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StellarStoic💭 Old account 2y ago 💬 6

Apparently some seized SilkRoad Bitcoin (41500) will be washed and ready to transact again throughout the year.

https://u.today/silk-road-crypto-sale-us-govt-sells-9800-btc-aims-to-offload-41500-more

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GigaBTC 🌽⚡️🔑 2y ago

Gotta keep that USD price suppressed somehow.

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Tony 2y ago

That’s just 150 BTC per day, which is roughly 0,4% of current selling pressure. Maxis will DCA-buy those coins and ask for more

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GigaBTC 🌽⚡️🔑 2y ago

I didn’t say it would work, however I would bet heavily there is some committee in a government building somewhere that meets regularly to decide when to deploy this.

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Tony 2y ago

💯

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Keysa - Simplest Bitcoin Edu 2y ago

👀Do they pay the capital gains on these sales??