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Bit Coin Update, If You Had Bought 10 Bitcoins 1 Year Ago For $3,690.00 You Would Have $7,030.00 Today. And They Are Just Getting Started!

Friday, November 4, 2016 0:18
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(Before It's News)

Yes, much is going on at this time. We are in the run up to an election which is probably the biggest election in the history of the United States. Let us not forget that we still have a $20 Trillion dollar debt. Deutsch Bank is on the verge of collapse. Saudi Arabia, Russia, and China have dumped Treasury Bills to the tune of nearly $400 Billion dollars. The Federal Reserve is printing money as though they will never run out of ink.  Two thirds of all US dollars are outside the Country and returning fast because every country knows the dollar will soon be worth little or nothing. This is a sure sign of hyper-inflation.Let us not forget that because of Fractional Reserve Banking that for every $100.00 that is deposited $90.00 can be lent out. What does this mean? Well, because one-third of the population is out of work foreclosure’s have skyrocketed and home prices are dropping like a stone. Add to that the fact that when you deposit money in the bank it becomes the property of the Bank. One more thing, so you say well my money is insured by the F.D.I.C up to $250,000. Yes, that is true but they only have $25 Billion in Reserves to cover $9,283,000,000 in deposits. Someone is NOT going to get the money they have on deposit. And if you think a bail in is not possible, think about that hard. The people that Govern this country  DO NOT CARE ABOUT US USELESS EATERS.

http://demonocracy.info/infographics/Usa/fdic/fdic.html

http://www.zerohedge.com/news/2013-03-19/us-deposits-perspective-25-billion-insurance-9283-billion-deposits-297514-billion-de

Did I mention the F.D.I.C. have up to two years to give you your own money when the Bank fails? If this doesn’t scare you into taking your money out of the Bank nothing will. You think you will be one of the lucky ones? Right now it’s easier to break out of prison then it is to take $25,000 out of the Bank. If Deutsch Bank fails it will bring down every Bank in the World. Maybe not today or tomorrow but it will happen. The lender of last resort is going to be the International Monetary Fund you know the one set up by the Rothchilds. Does that make you feel safer? I would like you to go to http://fiatleak.com/ this site shows in real time the amount of Bit Coins that are sold. They are flowing into China’s  population at a staggering rate. Bit Coin has gone up $304.00 in the last year and a little shy of $100.00 in the last month. I believe they will break $1,000.00 by the end of the year and a very conservative $12,000.00 in the first 6 months of 2017. And here is why, everyone is catching on to the fact that only 20 million coins will be available 15 million are in circulation already and everyone is embracing them. Let me give you some examples of headlines.

Winklevoss twins file $20 Million Bitcoin ETF
Fortune: As Global Currencies Plunge…Investors Turn To Bitcoin
Bloomberg: Bitcoin Buyers Seek Haven From British Pound
Wired: When In Doubt…Blockchain
Bitcoin price surge isn’t just about Brexit
Winklevoss Exchange Launches (Finally)
Barclays to become the first major bank to accept Bitcoin

NASDAQ: Has bitcoin replaced gold as a safe haven?
Forbes: Bitcoin is to the blockchain what porn was to the internet
Business Insider: Bitcoin might be the answer to some countries currency woes
Dutch Bank: The Financial World Is Going To Flip Upside Down
Forbes: Former Obama Advisor “Bitcoin Will Transform Government”
Hewlett Packard: Bitcoin will devastate the IRS and lawyers
Bitcoin “of fundamental importance to Wall Street” Nasdaq CEO
Bill Gates to use Bitcoin Blockchain to drive mobile money and investments in Africa
‘Bitcoin The End Of Money’ Documentary Released
Wall Street Journal: Bitcoin can prevent a future Greece
Zerohedge: Bitcoin may be cheap here
NASDAQ: Bitcoin as the New Safe Haven
Visa: Bitcoin Has a Future in Payments
Entrepreneur: Banks can’t ignore Bitcoin anymore
Bloomberg: Greece’s Cash Crisis is Bitcoin’s Boost
CNBC: Greek’s Currency Option #5 = Bitcoin
Uber confirms “We are currently making bitcoin work”
Then they copy you…Citi Bank announces CitiCoin
Crypto brotherhood: German bitcoin.de waives fees for Greek users
CNBC: Can bitcoin help the world’s unbanked?
Wall Street Journal: Investors seek safety in Gold & Bitcoin
Paypal exits Greek as bitcoin surges
Greeks using bitcoin to escape capital controls
Bitcoin hits 4-month high as Greek banks remain closed
Top Bank Admits: “Bitcoin Could Destroy Existing Finance Firms”
Wall Street Journal: bitcoin “the most powerful innovations in finance in 500 years.”
Claim: Hackers Could Install Backdoor in Bitcoin Cold Storage
Yahoo “Without drugs, what’s the point of bitcoin?”
UK Telegraph: Bitcoin threatens British currency!
IBM Embraces Blockchain Tech
Bitstamp Back Online, Relaunches On Amazon AWS servers
Apple Approves iOS Game That Pays Players Bitcoin
Bitstamp Reports H

