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<title>The-looser-it-s-me / odumgle</title>
<link>https://the-looser-it-s-me.net</link>
<description>Superblogging</description>
<pubDate>Wed, 17 Aug 2011 23:00:29 -0400</pubDate>
<language>en</language>
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<title><![CDATA[Dynamic Wealth Management Headlines: Geneva – the Peace Capital of Europe ]]></title>
<link>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-geneva--the-peace-capital-of-europe-1</link>
<comments>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-geneva--the-peace-capital-of-europe-1</comments>
<pubDate>Wed, 17 Aug 2011 22:00:29 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-geneva--the-peace-capital-of-europe-1</guid>
<description><![CDATA[<br />Geneva is the second-most-populous city in Switzerland after Zürich and is the most populous city of  the French-speaking part of the country. The city is divided by the River Rhone into the rive gauche and rive droite. The rive gauche holds most of the sights with visitor interest.<br /><br />The city is situated on the banks of the Lake Leman and looks onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside.<br /><br />Geneva is a global city, an important financial centre and a worldwide centre for diplomacy. Many of the agencies of the United Nations and the Red Cross have their headquarter in Geneva.<br /><br />Geneva has been described as the third European financial centre after London and Zurich and the world's eighth most important financial centre by the Global Financial Centres Index.<br /><br />The Peace Capital, as it was named, is a cultural destination with over 30 museums, theaters, galleries, and even an opera house. The visitors have the opportunity to join into the world-famous skiing and numerous golf clubs in and around the Lake Geneva Region.<br /><br />The city's proximity to France and Italy add to its appeal for travelers trying to make the most of their European vacation.<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Dynamic Wealth Management Headlines:Dynamic Wealth Management Zurich News Updates, Collection of the most recent news ar]]></title>
<link>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-dynamic-wealth-management-zurich-news-updates-collection-of-the-most-recent-news-ar-1</link>
<comments>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-dynamic-wealth-management-zurich-news-updates-collection-of-the-most-recent-news-ar-1</comments>
<pubDate>Wed, 17 Aug 2011 21:54:54 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-dynamic-wealth-management-zurich-news-updates-collection-of-the-most-recent-news-ar-1</guid>
<description><![CDATA[<br />SAN FRANCISCO, May 27 (Xinhua) - Google on Friday said it will defend itself against allegations by PayPal that the Internet search giant and two of its executives stole trade secrets to develop its mobile payment system.<br /><br />PayPal's lawsuit came on Thursday, hours after Google announced its mobile payment system Google Wallet and laid out plans to bring together all parts of retail experience on smartphones.<br /><br />"We respect trade secrets and will defend ourselves against these claims,” said Google in a statement sent to media here.<br /><br />The two executives named in the PayPal lawsuit are Osama Bedier and Stephanie Tilenius, two ex-PayPal executives who now directly oversee Google's mobile payment initiative. Both were on stage in Thursday's introduction event held in New York.<br /><br />PayPal said Bedier, who left the company in January, discussed a job with Google while simultaneously leading negotiations to make PayPal a payment option on Google's Android-based smartphones.<br /><br />Bedier is alleged to have transferred the information about PayPal's mobile payment strategy to his computer before leaving the company.<br /><br />Tilenius, who left eBay, PayPal's mother company in 2009, was under contract not to recruit PayPal employees. She is alleged to give advices to Bedier on a Google offering through Facebook messages, e-mails and text messages.<br /><br />"Silicon Valley was built on the ability of individuals to use their knowledge and expertise to seek better employment opportunities, an idea recognized by both California law and public policy,” said Google in the statement.<br /><br />Google on Thursday introduced its mobile payment system Google Wallet, bundled with its coupon service Google Offers. The two services will allow consumers with Android smartphones to make payments or receive coupons and offers by waving the device in front of a special reader at the checkout counter.<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Dynamic Wealth Management Headlines: Zurich Steps Closer to Entering Latin America Market ]]></title>
<link>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-zurich-steps-closer-to-entering-latin-america-market-1</link>
<comments>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-zurich-steps-closer-to-entering-latin-america-market-1</comments>
<pubDate>Wed, 17 Aug 2011 21:48:11 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-zurich-steps-closer-to-entering-latin-america-market-1</guid>
