Friday, December 22, 2017

Fellow Bitcoiners....


Trump, the Tax Bill and Cryptos

What will the result be for Trump and the GOP now that they are changing the tax laws on crypto trading? Surely this isn't the end either as Gov can't help but to constantly interfere in our lives and destroy all innovation and demoralize their citizens.

Well for my part, it's this:

1) I will consolidate my holdings into BTC and LTC (likely others will as well which will drive prices sky-high and may kill the Alt market and ICO's By design? Is it easier to attack fewer or more cryptos?).

2) I will NEVER sell them. Ever! Not until the laws change or the dollar dies. Then I'll just spend them. I won't give them the tax revenue.

3) I will NOT be voting for Trump nor will, I suspect, any of his Millennial supporters who are involved in cryptos.

Action - Reaction

Read more here:

The Taxman Cometh: US, Russian Investors Face New Calls To Pay

Bitcoin traders face new tax obligations in the US and Russia as authorities keen to get a piece of the action begin ‘tweaking’ laws. As Fortune and others report today, a tax reform amendment Congress passed this week will oblige crypto-to-crypto handlers to pay tax on any gains.  The change in the status quo comes as a low-key change in legislation closes a loophole which previously allowed so-called “like kind exchanges” to occur tax-free.

Tuesday, December 19, 2017

Governments, Cryptos and Gambling

All around us we hear of the dangers of crypto currencies by "concerned" governments. They tell us it's a risky asset. A fraud. It will ruin you. But yet, do they really care about you or do they care about their own revenue streams?

Crytpos require you to use your own mind. You must learn about this space and weed through all the fear mongering and determine for yourself if this is a legitimate asset to invest in. Will it survive? I believe so.

Do you have better chances elsewhere? Perhaps in an online Government lottery? The Gov who's looking out for you?

Let's put this in the "A picture speaks a thousand words category".


Friday, December 15, 2017

DOW Bubble Vs BTC Bubble

Continuing on with the theme of bubbles, is the DOW in a bubble? And speaking of the DOW and it's 200 day moving average, shall the two EVER meet again? Once more, a picture says a thousand words.

Observe and tremble in fear!!!!



A certain song by Billy Joel is coming to my mind. LOL!!!


Is Amazon or BTC in a Bubble?

The truth is friends there are bubbles everywhere. There are so many bubbles everywhere it seems the law of gravity itself has been suspended.

I'm starting to get the sneaking suspicion that what we are really witnessing is a global hyperinflation of ALL assets courtesy of the money printing (aka, global, synchronized recovery [pfffffftttttttt]) by our glorious central banks. May they burn in flames. No I mean it. In a kind, non hate-speech kind of way.

But speaking of bubbles, it seems all you hear about is bubbles in the Crypto space. Bitcoin's (BTC) in a bubble, Litecoin's (LTC) in a bubble, Ethereum (ETH) etc.

With the DOW breaking records every day and the S&P on track to have its first year EVER (YAY!!!) without one single down month and so much speak about bubbles, why do we never hear about that on main stream media (MSM)?

Why do we never hear bubble talk about companies like Amazon, who all things considered have never turned a profit? NEVER!

Let's take a look at a chart of Amazon and I'm just going to leave it at that. They say a picture speaks a thousand words. Or sometimes just thousands of percent.


Thursday, December 14, 2017

Litecoin (LTC) the Best Currency of All?

Wow! Quite a statement from Investopedia, have I picked a winner here?

"Litecoin’s drama-free community and even keel give it less volatility and a steady trend, making it great for arbitration, trading, spending, or even fundraising. Savvy cryptocurrency enthusiasts have compared bitcoin’s market capitalization to Litecoin and done the math based on its maximum number of coins and other traits and have almost unanimously declared that it is undervalued. Even so, with much progress being made on the Lightning Network, Litecoin may one day soon evolve into the truest form of cryptocurrency yet, and leave the others in the dust."

Read the rest here

Visit Litecoin's site here

How Do We Value Litecoin and Crypto Currencies?

