What could happen if Russian dumped the USD and switched to Gold for Gas and Oil exports ?
In that case bitcoin will cost 10,000 USD Or 100,000, who knows? Russia is having $460 billion in its reserves. Even if Russia is able to secure half of all BTCs in circulation (6.5 million BTCs), each one of those BTCs will be worth $70,769.
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Where are the subtitles... I don't know any Deutsch..
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Yes we have plenty of oil for the short and medium term. Thanks for the reminder.
US petroleum reserves will run out in 70 days.
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Wouldn't be a problem unloading Gold, rumour has it that there was 17 Tons of Gold being transported to China, that's enough to turn a pilots head, and with a value of >700 MILLION $'s there's enough to share with your buddies waiting at some abandoned airstrip. From where did you get that news?
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A new theory is emerging... the pilot hijacked the plane to the Pakistani territorial waters.
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And Russia will cut all it's exports? They will starve even faster than the us. Only 5% of the Us oil imports comes from Russia. The OPEC countries and the gulfs are capable of rising the production enough to cover the deficit.
May be only 5% of the US oil imports comes from Russia, but the figure is far higher for the EU. Also, the Kazakh and Turkmen oil is shipped through the Russian pipelines. No. The OPEC countries are not capable of rising their oil production. The only country having the spare capacity is Saudi Arabia, but even they have only the capability to raise their input by 1 million bbl/day.
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Black people will get into bitcoin once there is a black president.
So Obama is not black enough for you?
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No Bitcoins for Neo-Nazis in Ukraine.
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Too late? USD 5 billion already spent.
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And who is the number 3 producer of oil? =)))))
USA, total oil production: 8,453,000 bbl /d USA, total oil consumption: 18,840,000 bbl /d Net import / export balance: -10,387,000 bbl/dFor every $1 / bbl rise in crude, the US will lose $ 3.8 billion / year. http://www.globalfirepower.com/oil-consumption-by-country.asp
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1. Plane suffered a mechanical failure, pilots managed to land it on water however due to damage it quickly drowned to the bottom of the ocean. The plane didn't leave debris behind or minimal debris is floating somewhere and we haven't found it yet
A plane of that size will never "quickly" drown... in any case it will take at least 30 minutes. Enough for at least some of the passengers to get out. http://en.wikipedia.org/wiki/Water_landing
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Why should Crimea citizens worry about recognition by U.S.? It's not their business. All these sanction threats are intended to prevent the demonstration of the fact that the inhabitants of the Crimea doesn't care what the U.S. thinks of them. Because it's a sign of their weakness. Sanctions will never work. Russia is the no.1 crude oil producer in the world. Without the Russian oil, crude price will cross $1,000, which will topple the US government.
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Georgia will be accepted into NATO in case Crimea joins Russia (note the wording, it sounds as fait accompli!)
The current president of Georgia is pro-Russian.
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Putin does not have bank accounts abroad. Good luck with the sanctions And EU firms have invested hundreds of billions of USD in various Russian projects.
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I knew it... he is too desperate for money... bloody loser.
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So they can now file lawsuits against BTC-E, Bitstamp.etc?
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I am 99% sure that this guy is the real Satoshi.
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I knew this from the very beginning... Crapeles is fraud no.1
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