YOU ARE ONE WHO INVESTIGATES

YOU ARE ONE WHO INVESTIGATES, RIGHT?

DOES THIS DESCRIBE YOU?

You arrive at this blog searching non Bitcoin terms - but - interestingly, you do have an interest in finding out more about Bitcoin. You probably don't know what the term Blockchain means either. Or, that there are over 800 branded "coins" like Bitcoin on the blockchain technology. You know that you would like to know more - but don't know where to start or who to ask. What luck that you are here today. Here's this blogs best advice.................. The sidebar has "Bitcoin" books and "Bitcoin" links - exploring any of these can be helpful for your learning curve....... But, let's say you simply want to get your feet wet - to actually OWN some Bitcoin - and you are simply wanting to know the first steps on obtaining some Bitcoin............. Cool - because it's not hard to do - but - you DO need to know a few things about OWNING Bitcoin...... First things first - Bitcoin in 2017 is totally legit and you are going to have to identify yourself, and verify yourself, to buy OR to "mine" Bitcoin............Next - there is only a place or two to buy Bitcoin at the lowest price - the main company is called Coinbase. Millions of people have Coinbase accounts. MOST people in America buy their first Bitcoin from Coinbase....... Now, interestingly, Coinbase has an interesting "bonus" to those who sign up - and buy their first 100.00 USD of Bitcoin. BUT - the bonus involves USING AN AFFILIATE link to JOIN Coinbase; I'll explain what and why.......First, ONLY IF you use an affiliate link do you get the Coinbase bonus - this is my Coinbase Affiliate Link - https://www.coinbase.com/join/m4ever - IF you use it when you join and then eventually buy your FIRST 100.00 USD of Bitcoin from Coinbase - THEN THEY GIVE YOU 10.00 USD OF FREE BITCOIN - (They Also Reward Me). It's Coinbase's way to welcome American People to Bitcoin.....IF YOU DO NOT USE THE AFFILIATE LINK TO SIGN UP - THEY DO NOT REWARD YOU EVER FOR YOUR FIRST 100 USD - IT'S THAT SIMPLE...DO YOU WANT 10 FREE USD OF BITCOIN... You too will have an Affiliate Link after you join - make sure to share that with your friends when they want to buy their first Bitcoin. Also, when you join Coinbase... You will automatically also have a Bitcoin wallet (and address) - you will need a Bitcoin Wallet to acquire BTC from the only other method of OWNING Bitcoin - to "Mine" it.... Yes, it's true...you really can become a miner................ And, to some people that means REALLY getting into the entire Blockchain scene, learning the language, becoming experts, and eventually buying Mining Equipment...... And, that is fine for some people. BUT...it is time consuming - AND - Bitcoin machines are notoriously "hot and loud" and somewhat expensive to run as they consume lots of electricity.......Which FINALLY brings us to the last quick tutorial for you... the news that you can also RENT "mining" equipment - by buying what is called Hashpower - from a reputable company..... UNFORTUNATELY, reputable mining companies, are few and far between - indeed - I can ONLY recommend the one I am using myself - Genesis-Mining...... they are a long running mining farm with low electricity costs - and over 500,000 people worldwide are already "mining" with them from buying Hashpower contracts. That hashpower is assigned to your rented machines - which "mine" cryptocurrency daily - you are sent your earnings the following day.... at Genesis Mining there are multiple coins to "mine" and you set the mix of coins you "mine" - and you can change your mix at any time. The return on your investment will ultimately depend on the price of Bitcoin and the coins you choose to "mine". Obviously, if you re-invest your returns in buying additional hashpower - your ROI will be quicker. Indeed, after a number of months (less than a year currently) you will be "up" and earning daily bitcoin value indefinitely....it's a longer term view - if a year is to be considered long term. And, like Coinbase, Genesis-Mining also has a "win-win" Affiliate Program for new users - IF you use a PROMO code to buy your "mining contract/Hashpower" - you save 3% on your cost (you pay full price if you don't use the promo/coupon code) - AND - they also provide me a bit of FREE Hashpower for bringing you into the "mining" spectrum. "Mining Contracts" begin at ONLY 30.00 USD,it's a no brainer - Here's my Genesis Mining Code (you can see it in other places on this blog too) lcS0Un - use the code when you sign up. Just click the links, or click the banner at the top of the sidebar. Thanks.

YOUR BITCOIN - MAKES YOU A MICRO-LENDER BANK - CHECK THIS OUT

Tuesday, June 10, 2014

Understanding The BS Economy (of America)

As Barfsters know, this is also a forum for pushback to the viewpoints generally shoved down our throats by the MSM. One of these view points is about the general state of the economy..... as if it can be summarized in a few words.

