If Fiat Currency is the Virus, Cryptocurrency is the Cure


Seriously, nobody has a clue what’s next.

And I’m not trying to sell you on any one cryptocurrency. In fact, I’m open minded. I’ve no problem at all, if you voice your opinion herein.

If you are like me, however, you’ve read and thought and read and invested…and scratched your noggin. Who can you believe? Is it too late to invest in crypto?

You know the answer. You can only trust you. Not Roger Ver, Eric Voorhees, Charlie Lee or Vitalik Buterin. Not Gavin Andresen or the Winklevoss Twins, but little old you.

“…the right time to come aboard…”

And for the record, I think that this space will continue to grow and that the right time to come aboard will be when you are damned well and ready.

You’ve waded though the articles, the graphs, experts and pumper-news. Then, as you sit there, sip your coffee and eat your bagel, sign onto your favored exchange or market, you make your trading decisions. And that’s that. It’s all about you, because there are no financial advisers in the new world. Even the professor types advise you to keep abreast of all the changes.

A turkey-shoot. You decide to gamble on bitcoin or hold as close as you can to a more traditional approach. Say Ripple XRP’s. Maybe a little EOS, spiced with some ADA (Cardano). A side of Ethereum perhaps.

Then you read more of the negative crud.

If you are a bank, you know you are losing when you must label the other guy as risky, however. That’s what JP Morgan-Chase and other threatened financial organizations are doing. It’s all part of a larger ploy (or plot, if you prefer) to stop the financial bleeding. But I could be way off the mark, right? Maybe the old guard won’t lose this round. What about the next one?

“…the final shakeout…”

Think about it. We could be witnessing the final shakeout in the cryptosphere. The next Amazon or eBay is right before our eyes, but we can’t see it. What’s more, the thing we are looking at can change how all of us save, spend, are taxed, and in the end, maybe even how free we will become. And you define the “we.”

Just how big could a cryptocurrency become, if it successfully replaces fiat currency altogether? If it simply adds to the mix? Now imagine that you own a piece of that pie. The right flavor of pie.

But let’s review. How is this new Bitcoin Bubble different than all the past bubbles? The Tulip, the Dot.com and so on? It’s not.

For one, cryptocurrency goes to the very core of the economic engine. The grease in the machine. Money. It’s being remade, right before our eyes and we are witnessing a sea change of magnificent and yet, peaceful proportions.  A technology, by all appearances — an invention – that seems unstoppable.

That’s the line we are fed. The juggernaut is here! Open thy wallet! Be part of the crypto-saga.

Listen closely, do you hear the lonely winds? The howling of the vacant lot where you will keep your trailer, if you dare dump your life savings into cryptocurrency? There is no grand castle here. No amber waves of green. It’s you and bankruptcy.

“…sea of red.”

The sea of red. A confirmation of all the foolishness rides in. There is no one to blame, but yourself. It’s reality check time. Again. With bits of “pump-green.”

I’ve bitten those bullets more than once — and still profited. No, not with fancy options. Not with BTC loans. With study and more study. Similar to what one might do before a good game. Study the players. Study the coach. Who is the General Manager? What of the human element? Did the coach dump a good player and is the team facing that very same player now? (Revenge is a motivator.)

Bitcoin and clan tumbled from its highs. Few if any altcoins reverse that trend or if they do go against the tide of loss, they are mere pebbles bouncing along the bottom of the stream. Billions of dollars in value have changed hands. Early investors have unloaded and profited; and by the looks of things, they won’t be returning any time soon.

Or is that the “game plan?”

Add to that bad news, China’s recent moves to kill cryptocurrency in their country. And stop their citizens from trading cryptocurrency abroad. That’s a big hit. It is also a way to excise a cancer. China, after all, is not a free country by any standard. Removing a fickle financial partner will serve to stabilize the crypto-space in the freer countries.

The bad news just keeps on coming. Let’s face it. This whole space might go “poof.”

When the world got the first modern self-regulated substitute fiat monetary system, called bitcoin, it moved forward, however. It leaped forward. By any measure, it was and may still be, a technological-trust phenomenon for the ages. And humans need trust.

Bitcoin’s progeny? All the rest? The crypto-pack, if you will. They came to devour the bad money – to chase it out. And what a chase it has become. But will it survive?

The pot, however rusted and weak, then calls the new bitcoin kettle, black. The old guard bankers call bitcoin an irksome and annoying bubble.

How can an electronic fiat cryptocurrency ever hope to compete, much less replace, the singular corruption we have today? The devaluing government regulated fiat currency? Without the permission of governments themselves?

Kind of a conundrum, huh?

The banker’s soft gloves fit ever so snugly, over the bureaucrat’s fist, after all. And that is the primary problem today. We need to separate church and state, once again. Only, in this case, it’s the money and state we need to separate. Take the bankers soft gloves off, completely, and peacefully. For it is then, that we can focus on the naked fist of the apparatchik.

“…come home to roost.”

The past remarks from bankers, about cryptocurrency being a minor player, that its transaction volumes were minuscule by comparison, have now come home to roost. A once favored ridicule to comfort the sacred depositor and boost the ill-gotten gains of the fractional reserve inflation banking-gang, is gathering moss. The soft gloves are wearing thin. A horde of trust-technology, innovation-neophytes, are now squarely at odds with their nemesis: fiscal trust, i.e., cryptocurrency at large.

Cryptocurrency was a pastime, a fad, said the bankers saturated with the easy-print riches of government fiat. Essentially, those mongers of the viral-inflation, waited for cryptocurrency to stumble. And then, they attacked — again. A diminutive art of “financial” war, with the weapon of choice, the soft-gloved fist. Use of the fist, of course — the regulators — to tame the crypto-innovators.

It was not enough for the bankers to fire their bubble-gun news guns. We’ve heard endless tales of tulips and bitcoin. How bad it was. How bad it is. How bad it will be again.

And yet, some companies made it. Some weathered the storms of creative destruction, if I may borrow a term from Alan Greenspan, a man who once saw the merits of innovation, until he turned the old leaf over.

Among the wreckage of the Dot.com bubble were survivors. Amazon, eBay, Priceline.com and others. The trick is to see through the barrage of altcoins. To determine the potential winners, beforehand. No easy task.

There will be survivors of this new “Bitcoin Bubble,” as it will come to be known. Which altcoin will make it?

“…a risk to speculate…”

After citing the bubble concerns, the soft-gloved banker-warriors will attack the small crypto-supply lines first. The credit lines, attached directly to their banks. That is in play now, in the U.S. It is a risk to speculate and the banks certainly do not wish to retain such risk. That’s understandable. But weren’t we all waiting for such a move anyway? The slow and easy squeeze? Until we joke about innovation that once was?

Next in line? Debit purchases. No, I don’t think banks will tell you how to spend your money. I think the fist will do that, and the soft gloved bankers will comply, naturally. It’s a team effort. One hand covers the dirty fist.

At the same time the banks are pulling the fiscal plugs to innovation, they are investing in the blockchain technology, and we all know this. But they forget one important factor: humans. We are not so fooled.

Humans know that the current monetary system is fraught with corruption and inflationary disease. Humans know that the dollar was infected long ago and it’s only a matter of time until it crawls into the gutter, like a dying drug addict, and spends its last. The fact that banks want to use the crypto-technology (blockchain) to move the old government fiat around, is not a solution. The infection will still kill the patient, one banker/drug user at a time.

Cryptocurrency, save for certain types (Stellar Lumens for one) are not infected with the fiat devaluation virus. They are limited in numbers. Any bank that uses the blockchain to move government fiat, is pushing the very same inflation virus. Consume with caution. For there will come a time when governments inject massive amounts of the virus, claiming it is medicine. Banks will don the soft gloves then, until they are completely worn out. Then, as the façade banks are today, they will die. The People’s Banks — only in name — will rise. If we allow it.

Here’s the next bit of good news, however. And I’m not the first one to report it. There is a tide approaching. Articulate and savvy investors with billions of virus-infected dollars (fiat money), not here to create cryptocurrencies or to buy stock in companies that are innovating in this arena, are here instead, to buy cryptocurrencies in volume. And remember, once a dollar (or any fiat) has been exchanged for the right cryptocurrency, the inflation virus dies. The patient recovers.

You can see hints of it now.

In the past, as I watched the billions pour into the crypto-sphere, I saw that many altcoins had inverse relationships. One would tank and another soar. Others just stayed the course. There was no general direction.

Fast forward to now. Many cryptocurrencies move in tandem. Is this a sign of institutional money flowing in and out? A sea change? And, are the bankers – the financial houses holding the lion’s share of the money – concerned about the coming withdrawals from their care? Why hold regulated money at all, if liquid cryptocurrency is available. Stability, of course, is the answer. But this alleged characteristic of fiat is the last gasp of devaluing currency.

Again, in the past, many financial researchers warned that the tide of incoming cryptocurrency monies would wreak havoc when the new investors panicked and ordered their brokers to sell. Massive outflows and inflows were expected, and this seems to be the case today. A Las Vegas style game.

