serious bitcoin

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1 Seeing Bitcoin Red And what you can do about it! By William Mook So, if you’re like most people, you bought bitcoin at $100 to $200 and now its trading in the $50 to $80 range and will likely go lower! NOT GOOD! It’s important to remember that this bubble was engineered! We saw it coming about sixteen days ago. Someone pumped in an extra $100 million per day for about two weeks, regardless of price, and then dumped them all at a huge loss in about six hours to bring about this panic. The news media jumped on board, and helped spread that panic, in an effort to make everyone a seller of bitcoin. So, what do those who are serious about bitcoins do? As Douglas Adams says, DON’T PANIC! If you followed my advice you got out above $200 and are now sitting on cash at Mt. Gox. If not no worries, I will show you a way to break the manipulation of bitcoin, stop the banksters in their tracks, and earn a lot of bitcoins for your trouble. Let me share with you what I did and what I’m doing now. It will give you the idea. I bought 200 btc in January at $10 each. I sold 200 btc last Thursday for $250 each. I used this cash to buy 400 btc at $125 each. So far so good. Now, when btc fell below $100 - I sold half and got $20,000. So I had my original btc purchase plus $20,000. This came from the manipulators of the market. Now it looks like it might go to zero in light trading. What do do? BUILD A STRUCTURED BUY LIST. What’s that? I have $20,000 - so, here’s what I do; buy 200 btc at $50.00 buy 200 btc at $25.00 buy 200 btc at $12.50 Bitcoin crash illegally engineered by major banking interests and media spreads fear of bitcoins calling for their regulation. SERIOUSBITCOIN April 12, 2013

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April issue of Serious Bitcoin for 2013 a Newsletter produced by https://seriousaboutbitcoins.com

TRANSCRIPT

Page 1: Serious Bitcoin

1

Seeing Bitcoin Red And what you can do about it!By William Mook

So, if you’re like most people,

you bought bitcoin at $100 to

$200 and now its trading in the

$50 to $80 range and will likely go

lower! NOT GOOD!

It’s important to remember

that this bubble was engineered!

We saw it coming about sixteen

days ago. Someone pumped in an

extra $100 million per day for

about two weeks, regardless of

price, and then dumped them all

at a huge loss in about six hours to

bring about this panic.

The news media jumped on

board, and helped spread that

panic, in an effort to make

everyone a seller of bitcoin.

So, what do those who are

serious about bitcoins do? As

Douglas Adams says, DON’T

PANIC!

If you followed my advice

you got out above $200 and are

now sitting on cash at Mt. Gox. If

not no worries, I will show you a

way to break the manipulation of

bitcoin, stop the banksters in their

tracks, and earn a lot of bitcoins

for your trouble.

Let me share with you what I

did and what I’m doing now. It

will give you the idea.

I bought 200 btc in January

at $10 each. I sold 200 btc last

Thursday for $250 each. I used

this cash to buy 400 btc at $125

each. So far so good.

Now, when btc fell below

$100 - I sold half and got

$20,000.

So I had my original btc

purchase plus $20,000.

This came from the

manipulators of the market.

Now it looks like it might go

to zero in light trading. What do

do? BUILD A STRUCTURED

BUY LIST.

What’s that?

I have $20,000 - so, here’s

what I do;

buy 200 btc at $50.00

buy 200 btc at $25.00

buy 200 btc at $12.50

Bitcoin crash illegally engineered by major banking interests and media spreads fear of bitcoins calling for their regulation.

SERIOUSBITCOINA

pri

l 12, 2013

Page 2: Serious Bitcoin

2

200 btc at $6.25

200 btc at $3.125

200 btc at $1.5625

200 btc at ...

You can see what’s going on here! As the price

of bitcoin goes to zero the number of bitcoins you

acquire goes to infinity.

This is just the inverse of bitcoins going to

infinity! That is, when bitcoins are going to infinity,

you can get an infinite amount of cash with a finite

number of bitcoins. When bitcoins are going to

zero, you can get an infinite number of bitcoins with

a finite amount of cash. Who does this benefit?

Those with the ability to print cash! But it costs

those who try to manipulate the market each time

they do it.

By putting in a structured BUY list like the one

described, no matter if its 2,000 btc per 2 btc per

tranche, you build a wall against bitcoin going to

zero, and you transfer huge money into your pocket

from the pockets of the manipulators!

We already saw that by watching the market

and catching it at $250 - a lot of money was

transferred into your pocket. Let’s see what might

happen this weekend.

Say bitcoins drop to $5 each this week end.

That means my holdings will be 1,000 btc. Now,

when bitcoin rises again to $200 level, our line in the

sand, we become SELLERS of bitcoins.

That is, at $200 I sell half of my 1,000 btc - or

500. This earns me $100,000 each time I do it. As

bitcoin rises to infinity (the inverse of it going to

zero) I throw off $100,000 each time they double -

forever. Of course nothing lasts forever.

So, what do we do with the money?

We keep it in our trading account to weather

the next attack, drawing our line in the sand at the

next high. Transferring more money each time we

do it! This way we inch forward against banskter

manipulatiuon until we reach $500,000 level which

is the appropriate level for bitcoin, and the price at

which bitcoins match fiat currency, and true

competition returns to the markets.

So, now you have the formula!

USE IT!

Good luck and good buying!

And remember...

What doesn’t break bitcoin makes it stronger!

“No bank among the top tier can be

allowed to fail. Systemic risk costs are

not priced into their capital or collateral.

A ‘super spreader’ tax of 40% has been

designed to reduce these losses.”

Sheri M. Markose, Professor Economics University of

Essex, UK, IMF White Paper 282, June 2012.

Criminal Manipulation of Bitcoin PriceAnd what you can do about it!By William Mook

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Engineered Crash

An extra $100 million per day entered into the market for 14 days. That $1.4 billion worth of bitcoins was dumped on the market at a huge loss over a six hour period which precipitated a crash!

Bitcoin is subjet to this sort of manipulation until it reaches critical mass.

Knowledgeable buyers can transfer this money to their pockets and make bitcoin stronger by not panicing and structure bitcoin buying when these move downward.