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The Armed Citizen® | Delaware

America's First Freedom - Sun, 12/10/2017 - 21:00
For Delawareans, liberty and independence aren’t just words on a flag.

Bitcoin Futures Begin Trading – Let The Madness Commence!

The Economic Collapse Blog - Sun, 12/10/2017 - 19:25

One of the things that I love about Bitcoin is that the fun never seems to end.  On Sunday, Bitcoin futures began trading on the Chicago Board Options Exchange for the first time ever, and within minutes the CBOE’s website crashed.  What a perfect metaphor.  Bitcoin and other cryptocurrencies are completely and utterly disrupting the global financial system, and the financial establishment is still groping for a cohesive response to this growing phenomenon.

For a long time the financial establishment seemed to think that if they just kept publicly trashing Bitcoin and other cryptocurrencies that they would eventually just go away.  In fact, earlier today I came across a story that talked about how Deutsche Bank is warning of a “Bitcoin crash” in 2018.  But what they don’t realize is that we have reached a tipping point, and the world will never go back to the way it was before.

And even though other global financial institutions are dragging their feet, an enormous threshold was crossed when Bitcoin futures were launched on the Chicago Board Options Exchange just a few hours ago

On Sunday, the Cboe will finally launch its long-awaited bitcoin futures contract; the CME Group will launch its futures contract later this month.

This will surely add a new element to bitcoin, shifting it from a buy-side-only trade to introducing the ability to go long — or short. This should bring new, larger and institutional participants into the market.

This move will also make it more tempting for large institutions to try to manipulate the price of Bitcoin, and that is always a dangerous thing.

But overall this is being hailed as a great thing for Bitcoin, and many believe that the wild ride that Bitcoin has been on in recent weeks has been because of this upcoming futures launch.  The following comes from CNBC

The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss.

“The pretty sharp rise we have seen in bitcoin in just the last couple of weeks has probably been driven by optimism ahead of the futures launch,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin.

As I write this, the price of Bitcoin is sitting at $16,487.99, which is much higher than it was just a couple days ago.  At one point it had dipped below $14,000, but it has bounced back nicely.

And this could be just the beginning for Bitcoin futures.  According to CNN, Bitcoin futures will soon begin trading on a couple of additional exchanges as well…

There’s more to come. Bitcoin futures will also begin trading on the Chicago Mercantile Exchange on December 17-18, while the Nasdaq will debut the options sometime next year.

Many of us that didn’t get into Bitcoin when it was first emerging are still kicking ourselves.  But one individual who did, but later abandoned his efforts, has more than 80 million dollars sitting in a landfill somewhere.  The story of a British man named James Howells was recently featured by Gizmodo

Through his computational labors, he amassed around 7,500 bitcoin before his girlfriend, fed up with the noise of block-mining hardware, made him stop. No great loss—the Silk Road was two years away and bitcoin was worth next to nothing.

Most of the equipment he was using was sold for scrap after he spilled lemonade on it, and the hard drive containing the key to his digital wallet sat in a drawer for three years before passing into its final resting place: the trash.

Near the tail end of 2013, Howells took stock of the crypto markets and began to regret his hasty cleaning decisions. At that time bitcoin’s market cap was beginning to climb, and his 7,500 lost coins were worth a few million. Four years later and he still—understandably—hasn’t let it go. One bitcoin is currently valued at $11,500, making the small fortune Howells sent to a landfill a considerably larger fortune of over $80 million.

Could you imagine being in his shoes?

That hard drive would almost certainly be virtually impossible to find at this point, but I am sure that he thinks about his lost fortune all the time.

