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Bitcoin Forum > Other > Off-topic > JUDGE STOPS AUCTION OF BITCOINS.com 5M USD APPRAISAL
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banque (OP)
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July 24, 2014, 09:06:22 PM
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http://1bitcoins.org/news/bitcoins-com-auction-stopped-by-court-order/

Articles has Bitcoins.com pegged at 5M to 50M

NICE

Plus it has the best explanation of Domain Name Fraction valuation I ever read.

EXCELLENT bitcoin and domain name info.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Lauda
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July 24, 2014, 09:14:05 PM
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The article is way too long for a simple story such as this, and it's getting quite late..


So why was it stopped? I'm quite surprised by the value of the domain.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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July 24, 2014, 09:28:46 PM
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Quote from: LaudaM on July 24, 2014, 09:14:05 PM
The article is way too long for a simple story such as this, and it's getting quite late..


So why was it stopped? I'm quite surprised by the value of the domain.

Probably it was stopped because owner had huge debt and there is  a possibility that he will get away with cash from that transaction.
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July 24, 2014, 09:43:51 PM
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Wouldn't this have to be auctioned by trustees of the bankruptcy court?
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