Trillions of dollars are being spent to build the infrastructure and countries are beginning to talk about using them as settlement of Intentional Trade. As cargo ships begin to pull into ports and leave without unloading because they refuse to accept the normal form of settlement of Treasury Bills in the United States. Do you think these Companies are going to start storing wheelbarrows and wagons full of gold because I don’t. Let me give you a list of the Companies that now accept Bit Coins.

The List

And this is just 100 of the 100,000 vendors in the U S and India has announced they have at least 50,000
 
1-800-FLOWERS – United States based online floral and gift retailer and distributor
4Chan – For premium services
A Class Limousine – Pick you up and drop you off at Newark (N.J.) Airport
Amazon – An online company that sells almost anything.
Apple’s App Store – Buy music and any app on the Apple AppStore with bitcoins
Badoo – Online dating network
BigFishGames – Games for PC, Mac and Smartphones (iPhone, Android, Windows)
Bing by Microsoft – 2nd search engine to Google
Bitcoin. Travel – a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world
Bitcoincoffee – Buy your favorite coffee online
Bloomberg – Online newspaper
Braintree – Research firm
CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
CheapAir – Travel booking site for airline tickets, car rentals, hotels
CoinMama: Buy Bitcoins with Credit Card
Crowdtilt - The fastest and easiest way to pool funds with family and friends 
curryupnow - A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area
CVS – A pharmacy shop
Dell – American privately owned multinational computer technology company
Dish Network - An American direct-broadcast satellite service provider
Dream Lover – Online relationship service
Etsy Vendors – Original art and Jewelry creations
Euro Pacific – A major precious metal dealer
Expedia. com – Online travel booking agency
ExpressVPN – High speed, ultra secure VPN network
EZTV – Torrents TV shows provider
Famsa – Mexico’s biggest retailer
Fancy - Discover amazing stuff, collect the things you love, buy it all in one place
Fight for the Future – Leading organization finding for Internet freedom
Fiverr – Get almost anything done for $5
Grass Hill Alpacas – A local farm in Haydenville, MA
Green Man Gaming – Popular digital game reseller
Grooveshark – Online music streaming service based in the United States
Helen’s Pizza – Jersey City, N.J., you can get a slice  of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register
Home Depot – Office supplies store
i-Pmart – A Malaysian online mobile phone and electronic parts retailer
Intuit – an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
Jeffersons Store – A street wear clothing store in Bergenfield, N.J
Kmart – Retail products store
Lionsgate Films – The production studio behind titles such as The Hunger Games and The Day After Tomorrow
LOT Polish Airlines – A worldwide airline based in Poland
Lumfile – Free cloud base file server – pay for premium services
Mexico’s Universidad de las Américas Puebla – A major university in Mexico
Microsoft – Software company
Mint - Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more
MIT Coop Store – Massachusetts Institute of Technology student bookstore
MovieTickets – Online movie ticket exchange/retailer
mspinc – Respiratory medical equipment supplies store
Museum of the Coastal Bend – 2200 East Red River Street, Victoria, Texas 77901, USA
Namecheap – Domain name registrar
Naughty America – Adult entertainment provider
NCR Silver – Point of sales systems
Newegg – Online electronics retailer now uses bitpay to accept bitcoin as payment
OkCupid – Online dating site
Old Fitzroy – A pub in Sydney, Australia
One Shot Hotels – Spanish hotel chain
Overstock – A company that sells big ticket items at lower prices due to overstocking
PayPal / Ebay – Credit card / payment processor / Auction
Pembury Tavern – A pub in London, England
PizzaForCoins - Domino’s Pizza signed up – pay for their pizza with bitcons
PSP Mollie – Dutch Payment Service
Rakutan – A Japanese e-commerce giant
RE/MAX London – UK-based franchisee of the global real estate network
Reddit – You can buy premium features there with bitcoins