Has this fear been manufactured?

Think about it another way. If you are a few years from retirement and willing to risk $10,000 or more in the crypto-markets, knowing it might just help you survive in the coming years; and knowing that your government has issued fiat money and it is beginning to remind you of the Venezuelan bolivar, why not try?

On the other hand, if you are not comfortable with the wild swings in value of the cryptosphere, you should probably stick with metals. Gold. Silver. Copper. Lug them around.

There is a “third way” though. If you are looking for a way to test the waters. To own a semi-cryptocurrency and at the same time, still be connected to the past-money. You might want to investigate Ripple XRP’s. This might also open the door to more gutsy investments in raw cryptocurrencies. Currently, you can use XRP’s to trade for many other cryptocurrencies at a fraction of the cost the exchanges charge. (We are slowly heading into “no-brainer” territory here.)


–JGS

Note: the above is not advice. Stick with your bank adviser for that. I’m certain they will steer you in the right and “official” dollar-denominated direction.

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Ripple XRP, Pymnts.com and Billionaires?


What if you read some nice articles? Polished and professional reports, that provided good information about Ripple XRP’s and other cryptocurrencies, but you just wanted to verify that the website was reliable?

What if the blogs on this particular site only linked to a few sources?

What if the website then added more sources, after you questioned their integrity? That the links they originally posted no longer recycled you to their older stories?

What would you think?

What if the website in question only listed a single author’s name, but hinted that other experts contributed to the blogs? Wouldn’t you want to see the names of those experts — as authors of those particular blogs?

What if the website reported that it was related to other companies, owned by billionaires who wanted to raise taxes? Who supported the socialist policies of the left, in America?

Would this bother you?

Recently, I drilled down into pymnts.com for more details. I wanted to know where their website was located. Trust, but verify, right?

This article, about one of my favorite cryptocurrencies, got me started. Well, some say it’s not really a crypto and that’s just fine. This is not about Ripple, exactly. It’s more about trust.


Pymnts.com blasts out articles (blogs). Minute by minute. A deluge of fun. One after the other. All about payments and matters financial. And about Ripple.

I made a comment about pymnts.com on Reddit. Not always a good thing to do. Now, we all know that Reddit is not the front page of the internet. It’s full of nonsense and good stuff. You need to pull your own weeds. At the same time, you will often find hints of things. Hints that hit the real news hours or days later, or never.

And you will get down-voted on Reddit for asking controversial questions – especially questions about pymnts.com. Such as, why is the website so secret? Why do they use a privacy service? And why the negative Reddit reaction?

I suspect that pymnts.com employees surf Reddit like there’s no tomorrow. In any event, when your questions are down-voted, your questions can be obscured from view. So, I asked myself why anyone would want to down-vote my concerns about pymnts.com on Reddit? On a public website? Bad press?

I no longer feel that pymnts.com is a click-bait organization. They don’t appear to have advertisements, so at most, they are just data mining the readers. Fine.

But, who owns pymnts.com and who registered the website?


I drilled down, but I did not use the pymnts.com website at first. I mean, anyone can write glowing reviews about themselves. I like to go to the disinterested parties first. See what they report. What’s the bad? What’s the BBB?

I used Google, Whois, BBB and Scamadviser. After all, when I drill down on Ripple.com, I can find all the goods. So, you’d think that an organization like pymnts.com wouldn’t make their details private. I mean other news sites don’t.


So, I look for any complaints about a website, before I trust their “news.” See if they are public or if they choose to hide their details. Meaning, do they broadcast their address, phone number and email address? Because even if a site has bad reviews, if they are public, at least you can verify them, right? You can state that “yes, the Whois record matches the public record and that matches the state corporate records and so on.” You can be reasonably sure that you are reading your preferred news slant from a favored organization.

Not so with pymnts.com. They are a bit…shall we say, “shy.” And privacy is great, unless there are other political winds blowing. Say, Warren Buffet winds. Political and/or subtle propaganda-like winds…from leftist field?


The first indication that a website has an agenda, is when they do not list their address, phone number or email address. They use a privacy service. They make it difficult for you to find them. The alleged reason for this is to protect them from spam, potential identity theft, fraud and so on. After all, we all know that when we list our information on the internet, that big scary world can now…God forbid…see our stuff. Then every scammer spams you, wackos call you on the phone and your good name gets used on strange websites. It’s a difficult price to pay, but as a journalist, as a reporter of news, as a lister of facts, sometimes you need to take that step. The good guys don’t wear masks, but pymnts.com does.

Still, a site can build a reputation. They can report all sides of the issues and even repeatedly link back to their own blogs, as sources. So long as they occasionally throw in a good source now and again, one that can be verified, then sites like pymnts.com are the golden children, right? Even if they do not give credit to their writers. I mean, Mr. or Mrs. Pymnts.com sure does write a lot. Is he a robot? Or is she many? Warm-blooded humans who are not getting recognized, publicly, for their good work?

And don’t read the pymnts.com job reviews here. Apparently, they have work-life balance issues, but these reviews might be old. They might all have lied too.


Back on the pymnts.com website, the first thing I noticed was that, unlike many websites their “About” link was grayed out and tiny. The idea here, is that you will overlook it. Or — that, the owner is not proud of the about-ness. Tell me different.

Now that’s interesting, I thought. You can click around, however. Try the pymnts.com Twitter feed. Go to their Facebook “about” page. Still, their information was limited. I ask again, why?

Okay, dump those titillating conspiracy theories. There is no way on earth that a billionaire is financing the fight against cryptocurrencies, using obscured websites, to slowly and quietly turn the tide of crypto-free-thinkers back toward the cesspool of fiat currency failures. No way, right?

But following the pymnts.comabout” link, you end up at a description page. The page advises that they are “#1,” but as usual, no source is cited. It’s like saying you make the World’s Finest Soda for Buffet. Great, I get it. I’m #1 too, just ask my dog. I my #1 was appointed too!

But here’s the fun part. The twisted birth. Let us follow the pregnancy, shall we? This is according to pymnts.com, of course.

Pymnts.com is brought to you by What’s Next Media and Analytics, LLC. (formerly known as 1st in Media)

The CEO of What’s Next is Karen Webster, who is, we are advised, a globally recognized authority in payments and commerce and a widely quoted author. Webster has assembled a team of leading economists, data analytic experts, management consultants, and journalists to provide cutting edge analysis.

In 2009, What’s Next was partly founded/owned by Market Platform Dynamics, which is a wholly owned subsidiary of Berkshire Hathaway and an investor and advisor to clients who want to envision and execute effective multi-sided platform (“matchmaker”) strategies.

Did I mention Market Platform Dynamics‘ listed CEO? Karen Webster.

What’s Next is also partially owned by Continental Advisors LLC., an investment advisor that funds new ventures in payments and commerce.

Business Wire, a wholly owned subsidiary of Berkshire Hathaway handles global market/commercial news and disclosure distribution, and is the exclusive press release service for pymnts.com.


What you just read is a bit convoluted. I apologize. But I didn’t do it.

The upshot is that Warren Buffet has skin in this game. And Buffet does not like Bitcoin. There are articles like this all over the net. Does he like Ripple XRP? Hard to say. He seems to see a bad ending for cryptocurrencies in general. But are XRP’s really a type of  cryptocurrency? And is Buffet attempting to insure the “bad ending?”


Back to pymnts.com. Now, we can’t confirm ownership of pymnts.com through Whois or Scamadviser or even where its website is located – since the website uses perfectprivacy.com to privatize its information.

The fact that Buffet’s company, Berkshire Hathaway, owns some interest in Market Platform Dynamics, which then partially owns What’s Next Media and Analytics, LLC., which brings us pymnts.com, should be enough to satisfy the curious, right? Not.

We can google CEO Karen Webster all day long and even What’s Next Media and Analytics, LLC.  We can see on Bizapedia.com that the LLC is a foreign one filed in 2016. So, is pymnts.com a foreign based website? I’d like to know the country. I’m just curious that way. A bio on pymnts.com just doesn’t cut it for me. Linkedin is a start. And I’m sure Karen is fabulous. I just have issues with the political philosophy of one particular billionaire she might know.

We can use the Businesswire.com website to search for references to pymnts.com and we can see, via Whois, that unlike pymnts.com, the website location (the United States) and many other details. Their “about” link gives you a world of information. And you can double-check Business Wire on Whois.com.

So, why is pymnts.com – the website – using a privacy service? Inquiring minds want to know.


Now to perfectprivacy.com. The site chosen by pymnts.com, to host their website. Think like a billionaire philanthropist. Think like a politician. Various internet searches will lead you to articles like this one. It appears that Hillary Clinton also liked perfectprivacy.com. “Hillary Clinton paid to hide the identity of the people running her private email server, Breitbart News has learned.” That was two years ago, from Brietbart. Interesting.

