Bye Bye Bitcoin | Uncommon Wisdom Daily

Whoops
Retrieved by Pat Darnell  |  Apr 13, 2013  |  Bryan TX

Out there is a strange world. Cyber wars are wreaking havoc on certain investments. MooPig Finance and Witchcraft Department has been posting blurbs about the BITCOIN phenom HERE and HERE.

Do you trust paper money and Ben Bernanke's ability to manage it? If you don't, and all your friends don't, then your price for paper money goes up, or like the experts say, it gets more scarce.

We are not Bitcoin experts, and certainly not investment wizards here at MooPig enterprises. But these guys advertise that they are:

Bye Bye Bitcoin | Uncommon Wisdom Daily: "When was the last time you saw an equity, ETF or currency drop more than 75% in one day, only to have trading halted to allow the market to “cool down” … If I asked you that question yesterday, your answer should have been “never.” That all changed, however, when the infamous electronic currency Bitcoin made history. In the aftermath of the Cyprus bailout debacle, interest in this alternative currency skyrocketed, sending the price parabolic and pushing Bitcoin to an all-time high of $266 just yesterday."

'via Blog this'

UPDATE
Whatever the case against bitcoin as an alternative currency, there’s one country where people probably won’t need much persuading to join the craze. Here’s why China could drive a further bit-boom:

1. They’ve already done the whole virtual currency thing—with Q Coin. (Gwynn Guilford — April 13, 2013. HERE)



_________________________Reference
http://www.uncommonwisdomdaily.com/bitcoin-makes-history-we-hope-you-followed-our-advice-16022?FIELD9
http://moopigwisdom.blogspot.com/2013/03/bitcoin-can-virtual-currency-do-away.html
http://moopigwisdom.blogspot.com/2011/08/bbc-news-bitcoin-can-virtual-currency.html
http://bitcoincharts.com/
http://qz.com/74137/six-reasons-why-chinese-people-will-drive-the-next-bull-market-in-bitcoin/