The bitcoin community could soon see another high-profile auction of bitcoins confiscated from users of the now-defunct online black market Silk Road.

Australian law enforcement officials are now in possession of 24,500 bitcoins (worth $9.4m at press time) following the conviction of their original owner, 32-year-old Warrandyte native Richard Pollard. Pollard was given an 11-year prison sentence today after pleading guilty to commercial drug trafficking, according to The Sydney Morning Herald.

http://en.europeonline-magazine.eu/german-retail-bank-announces-negative-interest-rates_361835.html

Another reason why Bitcoin is a superior place to store wealth

You're joking, right? Bitcoin has lost 70% this year, and it has volatility up to 15% a day. How is that superior?

We will report and compare the performance of those investments as well as a key site stat that you won’t find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.

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peoples mind set is actually changing right now, alot of people dont think of bitcoin as a scam currency, but as "another currency".. so when news talks about bitcoin being used, the mindset is not "oh crap bitcoin is bad" but more like "oh the scammers dont want to use a credit card, cash or paypal"

there was yet another use of bitcoin on the TV show 'the goodwife' this year where the blackmailer tool that encrypts hard drives was the centre of attention and the payment method was bitcoin.. the emphasis was on the scam not bitcoin.  bitcoin was just a side mention, treated as just a useful payment method.. there was no chatter about bitcoin being bad, no chatter about bitcoin being hard to purchase or even any chatter about risks of bitcoin.. the characters simply paid the amount and then argued for half the episode about the scammers

Interesting, every bank I have asked in the last several years accepts loose change, but not wrapped change (it has been 10+ years since a bank has accepted wrapped change from me).  Most of them have their own coin counting machines and don't charge members to deposit the loose change.  One of them even told me they don't have a coin counting machine, but will count my change by hand for no charge (and will not accept wrapped coins, and I was a member).  We are only talking about 5+ banks here, but with 100% consistency, they accept loose change and not wrapped change...

...so either I live in the twilight zone, or Coinstar is for the unbanked and uninformed.

The time has come for me to resign as Executive Director of the Bitcoin Foundation. Thank you for all of your passionate support! More soon

Jon Matonis has announced he will resign from his position as executive director of the Bitcoin Foundation, and that he intends to step down from the group's board of directors at the end of his term on 31st December.
[...]
Matonis intends to continue to work professionally in the bitcoin community through private-sector initiatives. He will continue to hold the title of founding member due to his early involvement in the group. The Bitcoin Foundation is currently seeking to fill the role of general counsel, which has now been vacated by Murck

First of all,

1. Mr. Matonis talks like he gives everybody else a dictat on how XBT has to to be calculated.
...

The time has come for me to resign as Executive Director of the Bitcoin Foundation. Thank you for all of your passionate support! More soon.

Well I don't know why but I certainly had this picture come to my mind,

Imagine a patient is admitted in the hospital for a surgery. Now he/she has 2 btc that's worth about 330 per coin in the current market. And the surgery will cost about 500$. So he/she thinks that it is enough. Now the next morning, given the nature of the Bitcoin, the price just dropped to 200 per coin. Now what will happen?

Wait are they going to accept payments in BTC or is there just going to be a BTC ATM that you can take the cash from and pay your bills in fiat? One is a small step other one is a bigger one.

The latest, and arguably most prominent, is Arthur Levitt Jr., the longest-serving chairman of the Securities and Exchange Commission, who will serve as an adviser to BitPay, the Bitcoin payment processor, and Vaurum, an exchange for institutional investors. The moves were announced on Tuesday.

bitcoin sales directly probably were a very small factor in the sales increase, although it is likely that some bitcoin customers also purchased from overstock using fiat.
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Now that Shibify is fully operational I think it's time we did a promotional giveaway to help stimulate the DOGEconomy.
We're giving 1,000 doge to the first 200 top level comments in this thread (limit 1 per shibe please).
If you're still reading this, I assume you're genuinely interested in learning more about Shibify, so here ya go:

1. Shibify is an online marketplace where vendors can set up their own store and get paid for their goods/services in dogecoin.


2. Shibify is not an exchange. It was built for the sole purpose of providing a simple ecommerce platform for vendors affected by the moolah fiasco.


3. Shibify is hosted on a LEMP stack Ubuntu server provided by DigitalOcean. It is very fast and easily scaled. I use the same setup to host websites for large organizations and the cost is covered by my web development business.


4. There is no subscription fee for vendors using Shibify. There is a 2% transaction fee though. Most of that goes to our payment processor, CoinPayments. At least until we can develop our own payment processor.


5. I did most of the development work on Shibify myself, with a lot of input from our premier vendor, DogeDraws. I'm outsourcing the payment processing development though. That stuff is hard and I'm a UI/UX guy.


6. Are you still reading this?! Neat! The first person to include the phrase "doge I love pineapples" in their comment gets 5,000 doge. /u/cupidoro got it super fast.


7. My identity is well-known around reddit and I'm happy to provide references upon request. If you're ever in the Houston area, I'll gladly meet you over a pint and we can talk dogenomics.

Who is the developer of this coin? Is it dooglus?

Just another proof that bitcoin is the only coin which is going to last. Bitcoin rules.

I'll update the OP and reply to new signups later today. If you have changed your sig and are full member or above then you will most likely be included in the campaign. Will reply soon.
Thanks

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Any investor heard from Jason?

I received a message on twitter from some looking to buy BTC.  Not a problem, I told them to PM me.  They tell me they are 15 and can't by coins since the local ATM was seized. 

I have no problem selling BTC, but to a kid seems a bit, well, odd.  Should I tell them Ill meet if they bring a parent along?

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Personally I would sell to a 15 year old but if he starts volunteering weird information I never asked for then I'd back off.

hey guys we had lots of requests so added Doge to Cryptex https://cryptex.biz/market/106