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Author Topic: 2012-12-05 FutureMoneyTrends.com - Accepting Bitcoin for Smart Money Membership  (Read 970 times)
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December 05, 2012, 10:08:30 PM
Last edit: December 07, 2012, 08:23:44 PM by jgarzik
 #1

Signup page link: http://www.futuremoneytrends.com/index.php/smart-money-members

Looks like all those interviews with Trace Mayer finally convinced them to board the bandwagon and accept Bitcoin like they Libertarian's they should be.

Here's the email I just saw from them:



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December 06, 2012, 07:10:13 PM
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I don't really like those suscribtion services.

It could be in a gray zone of what would be a) consulting or b) journalism. But it is neither of those.
They provide an opinion on which their clients are supposed to act upon, partly because they lack sufficient knowlege on how to speculate and get the illusion that the work is done for them.

But in reality it works like a herding game. Subscibers are pointed towards penny stock X and Y. They argue that for whatever reasoning stock X should rise and Y plumment. The subcribers then act upon it and after a while other people notice the movement and hop on. Afterwards the signal is sent to take profit from the trade and it's all good. Up to a point where the impact on the market becomes signficant. At this point the issuer of the newsletter can trade against their own clients, sack them, close the service and create a new one.
 In some way this works like a ponzi, not exactly but close.

Of course those services provide another kind of thing: Fortification of the belief of their clients, which always is fun to hear. (I don't blame people to listen to Alex Jones, etc...)
But there it's at least sold for what it really is.
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December 07, 2012, 01:41:25 AM
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i've followed Daniel from future money trends for about 4 years now.. he is a smart guy who understands the financal ponzi we live under. he is a good addition to the bitcoin community.

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December 07, 2012, 03:23:21 AM
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This could potentially go in the speculation forum as this type of news will likely bring a lot of new money to the bitcoin speculators market.

Volatility here we come!

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or Vircurex for trading alt cryptocurrencies like DOGEs
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December 07, 2012, 06:47:09 AM
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This could potentially go in the speculation forum as this type of news will likely bring a lot of new money to the bitcoin speculators market.

Volatility here we come!

if some guys willing to pay $100 a month for investment advice has some extra thousands, tens or hundreds of thousands around and they actually tell him and he understands how to BUY bitcoin, then

YES! Smiley

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