Urgent Note on Bitcoin Derivatives and Exchanges
by Bix Weir, via SGT Report:
For those of you sweating this latest Bitcoin move down to $800… WELCOME TO BITCOIN! The mini-bubble has now been popped and we are near the trend line for all you “Bitcoin traders” out there. I wish you the best but if you keep your BTC in an exchange or online wallet you will soon kiss it all goodbye no matter where the price is!
This is how the game is played in the Bitcoin Derivative Exchanges.
Yes, ALL Bitcoin exchanges are Derivatives of Bitcoin transactions as was seen in the Mt. Gox implosion. The way it works is that the Exchanges hold a pool of Bitcoin and cash then allows the participants to trade back and forth in quantities that they wish according to their holdings. These trades are NOT Bitcoin transactions on the Blockchain. They are only transactions within the Exchange’s Pool. Actual Bitcoin transactions happen only when BTC is brought into the pool or paid out to the investors from the pool when they remove themselves from the exchange.
Clearly, there is a lot of room for rehypothication by those that operate the exchange and the larger players in that exchange.
The reason for the latest Bitcoin slam is that China is investigating the shenanigans of the Chinese BTC exchanges that report massive volumes. Note, this is not to shut them down or curb capital flight out of China as many have proposed, but rather to ensure the validity and trustworthiness of Bitcoin operations in the future as China will soon EMBRACE Bitcoin in the very near future.
Your Bitcoin should be treated just like your silver investments…Physical Bitcoin in your own possession.
Physical Bitcoin is BTC that has been transferred out of the online wallets and exchanges and onto either a hard drive or a Paper Wallet and stored in your own possession with no 3rd party between you and your Bitcoin.
For more info on Paper BTC Wallets see these videos.
Now is the time to Brace Yourself for the crash. There will be no pricing for any assets, including Bitcoin, during this period as ALL exchanges and 3rd party dealers will go under because they ALL require fiat money to run their businesses.
Protect yourself from this eventual occurrence.
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,707,344,415 |
| Stories: | 8,447,710 |
Whistler Blowers, Insiders
