The US Marshals Service has confirmed that only 11 bidders took part in their second Bitcoin auction for the currency seized from illegal online marketplace Silk Road.
In the first auction, 45 bidders took part in the auction, with a total of 63 bids. The latest auction may have reflected a lack of enthusiasm or an investor exhaustion, with only 27 total bids for the 50,000 coins with ... [ read the full article ]
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What a big risk to take for investing any shares in this. There is no way I'd exchange green cash for this "bitcoin" you can't see, touch, or smell....
Originally posted by doowop72: What a big risk to take for investing any shares in this. There is no way I'd exchange green cash for this "bitcoin" you can't see, touch, or smell....
In a day and age where most monetary transfers occur electronically via bank transfers and credit cards, most people don't see, touch or... smell most of the money they deal with anyway, whether it be bitcoins, dollars, euros, pesos or whatever. When it comes down to it, a currency's odor or lack thereof is actually far less important than how it's managed.
