NEWS AND VIEWS FROM THE NEFARIUM MAY 3 2018

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With the Skripals being held at arm's length from the media, with Japan to host the Chinese and North Koreans, with Israel buying 3 Dolphin class submarines capable of launching nuclear weapons from Germany, you might have missed this story, but Joseph has some high octane speculation about it, after he remembers a little of the history of hysteria that attended the launch of "cyrpto-currencies."

Soros, Rothschild, and Big Institutional Investors are Entering Bitcoin Market

 

8 thoughts on “NEWS AND VIEWS FROM THE NEFARIUM MAY 3 2018”

  1. Hi dr Farrell!

    Instead of being such a sceptic towards Bitcoin (the major cryptocurency) I think you like Soros and the Rothschilds should dip your toe into this ecosystem. (Not financial advise, just my personal opinion and it could prove to be a valuable move witch could improve your economic stance in the years ahead.)

    Why? 17000000 of the total 21000000 “coins” have already been mined and a high percentage of those are in the hands of people that only intends to hold on to them while the price in the coming 2-3 years (and decades) will certainly rise to prices that are hard to imagine at this point in time. This group of people are referred to as “HODLERS”.

    Thus only a fraction of all Bitcoins are “for sale” or out in the marketplace. Do some speculation based on that fact alone.

    Each day people are pouring into the market. Smaller and larger funds are still on the sidelines but in the coming six months they will start to invest, at first in a limited way, since the volatility is high. But with a 200 day moving average ricing for years, and investmentgains leaving everything else way after their customers are demanding exposure.

    Holding on to the asset/currency has yielded a truly fantastic return and there are no reason this woun´t continue for many years.

    The funds will probably come to realize this investment has a much lower risk than investments in the current system, (on the way to a magnificent breakdown), another reason they will certainly increase exposure over time.

    More and more high value individuals are coming into the space and it is likely that Bitcoin (BTC) will take a substantial part of golds marketcap. That means trillions will be invested in this assetclass/store of value.

    This is still a revolutionary technology in it´s infancy and without question Bitcoin right now has a limited value as money due to it´s volatility and lacking of infrastructure. No one has to question that this issue will resolve itself as the marketcapitalisation evolves.

    There are seven different well defined network effects that will exponentially increase the value of Bitcoin. I will not try to explain those today bet they are definitively there and one by one they will come into play and propel the reach of Bitcoin in the global population, usecase in business and as a store of value for trillions of dollars spread all over the world.

    The pricepattern of Bitcoin exacly follows that of gold (before goldprice started to be artificially suppressed by the Fed in collusion with the biggest banks). For me that sais the level of manipulation going on is limited. And with manipulation I don´t count a tendency toward bubbles in certain phases of this incredibel bullmarket.

    It is very easy to project future Bitcoinprices due to it´s deflationary construction with a maximal number of coins. The mining pace of new coins is cut in half every four years and the amount of Bitcoin that will ever be mined is once again fixed. This is the reverse compared to the fiatsystem in place allowing Fed the power of unlimited printing of currency.

    The value of a a twentydollar bill is perhaps the cost of the paper, a few cents. The price to mine a Bitcoin is around 2000 USD and it´s virtually indestrucibel and has all the characteristics as money in the future world, even better than gold according to me. (Try to send a few tons of gold to mars or beam Bitcoin efficient with the speed of light and tell me which alternative seams more practical.)

    Ergo:
    Coming back to manipulation. Every market on the globe is manipulated to a certain extent but due to the facts (se above) the possibility for Soros, Rothschilds etc to do this is limited and decreasing as time goes by. When the market cap increases the volatility will decrease until that issue doesn´t limit Bitcoins use as money anymore.

    The limited way Bitcoin can be manipulated makes orchestrations of different kinds of scenarios with dramatic impact impossibel.

    The architecture of the system, using blockchain tech and a distributed ledger means that Bitcoin is totally out of reach for heavy regulation. Every fatal move of the Fed, governments etc can be circumvented.

    Developments show that a the risk of global concensus among governments to clamp down on Bitcoin is virtually nonexistent since for instance Japan has already adopted Bitcoin within it´s legislation. (If a concensus was reached all over the world it wouldn´t change a thing).

    The ledger is spread over the internet and even if authoritys totally shut it down the ledger would be uploaded from the thousands of “nodes” hosting it as soon as internet was availibel again. One computer is enough.

    In the ultimate case the ledger could be downloaded from satellites that are alreadey in place. Bitcoin will certainly stick around for a long time.

    A government that clamp down on this technology will stifle it´s future development as a competetive nation, it´s industry, know how, new jobs, economical developments etc and regime would be seen as totalitarian.

    Blockchaintechnology will change the world in coming decades. Applications of it will develop in every aspect of our lifes. It will also guard your personal integrity and stop surveillance over internet 2.0.