<description><![CDATA[<br />Zurich Financial Services Group says it has signed a definitive agreement with Banco Santander SA to buy a majority interest in the bank's Latin America insurance operations.<br /><br />The Zurich, Switzerland-based insurer says the agreement is "materially unchanged from what was announced” on Feb. 22.<br /><br />The carrier went on to say that it and Madrid, Spain-based Banco Santander expect the transaction to be completed before the end of this year.<br /><br />Earlier this year, Zurich announced it signed a 25-year distribution agreement with Banco Santander where it would acquire 51 percent of the bank's insurance business in Latin America and Santander would keep the remaining 49 percent.<br /><br />Zurich will pay Santander $1.67 billion in a combination cash and financed deal for its book of business.<br /><br />The insurer will have access to 5,600 bank branches and an additional 36 million customers in five South American countries.<br /><br />Thirty percent of the business is general insurance, primarily homeowners insurance, and the bulk of the rest is in life products.<br /><br />In 2010, Santander's Latin American insurance operations delivered a net profit of $328 million.<br /><br />Zurich says the deal would make the company the 6th largest non-life insurer in the region, increasing its market share in the region to 3 percent. Once complete, Zurich becomes the 3rd largest life insurer in the region and the 4th largest insurer overall in Latin America.<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Brightbridge Wealth Management Headlines: Zurich streets among Europe’s most congested ]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-zurich-streets-among-europe-s-most-congested-3</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-zurich-streets-among-europe-s-most-congested-3</comments>
<pubDate>Tue, 16 Aug 2011 04:11:16 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-zurich-streets-among-europe-s-most-congested-3</guid>
<description><![CDATA[<br />http://www.swissinfo.ch/eng/swiss_news/Zurich_streets_among_Europe_s_most_congested.html?cid=30634398<br />Everyone needs to learn to share the streets <br />Zurich car drivers spend more time stuck in traffic jams than in most other European cities, but the city is unrepentant about its pedestrian friendly policy.<br />A recent survey has revealed that more than a quarter of roads in Switzerland's main business conglomeration are clogged, putting Zurich in 16th place in the list of most congested cities.<br />The survey by Dutch navigation system maker TomTom comes days after a critical report in the New York Times accusing Zurich of "working overtime in recent years to torment drivers”.<br />The article reports that traffic lights are programmed to favour trams while pedestrian crossings have been moved from underground passages to street level.<br />The TomTom analysis found that daytime traffic on 27.4 per cent of Zurich city's streets was forced to travel less than 70 per cent as fast as during the night when roads are less busy.<br /><br />Angry pedestrians<br />Pio Marzolini from Zurich's civil engineering department told swissinfo.ch that the authorities had made a decision to share out the limited space in the city more equitably.<br />"Most cities put cars first, but in Zurich we give equal rights to pedestrians, cyclists and public transport,” he said.<br /><br /> "We do not want to create traffic jams, but tram users and pedestrians also get angry when they get delayed.”<br />Marzolini added that inhabitants of Zurich city supported the policy - unlike commuters - and that good public transport links had encouraged more people to relinquish their cars. In the last decade, the percentage of households without a car in the city has increased from 40 to 45 per cent.<br />"It is no good just telling people to give up their cars, we have to provide them with a good alternative too,” he said.<br />The policy is bound to please environmentalists who three years ago launched a campaign to reduce vehicle congestion in five of Switzerland's largest cities.<br />More bypasses needed<br />Zurich even toyed with the idea of introducing a congestion charge for vehicles driving in the city, but the city council shelved the project because it lacked enough political support.<br />However, motor vehicle associations are less than happy with the situation in Zurich. Reto Cavegn, director of the Touring Club of Switzerland's (TCS) Zurich chapter, told swissinfo.ch that, unlike for pedestrians and trams, the city had no clear policy for vehicle transport.<br />He argued that road congestion is critical throughout the canton of Zurich and not just in the city. Cavegn laid the blame on a lack of construction projects that could take traffic away from the city and other built up areas.<br />The Uetliberg tunnel was opened in 2009 to improve traffic access to central Switzerland from the south of Zurich. But Cavegn believes that there should be more such outlets and that existing bypasses, such as the notoriously congested Gubrist tunnel, should be upgraded.<br />"Nothing is being done for car drivers,” he told swissinfo.ch. "As long as vehicles lack clear routes away from the city then we will have too much traffic there.”<br />TCS estimates that traffic jams cost the canton of Zurich's economy SFr100 million ($118 million) a year as commuters are late for work or deliveries are delayed.<br />Intelligent traffic light<br />Dirk Helbing, a professor of sociology at Zurich's Federal Institute of Technology, claims to have the answer to all these problems. Together with colleagues at Dresden's University of Technology, Helbing has developed an intelligent traffic light system that he claims could reduce traffic waiting time by up to 30 per cent.<br />Using sensors and wireless technology, this system monitors the amount of vehicles on the roads and better coordinates traffic flow by having traffic lights "talk” to one another before changing from green to red.