Topic: Martin Armstrong Discussion - page 242. (Read 647062 times)

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Looks like a serious breakout to ATHs is within months:


Note they need the raise the upper limit of block size (while lowering the average block size with the one-time SegWit compression) in order to accommodate surge load and also one of the flaws of Lightning Networks is it can place very high surge load on the blockchain.

So although this isn't the fix for the long-term, it is a near-term solution to open the throttle on Bitcoin adoption.

You are repeating what I already pointed out:

Even if we completely neglect the question why you would want to buy a ranch there, I still strongly suspect that it would be far better to spend some time and sell your Bitcoin stash in small portions for fiat (and withdraw money later as cash) without attracting a lot of attention from sniffing agencies, and then buy that wretched ranch directly with cash. If you buy it with bitcoins today, how can you be sure that the former owner won't run tomorrow to convert all these bitcoins at once to fiat, totally betraying himself?

And then he gets caught and points his finger at you

Large ranches (1000+ hectares) especially in Third World countries tend to be very illiquid (your only buyers are the super wealthy but they don't want to invest in Third World banana republics) so prices paid can vary a lot when the seller is desperate, the neighboring land hasn't been sold for generations, and it is a common practice in Third World countries to declare the taxable value much lower than the price paid.


Because the purchase of stock can be truly anonymous wherein:

1. The company directors aren't required to know who the stockholders are. Nevada, Wyoming and Delaware offer such.

2. The company directors might know they have deal with you to give you a job, but they don't know how much you personally invested. You just promised them to bring in a lot of investors if they hired you.


You might just instead convert a portion of your anonymous crypto-currency to fiat and purchase assets. If your tax residence doesn't tax you on capital gains, then you have nothing to report. The above strategy was to obfuscate the connection between how much crypto-currency you converted to fiat and which addresses were converted.

The point is that your private wealth far exceeds the real assets you need to legally own non-anonymously in your name. What the wealthy do is use a maze of tax shelters, such as in the Cook Islands to hide their wealth. But I think the crypto-currency approach is another layer of protection. Again locate your tax residence so that you aren't taxed on nor required to report capital gains.

I believe the coming world government (initially only for finance, e.g. IMF, World Bank, and SDRs) is going to try to put an end to tax residences where you don't have to report wealth. So that will render the above strategy illegal. Rothschilds is trying to subordinate all the millionaires so they can no longer escape from his control. That is why he is fomenting a liberalism political army of Millennials "99% versus the 1%". This is why he is coddling Wikileaks. This is why he elected Trump in the divisive way that he engineered with his control over the mass media.

There is no solution to that for millionaires. This is Revelation. It can't be stopped. Money is not the goal. Enjoy the challenge of making your mark on the world, and accept you will depart this earth and you can't bring your money with you. The outcome of your offspring is not the money you leave them, but rather the genetics, knowledge and skills you impart on them.

Are you 12? Or just never had more money then needed to be taxed?

I thought about this question awhile ago... critiques welcome

1. Create a business for say, home/auto rentals
2. Crowdfund to raise money for this business to start purchasing  assets
3. Accept anonymous money from "donors"
4. Purchase assets

Buying a ranch in the way you suggest to do it would instantly raise suspicions since the fiat amount you are going to pay for the ranch would be substantially below the average market price of similar ranches around there. Otherwise it doesn't make much sense. Further, why would the security agencies want to go after your seller if they could just go after you directly, especially when they see the discrepancy between what you actually paid and real prices?

I guess a ranch in Peru is not something you can easily hide under the mattress


How is that essentially different from your ranch in Peru?

For example, you want to buy a ranch in Peru.

You pay the owner in crypto-currency anonymously, then you and the owner conduct a separate transaction in fiat for a much smaller amount.

So the visible portion of your wealth remains in fiat, but it is only an facade for the real financial transaction which occurred anonymously in crypto-currency.

The fly in this ointment is that ironclad anonymity against the national security agencies is very dubious. How can you control when the person you bought the ranch from screws up his anonymity and TPTB rubber hose him to force him to reveal the crypto-currency was obtained from you.

Instead I suggest a plausible different strategy. You treat your crypto-currency as ongoing anonymous investment. You move it around anonymously so it grows gains. From time-to-time, one of the companies you invested in, hires you and converts some crypto-currency to fiat to pay you. You use this fiat to buy real goods.

The above strategy can be used with the use of a tax haven that doesn't require you to report your crypto-currency holdings/gains, so that the above is not illegal.

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I want to see a clever crypto-currency that would be popular, easy to use and have better anonymity than BTC.  If it's my money, it's
my damn business.

