Economic Edge

Mind Blowing Bill Binney Interview - Must See to Understand What's Happened to America and the World!

noreply@blogger.com (Nathan Martin) — Fri, 09 Aug 2019 03:30:00 +0000

https://youtu.be/g6se41MoXWw

Caitlin Long: Will Blockchain Free Us from Wall Street?

noreply@blogger.com (Nathan Martin) — Tue, 18 Jun 2019 17:49:00 +0000

Great interview, smart, very smart. Pay attention to the FRAUD within mainstream investments and how her knowledge leads to her enthusiasm for Bitcoin. My take? The mainstream fraud is 10 times worse than even she mentions here. It is in every layer of stocks, bonds, real estate, derivatives, even gold and silver "markets," top to bottom, super high unrealized RISK!

This is Extremely Dangerous To Our Democracy...

noreply@blogger.com (Nathan Martin) — Sun, 01 Apr 2018 20:05:00 +0000

Presented without comment...

This is what fake news looks like. pic.twitter.com/qedn0Z1J4Z
— Paul Joseph Watson (@PrisonPlanet) April 1, 2018

2 + 2 – “We Can Choose Freedom or Enslavement”

noreply@blogger.com (Nathan Martin) — Wed, 28 Feb 2018 13:33:00 +0000

"Logic is the "mechanics" of thought and of analysis, the process of identifying fallacious arguments and statements and so systematically removing contradictions, thereby producing factual knowledge that can be trusted."

- On Logic as found in Plato's dialogues regarding the teaching of the Trivium.

PROBLEM (putting it mildly):

SOLUTION:

Reality Series – The Deep States of America

noreply@blogger.com (Nathan Martin) — Thu, 22 Feb 2018 15:55:00 +0000

Many market pundits claim to analyze market FUNDAMENTALS. But the vast majority of professional market analysts are simply talking their own book, they are divorced from reality. Those who are afraid to examine reality are removed from it. For the sake of your money, your family, your nation, please don’t let that be you! Please, please take the time to learn about how our nation, our money, and our markets actually work… this is relevant to why I am supportive of the Cryptocurrency revolution.

We cannot truly examine markets unless we’re willing to understand the forces acting upon them. So much so, that once a person does understand reality, then they will come to understand that ALL traditional markets today are owned, controlled, and manipulated by the same people.

How did this happen? It happened because our elected representatives to Congress in the year 1913 illegally and unconstitutionally gave away the largest and most important power they, and the people had. It was THE MOST IMPORTANT CHECK AND BALANCE IN THE CONSTITUTION. That is the power to coin money and to regulate the value thereof!

Once that power is given to private individuals, then they produce endless quantities of money to BUY ALL THE BRANCHES OF GOVERNMENT, THUS SUBVERTING THE ENTIRE CONSTITUTION, AND OWNING THE ENTIRE GOVERNMENT.

The U.S. Constitution gives your elected representatives, Congress, the following most important power: Article I, Section 8:

“1: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

2: To borrow Money on the credit of the United States;

3: To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

4: To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

6: To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;”

NOWHERE in the Constitution does it allow Congress to simply give away their responsibility to private individuals! Thus it was illegal and improper of them to do that. I sincerely think that every law passed since the fake “Federal Reserve Act” should be in question due to the fact that our lawmakers have been compromised. Since that time, their interests have not been our nation’s interests.

Because of this, we don’t really have an elected government working on behalf of the people (Donald Trump may be the first exception to this since JFK, and there is a historic WAR occurring between his team and the Deep State right now).

Our money (the debt Dollar) is not real and not even legal, not because it’s not backed by gold, but because of WHO is behind it! What’s most important about money is WHO, NOT WHAT!

And so now our government is FAKE, our markets are FAKE, our statistics are FAKE, our media is FAKE, our wars are FAKE, our “intelligence” is FAKE, our pursuit of “Security” is FAKE, our entire judicial system is FAKE, our science is FAKE, our medicine is FAKE, and I could go on.

It’s a tough reality to swallow, and it even goes much deeper than that. This is so difficult for most people to accept, that they live in a totally FALSE NARRATIVE – intentionally deceptive, intentionally meant to program our thinking, to distort our sense of reality.

I recently ran across the following video interview of Kevin Shipp. Mr. Shipp is Ex-CIA. He is a well-spoken truth-teller who not only spells out who, what, and how big the Deep State is, but he is rare in that he understands the money connection and how it is the root of the problem.

I HIGHLY ENCOURAGE you to watch all the following interviews – it will take some time, so please come back and view them as you can – THEY ARE REALITY that simply cannot and should not be ignored.

This reality impacts YOU, it impacts your family, it impacts the markets, and it impacts your wealth. It will make you angry. Understanding this reality is necessary, and it is the place to start, to understand how and why reality in a vast number of other subjects has also been distorted.

Here is a link to Kevin Shipp’s website – fortheloveoffreedom.net The following is a presentation by Kevin Shipp:

Part 3 asks for a $2.99 rental fee – I encourage everyone to support truth tellers like Mr. Shipp.

*A personal experience note: I was an Air Force officer and pilot for 15 years. It was the AVIP (anthrax program) that opened my eyes to how money, politics, and the deep state work. I left the Air Force and abandoned any retirement from my service due to this. This program was a FOR REAL CONSPIRACY. These sociopaths did not and do not give a rip about anyone. It was Mueller and Comey who “investigated” 9/11 and the anthrax that was mailed around our nation. I can tell you that the dissemination of actual anthrax was 100% a CIA operation! It was tied not only to 9/11, but also it was tied to Bioport, Inc. of Lansing, Michigan, who were the makers of the Anthrax vaccine.

Former Chairman of the Joint Chief of Staff, Admiral Crowe, was given 13% of Bioport, Inc. stock to lobby the Pentagon to make the vaccine mandatory for everyone in the military. This from a member of the Bin Laden family (yes, brother of Osama Bin Laden) who bought Bioport and gave the stock to Admiral Crowe. It is my opinion that he was a traitor to his nation. This is how he spent his "retirement" according to Wikipedia,

"He sat on the boards of Texaco, Merrill Lynch, Pfizer, Norfolk Southern Corporation, and General Dynamics. He also served on the board of Emergent BioSolutions(then Bioport), a company that provided controversial anthrax vaccinations to the U.S. military in the 1990s. The deal was approved by the Clinton administration, with which Crowe had a previous relationship. At the time of his death, Crowe served as the chairman of the board of Global Options, Inc., an international risk-management and business solutions company headquartered in Washington, D.C."

This is DEEP STATE. This is how they operate. There were brochures made to justify these vaccines, and they were 100% lies – easy to uncover lies. Many people fought this program and the FDA shut Bioport down as many lawsuits were filed.

Shortly after the program was shut down, 9/11 occurred, and then anthrax was mailed around the nation. The following video is an accurate description of the other reasons why this occurred – it was a Deep State operation, this is what they do to get what they want – note the two characters involved in this “investigation:”

The REALITY IS THIS: Not only does the Deep State kill innocent people to get what they want, the markets are 100% FAKE and controlled by the same string pullers. This is reality – it is not pleasant, but once you know this reality, then you will understand that the “markets” are moved to achieve their objectives. In other words, when the oligarchs get what they want, everything goes up. When they aren’t getting what they want, then they use markets as a weapon against those who oppose them.

Reality? You bet. When you dive into “mainstream” markets, you are diving into this morass. This is exactly why I no longer participate or support anything mainstream, especially their markets. The rise of Cryptos is a direct result of this, and it is what will ultimately reverse this. But we need every soul to stand up – our collective conscious needs your awareness and support.

Crypto Update

noreply@blogger.com (Nathan Martin) — Tue, 20 Feb 2018 18:35:00 +0000

Nate Update – Broken Back Blues…

For those that missed it, an off road motorcycle crash left me with 3 vertebral compression fractures along with 3 broken ribs in my back. That accident occurred February 1st, so it’s been almost 3 weeks now.

Tough is how I describe my recovery so far. The first order of business is to prevent the fractures from getting worse. That means having any stress off my back. Yet laying down horizontal in almost any fashion is very uncomfortable – and that has resulted in very limited sleep. That limited sleep is translating into difficulty writing, so please be patient as I recover. I am paying attention to the markets and other events, so as I have the energy I’ll get my thoughts out to you. There are major forces at work right now, and major market turning points approaching in nearly all markets; Those that are REAL (Cryptos), those that are underlying real but highly manipulated (gold, silver, oil, other commodities), and those that are 100% FAKE AND MANIPULATED (Stocks, Bonds, Government Statistics, Derivatives of all types, etc).

And Then There’s Paul Singer’s Update:

“…one of the most brilliant scams in history.”

“We all laugh at primitive tribes which used large stones (or pigs) as currency. Well, laugh as you will, but a stone or a healthy pig is something. Cryptocurrencies are nothing except the marketing power of inventors, financiers and others who love the idea of buying a black box (which is obviously empty) for the price of a Kia and dreaming that it will turn into a Mercedes. There have been times recently when this dream has materialized within hours.”

“This [cryptocurrency] is not just a bubble. It is not just a fraud. It is perhaps the outer limit, the ultimate expression, of the ability of humans to seize upon ether and hope to ride it to the stars…

But is it not glorious that when the equivalent of nothing attracts priests and parishioners who run up the price, the very willingness of the mob to buy it at higher and higher prices is seen as validation of the thing, rather than an indication of the limitless ignorance of swaths of the human race?”

All the above is quoted from billionaire Paul Singer who also just happened to be a part of the group (including Hilary Clinton) that funded the completely fake “Trump Dossier.”

Well, news flash for Mr. Singer: It is YOU who runs one of the biggest scams in human history – namely the hedge fund named Elliott Management. Your wealth, power, and control are derived from trading in 100% fake financial instruments that not only make a pig blush in its relative brilliance, but your profession and trade are predicated upon the emptiest of all negative value instruments in the history of humanity, the debt DOLLAR.

Bitcoin is not the fraud, it is by far THE MOST VALUABLE form of money ever invented! How so? It is the first form of “money” that is NOT centralized by “decree of the King.” It is the FIRST money to break the MONOPOLY on what money is!

That means, Mr. Singer, that YOU DON’T CONTROL IT! And that terrifies you and all ilk like you. And you should be terrified! Because the base where you derive your power and control is crumbling – YOUR MONOPOLY IS OVER.

The FUD that you propagate is simply not believable, no more than the fake dossier and narrative you helped to promulgate. The fake “markets” manipulated by people like you ARE OF NO CONSEQUENCE to REAL PEOPLE any longer. I, for one, could care less about those fake markets, I only pay attention at this point to keep track of your criminality.

Good Riddance, Mr. Singer – Hell, and hopefully prison will see you soon.

For everyone else who wish to support the advancement of humanity, please pay attention to the Bitcoin chart below:

As I pointed out in my last update, Bitcoin produced a historic buy signal, and has been climbing ever since. First it broke the 200dma, then the descending wedge, now it’s breaking what would be the upper boundary of a descending channel, and next it will break the 100dma on its way to getting over the $13,800 resistance level.

Litecoin is the best looking chart of all the Cryptos right now. It is obvious that money is flowing into both BTC and LTC, while most of the Alt-Coins are not in cycle remaining mostly flat for now. Remember that BTC leads, all the others follow.

You can see that in the Percentage of Total Market Cap chart below, BTC’s share of the market has turned back up slightly with BTC at 38.7% of market share:

Also note that total Market Cap of all Cryptos has risen 25% since my last update, now totaling $510 million, up from the $400 million support level:

That was a really fast 25% gain. I still think we reach the Trillion dollar mark somewhere mid-year.

Despite my loathing of fake people like Mr. Singer, I will be doing a big picture market update for all the major FAKE markets soon. In that update I will point out what to watch for as the central controllers continue to destroy the value of the debt dollar, and how to know if they are manipulating another debt deflation cycle (and why), or if the end-game for the current version of the debt dollar (still more inflation) has arrived.

Until then, stay real, stay decentralized, and may Karma catch up quickly to those that promulgate FUD.

Best,

Nate

Litecoin Cash – Scam or Legit??

noreply@blogger.com (Nathan Martin) — Wed, 14 Feb 2018 19:01:00 +0000

For those who aren’t yet aware, there is a Litecoin fork (first ever) that’s supposed to occur on the 18th or 19th of this month, just a few days away.

Supposedly you can receive 10 Litecoin Cash (LCC) for each LTC you possess at the time of the fork. This has caused much speculation and has people scrambling to buy LTC prior to the fork.

On the LTC chart, you can see that it just had a major breakout higher and has shot back above $200/coin:

As you can see on that chart, the downtrend has clearly been broken to the upside, it is a very bullish chart.

Note how similarly to BTC, LTC touched the 200 day moving average and has bounced producing a new buy signal on the daily MACD.

But is LCC a scam or is it legit?

According to Litecoin Founder, Charlie Lee, it is a SCAM. Here are his recent tweets on the subject:

PSA: The Litecoin team and I are not forking Litecoin. Any forks that you hear about is a scam trying to confuse you to think it's related to Litecoin. Don't fall for it and definitely don't enter your private keys or seed into their website or client. Be careful out there! https://t.co/qXbiIxp5Al
— Charlie Lee [LTC] (@SatoshiLite) February 4, 2018

Since on the topic of scams, any fork of Litecoin, calling itself Litecoin something or other, is a scam IMO. Litecoin Cash, Litecoin Plus, Litecoin *... all scams trying to confuse users into thinking they are Litecoin.

This also applies to all Bitcoin forks trying to confuse.
— Charlie Lee [LTC] (@SatoshiLite) January 30, 2018

Clearly, Charlie believes it to be a scam. In fact, he like many others, believe people doing these forks and using the Litecoin or Bitcoin names are inherently weak for trying to piggyback on the name and not doing their own coding and marketing. I agree with this philosophically.

Most forks piggyback not only on the name, but they use the open source Bitcoin code – in fact that’s exactly what Charlie Lee did, he copied the BTC code, made a few changes, changed the name, and has made millions off it. Okay, that’s the way open source is, and the BTC source code is far and away the most proven and secure.

Now, when I go to the LCC official website, I find that they list many benefits, including the fact that old BTC mining software will be able to mine LCC.

