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Can you open an account at a better bank?
And then make a point of letting WF know exactly why you're closing your account... maybe toss in a reminder of how they've recently been engaging in a prolonged and deliberate fraud on their own customers by opening phony accounts in their names. Send a letter to the corporate headquarters.
I already have several accounts at several banks and a credit union. After this is all over I'm closing all of my wells fargo accounts and using a local credit union that I like. Sickening. You use Conbase and Wells Fargo because...? I mean coinbase. and fucking wells fargo. Man. I suppose you could insert <any*bank> for similar disgust. Coinbase blacklisted coins in ?2013? That was their end as far as I'm concerned, and bitcoin's too. Thankfully I didn't have long to wait for a superior option. So far no issue other than stupid delays from the banking end, but that can change...  What is the alternative to coinbase? I couldn't find any other exchanges in the us that would allow me to withdraw fiat. bitflyer was quick and easy to setup for me. https://www.bitflyer.com/en-us/ |
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What are your thoughts on platinum as an investment?
If all you're doing is trying to preserve wealth it's hard not to be good since it's current price is probably more rock bottom than any metal out there, so you can likely hold and easily make money too. But in the future, gold and silver will likely have a higher price gap premium between sticker price and cost of production. It's 100% inevitable gold will spike at least twice it's current price in current dollar purchasing power when you compare things like debt levels vs gold ratios seen in the past. When that happens, silver will go to at least a 30:1 ratio of around $75-85. Will platinum match those type of 4-4.5x returns in current purchasing power? I don't know. This is all in terms of a regular metals bull market and not a currency collapse or anything. It's hard to go wrong with gold, silver, or platinum at this point, but I think silver will have the highest returns if you can wait for the inevitable metals bull run to occur. The idea a few propagandists have put out that the govt can revalue gold to $10-20k while simultaneously suppressing silver to make it not go up at all is complete nonsense. At the time when governments around the world revalue gold, there will probably not be an ounce of gold or silver on any store shelf left to buy, so the free market would push things up to the moon no matter what. Thanks. The reason I asked is because I see the platinum/gold ratio near historical lows (as you say more rock bottom than any metal out there). I just find it hard to imagine this ratio going much lower in any circumstance. I agree that silver is probably best. It does take up a lot more space though. |
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Why people who promote craptocurrency over metals are idiots: I'm not a fan of Martin Armstrong, but his definition of gold and silver is "a hedge against government". An actual competent person trying to disparage bitcoin would mention that bitcoin is not a hedge against government since it's traffic is not obfuscated and it runs on the governments own infrastructure. Not to mention it's not possible to create a decentralized digital currency in the first place, only centralized ones. At the end of the day, the only valid hedge against government is metals because government can't afford to police the entire physical world, but they can easily afford to police the digital one.
Cryptocurrency only exists due to the will of the government. Jewish sheklers like Larry Summers and Ben Bernanke actively promote it (red flag). They promote it because the amount of gold in Fort Knox is somewhere between 0 to 2000 tons max (much likely far closer to 0). They all know people are going to hang (hopefully lots of jewish criminals) when the debt bubble collapses and the US is forced to issue a new form of money with all the assets serving that role "mysteriously" being gone.
They're attempting to pull a business as usual scam and pretend they can just "print" up some digital 0's and 1's in the place of real money, avoid hanging in the process, while also enslaving the population even further with a new Jewish controlled, digital only slave blockchain to replace the former Jewish, debt based scam currency. There's just too many Goyim that know now, so unless a tidal wave of millenial cuckolds buys into the idea that digital scam tokens are somehow more valuable than real world physical money like metals, everyone at the fed, the BIS, and the IMF will hang.
What are your thoughts on platinum as an investment? |
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This is nothing new at all. Bitcoin is very traceable, so yeah, why not try other stuff?  What's new is that it's becoming more evident to those that need it most. The full realization of this has yet to be put into practice at the scale it should be at. True.. This is why a lot of us have been here for quite some time already, so it's just nothing new to a lot of us, sorry!  Indeed  |
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This is nothing new at all. Bitcoin is very traceable, so yeah, why not try other stuff? What's new is that it's becoming more evident to those that need it most. The full realization of this has yet to be put into practice at the scale it should be at. |
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[/quote]
All the $billionaires and $trillionaires will be doing their settlement in BTC.