<br />This system would adapt to changes in traffic flow rather than the present rigid method of programming lights to change at fixed times according to the time of day.<br />"This is a more flexible approach that responds to actual traffic flow and provides better performance,” Helbing told swissinfo.ch. "It would not be very expensive to install because the wireless technology can be adapted to existing systems and does not require roads to be torn up.”<br />The system would also recognise buses and trams and be able to give them priority, Helbing added. Pedestrians and cyclists would also benefit by breaking traffic into smaller blocks, giving more space to others using the road or wishing to cross over, he said.<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[brightbridge wealth management zurich ]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-zurich-3</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-zurich-3</comments>
<pubDate>Tue, 16 Aug 2011 04:05:09 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-zurich-3</guid>
<description><![CDATA[Facebook Twitter<br />Brightbridge Wealth Management: For Mutual Fund Investments<br />http://www.brightbridgewm.com/mutual-funds.phpConsider a Brightbridge mutual fund account for investing beyond your normal investment strategies. You'll be able to invest in funds that fit your needs, no matter what you're striving for financially. Seventy-five percent of Brightbridge funds outperformed their peer averages over the past decade. Key benefits of mutual funds Pooling your money with other investors in a mutual fund can offer these advantages:Diversification. A single mutual fund most likely holds more securities than you could ever buy on your own.Professional management. <br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Brightbridge Wealth Management  ]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-24</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-24</comments>
<pubDate>Tue, 16 Aug 2011 04:02:48 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-24</guid>
<description><![CDATA[<br />Brightbridge Wealth Management<br />Live » Social-Bookmarking.Net<br />www.social-bookmarking.net<br />Browse daily news, bookmarks, images, profiles, bloggs, videos and more. A pure web 2.0 social media network is waiting for you and your friends. Feel free to submit your content, comments or votes...<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Brightbridge Wealth Management Headlines: Hulu weighs sale options after approach: source ]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-hulu-weighs-sale-options-after-approach-source-1</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-hulu-weighs-sale-options-after-approach-source-1</comments>
<pubDate>Fri, 12 Aug 2011 21:33:19 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-hulu-weighs-sale-options-after-approach-source-1</guid>
<description><![CDATA[Online video site Hulu has been approached by a potential buyer and is weighing whether to sell itself, according to a person familiar with the matter.<br /><br />Hulu is best known for offering free online access to popular TV shows from its strategic owners but last July launched a paid subscription service as a way to expand its offerings to include TV shows from other programing partners like Viacom.<br /><br />The approach presents another decision point for the jointly owned company, which has shown an unclear strategy and last year spent six months planning an initial public offering before dropping the plan.<br /><br />The development has encouraged the Hulu board to engage with the banking community to help handle the approach from the "serious” buyer and other potential offers, the person said.<br /><br />Hulu is jointly owned by News Corp, Walt Disney Co, NBC Universal and private equity firm Providence Equity Partners.<br /><br />The acquisition approach has not been made by any of the current equity holders, the person said. The buyer is expected to be either a strategic buyer or private equity. No decision has been made about whether the board is prepared to sell the company or not.<br /><br />Though Hulu has been immensely popular with users, its owners have come under increasing pressure from their cable and satellite distribution partners reluctant to pay premium dollars to carry content that is being offered for free on the Web.<br /><br />Added to that has been the unwillingness of many program makers to put their shows up on a free site with an advertising model that is yet to prove itself with premium video.<br /><br />Hulu's stiffest competition online is from Netflix, which now has more than 20 million paying subscribers in the United States.<br /><br />Last year, Hulu had been planning to raise $200 million to $300 million in a public offering that would have valued the company at about $2 billion. But the company backed out of the plan in favor of a focus on new subscription models.<br /><br />A Hulu representative was not immediately available.<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Mortgage Refinancing Experience Atlantic International Partnership Funding Group PRUSA.net Press Release ]]></title>
<link>https://the-looser-it-s-me.net/story/mortgage-refinancing-experience-atlantic-international-partnership-funding-group-prusa-net-press-release-2</link>
<comments>https://the-looser-it-s-me.net/story/mortgage-refinancing-experience-atlantic-international-partnership-funding-group-prusa-net-press-release-2</comments>