Bubbles abound and everyone is wondering where BTC, LTC and the cryptos in general get their value. Well, how do we determine their value? As this is a relatively new industry many of these metrics are still being worked out.

In the article below I believe the author Josh Olszewicdoes a pretty good job of presenting the Network Utility function of Litecoin.

Consider:  

"Unconfirmed transactions now stand at just over 700, at the time of writing, whereas Bitcoin (BTC) and Ethereum’s (ETH) unconfirmed transactions are well above 100,000 and 13,000 respectively. 31,000 of the bitcoin transactions have fees set to less than US$0.01, far below the current appropriate level. These unconfirmed transactions account for 0.87% for LTC, 1.5% for ETH, and 27% for BTC. The current median fee for LTC is US$0.0786.

LTC now has the lowest Network Value to Transactions ratio among available coins measured, suggesting the coin remains undervalued based on utility. The metric was devised by Willy Woo and Chris Burniske and is similar to the traditional Price to Earnings ratio when selecting stocks."


Read the rest here at Bravenewcoin.com.

Tuesday, December 12, 2017

Litecoin Going Mainstream

Looks like LTC is about to take the lime light as it is a much more functional currency than BTC.

CNBC and Money.CNN both showcasing LTC.

Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year

Move over, bitcoin. Here comes litecoin

So when do we hit $1,200? 

Litecoin Leaving the Stratosphere

What else to say? I hope you bough some Litecoin when I showcased it back in August.


Thursday, December 7, 2017

Will BTC Break $500,000 in 2018?

Here's your WTF chart of the day as we all gaze in amazement at Bitcoin and the failure of the monetary system in real time. When will government intervene with a heavy hand and DESTROY  the illusion they have created for the Millenials and Gen Z that there is no danger in the world and markets only go up and Gov is your friend?

Will government try and go back to a gold standard after they have systematically crushed the price with naked short selling and destroyed any semblance of credibility in that market as well?

Will government try and create their own crypto-currency once they have destroyed the dollar and promise all they won't destroy that currency either?

Will government even survive all of this? Will we? Lol! WTF?


Wednesday, November 8, 2017

Is the USD Getting Ready For a Rapid Run?

Looking at the charts of gold and silver which seem to be meandering around their 50 and 200 day ma's, we see with the dollar it is in a trading range suggestive that it is soon to break out to the 200 dma,  currently around 96.66 and falling.

The general consensus is that silver and gold will experience some downward price pressure thru the end of the year. My view is that 2018 is shaping up to be similar to 2016, explosive out of the gate.



Thursday, August 24, 2017

How High Will Litecoin (LTC) Go?

Litecoin to Become One of The Best Investment Options: Geoffrey Caveney

Seeking Alpha analyst Geoffrey Caveney forecasts that the “silver” in the world of cryptocurrencies, Litecoin, has the capability to become one of the best investing options in the market.
Caveney’s prediction is based on the fact that the digital currency is one of the three virtual currencies that are being supported to be traded on Coinbase, which is arguably the most famous exchange cryptocurrency platform as of August 2017.

Read more here:

 

Wednesday, August 23, 2017

Is Israel A Racist Nation or Just A Hypocritical One?

Israel Vows Expulsion or Imprisonment for Africans Who do Not Leave Israel 

"Israel’s Prime Minister Binyamin Netanyahu warned Sunday of the need to prevent “illegal infiltrators flooding the country,” According to the country’s Army Radio. “If we don’t stop their entry, the problem that currently stands at 60,000 could grow to 600,000, and that threatens our existence as a Jewish and democratic state,” he said at the weekly cabinet meeting, held this week at Ammunition Hill in honor of Jerusalem Day. The fence on the border with Egypt would be completed by October, Netanyahu added, with the exception of a mountainous area near Eilat. Israel’s tiny African migrant population of around 50,000 has become a hot-button issue over the past two years, and particularly in recent weeks. Israel’s Interior minister Eli Yishai says African migrants should be jailed or expelled."  

