U.S. to Auction Off Another 50,000 Bitcoins from Silk Road Bust

[CommanderFrank]

Got a hankering to corner the Bitcoin market, or at least get a start on it? If that’s your pleasure, the US Marshall Service will be holding an auction early next month to liquidate another 50K of the Bitcoins seized from the Silk Road bust.

The cryptocurrency was trading at about $601 when the federal government first auctioned off the bitcoins last year and $369 during the second auction in December. One bitcoin is now worth about $234

 

[Falling Anvil]

I wonder if large amounts of government-seized Bitcoins reentering the Bitcoin "economy" sets off paranoid coiner alarms...