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So you Feds think you can hurt our beloved BTC and get away with it huh? Well, I’m afraid your Karma isn’t nearly that good for one life time. You Feds are gunna get what’s coming to you in the financial world, and you can try to stop the bitcoin deluge, but your paper bullshit money is going down the tubes.

To all of you bitcoin bears right now:?

Go ahead and sell if you dare. Or, would you rather withdraw your bitcoins from MT Gox if you are worried all of Mt. Gox’s account will be seized. Anyway, This whole thing with the government’s attack on Bitcoin may not wake many people up, and that’s why they think they can get away with it, but being two or ten steps ahead of them. They want to stop the flow of the dollar into bitcoin, because they know it will destroy them. Now is the time to unveil the great refusal. Look, if they seize MT GOX account, Dwolla accounts or WHATEVER, what makes you think that they won’t try to seize YOUR account? HMM… Seize your account they will.

See? They are exposed to those who watch, but what about to those who do not watch? Those who do not yet believe that their government is coming for them – those who blindly believe that they don’t really deserve more than what they have?

We should be treated like KINGS and QUEENS – not that we are, but we have the right to own land that is not a fucking rental, and the primal lords of this citizen land that we are shall be known to all men. Cherished beings worth more than paper crapolla they feed us is what we are.

So, with no further ADO, a bet on bitcoin through a rap of EXTRATERRESTREALITY, who they think they can wrongfully imprison.

BULLY POWER BY GOVERNMENT LIKE THIS IS THE SPARK OF LIGHT THAT SETS BITCOIN ON FIRE, NOT WHAT HURTS IT. IT WAS CRASHED FROM $240 ON DDOS ATTACKS, WHERE WILL IT GO WHEN IT IS ATTACKED? IT CANT BE ATTACKED, IT’S DECENTRALIZED. GOOD LUCK GOP LIBS

Holy Star Wars melanite ministry,

No befriending me,

I murder every mutant species of pale supremacy,

This entity gets rid of all enemies mentally before they trap your unborn babies in penitentiaries.

The arch nemesis, super white supremacist that invented Clark Kented concepts, I’m dark tinted from a UFO’s magic window looking below like a black crow at human shadows covered in snow.

Cold thoughts form the heart,

Antarctic winter blizzards,

Temperatures go and drop below absolute zero,

I heard tales from those who almost froze in solid snow,

But were saved from ICE AGE and rescued to an iglo,

Brought to safety by way of an eskimo extraterrestreal,

An ancestral, celestial light being from the North Wing,

Asiatic descent,

Alaskan Monk!

Dear Max Kesier,

I hope all is well with you. The idea of “pegging” the bitcoin to a given amount of fiat is a bit ludicrous, considering that a free market is a free market and a fixed market is a fixed market. You, or anyone, could always put in an endless buy order at $100.00 per BTC so that the price never drops down below that, but you’d have to have the fiat.

More importantly, however, what we will see, and what is very suspicious is the price spike in BTC and the BTC crash right as Au and Ag plummeted. This is suspicious, because we already know that gold and silver are futures/derivative manipulated markets, and that there is only one ounce phyzz per hundred paper ounces out there. At the height of the BTC spike, I looked at goldsilverbitcoin.com, and I saw an ounce of gold for like 5.99 BTC or something, which was a great deal looking back, but I think we will see an even better deal in terms of BTC. People are moving away from pricing Gold and Silver in dollars (paper backed by nothing but the “faith and trust” in the unethical, corrupt U.S. government), and they are moving toward pricing it in a hard asset – Bitcoin. So, the power of Bitcoin is not its value in dollars at all – it is its value in gold and silver. The goldsilverbitcoin.com has been closing in on its gap in price so that buying in BTC is even more competitive, and the great thing about people’s moving out of the BTC and into Gold and Silver is that they pay no capital gains tax, because the standard is “like for like,” and they never had to move into USD to do it.

However, what is comforting about all of this BTC/Au/Ag correlation is that it could mean we will see more of this – that now, somehow, the BTC price in USD has become linked to the Gold/Silver price in USD. BTC is on its way up in the world, so if it pulls the metals along with it (you can always trade BTC for Au or Ag), then the more the merrier.

