the price won't halve... the supply of BTC will halve. I doubt the price will go down, in fact, i believe the price will increase. Regardless, even if the price does decrease, it is not because the price will halve.

Plus court ordered restitution (for whatever that's worth). Gox users will never be compensated but hopefully they can get some satisfaction in knowing that a large portion of the meager wages Karpeles will make in prison and thereafter will be taken from him. But ya, hopefully he serves legit time.

This was not a civil case, therefore there is no plaintiff (it is not J Smith v Ulbricht). This was a criminal case, and therefore the moving party was the government, or to be more specific the DOJ (US v Ulbricht). Whether or not the DOJ met their burden of proof (beyond a reasonable doubt) can be argued, but you can't sit here and say nobody took the stand against him in court because that is not true. The DOJ had witnesses and those witnesses testified. Again, whether the DOJ proved the accusations beyond a reasonable doubt can be argued, but there certainly were people who took the stand to testify for the government.
I agree with several of the posts above. Personally, I think they proved their case, but I think the sentence imposed by the judge was a harsh statement that did not fit the crime. Ulbricht's best appeal will be based on the 4th amendment

If the offer is still on the table I can do this

Just pm me and let me know. I have iPhone 5 in mint condition.

If you can hold it for a long period of time, yes. But I don't think the price will be jumping in the near future.

Hey all
So it really isn't worth the time getting bitcoins through faucets at this point, but are there any alt coins that it is worth the time ie doge, lite coin... I've only done Bitcoin faucets so I am genuinely curious. Or has the ship sailed on everything?

+1 on lack of sense for the logic... TP- The XT adoption has been the main catalyst of the price decline (aside from the sell off last week) and nothing indicates it has been resolved. Why would the price suddenly shoot up 70$ in 9 days? What on earth makes you think that aside from blind faith? Greece's latest referendum may help the price IF the radical left wins (which it probably won't given that the special election was called for by the opposing faction) and possibly the fed's rate hike in September may help the price IF they do in fact hike the rates (although this has already been factored into the precious metals market). But these are all huge IFs and they won't necessarily move the price. I wish it would hit 300$ by the end of August, but you're dreaming if you actually think it will.

I don't think people will soon realize it is smart to have pieces of Bitcoin if the price continues to be so volatile. Huge price fluctuations scare most people, and major dips like the flash crash the other night results in investors and average consumers putting their money elsewhere. BTC has to not only overcome the stigma attached to it as a "black market currency", it also has to overcome the notion that it is the 21st century tulip mania. I tried to convince a friend for months to get into BTC- sent him some links and even gave him a book. He read up on it... I went to buy silver from him the other day and when I offered to pay in BTC he told me to "keep those koopa coins". I think it will take some serious convincing to show people BTC can retain value long-term.

Pm sent. Let me know if you are interested

But I fear if Bitcoin doesn't make it, it's replacement will be a Jp Morgan or bank of america block chain. New world banker types won't just try to take Bitcoin, they want it all.

I have been scooping up small amounts on the dips but usually trading them for LTC. Interested to see what happens on Monday when it halves.

I think silver will be between 8 to low teens for quite a while. Fed's rate hike has already been factored in. Won't cause much of a bump. But what do I know- I keep buying and waiting for it to get back to the levels it was at a few years ago when it was hitting in the fifties.

I think I will spend it . I have plenty of faith in the system, just little faith in my summer spending habits.

Great collection!  I haven't bought any gold but I have a decent amount of poor man's gold (silver). I used to buy the one five and ten ounce bullion, but now I buy rounds. Almost exclusively buy Eagles- premium is a bit higher but you can sell them to anyone at any point.

yes, at the moment. but we shall see how long that lasts

i was late to the game. had to buy my first ones.

Hi all,

I have been looking for a good trading platform for trading BTC options. Unfortunately, I can only buy in & trade w/ BTC (can't buy in w/ cash). Does anyone have good experiences with a specific platform for shorting/going long on BTCs... if so, I would appreciate any suggestions. Also, my apologies if this has been posted before or if this is the wrong section.

Thanks in advance!