FIRST GENERATION COINS VS SECOND GENERATION COINS
I first wrote about BIT COIN and the rest last year. I predicted Coins would ratio rise to a bitcoin of 20,000 dollars then that would follow with an investor blood bath. Keep in mind with a model of fixed coins against a rising pyramid of buyers at the top when MOST BUYERS are fully IN – the switch to all sell with no buyers collapses the pyramid ( many call this a classic Ponzi economic model ) and investors die a cruel death as they have to date. Those that bought 200 dollar BIT coin are ok but they are few and far behind – most sold out.
So the cycle of low cost bit coins dies off to high priced floor pricing.
As a software Silicon Valley brat – I see first generation technology whether that is an IPHONE ( consider iPhone X ) or an iTunes – or iPod or ipdad – or far worse say WINDOWS ME anyone remember that as Gates Resigned ?
We had to reformat our hard drive several times a week until they released the replacement and WINDOWS ME dies a cruel death costing trillions in productivity. ME was evolutionary technology. The replacement was revolutionary thank you Bill Gates for the SUPER CHANGE quick fix only months after FATAL ME was released. What a sad day for Microsoft back in those early days. Anyone remember ME?
First Generation Technology is always a bitch.
Thats my mantra and I”m sticking to it.
First generation “COINS” are based on first generation math modeling for block chain. The system of validations is fatally flawed and will bow to NEXT GENERATION COINS.
I think block chain will become the way of trade – lower cost and instant and global and superior. I think it will elevate beyond hacking and will become safe. The crucial element. As first generation coin wealth has been hacked stolen and wiped out billions in wealth the first generation remains far from safe. It is a speculation. A casino bet. A new casino bet in economic play grounds. Play at the casino at your own great risk and peril.
In Vegas there is no risk-less risk.
In coins there is no risk-less risk in first generation.
In Vegas you win some you lose more – usually for most of the players.
In coins you win some and you lose more for most of the players.
Its a casino in the first generation. Don’t be fooled.
There is no value model that makes economic sense yet. Not in first generation. There is no there there on safety from hacking and theft ( yet ). The clearings are all new and evolving and hackers are smart and evolving right along side the new casino. Stealing from the casino has no insurance or protection. There is no regulation of this casino new industry – it is the wild wild wilder west – the new bucking horse mustang in town. Put your arms in the air and scream it out as you enjoy the ride of your life. Bet money you can put into a casino. Want to win the jackpot? We’ll see.
So we warned you last year. We were told how crazy and uninformed we were. We then were proved right and those who used our tools and tactics lost zero and those who did not are licking wounds right now with my Blogs often repeated mantra:
….I so wish I listened and followed the data …I so wish I could go back in time and protect my loss …..I so wish…I just so wish it …..
We can buy you books and send your to ( google ) but if you fail to graduate by action than you snooze you lose in Super Change.
Second Generation coins are coming to market but they are not here yet. Today we have 100% first generation math modeling – flawed economic GPS.
Blockchain is pure and good. The outcome of how to harness BlockChain for stability and exchange lowering costs for all humans is good and pure. How to engineer price points to the trading, modeling for the transaction velocity in real time, is a matter for the unfolding future in a new technology on the earth.
The hardware is evolving.
The software is evolving.
Second generation will be REVOLUTIONARY as under development by AIA designer Joshua Phair and others we advise. We see windows into SECOND GENERATION but those superior coins are all in development.
We imagine CRYPTO DOLLARS with basis to value that are missing today. We imagine dark web structural back bones that deconstruct resource calls, validity, and beyond hacking of any nature. A safe Cyrpto DOLLAR as new global currencies truly become revolution to existing modeling. Safe. A real store of value. Without unwanted volatility.
Lower cost transactional modeling.
Unlimited velocity capacity by re-tooling the core economics.
Index Cypto Dollars the world institutionally can and will trust.
We have both AIA coding and testing to get to the there there. There is in the coin first generation no THERE THERE. Wild frontier for your money on the coin casino tables. Gambling is fun. Exciting. A few win. Most lose. Play in the first generation coin casino at your own leisure and risk tolerance. I would not put serious money into the first generation coin markets.
