$19M Worth Of BTC Goes Up For Auction In Australia; Bitcoin Market Reacts!

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Australia Bitcoin Auction, Bitcoin Market ReactsAustralia Bitcoin Auction, Bitcoin Market Reacts

Australia should shortly be dubbed a “bitcoin auction king” as $19 millions value of BTC is now being sold in, what is approaching to be, a rarely contested public auction. The U.S. Marshals Service hold a largest bitcoin auction last year where 4 winners walked divided with $14M value of BTC. The Bitcoins were seized from a now gone bootleg online drug trade company, Silk Road.

The Australian bitcoin auction is a outcome of a largest BTC seizure in a country’s history. They were sized from a private citizen and BTC financier indicted of holding partial in a EU’s drug trade.  The bitcoin market has reacted certain to a news; sharpened BTC cost to a top value dual years ago.

The auction was announced on May 3o, 2016 with a collection of 24,518 BTC value $19m during proclamation time. A single bitcoin price almost double given a final time a BTC auction was help. The U.S auction captivated a record series of investors, though we’re not certain it will be a case

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