It will be $500,000 per BTC.
That is obvious.
[/quote]
Why would the elite want to create thousands of new trillionairs?
Why would trillionares need BTC when they own offshore banks?
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Is MA still calling for gold to drop below $900? That call doesn't seem likely at this time.
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When is this "brief contagion and crash" expected?
I don't expect it to be to close to election time.
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I'm confused. How does one decide to suddenly believe in an all knowing all powerful invisible man in the sky without being dishonest with themselves?
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Caffeine is very effective at reversing fatty liver. Take with meals and start low until your liver can handle more.
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Citizenship in the sovereign State of ________ (hereafter referred to as the State) Hell to the no. Individual sovereignty and the non-aggression principle are all I need for a decent world, thank you very much. Indeed per the linked video, the State is going to collapse into a NWO eugenics hell. I have written extensively about this. So what is your plan to avoid being persecuted as the totalitarianism tries to retain control and attempt to drag everyone down with it using extreme violence? Will you just allow them to kill you? Non-defense is not always a solution to aggression. Hitler rolled over pacifists like a hot knife through butter. The non-aggression principal has little in common with pacifism. The NAP simply recognizes that no one has the moral right to initiate force upon any individual and there are no exceptions for groups of individuals or any organization calling itself the govt. Self defense is not at all incompatible with the NAP. |
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We recently found what might be the single greatest tax loophole in America—ever.
I’m talking about way to essentially (and legally) remove yourself from the federal and state tax code, without leaving America—AND exempt yourself from paying taxes on dividends, interest, and capital gains, too.
No, I’m not talking about giving up your citizenship, or anything as drastic as that.
But still, this course of action is certainly not for everyone. It requires a major change in lifestyle. But it is a very real option.
The reality is, there’s no telling how bad things are going to get as the government continues its gross overreach upon the American public. This is an option every American, at the very least, should be aware of. I personally think it will make sense for a lot of people.
Several of my friends and colleagues have already taken advantage of this strategy. So have some of America’s richest investors and retirees including billionaire John Paulson and Nicholas Prouty, who runs private equity firm Putnam Bridge.
I’m seriously considering it too as an option down the road.
I’ve even read in the New York Times that the tax savings could add up to at least in the six figures every single year, depending on your income.
I don’t want to say any more about it than that, here in this letter. The truth is, the fewer people who know about this, the better. Here he is talking about moving to Puerto Rico. |
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Yes, you will be a millionaire but not in today's dollars.
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Thanks for all the help guys.
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I would like to purchase BTC's and save the majority of them in a paper wallet as I expect to hang on to them for at least a few years.
I was thinking of doing the following:
1) Install Electrum from a live DVD/USB (Ubuntu or Tails) onto a computer that's not online.
2) Record seed and copy the address's generated.
3) Delete the wallet
4) Send BTC's to the address's that were generated offline.
5) Confirm transfer of BTC's at Blockchain.info.
Does the steps above seem OK? Is there anything that should be changed or added?
How does the blockchain know that the address's that were generated offline are valid?
TIA
Record the bitcoin private key in step 2. The private key is required to initiate transfers on the bitcoin network. Without the private key you lose the funds. Isn't the seed the same as the private key? How would I lose the funds if I have the seed recorded? |
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At step 2, you should copy the Master Public Key for the account (or accounts if you use more than the default one) instead of copying addresses. With that master public key, you can generate all of the addresses in that account (there are 2^31 of them so don't worry about running out of addresses).
To get the master public key, click Wallet > Master Public Keys in the menu bar.
Then, with that master public key, you can
1.) start Electrum on an online computer,
2.) click File > New/Restore in the menu bar,
3.) check the radio button that says "Restore a wallet or import keys",
4.) and finally enter your Master Public Key in the blank box that appears after clicking "Next".
If you do that, you'll have a watching-only wallet on the online computer, which means you can see all your addresses, your wallet balance, etc. but cannot spend anything because the wallet doesn't know your private keys. That way, you can always keep track of your wallet (you won't even have to use Blockchain.info since Electrum will tell you about transactions) without risking anything.
Thanks for the reply. So just to be clear, the purpose of the watching only wallet is to generate addresses and check balance, but It doesn't need to be online to generate addresses. Is that correct? And can I send btc's to addresses generated offline that have never been broadcasted to the network? |
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