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#BITCOIN At $750 Is Still A Foolish Investment - Going To $10

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12/8/13  UPDATE: PRICES ARE NOW IN THE $800 DOLLAR LEVEL. USE ANY AND ALL OF THIS STRENGTH TO UNWIND AND LIQUIDATE POSITIONS.  LITECOIN AND BITSTAMP ARE ALSO RALLYING. THEY CAN BE VIEWED IN REAL TIME ON THIS CHARTING WEBPAGE. SELL HARD INTO STRENGTH!

http://bitcoinwisdom.com/markets/mtgox/btcusd

 

CALLING THE TOP:

I wrote the first article here:

BITCOIN: $1150 Strong Sell – Convert $BTC To Physical Silver #FREESILVER

/financial-markets/2013/12/bitcoin-1150-strong-sell-convert-btc-to-physical-silver-freesilver-2642744.html

This was at a point of extreme mania and confusion. People were buying #BITCOIN with no fundamental view on how this works and the fundamental information behind the scenes of #BITCOIN. 

Even Austrian/Mises economists were suckered into believing all of the hype surrounding #BITCOIN. Ron Paul himself was confused and even touted it a few times in the media. .

 

MY HARD WORK HAS GOTTEN ME BANNED FROM IRC.FREENODE.NET

My Last Conversation in #Freenode, Before Being K-Lined By The #Bitcoin Mafia

/financial-markets/2013/12/my-last-conversation-in-freenode-before-being-k-lined-by-the-bitcoin-mafia-2644612.html

 

 

GOING FORWARD:

The future for #BITCOIN : I tend to believe we will go down to approximately $10 dollars per #BITCOIN in the long term. There are already hundreds of competing currencies and the bubble of #BITCOIN is starting to pop now. 

  • John Chalekson just kidding about the 5 cent thing, but thats what these are .. wooden nickels . when there are 100 more competing currencies, with RDF and chains of people who actually Know each other they can barter for services and goods. also, we need our computing power. our top programmers from around the world cant be using all our machines and wasting energy creating gibberish 1′s and 0′s
    John Chalekson some people know the price of everything, yet the value of nothing
  • John Chalekson bitcoin will eventually fall back to where it came from and back to the 5 cent level it deserves

  • John Chalekson unintended consequences; free silver and new wealth creation as the above ground silver supplies get a run on
  • John Chalekson this is a distraction from the fed and from the prices of silver and gold, operation twist stule from the 60s

  • John Chalekson andrew jackson and thomas jefferson would be rolling in their graves if they understood the implications of bitcoin on a large scale to the masses

SOUTH SEA BUBBLE GRAPH:

 

FREE SILVER” WILLIAM JENNINGS BRYAN

What can you do at $750 per #BITCOIN? Convert all of your #BITCOIN to PHYSICAL SILVER ASAP. This is FREESILVER, THE SATOSHI STRANGLE.  When the population is armed with silver they will have at least something of tangible value rather than a VAPORIZED weapon of mass destruction such as the Post Quantum Encrypted VAPO CRYPTO Currency. AKA BITCOIN.

 

THE SATOSHI STRANGLE”

Protect your assets folks, even if you are using just tens of thousands or hundreds of thousands, or in some cases millions. You are much better off holding those assets in PHYSICAL SILVER . I would recommend going to WWW.APMEX.com as they are the best dealer on the internet. #HUNT #BROTHERS AND #SISTERS #PHYSICAL #ELEMENT47 . 

 

“OPERATION TWIST; SATOSHI DOESN’T EXIST”

OPERATION RE-TWIST (BY DESIGN) #BCOIN #BITCOIN #SATOSHI #FREENODE #SILVER”. $15 Billion Market Cap, $1050 vapo-crypto currency. Convert BTC to PHYSICAL SILVER A.S.A.P. Nobody knows or has ever met “Satoshi”. In fact, he does not even exist. He is merely an fictional math algo character..

The Shamir Effect: #Shamir http://lnkd.in/buiMhWB 

“You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of BITCOIN.”               

