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samsonn25
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February 16, 2015, 10:07:30 PM |
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(Before the first USMS aution, some people speculated that those ~30'000 bitcoins would be worth more than ordinary bitcoins in the future; both for having been "blessed" by the US government, and for their historical value, having been through SilkRoad and its takedown. But no one mentions that now. The "collectors overprice" of those bitcoins now must be the same as that of the the dollars that once were in Al Capone's bank account: none at all...)
I don't remember it ever being considered that seriously. Far more important was the point that the U.S. Govt was selling them at all. That for the first time the powers were de facto admitting bitcoins' legitimate right to exist, as it were. Illegitimate spoils of busts - the drugs themselves for example - aren't auctioned, but destroyed. The beauty of fungibility then extended that 'blessing' to all bitcoins. The us government will sell anything under the Rico act. The only reason they dont sell drugs confiscated is because it is illegal as written in the laws. They auction real estate. Personal belongings. Jewelry. Bullion. Alcohol. Anything that is not illegal to possess. |
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dsly
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February 16, 2015, 10:07:59 PM |
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coinableS
Legendary
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Activity: 1442
Merit: 1179
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February 16, 2015, 10:10:05 PM |
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they reportedly have a major US bank on board, though they have not publicly announced which one Citibank |
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gotmilk_
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February 16, 2015, 10:11:47 PM |
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I didn't post it because of news I just found it interesting. Those two are more and more in media lately there should be some news about Gemini and ETF soon  |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 16, 2015, 10:14:17 PM |
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just done something really stupid  Got an email from support@localbitcoin.com saying my account had been flagged for fraudulent activity. checked my account and nothing, opened up electru grabbed an address and then send my funds to the wallet. incoming transaction. check the support desk no ticket. check back at email and obviously the link contains a hidden phishing address, phew close call but all is safe. Go to electrum to send my funds back over to LBTC, need them to have online adverts active, upon entering the password all i get is invalid. Turns out i sent them to a wallet that was generated on the 6th of December on my run around laptop and i don't appear to know the password at the moment  tried several combinations but nope..... must have been feeling smart that day and NO i did not right down the seed as i was actually generating the wallet whilst giving my friend a step by step run down on how to setup electrum, why i didn't follow my own instructions of remembering password and keeping a copy of the seed safe i will probably never live down  who's the local brute force expert? is this the wrong subsection or something but not even noobs want to help  https://bitcointalk.org/index.php?topic=958012.msg10483136#msg10483136I see you are working hard to solve the problem. My brother is like that. He buys the same gear as I have so he won't have to read the manual. |
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coinableS
Legendary
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Activity: 1442
Merit: 1179
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February 16, 2015, 10:15:47 PM |
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I didn't post it because of news I just found it interesting. Those two are more and more in media lately there should be some news about Gemini and ETF soon Looks like the article was written today. I haven't read this particular interview yet, thanks for posting. |
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samsonn25
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February 16, 2015, 10:26:57 PM |
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"Artificial commodity and artificial scarcity" was an interesting phrasing. |
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octaft
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February 16, 2015, 10:30:27 PM |
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lowbrow...idiots...lazy and stupid...
A regular libertarian charmer, this one.  |
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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February 16, 2015, 10:33:43 PM |
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"We take more of a five to 10 year view, so we're just not focused on the near-term price movements, day-to-day, or hour-to-hour, or week-to-week." LMFAO at these bagholders! In the next article, aka post tanking to sub $200 you will see them talking about 30-40 year views. GTFO with these 2 pathetic scum leeches. |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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February 16, 2015, 10:34:51 PM |
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Always talking down people that try to create some value. Very mature.
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BldSwtTrs
Legendary
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Activity: 861
Merit: 1010
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February 16, 2015, 10:37:49 PM |
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Tonight I have met a Danish guy who explained me in Denmark everybody uses MobilePay which is basically like Bitcoin but easier to use. We are doomed.
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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February 16, 2015, 10:39:18 PM |
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Tonight I have met a Danish guy who explained me in Denmark everybody use MobilePay which is basically Bitcoin but easy to use. We are doomed.
Bitcoin still cuts it in countries with third world banking systems like Sudan and the USA. For someone from the EU, US banking is a creaking disgrace. |
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calme
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February 16, 2015, 10:40:52 PM |
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Well, if it does go to zero, I'm buying everything.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 16, 2015, 10:42:29 PM |
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Tonight I have met a Danish guy who explained me in Denmark everybody uses MobilePay which is basically like Bitcoin but easier to use. We are doomed.
.... It is an app from one (1) danish bank that is connected to your credit card. I think we're safe. |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 16, 2015, 10:43:07 PM |
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Well, if it does go to zero, I'm buying everything.
Me too, so I guess it won't. |
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12345mm
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February 16, 2015, 10:46:45 PM |
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The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...
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GreekGeek
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February 16, 2015, 10:50:32 PM |
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Citibank
how do you know this? |
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tarmi
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Activity: 1218
Merit: 1010
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February 16, 2015, 10:59:35 PM |
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omg, that is huge.
should I buy?
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2015, 10:59:39 PM |
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