hedgeless_horseman’s E-Z Internet Guide To Safely Buying and Then Conveniently Losing Bitcoin in a Tragic Boating Accident

hedgeless_horseman’s E-Z Internet Guide To Safely Buying and Then Conveniently Losing Bitcoin in a Tragic Boating Accident:

“We fear what we do not understand.”

You may have read my ZeroHedge article, hedgeless_horseman’s E-Z Internet Guide On How To Actually Buy Gold, and Not Just Talk About It, Bitchezzz!!!!  This past June, at the First ZeroHedge Symposium and Live Fight Club in Marfa, I learned some good information from Ken and Jonathon about disintermediation using crypto currencies during their excellent talk, “Rise of New Financial Ecosystems – How to Make it Work For You.”

Like other sympopsium attendees, after listening to the talk, I felt confident enough to return home and begin aquiring some firsthand experience with cryptocurrencies.  Now, just three months later, I bring to you, dear ZH readers, hedgeless_horseman’s E-Z Internet Guide To Safely Buying and Then Conveniently Losing Bitcoin in a Tragic Boating Accident.  

It’s so E-Z even an old goldbug can do it!

Read morehedgeless_horseman’s E-Z Internet Guide To Safely Buying and Then Conveniently Losing Bitcoin in a Tragic Boating Accident

Satoshi Secrets & Why Nearly 4 Million Bitcoins Are “Lost” Forever

Satoshi Secrets & Why Nearly 4 Million Bitcoins Are “Lost” Forever

*****

H/t reader squodgy:

“Still not convinced. But slowly wanting to learn more.
These days it is so difficult to distinguish between propaganda and truth, as those we pay to look after us are as prone to lie as a jew con man to hide their intentions.

But in the case of Bitcoin there is obviously something great lurking in the fog, which just might lead us out of the clutches of the Rothschild Central Banksters and freedom.”

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Bitcoin Tops $9,300 Amid “Extinction-Level Event For Banks.. And Maybe Governments Too”

Bitcoin Tops $9,300 Amid “Extinction-Level Event For Banks.. And Maybe Governments Too”:

Update: Bitcoin has continued to soar intraday – now topping $9,300 – with a total market cap over $156 billion, leaving the cryptocurrency worth more than Merck, Disney, and GE.

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Bitcoin, Ether Soar To New All-Time Highs; $10,000 In Sight

Bitcoin, Ether Soar To New All-Time Highs; $10,000 In Sight:

Bitcoin has broken above the $8,300 resistance level, and hitting a high of $8,650 in early trading, is up over 5% on the day, and rising at a pace that has put the $10,000 price target by both Mike Novogratz (and Jose Canseco) firmly in its sights.

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Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa:

Source: Power Compare

Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst.

However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to “mine” more Bitcoins.

According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s current estimated annual electricity consumption stands at 29.05TWh.

That’s the equivalent of 0.13% of total global electricity consumption. While that may not sound like a lot, it means Bitcoin mining is now using more electricity than 159 individual countries (as you can see from the map above). More than Ireland or Nigeria.

Read MOre…

H/t reader kevin a.

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AND NOW: Bitcoin price could reach $5,000,000 says Bitcoin Cash’s self-proclaimed CEO – #Bitcoin

FYI.

Bitcoin price could reach $5,000,000 says Bitcoin Cash’s self-proclaimed CEO:

As a “peer-to-peer currency” bitcoin could one day start a financial revolution as it means an extinction level event for banks which will no longer be a necessary middleman, Bitcoin Cash ‘CEO’ Rick Falkvinge told RT.<

In an exclusive interview with RT’s SophieCo program, he said bitcoin is the future of finance, and the key aspect is that the cryptocurrency is “permission-less.” 

That allowed him to call himself a Bitcoin Cash CEO without asking anybody’s permission – “as a way to illustrate that we are not asking permission – that’s just part of our community.”