<pubDate>Wed, 10 Aug 2011 23:13:28 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/mortgage-refinancing-experience-atlantic-international-partnership-funding-group-prusa-net-press-release-2</guid>
<description><![CDATA[<br />Mortgage Refinancing Experience - Atlantic International Partnership Funding Group<br />PR-USA.net (press release)<br />While applying for mortgage refinancing, I asked the loan officer for credit score wisdom based on her experience. I knew most of the advice but I found some of her comments interesting so I'll post the collection of advice, tips, and cautions. ...<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[What other services does Atlantic International partnership Freight Services provide?  ]]></title>
<link>https://the-looser-it-s-me.net/story/what-other-services-does-atlantic-international-partnership-freight-services-provide--2</link>
<comments>https://the-looser-it-s-me.net/story/what-other-services-does-atlantic-international-partnership-freight-services-provide--2</comments>
<pubDate>Wed, 10 Aug 2011 23:03:22 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/what-other-services-does-atlantic-international-partnership-freight-services-provide--2</guid>
<description><![CDATA[<br />Aside from freight services, they also offer Customs Clearance, Marine Cargo Insurance and Supply Chain Management.<br />Source(s):<br />http://www.atlanticintl.co.uk/<br /><br />They arrange shipments internationally but specialises in the US market with their knowledge of complex regulations and provide services such as AMS Filing, USA Customs brokerage, handling DDP shipments and ISF Filing.<br />Source(s):<br />http://www.atlanticintl.co.uk/<br /><br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Atlantic International Partnership Article Reviews ]]></title>
<link>https://the-looser-it-s-me.net/story/atlantic-international-partnership-article-reviews-2</link>
<comments>https://the-looser-it-s-me.net/story/atlantic-international-partnership-article-reviews-2</comments>
<pubDate>Wed, 10 Aug 2011 23:00:36 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/atlantic-international-partnership-article-reviews-2</guid>
<description><![CDATA[Atlantic International Partnership Article Reviews<br />Atlantic International Partnership Headlines: Will ‘The Donald' get the spotlight back from Obama?..<br />altlantic-internationalpartner?ship.com<br />Donald Trump, who doesn't hesitate to make painfully blunt remarks, sort of got overlooked during the past week, and will have to work diligently to recover his popularity.<br /><br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[About Us-hypo venture capital ]]></title>
<link>https://the-looser-it-s-me.net/story/about-us-hypo-venture-capital</link>
<comments>https://the-looser-it-s-me.net/story/about-us-hypo-venture-capital</comments>
<pubDate>Mon, 08 Aug 2011 21:30:25 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/about-us-hypo-venture-capital</guid>
<description><![CDATA[<br />Company Profile<br />Our company invests venture capital funds into newly created companies, primarily in western Europe. At current, our focus is within the internet and world wide web. We provide management guidance as well as seed funding.<br /><br />Basic Company Information<br />Company Name:Hypo Venture CapitalBusiness Type:ManufactureMain Category:Business Services > Brokerage, Intermediary ServiceMain Products:Venture funds, venture capital, commercial service<br /><br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[Hypo Venture Capital Zurich’s Hint for Long-Term Investors: Remain Totally Invested  ]]></title>
<link>https://the-looser-it-s-me.net/story/hypo-venture-capital-zurich-s-hint-for-long-term-investors-remain-totally-invested</link>
<comments>https://the-looser-it-s-me.net/story/hypo-venture-capital-zurich-s-hint-for-long-term-investors-remain-totally-invested</comments>
<pubDate>Mon, 08 Aug 2011 20:27:51 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/hypo-venture-capital-zurich-s-hint-for-long-term-investors-remain-totally-invested</guid>
<description><![CDATA[Since mid-June, Traders Brains experienced the volume of bullish agents down to 37%, compared to 57.3% ten weeks before. The existing reading may be the smallest since September of a year ago, that ended up being an excellent buying prospect.<br />Here at Hypo Venture Capital we are committed to offering our clients access to the latest and broadest range of financial services and products on the market. We know that choosing the right strategy, the right investment and the right product is no easy task in this day and age! Whether its advice, investments or financial planning we are here to answer all your questions and facilitate all your financial needs.<br />The American Association of Individual Investors in its regular study today reveals the amount of bulls at 24%, compared to 48% bears.<br />The last period these were reduced had been August of a year ago, when the bullish group entered at 21%, versus 50% bears. That became a great purchasing option.<br />Whether or not the past is going to repeat stays to be seen, however belief along with the oversold readings have definitely shifted from the suitable course.<br />The CBOE (equity only) put/call percentage index had been 1.11 in June 15. A lot more puts purchased than calls. This can be the greatest single-day reading ever since the 1.18 reading in September 11, 2008, following the S&P 500 decreased 3.4% two days before.<br />The 'development' that induced the ultimate lack of assurance had been the bankruptcy of Lehman Brothers that was officially recorded on September of that year.<br />The prior higher reading of 1.35 took place on March 13, 2008.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Brightbridge Wealth Management]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-5</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-5</comments>
