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you’re against all of the money in the world as well. So I don’t buy that guy’s Bitcoin argument

Exchange Admits Security Breach, over $60 million stolen.

This is the second major BTC exchange to go down.  Years back, the major market mover was MT Gox based in Japan.  It went Tango-Uniform under similar circumstances.  Back then I had actively purchased some BTC on the MT Gox exchange, but I didn’t trust them.  I would only fund the account, purchase my BTC, and clean out the account of BTC to my private wallet, not leaving bitcoins in the exchange.  I only left token dollars in my account.

As I said, these computer ‘bit freaks’ are idiots, with no concept of what they are up against.  This was the rant I wrote after the MT Gox fiasco, and published it on a major bitcoin board.  I guess it’s time for a repeat:

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There are some serious lessons to be learned here for both “Market Moving Exchanges” and you whining “traders”. Lessons already learned by long-time precious metals traders about an alternative currency/commodity, the mining equity stocks, and how sovereign nations and international banks(ters) manipulate markets to their own interests.

The bitcoin itself is encrypted, digitally strong, and distributed non-centrally, which are it’s strengths to prevent manipulation of itself. Now think long and hard about any nation-state, or central-banking currency, that perceives the bitcoin system to be a threat. They will attack the exchanges. They will sow distrust, and attempt to manipulate the MARKET to crash the bitcoinage. To lose $8.5 million to achieve their goal of market disruption is pocket change to these powers! They can print more! ANY marketplace/exchange that gains enough volume (like Mt.Gox) to seriously move the market price WILL BECOME the target of a market-moving attack from ‘The Powers That Be’. It therefore behooves the Market-makers/exchanges to be as paranoidly secure in their systems as is humanly possible. You WILL BECOME the object of nation-sponsored hacking attempts and subversion you cannot imagine. Strive for the security of the bitcoin itself in your market systems. You are… literally… up against “all the money in the world”.

Market Exchanges should implement safety systems to prevent ‘flash crashes’ and market-manipulating high volatility moves. Even the NYSE has ‘circuit breakers’ implemented to prevent such moves. Take a lesson there.
Stocks themselves and currency moves are routinely manipulated with unlimited paper backing to move markets according to perceived ‘national interests’. It is not possible to ‘naked short’ bitcoins like is routinely done with equity stocks, so these monsters must accumulate large… huge… piles of bitcoins in accounts in order to manipulate the market. EXCHANGES SHOULD LIMIT THE NUMBER OF BITCOINS HELD IN ANY ACCOUNT TO SOMETHING LESS THAN MARKET-MOVING VOLUME. This will slow the manipulators just a little. Then they will coordinate attacks from multiple, smaller accounts. So EXCHANGES SHOULD IMPLEMENT ‘CIRCUIT BREAKERS’ much like the NYSE to prevent large percentage market-volatility moves. Stop the trading and enforce a ‘time-out’ cooling off period before resuming trading. This also gives the market exchange time to investigate the source of the market volatility moves, and isolate troublemaker accounts. Many anarchists say there should be NO LIMITS on trading. I agree in principle, but recent history demonstrates that this leaves the marketplace vulnerable. I say to MODERATE the market, while keeping it free in smaller volumes. Just as an unmoderated forum will degenerate into chaos, we have now seen how an unmoderated marketplace WILL crash and burn at the hands of agent provocateurs. Remember… you are up against “all the money in the world”.

So you ‘traders’ whine about your corrupt (at least on one side) trades being reversed. Take a lesson from stock and commodity traders. It is not a ‘trade’ until the exchange clears it and lets you take that money. Sometimes that takes several days before clearing. Until then, the exchange is in control of your funds and trades. You traders who made a killing and withdrew your funds/bitcoins to your outside wallets are the smart ones who ‘cleared’ your own trades…. and did so in much less time than any traditional commodity exchange would allow! Count your blessings!

