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7581  Bitcoin / Press / WSJ 2014-07-02 Tim Draper Is Sole Winner of U.S. Bitcoin Auction on: July 02, 2014, 10:00:11 PM
Tim Draper, a well-known Silicon Valley venture capitalist and founding partner of Draper Fisher Jurvetson, was the sole winner in the U.S. Marshals Service’s auction of 30,000 bitcoins that were seized as part of the October Silk Road bust, according to a post on the blog of Vaurum, a bitcoin exchange service in which Mr. Draper is an investor.

“We’re delighted to announce that Tim Draper has won the U.S. Marshals bitcoin auction and is partnering with Vaurum to provide bitcoin liquidity in emerging markets,” the post states.

http://blogs.wsj.com/moneybeat/2014/07/02/vc-tim-draper-is-sole-winner-of-u-s-bitcoin-auction/
7582  Economy / Economics / Re: Tim Draper Bitcoin Auction Winner Press Conference LIVE! on: July 02, 2014, 09:58:07 PM
Wow this feels old school like a 1980's video
Or maybe that's what a conference room looks like in the modern era and hasn't changed retro.
Anyways can someone sum it up
7583  Economy / Service Announcements / Re: Virtex! A new online cryptocurrency trading platform on: July 02, 2014, 09:53:34 PM
I've seen weird 'spikes' in your chart at BitcoinWisdom a couple of times recently.

For example:



I had a sell order at $698.00 when the spike up to $719 happened, but none of it was matched.

Is this a bug in BitcoinWisdom? Or in CaVirtex?

Edit: your website claims the daily and weekly high was $692:



BitcoinWisdom say it's a bug in your API. Please fix it.

@ Doog Virtex is not Cavirtex I know its weird but you need to go to the other thread
https://bitcointalk.org/index.php?topic=218435.0
7584  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 07:04:43 AM
I wonder if someone pressed the nuke button
Anyways litecoin is having a rough round but I don't think its dead yet
That said got to make sure to get the bottom not grab a falling knife.
7585  Other / Off-topic / Re: what is your iq according to "free, accurate iq"? on: July 02, 2014, 06:55:48 AM
And of course siteadvisor warns me its a dangerous site so I had to linkscan it first
^_^ Ah already beat the IQ test
Since it proved clean went to try it and got this

7586  Bitcoin / Press / Re: [2014 - 07 - 01] - 1 800 FLOWERS to accept Bitcoin on: July 02, 2014, 06:33:46 AM
Doesn't look like a dupe to me
Nice to hear I can get flowers bouquets and a bunch of other things like popcorn with Bitcoin Smiley

Beginning this fall, bitcoin will join familiar payment options, including Visa, MasterCard, American Express, and PayPal, that are available to the company's customers across its extensive family of gifting sites, including 1-800-FLOWERS.COM, FannieMay.com, Cheryls.com, ThePopcornFactory.com, 1-800-Baskets.com, FruitBouquets.com, and Stockyards.com.
7587  Bitcoin / Bitcoin Discussion / Re: US Marshals: One Auction Bidder Claimed All 30,000 Silk Road Bitcoins on: July 02, 2014, 06:23:14 AM
As long as they didn't all agree that one group would make the highest bid then they diversify those coins among them it's all good
That said I really really want to know the price as well and am keeping track
This thread as well has all the news so far for those curious
http://coinfire.cf/2014/06/30/breaking-usms-auction-winners-notified/
7588  Bitcoin / Bitcoin Discussion / Re: The real bitcoin killer app is already here on: July 02, 2014, 06:17:53 AM
I like the idea but I am quite hesitant to put anything on the line to try it until they have been around a while. I made the mistake once of being the guinea pig and will not do that again.

The Bitcoin stock market is an annoying thing that said they say risk brings reward in this case we have banks not anonymous ones that support the idea and can back it up.

That said it could backfire so it could well be worth just observing for now.
7589  Economy / Economics / Re: Would people pour their cash into bitcoin given a stock market crash? on: July 02, 2014, 06:15:10 AM
If there was a crash like 2008.  I'd buy stocks hand over fist.   Easy money.

You mean short the stocks hand over fist then buy the stocks back at a giant discount and keep the spare profits
Easy money

Yeah that too.    Grin

I love shorting.   I made a lot shorting TSLA,  AMZN,  TWTR from feb to april.   Now I'm long on those plus DDD.  And recently made killing on GPRO

But its really hard to see the trend though and you need balls of steel to be the contrarian

True enough it is quite the thrill and also the one that is a bit crazy to use the shorts ^_^
It might work though but its easier to say buy low sell high than it is to say
Sell high short till it gets low then buy low and Hold till its High or their is a nice stable dividend to rely on instead of a share price appreciation.

Then again short and simple is sweet no need to add the rest Smiley

Sell High Buy Low and Short if Overvalued
7590  Economy / Exchanges / Re: Official CaVirtex.com Thread on: July 02, 2014, 06:11:07 AM
2 factor can also work with email. Besides, you're a fool if you don't already have it enabled.

Try teaching someone who is tech illiterate to create an email account then add on the challenge of using 2-FA to login to their account
All within a time limit of say 5 minutes
It's fine for most but not for all users therefore it hinders penetrability for future users.