First generation clearing is Childs structure compared to what is coming. We have velocity overwhelm. We have had volume break downs. We have had hacking and theft. We have had disintermediation. We have had unregulated everything to the evaporation of economic loss in untold billions from wealth having zero economic contribution to the world itself. A casino.
COIN CASINO – first generation.
If you think this first generation is anything but a casino play you fail to appreciate the underlining AIA and code setting up first use of block chain to the masses. Speculators with super money and AI in fully UNREGULATED MARKET SPACE are evolving alogrythems to profit from the casino individuals can not hope to equate to.
AI is taking over first generation casino COINS in global speculation to make money up and down in new range trading. As the foundational aspect of the new coin markets are evolving and no one has RIGHT DATA or ENOUGH DATA or ACCURATE DATA to model the antique first generation coin casino market space – the future is always toward obsolesce. As SECOND GENERATION blockchain evolves – and regulatory frame works come into play – think of 500 SEC SUBPOENAS issued in 2018 – in explorations to regulate – the casino and preclude or moderate greed and wealth loss without economic contribution – no wonder nations are elevating rule based modeling into the future.
Yes nations are exploring block chain for everything from high security emails ( a type of new coin ) to data blocks and files ( another coin ) to transactions between agencies ( another coin ) and general exchange – one waits.
We predict first generation leaders in coin will be like museum collector items in the future market place. Relics of the casino first generation coin age. Collector items.
We predict second generation clearing institutions will retire first generation clearing models for revolutionary solutions beyond the vision of current evolutionist to revolutionist like Joshua Phair and second generation tribes.
We see liabilities beyond loss. Increasingly criminal liability for casino abuse theft fraud and loss in rampant in first generation coins.
Said another way in pure economic speak – coins in first generation are not ready yet for main-street or your street.
If you like gambling have at it – but it calls to mind as others follow you thinking that first generation coins are something they are not – forgive them father for they know NOW what it is that they DO.
IS that YOU?
I talk at conferences to the smarty pants and walk away having seen it all – thinking – there goes some pretty savant idiot smarty pants right there….yes sire reeee – bobbie. Smarty Pants at work. Make a TEE SHIRT –
The tee shirt series will make more than first generation coins as Second Generation retires one market into the new.
RIP TIDES will occur as they do as new technology rises up that revolutionizes versus evolves first generation markets. We have seen it all before. Time and time again.
But there is no winning…with the smarty pants …I smile and tell them all …you got something …yep …you got something right there alrightie – as I walk away thinking of new TEE SHIRT designs. Yes sir reee bobbie.
Regulators have their hands full. As they try and grabble with global new G 100 regulatory frame works for the first generation casino – as they come to market with regulatory first generation frame works – SUPER CHANGE makes all that work obsolete as SECOND GENERATION structures come to market.
Joshua Phair’s team seeks to work with SEC and NSA regulatory planners to construct global values the market can trust. Now that leaves behind in the buss the first generation smarty pants. There probably is a regulatory tee shirt right there – yes sir see bobbie.
But what do I know as an old man retired investment banker economist who calls it as I see it – at age 70 – and put it out from my team work to your dream work for consideration is all. Ok I’m award winning in programing. OK I do have a massive amount of code in Global Patents issued in all nations. OK I did write custom investment banking software that led the entire world. OK I had the first talking hand held device before MAC said HELLO. There is always that.
OK I’ve done my best to track research and monitor first generation coin modeling only to see all the first GENERATION TECHOLOGY disease without a cure. Leave it to second generation to BE THE CURE.
So My advice.
But hey I said that last year and readers lost so much money caught up in what? The GREED SEEEDS? How did all that greed work out for you?
Unless your a gambler. Than play your best odds and good luck to you.
I predict the casino will die a predictable death economically.
A more level playing field WILL develop from BLOCK CHAIN genius taking place world wide at a warp drive SUPER CHANGE pace.
WAIT FOR IT.
Berny Dohrmann – ON COIN CASINO – SO NOW YOU KNOW
MILLION DOLLAR BIT COIN?
I predicted the PONZI fraud and total super bubble of BIT COIN – leading all other asset class bubbles today – in a casino global capitalism the world has never before known – made possible by leverage and digital trading of assets – is a fairy tale.
No one believes in happy endings and many fairy tales do not have happy endings.
