U.S. Government to Kickstart 3 Day Bitcoin Auction on Tuesday
Still two days to go with the US govt’s auction of 4.94 BTC
U.S. Government To Kickstart Three-day Bitcoin Auction On Tuesday
“The auction will include five lots with starting bids all under market price for the bitcoins. All auctions are to be carried out in Atlantan Georgia and the lots will include varying volumes of bitcoins. The first lot will feature the highest volume with 1.50 BTC with a starting bid of $40,809, more than $20,000 less than the market price. Other lots will include a decreased volume of bitcoins to varying degrees. Starting bids for each lot will also decrease for the lots with smaller volumes.
The second lot will see 1.25 BTC being auctioned off at a starting bid of $34,008. Next in line is the third lot with 1 BTC with its starting bid placed at $27,206. 0.75 will be put up for auction at a starting bid of $20,405. And lastly, the fifth lot will see 0.44 BTC auctioned off by the U.S. government at a starting bid of $11,971.”