RE: US Marshals Service To Sell Nearly $25 Mln Worth Of Seized Bitcoin At Auction
Funny how many in the US govt call BTC a "scam" yet...have no issues reselling it to an obvious upper class (200k deposit ? That sure as hell ensures regular John Smith cant bid)
See...If anything this shows BTC's value to those who run quickly to "judge/tax it".
It's a smokescreen...they know BTC has value.
I think in the near future once the purge of Alt coins happens (i believe 75% of those alt coins you see in that top 200 list will be gone in 2 years)
BTC will still be King.
No price prediction, but it wont be knocked off it's throne by ETH/NEO/LTC/BCH...or any other alt coin.
Even the government sees the value in "internet fake money" as stated by a few US senators.
If anything i look at this auction as a positive statement to it's future.
great post as always @zer0hedge