Their website is respectful and seems to be looking after people’s interest with their “safe fork” discussion. However, there is no whitepaper and the team is very young and thin with only 4 members.

From the LLC website, here is an LCC comparison table:

Note that Charlie Lee says not to give them your LTC keys in order to claim your LCASH. I would agree, at least at a minimum I would wait to see if in fact people are successfully claiming them, and that an LCASH wallet actually materializes.

Regarding this, the LCC team seems to agree by stating a truism, “Firstly, NEVER paste private keys that hold any currency into ANY website or wallet in order to claim forked coins (including ours). Practice responsible forking: 1. Wait for the fork; 2. Move your Litecoin to a new address; 3. Use the private key for the "old" address to claim your Litecoin Cash.”

One thing is for certain, with Charlie Lee at Coinbase, don’t expect Coinbase to distribute LCC to your account automatically! Thus if you wish to claim your LCC, you must ensure that you have your LTC in your possession, inside your own LTC wallet off any exchange (I use Trezor). Then move the LTC to another wallet or an exchange, then use the old and now empty wallet keys to claim your LCC.

So, I do think there is a high probability that this is a scam, at a minimum it is a fast and loose copy/modification of the LTC/BTC source code. That said, I do have my LTC off exchange and will be able to claim my LCC once proven. I will wait and watch before attempting to claim my LCC tokens. If I am successful, I will immediately sell them since there is no whitepaper, and since the “team” looks to be profiting with minimal effort on their part. Then I’ll use the proceeds of that sale to purchase LTC.

Best,

Nate

The Lightning Network

noreply@blogger.com (Nathan Martin) — Tue, 13 Feb 2018 15:01:00 +0000

Boy am I a fan! My hope is that this year Segregated Witness and the Lightning Network will radically change the speed and cost of transacting with Bitcoin.

But wait, there’s more… Lightning also can accommodate cross-block transactions. This is HUGE, a game changer, because it means that we’ll be able to trade one another different coins directly with NO MIDDLEMEN. This, and other technologies like Atomic trading and Plasma, mean that days are numbered for exchanges (except to get dollars if required, they are certainly not desired).

Not only that, but as Andreas Antonopoulos points out in the video below, the Onion Routing will ensure true PRIVACY. This is also a game changer – it means that we can truly claim our personal monetary and fiscal sovereignty by righting a huge wrong that has been held over humanity’s heads by central bankers. Namely that they can see everything you do, but you can see nothing they do. This turns that inside out, in a proper rule of law manner. Banking secrecy by private individuals illegally given the right to produce unlimited quantities of money is ENDING, and I say “YAY!”

This fact alone will bring BILLIONS of people worldwide into this new system of “banking.”

Right now lighting is running in a test mode with test nodes. A node is simply the entire ledger that resides on your computer so that as transactions occur the ledger that exists on your computer can be compared and verified by other ledgers on other computers to verify transactions. The more nodes, the more robust, and the more decentralized the network is.

Once verified, hopefully later this year, Lightning will release a final version of their node software that likely will include incentives for people running a full Lightning node. I currently run a full Bitcoin node on my computer and will also run a Lightning node when it is released. I’ll write more about running your own node later, it’s certainly easy to do and actually doesn’t require any expertise and very little energy and bandwidth – I don’t even notice my computer is running it.

The following video describes roughly how the Lightning Network works:

This video is an interview with Lightning CEO Elizabeth Stark:

And this video is with Andreas Antonopoulos who answers questions about the lightning network:

Video: More Trace Mayer – BTC Lightning Adoption and Claiming Your Personal Monetary Sovereignty

noreply@blogger.com (Nathan Martin) — Mon, 12 Feb 2018 22:55:00 +0000

This is another very interesting interview with Trace Mayer. Well worth the time, he covers the Lightning Network on top of Bitcoin and how it will speed transactions and lower costs. He also covers the possibility of Atomic trading, but most importantly discusses how to claim your personal sovereignty now that the monopoly on money has been broken!

Bitcoin Market Update – Breakout with Historic Buy Signals!

noreply@blogger.com (Nathan Martin) — Mon, 12 Feb 2018 18:55:00 +0000

Nate Update:

I have returned from two weeks of very fun off-road motorcycle riding in Southern Utah. That’s the good news.

The bad news is that I had a 30+ mph encounter with a boulder and the boulder won – launching me into a head/back landing that resulted in 3 fractured ribs and 3 compression fractures in my vertebrae!

Painful for sure, but thankfully I will heal - hopefully with little or no lasting damage. Soft tissues are already better, but bones take longer to heal. In the meantime, my energy level is returning already, but not quite what it was, so expect a slow ramp back up into things.

Bitcoin Breakout:

Bitcoin (also as a proxy for the rest of the Crypto market) is breaking out from a descending wedge pattern as seen clearly on the Daily chart below:

A descending wedge is a coil, the breakout higher should be strong – I would like to see buying pick up over the next several days to confirm the breakout. Note that two days ago price broke the downtrend line, but that line was retested and now prices have bullishly reversed yesterday’s downside move.

There are two historic buy signals on this chart!

First note that the volume on the day prices bottomed at $6,000 was heavier than the surrounding volume – that is a positive.

More importantly, since 2015 there have only been two prior instances of BTC price actually touching or going below the 200 day moving average (dma). You can see that prices fell below that average for a few days. The 200 dma is a very important long term indicator for Bitcoin because it’s hard to tell how far ahead of itself prices are at any point in time. But at the $20,000 peak price, BTC was almost 4X the 200 dma! That was a historic over valuation at that level.

EVERY TIME (as in 100% of the time) that prices have been below the 200 dma, it has been a perfect entry point to buy Bitcoin! Thus, NOW (or any level below or close to the 200 dma) is the right time to be buying via that indicator alone.

Now note on that chart the MACD. Those low MACD figures represent a historic BTC low. And if you look at the red circle you will see that from those historic low levels the ‘fast’ has crossed over the ‘slow’ thus indicating a BUY SIGNAL on the Daily MACD. Note that the weekly MACD is still on a sell, but that the monthly MACD never went to a sell, and is still on buy signal.

The chart below is a WEEKLY BTC chart. It shows a strong bottom-like Doji candlestick, often seen at bottoms. The price moving out of the wedge and up from the cross is bullish:

Now please take a good look at the following chart. I have replaced the MACD indicator at the bottom with RSI (Relative Strength Indicator). There have been seven instances since the beginning of 2015 where the RSI has touched or dipped below the 30 level. Just look at the last two times! Had you bought on each low, the return from July of last year to the next high was 178%, but the return from the September low was a staggering 621%!

So, should you buy when the RSI dips below 30? YOU BET! That just happened, again, a good place to buy. Note that the data for BTC doesn’t go back in time far enough to have useful data on the weekly and monthly chart for RSI.

All these indicators tell me that this chart is bullish, that it is time to get money back to work in the BTC market, keeping in mind that the rest of the Crypto space follows Bitcoin. I expect to see the overall BTC Market Cap skyrocket from here:

Market Cap Total

Note that total Crypto market cap was cut in half, bottoming just below $400B. Today it is at $426B, I expect that we will cross the Trillion Market Cap line prior to the end of July.

Best,

Nate

Trace Mayer about Bitcoin’s (Initial) $2.8 Million Value Proposition…

noreply@blogger.com (Nathan Martin) — Tue, 23 Jan 2018 15:50:00 +0000

Can't say enough about how spot on Trace Mayer is in this most excellent video.

Not only is the well spoken Trace Mayer right about bitcoin’s value proposition, but he thoroughly understands money, the history thereof, and the criminality that is the current central banking system.

Note the immutability of Bitcoin compared to other Cryptos… Video is well worth the time.

Update – Real People Possess Real Bitcoin! Futures and ETF Edition…

noreply@blogger.com (Nathan Martin) — Tue, 23 Jan 2018 03:25:00 +0000

*Note: I will be traveling for the next two weeks and will be unable to make posts on a regular basis until I return.

Downward pressure on the entire space obviously continues. There has been a series of H&S patterns as well as bearish flags that have all worked to take prices lower. There is one pattern that is still targeting the $8,400 range, that target has not been reached and is still valid. Here’s the Big Picture Daily chart:

Here’s a 30 minute chart, I can’t remember seeing a chart that had so many well developed H&S patterns in such close proximity:

There is a definite psychology to Head & Shoulder patterns, these are classic patterns and actually do not look contrived or manipulated to me. If you want to see contrived, just look at a chart of the DJIA, S&P500, or NASDAQ. There you will find manipulation, historic overvaluation, and a classic bubble.

So the question then is: Are the banks manipulating the price of Bitcoin (and by extension other coins as well)?

There certainly are a lot who think so – and it doesn’t help that the top was put in the day Bitcoin futures began trading! The fear of Bitcoin manipulation looks like this:

At about $5,000 BTC the banks start buying actual BTC like crazy rapidly running the price up. Jamie Dimon, CEO of JPM, calls BTC a “fraud” in order to intentionally drive the price down. Meanwhile JPM and other banks are buying with both fists (they can simply materialize Dollars after all). They buy hard running up to the opening day of the futures market.

On opening day they short BTC like crazy via the new futures market and begin selling their actual Bitcoins, thus driving the price back down in order to profit on their futures bets… Once they run out of BTC to sell, they will flip that trade, begin buying, rinse, repeat, rinse, repeat.

That’s the thinking, but is that reality?

First of all, there is no doubt that it should be understood that banks and bankers are NOT your friend. Nor are they the friend of humanity – period. So none of that is beneath them, for sure.

This seems “foggy” to most people, so let’s examine the mechanics involved in both Futures and ETFs:

FUTURES

Futures are EXACTLY like gambling – they are, in fact, legalized gambling. They are a bet on the future price of an underlying asset – be it gold, silver, oil, Bitcoin, or whatever.

The CME Group is the exchange that handles trades of Bitcoin futures. An important aspect of their futures contracts is that all settlements are in CASH, NOT BITCOIN. This means that they do NOT need to own any Bitcoin in order to settle payment.

There are rumors going around that the banks have made deals with the exchanges in order to use Bitcoin held by the exchanges as backing for those futures contracts. This is not necessary since the banks can and do settle all BTC futures contracts in Dollars – remember, banks can simply turn on their printer to make more Dollars, they don’t have to own BTC. They are running a betting parlor, a gambling side show that has ZERO function on behalf of a proper society.

This is not to say that there aren't legitimate uses for some futures, there are – like airlines and other businesses who use them to hedge the price of oil. But a need to hedge the price of BTC? Not yet (but big players who accept BTC as payment may want to hedge in the future).

So if the regulators think its okay to trade BTC futures, why would they turn down every application to date to create an ETF?

Oh yes, we’ve heard their excuses – you know, they are trying to “protect us.” LOL

ETFs

No, they don’t give a rats behind about you or me losing our money! They steal it every chance they get, it’s a laughable proposition that some banker or regulator is “protecting” the public.

There are two types of Exchange Traded Funds (ETFs). One type is just a piece of paper where the scammers who organize it claim to follow the price of the underlying asset – gold, silver, real estate, bonds, whatever. They take exorbitant fees all along the way, and thus these paper tigers rarely, if ever, maintain the value anywhere near equal to the actual underlying. Why would you own them over the underlying? Only for short term trades so that you don’t have the hassle of taking possession – that’s it. Oh, and you can leverage these (the slippage is even more pronounced over non-levered ETFs).

The other type of ETF is one whose charter documents require the company to actually own the underlying asset in an amount (close to) equal with the amount of funds deposited into the ETF. This is like GLD and SLV – they are required to actually buy physical gold or silver.

And this is EXACTLY what the banks and regulators DO NOT WANT! Why?

Because, unlike any other asset on the planet, and especially unlike any financial asset on the planet, Bitcoin is strictly limited in quantity! That means that if money goes into an ETF that is required to buy it, then the price will rise, it will draw more interest, and that interest will weaken their power and control. That’s the real reason.

This is a very important point – When you invest in any paper financial asset, you are buying something from them… and then they simply make another, and another, and then 10 trillion more!

But Bitcoin, nuh, uh! No sir. You buy a bitcoin and there is no making a new one – no replacing it, no forging it, no hacking it. The decentralized trusted ledger makes this possible – and it is a revolution for humanity. So imagine a BTC ETF that requires the fund to own actual BTC… There are only 16 million BTC, what do you think pumping millions and billions more into BTC via ETFs will do?

I highly doubt they will allow it anytime soon – maybe a pure paper ETF, that would take money that otherwise may have found its way into the actual underlying. And that is why paper dollar settled futures and ETFs only - they are a-okay in diluting Bitcoin as it brings them wealth, power, and control. But they will strictly attack anything that promotes the underlying BTC - watch for this, it will become clear.

What they really care about is that they know Bitcoin and the coins that aren’t issued or controlled by them erode their power base. They are losing control, and they know it. It’s very small right now, and they intend to keep it that way if they can.

I can assure you and them that they have lost already – it’s only a matter of time.

PLEASE – For the sake of humanity – do not put a single dollar into any paper BTC product!! Those who do are as complicit as those who make them – karma will take care of them in the end.

REAL PEOPLE OWN REAL BITCOIN – and they take the actual coin off the exchange and put it in their own electronic wallet – that way the exchanges cannot “FRACTIONALIZE” BTC which I can tell you they all do.

REAL PEOPLE POSSESS REAL BITCOIN!

Be Real – I’ll return in a couple of weeks for more.

Nate

Crypto Update – Government Shutdown = Bitcoin UP

noreply@blogger.com (Nathan Martin) — Sat, 20 Jan 2018 17:33:00 +0000

The reaction to the government shutdown is quite interesting. Of course most markets were closed at the time, but stocks, bonds, and even gold mostly yawned while they were open knowing that it was likely to occur.

Then when it did occur, BTC rose sharply, climbing more than $1,000 per coin. Bitcoin Cash, Litecoin, Ripple, Ethereum, none rose the way BTC did. Also, the Alt coins largely did not follow, and those that did only rose by a much smaller degree. What does that tell us?

To me it says that Bitcoin is the flight to safety trade – and that means that as an asset, it will benefit in crisis, and as the Dollar takes more and more hits, it will be the preferred place to own “money.”