According to the Brietbart article, perfectprivacy.com is owned by Network solutions…which is owned by Web.com. Both organizations have had their share of complaints. And pymnts.com uses them?

Who else uses perfectprivacy.com for website privacy? Continental Advisors LLC. Remember them? They partly own pymnts.com along with Market Platform Dynamics.

Oh, and the perfect privacy folks also hide their own owner’s identity and website location. Go figure.

At any rate, a lot interesting stuff seems to swirl around perfectprivacy.com. Here’s one issue presented by Cisco in 2015, about PayPal phishing. Consumers Union reported student loan scams in 2016. And the list goes on.

I’m not saying that perfectprivacy.com is a scam site. Not at all. Just that scammers and  politicians make for good company.


Conclusion/Recommendation:

Ditch pymnts.com until they have the guts to come clean and stop using website privacy services, that criminals are apparently using.

But, when it comes right down to it, I really don’t care if Warren Buffet influences the pymnts.com blog, even if he a is left-leaning, increase-the-taxes, socialist. I don’t care if the pymnts.com website is private or that there are no author names. Pymnts.com is free to publish and hint that Ripple XRP’s may perish from this earth and that SWIFT will rule with inflationary fiats until the universe ends.

What I do care about is an organization like pymnts.com that won’t publicize their website and website owner information. That we, as readers, can then judge if the information presented is coming from journalists we trust.

If we can connect the dots (the presented information) that we can then find on the pymnts.com website, to the dots on Whois or Scamadviser, easily, then pymnts.com could be more clearly judged. If we can’t know the names of all the experts that contribute to pymnts.com “news,” I ask why? Won’t this lack of transparency cast doubt upon the reporting? You bet. Unless you are a trusting soul.

Until then, my suggestion is to use a web service you trust and one that does not publish news from the private recesses of privileged anonymity. And, a site, that does not use its own blog as a reference – repeatedly. That’s bad form, if you want to be credible — and taken seriously.

The old guard must step aside, that the new guard may finance the future.

Bitcoin is about trust.

Is pymnts.com about trust?


 

–JGS

Clif High: Energy, Auras, Inter-Dimensional Entities, and Bitcoin!

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If you don’t know Clif High by now – and you follow cryptocurrencies – I’d be surprised. The thing is, if you try to obtain any recent stuff, without purchasing one of his reports, it is becoming more and more difficult. There are numerous ‘name droppers’ out there who use his name or play older versions of his videos. Even audio clips are fair game. It becomes confusing.

What ever you think of “Clif” as a man, is your own business. His views, Eastern Religious slant, steeped in the stagnant views of the cultures of failure, Buddhism, Gnosticism, I Ching-ism, etc., are well expressed…

But his alleged combination of the scientific method, his blending of math and magic, witches and warlocks, without validating the math (in a public forum) is at best disingenuous. At worst? You decide.

I am of the opinion, that Clif is akin to a Palm Reader.

This is what Clif High does. And really, it’s not much different than what an astrologer does, except we know they are full of it, don’t we? We hope they, guys like Clif or the Palm Reader down the street, might have some special insight, and that is the weakness they prey upon – that all to human thing we call “hope.”

I just wanted to take a little time to “log” a few more of Clif’s words of wisdom for future fun and comparison. Many see Clif as a future seer. A new age psychic. They trust him like you might trust a pastor or a father figure, albeit, a father with some rather radical ideas and zero evidence, empirical or otherwise. In other words, Clif’s predictions, as far as I have been able to discover, are and have always been unsubstantiated.

I went over this video from January 19, 2018. It was a discussion about several topics. But I pulled out a sampling for readers. This is not a transcript. It is a selection of topics. It may help you understand or just confuse you. Two women astrologer types ask Clif a series of questions. What follows is a blur of beliefs. (I will put my comments in parentheses.)

To set the stage.

Clif spoke of spiritual wars (my label), reincarnation, answered questions about sorcerers, and mentioned that in the past, shaman had been targeted for elimination by European powers around the time of the Spanish Conquistadors. He also spoke of people who channel, time, and many other things, including cryptocurrencies.

Here are my selections. In my estimation, one’s thoughts ought to be integrated, but you may feel that contradictory, conspiratorial and even unverifiable beliefs are sacrosanct. In any case, one should know the man, before making cryptocurrency investments – based upon his prognostications.


War, Energy and Cycles

Clif was asked about a war. Not a traditional one, but perhaps a spiritual one. His answers seemed to slip into several areas, so I nut-shelled them herein. They may seem a bit disjointed. Remember, we are in the Woo-Woo world now. Fasten your logic. Suspend all belief, before proceeding.

Clif High indicated…

There has been a shift, people are feeling…there is a craziness in response to these feelings.

We are in a higher level “energy” space Clif said. He explained this energy by referencing what the Russians indicated in 1984, about an energy envelope around our solar system – a cosmic energy – that alters us and our environment. (No source is given.)

This energy and cyclical patterns, such as planetary shifts, depending upon the “spiral relative to earth” … “behind the sun” contributes to a giant energy change. A major cycle, Clif advised, was the 425-year cycle, with a 125-year duration. (No source provided.) And we’ve already “transitioned” [into this duration?] and the “Age of Aquarius has meaning” because of this. In other words, it has a “core” meaning, because of this energy.

(I’m sure you got that, right? Let’s move on.)

To further describe, Clif said that…

…in 1994, we obtained new energies in the form of a “new type of UV ray.”

That UV rays are of type A, B, C, and D now. And D type is rare, with the only recorded reading beginning around 2006 – on the earth’s surface. (Like Wikipedia says – citation needed.)

Clif advised that we are caught within a conflict of energies. That our antennas are receiving these energies as individuals and groups, and then we ‘express’ these energies, but “harmony” is missing on the planet. (What kind of harmony? Blank out.)

Clif spoke of an astrologer who indicated that his (Clif’s) chart (shall we assume his astrological chart?)  indicated that he was…

…“born a warrior.”

Clif feels the “war impulses.” That the war in question, has been going on for a long time, but it’s now at a “consciousness level.” A hearts and minds battle that can be seen in things like the media and the alternative media, and that the latter is replacing the former.

(Does this mean fantasy is replacing reality? What media is being replaced? And by what alt-media? Blank out.)

Clif advised, as an example, that YouTube is thought to be a male dominated media space. The space was used by about 80% males, but that is changing. (Source?) That this is one of the expressions in this larger war. That in ancient times, when elephants were used to fight wars, in the future – due to this increasing energy – we will be shooting energy rays at each other, instead. That this is a progression to the war of consciousness or perhaps between them.

The war of consciousness was again explored. Clif referenced a banned Ted Talk, but he couldn’t recall the details. He said that the powers-that-be have corrected or edited what can be let into our consciousness – as the accepted view of reality. This has been going on for about 500 years.  We are about 425 years into this cycle as the two-major planets circle to our side of the sun. When this happens, major upheavals occur. We are 75 years overdue for a major “social revolution” and a lot of “dangerous thoughts” are breaking out on YouTube.


Inter-Dimensional Beings and Channeling

When asked about the ability of humans to see inter-dimensional beings, perhaps with a sensitivity to the newly discovered UV rays, (remember the “D” ones) Clif explained that “no” it did not work that way. But these beings do exist, according to Clif. They exist in “multiple” forms. Some can be photographed, such as the “strange worms” that fly in the upper atmosphere. These appear to hover over military bases and look down on nuclear bombs and stuff. The assumption is that these worms are “life forms.” (Assumption? Source?)

As for “channeling,” Clif said that there are basically two kinds. One is fraudulent, encountered at times when psychiatrists attempt to hypnotize. This is because the mind will give you any answer. Any answer to get you “off its back,” so to speak. It is similar to extremely enhanced imagination.

The next kind of “channeling” (more legitimate as implied by Clif) relates to meditation, which is the removal of the “discriminating mind” from the process. In other words, the thinking mind is set aside for the “reactive mind,” that you can then respond. A partial use of the mind. In this kind of channeling, you give over a part of yourself – not your soul – but you are not in total control. You move part of yourself from your personality in this process. The personality then supplies the energy to another “entity form” that then supplies the “information.”

(I’m not going to repeat that.)

To further explain, as per Clif, good channeling diverts from meditation at a “very key level.”

In “pure” meditative states, you never surrender the “self.”

The idea or purpose in a meditative state is to examine the self, correct its flaws, model it, and similar. You dive into the self. Whereas, with the “channeling form” or good version, you get it [the self] out of the way and it’s “just not there.”

With the good channeling form, un-reconciled, un-harmonious thoughts, that are out in the universe as “waves” can have enough power to be able to drain or attach themselves like a limpet to the mind, that has moved the self “out of there.” The channeling person then receives information from outside of him or herself.

With this kind of channeling, when you connect with this other entity, you have no idea what the other entity “is.” This entity will tell you things, using what it finds in your mind, letting you hear what you want to hear. The entity does this – channels – by using your “life energy.” (Do we give the entity permission to energy suck?)