<pubDate>Tue, 02 Aug 2011 03:40:41 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-5</guid>
<description><![CDATA[Brightbridge Wealth Management, Inc. team is primarily concerned with growing and preserving our clients' capital. We manage assets on a fully discretionary basis for private and institutional clients.<br />Our highly qualified asset managers and research analysts use advanced analytical tools to conduct capital market and fund management research. We then turn global investment insights into an efficient portfolio, specially tailored to your long or short-term goals and risk sensitivity.<br /><br />Institutional Investment Management<br />Private Client Asset Management<br />Asset Management Consulting Services<br />Asset Recovery Team<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Brightbridge Wealth Management Headlines: Bitcoin struggles as it tries to change e-currency]]></title>
<link>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-bitcoin-struggles-as-it-tries-to-change-e-currency</link>
<comments>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-bitcoin-struggles-as-it-tries-to-change-e-currency</comments>
<pubDate>Tue, 02 Aug 2011 03:36:58 -0400</pubDate>
<dc:creator>odumgle</dc:creator>
<guid>https://the-looser-it-s-me.net/story/brightbridge-wealth-management-headlines-bitcoin-struggles-as-it-tries-to-change-e-currency</guid>
<description><![CDATA[Bitcoin, the anonymous, peer-to-peer e-currency, is among the new spin our virtual world has put on money. And there are a variety of ways it benefits digital transactions: It keeps a detailed log of your online transactions and creates a user-regulated marketplace. Bitcoin has prompted varying responses, being at once heralded as a solution to the current state of the struggling stock market as well as a very dangerous threat to a stable economy. And if US government has taken notice of the emerging global currency, you probably should too.<br />How it works<br /><br />Bitcoin wants to change currency the way the Internet changed publishing, and essentially addresses a few specific issues. It wants to making online transactions anonymous, do away with transfer fees, and attempt to take some power away from government-centralized banking, as well as disable government ability to simply create and issue money. Anyone with an Internet connection can use Bitcoins and you use various sites to exchange your cash for the digital currency (or sell something for them). You can trade them for merchandise or services, you can exchange them for hard currencies, or you can mine for Bitcoins. Mining isn't terribly common, but those who are dedicated to it are an extremely important part of the entire scheme. It's a complicated process not advised to the average user, but it basically means you need a seriously capable computer to run software that generates new Bitcoins.<br />The crash<br /><br />While Bitcoins are very different than the dollar or other currency, they are still subject to economic woes. There was a significant crash in Bitcoin value this weekend: They went from worth roughly $17 a piece to a handful of pennies on the most-used exchange site, Mt. Gox. It's being reported a hacked account is to blame and all trading operations have been halted for the time being. Worse than suspended use is the fact that a copy of Mt. Gox's database has been leaked, meaning user data and passwords are making their way across the Internet.<br /><br />It appears the security breach is due to Mt. Gox's vulnerable site and that this alone has caused Bitcoins' worth to plummet as its value has been maintained on other exchange sites. But the Bitcoin market has been inconsistent to say the least: Their worth has risen to remarkable levels and deflated just as quickly prior to the Mt. Gox hack, which is just an added concern to the entire thing. Symantec also reportedly found a Trojan malware program earlier in the weekend. "The Trojan is Infostealer.Coinbit and it has one motive: to locate your Bitcoin wallet.dat file and email it to the attacker," the security firm explained in a blog post.<br />Is there a future for Bitcoin?<br /><br />While the security breach at Mt. Gox and inflation-prone worth of Bitcoin have likely made non-believers even more disinterested, there is still a strong contingent of Bitcoin users. The more serious users encrypt all their information and loyally defend the organization. The P2P element of Bitcoin is what sets it apart from other e-commerce platforms in general, but this type of networking is what can isolate Bitcoin from finding a wider user base. Without any centralized regulation, security worries and unstable market value could continue and hurt Bitcoin's long term ambitions. Transforming the way we think about online transactions is difficult enough without these types of setbacks. Which isn't to say it's a doomed project, just one that might have a longer evolution then its proponents would like. Despite any roadblocks, the concept is revolutionary and the fact that it's been able to find its following this quickly is something to consider.<br/><br/>1 Vote(s) ]]></description>
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