The truth is that Bitcoin is FAR BETTER in all aspects of “money” than either the Dollar or gold! How can I say so? It is strictly limited in supply, making it a far better store of value. It is far better transactionally than gold, and actually is far better than the Dollar in that regard as well! It’s easier to store than either, easier to move, it’s simply a better form of money! This despite criticism of it being slow, but please compare that statement to trying to move gold or dollars around the world and you will see a clear winner.

Now ask yourself which is better for humanity, and where you should put your money should be obvious.

Bitcoin is currently continuing its climb after breaking up and out of a pennant formation last night:

The target on that break is the upper down slopping line that currently resides in the $15,000 neighborhood. Here’s the big picture chart showing the descending wedge:

I would expect that we will not likely break through that line initially, although if we do it will be extremely bullish.

My expectation is that once we touch that line again, price will fall. My hope is that it only falls a short way, regains upward momentum, then breaks it. But the descending wedge pattern says that we could touch the upper boundary, then descend one more time to touch the lower boundary – so don’t be surprised if that occurs.

I think the lesson of last night is that BTC is the preferred store of money value for the world. Don’t let short term corrections and negative talk take your eye off the long term play here. I still believe BTC is going to $40k by the first half of the year, $100k before the year is out.

You should be aggressively long BTC on a break of the upper descending trendline if you’re not already.

Have a great Government shutdown weekend. No, I don’t feel sorry or sad about it – our very bad behavior, breakdown of a proper rule-of-law, terrible role modeling, and negative karma will eventually bite much harder than this. The role of the Dollar is appropriately diminishing, humanity is righting the ship by fixing the most important thing – breaking the monopoly on money that gives the bad actors their power and control over the entire globe.

Nate

Trading Alert – BTC Bullish Break Higher!

noreply@blogger.com (Nathan Martin) — Sat, 20 Jan 2018 05:22:00 +0000

After pointing out this morning a potentially bearish pattern, a bullish one manifested itself later. Instead of breaking lower, Bitcoin prices hung out all day between $11,000 and $12,000.

Just now a break above the top of a bullish pennant occurred on heavier volume. Here’s a 15 minute chart showing the break:

The target for the pennant is expected that it rises the distance of the staff. In this case almost exactly $3,000. It broke at $12,000, so the target is right at the $15,000 mark. That would place prices back above the $13,800 line that we’ve crossed so many times, and it would also place them just at the large down slopping line that marks the top of the very large Pennant/Descending wedge I pointed out earlier. Here’s another view of the big picture chart:

I would not expect prices to penetrate that line unless momentum is way higher than it has been. Still, a nice looking break higher, and if that target is reached it will be a sizable move in the right direction.

Interesting that this break higher comes within minutes of government failing to pass a continuing spending bill, thus effectively shutting the government down. Hmmm. Faith in BTC, but losing faith in .gov and the central banker dollar.

Best,

Nate

Cryptos Out of the Woods? Dollar Dying?

noreply@blogger.com (Nathan Martin) — Thu, 18 Jan 2018 18:52:00 +0000

Yesterday’s selloff ended at BTC $9,000. This was an interesting place for it to end as there really was no support in that zone. So what happened?

I think it’s very interesting that the bottom seemed to coincide with Binance’s reopening to new accounts – but it also coincided with yesterday’s expiration of the first month’s BTC Futures on Wall Street. Note that BTC topped the day futures trading began, and has descended non-stop ever since. Something changed yesterday – I think new money coming in was the biggest factor, and the Alts rose largely on this.

Another positive piece of news was the rising up of the South Korean people! More than 210,000 people signed a petition demanding that their government stay out of their exchanges (the petition does allow for some regulation, but certainly not exchange closure).

How about that? Again, the monopoly on money is over, people have had enough, and I believe that our collective conscious is now aware enough of the abuse that we’re not going to allow it to continue. This backlash can be seen as countries are revolting against the Dollar, and people in general are losing faith in it, and in oversized gargantuan government.

These are BIG WAVES playing out around the world right now. The Dollar index is falling dramatically. Our broken government is on the verge of shutdown as politics and debt Dollar money are 100% intertwined. The rise of Cryptos is humanity walking away from such nonsense.

Importantly, the 10 year bond is breaking above the downtrend line established during the financial crisis of 2008:

This is a very important thing! As bonds go up in rates, they go down in value! You don’t want to own bonds when rates are rising, you do want to own them when rates are falling.

So, if rates are going to rise further, then people are going to sell bonds. When they sell, they temporarily convert them to Dollars. Then what do they do with them? If it were me, I’d buy Cryptos! But keep in mind that these are mostly held by large banks (who would also be smart to be buying Cryptos).

These rate changes are the root of movement, they represent movement. What occurs in Bonds ripples through to the stock market. Money flowing into the markets as rates move higher (leaving bonds). Money flowing into gold as rates move higher. Money flowing into Cryptos as rates move higher.

But at some point rising rates run up against the impossible math of debt – debt saturation for individuals, for small business and for large corporations, for local, state, and federal governments. All are saturated with debt. The housing market in particular is built upon debt leverage – rising rates makes homes more expensive versus income.

So, you may wind up with a situation where stocks start to unwind the melt-up. Money fleeing bonds, money fleeing stocks? The logical recipient is gold and Cryptos. But remember that as markets start to sink that most mainstream knuckleheads sell other assets first! That’s because it’s their mission to exercise power and control over the globe – bonds, stocks, and debt Dollars is how they do it.

So don’t be surprised if other assets are sold first – but then a tidal wave of Dollars will flood into truly safe assets as those Dollars begin to seek safe haven – a place where they will be treated well, much better than in a bank.

But as the Dollar sinks and rises against the basket of other worth less and less money, I do think it's in serious trouble mathematically. Yes, the Dollar (in its current debt rendition) is dying.

ARE CRYPTOS OUT OF THE WOODS?

Possibly, I’m cautiously optimistic. They did rise sharply off the $9,000 bottom and did reach $12,000 this morning. That’s a 30% rise off the bottom – huge for a one day move. We now need to see prices stay above the $11,200 area, consolidate and then move higher. If we slip below $11,200 on BTC, then we need to evaluate.

Here’s a big picture chart of BTC – I am tentatively labeling yesterday’s low as wave C:

Note that the formation now has taken on the appearance of a very large flag – this is known as a descending wedge. Descending wedges are bullish. This is a very large wedge, thus the price move out of it will also be very large. Also note that the $13,800 area will likely coincide with the top of the wedge by the time prices arrive there. That top of the wedge line will initially be resistance, but once broken, you need to be in for the rocket ride that follows!

Until that happens, it is also possible that the selling is not truly over. Wedges can have several or even many touches – thus it’s possibly that prices bounce off both boundaries for a while. That would mean that lower lows may come. It’s also possible for prices to “spill out” of the mouth of a descending wedge – it is not a 100% of the time bullish formation, but it is the majority of the time. It is most likely expected to play out something like this:

So if the correction was a simple ABC, then we may very well proceed to the top of the wedge and break higher without making another new low. However, if the wedge extends in time, then we could continue to zig-zag, and may put in a lower low that touches the bottom boundary.

Bottom line is that we’re not entirely out of the woods until we break the upper descending downtrend line. But I am seeing some bullish formations, inverse H&S patterns on a couple of different levels are possible. But the fuel has to come, so we’ll see if they play out that way, or if prices lose momentum again. A breather is expected as they’ve come a long way pretty quickly.

Best to your trading or Hodling strategy! (I played that bounce heavily and am happy to have gotten back into TRX at 4 cents! My thinking is that as long as Binance remains open then the Alts should do better).

Nate

Crypto Update – Where Does the Selling End? Did Binance Reopen?

noreply@blogger.com (Nathan Martin) — Wed, 17 Jan 2018 16:50:00 +0000

First of all, it appears that Binance has reopened to new accounts without publicizing it (Binance Registration). If you’ve been waiting to get in, please do so promptly as they could close it off again at any time.

WHERE DOES THE SELLING END?

Having broken through $10,000 this morning, as I type we’re now down to $9,200.

Yesterday I spotted two formations – one a Head & Shoulders that is targeting the low $8,000 range, and the other was a bearish pennant targeting the low $9,000 range which we’ve already hit.

So this morning I set about once again evaluating possible Elliott Wave counts and re-examining Fibonacci Retracement levels.

There’s really no support from here until about $8,200. But when I look at what I now see as a potential E.W. count, I see that the descent can really be labeled as a very large ABC. See chart below:

If this is what is happening, then when the length of C is equal to the length of A is the question. That calculates right to the $7,800 mark. A happy coincidence is that when I put Fibonacci retracement over the entire run up in BTC, a 61.8% retrace is right at $7,762. I like to see targets in the same area calculated by more than one analysis technique.

So, I think the odds are now high that we do take the excursion down to $8,200 or lower, and that a bottom is likely around that $7,800 mark. Should that area not hold, then the next area likely is in the $5,000 to $6,000 range. But from what I see right now, I think odds favor a landing just below $8,000.

That said, if prices were to rise back above the $10,200 level, and stay there, then a bullish pattern could develop. I am starting to see some bullish divergences, so let’s see what happens.

A GOOD ENTRY POINT IS COMING, or is here already, and really buying at these levels is a gift – thank you sociopathic world controllers! When markets move like this there is great opportunity. When markets behave like the 100% captured stock markets, there is little opportunity, mostly very high risk.

We know that the Crypto market is volatile, it has 50% corrections more than once per year! It’s normal in markets that are new, especially when the establishment is doing everything in their power to choke it. Again, their sociopathic controlling ways will fail to stop this – their monopoly on money has ended, they aren’t getting it back.

So I LAUGH at “professionals” like the new “Bond King” Gundlach, whose fortunes are tied to debt Dollars, slam those who see Bitcoin and other Cryptos as a more safe and sane alternative to the giant moral hazard created by them!

The next technical Analysis question to ask is what degree, or what wave was it that topped at just under $20,000? Goldman Sachs technicians are labeling that as the top of wave 3 up. That would mean this ABC is a wave 4, and that the next wave higher will be 5.

At this stage, I would probably not agree with that count. Had that large triangle held in the sideways pattern, then it would be behaving like a wave 4. But a retracement that exceeds 50% as this one has, and is likely to hit a 61.8% retracement is more likely to be a wave 2. That means that large degree wave 1 up would have ended at $20,000, and it means the next up wave is an even more powerful wave 3. That would match the trajectory of the numbers I see coming with Early Adopter Phase.

For those that missed my article, “Bitcoin and the Cryptocurrency Revolution – The Most Important Change of Your Lifetime, and Why it Will Spark Humanity’s Next Renaissance!”, here is the way I see the technology S curve and Innovation wave playing out for the Crypto industry:

Bitcoin was founded in 2009, thus it has been 9 years for the Innovator wave. But I think the waves accelerate in time from here since Crypto is software based, it resides on hardware that already exists.

If you project the growth path of Bitcoin and the number of users obtaining electronic wallets, then the Early Adopter phase could be as short as only 2 to 4 years in length!

That would mean that 30% of the population of the globe would own Cryptos by approximately the year 2020. By 2022 the majority of the world will be transacting in one crypto form or another. For this year, 2018, I expect more than 10% by the end of year, up from the 1.5 to 2.5% today.

Just look at Binance’s numbers! Two million new subscribers per week. That’s not the innovation phase, that says the tidal wave is coming.

We’re now retesting $10,000 from below. If it were to regain it and hold, then we could easily label this morning’s low as the bottom of wave C. But let’s see, we need to see strong buying come in for that to happen, otherwise I think we’re headed to $7,800.

If you haven’t sold already, then selling now is probably the exact wrong thing to do – remember, to make money, you want to buy when others are fearful, and sell when other are euphoric!

Nate

Crypto Update – Fear, Uncertainty, and Doubt! FUD…

noreply@blogger.com (Nathan Martin) — Tue, 16 Jan 2018 22:07:00 +0000

Just a quick update to let folks know what I see. Obviously the large triangle we’ve all been tracking has broken to the downside. That’s pretty bearish, and there are formations that tell me Bitcoin price, and most of the space follows, is heading into the sub $10,000 range.

For those whose philosophy is to ‘HODL’ – then great. I say that absolutely nothing has changed fundamentally and that the figures I’ve been talking for the first and second halves of the year will absolutely be achieved. So if you are sitting on your Crypto – hang tight, psychology works against most people, forcing the majority to sell at exactly the wrong time.

If you have new money to put to work, then any level beneath here is a great place to put it to work!

We have sociopaths around the globe, in South Korea, in China, in Germany, and all central bankers - who have taken notice of how these diminish their power and control. We always knew they would not go quietly, but I can assure you that they have already lost. Thus their words are meaningless, except to put FUD into those who aren’t focused on the end result. Yes, they can tamp down psychology momentarily, but in the end for them, Pandora’s box has already been opened, and will remain open.

For those who are actively trading, I personally went to as much cash (dollars) as I could at the break of the triangle – I will be rebuying hopefully at lower levels with those dollars, but certainly will have it back in before crossing that same triangle bottom on the way back up.

For the rest that I could not sell, due to exchange cash limitations, I will HODL. Most of the Alts are getting hit harder than BTC, but I see relative strength in ETH, LTC, and what was strength in NEO has now been hit hard too.

I have two targets currently from the chart below. One puts BTC in the low to mid $9,000 range, but the other puts it in the low to mid $8,000 range (from both the last H&S pattern and the initial leg drop from it). Prices need to reverse upwards now, or those targets become likely:

If we reach those target areas I will begin incrementally buying back in, especially if I see signs of capitulation selling (high volume sell off, followed by high volume reversal).

The melt-up bubble in the stock market is showing signs of losing momentum today – but momentum is very strong and uptrends are still intact. Once that reverses, I expect to see an initial flight to safety that will benefit the Dollar first. This is because all markets are priced in dollars, and when you sell stocks and debt instruments you convert them to Dollars first, thus increasing Dollar demand.