Now, one place you can hope to find a more realistic idea of the general and specific economy is to `follow the money' and in America that means one thing - CNBC and it's many `analysts' who all try to tell you their version of the `money truth' as they see it - and then they project that viewpoint onto the government figures about the economy. And, if you don't read between the lines, and aren't a true follower of the money.... you are probably of the pumped up MSM opinion that `things are steadily improving' ... which is the standard positioning you hear.

And, while this post isn't about some predicted crash about to occur - it is about pushing back on some of the various viewpoints that are in such concordance that `things have been fixed' from the Great Recession.... take Jim Cramer's total mystification last week about what appears to be a softening hiring and jobs outlook.

Now, to put together a possible overall view of the positions on CNBC - to be right - one probably needs to pick and  choose the best ideas of each logical position offered about what the official numbers mean... like the unemployment numbers, hiring numbers, corporate profits, interest rates, and housing figures and refinance. You know, for a total picture. And, here's my take....

As we all know, the Fed's purpose of printing trillions in fake money was two-fold, - to save the system at the beginning, and to `inflate asset prices' after that point of time. As you know, they are STILL doing so in the 3rd phase of this money pump at a 30 billion a month rate or so... and as you know, that is stated to be ending (unless the government numbers don't allow it to) by the end of the year if not sooner.

Now, WHO's asset prices did the Fed raise... well, of course the folks who have assets.... generally the well off, pension funds, etc. And yes, the man with 401K's would benefit too and feel better. It was hoped that all this fake euphoria would spill over into other assets, like housing, and of course that too is running it's  course... it's almost like we are all being brought back to some sort of equilibrium like we had before the BUST of 2007-2008. (2009) - Which, of course, the government figures had us OUT of recession and bad times in no time - ..... and NO ONE believed a word of it. Not a word. They'd barely be able to get away with it now, except for the pounding in by the MSM to those less informed, and not following the money trail.

Of course, the `comeback' for those with money - is not viewed as favorably by those NOT in the money.... a very sizable portion of America. A LARGER portion than existed BEFORE the fraudulent bust of 2008 in banking and housing (and pension funds etc). They busted a part of middle class America and then layered on the debt level on the young who had no jobs to find .... so they, the young, took the government money for a college education that again had no jobs...... and so went even the mobility to escape out of the parents home in many instances.... yet the big money boys are somehow looking for NEW people who are moving up into HOMES?.... yeah, right. 

And, more of this also plays out in and because of the inflated figures of HOME values on both coasts metropolitan areas.... remember, since 80% of California's homeowners took the free/fake money of 2003-2006 ... it is the top end that needed to be made whole(r) again... leaving... those in homes that were MUCH more towards the median in value, elsewhere in the country... getting the shaft... those will not recover as much if ever. And in some communities... like the rust belt... it is the bust of a NON ending Great Recession (with folks too poor to get up and move). Detroit and Cleveland come to mind...... where homes that were `cheap' but beautiful in 2006, for 110K, are still at 65K today, and with no prospect of moving any higher. (With Many 20K dollar homes on the next street.) - Where are these folks? Why aren't their concerns on TV?

So, the bottom line is FOR GROWTH - you need either the FED's fake bucks..... or MORE of the middle and working class to somehow be able to be freed from debt and interest to the money centers. Something the powerbrokers will never do. A good 2/3's of all Americans are still too scarred from 2008 to trust the politicians to take care of their interests. To scarred to move, to buy a car, to buy a house... a built in caution with little improvement is the new normal MR Cramer.

The demographics are not of any help, and getting less likely to portray a comeback in the economy, as the new Hispanic class of working folks load up on having multiple children. And no real change in government policy even asking black males to re-enter the work force after decimating their culture via the so-called drug war. (Read police, lawyer, system profits).

What's the new mystery to the talking heads and powers that be? 

Where have all the workers that dropped out of the economy during the fraudulent bust of 2008 gone? (I'd mention the increased suicide rate but the media won't.)..... Wouldn't the OBVIOUS answer be `from the middle class'? Or would `into poverty' be more your cup of tea? While the 100 degree summers and 30 below winters beckon those to North Dakota to be part of the dirty oil boom.

Bottom line - there will be no growth within what was once known as the middle class.... only a very slow downward slide. There will be no increase in household formation as the tables and graphs will all need to be re-adjusted.... and the `boom' in auto sales? Well, the surviving middle class is indeed replacing those 11 year old cars.... then, the sales will dip again and the wonder will be.... is the driving of the car no longer affordable to the `middle class'?

Oh, and why oh why isn't America hiring? .... One reason ... there is NO increased demand... and won't be....
==============================================
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