However, when you need to get out of your shorts, you gotta use the USD, because nobody in their right mind will trade you BTC for your short position. You’d have to be a moron to trade BTC for naked silver shorts. We’ll get them in the end. Have patience, the fundamentals never lie!

Also, check out my other articles below. I hope you like the BTC: A hedge against silver manipulation article.

All the Best,

Parker Emmerson

With over $300*Trillion in derivatives exposure, the U.S. is practically endorsing bitcoin as the new currency of worth, while demolishing the the dollar, sending it straight the the gutter. How, you might ask? When the shorts get squeezed, the banks go belly up, and the exposure to toxic assets collapses, the people will find they have a government that decides to print more and more money, as it is now, like America is starving person treading to keep afloat in freezing water, though Washington remains the wealthiest area in the country. The only thing the government will be able to do when the JPM collapse is engaged is try to cover the banks with paper funnies. This will be only a small reason why bitcoin will explode. With bitcoin’s being the most efficient, fastest, safest, most anonymous way of transferring honored currency to anyone – anywhere in the world, most, if not all corporations will turn to bitcoins for SOME period of time in order to transfer assets as the criminals squirrel money away and the mega-corps evade (vacate) the dollar. Crypto-currency will be king, and who is more authentic than BTC? As we have seen, if BTC were to capture just a tiny fraction of the Forex markets and the interest of the mega corps, then it’s price would be in the hundreds of thousands and potentially beyond. The philosopher king will be bitcoin makers, so you can be. So, instead of training to be a slave to the dollar and a slave to the government dole, why not be your own miner of bitcoins and set yourself free?

Finally, we must understand how bitcoin, when it does achieve ultimate value in terms of fiat currencies, will both spawn gold price rises by removing supply of physical on bitcoin’s way to the top. Look how many bitcoiners also believe in hard money (silver and gold)! They will use their bitcoin profits to change directly into bitcoin, trading “like for like.” Then, you will see how bitcoin sharply increases in value just from the realization of its potential and a flood of believers, only to be sent into the astral sphere because of the failure of government policies and derivatives collapse.

The constipated banking system has been stuffed full of easy money by the Federal Reserve. It needs to expel the digested $$$, but cannot, because it is very constipated. Why is it so constipated? – The answer is that nobody can get a loan, and the small-ish real estate investors cannot refinance, because banks are happy loaning money at 1% return (guaranteed). Slow, lazy banks are fat as a stuffed pig, but Bitcoin (BTC) is the knife that will stick the fattened pig. Or, another analogy would be a hot-air balloon rising until it hits the top of the atmosphere and the flame goes out due to lack of O2. Either way, the bond market is in for a crash, and BTC is the only place for digested $ to go. BTC – it looks risky, so people are not totally down for taking personal loans out to invest in it. However, that would probably not be such a bad investment right now. People with CC #’s with 0% for the first year could do it through cash advances, and there are several other, more significant ways that money can leak out of the banks and get transferred to BTC.

The reason that Merrill Lynch recently dumped massive amounts of gold, and the reason why gold has gone down recently is because of the Merrill Lynch report detailing the recent lack of inflation, which is contradictory to the fact of Quantitative Easing, meaning that the QE money has not yet left the banking sector AT ALL. When it does, there will be blood, metaphorically speaking of course.

The Top Five Potential Ways Quantitative Easing Money (USD) Will Leak into Bitcoin (BTC):

#5. Greedy bankers will buy BTC with the QE money they looted.

#4. As Bank of England QE is clearly causing inflation, BTC will be bought in order to transfer wealth into other fiat currencies, because BTC charges no fees for sending money across boarders, and for now, there is enough price rise on average (look at BTC’s inception and where it is now and tell me it’s a bear) to pay any transaction fees associated with converting back to fiat.

#3. Bank of Japan QE money may leak overseas, in which case, U.S. QE would leak as well.
The Japanese will buy some BTC.

#2. Futures trading will be allowed in BTC.

#1. As debt to GDP approaches 1:1, Chinese government will drop U.S. bonds, so the U.S. will need to stimulate inflation, and allow some or all of the QE money to leak so that the Chinese to not get as good of a price on the bonds they sell. – Maybe, but unlikely, since both elitist forces are in league. Chinese will buy BTC as the best way for transferring money back into Yuan or gold/silver/other fiat.

