As Bitcoin skyrockets past $18,000, I’m issuing a new Bitcoin warning video (see below for the full video). Bitcoin speculation has now clearly reached the level of a “digital tulip bulb mania” that’s going to end catastrophically. Historians will be writing about the mania (and the madness of crowds) for decades to come, and the Bitcoin collapse will be used by the establishment to discredit decentralized systems, libertarians and certain sectors of the independent media.
The headlines you’re going to see emblazoned across the mainstream media when this scheme unravels will include, “Bitcoin BLOODBATH” and “Bitcoin Goes BUST.” Every individual and website publisher that promoted Bitcoin is going to be named, discredited and possibly even indicted.
The people who are buying into Bitcoin right now are nothing more than sheep being led to slaughter. (Stay up to date on all this by reading BitRAPED.com.) When this Ponzi scheme collapses, who are they going to blame? People like Max Kaiser, of course, plus other individuals who may even face arrest and prosecution for their involvement in this financial fraud scheme.
Stay informed by reading http://BitRAPED.com
It’s an inescapable pattern of human culture: Each new generation believes it is smarter and wiser than the generation before. Throughout the history of western civilization, young innovators believed they had discovered near-magical wealth generating systems that could produce riches without effort.
Today, we’re told by enthusiastic youth that Bitcoin is different, too. And if we disagree with them, they say we’re too old or stupid to really understand Bitcoin. The only way to truly understand this innovative cryptocurrency, we’re told, is to believe that its valuation will increase logarithmically, forever. Only then are we considered to have fully “understood” Bitcoin.
The new censorship tactic of the unhinged Left is to try to cut off the revenues of conservative or libertarian thinkers.
Just yesterday, in fact, The Guardian reported on how $300M in Ether currency just vanished due to an accident committed by just one user. “More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports,” reports The Guardian. Yes, you read that correctly: A user accidentally destroyed $300 million worth of cryptocurrency. Oops.
If Trump manages to get tax reform signed into law, it could delay the impending market crash for years. But passage of real reform is by no means certain. Be cautious.
Most Americans are just one paycheck away from total crisis and total panic. Even a small interruption can send people into financial chaos.
If you don't de-leverage your finances and pull back on your risk, you may lose everything in the coming collapse.
The devastating hurricane strike of Puerto Rico proves that Bitcoin's value collapses to ZERO when the power grid goes down.
Unlike gold and silver, Bitcoin can vanish in an instant.
Is Bitcoin really a fraud that's doomed to fail? YES, says Mike Adams, and the reason the globalists will destroy Bitcoin is because they can't control it.
Learn more at http://BitRAPED.com or http://Bubble.news
If you've been listening to the Health Ranger or reading Natural News, you knew about the looming Illinois pension crisis YEARS ago!
Although the financial crisis has surprised lots of everyday citizens, it was easy to see this coming. Now the collapse is imminent.
The Bitcoin house of cards continues to collapse at an accelerating rate, now plunging from nearly $5000 to about $3200, wiping out more than $23 billion in "assets" that foolish people deluded themselves into thinking was real.
Mike Adams explains how Amazon.com could kill Bitcoin by announcing its own crypto-currency that can be used to purchase products on Amazon.
The Health Ranger explains how Bitcoin promoters are being set up to be the "fall guys" for the coming Bitcoin wipeout. It will be followed by arrests and indictments against Bitcoin promoters, as well as civil lawsuits from those citizens wiped out by the Bitcoin crash.
The Health Ranger explains why exponential growth in anything -- population, markets, Bitcoin prices, etc. -- is unsustainable and must crash.
The Bitcoin delusion kicks into high gear as Bitcoin cultists claim, "It can't be in a bubble, it keeps going UP!"
There are two new risks that could wipe out Bitcoin almost instantly. The Health Ranger explains what they are.
The Health Ranger explains why Bitcoin goes to ZERO after an EMP attack or solar flare (CME) of sufficient size that takes down the power grid.
Gold and silver, on the other hand, are impervious to power grid failures.
The Health Ranger explains why Bitcoin "scarcity" is a big fat LIE.
The Health Ranger explains why Bitcoin advocacy is based on a popular delusion that Bitcoin promoters tell themselves: That central banks will just sit back and do nothing while crypto currency makes them obsolete.
Don't Bitcoin advocates realize the globalists are going to fight back and crush any competition that threatens their fiat currency monopolies?
Read more at http://BitcoinCrash.news
Through the August 1st hard fork and the changing of the Bitcoin software, the Bitcoin ecosystem just PROVED the crypto currency is NOT a reliable store of value.
Why not? Because they can change it at any time, wiping out coins, shutting out miners, creating more coins, etc.
These are not properties of things that have actual scarcity.
If you are willing to look like a total fool after the crash, you will be popular before the crash. But if you're willing to look like a fool BEFORE the crash, you will look like a GENIUS once it happens.
The Bitcoin Ponzi scheme is beginning to face increasing regulations from government as the SEC announces that ICOs are subject to securities laws.
As the Health Ranger explains, Bitcoin mining is using almost as much electricity as a city of one million people. And most of that electricity comes from burning DIRTY COAL, which pollutes the air with mercury and particulate pollutants.
The Health Ranger explains how Bitcoin went from a promising decentralized cryptocurrency to a Ponzi scheme peddled by sleaze artists.
Stay informed at http://BitRAPED.com