The Brothers Grimm where TULIP BULB the first SUPER BUBBLE wealth wipe out – in the 1600’s took place – before digital anything – is one example of fairy tales without happy endings.
I predicted months ago BIT COIN would rise to $ 1,000,000.
I predicted more wealth would be wiped out by this SUPER BUBBLE than all other prior single super bubbles.
I also predicted all wealth would be substantially deleverage and deflated as the CASINO CAPITALISM destroys world war II box top rules for global order and economics. A NEW GLOBAL REGULATORY FRAME WORK MUST BE WORKED OUT and if nations failed to cooperate and compete the results is financial super crash and world war. This outcome is avoided if NATIONS COOPERATE with TRUST versus compete with DISTRUST AND NEGOTIATION fostering ever greater system distortions from casino manipulations by un regulated super money pools in a ten year digital world market that the world never had to regulate before. Laws are local trades are in the cloud.
LAWS ARE ALL LOCAL ALL TRADES ARE IN THE CLOUD
As all laws are local and all trades are outside regulatory frame works of 70 years ago – the casino is unregulated globally. Mindless greed and unsocial unconscious profit and greed drivers propel the casino to economic distortions no prior collapse or depression ever knew. This distortion of global economics is the root cause of all world wars.
One would think great minds would understand these causes and cooperate versus compete to prevent a global world war.
Nobel Nominee Mikal Gorbachev wrote all G 100 world leaders begging them to stop their mindless MARCH INTO WORLD WAR and believe me he knows. Did they listen. No way.
We have been defining competition is the cause of world wars.
Competition as a thought form is an expression of pure human insanity as an impulse thought. Evil is competition. In every form in home space and work space and political space.
Cooperation is the virus free brain working on higher levels of thinking.
Competition free thinking.
Cooperation leads to a new COOPERATIVE CAPITALISM with its upgraded global box top rules.
Competition leads to utter economic collapse and world war.
Why would we proceed into insanity?
Well forgive them for they know NOT what it IS that they DO.
If you wish to join a virus free global community of thinkers get this Holiday for your circle the present of my global leader book – REDEMPTION the COOPERATION REVOLUTION. Buy one for your head of state and gift wrap it and send it to him from you.
You then become a leader of the COOPERATION MOVEMENT we at CEO SPACE foster in 140 nations.
So do your thing with BIT COIN but in the end don’t get caught in the musical chairs as 1,000,000 bit coins crash to 50 cents.
Many are called but you are chosen to read these words.
Berny Dohrmann – ILLUMINATING THE CHOSEN ONES
PS: Our age is divided. Remain with the insanity and competition communities or drop out and drop into SANITY and the cooperation communities …the choice is always your own.
TODAY WAS BIT BOING DAY
A lot of experts including Nobel economists warned about Bitcoin todays. Why?
As an economist investment banker I bow to Jamie Diamond warning 100’s of millions of loses to come from a pure PONZI model economically. So lets review.
Bitcoin is a block chain clearing technology that allows individuals or insitutiitions to place cash of any currency into a cryptocurrency private account and buy and sell goods or services where the vendor also accepts bitcoin. As many are.
Now think of an upside down pyramid. You have that in your mind?
At the beginning there are the early adopters. They put in modest cash to play with Bitcoin. Bitcoin is a math model – an algorithm that is constructed based on price setting that is automated – and driven by supply and demand. As supply is actually unlimited there is no supply reality and demand is as early year FADS do – turned unto a frenzy. We had this with hard assets and metals in the inflation years. I know because I sold 50 million dollars of Diamonds a MONTH until the Diamond price which COULD NEVER GO DOWN – crashed. Thats a long story.
All assets go up and they go down. In all asset classes. No asset classes goes up and then up and then up and then never corrects. None. Ever. Since say Newton was hit by an apple. But hey thats another long story.
So the upside down pyramid.
Bitcoin is 150.00 bucks. Just a finger snap ago. Demand was tepid with early adopters.
As the market fad became a cattle stampede and everyone wanted in from sovereign wealth funds to institutions – the speculators took over. Software began to program the rope. The profit and loss calls and protections all the way up ( long ) and all the way down ( short ). So now the illegal is fully legal where the markets to speculate on WHICH WAY BITCOIN will GO is larger than the BITCOIN MARKET as speculators also by the coin along the rope path of the PONZI. Volatility is how they make money.