    Greetings from Sweden 🙂

  2. Another nudge forward on the road to a cashless society, with all the nefarious implications thereof.

    The previous comments in this thread are very astute, I think. Cryptos certainly seem to be tailor made for intel-agency use (money laundering, payoffs, etc.). Coupled with a universal basic income, cryptos would be one of the most potent, efficient surveillance and control mechanisms the world has yet seen. The big guys and their announcements are probably meant, at the very least, to legitimize cryptos in the public mind and/or facilitate a pump-and-dump in the crypto market.

    1. Bitcoin and other cryptocurrency in general is not what criminals and terrorists prefer, that´s the result of a recently published paper. Such elements overwhelmingly prefer cash – that´s a fact.

      This argument is a favourite among central bankers and established figures in the bankworld – and that´s so predictabel since Bitcoin and other cryptos poses a big threat to their power.

      And why is cash still allowed? It´s much harder to trace than Bitcoin. The legal branch are very positive toward Bitcoin!

      There are many people with limited or nonexistent knowledge in this field but still holding strong convictions. I suggest they do their homework.

      Greetings from Stockholm, Sweden

  3. I am a long-term The X-Files fan, seeing Episode #1 as it aired. I have kind of internalized its ‘mindset’; this being the PTB will ruthlessly and remorselessly rub-out anyone who threatens their agenda. In our world, that translates to the PTB absolutely refusing to share financial power (“Sauron does not share Power.”) and knocking-off anyone who threatens their hold. America’s JFK, Libya’s Qaddafi, Iraq’s Hussein, etc.

    Now, focus down to the Bitcoin Market. If the PTB felt the slightest bit threatened by cryptocurrencies, the originators and every mover-and-shaker would have been ‘dealt with’. Vanishings, ‘suicides’, cancer, heart attacks, etc. So, either the PTB felt no threat even as an outsider, or they were ‘in on it’ from the start. I favor the latter…

    The Soros/Rothschild/banking-complex is, in my opinion, deeply interwoven with the intelligence community. (Probably their boss.) This would tie-in with the reputed origin of cryptocurrencies within the intelligence ranks. In turn, this would fit-in with both surveillance and control of the masses. Having the ‘big guys’ go public with support for this medium is evidently the next step with the legitimization of same…

  4. The problem is not only volatility but security.
    Your crypto could be stolen: anywhere, anytime.
    Couple that with those purposed back doors and the “boys” could j’accuse one of using said hidden funds for crimal acts of x, y & z. The other side of the manipulation, orchestration & regulation coin of the realm .
    Fake digital currency evidence being manufactured and emailed to your nearest Kangaroo Court.

    No doubt the media’s setting the stage for the next crypto currency act brought to you by and sponsored by Rothschild & Co.

    Why would anyone trust “them”?

  5. In a bit of synchronicity earlier today, I had run across the following article in which our old pals from Goldman Sachs want in on the cryptocurrency action too. It seems they have been “inundated with client requests” for offerings

    uh-uh, sure. Nice way to drum up interest.

    Goldman Sachs Says Bitcoin “Is Not A Fraud,” Plans To Begin Trading Within Weeks
    https://www.zerohedge.com/news/2018-05-03/goldman-sachs-says-bitcoin-not-fraud-plans-begin-trading-within-weeks

  6. I would offer that the markets as a whole, are also divorced from human determination. The algos have been running the show for quite some time. This was inevitable once there was no way to price risk, due to the FED granting interest free loans to banks–endlessly! The crypto market is thinly traded. True crypto believers are HODLRS (holding on for dear lifers), so any entrance into that market by deep pockets will have an exaggerated effect. Although, BTC has had significant corrections in price historically. I agree that Soros’ and the Rothschild’s entrance into the market is probably to reduce volitility. The goal being, to suck more people into the crypto market. Crypto’s real problem, is that it is not being used as envisioned by Satoshi Nakamoto–as a medium of exchange. That leaves cryptos as a mere speculation, one that cannot and will not end well.

  7. Cryptos fluctuate so wildly simply because they have a minuscule market cap. A single trade/selloff of $500K – 1M can send any one of them plunging wildly, so they are ripe for manipulation by the likes of the Soros Gollum and the past masters at the game — heck the ones who invented the game — the lovable Rothschild clan. There is simply no way for them to calm the volatility unless they corner the market, which both of them certainly could do, considering the vast amounts of fiat they have at their disposal.

    Also, despite all the hysterical press they get in the US, the major holders and traders of cryptos are small day traders in South Korea, Japan and China — in other words, the proverbial Mrs. Watanabe, the bored Japanese housewife.

    So, what we’ve got here is a perception problem skewed by several orders; everyone’s looking through the wrong end of the telescope.

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