What happened? (summary)

[walkingbean]

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

[1715117246]

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[1715117246]

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[1715117246]

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[abacus]

TL;DR?

Bitcoin is still here.
Bitcoin is here to stay (it seems).

[CodyAlfaridzi]

US Marshals auctioned more than 30,000 BTC seized Silk Road. One bidder gets all ~30.000 BTC
He is Tim Draper.
http://www.theguardian.com/technology/2014/jul/04/tim-draper-bitcoin-auction-sillicon-valley-california

[walkingbean]

US Marshals auctioned more than 30,000 BTC seized Silk Road. One bidder gets all ~30.000 BTC
He is Tim Draper.
http://www.theguardian.com/technology/2014/jul/04/tim-draper-bitcoin-auction-sillicon-valley-california

Holy freaking crap!

30kBTC!

Flip I'm gonna go find out more on this!

[BitCoinDream]

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

How about checking the coindesk & cointelegraph's last few month's titles ?

[walkingbean]

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

How about checking the coindesk & cointelegraph's last few month's titles ?

I am looking around yes  but thanks

[kerafym]

Just continue reading this forum will keep you updated.

[gangplankk]

You didnt really miss out much, besides BFL buying some website called buttcoin to change 2 articles effecting their sales.

One of them is the infamous article on their 500gh/s machine being a piece of shit and they changed it to beautiful sexy machine etc.

http://www.reddit.com/r/Buttcoin/comments/2adssm/buttcoin_foundation_rocked_as_founder_exposed_to/

Trying to improve their reputation.

[Wusolini]

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

check http://historyofbitcoin.org headlines are not tl;

[yunkie]

Bitcoin to 2K this XMAS

[Wonka]

I don't think much has happened to be honest. Pretty stagnant but always floating on. The big news today seems to be Dell accepting bitcoins.

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

How about checking the coindesk & cointelegraph's last few month's titles ?

I was going to sugggest this.

[KimNam]

from when you away from bitcoin world?
- chinese central bank banned bitcoin (again)
- some big companies accept bitcoin payment (DISH network, Expedia, Newegg and others)
- US Marshals auctioned 30K BTC from silk road seized coin
- Bitcoin difficulty rise like crazy in past months
- Many scamcoin pop out everyday (altcoin) 

[walkingbean]

from when you away from bitcoin world?
- chinese central bank banned bitcoin (again)
- some big companies accept bitcoin payment (DISH network, Expedia, Newegg and others)
- US Marshals auctioned 30K BTC from silk road seized coin
- Bitcoin difficulty rise like crazy in past months
- Many scamcoin pop out everyday (altcoin) 

I see sooo many new altcoins  It's kind of ridiculous

[KimNam]

from when you away from bitcoin world?
- chinese central bank banned bitcoin (again)
- some big companies accept bitcoin payment (DISH network, Expedia, Newegg and others)
- US Marshals auctioned 30K BTC from silk road seized coin
- Bitcoin difficulty rise like crazy in past months
- Many scamcoin pop out everyday (altcoin)  

I see sooo many new altcoins   It's kind of ridiculous

not a surprise thing
this is open source world, everyone (with programming knowledge) can make their own coin. but only best and innovative coin will last and worth to buy
but kinda ridiculous to see this sub section : https://bitcointalk.org/index.php?board=159.0

[RedDiamond]

TL;DR?

Too long, didn't read

[rohnearner]

Last few months..
Adoption: Dish network, Newegg , Expedia and just couple of hours ago Dell started accepting BTC
US Marshall auctioned 30k btc won by VC Tim Draper

[abacus]

TL;DR?

Too long, didn't read

Sure, but I was just reporting the OP's question as an introduction of my answer.

I see sooo many new altcoins  It's kind of ridiculous

but kinda ridiculous to see this sub section : https://bitcointalk.org/index.php?board=159.0

That sub-section is incredible: in some moments of the day there are the first 10/11 pages full of awesome threads (LOL) with almost a post done in the current day.
That does mean about (11x40)...

440 threads updated daily!

[Brewins]

-MT Gox collapsed and users still not paid back for the coins on that exchange
-China adopted a dubious attitude towards bitcoin, making many people think they would ban in some extension bitcoin, thus driving the prices low.
-Rumors about the identity of Satoshi(again)
-MIT supporting bitcoin(and others good new I forget, do a research)
-Part of silk road coins audicted and sold.

[DrG]

Inigo: Let Me Explain.  No, there is too much. Let me sum up. Buttercup is marry Humperdinck in little less than half an hour. So all we have to do is get in, break up the wedding, steal the princess, make our escape... after I kill Count Rugen.

-SR seized 30K coins went up for auction and were bought by VC Tim Draper (same guy who wants to 6 way split CA)
-GHash.IO has hit 51% again and said initially they were doing all they could to stop it  and are now saying they will cut off users at 40%
-Hashfast went belly up. BFL still lives and still hasn't shipped it's Monarch (no surprises there)
-China has banned Bitcoin for some of its citizens for the 118th time.
-Dish, Newegg, Expedia and most recently Dell now allow buying items with Bitcoin middleman like Bitpay.
-Proposed NY law would essentially make pool mining in the US illegal (via ridiculously cumbersome red tape) http://arstechnica.com/tech-policy/2014/07/new-york-state-proposes-sweeping-bitcoin-regulations-and-theyre-strict/
-Conversely CA reversed its position on digital currency and states that Bitcoin is legal to use.
-Litecoin has been declared dead for the 8th time and of course recovers while all the other alts take a hit it he pants sans one
-Bitcoin on its way to being documented by Guinness as the world's most powerful network to date.

[polynesia]

I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr? 

Your bitcoin stash just went up by 25% in USD terms.