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For Sale: 50,000 Bitcoins (DPR February Auction)
- jason_slack 12y agoSo at the price I just looked up that is about 11.7 million dollars. 1 Bitcoin equals = 234.62 US Dollar 50,000 * 234.62 = 11,731,000.00 Dollars.
- ada1981 12y agoCurious how long you have to wait to take ownership of the bit coins after the sale. Also, why wouldn't the gov just sell these via an exchange directly?
- syntheticcdo 12y agoThe government needs to run clean, standardized auctions on seized property to make sure the entire thing is impartial. What if these weren't bitcoins but instead cars? A government official could sell them to his brother at "a fair price" aka 1000s under market.