At some point in his life, when he was “doing aikido” and when he was “extremely sensitive to the auras,” Clif witnessed “channels.” Clif said, as these people channeled, he saw their “strange” auras as they “dampened down” and went to one side of their head. On the other side of their heads, “threads” extended outward and above, into a “foggy area.” The bigger the witnessing audience, the more energy the entity can gather for the process.

The “entities” are desperate to give you what you want to continue the process.

At the time when Clif witnessed this channel, he was sensitive to it, to auras and such, but he was in control of his self (his “I”). He advised that he was only there as an observer – and he was freaked out by it.

Clif said that he has witnessed this latter form of channeling twice. Once by a multimillionaire (or at least a person who used to be wealthy) but he did not identify the second person.

Bashar. Spelling unknown. This name was mentioned several times in passing. Apparently, this Bashar channels and if you are sensitive to it, and if under some forms of fluorescent lighting, you can see evidence of this process.

Channeling can be dangerous.

The person who channels will “pay the price” in their next life. The price being the inability to tell the difference between “reality and unreality” in that next life. They will be twisted, mentally deficient kinds of people, i.e., schizophrenics. There is a lot of information from the yogis, which supports his “understanding” of this process, Clif advised.


Time and Reincarnation

As to “time” we do in this life, refer to it in a linear fashion, Clif advised. “Perhaps” time can be better defined as a loop, because “within time we know that there are many cycles.” These cycles coordinate, lump together and similar. (Great!) Within this time-loop construct, as Clif understands the cosmology/reality of it, he is but 1/12th of 1/3rd of his “greater being.” There are five more beings (bodies), that may or may not look like his body, when they “incarnate.” These other beings, share his current “I-ness.” There are also six female bodies that share his/the “I-ness.”

The routine, as it applies to the pre-incarnates, is a male then female incarnation in “series.”

Going back to time, Clif explained that this loop of time makes the idea of before and after an inappropriate description. Depending upon what part of the loop you or your incarnate occupy, as the loop runs (my understanding) you may be recycling in a time – re-looping.

Clif also indicated that there is a “long rest” period between your heaven and your hell. The more energetic you are in your life, it is thought, the longer the rest is. And those who do not get enough of this pre-incarnate rest, can end up insane. This also explains why high-energy people will “betray” that they have an affinity for a time in the past. In other words, they were resting longer and that was their previous time loop period – as I understand it.


Regression Reading Theory and Coaching

Regression to 500 years or even 3000 years in the weird time-loop, also explains this long rest idea, Clif advised. For example, during regression research, people may give bogus information, but information from the last correct time-loop period, in which they lived. This explains why some might report that they were Cleopatra in a past (time-looped) life, when they may have simply lived in that period as a common citizen.

Both the psychic and participant during a “reading” (regression process), can be described as “antennas,” Clif advised. Each is a “standing wave.” In other words, they are not solid, really. The balanced and sensitive psychic, via induction, due to his/her proximity to the participant, picks up the broadcasting/receiving from the participant. Psychics induce a sympathetic ripple to see what is going on inside the participant’s standing wave. Although the “reading” may be 100% valid, the source is unknown. Whether it emanated from the participant’s mind or was expressing some “temporal peg to what’s going on.” Hence, questioning is a good idea, but discounting the reading’s impressions are not necessary.

As a standing wave, however, we are not necessarily in-tuned to our own interpretations. (Unclear.) A psychic’s mind might receive “temporal peg” impressions, like the type of clothing a person was wearing in a past life.


Speaking in Tongues

Clif advised that “speaking in tongues” could be a sign of mental health problems. He refers to it as the first kind of channeling and that it is false or invalid, if it is deliberate. Often these “snake handler” types induce a fugue-like state, but it does not necessarily involve a connection to the entities, previously indicated.


The Standing Wave Antenna User Manual

Some psychics use a Daoist-like (or Tao) system to read people. This is similar to sampling the zeitgeist at a given moment. In the Dao, the Dao that can be named, it is not the Dao, Clif advised. Or the pulse that can be named, is not the pulse. Once one says or identifies the “pulse” it has already happened many times over.

This kind of “awareness sampling” is using our standing wave antennas, taking a snap shot of “it” at that moment, as a representative sample – of where the rest of the universe is – and seeing how those vibrations are then influencing our standing wave antenna. This is an extremely valid way to guide yourself through reality, Clif said.

The Chinese formalized this system in the “I Ching,” and things like the divination sticks. Other societies would “gut” chickens and read the entrails. These are attempts to read the “pulse” that is left on reality, Clif advised. Using these readings, as our brains are pattern matching machines, people would then forecast the future.

In a sense, this is what Clif says he does. He samples the zeitgeist using different languages. In a psychic’s process, if they can keep their standing wave antenna properly aligned (my explanation), readings might be more accurate than Clif’s (webbot?) process. But only if the psychic can filter out “the mind” which will try to answer the questions posed and trick the psychic. As a way to ‘tune in,’ sometimes the psychic will need to coach the mind to relax, to let go and not answer questions, to just be there, that one can hear the “pinging of the universe.” This is really where our “psychic envelope” exists.


Not as we see

Our bodies are not as we see them. We are layered egg-shaped energy fields. The key, is to tune yourself to reach out to your own fields and feel the other energies coming in. In this way, a psychic, may sense the evil (my word) energies coming from others and actually have a physical/emotional (fear) response.


Gnostics.

The Gnostics were trying to say, and Clif agrees with them, based on reviewing evidence, that the Archons are real. They are easy, usually, to defeat and have to do with the war, mentioned previously. Think of them as the dark side of the force, Clif advised.

Clif indicated that the killing of a Gnostic leader (Hypatia) in ancient Greece, is directly related to bad things happening thousands of years later. He spoke of the destruction of the Knights Templar, by the Roman Catholic Church and the King of France. The Inquisition then, began since the Templars were out of the way.

Later, when Gnostics in Southern France were reincarnated, they recalled this battle against them. They may not have had the “knowledge” of past lives, but the viewpoint goes from life to life to life. As an example, Clif advised that in his next life, he will still be the same old bastard.

However, Clif does foresee that for the next few thousand years, we will subdue the Archons. Then things recycle, and they, the darkling ones, will subdue the good.


Turning People

There was an interesting discussion about how the Japanese, during war, turned enemy spies into weapons against their former masters. That this was considered the best weapon of all.


The Truth

Clif also advised that holding to the truth (that was the truth) was also a great weapon. (Make sense?)

The universe provides what we need to struggle against; the challenges that we need. We may not necessarily want those challenges. You can even ignore these challenges, but eventually, even if in a future life, you will have to accept and deal with them.


Sexual Intercourse and Pedophiles and other Conspiracies

It is possible, that during sexual intercourse, a bidirectional energy exchanges occurs. That this process – exchange – builds one’s energy. The exchange energy transmits through the vagus nerve system and other parts of the body, except the adrenals.

Why is this important? The pedophiles of course! Because those pedophiles want to extract youth/longevity energy from unwilling participants. They attack/dominate children to accomplish this. In a pedophile’s mind, after puberty, those youth energies and the post-pubescent persons themselves, are less susceptible to theft or extraction of their “energies.” After puberty, certain key forces (vibrations) – energies – do change, according to Clif.

The pedophile thinks he/she can harvest the adrenal (maybe he meant pineal) glands of children(?) and make this into a drug, that may be taken intramuscularly. They are attempting to obtain a portion of the “distilled universe” in the form of adrenal gland extract(?) – and get something out of it.

(The above appears to be based on a conspiracy theory. See this video for more. If this has any truth, however, it is disturbing. Thus far, I have found zero validation, however – so don’t sweat it.)

Clif advised that there is an addiction side to this issue and if you research Satanism, for example, you will find the underlying idea of an energy transfer. An energy vampire etc. Drinking blood? CEO’s from corporations transfusing blood from children? (Come on. Where’s the source Clif? Just one.)

The implication here, is that the system (powers-that-be) is just now coming to grips with the reality of all of this and it will take years to get the word out. Clif gave an example of Prince “Chucky” who had a life-long friend who was a necrophile. The implication, Clif implied, was that the prince might also be involved. And that the English have not reconciled this problem. The House of Windsor will fall? (No sources given. Careful Clif, you might piss-off a Royal.)

Clif goes onto hint that Obama’s $64,000 pizza parties were related to pizza gate? That Oprah Winfrey knew? (Careful, Cliffy.)


Zen’s Lenses

Examining the “I-ness” in a Zen State, where nothing else exists. As you head in this path it makes you question things. The universe makes us as we are, Clif indicated, bringing us into existence at a particular time and place, under stars, aligned to prescribe our characteristics., i.e., astrology.

In Clif’s case, he was brought into this universe as a warrior, in a time of warriors – at the height of wars. That’s why he spent nearly two decades in the military. (That’s what he implied.)

