Congratulations on your massive profit, and thank you for stimulating the Bitcoin economy! However, I think that you will eventually regret this decision.
Hehe. How do you know I made a massive profit. I could have bought it just hours ago. ;)
You're correct though, I got mine for $100 dollars a little while back. I may regret it but $700 is not to be sniffed at. I feel that although it may go up massively it could of course go down too. The economy is just too unstable for me at the moment.
Where did you sell it?
It's an IRC channel called #bitcoin-otc-uk (they have ones for the usa etc too).
I just talked to people and found someone who wanted to buy. They have a little rating system and someone who was online said they'd dealt with them before. So that was good enough for me as they had good reviews and seemed trustworthy. I then transfered the bitcoins and they sent the money by bank transfer. (We made the transaction publicly in the chatroom so that there'd be others to record it.) It wasn't too bad. If you want to buy/sell some I'd recommend this.
Nice I got my first .XX BTC from the owner of colored coins. I can wait for the second senate hearing to go on here. I'll ask them for the US site.
Ah cool. When is the next senate hearing? I might consider buying my bitcoin back in case it goes up again for the hearing. :)
Not sure, but I'll be paying attention around the same time today. However, I'm tending to hold out until my father calls me asking about Bitcoin. By then it has gone mainstream.
Interesting. Seems ripe for a ripoff but I hope that works out for you. It would be nice to have some sort of reliable decentralized escrow.