#Bitcoin 60% held by 100. 65% never traded, 21% used in gambling, 1 owns 25%. 500k users. 100% trackable. NSA hashtag protocol

Hedge Ghostwriter™ @hedgefund_ghost 5m
/nick platoscave /action advises W.J.B.- Satoshi Straddle (HEDGE) Conversion of #BTC to Physical#Silver “Free Silver” #Mises #Bitcoin,#BTC

/action advises W.J.B.- Satoshi Straddle (hedge). Conversion of #BTC to physical Silver. (www.apmex.com for example). “Free Silver” #populism #freesilver #mises #economics #startups

A Warning About Bitcoin – The Shamir Paper
if you have any bitcoin i highly advise you to sell @ 1100 http://lnkd.in/buiMhWB #bitcoin #vapor #sell#satoshi #freenode

#Bitcoin, #btc, #litecoin#Cryptocurrency#bitbillions #BTC #BITCOIN #SHEEPLE #BCOIN #FREESILVER#SATOSHI

 #FREENODE #SILVER #THEEND #SHAMIR #EFFECT #bitcoin
Related: Bitcoin, #btc, #litecoin, China, #china, #‎MISES‬
Related: Ludwig von Mises, ‪#‎economics

 

UPDATE: PRICES ARE NOW IN THE $800 DOLLAR LEVEL. USE ANY AND ALL OF THIS STRENGTH TO UNWIND AND LIQUIDATE POSITIONS.  LITECOIN AND BITSTAMP ARE ALSO RALLYING. THEY CAN BE VIEWED IN REAL TIME ON THIS CHARTING WEBPAGE. SELL HARD INTO STRENGTH!

http://bitcoinwisdom.com/markets/mtgox/btcusd

 

 

John Chalekson

Don’t hesitate if you would like to add me to your LinkedIn Network. [email protected] 
LinkedIn Public Profile: http://www.linkedin.com/pub/john-chalekson/52/357/653/

Small/All Cap (Relative) Value Equity Specialist™
“Capital is a side-product of efficiently allocating intellectual capital.” 

OBJECTIVE
Managed Accounts Structure: HNWI, Family Offices, Hedge funds primarily on the West Coast of the United States. Currently eager to work with start-ups, investment opportunities, trading, research, prop desks, emerging Hedge Fund managers, seasoned managers, Fund of Funds, or assist with other various opportunities.Please contact me for inquiries [email protected] 

Analyst/Prop.Trader/Futurist
Yahoo! Finance Market Pulse: THENEXTBIGTRADEIDEA
Skype: john.chalekson
https://twitter.com/SeekingOmega / hedgefund_ghost
TeNBiTi™ http://is.gd/tnbti

http://www.mirc.com
IRC server: irc.freenode.net / Nickname: platoscave
Channel: #startups

 

FIVE CENTS TO TWELVE HUNDRED DOLLARS. WOODEN NICKEL VAPOR BITS HAVE ZERO VALUE. GOING BACK TO WHERE IT CAME FROM. INTRINSIC VALUE OF ZERO. #BITCOIN #BTC #SATOSHI

#MISES #SILVER #LITECOIN, #FREESILVER, #WJB, #china, #opensource #CRYPTOCURRENCY #MURDERED #FACTS #FREENODE #KLINE #THEEND

 

From the Archive: The Classic Flash Crash (where Bitcoin crashes down to 1 penny per coin)

FIVE CENTS TO TWELVE HUNDRED DOLLARS. WOODEN NICKEL VAPOR BITS HAVE ZERO VALUE. GOING BACK TO WHERE IT CAME FROM. INTRINSIC VALUE OF ZERO. #BITCOIN #BTC #SATOSHI #MISES #SILVER#LITECOIN#FREESILVER#WJB#china,

 #opensource #CRYPTOCURRENCY #MURDERED #FACTS#FREENODE #KLINE #THEEND

 

BE SURE TO CHECK OUT THESE ARTICLES:

My Last Conversation in #Freenode, Before Being K-Lined By The #Bitcoin Mafia

/financial-markets/2013/12/my-last-conversation-in-freenode-before-being-k-lined-by-the-bitcoin-mafia-2644612.html

BITCOIN: $1150 Strong Sell – Convert $BTC To Physical Silver #FREESILVER

/financial-markets/2013/12/bitcoin-1150-strong-sell-convert-btc-to-physical-silver-freesilver-2642744.html

 

High Alert! Secure Your Windows PC Machines

/science-and-technology/2013/12/high-alert-secure-your-windows-pc-machines-2659858.html

 

Miners spend $17MM a day for $4.4MM http://is.gd/Wyhe4E  #winklevoss #capital #hedgefund #malinvestment #bitcoin #litecoin #btc #ltc

 

THE FAIR PRICE OF BITCOIN IS ZERO http://is.gd/KNPTDS  #winklevoss #capital #hedgefund #malinvestment #bitcoin #litecoin #btc #ltc

 

#FREENODE #BITCOIN Problem. #Programmers => #Slaves; #Computing #Power Leached. #Talent http://pastebin.com/EYK2L1ru  #BTC