Read moreAND NOW: Bitcoin price could reach $5,000,000 says Bitcoin Cash’s self-proclaimed CEO – #Bitcoin

Bitcoin Tumbles Then Rebounds After Hackers Steal $31 Million Tethers

Bitcoin Tumbles Then Rebounds After Hackers Steal $31 Million Tethers:

The rise in Bitcoin’s price was approaching “warp speed” above $8,200 overnight when, as so often happens, it went into another sharp reversal. After hitting an intra-day high of almost $8,265 in early trading on Tuesday, the price crashed more than $400 to $7,827, its biggest drop since November 13. This time it wasn’t another Dimon-esque rant, or the prospect of another fork (technically, these are bullish) but an old-fashioned theft in another cryptocurrency, Tether. Tether is a controversial crpto-business which provides a wallet service allowing crypto exchanges to store and convert fiat currencies to “safe” tokens (not to be confused with an ICO token) and vice versa.

Tether has a market cap of roughly $673 million and is the world’s nineteenth largest cryptocurrency, based Coinmarketcap.com data. Regarding the theft, Tether alleges that $31MM of USDT tokens (Tethers trading at parity with the dollar) were stolen on 19 November 2017.

From the Tether press release:

Read moreBitcoin Tumbles Then Rebounds After Hackers Steal $31 Million Tethers

Bitcoin Soars To Record High Above $8000 After Mugabe Speech

Bitcoin Soars To Record High Above $8000 After Mugabe Speech:

With Bitcoin trading at $13,499 on Golix, the chaotic environment in Zimbabwe has spread to the global price of the cryptocurrency driving it beyond $8000 for the first time in history as President Mugabe fails to resign in a national address following the nation’s coup.

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Financial Times: Sell Bitcoin Because The Market Is About To Become “Civilized”

FYI.

Financial Times: Sell Bitcoin Because The Market Is About To Become “Civilized”:

On 31 October 2017, we discussed the announcement that the CME Group was responding to client interest and launching a Bitcoin Futures contract before the end of this year. CME stated that the contract would be cash settled based on the CME CF Bitcoin Reference rate, a once-a-day reference rate of the US dollar Bitcoin price at 4.00pm London time. In the run-up to the launch of the futures contract, the Financial Times has written a piece on the likely impact of futures trading on the Bitcoin price.

The title of the piece makes the FT’s view clear, “Prepare to bet against bitcoin as it becomes civilised”. We disagree with using the word “civilised” in this context (see below), but here is the FT’s take.

Read moreFinancial Times: Sell Bitcoin Because The Market Is About To Become “Civilized”

Bitcoin Surges Near $8000 Record Highs After Venezuela Default

Bitcoin Surges Near $8000 Record Highs After Venezuela Default:

We have already discussed the hyperbitcoinization of the Venezuelan economy and it appears, judging by the most recent surge, that tonight’s ‘official’ default events for the sovereign (and PDVSA) have triggered a further rush to the ‘safety’ of a decentralized store of wealth…

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Crypto Chaos Explained – Bitcoin Crashes As ‘Cash’ Tops Ether For First Time

Crypto Chaos Explained – Bitcoin Crashes As ‘Cash’ Tops Ether For First Time:

Bitcoin collapsed overnight, trading as low as $5555 – down 30% from its highs – before bouncing back above $6000, as Bitcoin Cash soared to as high as $2450 (4 times its price on Friday), overtaking Ethereum briefly as the second largest market cap cryptocurrency. All of this chaos has left many wondering what is going on…

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Deutsche Bank: ‘End of Fiat Money’ May Be Near

FYI.

Deutsche Bank: ‘End of Fiat Money’ May Be Near:

A top Deutsche Bank strategist speculates that we may be looking at the “start of the end of fiat money”.

Bitcoin was originally developed as a peer-to-peer electronic cash system that would free its users from the bondage of state-controlled currency and the erosion of wealth due to inflation. Despite its phenomenal growth, most mainstream financial analysts remain skeptical that it will ever achieve mainstream adoption – at least as a currency used for everyday transactions.

However, as Business Insider reports, Deutsche Bank strategist Jim Reid envisions that the current fiat monetary system could begin to collapse within the next decade, creating a climate that would encourage the rise of an alternative currency system.

