Bitcoin

I have had a few people ask me about bitcoin, here is my answer...and just to be clear, I opened a bitcoin account and began accepting it on my website in August of 2014. I received my first bitcoin client in April of 2015. That $225 reading was worth 0.9478 bitcoin at the time.

Do I think bitcoin is real? Yes, I have friends who are buying houses with the money they made through bitcoin. If you think it isn't real, this article matches my opinion.

Is it safe to invest in bitcoin? I answer that with another question: Is it safe to invest in the stock market? Safe is not the right word. There is a risk, and you make or lose according to the wisdom or luck of your investment. So don't put all your money into cryptocurrency, but I would advise learning how to buy it and put a small amount of your income into a cryptocurrency each week/month. If you invest a little bit, you don't risk much and you have lots to potentially gain, as well as an understanding of a new way to make financial transactions.

Is it a bubble? This can only be a prediction...with some markets it is easy to predict, others it is harder. Bitcoin and cryptocurrencies are so new, we don't have much data to research their movements with, but there are plenty of astrologers working on it. I am not a financial astrologer and avoid market predictions, but I take a special interest in bitcoin and other cryptocurrencies because of their potential to change the world and the way the world works. That said, my prediction is that we have two years before we can call the coin prices a bubble. I don't see a final bubble popping (normalizing) till the end of 2019, which will place values far above where they are now even after they drop from that height.

There are a lot of articles badmouthing and doubting bitcoin as it skyrockets. I wouldn't listen to them. At the same time, I would avoid putting ALL your money into bitcoin or cryptocurrencies. It is always wise to diversify, and in that diversification... make sure you have a variety of cryptocurrencies. Don't invest all in bitcoin, I am not sure it will be the final gold standard of cryptocurrency, but it could be. Get a little Bitcoin, some Ethereum, some Litecoin, some Ripple or IOTA, etc. (those are my preferences). Research and read people that seem to know what they are talking about, find the one you think is best and get some, then diversify.


Bitcoin had been slowly growing since its creation, as more and more people started to believe in and utilize it. In the draconic semester (eclipse cycle) build-up to "the Great American Eclipse" of August 2017 and dramatically afterwards bitcoin began to skyrocket. The success of cryptocurrency does not fair well for the 'present' state of the Federal Reserve or the US government who have manipulated the dollar to their benefit. Saturn is presently transiting the second house (Treasury) of the US chart bringing them challenges and the eclipse burned its way through the US and directly upon Trump, as I have spoken about previously, and based on this I believe that cryptocurrency will continue to rise while Trump is in office and will not normalize till the United States has a new President.

The new position that cryptocurrency holds in society and the financial market at that time will determine its long-term value (hence a normalizing of the value). Logically, as big business invests in these currencies, I don't see them leaving us. Instead it is more a matter of how they will transform as technology advances, hence the need to diversify as different currencies compete for name, usage and stable efficient and green technology.

[written 12 December 2017]