I’m a longtime goldbug sufferer at the hands of the national manipulators. Done the research and seen it all. I don’t play in paper-manipulated stocks nor paper gold promises. I collect the real, physical thing out of TPTB reach. I began accumulating bitcoins because I believe it is the liberty currency of the digital future. I treat it the same way as a gold coin. I made my last buy at 17.70 and then transferred most BTC out of the exchange to my wallet that is kept offline normally. Apparently this was just hours before the crash. Mt.Gox still has some of my USD in account (I hope!), but I carry the account with the idea that I could lose it all, so I keep the balances minimal. Any smart trader should do the same. Fund only what you are willing to trade (or lose!) and get the rest out of the ‘brokerage account’ and into your secure possession. Let the buyer beware. Any account holder with large sums in their account is either stupid, or looking to make trouble in the marketplace.

It is time for the bitcoin marketplace to face the stark reality of an unfriendly central banking world that wishes the bitcoin dead and buried.

–Gold Trader

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But do they listen?  Apparently not!

Mr Kahn, Trump should of said nothing other than asked him what the person he’s endorsing Hillary has sacrificed. Maybe not even that but at least he’s not bringing out Benghazi mothers who might have another opinion of how they treat gold star parents. If they want to, in order to be heard but that’s all. I read that Kahn has deleted a Muslim immigrant site.

Fact still is they’re not refugees with possible ISIS ties or the thugs getting through they were legal immigrants. If his son was killed by radicals than he of all people should know how dangerous they are or that Obama made it worse and that we should not be just letting anyone in but he’s not so makes it obvious why he did it.

Somehow the freaks of nature have become the standard by which we judge everyone !

WE can do better ! We neednt judge the merits of apples by the mis shapen ,worm  infested with imperfections freaks . Standards need to be raised both in Apples & our leaders !

How can we show our children by example if the example the lowest scum on earth …not a very good way to encourage children to do their best..! If you dont set expectations high enough ,you get low performance.

is in the Business of selling Green Cards to RICH Saudi Arabs …Hillary again profits …selling immigration cards a quid pro quo for cash !

I wonder if it was a Muslim that killed his SON…..that fact seems to get lost in the politics of democrat liars.  For Democrats no tragedy should go to waste !

How can a father use his sons death to bait a political candidate ?  Where is his ethics ?

Somehow the Hypocrisy is too much …

Oh give me a home… where the Gold Trains roam,
and the skies are not cloudy all day!
http://www.railpictures.net/photo/584058/

for my birthday, my son got me a border wall construction co tee shirt.

http://store.breitbart.com/products/breitbart-border-wall-construction-co-t-shirt

a couple years ago, my daughter got me a rearden steel co tee shirt.  when i wear them, only a few people notice and give a wink or a smile.

One of my cars is a ’95 Jaguar XJ 6……..no way will u find a better ride…the sound system is truly awesome……cost $ 1500 !!!!!!

What the hell do these people want? Or expect from him?

BEING A POLITICIAN IS NOT HIS JOB!!

If all the past totally useless presidents, and all the past useless anti American politicians did their job right, sticking to the Constitution, and protecting the American middle class?

Donald Trump would not have to get involved. He doesn’t NEED this crap running for office and or being president. They all call Trump an idiot, but in reality all that don’t like him are idiots or spongy greedy special interests that PREFER the status quo establishment.

This is a generation of idiots…. who have no concept of securing a wallet full of paper cash, let alone digital ‘bits’.  Bitcoin is as secure as the user wants it to be.   But it is a ‘wild west’ kinda market place.  And there is a sucker available every minute.

When people can steal over 60 million dollars of Bitcoins via social media you know that’s not a currency to be in.

