https://steemitimages.com/DQmT58nG1EfM1Zfg6rj3wyErKfDygZPXmDGmx9i35m6K9cH/dow.png

When Mr. Jim, a 71-year-old suburban shopkeeper who speaks almost only dialect, asked me " Barnard, so I'm Bitcoin? ", I realized that this story is really becoming dangerous, and 99% - which is not in this case the famous share of ordinary citizens against 1% of the Powerful, but it is the share of the fools who always fall into illusions 'financial - it will take your ass off like never before.

The giant American financial exchanges CME Group Inc . he began last night ( Sunday, nda ) to offer Futures contracts in Bitcoin, and this in effect has pushed this virtual currency, or cryptomoneta, into the 'good living room' of world finance. But stop, because Aunt Marta is not understanding. Ok, Marta play it cool.

What is Bitcoin? Marta, it's a coin - just imagine a coin not banknotes - that ... does not exist, literally. It is only a theoretical idea of ​​money, that is, on the Planet there is no Bitcoin that can be held in hand. Also all the state currencies we know, like dollar, euro, yen etc. today, the majority are electronic numbers that appear on current accounts, therefore impalpable, but they have behind the guarantee of MATERIAL value of States such as the USA and Japan, or groups of States such as the Eurozone. Bitcoin appears as a coin also made of electronic numbers, but behind it has nothing that really guarantees it . And this, Marta, involves a whole series of enormous problems, and very high risks. 

Then there is another difference to keep in mind: the normal currencies are issued continuously by State Authorities and without limits quantity ( if not self-imposed just to scrub us citizens, ed ); instead the Bitcoin is issued with bizarre rules by private 'consortia' and always inside computers. Marta, when you hear about Halving and Mining , it's really about stepping rules, that at the end of the fair will make sure that, before self-destruct in a few decades, the creators of Bitcoin will have issued a limited number and stop. But careful, dear Auntie, what matters is not how many Bitcoin 'fancy' coins are around, but how much each one is worth .

But then I'm incredible and galloping value of Bitcoin, where does it come from? Come, Aunt Marta, from a huge ' speculative bubble ' that works, and I'm not joking, so: one day someone decided that '1 kilo' of fried air called Bitcoin was worth 10 dollars, and some crazy decided that ok, he bought it that kilo of fried air for 10 dollars. Then another said " I offer 11 dollars ", but another still shouted " I $ 15! " And the one on his right pressed up with " I pay 17! ". At that point, someone saw the scene of a kilo of fried Bitcoin air growing in price and thought: " Oi! There something grows, I buy too!", And many, many others followed, and therefore increasing the value of each kilo of Bitcoin fried air. Aunt Marta, with this game we are finished that 1 kilo of fried Bitcoin today is worth about 20,000 dollars. In fact, it is called ' speculative bubble '. It would be funny, but it is reality.

So are you Futures contracts in Bitcoin what are they? Marta, a Futures contract means that the guy A and the guy B agree, for example, that the next 20 January 2018 guy A will sell 1 kilo of fried Bitcoin air to guy B for a price agreed but today December 18 2017 . Put the agreed priceis today 20,000 dollars, ok? It is clear that guy A bets on the fact that the Bitcoin on January 20, 2018 will be rated LESS (eg 18,000), so guy A will sell by collecting the 20,000 preset for a Bitcoin that at that point it will be worth only 18,000, and it will earn the difference. Tizio B bets the opposite, that on 20 January 2018 the Bitcoin will be worth MORE (eg 25.000), so B will buy from guy A for the preset 20.000 a Bitcoin worth 25.000, and it will earn the difference. That's all, this is basically a Futures contract . Marta, if you replace Bitcoin in this scheme with normal currencies, with gold, with steel, with grain, with oil, with sugar, with securities ... you have the normal Futures contracts .

Well, and the meaning of the move of this mega company CME Group Inc. in New York that started last night to offer Futures contracts in Bitcoin, what is it? Aunt Marta, here is just the worst news for ordinary citizens who ran to buy a kilo of fried Bitcoin air like crazy, raising its price as an atomic mushroom. See, so far Bitcoin stood at the edge of Big Finance's 'official parlor', so only two categories of guys got their hands on it: 1) The super-expert squals of 'pirate', 'shorting' or 'going long' finance ', of Derivatives, of stock or crypto exchanges, of commodities and of underlying assets, bla bla. In short, billionaire professionals. 2) Thousands of idiots who from the condominium imagine themselves to be JP Morgan and believe they are earning money as with the scratch & vinci, with Bitcoin stuff. But they do not understand a shit and they lose everything or almost.

But today, Marta, the move by CME Group Inc. that has started offering Futures contracts in Bitcoin, means that Bitcoin, PUR REALLY REALLY FRESH AIR, is dressed in respectability , is ... how to say ... guaranteed by the authority of the giants banks that will sort out those Futures contracts . And this for a specific reason: before the move by CME Group Inc., Bitcoin was actually traded by ether sharks on the markets of the wildest Exchange, ie totally devoid of rules and protections of the Monetary Authorities. In other words, who for bad luck sold Bitcoin but then the next day did not even find a penny in the bank, because the buyer was a 'computer pirate', he attacked the tram, his cocks, wild market without rules. But today ...

