Any thoughts on this one? News released today. This could crash the price hard. 385000BTC for $3M USD? what?
http://www.coindesk.com/us-government-sells-silk-road-users-seized-bitcoins-for-3-million/
http://www.coindesk.com/us-government-sells-silk-road-users-seized-bitcoins-for-3-million/
if they sold 380,000 btc for 3m, that would be $12 each. - must be a portion, or Im missing out on some seriously 'cheap coins'
RTFA
Quote
the government has already sold more than $3m in the proceeds from Slomps’ crimes, Assistant US Attorney Randall Samborn told CoinDesk