BitCoin Takes Off Like A Rocket as Both Japan And China Endorse Crypto Currencies

As most of my friends think I have lost my mind, as i’m sure many of the readers that would fall in to the awakened category understand.

So I am searching the usual sights that a distorted mind would check and I came upon a sight called Crypto Viewing.

This sight run by one of the top remote viewers in the world who had recently discovered the crypto space. Dick Algire a military trained remote viewer did a video on BitCoin.

In the video he indicated that during a remote viewing session, which by the way takes a considerable amount of preparation, stated that BitCoin would start a run up to $12,000 in the third week of July. I filed the information in mind and went about my business of enjoying the mountains of Mexico.

As the days went by I noticed that multiple Countries had released information that they would endorse BitCoin as currency, not only that several banks had begun to institute a program of their own to get into the crypto space. In the back of my mind I will always believe that this is the long road to a single world currency.

That said I tied that together with the fact that China is in the process of expanding internet service in the Country to reach several billion people. Here are just a few articles that I had come across that made me think that Dick may be onto something.

About 10 days ago I decided to throw a bit more money into my account as I had noticed that the price had begun to climb but nothing like what has happened in the last week. As I write this I had just finished my morning coffee and decided to take a look to see where my meager investment had gone. I am not a wealthy man so I was taking a substantial risk. I signed into Fiat leak a site that monitors in real time sales of BitCoin by three or four of the major exchanges.

To my amazement the price had gone up $900.00 while I slept and continues to go up a $2.00 a minute Since I began writing this article the price has gone up $150.23 to $8,277.60. So when people ask me if it’s to late to buy of course I say no.

Based on the number of countries that have endorsed BitCoin in the last month I believe we will see $100,000 by years end. This is not financial advice. If someone had bought 1 10 days ago they would have made over $600.00 and climbing. I didn’t because at the time $7,636.00 was more that I could spare. How people make a million dollars. They buy something with tremendous promise like digibyte which one can buy 1,930 coins for $100.00. Cheap right, they are doubling in price monthly.

Another $1 Billion Blockchain Fund to Launch With Government Backing Jul 24, 2018 at 09:30 | Wolfie Zhao The Chinese city of Nanjing is launching a fund worth over $1 billion to support development of blockchain projects. Bitcoin Price Climbs Back Above $8k to Reach 60-Day High Jul 24, 2018 at 06:15 | Wolfie Zhao Bitcoin’s price jumped by $200 within two hours on Wednesday and passed $8,000 for the first time in two months, data shows.

UK Central Bank Says New Payments System Will Be Blockchain Friendly Jul 24, 2018 at 02:00 | Anna Baydakova The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms. Fisco, a financial information services provider, began operating a bitcoin exchange last year and is up about 25 percent since early May. All of these gains coincide with bitcoin’s rally, with the value of the virtual currency doubling against the U.S. dollar since early May.

That has made the stocks of the these small-cap companies an attractive way for speculators to invest in cryptocurrency markets without buying them directly.

That’s because investors can make bets via their brokerage accounts instead of taking risks with bitcoin exchanges, according to Naoki Murakami, a well-known day trader in Japan. “From about a month ago when all these virtual currencies started spiking like crazy, we began seeing the so-called ‘stocks of the virtual currency bubble,”’ said Murakami, a frequent speaker at investor conferences.

HOW ABOUT THIS!

Fisco, a financial information services provider, began operating a bitcoin exchange last year and is up about 25 percent since early May. All of these gains coincide with bitcoin’s rally, with the value of the virtual currency doubling against the U.S. dollar since early May.

That has made the stocks of the these small-cap companies an attractive way for speculators to invest in cryptocurrency markets without buying them directly. That’s because investors can make bets via their brokerage accounts instead of taking risks with bitcoin exchanges, according to Naoki Murakami, a well-known day trader in Japan. “From about a month ago when all these virtual currencies started spiking like crazy, we began seeing the so-called ‘stocks of the virtual currency bubble,”’ said Murakami, a frequent speaker at investor conferences. “Not everyone is sure they can trust bitcoin exchanges. And some don’t have accounts there.

That’s why they’re using the stock market to speculate.” Another reason why these stocks can become proxies for bitcoin is due to Japan’s relatively loose listing laws, some of which require no income and a market value of as little as $10 million before a company can go public. That’s made the Tokyo Stock Exchange home to hundreds of small companies. “It’s pure frenzy,” Murakami said.

In April, Prime Minister Shinzo Abe’s government legalized digital currencies as a form of payment and placed rules around audits and security. That lent credibility to digital currencies, leading to some Japanese companies seeking partnerships with bitcoin.

                                                                It’s not to late. If anyone needs help e mail me.