... with the MAKE-UP of dressing Bitcoin with the habit of Futures contracts , this non-existent currency can also be handled by the normal financial system, the one legally respectable. This is because the market for Futures contracts is fully REGULATED by the Authorities and the normal financial system by law can buy and sell coins only on regulated markets. Did you understand how they did it? But this brings the following misfortune to the 99% fool: it encourages them even more to run the race of the fried air Bitcoin, that is to return to shout " I buy buy! ... Also iooo, I buy buy!", So the price of the fried air swells, swells and maybe some chick once or twice will cash in, but overall the millions of fools will lose everything in the pockets of the sharks, and there are specific reasons. Here they are.

We have said that in the orgy of speculative enthusiasm, today then brought to the skies by the new official, the price of the Bitcoin rises like a firework fired in mid-August. But the air is fried, even with the official dress, always remains air, and then just a 'nothing' because the whole world sees that the King is naked born ... and everything gets stuck. An already pressing danger is this: the banking monsters of Wall Street are not stupid like the dupes of the condominium, and already eg. Goldman Sachs yesterday requested that some of his customers, before messing around with Bitcoins, put real money in real money, equal to 100% of the value of the bets they make with Futures contracts in Bitcoin. And what does this do? ...

... eh, rumors that the finance emperor Goldman Sachs mica then trusts so much of sti games with the fried Bitcoin air, and immediately hundreds of other sharks slow down the race, and as the race slows down the price of Bitcoin it starts to fall, or at least not to grow as before. And in fact Marta, in the 24 hours following the few and reserved words of Goldman - but look what happens - the Bitcoin went from 20,000 dollars to 18,500, ops! And Mr. Gino, who had one in his pocket and rejoiced at 20,000, saw 1,500 disappear.

Then worse: Bitcoin will also become a sort of raw material to be haggled as well as trading with oil or gold, ok. But ask Zia, can you pay all the taxes of the State, Regions, Municipalities, and taxes with, for example, gold? The answer is no. This is why the value of gold has never become stratospheric in modern times. If you want to pay taxes with your house gold, you first have to sell it to get the currency accepted by the state for taxes, and then pay them. But the sale always involves high risks of exchange, because today gold can be worth XX, but tomorrow it can fall to half past one, and you lose a lot in the exchange. So, imagine if the sovereign States of the Acquisor agree and all together one day they announce:

" We let you play Bitcoin fried air, but it WILL NEVER BE ACCEPTED BY US TO PAY TAXES. You will have to make do with exchanging it for traditional coins that we accept . " What happens? Simple: the market of real sharks, who understand very well what this means, loses confidence in the fried Bitcoin air, and sells it off, and when you sell off something, the price collapses. In the condominium, I miss even know what he got on him and their 2 Bitcon suddenly worth half, but the guys had paid them $ 20,000 each when there was the big party. Ooops!

And then there is the final blow. This is, Aunt, really too long to explain in detail, too technical. But I'm writing it this way: the tiger sharks of the mega Finance, just the Top monsters like the Hedge Fund Bridgewater or the usual Goldman Sachs, have always played dirty enough to make a cockroach living in the biological pit of a morgue vomit. What do they do often? They are spying on the ' speculative bubbles ' like that of Bitcoin, they present themselves to the public with encouraging interviews on the press in favor of the bubble, so even more investors or fools are rushed to buy. And when  the tiger sharks of the mega Finance  believe that the inflated price of the Bitcoin is high enough, they sell 3/4 and collect fortunes. But at that point they do? ...

... at that point they make tricks with the Derivatives for which the signal they send to the markets that observe them is exactly the opposite, that is, DISTRICT in the Bitcoin , and then it is the general panic. Everyone runs to sell! sell !, and then the price of Bitcoin falls like a boulder from the Matterhorn. But were they bastards what they had done long before and secretly? They had bought insurance against the collapse of the fried Bitcoin air , for which they collected TWICE: The first when they pumped the bubble and sold Bitcoin to their maximum value. The second when, thanks to their tricks, the Bitcoin collapses and they collect the insurance premiums.

And oplà, the great historical ride of yet another nonexistent fried air elevated by sharks and idiots of condominium to pure gold, ends up in the toilet of history especially for 99% of which at the beginning, of course. But the bang will also be felt in China, as audio. And China itself may even try to bring the price of cryptocurrency-air upward, but if the Potent of the West throw back in the face that with the Bitcoin you do not even pay the stamp of the scooter (least of all other taxes), the Chinese are also falling. And certainly at that point, those like CME Group Inc. (oh, what a coincidence!) Will lose interest in selling Futures contracts in Bitcoins, and will eliminate them from their wallets. Another blow at the bottom of the value. And so just worse than that ...

So, you who have understood with Aunt Marta, do this: SHUT UP with the dupes of the condominium, because those deserve only to 'shit the wick', but if one of them has a pregnant wife, then be good, pass this article.

And I repeat: BITCOIN DOES NOT EXIST. BE VERY CAREFUL