tag:blogger.com,1999:blog-2949151804634268229.post5067748187398112185..comments2024-03-09T05:16:17.049-05:00Comments on Catharsis Ours: Bitcoin news for January 2 , 2014 ! 56% of Bitcoiners Believe the Bitcoin Price Will Reach $10,000 in 2014 ...... Bitcoin makes further moves into main stream commerce ....... Paypal planning competition by way of " Virtual Tokens " , as per Ebay patent proposal ........ Lebanon Central Bank the latest issuing Bitcoin warnings........Singapore and Bitcoin - a discussion from guest poster at Zero Hedge Keith Hilden ! Anonymoushttp://www.blogger.com/profile/03619882970573749720noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2949151804634268229.post-49532272414486999282014-01-03T06:37:13.156-05:002014-01-03T06:37:13.156-05:00Venezuela leadership is caught in prisoner's d...Venezuela leadership is caught in prisoner's dilemma - in order to fight rising prices , they have turned to confiscation and punitive actions against businesses to artificially keep prices lower than otherwise would be ( the campaign against retailers not that long ago resulted in essentially government mandated looting by forcing extremely low prices imposed on sellers of TVs and major appliances .) Of course , the question of what happens to those businesses who were basically looted and paradoxically were expected to restock stores was not considered , nor was the question of the exploding currency of Venezuela which had a large role in prices rising in the first place. No a 1 share for 1000 share stock split seems par for the course , which will run off a cliff shortly. <br /><br />Bitcoin has possibilities - just think that it remains one major scandal away from repression . and that assumes banksters like JP Morgan or tech giants like Paypal ( as part of Ebay ) don't steal the business ! <br /><br />Still snowing up here , supposed to continue until early afternoon I understand..... Happy , happy .... joy , joy ! Anonymoushttps://www.blogger.com/profile/03619882970573749720noreply@blogger.comtag:blogger.com,1999:blog-2949151804634268229.post-42120039788415885372014-01-03T05:54:04.923-05:002014-01-03T05:54:04.923-05:00Good morning,
I haven't followed Venezuela...Good morning,<br /><br />I haven't followed Venezuela's decline, I'm guessing that it really got ramped up after Chavez. He was too socialistic for me but I do think that Chavez was trying to do well by his people. Of course "the road to hell..." but even just good intentions is such a rare thing in a government these days, for example Turkey.<br /><br />I have to admit that I think Bitcoin has the possibility of going really high (in fiat) or could go to zero if it is broken. I think "avoiding confiscation" will be the main driver, after all everyone can see how governments operate now. There are of course many things that can be bought to avoid theft by government.Kevhttps://www.blogger.com/profile/01837094891432327670noreply@blogger.com