As the pyramid the IS UPSIDE DOWN ( as it economically is graphically in all Ponzi economics ) has every greater buyer volume as the STAMPEDE heats up and bitcoin rises from 150.00 to 1500 dollars to 2500 hundred dollars to 3500 hundred dollars to 5700 dollars where it is at this moment in the pyramid – folks rush in to what? Think this is a store of value? Based on say WHAT model?
Based on what value?
The first generation BITCOIN is based on formula models of supply demand with economic algorithms that are pure Ponzi scheme – an utter horror for economics which is why everyone today says DUCK FOLKS DUCK. DUCK DUCK DUCK.
These fads have cost billions for folks in the past from Holland’s Tulip Ponzi to metals to bit boing.
So as the top of the pyramid is reached the demand at the all time peak – the crest – falls as buyers now are saturated to that market space. That day will approach in ON LINE LAND very fast in time.
What I try to explain to my readers is this logic for you to grasp:
- We moved in 10 short years from paper rule based markets to digital no rule based markets.
- We moved where Mount Everest of Cash trades on WHICH WAY any asset class will go in the future versus buying as stake holders into economic reality. It is all speculation now. A speed bump at your teller window is the real economy say 3 trillion and 440 trillion driven by 50 to 1 borrowing to invest in SPECULATIONS is the casino capitalism we have established going where no economy has ever gone before ( pure digital global ) without regulation and rules with one chaps software playing against another every pool for themselves.
- This can only end badly.
- Enter BIT COIN to the casino. With its upside down pyramid where the value of the asset in months moves from 150 dollars to 6000 dollars and YOU THINK WHAT? There is a store of real value in such speculative feature.
- What happens in the CASINO of untested ever evolving entirely new unproven untested software – ( like SUBPRIME showed us ten years back ) when the world thinking the software has created RISK LESS RISK ( there is no regulation folks and there is no one watching and there is no oversight first time ever and there is no economic RISK LESS RISK EVER ). – when – the market flips to all sell and no buyers? Well the price crashes. For everything. the problem is today the PRICE SUPER CRASHES FOR EVERYTHING. Digitally in the casino this happens in 72 minutes ( new history ) as we are moving at warp speed with no way to know if we come out of warp inside a SUN. Burning up.
SO – it is all new now. Fed by central bank failed policy – a pure experiment to save the system that was imploding deflating deleveraging the first CASINO DIGITAL CRASH GLOBALLY in 2007. The entire system almost went down. Why?
First the system was attacked by software from the sovereign nations of the axis of evil in asymmetrical warfare – that made them over 1 trillion cash and was entirely successful. We lost that battle. Not the war but the battle. The first digital warfare to destroy state economics. Which is what war is all about rebalancing assets to the winner.
Second the digital market only survived because nations cooperated for a bit of time versus competed to regulate globally. Then they stopped and went back to competition and the casino capitalism rose to unimagined speculations and leverage using FREE CENTRAL BANK MONEY to take trillions and borrow to manipulate all asset classes inside the casino with 100’s of trillions which is being done by software with BITCOIN now.
As capital suckers into to BITCOIN it fails to see the risk.
The risk falls in two areas.
- There is no economic store of value due to first generation BITCOIN is flawed economic modeling with a Ponzi model for setting price and value.
- Speculators are exploiting this model flaw to their great advantage when BITCOIN Super Crashes which all the economists are predicting.
The second generations of bit dollars will come out in 2018 and I believe will be store of value by modeling. I am consulting in this space and see such higher sets of rule based modeling to protect the stake holder in the second generation which itself will destroy the first generation. Where is MYSPACE today?
So when the casino switches to all sell orders this occurs:
- There are no safety nets in the new leveraged casino
- There are no regulatory oversights or rule basis
- The rules are local to nations the action is unregulated in the cloud and digital
- Super Crash creates debt margin calls and the casino folks can not pay the margin calls.
- Liquidity evaporates there are zero buyers only sellers – all are trapped in crashing asset classes with no way to GET OUT as their wealth is DESTROYED hour by hour day by day week by week and no fix exists in the new frontier where no economy has gone before.