But that may be short lived, and momentum chasers may begin to pile back into cryptos that are now half the price they were. So we need to watch all markets to see the rotation of the flow of money – we’ll see momentum wane in one asset, then build in another. I think that there’s also big bottle necks in the Crypto space right now with some of the largest exchanges closed off to new money. It very well may be that we need to see them reopen in order to regain positive momentum.

Best,

Nate

Bitcoin and the Cryptocurrency Revolution – The Most Important Change of Your Lifetime, and Why it Will Spark Humanity’s Next Renaissance!

noreply@blogger.com (Nathan Martin) — Tue, 16 Jan 2018 02:53:00 +0000

*Note: For better viewing, please download a .pdf version of this article by clicking on this link: Bitcoin and the Cryptocurrency Revolutionpdf

For the sake of brevity, I will not go into basic Crypto terminology or how blockchain and trusted ledgers work. Please google it, or use the Glossary link below if you don’t know the term or concept – there are also many very good videos on these subjects, so if you do not yet understand how they work, or why they are “trusted” then please detour here to YouTube. Please be aware of the “hash,” timestamps, and how decentralization is used as a check and balance to ensure that we can trust our transactions. Once you understand these things, then the potential ramifications will start to become apparent, and this article will hopefully fuel your understanding.

We do need to have a common Crypto language so that we can all communicate effectively. The following link is a good one that defines most Crypto terms you’ll use on a regular basis: 100+ Terms to Understand Cryptocurrency – Basic Glossary.

This piece is not a 20 second read! But if you want to fundamentally understand why cryptocurrencies are the most important change of your lifetime, it requires investing time and energy beyond that 20 second sound bite. Learning in front of the wave is opportunity, getting swamped by the wave is not – there is a tidal wave coming! We must also keep an open mind to the possibility that we all contain flawed programming, but that the progression of humanity has been, and will continue to be, positive overall. I think a huge leap forward for humanity, and for our collective consciousness, is right around the corner. You are not going to want to miss out, so do not let the naysayers fool you, and do not delay learning about this sooner – you will HAVE TO learn it later.

If you need help getting involved, are just confused as to what exchange to use, or how to store your money, we can help. Please contact us at cryptonomicedge@gmail.com.

CONTENTS

INTRO

HISTORY AND FLAWS OF MONEY

SCIENCE AND ECONOMIC REALITY

WHAT CRYPTO IS ACTUALLY GOING TO CHANGE

THE CRYPTO TECHNOLOGY ADOPTION CURVE

RATINGS TABLE

NATE’S THREE SIMPLE CRYPTO RULES

Written By: Nathan Martin – Sharing is allowed, reposting permission is granted with appropriate link and attribution, all other rights reserved.

INTRO

Cryptocurrencies will raise our consciousness, and will change humanity for the positive. They are the first and only money system(s) in human history that conforms to a proper rule of law. This is a revolution that is going to spark an economic and technological renaissance.

DO NOT LISTEN TO THE NAYSAYERS! The entire paradigm is changing under their feet and they simply do not know how or why. They have so many Bitcoin opinions, but possess such little (unbiased, non-mainstream) knowledge! Those whose livelihoods depend on propagating the current system just can’t seem to get on board… but they will have no choice in very short order.

We’ve all heard that crypto currencies, blockchains, smart contracts, and trusted ledgers are “the future,” and they are! Those who think they “get it,” may or may not, but if they cannot verbalize why they “get it,” then they will fail to inspire confidence. So let’s move the crypto discussion forward!

To truly understand what’s occurring, one must first understand both the history of money and the flaws that have led to each system’s demise. Once you understand this, then you will have the context to look at the progression of money and humanity, and that will give you a direction to look into the future.

It’s also important to understand the physical universe as it really is; not as the current false science and economic narratives do. This is a huge subject we’ll just brush upon, and will save most of it for another discussion, but one that I think Cryptos will eventually bring to the forefront – understanding reality the way it actually is, is an important part of the revolution and coming renaissance.

Then we’re going to dive into what’s happening now, and what is very likely to happen in the near future that is so revolutionary. This change is going to completely change how you view the world and will certainly change how you interact with it going forward. EVERYONE will be affected, and EVERYONE will be using this technology – many already are.

Right now (going into 2018), there is approximately 1.5% - 2.5% of the population who own and use crypto. This group was the innovator wave. Next comes the TIDAL WAVE of people and money as the early adopter wave is just entering this space. I expect that by the end of 2018 that more than 10% of the people on the planet will own crypto, and that it will increase even more in 2019. By 2022 the majority of the world will be transacting in one crypto form or another.

Most importantly, they will not be making the vast majority of those transactions through banks! No, people will be making payments and trading from one coin/token/contract to another directly. Crypto exchanges will only be useful for getting your debt denominated money into Crypto. There will soon come a time when you will not want or need to convert it back!

Today, people already have a ton of options when it comes to money (most are not yet aware of all their options) – they will be able to choose money for the intended purpose. Some money will act as a store of value. Some “money” (coins/tokens) will be transactional – you will move in and out only to get the things you need or want. Still other money will be investments in new technologies – you’ll get to instantly choose who and what you want to support with your money (your life’s energy and productivity). Other money will act as a contract, while still others will act as title or registration.

All of which is going to diminish the role, the power, and the control of both banks and government. It is going to place the power where it appropriately belongs, in the hands of the people. Your hands!

This is a part of a bigger battle within humanity. It is a battle of FREEDOM and SECURITY – Good versus Evil, decentralization versus centralization, freedom versus control. Freedom is humanity’s natural state of being – it is decentralized and it is random.

The pursuit of freedom brings with it true security at very little cost. True security comes from being decentralized and not from being controlled. The opposite (evil to humanity), is the pursuit of security which brings with it NEITHER freedom nor security (think about the debts incurred post 9/11, the Deep State, Central Banking, Globalism, Marxism, Communism, Socialism and all forms of central control).

The next step to understanding is to actually put a toe in the water! That’s how to learn the nuts and bolts.

*A note about the term sociopath: I use this term a lot and purposefully – A sociopath is superficial, lacks remorse, and most importantly lacks empathy. Yet, we tend to elect these types as our leaders! It’s not best for us because empathy is actually the very first brick in the foundation to a proper rule of law! From empathy flows communication. From communication comes the need to enact trade, and then comes the need for a proper money system. Trade then either flourishes or it doesn’t – humanity progresses or it doesn’t. Thus if our laws lack empathy, then they will be improper, humanity will suffer, and such unnatural laws will not stand the test of time.

HISTORY AND FLAWS OF MONEY (IN THE SMALLEST NUTSHELL POSSIBLE)

WHAT IS A PROPER RULE OF LAW?

All proper rules come from the need to cooperate to ensure survival. Proper rules conform to both the realities of nature and human nature:

Step 1. Empathy: People begin to cooperate for survival – to cooperate we must first recognize and value the other person’s needs as well as our own. This is called Empathy.

Step 2. Language and Communication: In order to cooperate, we must be able to communicate. This gives rise to the need for language. The better and more precise our language, the more effective the communication, and the better our chances for survival.

Step 3. Trade: Once communication begins, trade is the next step. Trade starts with barter, then progresses.

Step 4. Money & Exchange systems: Advanced trade means having a medium through which trade can occur without bartering directly from one item to another.

Step 5. Rules and Laws: A common understanding of the rules of conduct are established. This includes the formation of governments. Proper governments have branches to afford checks and balances on power.

The better a society is at establishing and maintaining a proper rule of law, the more successful and wealthy it will become! Yes, societies differ – they are rich or poor based on their application of the above – this has NOTHING to do with skin color as many social justice warriors today wrongly confuse.

A wealthy and prosperous society is built upon a proper rule of law! It is the FOUNDATION to how a society behaves and how wealthy it becomes. The money system is THE MOST IMPORTANT aspect of a proper rule of law, for those who control its production get to make ALL the other rules!

Figure 1: The Wealth Pyramid

If a society fails to maintain a proper rule of law, and that includes a proper monetary system, then it will not gain true wealth and it will FAIL. This is natural – nature is about survival. Can you imagine a lion who does not hunt? Do you think nature will just provide it what it needs to survive? If you do think this, then you will make a good socialist, and your society will fail.

Note to social justice warriors – you cannot make another society wealthy by giving it things! Wealth comes from a proper rule of law. A proper rule of law CAN ONLY COME FROM WITHIN, it can never come from someone else! If you wish to help a society that lacks wealth, you must first role model a proper rule of law to them! Once you are a proper role model, then you can go in and begin to educate these principals. Education then brings desire and motivation. From that they will seek a proper form of money, and a proper form of government. Fortunately, Cryptocurrencies are the most proper form of money in the history of humanity, and it will spread to all societies in very short order.

HISTORY OF MONEY

Money has progressed over the history of mankind from shells, to beads, to bones, to sticks, to gold, to silver, to paper, to debt (paper, plastic, electronic).

All money systems throughout history have failed! ALL. Most people think that WHAT money is or isn’t is what led to its failure. This is complete nonsense!

What everyone must understand about money, is that it’s not at all about what it is, or what is behind it, but rather it is about WHO, and it is about how the quantity is kept under control!

GOLD & SILVER:

For those who are stuck on the “intrinsic value” of gold, let me point out that the “Roaring Twenties” (1920’s) was “Roaring” into a huge debt and margin driven bubble even though the dollar was on a “gold standard” at the time. The result? The stock market crash of 1929, the subsequent bond market crash, and WWII – millions of lives lost.

Gold has never had the quality of truly maintaining a constant value as prescribed. Be aware that Congress was forced to recast the ratio of gold to the dollar on several occasions – if gold worked to maintain value, then why was this necessary? President Nixon didn’t just willy-nilly take us off the gold standard for no reason – the actual reason was that the quantity of dollars to gold was rising rapidly out of control.

You see, gold simply does not have the ascribed magical power of being self-correcting as the Misses lemmings believe. In fact, if one looks unbiasedly at history they will find that gold as money or behind money has not only always failed, but those attempts have been the shortest lived attempts at money systems in history. Our own nation’s attempts at a gold standard have all been catastrophic failures and have actually not lasted nearly as long as the current debt as money system! Yes, the current debt money system is actually better for humanity than a gold standard!

Do you know what form of money was longest lived? The Tally Stick! Tallies were first used well prior to the birth of Christ, and have been used by many civilizations around the globe, including in China. England adopted the split Tally Stick around 1100 A.D. under the reign of King Henry I. That system was in continuous use until 1826, more than 700 years! No gold as money system has lasted even a fraction of that time, although the fantasies of “intrinsic value” myths live on.

In the United States we have had many different money systems that have come and gone! But our Constitution says that, “Congress (your elected representatives) has the power to ‘coin’ money and to regulate its value.” Nowhere is there permission for Congress to give this ultimate power away – yet they illegally gave it to a tiny group of individuals with the signing of the Federal Reserve Act in 1913. Not coincidentally, the IRS Act soon followed – both written by the banks for the banks. This was the ultimate act of Treason as giving away this power usurps all the other checks and balances built into our Constitution.

The definitive book about this event is called, “The Creature from Jekyll Island.” If you wish to learn about how this true conspiracy happened, and you should, then it is a must read. The creation of the fake and phony “Federal Reserve Bank” is spelled out, it is not “Federal,” it has no Reserves, and it is not a bank. What it is will really surprise you if you are not aware, same goes with how our money is created.

This event is what I call a “history supernova.” Most systemic flaws can be traced back in time to this point. Those time arrows point directly at 1913. Throughout history, improper money systems have led to quantities that spiral out of control. This impossible math can be found prior to ALL of the world’s great conflicts – it is, in fact, the root of most conflict. When one party feels cheated or abused, then it will eventually lash out. These real human emotions are a part of human nature and thus nature. Those who think money is just some sort of unreal game are very mistaken – the impossible math does matter in reality.

Just before and after the turn of the 20^thcentury our country deeply debated what our money system should be backed by. In the year 1900, L. Frank Baum wrote an allegory of this debate called “The Wizard of Oz.”

In the original book Dorothy’s slippers were silver. She walked along a yellow brick road (gold). Her journey to Oz is where she learned about the “man behind the curtain.”

Today, most people have no idea that Baum was actually weighing in on the money debate – a debate that is really about WHO it is that gets to have the power and control over everybody else – it’s more about the man behind the curtain than it is about silver or gold – those are false arguments created by that man!

Debating what money is has always been a false debate as the only correct rule of law is to have a money system that does not favor one person or group of persons over another.

So, regarding gold or silver as or behind money, that is a red herring argument – in a monopoly of money (by decree) it is WHO controls the quantity that is important, not what.

But then along comes Cryptos… this is the universe breaking the monopoly on money to bring humanity free and open money competition – This, I believe, is how nature intended as the decentralized, competitive nature of Cryptos fits in with nature beautifully, it is attempts at control that do not.

Competition is wonderful, it brings choices. You will be rewarded for choosing “money” that keeps its quantity under control, and you will be punished for holding those that do not. But you now have a choice, the monopoly has been broken, and we will never again need or want a “man behind the curtain!”

FRACTIONALIZATION:

Well before the time of Christ, both the Jews and Chinese learned that they could “fractionalize” gold. They would store it for others and issue a “gold receipt” so that the owner could come back and claim their gold. They reasoned that if only a few people at any given time actually claimed their gold, then they could take the rest for themselves or they could lend it out at interest. Of course all the gold receipts added up to far more gold than they actually possessed.

What we fail to talk about today, because fractionalization is today’s standard around the globe (and worse with derivatives and other “financialization”), is that this practice is STEALING. It is not a moral act, it does not conform to a proper rule of law. Why? Because it gives those individuals who use this practice an unfair advantage over those who cannot. A proper money system does not advantage one over another. Again, this is something that is entirely possible to do, yet history to date has not truly had such a fair and equitable system – ever, until now with the advent of Cryptocurrency.

Today’s system of debt as money is infinitely fractionalized, derivatized, and is nothing but pure fraud and fluff. You see, for any money system to last over time the QUANTITY OF MONEY must be kept under control. No system has accomplished this throughout history, especially gold as money systems.

Don’t get me wrong, I own gold, although I wish I didn’t have to. I hate what getting it out of the ground does to the environment – look at mines in Africa, or do like me and go to Dawson City up in the Yukon Territory of Canada and you will see what gold mining leaves behind – you can’t miss it.

