Nope, I will pay in bitcoins. I fully intend to pay in bitcoins (which I have set aside), regardless of the value, but reserve the right to pay in cash in case something happens to mine AND they become ridiculously expensive. I would pay $500/coin to buy them back in the case you describe. I would not pay $10,000/coin, however, if my 10 were stolen. Just protecting myself and my family from a crazy event.
Might I suggest transferring the 10 btc to a custom wallet with a single address in it, encrypting the wallet and simply putting it online for everyone to see/download. The winner gets the password to the wallet.
Fair enough, just thought I'd ask. :) I can't even view the site properly because of my work proxy, but I'm interested in taking a look later and perhaps participating.
