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Thread: Winning Auction Bids ($735 Average)

  1. #1

    Default Winning Auction Bids ($735 Average)

    People paid way over current spot. Not 100% confirmed yet...




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  3. #2

    Default

    And none of these guys got it.

    All 30K of coins went to one bidder. Wow.

  4. #3

    Default

    NEW YORK (Reuters) - Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to an e-mailed statement sent to Reuters.

    "With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies," Draper said in the statement.

    The statement was issued by Vaurum, a Palo Alto-based company that facilitates over-the-counter bitcoin trading for financial institutions and high-net-worth traders, of which Draper is a major backer.

    "Of course, no one is totally secure in holding their own country's currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies."

    Vaurum chief executive officer Avish Bhama said Draper will partner with Vaurum to provide bitcoin liquidity in emerging markets.

    On Tuesday, the U.S. Marshal's Service announced that there was only one winner of the auction. It auctioned off bitcoin seized from
    http://www.chicagotribune.com/busine...,4038036.story

  5. #4

    Default

    We have a new investor into Bitcoin startups.

    Imagine how many investors there will be pumping back into the infrastructure after the next paradigm shift?

    Anyone familiar with Metcalfe's Law?
    http://en.wikipedia.org/wiki/Metcalfe%27s_law

    Don't get left behind.






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