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/

Bitcoin: Can a virtual currency do away with banks? PART TWO

FOFOA: Bitcoin Open Forum: "To summarize, this guy had 25,000 Bitcoins stolen from him around noon on Monday. At that time, Bitcoins were trading for around $20 each, so he lost almost $500,000 worth of Bitcoins! I'm just learning some of the technicalities of Bitcoins now, so please correct me in the comments if I get anything wrong. I imagine this will make for a lively discussion! It seems Bitcoins have been quite a trade recently, running from less than half a penny up to $30, back down to $10, and up again to $20. Here's the chart:"

  'via Blog this'

____________________________Reference
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum.html
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-2.html
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
http://fofoa.blogspot.com/2011/06/from-treasure-chest.html
http://news.bbc.co.uk/2/hi/programmes/click_online/9555513.stm
http://unqualified-reservations.blogspot.com/2011/04/on-monetary-restandardization.html
http://www.timesunion.com/business/press-releases/article/Jeff-Berwick-Announces-Opening-Of-First-Bitcoin-4381646.php
http://theweek.com/article/index/241760/cyprus-banking-crisis-is-good-news-for-bitcoin
http://www.guardian.co.uk/commentisfree/2013/mar/25/london-whale-link-us-economy-cyprus
http://www.secretsofthefed.com/is-bitcoin-the-new-safe-haven-currency-bitcoins-surge-after-cyprus-bank-raid/
http://moopigwisdom.blogspot.com/2011/08/bbc-news-bitcoin-can-virtual-currency.html

MooPig FWD Email :: I don't Need No Stinkin' Fiscal Cliff

Someone Check this Out and Get Back to Me...
Retrieved by Pat Darnell  |  Dec 31, 2012  |  Bryan TX

The Motley Fool
10:12 AM (6 hours ago)

to patdarnell
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_____________________________Reference
http://www.fool.com/m.aspx?i=39887991&u=715021273&src=iiispodft0000021

BBC News - Bitcoin: Can a virtual currency do away with banks?

Retrieved by Pat Darnell | August 8, 2011 | Bryan TX

[PHOTO LINK]
Listen to this Explanation HERE

Do you like playing games online? Well, you probably play for coins and that is the value you obtain, right? So, why not Bitcoin stashes for real.

BBC News - Bitcoin: Can a virtual currency do away with banks?: "Bitcoin is an electronic currency that can be traded directly on the internet, members don't even need to have a bank account."

Moldbug does a good job explaining this principle HERE:

" ... In any economy, there exists no less than one commodity or security of inelastic volume which is overvalued due to reservation demand. Ie: one scarce good which is money. ... "

_____________Reference
http://news.bbc.co.uk/2/hi/programmes/click_online/9555513.stm
http://unqualified-reservations.blogspot.com/2011/04/on-monetary-restandardization.html
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html

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BEDEBTSAVVY

Rule 1: Maintain a good credit rating

Your credit score can affect many aspects of your life. Whether you need a loan to buy a home or if you apply for a credit card, your score is used to judge your reliability and risk. Your credit score helps determine the terms of your loans and if you'll even be approved.

The pros to having a good credit score
A good credit score means lower interest rates. It shows you have a responsible credit history and that you are a low-risk borrower who is less likely to default on your loans. So when you apply for a mortgage or auto loan, a lower interest rate could save you hundreds, if not thousands, of dollars in interest costs.

A good credit score also allows you to be more selective when choosing your lender. The better your score, the more leverage you may have in getting good terms on your loans. Shop around: Having lenders compete against each other can mean you get a more competitive interest rate and ensures that you know that you explored a wide range of lenders before you committed to one.

The cons to having a poor credit score
Lenders use your credit score to judge how likely you are to repay a loan. A poor credit score may mean your loan application is rejected. But that's just the start.

Your credit score is not only checked by lenders — it can be used when you make other financial arrangements, such as renting an apartment or signing up for utilities. In cities where rental companies can be selective about tenants, a bad credit history can make you an unappealing candidate. Bad credit can get you denied for basic services, such as electricity or a cell phone, if your credit report shows that you tend to pay late.

A poor credit score can even cost you a job! Prospective employers may check your credit rating to judge your degree of responsibility.

Many lenders charge different interest rates, depending on the applicant's credit score, so even though you might get approved with a so-so credit score, you may pay a higher interest rate than someone with a better credit score.

Get more valuable information on ways to maintain your credit score

Rule 2: Borrow only what you can afford

The concept is simple. Don't borrow more than you need. But how can you know how much is "too much"? Your debt-to-income ratio is the comparison between what you owe and what you earn (every month), and it's a key number lenders use to determine your capacity to borrow additional funds. It's usually a principal component in determining whether a loan application is approved.

