30 Jun '14, 11pm

"After Bitcoin Auction, Winning Bidders Remain Elusive" by SYDNEY EMBER via NYT

Since Friday, when the United States Marshals Service auctioned off nearly 30,000 Bitcoins, investors and Bitcoin enthusiasts alike have been eagerly awaiting the results. As the agency began notifying winning and losing participants late on Monday afternoon, many in the Bitcoin world were still trying to figure out who won and the what they paid. Some prominent bidders were left scratching their heads. “The U.S. government auction created a tremendous amount of new demand for Bitcoin,” said Dan Morehead, who bid through Pantera Bitcoin, largely considered a front-runner in the auction. “Most of the people we spoke to were new entrants to the Bitcoin market.” He added: “None of our bids were hit. I think it went at quite a high price.” Barry Silbert, who runs a Bitcoin investment fund through his firm SecondMarket, said on Twitter that his syndicate, which received 186 bid...

Full article: http://dealbook.nytimes.com/2014/06/30/after-bitcoin-auct...

Tweets

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news.vice.com 27 Jun '14, 8pm

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Tim Draper

Tim Draper

new.livestream.com 02 Jul '14, 7pm

Your browser doesn't have support for real-time updates. Please install flash or upgrade your browser. Draper University T...