Every one thinks – surely – THEY are watching over the system.
Folks THEY is now the G 100 and they don’t talk let alone create a NEW FRESH RE-GULATORY frame work the largest RE-THINK Of global digital regulations in human history with AI rising.
Nope. It is every nation for themselves. But it is worse.
Folks consider these points of data:
- The rule makers do not understand the SUPER CHANGE to the markets from paper over centuries to digital and the leverage and they just do not GET IT. The change is happening to fast for them to keep up.
- The rules are local to a nation UK Japan USA and the trades go around nations digitally and no longer care about rules. Wells Fargo makes billions and pays a 3 million dollar fine? Crime pays today in the casino. The abuse of the system is so leveraged – 50 to 1 – that this HOUSE OF CARDS is simply not a movie. It must rebalance and when it does new unforeseen consequences will take place.
- Liquidity in the CASINO will vaporize.
- Wealth will deflate.
- The Global Depression will create a world war as billions starve to death via a failed system model that CASINO CAPITALISM that happened so fast and no one understood well enough to RE-REGULATE.
This blog if your a die hard and scroll a lot has outlined full solutions in step by step format for nations. Remember no one understands.
The WORLD BANK.
Congress in the USA.
In the UE.
Every nation is in the casino for themselves right now.
Competition economics leads to super crash.
Cooperation leads to prosperity and rule based economic – which the world has not had now for ten years.
CASINO CAPITALISM is risk at a level the world has never known before.
As with all SUPER RISK the rush to get into SUPER HIGH RISK MARKETS is greatest right before the final super crash – which is historic.
Make no mistake.
The CASINO CAPITALISM IS:
- Never experienced before with no historic guidance on what is next
- Driven by Free Money policies of Central Banks. An uncontrolled experiment created by ten years of AI soft – digital go arounds to all laws and rule based economics – that is today a spiral software war where more wealth is controlled by less than 10,000 super money pools than
all the national wealth combined into one. The nations have lost control of the Casino. The speculation without any rule based economic modeling is software driven – evolving out of any control of nation or law – and is spiraling into greed one software against the other – in the most dangerous LIQUIDITY SYSTEM MARKET CONTAGION of all economic history side Rome.
This is not understood by nations economist and law makers. The majority of economists are paid by the CASINO to defend their existing evolving models of risk less risk. The Rest are engaging charts and data from their university education now antique to the digital dead of SUPER CHANGE. They simply do not understand what has changed. That the 2300 Dow will become a 1,000,000 DOW as Warren Buffet Said recently is their defense. . Long forgotten is Warrens warnings of ECONOMIC WEAPONS OF MASS DESTRUCTION he and all Class warfare Super Money Pools now invest into with their own software. The Software is blinding economists to the LIQUDITY CONTAGION RISK that Digital Casino Capitalism has forged. All distortions of economics especially imbalances in SUPER DEBT BUBBLES must rebalance.
As the scale of DEBT SUPER BUBBLE is greater than any economy that is rule based has historically ever had to support and there are no rules in global CASINO CAPITALISM the break down of the entire system, as the IMF and WORLD BANK keep telling us -as does my blog – is here – is Spring 2018 or sometime soon and we may not even get through October yet. Lets see.
If we get through October the Holiday buying Season the largest EVER will drive prices and earnings with a possible TAX REFORM in the USA to 26000 DOW or HIGHER before it settles back to 6400 dow. The SUPER CRASH GLOBAL REBALANCING TO THE DEBT SUPER BUBBLE will end the casino alert law makers as to what is really going on and foster we hope a global re-think of regulations for the digital market space.
A new world order is required and it takes the G 100 working together to engineer a new rule based systemic secure prosperous system fostering FULL PARTNERSHIP for all nations. Can we do better than this mess we defaulted into by technology in only ten years.
It has happened to fast for rule makers to get their arms around the horses being let out of the barn and GREED is driving the CASINO and 150 dollar bit Coin to 10,000. As you race off the cliff remember one pure truth on economics.
THERE IS “NO STORE OF VALUE IN TODAYS CASINO”.
Do remember this economist investment banker alerted you all to that truth.
Berny Dohrmann on BIT BOING which I’d sell out of not buy into but hey – enjoy the ride