So, ok, I get it. They don't want to be overrun. Who would? But what's this all about?:
 

So Europe won't survive without multi-culturalism but  Israel will be destroyed by it? A strange world we live in.

Does CNN "Suck"

These 15,000 people think so!!!


Monday, August 21, 2017

Updated Nazi Book-Burning List

These days WILL be regretted by many.


From Zerohedge:

One Statistics Professor Was Just Banned By Google: Here Is His Story

Statistics professor Salil Mehta, adjunct professor at Columbia and Georgetown who teaches probability and data science and whose work has appeared on this website on numerous prior occasions, was banned by Google on Friday.

Friday, August 18, 2017

Is Antifa Violent Or Those Evil "White Supremacists"?

Gee I'll have to think about this one and get back with you:


Thursday, August 17, 2017

Matthew Prince - Cloudfare

 A special message for Matthew Prince, CEO of Cloudfare who apparently, in a bad mood one day, decided to shut down the website of the controversial Dailystormer. Matthew thinks that he is above the Constitution and free speech kind of like these people:


Tuesday, August 1, 2017

Boycott Proctor & Gamble If You Oppose Racism

This has gone on for far too long. This is systemic and cannot be tolerated. If you don't see a problem here you've been properly indoctrinated into the liberal, progressive mindset we see today that wants trans men using the same bathroom as little girls. You're sick and need counseling.

Friday, July 28, 2017

Somali-American's Response to Minnesota Murderer

In case you weren't aware there was a police shooting recently in Minnesota by a Somali police officer shooting an unarmed, robed, white woman from Australia.

What's the response from the community? You won't even believe it. Actually, maybe you will. These are a people that will ignore facts because they believe they are in a race war against whites. The only ones who won't acknowledge are the idiot whites out there who are to cowardly to look at the truth and who refuse to put down the Doritos and pop.

Witness these law abiding citizens:


Tuesday, June 20, 2017

LItecoin, A Beacon Amongst Crypto-currencies

"As a fork of bitcoin and pursuing an independent path, litecoin could supplant the world’s most valuable cryptocurrency as it gains traction in terms of adoption, trading interest and development activity.

Litecoin Exceeds Bitcoin on Volume Terms

The altcoin recently saw a large influx of volume, pushing above 50 percent of the cryptocurrency’s market capitalization and above trading volumes for bitcoin on June 17. At the time of writing, the past 24 hour volume for litecoin and bitcoin are similar, roughly $1.2 billion. The lion’s share of volume is coming from two Chinese exchanges, Huobi and OKCoin, accounting for over 40 percent of the volume over the past 24 hours."

Read more here.

Wednesday, March 22, 2017

Thanks Liberals

It's been very difficult for me to post recently. This is due to my belief that mankind is about to destroy itself and it wee depresses me.

So you can thank the liberals for the world we live in as explained succinctly by Michael Ellner:

“Just look at us. Everything is backwards, everything is upside down. Doctors destroy health, lawyers destroy justice, psychiatrists destroy minds, scientists destroy truth, major media destroys information, religions destroy spirituality and governments destroy freedom.”

― Michael Ellner

Monday, February 13, 2017

The PermaCube Food Production System - How to Feed Yourself

Found this on YouTube. Something like this is very compelling and why people wouldn't do it is beyond me. If you have some land or even smaller space you could scale down with this could shave thousands off of your annual spending budget for food.


Saturday, February 11, 2017

I'm Boycotting Netflix

I'm tired of this. And Justin Simien can go to hell for saying that white people's response to this video is why the series should exist. This kind of  "cart before the horse" logic is pissing a lot of people of and Netflix can go pound sand. I will not tolerate this in my household.


And keep one thing in mind, George Soros is a major stockholder of Netflix.

Monday, February 6, 2017

Britian, Your Arrogance Astounds

Ok, without a doubt England will end up with egg on their face on this one.

