John Biggs just posted on Tech Crunch that the second auciton of Silk Road Bitcoins. There were 50,000 BTC in this auction.
Current Bitcoin pricing courtesy of CoinDesk.com
$370.81 0.45%- Change
- $1.66
- Market Cap
- $5.033B
- Total BTC
- 13,574,025
- Today’s Open
- $369.15
- Today’s High
- $371.35
- Today’s Low
- $365.54
From Tech Crunch:
The US Marshals Service has completed the second auction of Bitcoin seized from the original Silk Road. The auction, consisting of 50,000 BTC, is the latest in a seized BTC sell-off that began in June.
The USMC reported that 11 registered bidders placed 27 bids for the bitcoin, down from 45 bidders in June. Coindesk attributes the drop to a smaller bidding window – 6 hours versus 12 – and reduced interest by buyers due to the mass availability of larger blocks of Bitcoin.
The price of bitcoin was unaffected by the sale and is now at about $380. In June the price rose briefly by 7% as users watched the first sale with interest.
