Tim Draper to Do Press Conference about Winning Silk Road Auction 2pm PST

[ask]

http://www.followthecoin.com/tim-draper-press-conference-winning-silk-road-auction/

[Raystonn]

Gentlemen, start your engines...

[CEG5952]

Hmmm, sounds like a pretty good pump opportunity. Could take a little bit to get baked into the price, though. Do you think he will disclose the bid price? Can he?

[criptix]

fasten your seat belts... 

[PolarPoint]

Interesting! Is he going to tell everyone how much he paid for the 30,000 coins?  

I hope he will, but it doesn't matter anymore. We all know it is not low, above market rate at the time and he is not dumping them on the exchange.

[ElectricMucus]

omg this guy is a total whackjob

https://www.youtube.com/watch?v=QhcPcBxI-vI

[bananaControl]

Does anyone have another link where the stream actually works?

[derpinheimer]

http://pando.com/2014/07/02/awww-no-one-else-has-shown-up-to-tim-drapers-press-conference-about-his-bitcoin-win/

[twiifm]

omg this guy is a total whackjob

https://www.youtube.com/watch?v=QhcPcBxI-vI

6 Californias?  WTF??  

His firm invested & built the executive team of Angies List (ANGI).  One of the most notorious pump & dump on wall street.  LOL

Vaurum is a startup w 2 guys.  I bet his plan is to IPO and do a pump & dump

[ElectricMucus]

http://pando.com/2014/07/02/awww-no-one-else-has-shown-up-to-tim-drapers-press-conference-about-his-bitcoin-win/

unwarranted self importance also happens to affect billionaires.

[wachtwoord]

Can anyone summarize as this is the worst stream i have ever seen. Plays for 5 seconds and then blocked for a few minutes and then plays 5 seconds.

[criptix]

Bitcoin is safer then my (Fiat) money in my investment banks

lmao

[BitchicksHusband]

Bitcoin is safer then my (Fiat) money in my investment banks

lmao

"Safer" is perhaps the wrong word, but I would rather make 10x on my money every year than lose 3% (2.5% once I get interest from my bank).

[sgbett]

Can anyone summarize as this is the worst stream i have ever seen. Plays for 5 seconds and then blocked for a few minutes and then plays 5 seconds.

I joined late, he bigged up bitcoin then they went to questions. Currently talking about how to grow out bitcoin network

[Ibian]

Bitcoin is safer then my (Fiat) money in my investment banks

lmao

"Safer" is perhaps the wrong word, but I would rather make 10x on my money every year than lose 3% (2.5% once I get interest from my bank).

Cyprus. Also my local bank gives me exactly 0% interest. Used to be 0.0025% but they changed that. And they take a fee for letting me get my money out (except through the atm, thats still free).

[sgbett]

started on 3rd world money transfer audience. Building out local exchange/gateways.

[Spaceman_Spiff]

Can anyone summarize as this is the worst stream i have ever seen. Plays for 5 seconds and then blocked for a few minutes and then plays 5 seconds.

Same here.  I have to refresh every 10 seconds, not worth watching.  So far Draper didn't look knowledgeable to be honest.  Guess he just looks at the macroscale and depends on other people to figure out how bitcoin works.

[sgbett]

Next Q: "Bitcoin is unstable why would other countries adopt it"

[sgbett]

Draper: "Inflationary fiat vs deflationary bitcoin answer"

[sgbett]

Draper: "Anecdote about 2 iranians, who built business in Iran but left during a revolution, had to start over. Bitcoin allows people like that to avoid repercussions of revolutions. BTC is safer than fiat."

Draper Jr: "Instability of bitcoin is US centric view. Stability is relative. In other countries it could be considered more stable than local currency"