17 Dec 2013

Chase Has Begun a Covert War on Bitcoin

By Michael Krieger: The past several days have seen considerable weakness in the price of bitcoin. The selling was sparked by the revelation that the Chinese government had essentially instructed its financial system to avoid it. Then yesterday it was revealed that China had banned third-party payment companies from doing business with bitcoin exchanges. As far as price is concerned, I have stated repeatedly via Twitter that I think the China news caps the upside in the near-term (baring other material news of course) and that we are in a new range of $650-$1050 per BTC. At roughly $700 where we are now, I think at least 75% of the “China premium” is now out of the price. This sets up a solid risk/reward profile. However, there is one thing in the U.S. that people should be aware of and represents some headline risk if true.
Recently, a friend of mine noted that Chase has threatened to shutdown his business account due to his use of Coinbase (remember Coinbase recently received the largest VC investment in Bitcoin to-date). Apparently, the problem hasn’t been when money moves out of U.S. banking deposits and into the Bitcoin ecosystem, but rather when the currency is converted back to dollars and then deposited back into the Chase accounts. With this already being in my mind, I read the following Reddit post this morning:
Hi everyone,
A few weeks ago, I posted that Chase decided to terminate my account, and they never notified me as to why they would do this. However, I believed it to be Bitcoin-related.

Bankocracy Airbrushing Past Failures - Max Keiser and Stacy Herbert with Mitch Feierstein

Max Keiser and Stacy Herbert believe we are all Jang now! The despicable human scum that was Kim Jong Un's now executed uncle also got the blame for someone else's 'uncontrollable catastrophe' of an economy. They also look at signs of North Korea like propaganda in the UK, US and India.

Corruption Epidemic!! Lord Hanningfield MPs This Government Corporations Banksters + Astonishing Testimony From Doctor Gill - The BBC Sucks O Cocks News

The artist taxi driver

The Final American Revolution - Adam Kokesh Debates Stefan Molyneux

"They (police) went for my life savings in silver and guns and ammunition, fortunately they couldn't get to the BitCoins." Adam Kokesh.
Stefan Molyneux: Adam Kokesh and Stefan Molyneux debate the best way to advance the cause of freedom, increase human liberty and end the tyranny of the state. Political Action, Civil Disobedience, Peaceful Parenting or something else: What is the best method?

BORISCONI THE BARBARIAN: London Poverty Under Johnson Demonstrates The Neoliberalism Lie + CAMOUFLAGE ARMOUR X Art

boristrapMayor tells critic to shut his poverty trap
Mayor Boris has been hung by his own facade of nice banksters and neoliberal wealth-creation
By John Ward: Boris Johnson became London Mayor on 4th May 2008. But during the election (on April 15th that year) he revealed that the City’s best-known banker would help him set up and run the multimillion pound Mayor’s Fund, to give money to some of the poorest Londoners. Mr Johnson told an audience, “The Mayor’s Fund for London will be a streamlined vehicle for getting money from the wealth creating sector to communities across London that are facing hardship and deprivation, and are the victims of crime. Many people in the City of London are very interested in this idea and one man who’s going to help is Bob Diamond at Barclays Bank, but there are many others who are going to come forward in the next few weeks who are going to show their support.”
Mr Diamond is now – like most of Boris’s friends – in disgrace. The Mayor’s Fund is still in being, but out of a London child population of slightly over two million, the number of kids benefitting from the scheme is 2,000. That’s 0.1%…and 25% of the Capital’s kids live in poverty.

The Accumulated Wisdom Of The Pro Male Community + 12 Reasons For DNA Paternity Testing

The MEN Who Died To Save The World

By The nuclear crisis which continues to plague Japan and the world has received scant attention from lame-stream media. Given the potential magnitude of the threat posed by this disaster, it would seem there is an agenda to redirect the world’s attention. The question of who is being served by that agenda is one readers are encouraged to ponder further.
It is difficult to know precisely what is occurring now at the Fukushima reactor site. Certainly clean-up efforts are underway – equipment and technicians and workers are working – but how far the long-term damage to the world will reach, in lives, lifestyles and financial costs, as well as geography, is a matter of conjecture. The Japanese government’s new fascist whistle-blower law may ultimately ensure that the entire body of truth never comes out, an outcome which will no doubt benefit bureaucrats and corporate officials alike.

Greece In Crisis, Time For Our Community To Step Up

HALC: Two weeks ago, a 13-year-old girl died in Thessaloniki from carbon monoxide poisoning when her family was forced to burn coal after their electricity was cut. Nearly 1 in 3 Greeks live in poverty, and some 3 million don't have health insurance.
Greece is in crisis, and it's time for our community to step up.

Earlier this month, HALC launched a relief campaign with The Hellenic Initiative, a non-profit that's helping to fund on-the-ground relief efforts in Greece. Together, we raised almost $118,000 in just over a week. That's a great start, but we can do so much more.
Donate now and your donation will be matched 2:1, up to $25,000.

Donate now: http://onegreece.org/halc

Help families in Greece now!

After 12 Years of Wars US Threatens Russia for Deploying Defensive Missiles in Kaliningrad

UK BANNED Press TV: Orwellian double speak Washington (the pot) has 'warned' Moscow not to destabilize the region (calling the kettle black) after Russia announced the deployment of missiles on its western borders with some Baltic countries.
"We've urged Moscow to take no steps to destabilize the region," US State Spin Department deputy spokeswoman Marie Harf said on Monday. "We've made that point with them." (She said, presumably after emerging from their regular morning coffee and Obama drone kill list approval session.)

Greenpeace Now Using Santa to Push Global Warming Agenda

AJ: Greenpeace is running ads in major transportation hubs around the world featuring an image of a depressed Santa Claus alongside the words, "The North Pole is melting. You'd better believe it." NASA photos show the opposite is true. Source

Institutionalized Misandry: The End Of Sanity

Paul Elam: A six year old boy in Colorado is suspended from school and branded as a sexual harasser for kissing a girls hand. The mother of the girl says the school was right.

A seventeen year old high school senior is suspended from school and branded as a sexual harasser for giving one of his teachers a hug. The school defends their decision.

A University of Ottawa professor writes a book advocating for enabling women to legally murder their husbands if they think they are being abused.

83 US Numbers From 2013 That Are Almost Too Crazy To Believe + Chart Of The Day: This Is What "Generational Theft" Looks Like

83 SignsBy Michael Snyder: During 2013, America continued to steadily march down a self-destructive path toward oblivion.  As a society, our debt levels are completely and totally out of control.  Our financial system has been transformed into the largest casino on the entire planet and our big banks are behaving even more recklessly than they did just before the last financial crisis.  We continue to see thousands of businesses and millions of jobs get shipped out of the United States, and the middle class is being absolutely eviscerated.  Due to the lack of decent jobs, poverty is absolutely exploding.  Government dependence is at an all-time high and crime is rising.  Evidence of social and moral decay is seemingly everywhere, and our government appears to be going insane.  If we are going to have any hope of solving these problems, the American people need to take a long, hard look in the mirror and finally admit how bad things have actually become.  If we all just blindly have faith that "everything is going to be okay", the consequences of decades of incredibly foolish decisions are going to absolutely blindside us and we will be absolutely devastated by the great crisis that is rapidly approaching.  The United States is in a massive amount of trouble, and it is time that we all started facing the truth.  The following are 83 numbers from 2013 that are almost too crazy to believe...