I own gold because those who manufacture dollars cannot keep the quantity anywhere near under control, and until recently gold, property, and other inflating “tangibles” have been the only defense. If the growth in the quantity of money exceeds the growth of the population, then each unit of money will become worth less over time. Thus, the creation of excess money STEALS value from those who hold such money – another immoral act. Those who work hard and labor for their money are forced to spend it quickly or have it stolen from them over time.

Today’s economic statistics are also 100% fraud and fluff! No, I’m not some radical mouthing off, I base this factual statement on years of study and knowledge. You see, when one’s measurement is dollars, then one cannot possibly measure anything “real.” Yes, “production” rises year after year. How do we measure production and productivity? In dollars! But does that mean that we’ve made and sold more goods and services, or does it mean that we’ve produced more dollars?

Hard to tell without knowing more, is it? So our government tracks “inflation” and uses those numbers in what’s called a “deflator” to make the growth numbers “real.” But they are NOT real! The numbers have been massaged and manipulated over the years to the point that today they have no recognizable connection to reality. That is the cold hard truth.

DEBT DOLLARS MUST GROW IN QUANTITY OR DEFLATION OCCURS:

When one measures in dollars, they are not measuring reality. Speaking of not real, those who pay attention to today’s dollar index are even further from reality as comparing one mathematical nightmare to another is like comparing one shade of black to another. It doesn’t mean anything to real people.

The debt dollar numbers are laughably impossible! They have been impossible for decades! So much so that politicians, bankers, and stock market hucksters won’t even discuss it. Being “conservative” doesn’t today include any inclination to balance any budget (we all know it game over already).

A government cannot pay down their debt levels in a debt as money system, or they create deflation! If all debt was repaid, there would be no money! So the system as designed was doomed from the start – that was intentional, and those who created it, those who exercise power and control, know this, and have plans for the future. A future in which what money is will change, but the WHO behind it, in their eyes will not (this is Ripple and other coins embraced by banks and credit card companies).

FIAT means “by decree.” That decree can come from a King or from a “democratically elected” government. Thus all money to date has been fiat, even the supposed gold standards. Do you see where I’m heading with this? It will become clear soon.

MONEY IS ABOUT POWER AND CONTROL:

Those who produce it can then use it to buy their own rule of law. They make more of it to bribe those who seek office. They use it to buy judges who rule on behalf of their own interests. Those who control its production then wield their power like the sword of Damocles over those who they have made dependent on it.

Just look at how the U.S. today uses the Dollar’s reserve status to control other nations and people around the globe. And every power hungry sociopath who wishes to control the planet has jumped on board the game of debt as money production to control the non-sociopaths of the world. They reside in all the CENTRAL banks, at the “World Bank,” the B.I.S., the I.M.F., the U.N., the E.U. and act as most heads of governments. The non-sociopaths let the sociopaths who control money production spend unlimited money getting two of their equally sociopathic minions onto the ballot (one “left”, one “right” LOL), thus giving the non-sociopaths a choice of voting for two puppet lower level sociopaths who do not actually control the production of money, but wish to be as close as they can get to it!

The IMF is classic at this game of control – their founding charter required repayment for loans in at least half gold by the poor countries who were desperate enough to borrow from them. The IMF actually does NOTHING, their money is fake, it is created on a computer yet they demand taxes from those who work and payment in the form of gold. This is how the IMF, an unelected body, became the world’s third largest holder of gold. They then dictate laws and behavior to those who are “indebted” to them (illegally I would contend).

Those who are closest to the production of money prosper, while those furthest away suffer. That is the inequality of the current system, a system that illegally gave a small private group of individuals a monopoly over the production of our money system! It is why the .01% have the majority of the world’s wealth – it is the root of massive income inequality. This is exactly what Cryptocurrencies will change- the monopoly on money, is in fact, already broken! And this is why it is a history supernova that will benefit humanity!

The puppet politician sociopaths frame all the issues into left and right arguments, thus boxing in the electorate with a system that has nothing to do with “democracy” or “capitalism.” This while real answers to most problems facing societies today reside completely outside their box!

Those who create money from nothing, use that money to buy up the media and to fund all the spy agencies that comprise the “Deep State.” They produce the narratives, mostly fake, to incrementally move their ball in a more consolidated manner – that centralization gives them more power and more control, while leaving the populace with less power and less control.

This is ironic as the “globalists” who wish centralization will actually divide the world, while those who understand Freedom and Security know that decentralization, not centralization is the path to actually bringing the world together! If you wish to promote peace, end hunger, and raise living standards around the globe, then decentralization and Freedom are the answer, most definitely NOT “globalization” nor socialism! Seek a proper rule of law, one that conforms to nature, and society will prosper!

LIKE ALL THINGS, HISTORY MOVES IN WAVES, AND WAVES ARE CYCLICAL:

In their book “The Fourth Turning,” William Strauss and Neil Howe describe the 80 to 100 year cycle, each containing what can be described as correlating with the seasons of the year – spring, summer, fall, and winter. Many people have recognized such cycles, including the Kondratieff Wave named after Nikolai Kondratieff.

Yes, history and economies move in waves, as does everything. Yes, we have already moved into a fourth turning, a winter. This is a time of great turmoil, of rapid change. According to Strauss and Howe, this is likely to last well into the mid 2020’s.

But where they see social changes, I first see impossible math. I see accumulations of debts that simply cannot be repaid by productive efforts. Impossible, and thus doomed to fail.

Once the math begins growing exponentially, as it has now for quite some time, then the events of history begin to move faster and those moves become more powerful. To me, this math underlies the waves that are expressed in social upheavals, and eventually into wars.

Just look at every all-out war in history and you will find within the decade prior, the rise of impossible money math followed by the collapse thereof. The all-out war washes out the old mathematically failing system and brings in the new.

SCIENCE AND ECONOMIC REALITY

Those who are distanced from a correct understanding of nature and the universe around them will often fall prey to false narratives of all sorts! While technology has advanced dramatically, our understanding of the universe, of money, and of economics has not.

As humanity is set free from the fake narratives used to control us, a new understanding will emerge that will bring to humanity the next renaissance. This renaissance will be much more powerful than the advent of computers and the internet, it is a renaissance that would not have happened without them; yet it will be far more reaching and powerful as it is one that will use previous technologies as a springboard to disseminate a new truthful consciousness to our planet.

There are many false narratives in our current understanding of science, and I have a lot to say about many of them, but the point I want to get across here is that literally EVERYTHING is energy, and that all energy moves in waves through its respective medium.

Figure 2: WAVE FORM - All Energy Moves in Waves through its respective Medium

Understanding the waves, and what drives them, will help you understand the waves of the markets, of your own society, and of humanity.

Real waves are NOT like the two dimensional representation above! They actually are 3 dimensional, moving out in all directions from its source. Some waves combine to created larger waves, some waves cancel or diminish other waves. And a wave in one medium can and does influence waves in adjoining mediums! Think about how waves of wind create waves on the ocean. Waves in one stock, or in one currency can and do create waves in others – this is reality.

HUMANITY CAN NEVER RUN OUT OF ENERGY, differentials that drive the universe have always existed, will always exist, and they will always travel in waves!

Math can be used to describe these relationships, but we must be careful to ensure that we know and are aware when our math takes us from reality and into being fantasy.

While I can’t address everything about waves here, and I especially cannot address the flaws I see in science here, I hope that your curious mind will ask pertinent questions and seek to learn along the way. In future articles and interviews I will expand greatly, we should all have open minds and be aware that not all is as we are being led to believe.

ECONOMIC REALITY

When a debt money system first displaces something else, like a “gold standard,” the debt fuels true economic growth! This is because the economy has yet to be saturated with debt.

Thus, in the United States for example, saturation looked like this, where $1 of new debt produced this much actual growth in GDP:

Year	$
1913	$1
1955	94.3¢
2008	6.9¢
2010	-$1.75

Saturation occurs inversely with the buildup of debt as it begins to grow exponentially. Our economy was 100% saturated by 2009, so that each new dollar of debt produced actually created a negative return to GDP! Here’s what the chart with actual data looks like. I call it “The Chart of the Century” because it exposes the biggest lie in modern history:

Figure 3: Diminishing Productivity of Debt

Debt money has to lead to diminishing productivity! It’s a mathematical thing – a certainty. Business schools don’t teach this, economic books don’t discuss it, and you can bet your last trillion dollars that the central banks won’t either!

Debt also leads to a diminished velocity of money over time – the reason is simple. If everyone has debt that is getting beyond their income to service, then when that person, corporation, or government takes in money, that money can no longer be passed onto someone making something or performing a service! No, that new money HAS TO circle right back to the bank to pay debt. In this way debt is guaranteed to kill the velocity of money. In the chart below you can see that velocity has been declining ever since the year 1997:

Figure 4: Velocity of M2 Money Stock (Debt Dollars)

Again, while the “FED” will discuss velocity, the fact that it is clearly debt and debt saturation that kills it is never to be discussed (at least not in public).

Figure 5: The Debt Curve

Quantitative Easing and the purchase of bonds onto the “FED’s” balance sheet were their attempts to un-saturate the numbers! Of course it only hides the numbers for the time being, moves them from one seen place to a place where our accounting doesn’t track them – thus they give the appearance of backing away from saturation, but in fact the saturation has only gotten miles and miles worse – the deception has grown exponentially to hide what’s really happening.

In the end, no matter what, the certainty of impossible math means that our money system HAS TO CHANGE. Fortunately the universe has brought us the right answer! In fact, this answer is far better than anything I could come up with. The answer conforms to nature, and thus will likely survive the test of time.

WHAT CRYPTO IS ACTUALLY GOING TO CHANGE

What will change? Everything!

Now that the monopoly on money is broken, you most importantly have a choice. You can now store your productive life efforts in say Bitcoin that is strictly limited in quantity. If you need to purchase something you can trade a little Bitcoin for a more transactional coin like Litecoin, or any of the hundreds of others.

Your spending does not pass through middlemen, primarily bankers! It goes directly from one party to another. Bankers know they have already lost… thus they are now in the mode of “if you can’t beat them, join them.” And they are producing or supporting currencies like Ripple and hundreds more will follow that the banks and governments control. But beware, they will NOT be able to keep their quantities under control, and supporting them will not diminish their power.

That said, I WELCOME banks and governments into Cryptos with open arms! Why? Because their involvement helps to keep government regulators off the backs of Crypto Exchanges, and the banker produced BIG TIDAL WAVE of debt dollars would not otherwise flow into Cryptos. Bitcoin $1 million? Yes, but only with the banks involvement.

Thus I expect improper money to be exchanged over time for proper money. Owning Dollars, for example, that are made in unlimited supply, puts you on the losing side of the math! Owning Bitcoin puts you on the winning side of the math!

THE BIGGEST DIFFERENCE

The largest difference between a Crypto like Bitcoin and a debt money like the Dollar is this – if you work and get paid in dollars, those dollars originated to the benefit of a banker. As you work your life away, you get dollars, but the banker simply pushes a button to make more to replace them. This is STEALING from those who work, it is SOCIALISM for banks.

Now let’s say that you work your life away to get paid in Bitcoin – Since the supply is strictly fixed, when you EARN a bitcoin (or trade Dollars for it), you are taking that bitcoin from someone who CANNOT MAKE MORE OF THEM.

Get it? Being productive with your life takes money from someone else, thus your productivity diminishes the power and control of the person paying you. Not so with Dollars! And isn’t that exactly appropriate? You bet it is, this is THE most important change and is at the root of the revolution.

THE RENESSAINCE

The renaissance is coming because almost anything can be put into a trusted ledger or smart contract – and these are coming for literally everything.

Let’s start with proof of ownership – a trusted ledger will replace all forms of title and registration. No more title searches for buying a home, no more title insurance necessary. Goodbye DMV, hello registration on a trusted ledger. Goodbye checks that take 10 usurious days to clear, hello Cryptocurrency.

But wait, there’s more! Social media platforms – going to be based on this technology. Movies, music, videos, advertising, patents, copyright, software, all will reside on these platforms. In fact, companies doing this already exist – in the next few years you will see this revolution take hold. The impact is that those who produce anything will be able to cut out the majority of middlemen, systems will be faster, more efficient, and less expensive.

Banks, stocks, bonds, and all of Wall Street will diminish in power and scope. Old companies financed through these means and who have cozied up to the bank cartels will lose in the coming renaissance if they fail to embrace this. Those who do will prosper.

Politicians will be forced to instead cozy up to Crypto holders. But since there is no monopoly on any one, your ownership of a particular Crypto will be like casting a vote – what do you want to see succeed? Own it. What do you want to fail? Shun it, you now have a choice.

Almost every industry will change! From accounting to the production of milk, encrypted trusted ledgers and smart contracts will make them all more streamlined, more efficient, and more trust worthy.

Our consciousness will rise as those who produce and disseminate fake narratives will be defunded! Our true history will no longer be depressed, a true understanding of science and medicine will be free to come forward. With documents that cannot be forgotten or altered our history and our politics will be forced to document reality.

These changes are huge – and there are many more yet to come. To see how quickly they will come, lets’ take a look at how I think this technology will be adopted.

THE CRYPTO TECHNOLOGY ADOPTION CURVE

Cryptocurrencies are just now moving from the Innovation Phase and into the Early Adoption Phase.

Figure 6: Diffusion of Crypto Technology

Bitcoin was founded in 2009, thus it has been 9 years to get to the end of the initial Innovators phase. This 9 year innovation phase is comparable to other large technology diffusion – but I think the pace will quicken from here.

This is the perfect time to invest – the Innovator wave starts slowly and takes time. But with the Early Adopters, and the following Early Majority, the wave swells dramatically and the math compounds to create huge movement. By the end of the Early Majority phase the largest part of the investment opportunity will be over, as remaining growth will largely be priced in.

I believe that the Early Adopter phase could occur faster than other technologies. Why? Because it is 100% software based, there is no hardware (however it needs hardware to run on, thus the “internet of things” will help it spread as well). Think about PCs or smart phones. These were hardware and software based, but Crypto is only software, thus diffusion will occur faster.

