Post
Topic
Board Speculation
Black Swan Event
by
Chopperman
on 03/10/2014, 19:37:31 UTC
Judge in FTC versus BFL case orders all of their bitcoin to be converted to USD.
This is a black swan event - nobody saw it coming.
Nobody other than BFL knows how much BTC this is going to be, but it's all coming onto the market.
Nowhere to go but down.


http://ia902308.us.archive.org/32/items/gov.uscourts.mowd.117531/gov.uscourts.mowd.117531.54.0.pdf

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All parties shall cooperate in transferring Receivership Defendant’s bitcoins to a Court controlled bitcoin wallet,

Conversion of Receivership Defendant’s substantial bitcoin holdings to cash on a systematic and reasoned basis;