SatoshiDice Sold for $12.4 Million

[desired_username]

The other thread about this says it sold for 11.5m.

It depends on what bitcoin is currently worth, no? So it's 12 million now, 18 million in an hour or so and 5 USD 50 cents in 4 weeks.

You're greatly exaggerating Bitcoin's volatility.

Actually I'm not. With Mt Gox not sending out any withdrawals for weeks now and them trying to claw back withdrawals that have already happened, with Robot Ver completely failing to meet his sales targets, with Avalon not delivering for weeks, with Bitinstant shutting down,  where do you think BTC will be in 4 weeks?

I think you overstate the effect of those events.

Robot Ver - I don't even know who they are, what they do

Avalon - doesn't really matter, they had limited supplies since they started (300pcs for batch 1?). There are competition though with BFL, asicminer and the other new companies developing asics so the future is bright.

Bitinstant - again, it affects only a portion of bitcoin users

[greyhawk]

Robot Ver - I don't even know who they are, what they do

I'll assume you haven't seen the video where Mark Karpeles held a gun to Roger "bitcoinstore/memorydealer" Ver's head while Ver did a Commander Shepard?

[wachtwoord]

Why would BitInstant shut down? They're market leaders ....

[greyhawk]

Why would BitInstant shut down? They're market leaders ....

Not anymore they're not.

https://www.bitinstant.com/

[wachtwoord]

Why would BitInstant shut down? They're market leaders ....

Not anymore they're not.

https://www.bitinstant.com/

That's one of the vaguest statements I have ever read. What the hell was wrong with what they were doing?

[greyhawk]

Why would BitInstant shut down? They're market leaders ....

Not anymore they're not.

https://www.bitinstant.com/

That's one of the vaguest statements I have ever read. What the hell was wrong with what they were doing?

No idea, I'll just assume they ran into trouble with the men with the hurty sticks and the badges.

[wachtwoord]

Why would BitInstant shut down? They're market leaders ....

Not anymore they're not.

https://www.bitinstant.com/

That's one of the vaguest statements I have ever read. What the hell was wrong with what they were doing?

No idea, I'll just assume they ran into trouble with the men with the hurty sticks and the badges.

So say they had issues with that (don't say better customer experience ffs .

They should try to collaborate with Western Union. They are (and will continue to be) market leaders because they have so many licenses.

[Kris]

US authorities have taken a closer interest in Bitcoin this year, including an investigation into Mt. Dox, the world’s largest Bitcoin exchange. Officials seized Dwolla’s payments to and from the service in May for conducting “unlicensed money transmitting”.

I like "Mt. Dox" 

[addi]

I'm really curious who the buyer was

[greyhawk]

I'm really curious who the buyer was