So fast, in fact, that if you project the growth path of Bitcoin and the number of users obtaining electronic wallets, then the Early Adopter phase could be as short as only 2 to 4 years in length! That would mean that 30% of the population of the globe would own Cryptos by approximately the year 2020. By 2022 the majority of the world will be transacting in one crypto form or another. For this year, 2018, I expect more than 10% by the end of year, up from the 1.5 to 2.5% today.

For those trying to ramp up their investments by owning small tokens or participating in ICO’s – be aware. At some point during the Early Adopter Phase there will be a Discontinuity event!

Figure 7: Discontinuity Occurs in Early Adopter Phase

Think of the NASDAQ crash. In 1999 there were thousands of new technology companies promising all sorts of innovation based on the internet. The vast majority of them went bust in the year 2000 as the NASDAQ lost the vast majority of its value. There was a sudden shift, a discontinuity, as the technology matured – this shift washed out the weak players, and the technology matured with those who were leading technologies that weren’t necessarily the first. In fact, many of the survivors were 2^nd generation companies who were doing the original technology better.

This type of event will no doubt occur for Cryptos. So please don’t get too heavy with all your eggs in one place, the only thing certain is change!

THE MATH OF BITCOIN

The Bitcoin algorithm strictly limits total supply to 21 million. However, several million have already been lost, thus the actual total will be something less. At today’s 16 million Bitcoin, that is only 1 BTC for every 500 people on the planet! Think of it… only 1 in 500 people can EVER dream of owning a whole Bitcoin at once.

Now imagine the sum total of all the Dollar and Dollar equivalents in the world. That number is measured in Quadrillions!

So, for Bitcoin to have a price of $100,000, the Market Cap would be approximately $1.6 Trillion. Is that achievable? YOU BET. For comparison, the Market Cap of Gold is around $7.8 Trillion (ignore those who compare BTC, a currency, to the market cap of a business – they are not comparable).

For Bitcoin to have a price of $1,000,000, the Market Cap would be approximately $16 Trillion. Is that achievable? Certainly! Yes, I do think that will happen, in fact the math is growing at a rate that will put Bitcoin at that number by about 2020.

Will all the thousands of coins and tokens dilute the amount of money that goes into Bitcoin? YES. No doubt about it. Just the forks off Bitcoin will dilute it substantially, that is why I try to own equal numbers of the forked Bitcoins as I do Bitcoins! It may be that it takes the combined value of all the Bitcoins that have forked off to equal what Bitcoin would have been without them. But who cares? Own them all, and if you owned BTC at the time of the fork, then you got those coins as a part of the deal – that’s how I got my first Bitcoin Cash and Bitcoin Gold. This is another reason to own Bitcoin sooner than later.

Truth is that each forked version of Bitcoin will have different characteristics – some will be better transactionally, some will store value better. Which will win? Who cares when you own them all (as I think you should)?

CHOOSING THE RIGHT CRYPTO - STORE OF VALUE, TRANSACTIBILITY, AND SMART CONTRACT SCALE

Being limited in quantity is not the only thing that makes a particular form of money valuable – but it is the largest in terms of how it behaves over time. I would put Bitcoin, for example, as a 9 on a 10 point scale for behaving as a store of value. But it would only be rated a 4 for transactability.

Coins that are high as a store of value can be held much longer than coins that are highly transactable but low as a store of value.

Other Coins, like Litecoin, seek to be both limited in quantity and yet maintain transactability. Litecoin, by the way, will have 4 times the amount of Bitcoin, or 84 million max. That puts the ratio at 4 to 1. It’s currently trading at 60 to 1, so I think over the next couple of years LTC will outperform Bitcoin in percentage growth terms.

Some Coins or Tokens are not meant to transact as money so much as they are meant to carry digital work, or to act as a smart contract, or to simply provide a secure ledger. There is value in all those functions.

Then there are coins, like Ripple, that are produced by the Billion. They are meant to be strictly transactional, and work with banks and credit card companies. They have no fixed quantity – and thus they will NEVER BE A STORE OF VALUE. That, to me, means that it can be used only to spend immediately if a non-central bank friendly alternative cannot be used. Coins like this should NOT be treated as an investment for anything but the very short run. They will actively produce more to keep the value down and the transactability up.

Some examples of how I would rate each below:

So it becomes clear that as you look at each “money” option available at this time, that in terms of overall value the Dollar scores low, but all of the Cryptocurrencies score better – and thus their value is justified. This is a question many entrants into this space have – namely how is Crypto value justified?

Of course that table is just a sample. Look for more comparison tables like this from Cryptonomic Edge in the future.

Why did I not score the Dollar even higher in transactibility? Because while it’s easy to exchange in person, it is not so easy to move electronically, and when you do so, it is much more expensive than the other transactable Coins.

Bitcoin is expensive and slow transactionally, thus it scores lower transactionally, but its fixed quantity brings it up to the top of the scale as a store of value.

OMG I rate highly for their technology that will enable crosschain transactions and exchanges using plasma. Due to this I rate their business case strong, they will rise greatly in value due to this.

While Ripple is a good technology, its support of the current central bank system makes it something I won’t buy or support. I actually don’t begrudge it, however, as it is necessary for the banks to play in this space so that their unlimited quantities flow into the more valuable crypto space.

NATE’S THREE SIMPLE CRYPTO RULES

Rule #1 – Choose to Support Humanity.

Rule #2 – Know Your Math!

Rule #3 – Be Responsible!

Your crypto choices wield POWER! The choices you make today will help determine all of our futures. Your smart choices will hopefully help raise the level of human consciousness, or alternatively, your decisions will impede our progress! So let’s make wise choices together.

Today’s coin and token market reminds me very strongly of tech run up into the year 2000. At that time there were many startups using the new technologies of the internet. Then came the crash! More than 90% of those companies WENT AWAY.

That is going to happen in this space!

There is a ton of great innovation occurring, but most simply will not make it, they will be flashes in the pan. So do not get too heavily invested in them, my advice is to follow Nate’s Three Simple Crypto Rules:

Rule #1 – Choose to Support Humanity.

Sounds easy, but even I get caught up in the excitement and lose focus on the ball. I’d say that my investment in Ripple was one – sure, it was profitable, but I was unwittingly supporting the wrong cause!

What makes that the wrong investment for humanity? Ripple, and those coins/tokens like it are working their hardest to integrate themselves into the existing banking world. Their founders see this as the road to quick wealth – getting in bed with the banks and credit card companies.

But think about. What will having crypto technology working behind current credit cards change? NOT A THING THAT MATTERS! Credit cards will still be bank backed debt, only the technology of the transaction will change. Who cares?

So who should we back as an alternative? We should back companies like LEND who will be lending crypto to borrowers at low rates without the current system’s controlling ways.

We should support Cryptos like Tron (TRX) who will turn Google, Facebook, and Apple upside down. Tron is working to move all creative digital work onto a trusted ledger where there are no middle-men controlling what gets published and taking a usurious cut from those who actually produce the work (see how this revolution is going to change the old power base?).

Why not support companies like OmiseGo (OMG) who are developing Plasma technology that will lead to direct peer to peer token trades, even for non-like tokens and coins? Is that not the pursuit of Freedom? I think it is! And I support it by owning and holding OMG, and I’ve already been financially rewarded! That’s how this works.

Beware, that technology used by retailers will mean that you’ll be able to use any token or coin to purchase anything you want! You will not need a credit card or bank money! If the retailer wants, they can then use that technology to instantly convert to whatever they choose to hold, or whatever they choose.

There will be credit Crypto! If you choose to go in debt to purchase things and services, then yes, you will be able to borrow in Crypto, you already can! But again, you will have a choice in who to support with your business, and there will be no middle-men!

The areas that will be changed by this revolution are way more widespread than most currently think. It will affect every person and every industry. PLEASE CHOOSE TO SUPPORT EACH OTHER, choose to support overall humanity, and not greedy sociopaths. Say NO to bank and government sponsored Cryptos!

The great thing is that YOU NOW HAVE A CHOICE! It used to be that you could only choose to use central banker debt money. Now you can choose, so choose wisely. You can earn, spend, and move “money” around the globe almost instantly and at little cost. Why use banker or government money at all?

I will personally choose not to whenever I can, and will only use their “money” very temporarily when I have to. I will avoid owning things that are priced and sold only in dollars – as many countries around the world are also doing. They are moving away from the failing Dollar.

Some Cryptos will be a store of value, others will be transactional. You now have a choice and that is wonderful! But with that freedom comes responsibility to learn it, and to wield it wisely, otherwise we all could lose the freedom humanity deserves.

So what if some sociopath creates his own Crypto and uses it unwisely or in a damaging manner?

You have a choice, use something else! See how freedom works? Freedom places a check and balance on bad actors because you are free to use some other form of “money.” Right now the government and central controllers think differently, but they have no choice, no say. Yes, they will resist, but that resistance is already checkmated by this technology that they cannot stop – their controlling ways have already failed and aren’t coming back.

What happens if your government “outlaws” the use of cryptocurrencies or exchanges?

Most exchanges are going to go away regardless, due to Plasma technology anyway. This is the same technology that will trump governments and any “centralized” attempt to stop this revolution. Governments and central banks cannot stop them, nor can they control them. Most people will simply choose to ignore such dictates as they go against the freedom seeking will of humanity. Laws that do not conform to math, nature, and human nature always fail – it is those unnatural “laws” that are truly illegal. No, they will not shut off the internet - that will also lead to their loss of control. Either way, they have already lost control, humanity wins as power and control rightly returns to the people.

Choosing the right Cryptos should increase freedom and thus true security will follow. Choosing the right Cryptos will lift our consciousness and will help bring reality forward. Please know WHO you are supporting, and choose wisely! By choosing to support those who support freedom and decentralization, you will be choosing to support humanity!

Rule #2 – Know Your Math!

It’s simple. Since you now have a choice, do you choose to support a coin or token that has endless supply, or one that is strictly limited in supply?

I hope the answer is obvious. Always know about the supply and the timing of coins and tokens – also know how many the founders are holding. If you don’t know, don’t own them, you have a choice!

For example – if you choose to put your earned dollars into a crypto, would you rather have one that is strictly limited to 21 Million coins, or one limited to 10 Billion? Again, that one should be easy to answer.

At this time, there will only ever be just one Bitcoin for every 500 people on the planet! That scarcity puts the math on your side. As debt based “monies” around the globe are created in unlimited quantity, they flow into Bitcoin, thus pushing the value of Bitcoin higher and higher. Its price is not the bubble – it is simply a mirror to the true bubble that is the Dollar. Unlike tulips, and even unlike gold, its math is strictly limited, so why not put the math on your side?

Bitcoin is a store of value coin, not a transactional coin, those who complain about this simply aren’t aware that they now have a choice in money features. Bitcoin will potentially live into infinity, and it can even be sent across space.

How about coins that are not limited in supply, like Ethereum, how can they be going up in value? Transactional coins do have value! If they are in high demand, like ETH, then value rises. But can they ever be as valuable as say Bitcoin? I think not, so be careful. ETH may be the backbone of new tokens today, but will it be in the future? I bet not, I’ll bet the technology changes.

Do not invest in coins or tokens that are not “mined” into existence over time. Any ICO that floods the market with massive upfront quantity should be avoided holding for any length of time.

When making a choice of Cryptos, please choose to put the math on your side. Only touch momentarily those that do not.

Rule #3 – Be Responsible!

Going forward, you will be 100% in charge and responsible for your own money actions! Isn’t that appropriate? It is, it is why all centralized concepts, like socialism, fail. They go against human nature as responsible, productive people will not tolerate forcefully donating their productive efforts to those who are not!

So, you must educate yourself and you must pay attention as changes are occurring every single day in this space. Yes, you can be taken advantage of! And you will be unless you work to become aware.

Know what safe storage is and what it is not. Keep as much off of exchanges as possible. Know that when you are trading on an exchange, you are not creating an entry in any coin’s ledger, you are in fact not trading any actual coins or tokens at all! Take possession of actual coins and tokens when you can, and store them as safely as you can – this is an entire lesson in and of itself, one that everybody must learn (this is what the Mt. Gox debacle was really all about (not just a hack) – the exchange did not have enough actual tokens to cash out those with deposits).

TRIPLE CHECK whenever you are sending Crypto anyplace or to anyone. You can lose it if you’re not careful – the most common way is to send it to a non-compatible wallet that doesn’t recognize what you just did.

Choose low cost transfers and trades when possible. Transaction costs, even though they are substantially less, can still eat away your money over many transactions.

If you found this paper worthwhile, please share it with others, and if you can please contribute to future papers by sending whatever fraction BTC you value this! I write for the sake of humanity, but it helps keep the site going, thank you!

BTC DEPOSIT ADDRESS

1MuAbfYcraLPEtxYUhvUsUxMYRQDXAfPgC

Weekend Crypto Update – Bitcoin $13,800 195 Times and Counting!

noreply@blogger.com (Nathan Martin) — Sun, 14 Jan 2018 14:43:00 +0000

Bitcoin and most Cryptocurrencies continued with their sideways consolidation over the weekend. I’ve been noting how many times $13,800 has been crossed in this Triangle, that count is now up to 195 times, and it looks to go still higher since we’re currently underneath:

Sideways patterns eat time and frustrate people who are looking for movement.

Two of the largest Alt-Coin exchanges, Binance and Bittrex, are both still closed to new accounts. I think this is likely throttling back the flow of new money into the Alts, and thus by and large they are consolidating too, but we do see movement – mostly money shifting from one Alt to another without the whole pond rising at the same time. Again, that’s what consolidation patterns do.

Humanity Rising – Bitcoin Protests in South Korea?

I think it fascinating that people in South Korea took to the streets to demand that the government stay out of their exchanges and Cryptocurrencies! Right on… as it should be. People should demand freedom to do with their money what they want. They do not need or want a nanny state who has a monopoly on money for the sole purpose of controlling the population. Governments, lest we forget, are supposed to work for the people, not the other way around.

Jan 13 Myeongdong Seoul, busiest part of Korea.

This is the mess former (impeached) president left Korea with.