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    Total 9 comments
    • PATH TO THE 5TH DIMENSION

      Time will tell. Elliot wave doesnot really apply ìmho as the wave was built around cash. A big dirrerence in the makers. Allow the rest of the world speak. Like Japan, Africa, Russia, China who is till buying regardless of your warning to the tune of $100,000US PER HOUR, FINLAND, ICELAND, AND The rest of the countries that have not been exposed. The only people I have seen with a long face are the people that sell gold and silver. Hold off and lets not forget this, crypto currency is the way of the future. How doI know to many people trying to kill it varbelly. So, as they say lets not count our chickens before they hatch and I assure you I will be the first to say I am wrong.

      • Arcflash

        Well spoken. I’ve been interested and participating in PM’s for a long time. So far at least in the last couple of years it feels like I’ve been raped with a wire brush. My wife wanted to try Bitcoins, I wasn’t interested but said go ahead. She bought 1 grand worth of them which are now still worth over six grand even with the recent drubbing. My wife is up 600%. I purchased 10 grand worth of silver when it was around $49. So far it looks like my wife is the smart one and I’m the fool. I wish I would have purchased Bitcoins with my ten grand.

        • JmmyH

          Where will your digital Bitcoins be when a solar flare or EMP wipes out the grid?
          Best to have PM! It’s only low because our corrupt government is manipulating it so their house of cards wont crash, BUT IT WILL AND MOST ECONEMIST THINK VERY SOON!

    • Botox Pelosi

      Two Bitcon is dead in the water. It is nothing but a CIA/NSA psyop designed to fleece the masses. Only those insiders or those speculators who got in early enough, assuming they can even sell, will have survived this massive Bernie Madoff inspired Ponzi Scheme.

      You got to hand it to the Feds. Anything to keep people away from SOUND, TRUE and REAL MONEY.

      Gold and Silver.

    • BinaryRecoil

      Bitcoin has been dead to me since three weeks after I signed up for it. That was the day the government of the USA stepped in and began regulating it. It’s been worthless since then and that price increase you’ve been seeing is just a bunch of digits authorizing the ownership of more digits in a digital format.

      Regardless of how “real” anyone screams it is- it’s no more real than Pikachu and never can be. You’ve been Satoshi’d hard in the ###.

    • VirusGuard

      Bitcoin (BTC) is not a currency and very few place will accept it as such.

      The brokers can come and go without trace and I read that 46% of deposits turning cash into BTC turn out to be little more than scams.

      Lets say you was lucky and picked a broker who was not out to do the dirty and the system does not get hacked then whos to say that the banks are not doing a pump & dump to protect the fiat jewish controlled system.

      Would anyone care to argue that they don’t have the money to do that.

      What these bankers and scammers cannot do is play with physical silver or gold so I see no reason to switch just yet

    • DK

      Test that silver for copper content, still Art is a better investment, much harder to counterfit. Renoirs paintings sell for over $70 million. Of course if you are buying silver against an economic collapse, you would be better off with potaoes which give a 300% return on investment every year and would at least make sure you get to see the next one. It is amazing how much silver will deflate in price when food is scarce.

    • PATH TO THE 5TH DIMENSION

      $850.00 this am. Price slam due to word our of Chia that was misunderstood.

      Can you say $1,000,000 each?

    • PATH TO THE 5TH DIMENSION

      BITCOINS HIT $1,026.00 ON THE WAY TO $1,000,000

      THIS IS SHAMELESS PROSTITUTION. IF YOU LOOK EVERYONE BASHING BITCOIN IS SELLING SILVER. THIS IS AN ADVERTISEMENT FOR APMEX. TO BAD THE PHONIES CANT ADNIT IT. SURE GO OUT AND BUY YOUR SILVER THAT IS DOWN 70% BUT DON’T BUY BITCOINS THAT ARE UP 700,000% IN TWO YEARS. GO TO http://WWW.FIATLEAK.COM AND WATCH THE BITCOINS FLOW OUT IN REAL TIME BUT NOW THEY FLOW OUT AT $100,000 PER MINUTE. AND IF THE JOURNALISTS GOT THE MESSAGE CORRECT BITCOIN WOULD HAVE RISEN BUT WHEN 6 COMPANIES OWN ALL THE MSM AND RADIO AND NEWSPAPER AND THEY ARE TOLD WHAT TO WRITE THEY WRITE IT OR NEXT STOP IS UNEMPLOYMENT. CORRECT OR REMOVE YOU LIE!!!!!!!!!!!!!!!!!!

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