[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Brazilian Women Soccer Players (in Bikinis) Incredible Skills

Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Viole

Kazakhstan Just BETRAYED Russia - Takes gunpowder out of Putin’s Hands

Why CNN & Fareed Zakaria are Wrong About Iran and Trump

Something Is Going Deeply WRONG In Russia

329 Rivers in China Exceed Flood Warnings, With 75,000 Dams in Critical Condition

Command Of Russian Army 'Undermined' After 16 Of Putin's Generals Killed At War, UK Says

Rickards: Superintelligence Will Never Arrive

Which Countries Invest In The US The Most?

The History of Barbecue

‘Pathetic’: Joe Biden tells another ‘tall tale’ during rare public appearance

Lawsuit Reveals CDC Has ZERO Evidence Proving Vaccines Don't Cause Autism

Trumps DOJ Reportedly Quietly Looking Into Criminal Charges Against Election Officials

Volcanic Risk and Phreatic (Groundwater) eruptions at Campi Flegrei in Italy

Russia Upgrades AGS-17 Automatic Grenade Launcher!

They told us the chickenpox vaccine was no big deal—just a routine jab to “protect” kids from a mild childhood illness

Pentagon creates new military border zone in Arizona

For over 200 years neurological damage from vaccines has been noted and documented

The killing of cardiologist in Gaza must be Indonesia's wake-up call

Marandi: Israel Prepares Proxies for Next War with Iran?

"Hitler Survived WW2 And I Brought Proof" Norman Ohler STUNS Joe Rogan

CIA Finally Admits a Pyschological Warfare Agent from the Agency “Came into Contact” with Lee Harvey Oswald before JFK’s Assassination

CNN Stunned As Majority Of Americans Back Trump's Mass Deportation Plan

Israeli VS Palestinian Connections to the Land of Israel-Palestine

Israel Just Lost Billions - Haifa and IMEC

This Is The Income A Family Needs To Be Middle Class, By State

One Big Beautiful Bubble": Hartnett Warns US Debt Will Exceed $50 Trillion By 2032

These Are The Most Stolen Cars In Every US State

Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval,

China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap


Business/Finance
See other Business/Finance Articles

Title: beware the Bitcoin, Currently More Volatile than a Penny Stock
Source: [None]
URL Source: [None]
Published: Dec 22, 2013
Author: Independent Living Bullion
Post Date: 2013-12-22 09:58:22 by BTP Holdings
Keywords: None
Views: 119
Comments: 6

Urgent Warning on Bitcoin: Promoters Pushing It Like a Penny Stock

Precious Metals Market Update

Bitcoin chart Bitcoin's chart looks like a penny stock right after its promoters send out 10 million emails. Not long ago, we gave you the inside skinny on Bitcoin -- both its strengths and weaknesses. However, the deluge of promotional emails and ads we've witnessed in the past few weeks has compelled us to revisit the issue.

We're frankly concerned people could get hurt financially.

Free-market analyst Bill Fleckenstein, an MSN columnist and investment manager, appeared on KWN last week and labeled the cryptocurrency a "chain letter" that has even less backing than the U.S. dollar.

At least the dollar has a government behind it that can raise taxes to shore it up, Fleckenstein noted. A far cry from something like gold or silver, Bitcoin has no tangible backing of any kind and relies purely on persuading others to hand over things of value in exchange for electronic entries.

Heavy internet marketing by certain newsletter publishers has helped fuel a 500% increase in the "value" of Bitcoin in the past two months. The drop could be just as dramatic.

The situation reminds us of those penny stocks you occasionally see promoted. Yes, adept speculators can jump in, get out, and make some real money. But many will lose most or all of their investment -- depending on which particular day they acted on the "hot tip."

If you are considering putting one thin dime into Bitcoin, please get the facts first. Caveat emptor!

More information: www.independentlivingbull...e-inside-scoop-on-bitcoin

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: BTP Holdings (#0)

personally I think it is a big part of the other shoe.

When in doubt COUNTERFEIT.

The first time someone cracks that code that bitcoin is going to nothing.

I think it is already cracked and that the right time is on its way.

______________________________________

Suspect all media / resist bad propaganda/Learn NLP everyday everyway ;) If you don't control your mind someone else will.

titorite  posted on  2013-12-22   10:29:53 ET  Reply   Trace   Private Reply  


#2. To: titorite (#1)

When in doubt COUNTERFEIT.

Bitcoin is not counterfeit, it is electronic. You cannot hold it in your hand. It can all disappear at the push of a button. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2013-12-22   10:41:01 ET  Reply   Trace   Private Reply  


#3. To: BTP Holdings (#0)

Bitcoin jump to $1200 was propelled by Chinese buying; dropped to half that when China banks suspended Bitcoin trading.

Tatarewicz  posted on  2013-12-23   2:54:00 ET  Reply   Trace   Private Reply  


#4. To: Tatarewicz (#3)

Bitcoin jump to $1200 was propelled by Chinese buying; dropped to half that when China banks suspended Bitcoin trading.

I wonder if you can short Bitcoin like you can do with stocks. That might explain a lot of what the Chinese were doing. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2013-12-23   20:55:59 ET  Reply   Trace   Private Reply  


#5. To: BTP Holdings (#2)

Bitcoin can be conterfitted if the encryption can be broken. It's all about encryption.

And I strongly suspect that someone has cracked it already.

ALSO

Their is another type of lesser know digital currency that folks might be interested in.. I thnk it is called dogecoin. It is paying out.

If you choose to use it, remember your buddy titorite when you profit like crazy from it. ;)

______________________________________

Suspect all media / resist bad propaganda/Learn NLP everyday everyway ;) If you don't control your mind someone else will.

titorite  posted on  2013-12-31   17:55:34 ET  Reply   Trace   Private Reply  


#6. To: titorite (#5)

If you choose to use it, remember your buddy titorite when you profit like crazy from it.

I don't have any extra cash to devote to any of that. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2014-01-01   11:14:07 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]