Current gov't infuriated over a million people with #bitcoin trading ban fiasco.#Cryptocurrency market is fine. Fix the country first. Leave #bitcoin alone. pic.twitter.com/AEjmEACsbt
— Joseph Young (@iamjosephyoung) January 13, 2018

South Korea has fortunately backed off their exchange controlling remarks.

How Will Bitcoin and other Cryptos Perform During the Next Financial Crisis?

I’ve been giving this a lot of thought lately. I actually think we’re in a financial crisis now! However, this time instead of a melt-down, we’re experiencing a melt-up. I think this is a wave of Dollars flooding all markets that has its roots in Quantitative Easing.

All those trillions of Dollars have been sitting on balance sheets, but now that the FED has begun rising interest rates, reducing their balance sheet, and tax incentives have been created to repatriate Dollars, they are now coming home to roost in a giant wave.

Also contributing to that wave is the diminishing role of the Dollar as a Petro and Trade currency.

Remember that waves are energy movement. Differentials are required to create motion.

This wave will eventually crest as all waves do. When it does, asset prices of all types will begin to fall. Falling asset prices create a “flight to safety” initially. What usually benefits during the first phase of a flight to safety? The Dollar!

People rushing to get out of now deflating assets must first sell them for Dollars. They later then convert them to assets they think are then cheap.

Assets like gold, and I’m thinking Bitcoin and other Cryptos, are likely to enjoy the flood of money during the melt-up, but once the wave crests could be sold to meet other obligations – usually debt obligations.

So I don’t necessarily agree with those who “Hodl” Bitcoin (Hodl is Crypto slang for hold). I think it’s entirely possible to watch key exit and entry points, and to swing in and out of cash and/or Cryptos going down the least, during times of market turmoil.

It’s wise to think about how you’re going to react once this melt-up wave crests! Personally, I don’t get emotionally married to any asset – I thus swing in to seek growth, and will just as easily swing out to protect the gains I have. Hodl is a valid strategy, however, it’s all in what you’re personally comfortable with.

Nate

The Impossible Math is Roaring - Can you hear it? Dollar Dumps, Bitcoin, Silver, and Gold Win in that Order!

noreply@blogger.com (Nathan Martin) — Fri, 12 Jan 2018 23:04:00 +0000

Wow, the phony stock market rose 200+ points yesterday, 200+ points today! That’s .8% a day, pretty impressive! That is until you consider that gold rose 1.9% during the same time period, or that silver rose 2.5%!

Yes, Bitcoin is moving sideways, for now, but don’t think for a second it will stay that way.

The mainstream says that stocks are going up due to the new tax plan. Gee, hasn’t that been the excuse for the last 8,000 DOW points? They say that the E (earnings) is going up, and that price has to catch up, LOL. Is that what’s really going on? Or is it that we are just making the impossible math worse?

The "right" scoffed at Obama for doubling the national deficit from $10 Trillion to $20 (I scoff at everyone who doesn't 'do' math)! That’s a double in 8 years (and it’s a lie because it doesn’t count the $5 trillion on the Fed’s balance sheet, nor the bailout of Freddie & Fannie, etc). Then the math challenged came out and said it likely that the Trump Administration would add another $10 Trillion. Oh no it won’t… it’ll be MUCH worse than that, it has to be!

I said "unlikely" to that math, and now I’m already being proven correct. You see, to achieve the same feeble growth of the Obama Administration, one would have to maintain that 8.75% rate of debt growth! And if they do, then the deficit will DOUBLE again in the next 8 years! It doesn’t matter who the president is – that means the minimum the deficit will be in the year 2025 is $40 Trillion, not $30 T.

But it’s going to be worse than that! And if we weren’t lying about it so much, it would be way, way worse.

Just today we learned that our nation’s trade deficit WIDENED… severely. Remember how Trump said he was going to reel this in? The opposite has happened so far. Not a knock on him, again it doesn’t matter who the President is or even what they do.

Not when you have impossible math like ours! The bad math is growing exponentially. Remember, almost all of our money comes into existence as somebody’s debt. If you were to pay it all back, there would be no Dollars, no money, no economy at all! So the growth in the deficit cannot even slow in growth at this point, or the economy will suffer. Yet at the same time because the numbers are growing exponentially, the economy will suffer!

See how that works? If I were in an airplane, I’d explain that it’s very similar to the dreaded “Coffin Corner,” where if the plane goes any faster the shock waves cause it to “tuck,” and if it goes any slower it stalls (faster or slower results in a lower altitude). That’s where we are, welcome to Impossible Math.

There are many signs of the Dollar losing its dominance in the World. Remember the Dollar chart I showed the other day? It showed a Head & Shoulders telling me it was about to drop strongly, and here you go – the current Dollar Index:

Keep in mind that this is the fraudulent dollar basket that compares the Dollar against all the other failing and fraudulent debt monies.

Here’s the Gold Chart – we have just begun wave 3 of 3 up! This won’t even be the most powerful move, as wave 5s up in precious metals are the most powerful:

So what’s really happening? The reaction to the Impossible Math correction of 2007/2008 created a tsunami of worthless debt dollars that flooded the world, but have mostly sat on central banker balance sheets and in debt instruments the world over.

Now that the U.S. has begun raising rates, this has created a huge differential that is literally energy – the massive ocean of Dollars is the medium through which the energy flows. Right now that energy is flowing away from the hidden locations, and is finally moving into other “assets” seeking growth. Energy likes energy, it seeks it out. Energy causes growth! Add energy to anything and it grows! You, me, the planet, the money supply!

That’s what is happening, it’s a tsunami of debt money. Bitcoin and the cryptocurrencies are going to be BY FAR the largest recipients of those dollars. Silver will outpace gold in percentage growth terms, but gold will come in a strong third. Nothing will be close to the Cryptos for growth.

Now let’s talk about government intervention...

The South Koreans have backed off their previous controlling Crypto statements and now say that no such thing as Exchange closures are likely, and certainly not anytime soon.

Then today our own Treasury Goldman Puppet, Secretary Mnuchin, says that they don’t want to see Bitcoin be like Swiss Banks who hide account information! “We want to make sure that bad people cannot use these currencies to do bad things.”

LOL, OF COURSE NOT! Because, you know, no one has ever done “bad things” with the Dollar, have they? What a joke, not even a man behind the curtain, there is no curtain anymore.

What they really want is to control everyone and everything. And to profit from your life energy.

Guess what? All that centralized control is coming to an abrupt halt. Yes, bankers and governments are going to do what they can, but what they can is almost nothing – they have been check-mated already, humanity is moving beyond them.

Look for TRUTH and FREEDOM to prevail – in the next few years you are going to hear a ton more of it than ever before. The fake narratives will end as good people, who know right from wrong, wrestle the fake narratives, and those who create them, from the system. This is a great thing, but it will not be pain free.

BITCOIN UPDATE:

It has been a quiet day on the Crypto front. Yesterday, Bitcoin came back down to put a double-tap on the Triangle’s ascending trendline. It then rose and has been hanging out all day around the magical $13,800 area. This area has been crossed and re-crossed so many times in the past month that I can’t even count! Again, that type of action is typical of a sideways formation. Here’s the big picture Symmetrical Triangle, one more time:

A word of caution: If BTC price were to break that lower trend line, then it would be quite bearish. That's not my thinking, but it is possible, so please pay attention to it. Right now it means that if BTC were to drop significantly below $13,000, then more selling could occur.

To complete that triangle on the bullish side, we need only go up to touch the upper boundary, then we’ll likely pull back a little and then break through it. The tip of the triangle occurs on January 25^th, so I think it highly likely we’ll break above it sometime in the days prior to that date.

Sideways patterns like triangles eat time – they are a respite in motion, a gathering of energy. That energy will release as that upper trend line is broken.

STOCKS:

Stocks are clearly in melt-up mode. Again, this is 100% only due to the destruction of the value of the Dollar. Stocks and earnings are measured in… Dollars! The supposed earnings are near all-time highs, but the truth is that if the same pre-2008 accounting GAAP standards were applied, it would be clear that the current valuation of the stock market is much higher than at any point in history!!

Does that mean that collapse is imminent? No. Every country in the modern history of the world, that has a stock market, has been the highest performing in terms of percent stock market “growth” when their currency is in failure mode! Zimbabwe, Venezuela, Argentina… all had the world’s best performing stock markets! THIS IS WHAT FAILURE LOOKS LIKE! Don’t think I’d want to own that…

Best,

Nate

Crypto Update – Symmetry Lost, New Symmetry Found… Luke, Did I just feel a Ripple in the Force?

noreply@blogger.com (Nathan Martin) — Thu, 11 Jan 2018 21:56:00 +0000

*Note for readers of the Crypto Updates - please go to Cryptonomicedge.com and sign up for email on that site. Some Crypto updates and information will not be posted to the Economic Edge site. The email sign up is found in the right hand column of the Home Page. Also, feel free to click on the expand chart blue button on the new interactive chart just above the email form. Once expanded there are several Crypto charts that can be accessed, and I can add more with good input - thank you.

UPDATE: After breaking the wave 2 downtrend line and then perfectly entering the “fork” I’ve been showing, upwards momentum was beginning to gather steam, and then…

South Korea, whose Justice Department previously announced they were seeking new legislation to ban Crypto exchanges, combined forces with their Tax officials to raid a couple of the largest exchanges gathering evidence of tax fraud.

This, by the way, is straight out of the Controlling Sociopath’s Play Book – make an example out of a couple of “tax cheats” in order to scare everyone in line. Definitely the controller’s stick approach. I have a lot to say on taxes – like that a true sovereign nation doesn’t need them and in fact shouldn’t have them at all! I know that sounds radical to everyone who practices coloring within the lines, but there’s a lot of history and reason as to how this is an inappropriate rule-of-law. I’ll go over that more in future writings.

This morning the South Korean Ministry of Finance came out and said, “We do not share the same views as the Ministry of Justice on a potential Cryptocurrency exchange ban.”

Personally, I think that it won’t matter in the end. Cryptocurrencies cannot be stopped. But they can be slowed by not allowing people to put their worth less and less debt money into them. While no real action occurred, I do think it affected the psychology of the market. It put a damper on it, and for those who are watching it, like me, you could sense the energy drain.

Yesterday that caused a mini-crash as prices tumbled out of the channel and back down to what was a wave 2 downtrend line.

That descent broke the symmetry we’ve been following, and also destroyed my count by making a new lower low, which came after making a new higher high. That’s unusual, to say the least.

And something else changed – what had been a relatively easy wave count, is now suddenly very difficult. It is hard to clearly count either the up moves or the down moves. Also, the up moves all of a sudden lacked impulse – something that should not be happening if we were, in fact, in a wave 3 up. The other clue here is that the momentum and energy seems to be shifting every few days – back and forth.

When that happens it usually means that the market has entered a sideways pattern. So I cleared my brain, and the chart of all my analysis and looked at it with fresh eyes now that a strange new low entered the picture.

What I found is actually a nice new symmetry – perhaps that’s what was happening all along, or perhaps the pattern morphed – both can happen. In either event, what I now see is a very clear, and very large, symmetrical triangle – Please view the chart below and read the notes I added regarding this formation:

This is actually a very well formed triangle. They are coiled springs, storing energy for the next wave. The direction into a triangle is almost always the direction out of the triangle, so it should break upwards. However, if it breaks below the bottom boundary shown on that chart, which as I type is not very far down, then I am going to exit my long BTC positions immediately. If it regains that line, then I will reenter. Should that bottom boundary break, it would be very bearish, triggering potential big Head & Shoulders patterns that are quite a bit lower than where we are now.

But if prices rise back up to touch the top of the triangle as shown, then I will be pretty comfortable in the symmetry of that triangle. Right now, there is a distinct lack of upside energy – and that lack of energy is strongest while the Asian markets are open (so I am weary about tonight).

This pattern, if correct, will play out more slowly than the previous pattern. It will have to break one way or the other sometime the week beginning January 22^nd, so it could push back recovering to old highs until sometime in February.

I do think there are big players who hold Bitcoin knowing its potential value – they will not let go. And that, hopefully, will keep a floor on the market as the weak hands exit. I’m neither weak nor strong – I use analytics to determine potential direction. Right now the fundamentals say that BTC is going to win the battle, it’s a math thing. Technical Analysis is saying a sideways formation is occurring. Psychology is a little bit negative right now, so sideways we go until proven otherwise.

A Ripple in the Force?

A Ripple In the Force?

Yes, I believe so! This morning it was announced that Central Banker favorite, Ripple, has made an agreement with MoneyGram through a new service called xRapid. They site Ripple’s fast speed and low fees as a reason for partnering with them.

But again I’ll ask – what does that do for the everyday person? The consumer? I think very little.

But what does it do for them? It gives the banks another currency that they can use to draw money away from Bitcoin and the other truly beneficial Cryptos with. It also simply gives them another money factory where they can crank out an endless supply of tiny, little, fast, Ripples! That makes them wealthy, while in the end will make those who hold Ripples poor – sound familiar?

My advice, run from Ripple like the plague – it is NOT a store of value coin, and it will not benefit humanity. Thus look for it everywhere the current seated power plays…

Also, while Ripple was a good play from ten cents to three dollars, it will never be a big dollar coin. In fact, if the price of Ripple gets too high, look for the central controllers to devalue it by making more. They will do this because they want a low price, fast transactional Crypto for the masses.

Massively avoid it if you can.

A good alternative in the same space as Ripple? Try Stellar Lumens for an investment in humanity – they are the anti-bank transactional counter to Ripple – it has room to grow in price, it is open source – not centrally controlled, and it is community owned, not sociopathic owned – meaning that the incentive is to grow in value, not in quantity.

Did you feel that Ripple in the Force? Be a part of the quiet revolution and shun bank anything… humanity will be rewarded for your efforts!

Bitcoin Breakout – Wave 3 Underway, and Why I Am Buying a 5 Year Put Option on Berkshire Hathaway!

noreply@blogger.com (Nathan Martin) — Wed, 10 Jan 2018 23:13:00 +0000

That Bitcoin chart is so beautiful! Wave 2 down was one of the most symmetrical waves I have ever seen. For the past couple of days I have been showing the wave 2 count, wave 2 downtrend line, and the associated “fork” that I have been projecting. I showed how each b wave perfectly touched the mid points of my projected fork channel…

This morning the final wave down occurred, and it looked like we would slide past the fork, but at the last second heavy buying came in and ran prices EXACTLY at the point that the fork predicted. In my Bitcoin chart below, you can see that it touched the corner, completing the beautiful wave symmetry discussed in prior articles!

