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2301  Economy / Economics / Re: Silkroad seized bitcoins to impact price? on: July 05, 2014, 07:36:10 AM
He is not going to release the price. He is also going to do very good things with the bitcoin he purchased.

I don't see the reason behind all this secrecy.
2302  Local / Press & News from India / Re: [03-07-2014]-The Financial Express: Venture capitalist snaps up bitcoins worth.. on: July 03, 2014, 03:25:41 PM
This story made it to Times of India as well.

http://timesofindia.indiatimes.com/Tech/Tech-News/Venture-capitalist-Draper-wins-US-bitcoin-auction/articleshow/37696041.cms

He plans to use this stash in emerging markets, including India....
2303  Other / Off-topic / Re: FBI U.S. Marshals Auction Prices Leaked! (Bullish) on: July 02, 2014, 01:30:35 AM
If the winning bid is $800 and the next highest bid is $500, the winner didn't do a good evaluation of the competition.
But we will not know the bidding pattern unless the feds make some additional disclosures.
2304  Local / Press & News from India / [2014-07-01] ToI on the US Bitcoin Auction on: July 02, 2014, 01:26:36 AM
http://timesofindia.indiatimes.com/Tech/Tech-News/Bitcoin-bigwigs-SecondMarket-Pantera-outbid-in-Silk-Road-auction/articleshow/37572866.cms

SecondMarket and US investment firm Pantera Capital, two of the more prominent bidders in the US Marshals bitcoin auction, on Monday said they were outbid in their attempts to buy some of the nearly 30,000 coins sold late last week.
2305  Economy / Trading Discussion / Re: BTC Rewards for Mobile Gaming! on: June 30, 2014, 04:19:30 PM
Depends on how interesting the game is.
2306  Other / Off-topic / Re: FBI U.S. Marshals Auction Prices Leaked! (Bullish) on: June 30, 2014, 03:54:41 PM
I am not questioning the process. Is there really no way the public can find out the bids unless US marshals or the auction winners releases the information? Can the public download their financial statements and find out how much they were paid?

Even the losers can give some information.  Grin
2307  Other / Beginners & Help / Re: Which betting site is good for investing? on: June 29, 2014, 01:13:44 AM
In my opinion mining is better than betting.

OP wants to invest in betting sites, not bet.
2308  Economy / Marketplace / Re: Silkroad BTC auction - More info? on: June 28, 2014, 07:26:48 AM
I wonder when the rest of the coins will be auctioned off.  Since 30k are all they are starting off with, it would seem that the remaining 144k or whatever it is exactly will be auctioned off at a later time.  Or does anyone suspect that the gubbermint will attempt to control the bitcoin market with the wealth that they control.  Kind of like how the federal reserve controls the USD, and manipulates inflation/deflation.  

What do you think that the gubbermint will attempt to do with the remaining coins that are not being sold at this time?


The remaining coins are not silkroad coins, but actually belong to Ulbricht. They haven't been forfeited yet. The Government will be able to auction them only after a judgement is obtained on Ulbricht's case. So it could be quite a wait.
2309  Other / Beginners & Help / Re: Bitcoin Interest Rate on: June 27, 2014, 03:18:11 PM
You can earn interest on BTC deposits through Bitfinex. The funds are loaned to traders taking a short position. The risk you take is the solvency of Bitfinex. The rates are very low. About 1.5% p.a. But in a way, that is quite reassuring.

Nice to know that there are people taking short positions as well.  Grin
2310  Other / Beginners & Help / Re: Which betting site is good for investing? on: June 26, 2014, 02:59:49 PM

investing in gambling : you'll get divident from your initial investment in gambling site, since gambling site has house edge, it will make sure they make profit in long time. but in rare occasion, they can bankrupt too (in example justdice case) if someone trick them or someone iis very lucky to defeat house many times


The more important risk to worry about is the trustworthiness of the person running the gambling site. You do not want him disappearing with your money.  Smiley
2311  Bitcoin / Bitcoin Discussion / Re: Satoshi's price on: June 25, 2014, 02:11:51 PM

Satoshi was not interested in the FIAT value of Bitcoin. He wanted Bitcoin to be an independent medium of exchange.


