This whole silly auction thing reminds me of last summer when the sale of Satoshi Dice led to a good chunk of coins (126k?) being paid out to shareholders.

Some fools thought they would all hit the exchanges and sink the price, leading to an immediate flash crash from $98 down to $86. Even though there was no appreciable impact of the payout the next day (prices actually rose), it took over a week to recover.

It seems the kind of people who held shares in SD were also the kind of people to hold their bitcoins, actual Bitcoin people and not just traders. Surprise, surprise.

When the list of bidders in the auction was leaked it should have been fairly obvious that they probably weren't going to immediately sell them, let alone at exchanges.

The whole thing was a non-issue.