> Will be interesting to see how this announcement effects the price of bitcoins... | Hacker News

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lucb1e on Nov 17, 2014 | parent | context | favorite | on: For Sale: 50,000 Bitcoins

> Will be interesting to see how this announcement effects the price of bitcoins.

That's what people asked last time when, if I remember correctly, the FBI was selling off some of the Silk Road coins. Nothing really happened, maybe a few percent drop, but that happens every day so I'm not even sure that was due to the sell.

zeeshanm on Nov 17, 2014 [–]

To add more context, a well-known investor who happens to have significant influence ended up buying those bitcoins.

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