Silk Road dump incoming - 26,000 coins. FBI has said they are going to sell. Judge has approved sale.
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/
http://www.forbes.com/sites/kashmirhill/2014/01/16/the-feds-are-ready-to-sell-the-silk-road-bitcoin-kind-of/
Thank you for this confirmed bad news. I invite you to post it in this thread here so to keep all the confirmed bad news in one places, so that people can easily see just how bad things have gotten and are getting. With this new news, I expect we'll begin setting new 2014 lows, and will continue to do it on a monthly basis, at least.