But this is the great thing about Bitcoin.  Fortunes are being won and lost outside of the control of the global central banking system, and this has got to be driving the central bankers absolutely bonkers.  I have always believed that there would be a massive crackdown on cryptocurrencies someday, and this is something that Adam Taggart recently discussed with a digital currency expert

We talked about the central banking cartel’s longstanding monopoly of the money supply and its historic ruthlessness for squashing all competition. He agreed that the central banks would like nothing more than to replace the current cryptos as well as all paper fiat currencies with digital sovereign versions. And he predicts they will likely try to do exactly this. How successful will they be? Uncertain. He can certainly foresee a time when they ban ownership of Bitcoin and its brethren, criminalize transacting with them, and shut down the exchanges. Though while the cartel may be able to seriously curtail Bitcoin et al, he doesn’t see it succeeding in driving them to extinction for several reasons. One he offered that I hadn’t heard before (but have since verified) is that private investors have put a network of satellites up in space dedicated to making it possible to transact in Bitcoin anywhere on Earth even if the terrestrial networks are taken down by the authorities or natural disaster.

I agree that it is quite likely that global central banks will eventually come out with their own digital currencies using blockchain technology.  At that point it is entirely possible that they could try to ban the use of Bitcoin and other independent cryptocurrencies, and we must not allow them to do this.

The use of Bitcoin and other cryptocurrencies is one way that humanity can express independence from the global debt-based system that is systematically enslaving all of us, and so I greatly applaud the entrepreneurs that are working so hard to make these new digital currencies viable.

But the battle over currencies is just in the early chapters, and some huge twists and turns are ahead.  We don’t know exactly how everything is going to play out, but it is definitely going to be a wild ride.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

“We’re Hoarding The Coins” Top Crypto Mining Executive Explains Why They Won’t Sell

The Daily Sheeple - Sun, 12/10/2017 - 18:48

If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors has been Bitcoin, which has seen an increase of over 1,600% in 2017. And according to Frank Holmes, there is much more to come.

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Top Crypto Mining Executive Explains Why “We’re Hoarding The Coins”

SHTFplan.com - Sun, 12/10/2017 - 18:28

If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors has been Bitcoin, which has seen an increase of over 1,600% in 2017. And according to Frank Holmes, there is much more to come.

In an interview with SGT Report, Holmes, the Chairman of Hive Blockchain Technologies, the world’s only publicly traded blockchain mining company explains that, while roughly 78% of the available 21 million Bitcoins, or about 16.4 million, have been mined up to this point, there are probably only about 10 million coins in actual circulation around the world because somewhere on the order of 25% have been lost forever due to misplaced wallet access keys and other issues. Moreover, of those 10 million or so available coins, it has been widely reported that about 1000 “whales,” or high net worth investors, own some 40% of the coins, creating a scarcity in the market that has left millions of global investors chasing a limited supply of BTC.

Holmes suggests that this limited availability works to the advantage of cryptocurrency miners who use expensive computer hardware mining rigs to process transactions on the blockchain, because with so much investment capital moving into the space they can hoard the coins they mine and sell into the market during price spikes while loading up on more coins when markets dip. Hive currently mines Ethereum, Ethereum Classic, Bitcoin and will soon move into Litecoin and other popular cryptocurrencies using the same strategy:

We’re hoarding the coins… we mine virgin coins and in fact we are getting offered premiums for our coins because they’ve never been tainted. 

We never buy the coins… anytime it has a huge surge we will sell one, two or three percent… and as soon as it corrects we just mine more and replenish ourselves… We want to wait until we get at least 20,000 coins and then we can turn around and use our quant models, so we’re doing things very unique…


(Watch this interview at Youtube)

Most crypto currencies have a maximum supply of coins that can ever be mined. As Bitcoin demonstrates, a percentage of those already-mined coins will be lost. Another percentage will be locked up by high net worth and long-term investors. These mechanics create a situation where, perhaps only a little over half of the actual listed circulation of coins is actually circulating.

With this being the case it’s not difficult to see why, as tens of billions of dollars, and perhaps even trillions as has been suggested by investment gurus, continue to pile into these assets, prices for top tier crypto currencies could continue to rise exponentially in coming months and years.