Learn more about debt-to-income ratio

Being responsible with your credit and your finances -- saves money. Stay tuned for more credit management rules in our next newsletter. NOT!!

Take one Down; Wear it around

I Have Shoes that cost as much as your Bail Money



Roots and Boots
by Pat Darnell

I have
eighty-four shoes
that's 42 pair
and it is all there..

Let's see
Adidas, Rockport
Asics and Florsheims
Reeboks, Puma and
Converse high tops

with forty-two pair
of Thorlo Socks
for my Duck loafers
plus 42 pair of Gold Toe
Knee high sock stock
to defend my turf
in shoes called Earth

Rodeo Clown Brown
Primo Steel toe
Dingo work Boots
Tony Lama Lizard skin
o'Possum skin, rattler
and armadillo too --
and a pair of black ping
Doc Martens knock-offs

Sperry Get Wet's
Nunn Bush boaters
and Wejun Penny Loafers
Oh yes, Italian leather
Venturini Vera Gomma
for that monsoon weather
Sublime and for comfort
Mostly brown, and black
also some Oxblood Clarks
make my dogs bark

I found safety in drama
during Hurricane flood
with Wellington Llamas
stashed between my
bed and cab hood
of my six-seater
Silverado Crew-cab Club
Pick'em up, lifted, 4XTruck --

Vans, Berluti,
Python Loafer Salvatore Ferragamo
BK, Industry, NB, Air
and those canvas beach wear
Neil Young had wore
A. Testoni, Norvegese
Barker Black with Ostrich Cap
Crockett and Jones, or
Ed Green's Dover Split Toe
...thongs, flip-flops, sandals,
Dutch wooden clogs galore,
New and Lingwood
Russian Calf Shoes
picked up duty free
on the Bahama,
...Freeport

Dear departed, Uncle Eddie's
French Leather
handmade riding boots
for Aggie recruits
in Army Suit, maybe
someday for my
girl and boy


But up on the shelf
to remind myself --

...my humble beginnings
when my ware
was Stride Rights,
Buster Browns and
Dad's old wing-tip sole
of my second hand roots...

-- are retread radial rubber
premium brand
for walking desert sand
from Cousin Chris
hand-me-down pair
of rare brand
leather and bronze
Genuine Jesus boots...

[New Laws of Casual; HERE]

Ahhhhhhh Shoe.... "Guzenheit, Pilgrim"

MooPig Fashion Department asks its Readers: Did you organize your closet yet for November '09?

Here are suggestions of various blogs throughout, for what to keep and what to THROW !
by Pat Darnell and the Hoofers

Only your feet know for sure!















Plymouth Rock was difficult to navigate with these gold pumps...

Keep ~ Throw! Dilemma or Reaction?
















‘opinions please’ friday: sexy flats from hollywould
September 28, 2007
The Shoe Dish :: so pretty you want to pet them
[HERE]
We are seriously loving on Hollywould right now. The fall shoe collection kicks some serious shoe ass and we find ourselves with an interesting dilemma. How will shoedish afford the entire line? Yikes!! This could pose a potentially fatal fight with our frugality. We’re lovin’ on the snakeskin, we’re lovin’ on the patina shine, and we’re lovin’ lovin’ the oversized pilgrim buckle that adorns the vamp of these sexy d’orsay flats. When is the last time you called a flat sexy? Yum! Would you wear these snakeskin d’orsay flats? Holly would. Opinions?

And Now for Something Completely Different

Beating the Pavement Chalk Dreams?
All the plain Political parlay of Palin and the others getting to be too much? Too much talk about recession? Well, it is at MooPig Headquarters.... let's take a well deserved break from it.

Today, here is some more sidewalk artistry for your cogitation, and consideration. We do not know who the sidewalk artist is -- these photos keep coming into MooPig email... here is the latest lot.

the artist could be one of these or all:

Kurt Wenner HERE
-- or --
Julian Beever HERE
-- or --
Half Bakery just add Oughta' HERE
-- or --
youTube Time Lapse J. Beever HERE
-- or --
Ulla Taylor HERE
-- or --
If you're new HERE, you may want to subscribe to the RSS feed and see core content on culture jamming, urban exploration, unusual furniture, green design, themed hotels and wonders of the world.


Maybe we could provide Public Works jobs for all these out of work stock brokers. They appear to have slurped up a bowl of Depresso Soup..

"Tell them they can keep their hats on."