Since it's a big volume, picking one particular exchange would disturb the price of Bitcoin temporarily. That's why they decided to auction them instead. They could have sold it to the market, but to be wise the would should to sell like 10 BTC per hours unless they willing to go into [bigger] Chinese exchanges... The beauty of bitcoin is that you don't need clearing house, exchange or bank. You can trade them directly.

Get this man to the VA stat!

If we displace tornadoes from their natural habitat, where will they go? One can only assume that being pinched between the Rockies and the Great Tornado Wall of America, they'll have no choice but to migrate into Canada where they'll be too polite to destroy anything. "Good Morning! eh!... I was wondering if it would be alright if I displaced your mobile home a few feet... no damage or anything, and I'll be gone before you're home from work. P.S. I left a 6 pack for your trouble."

Sometimes I forget that Slashdot is considered a "liberal" site...

Yeah soon you won't be able to go on the internet!

There's a difference between "steak sedition" and actual defamantion of a beef provider.

I say MAN STEAK! MOOOOOOOOOOOOOO!!!!! Mad Human Disease is here!!!!!!!!!

Monopoly money can be print a zillion time, making it a bad choice. Bitcoin is limited and controlled... that's why it can be used as a currency. Before saying anything stupid, read how the blockchain, proof or works and distributed decentralized consensus works in Bitcoin and you will understand why it's a great invention.

Kagaroos with back pockets for their cell phones !

Can I get some flame war butter for my fan boy popcorn please.

Just playing devil's advocate here, but if there is so little CO2 in the atmosphere and changing it's level can change how the atmosphere affects us, isn't that basically showing how delicate our environment can be?

So basically we're back to the arcade.. only in your living room..

The second your backed by something, there is an authority. Gold? Who own/store the gold, what if the gold get stolen or seize? Backed by stocks? Who own the stocks, on what market? What about stock owning regulation? No! The idea is to having something you can trade without the paperwork, anywhere to anywhere for anything, from a phone instantly & borderless. If you like a backed currency, try your own and let the Bitcoin experient goes... time will tell!