Bitcoin went over 1K this week as predicted in
this Forbes article featuring discussion on Bitcoin value and includes U.S. Senate testimony from "Fed Reserve Chairman Bernanke who sent a letter to the Senate noting
'Bitcoin may hold long-term promise...if the innovations promote a faster, more secure and more efficient payment system' while reps from the DOJ, Treasury and Secret Service warned (against) the use of virtual currencies."
Related article
here from Forbes on 11/27/13: Cryptolocker Thieves Likely Making 'Millions' As Bitcoin Breaks $1,000
"Meanwhile the value of Bitcoin has more than tripled since mid-September, when Cryptolocker was first detected, reaching an all-time high of $1,070 on Wednesday. That means the perps behind Cryptolocker will see the value of their collected ransoms get a boost too.
(Uttang) Dawda says that tens of thousands computers have been affected and that the perpetrators, who appear to be in Russia based on domain name tracing, are likely bringing in millions of dollars in ransom payments. Their costs won’t be high assuming they have rented a botnet, a network of hundreds or thousands infected zombie computers, to spam e-mail addresses with dubious links. Mass spamming means they’ve already hit some unwise targets: last week a police department in Massachusetts admitted to paying a ransom to Cryptolocker in Bitcoin."
My note: Found these stories today on Bitcoin which is predicted to go much higher, according to reports. Hopefully our new Fed Reserve Chairman will be OK, but I am already having big doubts about her.
Interesting the reports also note the assumption that the perpetrators of Cryptolocker have rented a botnet for spamming and are possibly based in Russia based on domain name tracing.
I have no idea, would like to hear everyone's thoughts.
Edit: was not sure whether to post this here or in the other News topic here on Bitcoin prices..thx!
Edited by Stolen, 30 November 2013 - 02:39 PM.
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