http://www.dailymail.co.uk/news/article-2959031/U-S-marshals-auction-50-000-bitcoins-Silk-Road.html
Wonder what the price was the day they were taken versus the drop today?
[PSA/Article] Let the bidding begin on the Silkroad bitcoins!!
http://www.dailymail.co.uk/news/article-2959031/U-S-marshals-auction-50-000-bitcoins-Silk-Road.html
Wonder what the price was the day they were taken versus the drop today?
[2 Points] None:
[1 Points] gwern:
Bitcoins were in the $90s when SR1 was busted, and that triggered off the big bubble which peaked in the $900s (on Mtgox). So they've still almost tripled (2.7x) and the last auction winner (Tim Draper, IIRC) paid a nice premium over market to win the auction, so might easily hit 3x.
[0 Points] select1on:
It will be a private sale so the price won't be affected directly.
Just so we're clear, we can't/shouldn't actually bid on these, right?