The best that Clif can do, even in times of peace, is to harmonize with the universe – as it designed him. To become the best warrior he can, at every level. (His words.) That we are essentially universe tools. That “universe” (not ‘the universe’) has a task in mind?


Cryptocurrency Related

Bitcoin, after it is mined out, will still have things like Rootstock. Fees can still be collected via running smart contracts and therefore support the network. Bitcoin becomes scarcer at that point, but it also becomes more of a known factor.

Moving on.

Litecoin, will reach approximately 1/5th of a bitcoin in value. It will be used for point of sale and Amazon might use it as well. No dates/times given.

Pillar, will have an unknown price point, but it will become the primary wallet to compete against. March 2018 is good?

Populous, is a strategic hold. Passive income. Years in the future, holders may be like “trust fund kids.”

Ethereum will continue its up and down pattern. Competing against bitcoin and because of its niche, it’s against EOS – the Ethereum killer. It will also have to contend with Rootstock.

Monero and Cloakcoin are showing up in Clif’s reports in small numbers – bits of chatter.

Sidenote: The use of cryptocurrency in any large way, by drug cartels and such, would spike their prices – bitcoin at millions per coin. It would be difficult to use cryptocurrency in this way.


Other

Attention EconomyClif mentions “Metcalf,” but he was uncertain of the name. Compares cryptocurrency or interest in it, as a self-driving force or growing attention economy. A positive feed back loop and not a tulip bubble, for example.

Hydrogenated Water – Clif says it gives you energy, but magnesium additives leave residues. The hydrogenated water does not alter the taste, he said.

Shampoo and Deodorant – Clif says he doesn’t use either. But he does use natural sandalwood soaps…and they are “harmonious.”

The Chemtrail Conspiracy – Someone has to be paying for them. The military has become very subcontractor dependent. During the recent government shutdown, Clif posited that these contractors might be exposed, if payment for their services did not arrive. The implication was that the government is paying for the services.

On 9/11/2001 – when the terrorists knocked down the Twin Towers – everyone should have been aware that the chemtrail spraying stopped. (Planes were grounded.)

About four days after planes were once again allowed to fly (in the US) after 9/11, the chemtrails reappeared. This, according to Clif, validates the conspiracy. (Source? None.)

Thinking and Destiny – Clif mentions a book titled Thinking and Destiny. He explained that some of the ideas he discussed herein, are from that book. He gives a short synopsis of the book in the video, about Doers and Thinkers and how this process of learning is carried over during reincarnation. (Note: some fiction authors read this book.)

Alcohol – Drinking as opposed to using marijuana, opens one up to Archonic (evil) forces. The translation of the Arabic word for alcohol, for example, is ghoul, Clif stated. To decompress, one should use one of the seven plant teachers. Clif gave an example: THC. Clif said he tried to drink when he was in his 40’s but it messed with his vibrations.


And that is all for now. I hope you enjoyed this version of reality with Clif.

Be careful where you get your cryptocurrency information.

 

— JGS

 

 

 

 

 

 

Cryptocurrency Fake-News, ZeroHedge, Clif High and other Palm Readers

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Dear Crypto-Readers,

There are two places on the net where cryptocurrency and other information is highly suspect.

Use these sites and people, at your own risk.

They are:

  • Clif High
  • ZeroHedge

Coming from an investigative background, the fact that this “fake news” spills over into the cryptocurrency environment, is not news. The news is the reliance by some bloggers and hidden “news” sites, upon questionable sources. In fact, even legitimate organizations sometimes cite questionable sources.

Why?

Sensationalism?

Click-baiting?

You bet. It’s all about the ad revenue. Even I like that. Last month, I took my wife to dinner with the money I made on this blog. Thanks readers.

But first, before ZeroHedge (I will not link to this site due to security risks) I want to bring up an internet personality. I have mentioned him before: Clif High. (I’ve linked to a previous piece I wrote about him.)

Suffice to say, Clif High appears to sell conspiracy theories, based upon his belief in ESP. He is the silver-tongued devil of the future, that never quite materializes. He makes blatantly false predictions and it’s a wonder people continue to support him. It’s curiosity, he’s fun to watch, but also morbidly interesting. 

As an investigator for several decades, I had the opportunity to interview/interrogate thousands of criminally insane people. For these reasons, I sometimes watch Clif High. I’m not saying the guy is insane, I’m not a doctor. However, Clif sure leaves that door wide open. And, I’m guilty — I still watch him.

But Clif High, even if that is a pseudonym, puts his face to the music. Maybe he likes the attention – the fame. Many folks with that burning desire to be recognized, live fruitful, public lives. They are entertainers, in a sense. And we pay to be entertained. Of course, he has his diehard cult following. So be it. At least his detractors can lambast him – publicly. And Clif dishes it back out. At least Clif has the guts to stand in the limelight, be it the laser of truth or his ever-changing contrarian view of the near future.

And you have to respect old Clif’s tenacity.

Then there is the dark side. The shadow conspiracies. The quasi-blogs and secret “.orgs” plying their trade. Is it real or is it fluff?

Aside from the accusations against Clif High (see link above and read reader comments) at least he’s not hiding like ZeroHedge. Those people publish and hide so completely, that every word they type, is suspect. Sure, we know that anonymous reporters can uncover information, but at some point, the information can be verified. Not at ZeroHedge. At least not most of it.

For all of Clif High’s odd beliefs, he has on occasion, chowed down on ICO altcoins, torn them asunder and spat out a decent review.  I wish he’d take after ZeroHedge.

I used to read ZeroHedge. It’s fun. A sort of Dredge-the-Bottom Report. Occasionally, it puts you on a trail of something good. Something interesting. However, after the site was probably hacked I refused to visit. In fact, in a sense, it is unethical for anyone to hide a link in their blog, to a potentially risky site and not advise readers of same.

What do I mean?

Legitimate bloggers should choose to protect, as much as possible, their readers’ digital security. If there is even a hint that a website is hacked, has an unknown or hidden location, is based in a risky country, has owners from risky countries or in any way makes them suspicious, then they should not link to the site.

Am I perfect? No. Could I make a mistake and cite a source from a website that is spinning its news? Sure. Usually, I let you know if I think the source is off the mark, however. And if the “writer” uses a pseudonym, like me, no problem. If you cite legitimate sources, you’re golden. Hell, many reporters and writers have dozens of handles.

But Tyler Durden? The Wikipedia entry about ZeroHedge, should make anyone sit up and take notice:

“Zero Hedge’s content has been classified as “alt-right,” anti-establishment, conspiratorial, and economically pessimistic, and has been criticized for presenting extreme and sometimes pro-Russian views.”

Not only should the pro-Russian views clue us in, but the “conspiracy” classification is on par with Clif High’s antics. Take both sources cum grano salis – with a grain of salt. And take Wikipedia itself with a grain of salt. Check their sources as well.

According to Business Insider, at least one of three men suspected of working/writing for ZeroHedge, a Bulgarian by the name of Daniel Ivandjiiski, was “kicked out of the securities industry during the height of the financial crisis in 2008 for insider trading.”

Another suspect ZeroHedge man, Colin Lokey, may be:

“…an emotionally unstable, psychologically troubled alcoholic with a drug dealer past…”

Tim Backshall, a 45-year-old credit derivatives strategist is another suspected writer for the conspiratorial newsletter-blog. This @credittrader appears to be his Twitter account. His listed website is capitalcontext.com. You guessed it all hidden info. And his tweets are full of ZeroHedge charts. Curious.

There was also a hint that Colin Lokey used or invented the Daniel Ivandjiiski and Tim Blackshall names.

But ZeroHedge does not always post unsubstantiated or bogus news. In fact, they have been accused of outright plagiarism. Lifting or citing other stories that they could then blend into their narrative. Generally, it’s a pessimistic view of world finance and politics, and the environment. One sided. On the other hand, their stories are often hard-hitting, provocative and full of charts. Just don’t go checking their sources. You’ll find that the numbers don’t always jive. Some have accused ZeroHedge of 90% lies, 10% questionable facts.

In any event, before you visit ZeroHedge do a little research. A little Scamadviser checking and internet backstory reads. Here’s what I found. I added to the already growing number of concerns about ZeroHedge as well.


Four Risks of ZeroHedge


Risk #1 – You are being Hacked

Let us start with this. Did you know that every time you visit the ZeroHedge website to read a blog, you may be risking your digital health? The website may be hacked. This alone, if you are serious about keeping your money and identity safe, should be enough. But let us add fuel to the fire.


Risk #2 – Mystery Website

Each time you visit the ZeroHedge website, from where are those bits and bytes flowing? The origin country? Well, there is a good chance you are reading a Canadian alt-right website or maybe you are pulling data straight from the US or the UK, but the fact is, the location of the ZeroHedge website is unknown. It could just as easily be in Moscow.


Risk #3 – Mystery Owner(s)

Who owns the ZeroHedge Website or company? Well, not Tyler Durden. That’s just comedy. The fact is, the owner’s identity is unknown.