You can learn more about Frank Holmes at Hive Blockchain Technologies

For more interviews like this one visit SGTreport.com

Liberte Austin’s Hunting Digest

The Truth About Guns - Sun, 12/10/2017 - 18:00

Woah, that’s a lot of boots, belts and handbags. Husbands, get your wife a 17-foot python for Christmas. It’s the gift that keeps giving . . . Snake hunter catches 17-foot python in Florida Everglades A monster Burmese python has been captured by a snake hunter in the Florida Everglades. The female snake caught Friday at […]

The post Liberte Austin’s Hunting Digest appeared first on The Truth About Guns.

Women Are Better Off Buying A Small Gun for Concealed Carry: Guns for Beginners

The Truth About Guns - Sun, 12/10/2017 - 16:00

Small handguns suck. There’s less mass to soak-up recoil. There’s less surface area for a secure grip. They tend to shoot smaller bullets, which create smaller wound channels, delivering less [potential] “stopping power.” In short, no. Don’t choose a small gun for everyday carry. Unless you’re a woman . . . It would be great […]

The post Women Are Better Off Buying A Small Gun for Concealed Carry: Guns for Beginners appeared first on The Truth About Guns.

Hunting Challenge: Texas Hogs With A Handgun

The Truth About Guns - Sun, 12/10/2017 - 14:00

By David Parrish If you’ve ever sat around a campfire telling hunting stories, the subject of Texas hogs has probably come up. You’ve no doubt heard tell of both the fantastic and the failures involved in seeking and destroying these fast-moving, land-ravaging beasts. Being quick and elusive, it’s usually only when the setting is just […]

The post Hunting Challenge: Texas Hogs With A Handgun appeared first on The Truth About Guns.

Trump Weighs Private Spy Network To Counter Deep State: “It Is A Direct-Action Arm… Totally Off The Books”

SHTFplan.com - Sun, 12/10/2017 - 13:20

trump-deep-state1

The Deep State surveillance network, powered by technology developed by NSA whistleblower Edward Snowden, is in full effect. Over the last several weeks we’ve learned that not only did the Obama White House deploy a vast spy net over anyone within President Donald Trump’s political and business orbit while he was still a candidate for office, but that they were actively monitoring other organizations and individuals such as Blackwater founder Eric Prince.

Now, according to David Knight of Infowars, the President is turning the tables and is reportedly considering hiring private spies to counter the Deep State’s attacks on his Presidency.

Via The Intercept:

The sources say the plans have been pitched to the White House as a means of countering “deep state” enemies in the intelligence community seeking to undermine Donald Trump’s presidency.

“Pompeo can’t trust the CIA bureaucracy, so we need to create this thing that reports just directly to him,” said a former senior U.S. intelligence official with firsthand knowledge of the proposals, in describing White House discussions. “It is a direct-action arm, totally off the books,” this person said, meaning the intelligence collected would not be shared with the rest of the CIA or the larger intelligence community. “The whole point is this is supposed to report to the president and Pompeo directly.”

In an interview with Owen Shoyer, Dr. Steve Pieczenik explains how such direct action may work:

I think it’s an interesting idea… the Deep State probably entails 16 to 18 intelligence networks… Most of the spy business is too fragmented and having the DNI (Director Of National Intelligence) created over all of them makes it even more of a problem… I think we’re over-manned and under-staffed intellectually… I don’t think most of our spies are really trained very well…

Everyday Carry Pocket Dump of the Day – Will Duncan

The Truth About Guns - Sun, 12/10/2017 - 12:00

Will’s SIG-ish Arex REX Zero-1 pistol is an impressive EDC gun at about 60% of the price of a P229/P229. See what else Will’s chosen for his daily carry gear at Everday Carry . . .

The post Everyday Carry Pocket Dump of the Day – Will Duncan appeared first on The Truth About Guns.

On the Gary Nolan Show to discuss the Concealed Handgun Reciprocity Bill before Congress

John Lott - Sun, 12/10/2017 - 12:00
Dr. John Lott talked to Gary Nolan, which is carried on radio stations throughout Missouri, about the reciprocity bill that passed the House this past Wednesday.

