Forum Post: As Predicted Bitcoin Crashes
Posted 11 years ago on April 11, 2013, 10:47 p.m. EST by quantumystic
(1710)
from Memphis, TN
This content is user submitted and not an official statement
Time to rename it BitCrash... http://www.zerohedge.com/news/2013-04-10/bitcrash-continues-down-40-and-dumping
[Removed]
Lets play a game called "Who Doesn't Like Alternative Currencies" to try to figure out who may be hacking into their systems.
You're definitely on the right track:
http://www.naturalnews.com/039865_bitcoin_crash_prediction_Mike_Adams.html
Meanwhile, the price of gold remains firm, and commodities like wheat skyrocket.
Market manipulation. Ya gotta love it.
If you're on the insider part of the market, for sure ya gonna love it.
From what I've been hearing these past few years, being on the inside is the only way to really make money in it although I've heard of some of the 'little guys' making a small profit. But I'll bet even with that small profit, they were still getting screwed in some way. I studied the market a little in the early '90's (but didn't play) and it seemed to me a person would have to devote a whole lot of time to it to make any serious money. It had to be more than a hobby.
A friend here is Oz came into money through inheritance. He gave 200 G to a stockbroker, who turned that into 70 G in two years.
Remember Muamar Kadaffi gave several billion to Goldman Sucks, and they turned it into a few thousand.
If you're not in the inner circle, don't play their rigged casino games.
Your friend learned a hard lesson, it seems. I'm actually glad I didn't get into it much. I worked with a guy that was a pretty serious investor. Well, serious for a blue-collar grunt, I mean. I tried to warn him in the early 2000's that a bubble was going to burst. He got hit pretty hard. I think he was counting on it to be a sort of retirement fund, but he seriously believed in the 'buy and hold' mantra. I now know that's what the big boys tell the rubes, and that most crashes are orchestrated as a form of wealth confiscation.
OBL and the silver market are the best examples of central planning against the currency. The friday before we "got" him silver was at over $50 an ounce, skyrocketing, along with gold. The dollar PMI was at near all time lows, and sinking. The gold to silver ratio is suppose to be about 16:1, and it looked like silver may have been heading in that direction.
yada yada yada we get OBL, and then over the next 7 days they raise contract prices on silver something insane like 5 times, and finally beat the price back down to $25.
Not saying that they did the OBL thing specifically for this, but it clearly shows they are very good at doing shitty things in the midst of a media frenzy.
This monsanto deal in the shadows of guns and N Korea only further make me think this.
It makes sense. Exploit a media 'event' either real of manufactured, and wheel and deal behind closed doors while the public is distracted.
More like wealth concentration, than confiscation.
There was a mantra going around in 2008 that "nobody saw it coming".
Nearly choked on my cornflakes when I first saw that BS.
Just this year I put "Inside Job" on my FB page, and several friends expressed utter disbelief that it wasn't all over the news about this fraud.
The whole ruse relies on the goldfish theory; news is only worthy for a week. After that, nobody gives a fuck about it. Move the fuck on.
Yeah, "nobody saw it coming." The real big players always see it coming, I think. Or at least the possibility. It's funny how they seem to make a killing in an up and a down market.
It is amazing how so many people that haven't seen 'Inside Job' don't realize all that shit happened the way it did. It's no surprise it wasn't covered in the MSM. I still haven't seen that doc in its entirety yet. I had it saved and started watching it about a year ago while I was drinking my morning coffee. I could only watch about an hour of it and had to turn it off, it started pissing me off so bad. It genuinely started to ruin my day, heheheh. But I'll get around to it one of these days.
The TBTF became even bigger.
They did, in fact, become too big to jail.
The did not become too big to ignore, or to lose trust from the people, but they rely upon this goldfish syndrome, where people just seem to forget WTF happened just last week.
It helps if they own significant portions of global media orgs, and buy off politicians.
The 'goldfish syndrome' is a good way of describing it. In fact, it's become a bit of an epidemic, because I've noticed a serious shortage of attention span in a lot of today's young people. The ones I come into contact with anyway. That's also been orchestrated to a large extent, in my opinion. It helps TPTB immensely.
Hang on buddy.
I'm just catching up on the Kardashians latest tweets, and I've got seventy plus new friend invites to go through.
What was your name again?
I like your sense of humor, my man. Never lose that, it's a commodity in short supply.
Likewise, my friend.
All work and no play makes Jack a very dull boy. Jill too.