Sacramento Kings – Professional Basketball team out in Sacramental California (NBA)
San Jose Earthquakes – San Jose California Professional Soccer Team (MLS)
Save the Children  – Global charity organization
Sears – Clothing and household products, electronic store
Seoclerks. com – Get SEO work done on your site cheap
SFU bookstore – Simon Fraser University in Vancouver, Canada
Shopify. com – An online store that allows anyone to sell their products
ShopJoy – An Australian online retailer that sells novelty and unique gifts
SimplePay – Nigeria’s most popular web and mobile-based wallet service
Square – Payment processor that help small businesses accept credit cards using iPhone, Android or iPad
State Republican Party – First State Republican Party to accept bitcoin donations 
Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478-1177
Stripe – San Francisco-based payments company
Subway – Eat fresh
Suntimes. com – Chicago based online newspaper
T-Mobile Poland – T-Mobile’s Poland-based mobile phone top-up company
Target – An American retailing company
TechCrunch. com – IT blog
Tesla – The car company
The Libertarian Party – United States political party
The Pink Cow – A diner in Tokyo, Japan
The Pirate Bay – BitTorrent directories
Tigerdirect – Major electronic online retailer
Victoria’s Secret – A lingerie outlet
Virgin Galactic – Richard Branson company that includes Virgin Mobile and Virgin Airline
WebJet – Online travel agency
Whole Foods – Organic food store (by purchasing gift card from Gyft)
with your money, for free!
Wikipedia -  The Free Encyclopedia with 4 570 000+ article
WordPress – An online company that allows user to create free blogs
Yacht- base – Croatian yacht charter company
Zappos – Online retailer
Zynga – Mobile gaming        
Bit COINS ARE NOT GOING AWAY. You think these Companies take them only so it is more convenient for you? How about they know the price is going to sore. Soon you will be able to pay your phone bill, Internet, cable bill and the list will not stop. Yesterday I even saw a BitCoin Debit Card and not only can you use it to pay your bills from your BitCoin Wallet you pull Gold out. The above list should give you a good idea of the growth of a currency that has been around less than 10 years. Yes, we have the people that say but what if the electric goes down. No Problem you put your coins in Cold Storage off the Computer. You can’t loose. Anyone at this site knows that the dollar does not have a very long time to last. I make no predictions but no FIAT currency accept for our has lasted over 40 years. It’s only a matter of time. Personally I believe within 5 years we will see BitCoins trading at over $100,000 as gold and silver go no offer. They are ready to explode so you may as well get on the train. Personally I do dollar cost averaging and buy $50.00 a month. Its set up to pull it right off my debit card. Don’t be confused and think that this is a hard endeavor. It takes 5 minutes to set up a wallet to hold the coins and another 5 minutes to get the coins or fraction thereof into your wallet. Then you can watch your wallet grow $50.00 will become $60.00 and as the coins become an accepted currency by all you will do is smile. The downside, I should have bought them when they were .33 cents. The two largest exchanges in the U S I believe is CoinBase and O. K. Coin. I use coinbase you can enter the amount you want to buy give a credit or debt card and the coins are in your wallet in 5 minutes as they also have a wallet system. If you have any doubt that it is a safe haven for money just go to fiatleak at night when the Chinese are awake and watch them fly in real time. Over the weekend I watched over 1,000 traded in less than 10 minutes. I am not giving you financial advise but I am telling you that I have watched them grow and why would you keep your money in the bank and get charged for it. At CoinBase if you want to sell your coins they will buy them and put the money on your credit card or paypal acct. Just because we have all this insanity going on around us don’t loose site of the fact that we are on the verge of having some serious money problems. Hyperinfaltion is at our door.  

 

 

 

 

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