(Friday, December 8, 2017, from 12:35 to 12:50 PM)
 

Video: College Republicans kicked out of on-campus coffee shop for wearing ‘MAGA’ hats

The Blaze - Sun, 12/10/2017 - 11:35

Two students were kicked out of a coffee shop at Fordham University last week for violating a “safe space” with their “Make America Great Again” hats.

What happened?

Video uploaded by Campus Reform shows a coffee shop manager screaming at two patrons telling them they have five minutes to leave the shop.

“Five minutes, five minutes, get out — five minutes,” the manger told the students with the “MAGA” hats. According to Campus Reform, both students are members of Fordham’s College Republicans club.

“You have no right to do any of this,” one of the students replied. The manager argued that she did in order to “protect” her customers.

“I don’t want people like you supporting this club…no one here wants people like you supporting our club. I am giving you five minutes,” she said. You are threatening the integrity of our club. This is a community standard — you are wearing hats that completely violate safe space policy.”

The manager said the hats — and President Donald Trump — represent fascism and Nazism. But when the students refuted that, she simply told them “three minutes.”

Watch the tense exchange:

More details:

The coffee shop — Rodrigue’s Coffee House — is a student-run organization on campus, according to Campus Reform. The club has adopted a safe space policy and is intent on enforcing it.

During the exchange with the “MAGA” hat students, the manager handed them the policy. It reads:

Rodrigue’s strives to be a safer space on Fordham’s campus. For these reasons, consider the following:

Do not make assumptions about someone’s gender, sexuality, race, class, or experiences. Be aware of your own identity, while being considerate of the personhood of your peers. Be mindful of the ways in which your words and actions impact others. Be aware of the boundaries of other’s space, physical or otherwise, and respect their consent. No racism – No sexism – No homophobia.

If you feel that someone has transgressed this policy, we want you to feel comfortable confronting them or approaching a member behind the counter, who is available as a resource to assist you.

Media Bias Fact Check misinformed rating of the CPRC

John Lott - Sun, 12/10/2017 - 10:41

If people think that this evaluation of the work done by the Crime Prevention Research Center is inaccurate, I hope that they will go to the Media Bias Fact Check and vote accordingly.  Thank you.

Question of the Day: Are Gun Control Advocates Insane?

The Truth About Guns - Sun, 12/10/2017 - 10:00

There’s been a lot of talk about guns in Milwaukee, after a photo of three sewer workers openly packing heat on the job went viral (above). Make that former sewer workers . . . American Sewer Services, the subcontractor doing the dirty work for the city, fired two of the men and suspended the third for […]

The post Question of the Day: Are Gun Control Advocates Insane? appeared first on The Truth About Guns.

Chelsea Handler mocks Sarah Sanders’ appearance, says she ‘deserves it’ for being ‘pure evil’

The Blaze - Sun, 12/10/2017 - 09:14

Avowed liberal feminist and comedian Chelsea Handler has once again come under fire this weekend for attacking White House press secretary Sarah Huckabee Sanders.

What did she do now?

For the latest episode of Handler’s show on Netflix, she had an actress impersonate Sanders for a nearly four-minute “makeup tutorial.” In the video, the actress impersonating Sanders mocks the press secretary’s appearance, weight, job, intelligence, politics, family — well, just about everything that makes Sanders who she is.

It wasn’t the first time last week that Handler mocked Sander’s appearance. In fact, in the episode of Handler’s show that aired before Friday’s, Handler said of Sanders: “I mean, one day she has no makeup on at all, the next she has six foot long eyelashes, she’s got cleavage and summer whore lipstick all over her face. Can you believe what they turned her into? A proper trollop.”

Sander’s father, former Arkansas Gov. Mike Huckabee, didn’t take to kindly to the comments and called Handler “a very angry and bitter person.”

How did people react to this latest insult?

The top reply to Handler’s video summed up how most people felt about the segment — that Handler is a hypocrite.

Handler defended herself by calling Sanders “pure evil” and said the press secretary “deserves to be taken down.”