There are only a few good reasons to remain anonymous. You are divulging legitimate secrets and you are concerned about your safety. You are lying like hell and are also concerned about your safety. There are other reasons to remain hidden as well, including using the anonymous angle to make others think you are a “deep throat” and not a run-of-the-mill click-baiter. To make money from the advertisers is another great reason to create and use the anonymous mystique.


Risk #4 – Bad Actors?

Although there is no “guilt by association,” unless the strings connect, an associated business service/address is ABCMedia 300A-219 Dufferin St. Toronto M6K 3J1. They are the web service for ZeroHedge.

Here is a google map of that location, in Canada.

The actual name of the service is easyDNS Technologies, Inc. They are known to be associated with Wikileaks, according to this Wikipedia entry. The company owner’s name and country is hidden, but it could be Mark Jeftovic. The website location is also uncertain.

Here is Mark Jeftovic’s Twitter account…easyDNS CEO. Libertarian. Contrarian. Bookish. The “E” stands for “easy,” as it states on Twitter. He is a known blogger (curious) in the ZeroHedge vein, on Markable.com. That’s a potentially risky website, hence no link. Suffice to say, it’s almost like reading “early” ZeroHedge.

The Markable.com address is listed as 67 Mowat Ave, Toronto, ON, M6K 3E3. That is here. It’s the Toronto Carpet Factory. If you notice, it’s adjacent to the Dufferin Street address of ABC Media.

If you look, you will also see another website listed on Jeftovic’s twitter account: guerrilla-capitalism.com. The name speaks for itself. It’s a newer hidden website, with a hidden owner in a secret country. Its listed address, you guessed it, Dufferin Street. Try 304A-219 Dufferin Street, Toronto, M6K 3J1 to be exact.

There is other curious news about EasyDNS as well.

According to The Register (United Kingdom) in a 2013 article titled “Canadian operator EasyDNS stands firm against London cops.” The Police’s Intellectual Property Crime Unit requested the EasyDNS take down websites selling pirated music/movies. EasyDNS refused. Did they support crime? Seems that way.

When you compare ZeroHedge’s “use” of copyrighted materials, to EasyDNS allowing hosted sites to profit on pirated content, things appear to shift alt-right, in tandem.

Furthermore, from Wikipedia in 2014, “…CEO Mark Jeftovic referred to the National Association of Boards of Pharmacy as a “batch of clowns” after it sent EasyDNS and other registrars a document issuing guidelines on when to take down domains of suspected “rogue” pharmacies without court orders. The memo included instructions which would put registrars in violation of their ICANN Registrar Accreditation Agreements.”

What happened? Death.

“Some months later EasyDNS modified its takedown policy after a man died after taking a “controlled substance” codeine phosphate purchased without a prescription from airmailchemist.com, an online drug seller registered through easyDNS Technologies Inc. EasyDNS was not aware of airmailchemist.com’s presence on their system, or the fatality until they were contacted by a Wall Street Journal reporter investigating ICANNs policies on unlicensed pharmacies. ICANN had not notified EasyDNS of either the FDA complaint nor the fatality. Once informed, EasyDNS initiated contact with the FDA and the domain was immediately taken down. EasyDNS now requires online pharmacies to provide proof that they are licensed.”

Another source of Jeftovic’s blogs is Medium.com. Again, I won’t link to that site since there have been reports of hacking there as well.

 


Conclusion:


In conclusion, the websites and names associated with ZeroHedge are fishy, to say the least. The site itself, may have been hacked, putting any visitor’s digital information at risk — and this includes bank accounts. The hosting service (easyDNS Technologies Inc.) for ZeroHedge may have and may still be, assisting criminals — the ones who steal digital information. The name/owner associated with the hosting service are also associated with websites and are hosted in unknown countries. The hosting service in question is associated with WikiLeaks and could simply be a mouthpiece for them…and WikiLeaks has been known to compromise identities, to include medical information and social security numbers of individuals —  per this Wikipedia entry.

But you be the judge. Buy/sell cryptocurrency or stocks, based on ZeroHedge’s advice and see what happens.

Or use common sense.

Personally, I don’t think the current “correction” in cryptocurrency is a correction at all. This stuff is outside of the normal channels. It sings to its own tune. That tune, in my thinking, is you.

Choose the dying fiat “reality” or choose — just a little — freedom cryptocurrency. But remember, both exist.


 

 — JGS

Bytecoin: Peel the Onion and Find ‘Dstrange’ Things

Dear Readers,

As always, I peruse the cryptosphere, in search of answers. When it comes to Bytecoin, however, the answers are always just out of reach.

So this will be short.

It’s not the answer to the Nicolas van Saberhagen mystery, but it is an invitation to a place where you can plumb the depths.

Here at Reddit, I’ve created a new sub:

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It’s place where I hope the curious will come to discuss the history of Bytecoin, CryptoNote and other “Dstrange” things. It’s the unofficial page and news. A place where the latest good and bad news can be gathered — without censorship. 

There’s no agenda here, except the truth.

To the right of the main page (of the subreddit), I am building a loose timeline. The idea being, others can use this to compare and share any gems they have come across. Also, if anyone is convinced that Bytecoin is above board, they can come back and remind themselves — why or why not.

Sincerely,

 

Jack Shorebird

Bytecoin (BCN): Russian Billionaires and Fabulous Resorts?

This is your Bytecoin update, minus the hoopla and charts. Cue the music and watch your wallet.

The red flags keep coming. Buy BCN? Please.

If you have perused any of my past blogs (see below), I’ve, on occasion, written about Bytecoin. It’s one of those older cryptocurrencies, that never quite got off the ground. Not like Bitcoin or Ethereum or even Ripple. Sure, people have been interested in it – like me – and then they dropped it. Like me.

Why? Because the answer my friends is blowing in the wind – just like that song. You need only to sniff Al Capone’s cigar.

Bytecoin does not pass the smell test.

Maybe in the deep dark future it will. But not yet. Not when cryptocurrency exchanges dump it or freeze it for months on end. Not when the Bytecoin website goes dead for over a year, then rises from the ashes. Or is that, “sneaks from the shadows?” Not when most exchanges won’t touch it…after years.

Investors have consistently lost money in Bytecoin and it’s happening all over again. It’s called learning the hard way. It’s not like the other altcoins…not by a longshot. And investors need to know this…again.

Fast forward five years. Present day. After all the deception Bytecoin has shoveled out.

Cryptocurrency and blockchain curiosity has now enticed new investors to risk yet more money in Bytecoin…and many other altcoins. The current cryptocurrency (blockchain) environment is a feast for start-ups, with access to easy money and absolutely, it is a boost for innovation and business. It is, unfortunately, a boon for criminals and the mob. Milk money. A fool and his money are soon ruined. It is why governments, in their infinite wisdom, often reach in and “attempt” to pull the plug.

Bytecoin deserves a special mention – again.

And as the years pass, the more often it seemed that mobsters were peeking around the bushes. Did I say there are hints of mobsters – organized crime? Yes. But you be the judge. I know I’m making serious allegations, but hear me out.

Bytecoin is not like any cryptocurrency on the planet. Yes, Monero used the same tech in the beginning, based on the CryptoNote protocol. Arguably, Aeon and Electroneum are born of the same math-cloth. And there are other altcoins that utilize the protocol. Even these others, must be used with caution.

The point is, with Bytecoin, the “rabbit hole” is a game. The mystique is simply there to make everyone chase their tails, whilst the rabbit – the Bytecoin creators – sit back and reap the rewards, in the millions of dollars. It is, like many other altcoins, a money blackhole.


Ask these simple questions:

  • Why do all the Bytecoin/CryptoNote developers hide?
  • Why are all the names associated with CryptoNote and Bytecoin either pseudonyms or “handles?”
  • Why have none of them come forward – not ever?

Here’s the standard answer: to protect them from prosecution. But given the stench, the threat of prosecution is real – for them. Very real. For you? It’s the loss of your money.

Should governments find them, Bytecoin developers would, like Monero and Aeon (but not necessarily Electroneum) suffer. Sure, others could simply copy the code and start over. Dip into the repository and begin again.

“…organized deception.”

To think that they can hide forever is hubris. Monero at least tries to put a good foot forward. Aeon developers are hidden. Bytecoin is off the reservation, however. The outward appearance speaks of organized deception. All of it.

In fact, we do not even know if the current developers of Bytecoin are even the originals. We have no idea if they are (or were) good people and judging by their responses on Reddit and other social networks, they leave a lot to be desired.

As a former law enforcement officer, based upon decades of training and experience – they remind me of the thousands of thugs I have had the pleasure of investigating.

Could I and others, be wrong about the Bytecoin crew? That Jenny is an honest soul, trying to keep our wealth out of the hands of corrupt governments? (I’m sorry Jenny, but you and your friends make it too easy.)

How about this recent tweet on January 5, 2018?