Agreed. Nobody cares what the exchange rate between USD and Zimbabwe dollar is.
Similarly, if fiat currencies keep inflating, then the fiat value of Bitcoin really doesn't matter and would keep increasing.
2312  Other / Beginners & Help / Re: After 2140 - Last Bitcoin mined. on: June 24, 2014, 03:42:26 PM
We could still have pro-bono miners, who process certain transactions for free in 2140.   Cheesy

One of the bitcoin millionaires could set up a trust, and ensure that bitcoin transactions get processed and transaction costs remain low.
2313  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bikini Contest [BITKINI CONTEST] on: June 24, 2014, 01:30:45 AM
I think this may be an interesting way to get people involved with bitcoin.

Not all of the details have been thought out but I figured I would put the idea out there to spark some discussion and thought on the topic.

There could be more than one Bitcoin Bikini Contest.

It could be called the BITKINI CONTEST.  Grin

Anyways I'm interested in other people's thoughts etc.




When you can have Girls Gone Bitcoin, why not have a bitcoin bikini contest. Grin
2314  Other / Beginners & Help / Re: Bitcointalk.com on: June 24, 2014, 01:20:10 AM
Just to clear things up for people this quote is copy pasted from that website about this one.
Pretty sure that's what you meant to say, but it sounds like you're talking about that site.
Though that might also be correct.

Yes, that is correct.
A portion of my post got snipped along with the suspicious link.  Smiley
Glad to know that it was discussed earlier, and the background behind it.
2315  Other / Beginners & Help / Bitcointalk.com on: June 23, 2014, 05:32:02 PM
Landed at www.[Suspicious link removed] has a wealth of information about Bitcoin and some very knowledgeable members be aware that the site is run by scammers.  Do not trust any of the ads even if they are endorsed by the site administrators.  The site also encourages the sale of accounts you can never be sure who you are dealing with.[/i]

Has this come up for discussion before?
2316  Other / Beginners & Help / Re: Blockchain miners fee on: June 23, 2014, 12:53:10 AM
The fees is what you pay to ensure that your transactions get confirmed quickly.
Please refer to the below website for detailed information on transaction fees.

http://bitcoinfees.com/
2317  Other / Beginners & Help / Re: Bitcoin payments on: June 22, 2014, 02:23:24 AM
Any updates?
I'm also interested into becoming an affiliate on the website

This should answer your question. Smiley
Summary - Pelar    
Name:    Pelar
Posts:    2
Activity:    2
Position:    Newbie
Date Registered:    February 21, 2014, 08:05:31 AM
Last Active:    February 21, 2014, 09:05:10 AM
2318  Other / Beginners & Help / Re: I need help on: June 21, 2014, 01:41:10 AM
What is the point of hacking an account?
Is it only to earn through signature campaigns? Is it really worth it?
2319  Economy / Speculation / Re: Crossed 500 USD - Bull Market returns ? on: June 20, 2014, 12:42:53 AM
Professor Mark Williams.
And he is currently sticking to his fair value analysis.

http://www.forbes.com/sites/samanthasharf/2014/01/15/10-one-perspective-on-what-bitcoin-will-be-worth-in-2014/
2320  Bitcoin / Legal / Re: My buddy is getting a divorce. Can the court seize half of his bitcoins? on: June 19, 2014, 01:08:40 AM
if they can't even prove that he has bitcoin, how would they be able to seize his money? how would they even go about proving that he owns such and such wallet?

He would be taking a chance and committing perjury if he falsifies his asset declaration. If and when the bitcoins get linked to his name, he would be in trouble.  Smiley
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