Naturally I will want to see how your experiment in crypto works out.  Good luck!  When the time comes, drop that bomb.

The key problem seems to be to be how you quietly convert the crypto to real-world goods.

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I'll just keep getting gold as I get sufficient income.  Never sell it.  (Which of course means NEVER buying too much, possibly forcing a sale at a bad price of certain events break the wrong way)

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By the way, anyone have any comments on how ITALY will vote on its referendum and any fallout?  I am not sure that if wee will easily find out much in Prague tomorrow and Monday.

Cheers to all of you where the sun goes down at 4:00 PM nowadays...

You know I urged everyone to make that trade before the USA national election when gold was still > $1300 and BTC was < $660. I precisely shouted just before the decline in gold and the liftoff of BTC. And reiterated it numerous times, even when the $750 seemed to be overhead resistance.

I still think it is a good trade to make for the next 1 - 2 years, if you execute it now (~$1200) before gold is back to $1050 or below and before BTC has broken out over $800. If BTC breaks out over $800, then an ATH is possible soon thereafter. Below $1050 and later into 2017 or so (perhaps as low as $850 but that isn't certain), I would think reacquiring some gold would be a good diversification.

We could see some serious overhead resistance for BTC at $800 and not get that move towards ATH until later in 2017. I don't know if we will move quickly now to ATH or meander with $800 as resistance.


IMO, crypto-currency is not going to be big in retail, before it dominates online microtransaction commerce.

Thus I think you are looking in the wrong place to see the future of crypto-currency. Look at the (failed) Steemit experiment and improvements such as the altcoin I am working on, to see the future of crypto-currency.

I did write "many if not most". My gosh I was on the phone with one last night who was an agent for Asiana airlines at SeaTac airport in Washington State. The new normal is that "we can't do" instead of "we can do" attitude.

That age demographic in the West seems to lack the original white culture of taking responsibility and a sense of honor and shame, respecting elders, etc..

I am not insinuating that they are (individually) evil (although collectively they could very likely end up an evil political force as Armstrong has been blogging about lately). Just clueless about the original culture of my grandparents.

Not all of us millenials are special snowflakes 

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Soon our trip to Central Europe ends with nary a sight of any Bitcoin sign, logo, etc.  Perhaps that will be easier to find tomorrow in Prague ("Slushland").

Gold all over the place, even some platinum (Vienna).

With the price rise in BTC, maybe I could sell a chunk for some gold taking advantage to BTC up and Au down.  I've got time to decide...

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Millennials and Snowflakes sure seem to hard accepting Trump, LOL.  When Obama won, guys like me bitched for a day or so, no more, and no rioting.

Many (if not most) Western millennials are rapacious, vapid liars (to themselves).

They aren't even embarrassed by their consistent failure, because their entire culture is to blame everything on someone else.

In short, spoiled brats.

Non-millennials will wisely ignore them. Those two have gone back on Ignore.

Yeah I remember that one as well and had the same strategy. Nice

I have been watchinf you post nonsense predictions for short term action like your friend ma and watched you failed as i have taken opposite side trades and profited.. keep em.coming your making me money as your thinking is inline with the rest of dumb money... anyways you predicted emphatically that btc would.be single digits now snd that was the one you were standing beside even as it kept going up... so where does it go now mr prophet?

Sorry as good as you are at analyzing security and game theory systems i cant take you seriously at much else because you cannot admit defeat.

I made all of those correct predictions.

After the correct prediction of the $150 bottom, I stated that I expected gold to go lower based on Armstrong's correct thesis (and it has) and I wondered whether Bitcoin would be correlated to gold given they both are private assets. I told everyone it might not be correlated.

That last hypothesis ended up not being true and the reason is because Bitcoin is on a technology adoption curve, not a private asset. Gold is a $5 trillion mcap, Bitcoin $12 billion.

Gold is driven by fear that the current fiat regime will collapse. So dollar (reserve currency) up, gold down. Until ~2018.

Bitcoin and crypto-currency is on a technology adoption curve. You can google that for what it looks like graphically.

Damn good record I have.

Now go cry in your retarded Millennials asshat with sloanf and the other retards who posted nonsense in this thread because they don't understand a damn thing.

The last part didnt happen stop cherry picking dude... you predicted bitcoin back to single digits and i took you on the bet and you lost.. so now you change your timing for it to fall now? You were saying its dropping in jan

https://www.armstrongeconomics.com/international-news/russia/erdogan-admits-he-is-engaging-in-war-against-syria/