16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Discussion of Web Log and Analysis topics from the Generational Dynamics web site.
John
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16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by John »

16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher


Stock market continues its huge bubble

** 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher
** http://www.generationaldynamics.com/pg/ ... tm#e171016



Contents:
Bitcoin super-bubble surges through $5,000 and blasts even higher
Stock market continues its huge bubble


Keys:
Generational Dynamics, Bitcoin, Ponzi scheme, Ethereum,
Holland, Tulipomania, blockchain, hard fork, VIX

Samuel Clemons

Re: 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by Samuel Clemons »

Please research “Dark Pools”. I am employed by one of the major players in the rigged game. The true free market doesn’t exist today.

John
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Re: 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by John »

Samuel Clemons wrote: > Please research “Dark Pools”. I am employed by one of the major
> players in the rigged game. The true free market doesn’t exist
> today.
Why do you say that the market is rigged?

John
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Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
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Re: 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by John »

Well, Breitbart refused to post my Bitcoin article, and now I know
why. I just received a spam e-mail message from "Breitbart News"
saying:
> How Investors Can Play The Bitcoin Boom

> While technically-minded investors are making once-in-a-lifetime
> profits in Bitcoin, Ethereum and other cryptocurrencies…

> Regular investors are missing out.

> UNTIL NOW...

> There’s a new “Canadian Backdoor” you can use to add them to your
> retirement portfolio in less than 3 minutes…

> Get the details now...
Since I didn't want to click on the link, I googled "bitcoin canadian
backdoor," and apparently this refers to the Canadian Bitcoin Trust
that was just approved by Canadian regulators. The SEC refused to
approve a similar fund in the US.

https://motherboard.vice.com/en_us/arti ... -in-canada

Bitcoin is quite possibly the worst investment in the world. Bitcoin
is a disaster waiting to happen -- and judging by the parabolic surge,
there won't be too much waiting.

Image

Price of Bitcoin 7/18/2010 to 10/15/2017

By the way, Bitcoin has been falling today, and is currently down
3.3%. So you investors out there had better hurry, if you want to
make "once-in-a-lifetime profits."

https://www.coindesk.com/price/
Last edited by John on Thu Oct 19, 2017 2:42 pm, edited 1 time in total.
Reason: Add article link

ColoradoPlainsman
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Joined: Thu Jun 19, 2014 1:44 pm

Re: 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by ColoradoPlainsman »

They refused to post your article?!?!?!
I was trying to find it on the BB website but gave up after awhile; I like to add my 2 cents worth in the comment section.
And then they hit you with an Bitcoin ad, which, considering, they have had a host of articles that were very pro bitcoin. My own research left me a bit bewildered and that makes me real cautious.
Thanks for the info and the research, as always.

John
Posts: 11485
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
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Re: 16-Oct-17 World View -- Bitcoin super-bubble surges through $5,000 and blasts even higher

Post by John »

ColoradoPlainsman wrote: > They refused to post your article?!?!?! I was trying to find it
> on the BB website but gave up after awhile; I like to add my 2
> cents worth in the comment section. And then they hit you with an
> Bitcoin ad, which, considering, they have had a host of articles
> that were very pro bitcoin. My own research left me a bit
> bewildered and that makes me real cautious. Thanks for the info
> and the research, as always.
You're welcome.

Well, as you know, that's the way the world works these days. When
you told your boss that the subprime mortgages your firm was writing
were fraudulent, you got fired. In 2006, anyone who suggested a
housing bubble was sidelined. I remember in 2007, watching a Ben
Bernanke press conference live on CNBC, when someone asked Bernanke
whether he feared another 1929-type crash, CNBC immediately cut away
to commercial, because it was against CNBC policy to mention the 1929
crash. It was really a farce. The whole Cassandra-Jeremiah-Churchill
syndrome that I've described means that most of the things that I
write about are shunned and hated by 99% of the people. They don't
hate it because they know it's false. They hate it because a part of
their brains know it's true, and they're shutting it out.

So Breitbart has bitcoin advertisers and so the editorial policy
follows the advertisers. That's the way the world works. What else
is new?

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