The gov't announced months ago that unclaimed assets seized from Silk Road would be auctioned. The waiting period has now expired.
And why shouldn't it be fast? There is a single person who holds over $1B USD of Bitcoin, so big Bitcoin positions are normal. If you have the US money on-hand, this is a 5 minute decision. No need to drag it out.
The real story is the losers dumping their Bitcoin positions as the market goes down, while the smart people buy up those coins too. I guess the forums and IRC channels are full of people telling you to sell cheap. And next week, they will be telling you to buy high.
And why shouldn't it be fast? There is a single person who holds over $1B USD of Bitcoin, so big Bitcoin positions are normal. If you have the US money on-hand, this is a 5 minute decision. No need to drag it out.
The real story is the losers dumping their Bitcoin positions as the market goes down, while the smart people buy up those coins too. I guess the forums and IRC channels are full of people telling you to sell cheap. And next week, they will be telling you to buy high.