What will happen when just a tad bit of this money issued by the Fed leaks into BTC? The BTC price in dollars will sky rocket, Fed will force Gold down as it usually has in order to keep the value of the dollar up, but when the Fed figures out that the money is leaking into bitcoin, it will create a food shortage instead by using the following methods to rack up the price of food:

#1 Going long on soybean.

#2 Creating droughts with weather manipulation.

#3 Killing jobs.

The initial paper outlining bitcoin was created on October 31st, Halloween of 2008. It is interesting how bitcoin portions are often written in Tonal, a base 16 rather than base 10 decimal system, because many of the coefficients in the system of a circle’s folding into a cone, especially in the more advanced conceptions of the meanings and algebraic configurations of the cone, are hexadecimal sorts of numbers. See below:

Bitcoin Satoshi Marker

Bitcoin in the Echoes of the Cosmic Equation

See? Many of these coefficients are readily expressed in Tonal, base 16 systems. Also, I have heard that bitcoin is based on searching for prime numbers and then verifying the finding of these large prime numbers, so I wanted to note that these coefficients in the equations, when divided by each other in different ways yield PRIME NUMBERS. Now for the real commentary, not the b.s. from the peanut gallery like the PRIME NUMBERS link.

https://news.ycombinator.com/item?id=2976075

http://maxkeiser.com/2013/04/15/is-bitcoin-sunnah-money/

The bitcoin Pie can be thought of as all 21,000,000 bitcoins that will ever be minted/mined. If thought of as a circle or a sphere, the area of the pie has a “market cap,” each bitcoin’s or satoshi’s (smallest fraction of a bitcoin) being some share of that pie. Of course, due to market forces, the value of a satoshi can change depending on how many are in the market place at once (i.e. flooding the market place). That’s being said, the 21,000,000 bitcoins can be thought of as a pie, and each bitcoin one slice of the circle. What aspect of the circle represents monetary value (exchange rate)?

If anything, bitcoin has been shown to be a wonderful tool for moving money, and so far, mostly increasing in value. I recently heard of someone’s paying $300.00 just to move $10000.00 to the Middle East. That is absurd! What a rip off. If you were to use bitcoin, it would be totally free and probably much more secure.

This shows us that bitcoin now has an intrinsic value – the mechanism of transferring credits. Valued by some more than others, these credits provide a secure system for transferring wealth to those who give the system credit. Just because something originated with little or no intrinsic value does not mean that it could not have grown to obtain the virtue of intrinsic value. Just because history holds one commodity to be “sacredly” valuable (gold), does not mean that another will not uproot it. Why should bitcoin be credit worthy?

1. Bitcoin has a web (network) of people who will accept it now.

2. Bitcoin is valued by a large number of people, growing more every day.

3. Because bitcoin is now valued, it is useful.

- Theory – Bitcoin price will explode very soon, because it has attained usefulness to its own credit, and it provides a service no other system or government, corporation or broker can offer – anonymous wealth transfer at the sleight of a hand.

The form of bitcoin:

bitcoin

bitcone

743, 11, 17, 351, 4379, 67, 109, 1103, 1721

The Butterfly Effect tells us that in a chaotic system (chaos theory), one small motion or action can be the focal point of massive changes within a system. In a similar fashion, one straw added to a camel’s back can be that final additional weight that brings him down. Could there be one financial trigger that brings down the financial system? – A system whose obligations are clearly pinned up precariously and whose leverage is clearly over extended.

The Straw that Broke the Camel's Back - One Ounce Fine Silver

The organized system of nature, whose magnificence is clear in the organic experience of life, is a system arising out of chaos. The painstaking process of evolution ostensibly brings us to this culmination of potential harmony in agriculture and industry through both Darwinian and Morphic Resonant fields. Yet, the introduction of just a few genes (GMO) in the common species of food meant for human consumption can destroy this process, eventually eradicating the usefulness of plants and jeopardizing human health. One of the common GM varieties of widely consumed plants is soy.