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Is it Sheldone.store or Sheldon.store? The latter is a brand-new site. Buy with confidence? The former listing seems to be an error, as well.

And Check-coin.com? A new store accepting Bytecoin in a high-risk countryBulgaria? I’m not even going to link to this site. I don’t want to risk your computer, let alone your bank account.

How about this recent glowing report about Bytecoin —  from Decentral Magazine? A brand new, but popular website? If so, why is Decentral Magazine keeping their facts private? I mean I do, as an individual, use a pen name, but my website location is not hidden. I’m in the United States. Any court order can find me. But would not a news magazine want to publish their reputation to the world? And why did the article omit Bytecoin’s negative past? Was this a paid advertisement? Methinks…yes.

How about that fabulous resort in Montenegro? Dukley Hotel and Resort? If you check Scamadviser here, the website is new — and could be on a compromised server. Careful if you visit the website. But you can spend your bytecoin there. Here, try these glowing reviews and don’t forget to expand the “weird” comments. The rest is self-explanatory and telling. Here’s the Google 3-D Map link. Why one reviewer thought of Russian Billionaires is curious.

And there are other new concerns…

Art at Gabo? It’s a new site. You can spend your bytecoin on a nice cell phone cover, a bytecoin t-shirt, even a BCN coffee mug, if you are so inclined. The site appears to be in the United States. Use at your own risk.

Lebytecoin.fr? I’m not linking to it. Scamadviser says it’s on a compromised server. Risky.

Sakama leather goods is an older site, but its owner is hidden. I only buy my leather goods from the “unhidden.” You know, in case I need to return them.

BytecoinMarket.com? Yet another new site. Visit at your own risk. Here’s the Scamadviser on it.

All the above is only to make you think. Yes, in a perfect world, we would all buy our goods in private. No government bureaucrat should watch our every transaction and bytecoin is one offered solution. But pick your solutions wisely. Do not enrich the wrong organization.

The above is not investment advice. It is just information. Take it as you may.

 

Suggested reading:

 

The South Korean Cryptocurrency Panic, Chinese Bitcoin Exit and Potential Market Ramifications

 

***A quick note to readers***

Overnight, Coinmarketcap.com decided to exclude the prices of cryptocurrencies listed on the South Korean Exchanges. There was no apparent warning. And many conspiracy theories have been offered, including foul play.

The fact that one of the most popular crypto-market information websites did this is odd, but may be appropriate. I’ll explain.

Coinmarketcap has always been slow and secretive, sure.

Coinmarketcap.com’s website information is “guarded.” It has Panamanian Administrators according the Scamadviser website. Okay.

These are the excluded exchanges from Coinmarketcap’s calculations.

  • Bithumb
  • Korbit
  • Coinone

Currently, the above exchanges account over 46% of the ripple market alone — according to Coinmarketcap.com. Have you ever asked yourself why?

Always remember to use more than one source for your crypto-pricing. Personally, I focus on the prices from the exchanges I use and ignore the rest.

Reddit and Twitter are also buzzing. Many of the people I trust are indicating that this is not a panic situation, but a potential buying opportunity. And yet, few are pointing to something else. Something obvious? Surely, the sell-off is a major correction.

Here’s another source for crypto-prices: Live Coin Watch. Just to screw your head on straight.

Also, this just came over the wires. South Korean Banks are under a probe for possible money laundering related to cryptocurrency exchanges. Perhaps this is why Coinmarketcap is “distancing” themselves from the exchanges there. This, after a South Korean spike in cryptocurrency prices.

If the authorities in South Korea find criminal connections between banks there and the above listed exchanges, it might put a downward pressure on prices worldwide.

In any event, if cryptocurrency price averages return to a more believable level, stabilization and continued growth of this fintech space seems logical. The only burning question for now, is the survivablity of bitcoin, given all the bad news out of China lately — that the government there is beginning to limit all of that reduced price electricity to the BTC miners.

Add in that Microsoft is ditching bitcoin and you have a nice little panic brewing.

I’m going to buy.


All of the above are my opinions. Not advice. Ask your brain for details.

Cardano (ADA) is the Next Bitcoin or a Chocolate Hotdog?

Dear Crypto-Thinkers,

Keep your brain-caps on. It’s the time that we few long-haul penny investors outdo the professionals, since we have invested the time and sweat. And we can have our chocolate croissants too.

I often research how readers land on my relatively unknown and largely unread newsletter. I do this to both improve my information – I hope – but also to communicate what I think people are thinking. I mean Google Trends are one thing, but reading the fricking tea leaves is for the fools, like me.

I have more time to do this now, because I have spent countless hours, days, months, and now – years – with my nose to the computer screen looking at (investing in) cryptocurrencies. It all started before bitcoin, when I was looking for something like it…and now I’m here…and going slowly blind. (I’m old, what can I say. But I’ll bet I was in crypto before most.)

In some cases, I can pull the search phrases people use when they land on a post of mine. Lately, among a dozen other search phrases, someone asked a very odd question, but maybe it’s not so weird. Maybe I’m missing my own ship…again. And mind you, I’ve sailed a few rough seas and even the lake I live on in Florida.

It’s about Cardano (ADA).

The person who landed on my site, typed simply:

“cardano the next bitcoin”

…and that was it.

I thought, what? Replace bitcoin? Are you kidding me? A crypto that is still wet behind the ears, not fully tested in the crypto battle front and is split into at least three parts, a wallet maker, a marketer, and a coin/system coder?

And all the funny names associated with Cardano (ADA). A dead mathematician and the world’s first algorithm developer. Okay. That’s nice. Nostalgia.

The name of the new algorithm: Ouroboros. A tongue twister for us “ugly Americans.” The serpent eating its own tail. How nice.

And the name of the wallet?  Daedalus. Greek mythology. The skilled craftsman. Maybe a dead wallet?

This is all special, but the proof is in the dog, right? Will he eat it? And the answer is? Yes. Billions of dollars’ worth, in short order. That must be one hell of a shot in the arm. A vote of confidence. Trust. ADA is being consumed in hopes of gains and interest, in the Proof-of-Stake wallet for sure.

Cardano, as I understand it, is a system that is incorporating a new programming language. Like many crypto-projects, development is an ongoing process. With each roll-out, each new improvement, we often see a bump in value. A change in perception – as to what we think this system can accomplish. Then the lull, before the next bit of news. Perhaps a new exchange will list it. Great…then the bump.

I have watched Cardona climb from two cents. Wow. And few dumps. Incredible or telling? I’m pessimistic at present. I think – and I have been wrong – a dump is in the offing. And soon. Why?

Note: After I posted this,  ADA dropped almost 25% by January 6, 2018 — but so did a lot of other altcoins…

In my thinking, it becomes more difficult when your cryptocurrency is separated into parts, like Cardano. And when these parts are separated by borders, it’s even more difficult. Hence the idea of a Maritime Law system to anchor Cardano in the world of regulators, but not necessarily be owned by them. To say that this project is not ambitious, is an understatement.

Still, I was shocked, as I always am, when cryptos climb that first big wall. These days, with institutional investors about, banks going goofy over blockchains, governments seriously considering cryptocurrencies as fiat-replacements, and now “everyone” investing in this space – I am both happy and…worried.

When the dumps come now, they will be mythical in scope. As in, “remember when that altcoin dumped, and the government stepped in and shut down the…”

“…adding XRP…”

Coinsquare CEO Cole Diamond recently said something that made me wonder. Coinsquare is a well-known Canadian cryptocurrency trading platform, that by American standards, is light years ahead – as Diamond seems to imply. They are adding Ripple (XRP) next and there are more altcoins to come.

Diamond implied that they are now seeing a broader interest in the space. No longer are the younger investors about, but older ones – every kind of person and age.

That’s my take. They have arrived. And, they are still arriving.

This is good, but it could spell disaster. As in a Tulip disaster.

Which means what? It means, that there is still time to come aboard, but, as some have suggested, maybe not much time to magnify your investments. Unless you think in a different way.

And, I’m not saying that Coinbase, in the US, is slow on the uptake, given the draconian tax laws and regulations in the United States, not to mention their ongoing fight with the IRS, but they could end up in the doldrums, far from future trade winds, if they don’t act quickly to secure their place in the space.

“…Cardano (ADA), Iota (MIOTA) or Raiblocks (XRB).”

In any event, some refer to what is going on now as a “second tier” catch-up. In other words, as bitcoin, litecoin and ethereum appear to take a breath, there’s thin air up there, the next crew is making its move. Ripple, of course, being a first mover in this, but it is not really a new generation altcoin, like Cardano (ADA), Iota (MIOTA) or Raiblocks (XRB).

If you look, you will see that the old guard, such as Ethereum, are offering grants to help them scale – improve their products. Is this catch-up or forward thinking? A search for new blood? Isn’t it odd that Ethereum is considering a proof-of-stake concept, while Cardona works to implement same?