Armstrong, I can understand where he’s coming from as far as catalysts for sectors. I can understand why money would flow away from one place to another and makes sense. But this post doesn’t make sense. He keeps talking about reversals and gold promoters and timimg when many stocks are almost at near highs or half way there. That makes getting into these stocks a little more risky on any correction. He is not recognizing as far as stocks that they have done well anymore than Obummer will recognize Radical Islamic T. Like he’s stuck on his computer model. He gives no directions for his numbers.                  What I see is that there could be volitility ” surprises”  indeed in 2017-8 but with “current pattern” to the upside in PMs and most likely beyond.

whether an etf or a share of stock or a contract or an option or unit its still a bid/offer vehicle. even if its a bid on a short 🙂 or an offer on it to sell.
ok ok I’m getting silly now! but I do like the l/t charts especially the back up the truck at the 1100 area I fiboed back in august/sept 2015. the low struck at the 1050 area and was looking good. that’s only the chart…now watching thhe ‘action’. ear and mind to the f/a and the slowly start turning with the golden cross and wa-la a mere 9 months later out of the wool and at 1350 area much relieved. long term plays only with trend and no shorting. btw I missed the great short from 1900 and a conversion from the 32 ratio! kick kick kick. oh well nobodys perfect! wj

The state of Colorado runs this scam, so I’ve been driving the same car for 18 years. screw em. It’s my intent to get antique plates in 12 years so I can screw ’em on the air quality control test exemptions too. Testing cars for air quality has nothing to do with air quality or testing, or the fuktard government air quality testing turds from the state of Colorado would have caught VW 8 years ago. Idiots

Re food for thought re paying fees or losing money on bank deposits. (a tax on wealth)

What is possibly evolving is similar to owning a home. (another form of savings) The higher the value of the property, the higher the property tax is.

Some states I hear do a similar thing with car registrations. The higher the value of the car, the higher the annual registration fee. (a tax)

So now, TPTB are saying we need to pay a property tax on our savings accounts, if we are wealthy enough to have one.

http://www.prisonplanet.com/germany-leftist-women-cover-up-their-own-rapes-by-muslim-migrants.html

Got above 96.00 for a while but couldn’t keep going. No market or report manipulation going on!!

rnp

I have no problem with shorting as long as it is not the money you just invested long in an ETF that is being turned right around and used to short the same ETF or the sector you are expecting to go up, thus using your money to cancel your investment……and that IMO that is what the ETF’s are all about. I’ve had discussions with others on the subject and been told to “grow up” and “sit down and shut up” because everybody is using the ETF’s to make their fortunes (rather than buying the actual shares) since the ETF’s are so easy to use and many brokerages even wave the fees if you use certain ETF’s. That in itself should set off the alarm bells. So now if the majority use the ETF’s rather than buying the underlying shares, and their money is used by the ETF to short and control the sector, how can  the sector ever go up as we all hope and expect unless it is part of their plan to let it go up?? Bottom line is it is all about control of the markets…..IMO!!

I am still president and I support the TPP trade deal.

I did my share of shorting when I played the contracts too. the long and short of the thing I would say!

my plays were somewhat based on price in the charts including fibos for entry and trendlines once trending and triangles after retracements. still a dart shoot but a controlled one at best.
like load the boat.!

wj

prints highest daily close in a couple years.  🙂

Meanwhile Worlds biggest Derivative time bomb is down 3.75 % at new record low…so Scum buy hell out of SM and sell hell out of PM stox.

Lampposts R Us are gonna be limit bid for eons !!!!!!!!

Current weather is normal; that is, it is well within the range of all previous weather and climate variations. There are no dramatic increases in temperature, precipitation, hurricanes, tornadoes, or any other severe weather. The climate is changing just as it always has and always will and the rate of change is perfectly normal. Of course, that is not what the government, environmentalists, or the media promote and as a result most of the public believe. The misconception is deliberate and central to the exploitation of global warming and climate change as the vehicle for a political agenda.

http://www.therebel.media/how_the_world_was_deceived_about_global_warming_and_climate_change

I just doubled my TZA for a little variety. No PMs bought today.