Trump To Be Barred From Speaking In UK Parliament's Westminster Hall For "Racism And Sexism"

"In a striking announcement by John Bercow, the speaker of the British House of Commons, Donald Trump is to be barred from giving a historic address in Westminster Hall, the British Parliament's grandest and most prestigious hall.

Bercow announced he would not give the US President permission to speak in the 11th Century Westminster Hall when he makes a state visit. John Bercow slammed Trump for "racism and sexism", his undermining of judges and his migrant ban. Bercow's intervention is unusual because Speakers are expected to remain above Parliament's partisan fray."

 Labour leader Jeremy Corbyn tweeted: "Well said John Bercow. We must stand up for our country's values. Trump's State Visit should not go ahead."


Wow. All the sudden Parliament has values? And are they the body that produces values and disseminates those to the people? Or do the people inform their government what those values are?

This is astounding coming from Parliament as the city of London, the corruption capital of the world, continues to loot their own people and the peoples of the world through "financialization".

How many in Parliament are involved in the pedophile ring that is currently being investigated?

When Britain is overrun with Muslims (as London is now lost) and they are pleading for our help to save them from their own liberal ways, we should remember this day.

Let us also remember Britain when we renegotiate trade deals after they depart the EU. Perhaps we should cut them off financially and militarily until they are ready to sit down at "the table". That table of course being right in Westminster!

Saturday, February 4, 2017

Germany, Extreme Much?

Witness Germany continue to fall into their authoritarian past. This is just ridiculous and all Germans should be shamed. The German people slowly built their reputation back up after WWII and are throwing it all out the window these last years.

They're being overrun with bureaucrats and muslims and liberals and commies and now this?

SPIEGEL TRUMP 3

You embarrass yourselves.

Thursday, February 2, 2017

Anarchy in the USA

The communists are being fully revealed. Their plans that began long ago as Khrushchev warned (threatened more likely) even as the old Soviet Union, are starting to fray.

What's truly amusing that between communism and liberalism, whatever Russia started in America long ago has since come full circle and bit them in the ass.

It will now take Russia and the USA together to fight these processes and save the Western world from the evils of Islam. (Not radical Islam, not political Islam, not X-Islam; just Islam).

So, who's funding this communism in America, hmmmm....

William Banzai shows us:

ASSHOLE

Friday, January 20, 2017

It Is Finished! Trump Sworn In As 45th President!

What a glorious day! Congrats to freedom lovers around the world!


Thursday, January 19, 2017

President Trump Arrives in D.C.

Salute your President! Tears are coming to my eyes.....

Photos: Matthew Boyle/Breitbart 3:25

Tuesday, January 10, 2017

Should I Buy Gold?



Yes. It's a no-brainer (there's an assumption in there).

From Bloomberg:

"Gold’s had a roller-coaster year, surging as much as 30 percent before giving up the bulk of those gains. But one trend has been consistent: mining companies are finding it harder to dig up more of the precious metal."

"Even though producers’ exploration budgets surged more than 10-fold to $6 billion a year in the decade to 2012, new finds are in decline. The amount of gold discovered last year was down 85 percent compared with 2006."



Sometimes I feel that this is going to be the story the powers that be will use to cover up the manipulation and suppression of gold. It must end one day but the manipulators have their talons deep in the carcass of the COMEX and LBMA.

Friday, January 6, 2017

Farewell Obama - We Won't Miss You!

In my opinion Obama can't leave the office fast enough. Billions throughout the world feel this way. Obama will go down as THE WORST president ever. Everything he did defied the will of the people. It's amazing he has any support whatsoever. What's more fascinating are all the people crying that Trump is going to lead us into a war with Russia as Obama keeps poking the bear! WTF?! The left makes no sense nor will they ever because they are insane.

So it's fitting that Obomber leaves on the following note.

From Zerohedge:

As it began so it will finish.
Putting the exclamation point on a trend that has marked Obama's entire presidency, in the final Obama jobs report, the BLS announced that the total number of people not in the labor force grew once more, rising by 18,000 in December, and a whopping 841,000 in the past three months, to a new all time high of 95.102 million Americans no longer in the workforce.