With that broken downtrend line, I am pretty certain that wave 3 up has begun. The time is now proportional to wave 1 up, we are getting 5 wave up moves, and now to confirm this is the case we need to go on to make a series of higher highs and higher lows.

If you look at the bottom of that chart you will see the macd and momentum indicator. I drew in a red line showing the positive divergence associated with this move. For the last day I have been seeing positive divergences, clues that the downtrend was about to end.

Once again, I think that Bitcoin challenges the $20,000 high sometime near the end of this month – if my wave count and projection are correct, it’s definitely the best time to buy. Wave 3s are the most powerful up moves, so buying in at the end of wave 2 is the best entry point there is – Right Now!

WHY I’m Buying a 5 Year Put Option on Berkshire Hathaway!

This morning Warren Buffet opened his mainstream manipulative mouth to announce that “While he doesn’t understand them, if he could, he would buy 5 year puts on all the Cryptos!” LOL, I love talk like that, it was only yesterday that JPMorgan Chase’s CEO, Jamie Dimon, took back his Bitcoin is a fraud comments, saying that he now sees Cryptos as legit, and regrets making those comments!

Not only did he not understand this space, but his career, self-esteem, and livelihood depends on propping up the old, usurious system! Now he gets it? I doubt it, if he did, he would leave JPM, and start his own Crypto exchange!

Regarding the “Oracle of Omaha,” there has never been an investor that I know of who talks his own book more than him. News flash for Warren Buffett, it is all the old world businesses inside of Berkshire that are going to be worth less 5 years from now than they are today! Bitcoin will be worth vastly more than today, and I’m willing to bet Warren 1 Bitcoin against 1 share of Berkshire, that 5 years from today, that Bitcoin will be worth more than that share of Berkshire! I’m seriously calling him out with this wager, if anyone can get this to him, I’ll stand by it.

What he doesn’t yet understand, but will, is that nearly every business he owns will be will be turned upside down by new business ventures centered on this technology. And businesses who don’t get on board are simply going to be left behind.

He also doesn’t get that the only reason his mainstream stocks are worth so many dollars, is that they and the profits in the companies he owns, are measured in dollars! It is the Dollar that is the bubble, Bitcoin is a mirror reflection of the overproduction and improper rule-of-law underpinning those Dollars.

Also going away will be his undue corporate influence on government and his ability to win laws and political gestures in his favor. The world is truly about to undergo one of the most profound changes in human history, Warren can catch up later – I’m looking forward to my Berkshire share, even if it will buy only a fraction of a bitcoin in the year 2023! I’m off to buy a 5 year put option on Berkshire!

I’m dead serious about that bet…

Nate

Coolest Symmetrical Wave Chart!

noreply@blogger.com (Nathan Martin) — Wed, 10 Jan 2018 01:21:00 +0000

Since my last update, prices moved down to perfectly strike my target of $13,800. That could be it for wave 2, we’ll know for sure by morning.

Yes, there is an ugly Head & Shoulders potentially in play if the neckline breaks, I’ll show that tomorrow.

What I want to show for this post is the beauty of waves!

As I stated in the previous update, waves have a center point – that is the middle of the channel through which the waves travel through time.

Time, by the way, is NOT a dimension! Time is NOT a frequency (frequency is frequency!)!
Thus your watch does NOT tell time, it tells frequency!

Time is: The relative position, energy state, and motion vector of everything in sequence relative to one another – all matter, and all energy that is not in the form of matter.

Thus time is a sequence, not a dimension, not a frequency. This is a HUGE misunderstanding of modern science with BIG implications that I’ll go into when talking science.

Take a close look at the chart below. You’ll see this is all of wave 2 down – two sets of ABC’s with little counter abc corrections in between. Since wave 2 is all ABC’s we know that it is likely a corrective wave.

Also note in the chart the colored “fork” that I put on top of that “magnetic uptrend line.” Now not the symmetry here of wave 2 down – Both “b” tops touch perfectly the middle of each half of the channel. The begging and middle of the wave actually forecasted the end of the wave before it ended!

If this is the end of wave 2, then I will be delighted if prices then move up the fork as it becomes a channel higher. It’s a lot steeper in the upward direction than it looks here – the slope of that channel is targeting $20,000 by the end of the month, assuming our wave count is now correct again.

If prices break that downtrend line, then we’ll know wave 3 has likely started.

The fooling part of wave 2 is that there’s a small H&S and a bigger one – but if this wave count is right, they will not play out as Head & Shoulders, but we’ll stay on guard.

Just think the symmetry is cool. Will be fun to see price movement from here.

Nate

PS – yes, Nate has a nerd side if you didn’t know already…

Crypto Update – Bitcoin Bulls, It’s a Matter of Degree!

noreply@blogger.com (Nathan Martin) — Tue, 09 Jan 2018 23:16:00 +0000

Yesterday I said, “Time to buy Bitcoin with Both Fists!”

Well, today I’m saying that’s still true, but I think my call was about a day and a half early!

When counting waves, sometimes it’s difficult to know what degree the waves are. This is because each and every wave is itself comprised of smaller waves, while simultaneously it is also a part of a larger wave. So, it truly is a matter of degree!

One clue that I was early yesterday was when I noted that wave 2 happened faster than expected. I now think that’s because wave 2 was only half over, it needed an equal amount more time – and that fits better with the time length of wave 1. Wave 1 up was about six days. My thinking was that wave 2 should be about half that, or a little more. That would make wave 2 three to four days long – it could finish tonight.

Also, we did break the (a) wave downtrend which was saying that the trend had finished. But in fact there was a larger downtrend line that made itself clear today which the two halves of a larger ABC are following downward.

If this is what’s actually occurring, then we should bottom out in the next day or so, and at a target where the length of the last c wave is equal to the one prior which puts it potentially at the $13,800 -$14,200 range.

Also, this wave 2 down is producing an outline for a potential “fork” path/channel higher once it completes. I think it coincides nicely with the “magnetic red uptrend arrow” I’ve been tracking. The more touched and bounces off a line, the stronger the magnetic force! This is what makes a channel and a "fork," the magnetic line is the center point – think about waves on an oscilloscope, the energy can only get so far from the center, then it pulls back.

Here’s a close in view of wave 2 and the updated count:

While I think this looks correct, there is also a rather scary potential H&S when I zoom out. It doesn’t look right because of the recent declines below what would be the neckline, but I can see how someone bearish could read this count in a bearish way. So we need to be cautious until the current downtrend is finished.

That’s what makes a market, isn’t it? Some can see a bear case, while others see a bull case. I’m pretty sure the bears are going to be wrong, but this wave 2 is certainly large enough to scare us Bitcoin Bulls.

Here’s a zoomed out view of the Bitcoin chart:

I know that very few of you are Elliott wave, candlestick, and Fibonacci experts! So please forgive the technical jargon. I do try to mix in education when I can, so today let’s talk about the three analytical components of any market, they are Fundamental, Technical, and Psychological:

1. Fundamental: This is the underlying reason why a market is traveling a certain direction. For example, right now all the markets are going up strongly. Stocks, Bonds, real estate, Cryptos, commodities – heck, everything. The reason is simple. Central banks around the world have created too many debt Dollars and other currencies. Thus when measured in dollars, stocks, real estate, Bitcoin, trade, profits, and well, everything measured in Dollars, appears to be going up, up, and up! But it’s an illusion – we are simply making dollars, and that gives the appearance of a strong economy, regardless of whether it actually is or not.

Also, since the Bond market was in a bubble, as the “FED” raises interest rates it causes money to flee bonds and go elsewhere. There were trillions upon trillions too many dollars in bonds! Heck, the Fed had nearly $5 trillion on its balance sheet alone! Higher rates make bonds worth less, thus people flee them – that money then flocks to stocks and other assets.

Another fundamental is that higher rate differentials cause dollars to repatriate to the U.S. It is differentials, after all, that are the root of movement and energy. By creating interest rate differentials, our Fed is causing dollars overseas to come back to the U.S. and again they flow into assets.

That’s THE fundamental driver – the overproduction of debt dollars. Bitcoin is simply a mirror of bad policy and what was an illegal (true conspiracy) event in the year 1913. In a nutshell, it boils down to the math that underlies it all (most can’t see how mathematical differentials are the root of all movements, that movement travels via waves – there are a lot of “experts” who will tell you that math has nothing to do with the movements of markets and they couldn’t be more wrong).

2. Technical – This is the reading of the expression of the math that fundamentally underlies it all. There are many techniques, each a lengthy topic of discussion. But Elliott Wave count is an important tool, one that all investors should understand – even if it is easy to miscount until you can see all the waves in hindsight.

3. Psychological – As waves move, so too does the mood of the participants within a market. Yesterday, I mentioned to watch the fear as Bitcoin descends steeply, but that fear will turn to euphoria as we get into wave 5 of 5 of 3! That psychology also is a driver of energy and thus waves. The psychology forces euphoria… the math grows until all the participants who can get into the market are. Math takes over because all the money that is available is in, there’s no more (unless the Fed keeps printing trillions!).

This means that by definition, the majority of market participants MUST be wrong when at wave turn points!

You, however, can be one of the few that is correct, by understanding how psychology drives waves; how the math of money underpins it all; while technical analysis gives you a window through which to view it…

Best to everyone,

Nate

Wave Mapping Says Time to Buy Bitcoin with Both Fists!

noreply@blogger.com (Nathan Martin) — Mon, 08 Jan 2018 17:59:00 +0000

Wave Mapping Says Time to Buy Bitcoin with Both Fists!

Over the weekend Bitcoin wave 2 down struck in full force. It followed the wave mapping I presented earlier almost perfectly. Time wise it was faster than expected, but it did retrace a perfect Fibonacci 61.8% of wave 1 up. Here’s my big picture chart:

Note how prices keep gravitating to that magnetic uptrend line (fat one with arrow)? When above, they fall. When below, they rise.

I believe we saw fear and capitulation selling volume on the really nothing news out of North Korea that they would enforce their laws regarding banks and Bitcoin. No kidding? Of course the media pinned this news for the selloff that we knew was going to happen already, as spelled out in the waves. Zero Hedge then proclaimed, “Cryptocurrencies Stage Dramatic Comeback After Flash Crash!”

Priceless! A great example of the psychology of waves. The media pins blame on whatever was happening at the time, then sees miracle recovery from “flash crash.” Of course readers here knew this was going to happen, and the H&S produced over the weekend gave me a target of $14,000 which happily coincided with the typical wave 2 Fibonacci 61.8% retrace. So I was 100% out of Bitcoin for wave 2, and profited playing rocketing alt-coins, then went 100% BTC on my target and what was obviously capitulation selling this morning.

So where do we go from here?

There will now be 5 major waves up for BTC. Bitcoin will outperform almost all other coins during this time. All the negative people talking about BTC not be a good currency, that it’s slow transactionally and expensive to move around. True enough, but here’s the deal… BTC is limited to a fixed quantity of only 21 million ever, and several million of those have already been lost!

Coins that come out with billions and are fast transactionally are great, but they will never be the store of value that BTC is, and they will not supplant BTC if your intention is to grow your money over time. So my take is hold BTC for appreciation as debt money implodes. Yes, we can trade alt-coins to make money, but individual alt-coins will only outperform BTC in the short run.

Does that mean others can’t have higher market caps than BTC? No. They can, but those transactional coins minted by the billions will never be worth what 1 BTC is or will be. Again, only 1 in every 500 people can ever mathematically own a whole bitcoin – that’s the math that simply cannot be ignored. So the naysayers are going to be eating crow as BTC makes a new primary high by the end of this month. Then the next target is the $40,000 range, I think, sometime in the first half of this year. And I’m sticking to my prediction that it will touch $100k before the end of the year, although may not finish there (and I do expect very large and scary 50% or more corrections along the way).

NOTHING MOVES IN A STRAIGHT LINE

Everything, and I do mean everything, is comprised of waves. Free markets move in primary and sub waves on many different levels of size. The primary direction almost always moves up in 5 waves, and corrections are 3 waves – ABC. Ever since the Bear market bottom at $10,400 we’ve been making 5 wave moves higher, and 3 wave corrections, telling us that the bear is over and a new primary uptrend has begun.

Waves are energy! Waves must pull back in order to have motion. If they don’t pull back, then they can’t move forward, they would be like a lake with a mirror smooth surface on top, no movement, no waves. If you understand the waves, then you won’t get caught up in the emotions of each, and you can observe them as an unbiased observer. This will lead to fewer mistakes and much higher profits.

I now expect wave 3 to start out rather slow, then develop speed and force as it proceeds. Why does it happen that way? Because as wave 1 up starts, it runs into the first small degree wave 2. Then it proceeds, then runs into a larger subwave wave 2. Wave 2s are the most powerful corrective waves, whereas wave 4s tend to be more flat affairs, all having to do with investor psychology (fear giving way to greed).

Once all the wave 2s are over, then wave 1 of 3 starts powerfully. Then wave 2 of 3 sets it back. Then wave 3 of 3 moves with the most force of all, shocking those who were still bearish.

As I type, we have a new V bottom, and are working through the first small degree wave 2. Things are going to move quickly as we start to get past all those wave 2s.

Watch the psychology of wave 3 progress. We have fear and a lot of naysayers now – including those who don’t do math who think Bitcoin is going to go to zero or that it’s a tulip! Those voices will give way in 3 of 3, and by wave 5 of 5, you will hear vast euphoria with a few more voices calling it a bubble.

The bubble talk will, and is already giving way to the correct understanding that the true bubble is the Dollar. This is the reason the stock market is melting up, it IS the “everything bubble,” and it is going to lead to a change of WHO is behind the production of our money! It is also going to change the power structure of governments all over the world, supplant banking as we know it, change how multiple industries operate, displace many old companies, and this technological wave will even reveal reality and raise our consciousness.

Bring on wave 3, I’m positioned and ready! Are you?

Nate