Post
Topic
Board Economics
Re: Silkroad seized bitcoins to impact price?
by
Parazyd
on 13/06/2014, 07:36:38 UTC

Buying them cheap(er) is not a bad idea...right... Wink


So, the logic would be: 30k will be bought cheaper on the private auction, then sold on the public exchange for higher price, resulting in lowering the price?

Is there any explanation/guide on internet how selling of 30k would impact the price - I mean some basic calcs?

Hardly would impact the price. 27k BTC isn't much. It's 0.1% of all that are in circulation. This much is mined in a week.