Replying to StellarStoic💭 Old account

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

Avatar
GigaBTC 🌽⚡️🔑 2y ago

Gotta keep that USD price suppressed somehow.

Reply to this note

Please Login to reply.

Discussion

Avatar
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

Avatar
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.

Avatar
Tony 2y ago

💯