Soybean Oil is sold in 35 lb. containers to most food establishment for frying – this is almost 100% definitely GMO Soybean oil, and not surprisingly (though the first bit of suspicious information), one of these 35 lb. containers is equal in dollar $ terms to approximately one ounce of silver ($29.00 for the sake of argument). How much soybean frying oil is produced per year? How much is consumed? These are important questions, but the one I will answer is: If the prices stayed the same, how much silver does it take to buy all the soybean oil produced during one year at the current spot price? Or, in other words, how do these markets compare in dollar terms.

http://www.economywatch.com/economic-statistics/price-index-indicators/Soybean_Oil_Price_Index/

42.6 Million Metric Tons of Soybean Oil were consumed in 2011. That is 93,916,900,000 lbs. At a semi-wholesale/semi-retail price of $28.50 per 35 lbs. tub, this would have had a total value in U.S. dollars of: $76,475,110,000, or at recent spot prices of silver ($28.50 per ounce), 2,683,340,000 ounces of silver – that’s right, billion. So how many ounces of silver exist anyway? I love this infographic series as well as the others like it, but this one shall suffice http://silverdoctors.com/silver-bullion-visualized-the-ultimate-silver-infographic/

So, with 29,665 tons of silver ever having been mined, that would be:

29665*2000*16 = 949,280,000. Oops, that’s right, it’s only, in the hundreds of millions – not even two billion ounces. The world consumption of soybean oil for one year has a higher value in dollar terms than all the silver ever mined. How can that even be possible since silver is a finite resource more than soybean? Granted, a great deal more sleep beans are produced than silver, but genetic manipulation is also a form of market manipulation.

The massive silver short positions by the major, so called “too big to fail” banks raise the buying power of the U.S. Dollar artificially. Granted, soybean oil takes more energy to produce than soybean itself, but just so we are clear, and I think everyone who has studied this at all knows that agricultural production uses a great deal of silver (pesticides).

With 83.2 million metric tons’ having been produced in 2011,  at an estimated average of $470.00 per metric ton, the total soybean for one year’s production would come to $39,104,000,000. So the soybean oil produced in one year is worth almost twice as much as all of the soybeans.

To buy all of this soybean raw with silver at today’s spot price, it would take 1,372,070,000 ounces of silver. It is completely unrealisitic to buy this much without affecting the price, but I’m just using the dollar to compare the value. I mean come on – the total short position in the silver market is 189,000,000 ounces, or $5,386,500,000. Demand for soybean oil will halt when people demand a specific kind of soybean oil – NON-GMO soybean oil, and you can’t use certain pesticides on NON-GMO soy. I believe it may be safer to use silver-based pesticides than glyphosate, because of this article – just a possibility – needs fact checking and a lot of serious research.

The massive silver short positions by the major, so called “too big to fail” banks raise the buying power of the U.S. Dollar artificially. A dollar fabricated to be loaned to a government whose debt is backed up only by machines of war – air craft carriers, drones, cruise missiles, ammo stockpiles and tanks is one that will have no moral high ground, and lose support quickly. These machines of war are paid for by that very dollar – looks like someone has their shoe laces tied together. The ethics here are astoundingly obvious. Nobody wants to buy into a rigged system of permanently mutated commodities. As people grow increasingly aware of the dangers of genetic manipulation, we will see the tide turn, and the veil that shields it from being seen as a form of unethical market manipulation will also be raised.

While dollars are limitless in potential quantity, and are issued by a bully – namely the U.S. Government who insists on attacking our civil liberties at every turn as well as other innocent people physically (drones), some currencies, namely silver, bitcoin and gold, are not capable of being limitlessly supplied at a whim.

However if you control the price of silver you can control the buying power of the dollar. The soybean oil and soybean market are much larger markets in terms of US dollars presently. Thus, there is a lot more money to be made (or lost in a free market) on smaller movements in the price. As you can see here the price of soybean likes to follow around the price of silver like a big pet. I’d say it’s this way and not the other way around, because silver is the market that’s clearly the one that’s more manipulated by short contracts. Keep stacking, and one day, this camel’s back will crack, forcing the likes of JPM into a short squeeze for physical delivery, and all the beans will go flying out the window for just that one ounce of phyzz.