7591  Economy / Economics / Re: Would people pour their cash into bitcoin given a stock market crash? on: July 02, 2014, 06:02:54 AM
If there was a crash like 2008.  I'd buy stocks hand over fist.   Easy money.

You mean short the stocks hand over fist then buy the stocks back at a giant discount and keep the spare profits
Easy money
7592  Economy / Gambling / Re: Primedice.com | 600M+ Bets | 350k+ BTC Wagered | Free BTC | 1% Edge | Instant on: July 02, 2014, 06:01:54 AM


Small mistake on our side. It has been readjusted back to 1000 Smiley

Weird, I am still getting the 250 faucet. I spent all today waiting for faucet to go back up, very disappointed Sad.

ya same still 250

Nope it is still 250 as well over here so guess it will be readjusted a bit later
Looking forward to PD3
7593  Other / Off-topic / Re: FIFA World Cup 2014!!! on: July 02, 2014, 05:53:34 AM
Brazil and Colombia is going to be an awesome match. Hope the Colombians take it to them!
Think I will support the home team Brazil on this match but honestly I think Colombians will take it to them
Either way I want Costa Rica to pawn them all so the president makes a national holiday Ha-ha
Central America Love  Grin
7594  Bitcoin / Bitcoin Discussion / Re: Child porn image embedded in the blockchain on: July 02, 2014, 12:47:31 AM

For educational purposes how the heck would I even open it
Can't see anything but text --> convert through hex --> Somehow a picture?
May as well call it pron for hackers and cryptology programmers lol.
7595  Economy / Service Discussion / Re: Havelock Investments - Exchange feedback/comments on: July 02, 2014, 12:38:49 AM
Actually the real solution would be to charge a low fee for every order placed, whether it is fulfilled or not or canceled.
Or just for cancellations.  Or after a limit.  Abuser pay, as it were.



Trying to recall think there was an option like that on BTCT or maybe not if so then it would be a nice feature to add to havelock

IIRC they had higher trade fees for non-2FA accounts?  I don't recall any order or cancellation fees.  Of course, that was before breakfast this morning, and therefore somewhat fuzzy  Grin

Ah right that was it to promote more secure authentication only the 2FA sometimes timed out on you more often than not Smiley
So your right guess it hasn't occurred yet fees for using the bots rapidly since some trades should be allowed at no fee just a lot of them at one time etc.
7596  Other / Off-topic / Re: FIFA World Cup 2014!!! on: July 02, 2014, 12:01:59 AM

It's the 02/07. and the brazil game is on the friday 4th.

Sorry about that over here its still on July 1st I didn't factor in time zones
Server time is July 2nd now as well so you are correct two days (think its still over 60 hours from now though)
So around 2.5 days left
7597  Bitcoin / Legal / Re: Are bitcoin bounties legal? on: July 01, 2014, 11:59:26 PM
Bounties are legal people call private investigators to look up something all the time or the observe someone
Paying in Bitcoin makes no difference in general if people want to get information how they pay does not matter, the objective can be though but it depends I guess.
7598  Economy / Speculation / Re: Stop talking about the damn SR coins - it is the LEAST significant price mover on: July 01, 2014, 11:53:09 PM
http://coinfire.cf/2014/06/30/breaking-usms-auction-winners-notified/

What we do know now though is that someone won all the Blocks

WE HAVE A SINGLE WINNER
-USMS PUBLIC AFFAIRS

The winners and losers of the USMS Bitcoin auction have been notified and the auction has been completed and closed.

At the time of the last update to this entry no one has come forward publicly to announce that they were the winner of all blocks of the auction.

Prior to the coins being moved a verified source with the USMS who wishes to remain anonymous stated to Coin Fire, “It is really important that we get this 100% right. We have to verify that they aren’t tied to any sort of criminal activity, we have to verify we have the money from the wire transfer. If we send the coins we understand we will have no way to reverse the transaction so every step is being taken.”

At approximately 3:39PM EDT coins contained in the USMS controlled wallet: 1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55 moved to a new destination address of: 1a8LDh3qtCdMFAgRXzMrdvB8w1EG4h1Xi
7599  Other / Off-topic / Re: FIFA World Cup 2014!!! on: July 01, 2014, 11:47:39 PM
Well we have a two day break and then we return to action with Columbia VS Brazil. I really think columbia will beat brazil by a conceivable margin if they play well. Brazil haven't done well all world cup.

Actually its a three day break the games start again on the American Holiday the 4th of July
For the Commonwealth Happy Canada day ^_^
7600  Bitcoin / Press / Re: [2014-07-01] One Auction Bidder Claimed All 30,000 Silk Road Bitcoins. Mark? on: July 01, 2014, 11:42:13 PM
Well in that case if the FBI ceased the bitcoins from Karpeles bid after taking them from the Silk Road
That would be a riot  Cool

Thanks need a joke picture now and then that is on bitcoin ^_^.

But that is what I call total ownage

The winning bidder outbid all other parties for the 10 auction blocks, according to the USMS. Further, the bitcoins have already been transferred to the winner, according to Blockchain.

The USMS previously said that it would begin notifying bidders as to whether they had secured any of the blocks on 30th June. The auction took place on Friday, 27th June over a 12-hour span.
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