Bitcoins soar as US Government warms to anonymous funny-munny
http://www.bbc.co.uk/news/technology-24986264
The value of virtual currency Bitcoin has soared to over $900 (£559), after a US Senate committee hearing.
The committee was told that virtual currencies were a "legitimate financial service" with the same benefits and risks as other online payment systems.
The Homeland Security and Governmental Affairs Committee is exploring the "promises and risks" of Bitcoin for "government and society at large".
The currency has more than trebled in value since October.
http://www.bbc.co.uk/news/technology-24986264
The value of virtual currency Bitcoin has soared to over $900 (£559), after a US Senate committee hearing.
The committee was told that virtual currencies were a "legitimate financial service" with the same benefits and risks as other online payment systems.
The Homeland Security and Governmental Affairs Committee is exploring the "promises and risks" of Bitcoin for "government and society at large".
The currency has more than trebled in value since October.
Damnit eek u beat me to it lol ... Crazy action (now 600 after hitting high of 900) but trend continues up ... Bitcoins are scarce ... will never be anymore created unlike fiat funny money ... Only thing is competitors but if u the first in you got a big advantage as it takes a long time to build infrastructure/acceptance of a currency...
ATM regulations lax in Canada and someone started up a Bitcoin ATM machine
http://gigaom.com/2013/11/07/first-...ions-in-first-8-days-now-comes-the-hard-part/
ATM regulations lax in Canada and someone started up a Bitcoin ATM machine
http://gigaom.com/2013/11/07/first-...ions-in-first-8-days-now-comes-the-hard-part/
yeah listened to her testimony yesterday shes more insane than Ben ... Middle class in this country is completely toast...
This bubble will blow eventually but who know how high till we get there ... The real fun starts once we hit recession while in QE infinity ... No ammo to prop it up anymore
A Newport man has been searching a landfill site in south Wales hoping to find a computer hard drive he threw away which is now worth over £4m.
James Howells's hard drive contains 7,500 bitcoins - which is a virtual form of currency for use online.
http://www.bbc.co.uk/news/uk-wales-south-east-wales-25134289
James Howells's hard drive contains 7,500 bitcoins - which is a virtual form of currency for use online.
http://www.bbc.co.uk/news/uk-wales-south-east-wales-25134289
middle america left behind long ago all that left is the facade of wall street digits ... where the big boys fluff numbers taking on low interest rate debt to buy back stock ... cut costs fire people ... up Divys as their revenues/real organic growth is nil ...
party ends eventually ... QE just allows unsustainable economic practices to last a bit longer
party ends eventually ... QE just allows unsustainable economic practices to last a bit longer
Cold spell/natty gas spike gonna hurt too ... Consumer heating bill, companies energy input costs etc... Over 5 bucks now... Lot of production shut down last few years as some operators can't hack it at 3-4 dollars .... Last week saw record stock withdrawal rates.... Shocked it took this long to get above 5... Where global warming when u need it