Silverdoctors.com and Max Keiser have both done extensive documentation and exposing of how the silver market is manipulated. Traditionally, silver has been seen as a hedge against inflation, but how can this work if it’s a manipulated market through phony ETF’s and re-hypothecated lending of bullion? The silver supply is running out, and you can see just a few of the figures for its rapid consumptions here and here. I would like to find a new way to graph and analyze the relationships of bitcoins to the U.S. Dollar, Bitcoins to Silver, and Silver in Dollars, and I believe you should probably own a substantial portion of bitcoins in addition to silver to hedge manipulation. Breaking it down, there is a need for a hedge against INFLATION AND a hedge against commodity MANIPULATION.

So, as documented before by others, bitcoins behave as both commodity and currency. It is important to note which markets are in place to permit exchange from bitcoins to silver/gold, bitcoins to dollars and dollars to bullion.

Dollars to bullion

There are a lot of dollar to bullion markets, and generally, I prefer Scottsdale silver, because they provide free shipping on orders over $500.00, and they have a nice reputation for quality products.

Dollars to Bitcoins

MtGox.com is the world’s largest bitcoin exchange.

Bitcoins to Bullion

Both coinabul.com and goldsilverbitcoin.com are two services that allow you to convert bitcoin into bullion. I don’t know why, but the price in bitcoins for bullion products is high compared to if one sold the bitcoins on MtGox, and then bought bullion with their resulting dollars. Will this ever go down?

When silver is manipulated – for instance the banks drop 2.5 years of U.S. silver production onto the market in ten minutes time in the form of short contracts, it makes it hard to see how anyone can use silver as a hedge against inflation in the short term. However, when you look at the rapid rise of bitcoin, you see that there is a useful tool to hedge your silver investment against manipulation in the markets. I see that it is harder to manipulate bitcoin than silver. For one, there is nobody out there who can claim to have bitcoin and then be granted the ability to short it like silver. People have not been accumulating bitcoin for ages like silver (supposedly), and there is little or no bitcoin derivative market.

Bitcoin is great, especially for short term transactions, because once you are set up through Dwolla, you can transfer money relatively anonymously across the world in an instant, or completely anonymously via thumb drive (flash drive, gig stick, etc.).

I want to get into the theoretical math of this issue now:

Look at the idea of: USD/BTC – a practical trade denomination.
Then, see the idea of: USD/OZ. AG – Commonly traded silver in USD
Finally, examine: BTC/OZ. AG – Buy bullion with bitcoin, usually overpriced.

Sin(t)=O/H
Cos(t)=A/H
Tan(t)=O/A

If the relationship between BITCOIN, USD, and SILVER OZ. were a triangle, what would we have?

Sin(t)=USD/BTC
Cos(t)=(OZ. AG)/BTC
Tan(t)=USD/(OZ. AG)

Within a system of arc lengths in golden ratio with each other within a triangle, we are dealing with transcendental equations and their intersections, a topic I’d love to get into with reference to financial analysis, but do not have time to do so now.

The question is really where the price of bitcoin will go anyway, so pricing bitcoins in silver is just a fine switcheroo.

Anyway, I was then thinking, well, what if its not the value of the bitcoin, USD, or OZ. AG that is locked in a triangular relationship, but the Rate of Change of their value?

First of all, let’s see an overlay of the graphs of the price of bitcoin in USD and the price of silver in USD

This is the chart that compares the prices of bitcoin and silver from bitcoins inception in 2011

The first time bitcoin spiked, silver immediately shot up a little bit to make sure that the cartel was not exposed. Then, due to the hack on MtGox, the bitcoin crashed. Since then, when silver dropped vertically, bitcoin was in the pits. After that, their movements followed each other a bit. Finally, now their prices meet.

What will happen from here?

I see the fist spike as one side of a potential cup forming, and I see today’s price as the beginning of a handle for bitcoin. I anticipate bitcoin will stay in the high 20′s to mid 30′s for the next three weeks to three months, and shoot up dramatically, silver following. Bitcoin can force the banking cartel to fold, because it came from  perceived thin air, which we recognize as the genius of entrepreneurialism, and when people can transfer bitcoin into bullion more and more readily, because their profits permit direct purchases with bitcoin, then they will be able to take delivery on physical at an exponentially increasing rate. Buy bitcoin now, and hold for relatively massive discounts in physical bullion.