Read moreDeutsche Bank: ‘End of Fiat Money’ May Be Near

Crypto Chaos As Bitcoin Drops $800 From Spike Highs

Crypto Chaos As Bitcoin Drops $800 From Spike Highs:

Having surged higher to almost tagged $7900 on the heels of news that the SegWit2x ‘hard fork’ would be suspended, Bitcoin has now crashed back to $7100.. before surging back to $7400…

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How High Can It Go? Bitcoin Shocks The World By Crossing The $7000 Mark Less Than 1 Month After It Sold For $5000

How High Can It Go? Bitcoin Shocks The World By Crossing The $7000 Mark Less Than 1 Month After It Sold For $5000:

Less than a month ago, Bitcoin was selling for less than $5000, but now it has smashed through the $7000 mark with seemingly no end in sight.  At this point Bitcoin has a total market cap of more than 100 billion dollars, and some analysts are suggesting that it could eventually go as high as a trillion dollars.  Cryptocurrencies overall are up an astounding 640 percent so far in 2017, and personally I regret not investing when Bitcoin was still in the very early stages.  I always thought that governments would eventually crack down and regulate cryptocurrencies out of existence, and that still may happen someday, but it hasn’t happened yet.

One of the great things about Bitcoin is that it represents a medium of exchange that is not controlled by the central bankers.  So when you use Bitcoin you are choosing to become less dependent on a system that is designed to financially dominate the entire planet.  Any way that we can become more independent is a good thing, and so I greatly applaud the use of cryptocurrencies.

Read moreHow High Can It Go? Bitcoin Shocks The World By Crossing The $7000 Mark Less Than 1 Month After It Sold For $5000

The Economic End Game Continues

What “IF” the New World Order has been planned to be installed AFTER the coming (planned) financial collapse & hyperinflation, (planned) all-out civil war and (planned) WW3 all along?

500 million to 1 billion people are much easier to control than a world population of 7.6 billion people.

To install the NWO AFTER a massive worldwide depopulation ‘program’ has always be the plan.

The Prophecies Of Alois Irlmaier – The Roadmap To WW3 – The 3 Days Of Darkness (Worse Than WW3):

“Everything calls peace, Schalom! Then it will occur – a new Middle East war suddenly flames up, big naval forces are facing hostiley in the Mediterranean – the situation is strained. But the actual firing spark is set on fire in the Balkan: I see a “large one” falling, a bloody dagger lies beside him – then impact is on impact. …”

(I’ve been informed that – right now – the Balkans are flooded with Al-Qaeda & ISIS fighters! I have also been informed – about a year ago – by another source that locals have even told their government about ISIS/Jihadi training camps, but there is no response whatsoever coming from the government.)

Destabilization is well on its way everywhere you look.

Continue to prepare for total collapse (and global cooling & empty supermarkets) and read the commentary (by reader squodgy) down below.

*****

The Economic End Game Continues:

In November of 2014 I published an article titled ‘The Economic End Game Explained’. In it I outlined what I believed would be the process by which globalists would achieve what they call the “new world order” or what they sometimes call the “global economic reset.” As I have shown in great detail in the past, the globalist agenda includes a fiscal end game; a prize or trophy that they hope to obtain. This prize is a completely centralized global economic structure, rooted in a single central bank for the world, the removal of the U.S. dollar as world reserve currency, the institution of the SDR basket system which will act as a bridge for single a global currency supplanting all others and, ultimately, global governance of this system by a mere handful of “elites.”

The timeline for this process is unclear, but there is some indication of when the “beginning of the end” would commence. As noted in the globalist owned magazine The Economist, in an article titled “Get Ready For The Phoenix,” the year of 2018 seems to be the launching point for the great reset. This timeline is supported by the numerous measures already taken to undermine dollar dominance in international trade as well as elevate the International Monetary Fund’s SDR basket. It is clear that the globalists have deadlines they intend to meet.

Read moreThe Economic End Game Continues