Seriously, I am enthusiastic about Cardona, but miss the idea behind bitcoin too. I feel that developers should be rewarded for their work, but we must remember how we got here. It was bitcoin. It was Satoshi Nakamoto. No matter how you bake it, split it up, rationalize it, the crucial core of it was bitcoin. And even bitcoin had its predecessors. But it was the proverbial “critical mass” and the saving grace. Almost nobody could control it. It was Pandora’s Money Box. And Pandora left only hope, if you remember your Greek Mythology – after she opened the “jar” of evils.

In the meantime, back here on earth, where Greek Gods are the names of sub sandwiches, let us man the lookouts, shall we? If we see a good target, even if it is moving, we need to take it out, bring it home, skin it, cook it and…eat it. Then think: “Next.” What other foods can we skin, before the big dogs eat?

Finally, as a side note, I have real heartburn with Peter Thiel’s idea that bitcoin, though nearly unmovable – considering the cost of transfers these days – is becoming the new replacement digital gold standard. A 20-million-dollar investment is peanuts for him, but a slight move to the downside wouldn’t hurt the Thiel profit margin, I guess. Is he coming late to the party? I hope so. My bets have been off bitcoin for months and I have profited

And I hope…like those who have contacted me…that you have also made a killing.

 

Sincerely,

 

Jack Shorebird

P.S. The above was advice. It meant: use your head and don’t let the nerds get you down.

The Ghost of Crypto’s Future is BAD NEWS?

Dear Cryptocurrency Investors,

It’s about the money.

Lost in the lull and the bull, the chart readers and the screaming heads; and the comedians and the click beggars, the FUDsters and FOMO-kings, sock-puppets, trolls, you name it…is the truth.

And the hell if I know it, but neither does anyone else.

Two things that are influencing people deserve mention, however. Charlie Lee‘s revelation and Coinbase‘s inadequacy.

You can see bits of the potential future of cryptocurrency all over the net in real-time, but not necessarily in “past” time. The encapsulated version of why we are where we are. The rooting of the space, if you will.

Profits speak louder than purists, however and that answer lays ahead. Predictions that bitcoin will soar into the millions of dollars, seems to go beyond boundaries of common sense. We should not allow profiteers to reach into our collective pockets, as they sell into our greed.

Charlie Lee, who did not divulge the numbers of Litecoins he allegedy sold recently, did so for a reason and if you noticed, near the peak in price. That action speaks volumes, no matter the reasons he might give to the contrary. Even if Litecoin becomes the most popular cryptocurrency, the doubt will linger in the minds of investors.

And this doubt also injects its worry into bitcoin.

What is Charlie seeing that we do not?

If you haven’t made 25% to 50% returns this year (2017) then, I’d be surprised. Many have made far more than that…

What will happen in 2018?

In 2018, we could see a reversal trend. From bitcoin to Ripple. It seems to be on its way now, but this space is notorious for pumps and dumps and even I doubt Ripple XRP’s will climb to $10 each, as some have suggested, by mid-2018.

That bitcoin will drift lower, gradually, as it is polluted by the knock-off clones, Bitcoin Cash, Bitcoin Gold and others is another “theory.”

The cryptocurrencies we have come to rely upon are taking hit after hit and they have not recuperated as of this writing. Many investors are paying an emotional cost, having bought in late. The faith that bitcoin has always recovered, is currently being retested.

What are a few weeks of losses, you say, as bitcoin works out its kinks?

…gamble a little…

These last few weeks of 2017 will embitter some of the newest investors, that’s why. The ones who have been watching and trying to understand and who have, after a time, decided to gamble a little. These are the retirees as well as the professionals, but not necessarily expert investors. They are conservative types and once burned, they may never return. These last few weeks have burned them. And they have lots of money to invest.

After the Thanksgiving chats, they went in. Thousands, if not billions of dollars. And what happened? They were cut off at the knees. Profit takers swept in. Exchanges could not handle the inflow. Bitcoin showed its flaws.

Ripple held the doors open, but few of the newest investors knew how to buy Ripple XRP’s. So, the late comers served to enrich the first comers…not unlike any good Ponzi Scheme, with the exception that the bitcoin scheme seems perpetual. It still has billions left…for now.

Already, I have spoken to those who, in the last few weeks invested thousands in cryptocurrencies and have already cashed out, with losses. This was after I had shown them what they could have made had they listened to me over the last five years.

…Cheap wine…

They were astounded then, but not now? Now they shake their heads at me. Not only do they tell me that they think that bitcoin will crash, because they have seen this sort of thing before and names like Ripple, reminds them of cheap wine.

“Cheap wine?” I ask. “The name bothers you?”

They say it does.

Personally, I can understand that. “Ripple is not a great name, but look at the returns,” I tell them.

“Doesn’t matter,” they say. “We got burned on bitcoin, Ethereum and Litecoin, what the hell difference does it make? They are all the same.”

“Ripple has its pluses,” I tell them. “It’s doubled in value as others have sunk. Ethereum has a lot of pluses as well, but…”

“Just you wait,” they said. “The government is going to shut them all down.”

“Not Ripple,” I said. “It’s playing along with the regulators. It services the banks and now credit card companies and more good news is coming.”

“What about Dragoncoin,” one asked.

“Dragon what?” I replied.

“How about Raiblocks?” another asked.

“It’s too new — risky,” I replied.

“It’s got better tech than bitcoin,” came the rejoinder.

“Okay, but Iota said the same thing and they are struggling. Each coin argues with the other. The test for me has always been “use cases.” And bitcoin used to be used more, now Litecoin seems to be taking up some of the slack,” I said. “And Ripple…”

“Cheap wine?” one replied.

“Never mind,” I said.

Bought gold and silver…

So I wait, but for now, as these old investors have retraced their steps. Bought gold and silver and palladium. Dumped stocks and bonds, like they’re on fire. One was just ripped off when he failed to check out a gold dealer to see if they were legit.

And these conservative types, these investors who have accumulated wealth the hard way, do not like to lose a single dime. Time is far too precious now. I know, because I am one of them — we’ll almost.

This dip in bitcoin price, even if it recovers tomorrow, will, like Charlie Lee’s recent Litecoin cash-out, linger like rotten cheese. It’s like that fake gold dealer where one guy lost thousands dollars last month.

I asked that guy how he lost that money. He said he found the gold guy on the internet and sent him the money from his IRA and that was that. Didn’t check him out because he “trusted” the internet. Didn’t even tell his financial planner he was doing it, because he wanted to save on fees. He trusted that his internet service provider would not allow fake gold dealers to advertise via email. And it was easy to do, he said.

…knowledge gap…

It’s a knowledge gap. In years past, it was nearly impossible to send official looking mail to someone for free. If you received a chain letter of scam bank notice, you were not often fooled. Phone call scams were easier and they still are, but they are labor intensive. Since criminals are naturally lazy, they want the biggest bang for limited effort. Welcome to scam websites and emails. Welcome to webpage Monero miners.

…Coinbase…sucks…

There are legit cryptocurrency sites, however. Coinbase for one.

Now, here’s the thing. For these conservative money types, Coinbase’s newest web page look and feel sucks. Right there, they are losing millions of dollars in business. Why? Why would they intentionally allow their coders and website gurus make the site counterproductive? Counter-intuitive?

I recently sat down with several businessman, some retired folks, a Human Resources Specialist and a two company presidents. I showed them the Coinbase website, which has gone through several alterations over the years. This newest version, I’ll wager, has probably influenced the latest bitcoin losses. Why?

Navigation across the platform is slow and confusing, they said. For example, a lot of the web pages have various tabs you may click on, but no highlighting or help capsule to let you know they even exist. Bad business all the way around.

“And look at this,” one said. “Each tab on the left, Bitcoin, Bitcoin Cash etc., you click on them, the word, and then to the right you see all of your transactions. Why do the jam it all in like that, like those credit card websites now?”

I couldn’t understand why Coinbase would do that. “It was not like that before, but it was not great before either,” I said. I just got the glazed-eye look then.

“Can I just call them?” It was a elderly woman.

“I’m sure you can,” I said.

“Have you ever called them?” she asked then.

“No. I do everything online now.”

I hadn’t been on the Coinbase website for a while and it took me, without reading too many directions, about 30 minutes to see how they had changed it. How did I do this? I started clicking every damned word on the page and behold, it all came together. But newbies and oldies should not be turned off like this. It is clear that the age and knowledge gap is hurting their business.

But seriously, Coinbase, get your heads of out of the sky for a moment and hire some people who understand how to make things idiot-proof. Take a lesson from Amazon or Paypal, but get it together. That is, if you do not want to see competition scream right past you.

…Cryptocurrency Specialist…

But just another short look into future seems to show me that soon, you won’t be able to buy cryptocurrency without a broker. And those of us holding, in the US, will be required to report and then turn over those holdings to licensed crypto-managers. A Cryptocurrency Specialist at your local bank or money house.

Wouldn’t that be just peachy?

 

 

Sincerely,

Jack Shorebird