

http://www.bloomberg.com/news/2014-06-12/bitcoins-seized-from-silk-road-to-be-auctioned.html

Why would be so?  Huh