Trump Economy Breaks Two Records the Left Won’t Want to Talk About

FixThisNation - Sun, 12/10/2017 - 09:06

If you’ll think back to the 2016 election, you’ll remember that the lefty media had many common refrains about the ascendant Donald Trump. One was that he was issuing false promises about his ability to resurrect the U.S. manufacturing sector. Another was that he was steering the Republican Party into the realm of the obsolete by turning off Hispanic conservatives.

The dominance of these two themes may be why Trump’s liberal critics will not want to talk much about two huge economy stories that broke last week.

The first: Hispanic unemployment just hit its lower rate in the history of the United States.

That’s right, the guy who was supposedly burying the GOP with his refusal to accept that illegal immigration was a problem the U.S. was simply stuck with has turned things around dramatically for Hispanic workers in this country. According to new Labor Department statistics, the Hispanic unemployment rate fell to 4.7% last month, down a notch from its 4.8% rate in October. That brings the rate to its lowest point since the department began breaking unemployment data down by race and ethnicity in 1973. The lowest rate, AT LEAST, in 44 years. And Hispanics have, at least partially, Donald J. Trump to thank for it.

“This administration and @realDonaldTrump are working hard to create opportunities for all Americans,” said Ivanka Trump in a tweet highlighting the astounding figure. “…and we are just getting started!”

The second: Unemployment in the manufacturing sector is down to its lowest point since at least January of 2000.

Despite all of the naysayers who said there would be no resurgence of the old American manufacturing industry, Trump has proven that liberal economists won’t have the final say about that. The unemployment rate for the manufacturing industry ticked up in the last year of Obama’s pathetic reign, but now it is falling like never before. Positive employment in the sector has grown 1.5% in 2017. This, combined with a stock market surge that is unprecedented in the 21st century, and we’re looking at an economy that could be headed for record heights across the board.

Oh, but this is a failed presidency, remember?

We don’t blame leftists for doing their best to ignore these figures, because they are at diametric odds with the narrative they’re spinning about the Trump presidency. As far as they’re concerned, this is a Russian traitor who is on his way to becoming the first U.S. dictator. He’s going to round up all Hispanics and put them in detention camps and he’s going to laugh in the face of the hardworking, salt-of-the-earth manufacturing workers who pinned their hoped on him last November.

In the face of that narrative, news like this just doesn’t play very well. Better to talk about phantom, fake stories like how much Diet Coke the president is drinking or how he’s supporting a “pedophile” in Alabama. You start talking hard facts, and suddenly the idea that Trump is making America great again…well, it sounds less like a campaign slogan and more like the plain, unvarnished truth.

Gun Review: B&T TP9 Pistol

The Truth About Guns - Sun, 12/10/2017 - 08:00

The B&T TP9 started life back in 1989 as the select fire Steyr TMP (tactical machine pistol). Neutered semi-auto versions were later imported to the US as the Steyr SPP (special purpose pistol). Exactly what the “special purpose” is remains a mystery to this day. Steyr only produced the SPP between 1992 and 2001 at […]

The post Gun Review: B&T TP9 Pistol appeared first on The Truth About Guns.

Report: The State Department still won’t recognize Jerusalem as a place that exists

The Blaze - Sun, 12/10/2017 - 07:45

Despite President Donald Trump’s formal declaration that the United States recognizes Jerusalem as Israel’s capital, the U.S. will still not recognize Jerusalem on official documents, maps and passports.

Wait, what’s going on?

According to the Washington Free Beacon, for the time being, the State Department still won’t recognize “Jerusalem, Israel” as a place that actually exists.

The State Department last week acknowledged at press conferences that Trump had declared Jerusalem the capital of Israel, but when asked if the U.S. government will officially recognize Jerusalem as a place that exists within Israel, officials refused to acknowledge the holy city.

State Department officials told the Free Beacon the U.S. government, because of Trump’s declaration, “recognizes Jerusalem as the capital of Israel and its seat of government.” However, “the specific boundaries of Israeli sovereignty in Jerusalem are subject to final status negotiations,” the official said.

The position of Jerusalem in Israel is up for debate because of Palestinian-Israeli negotiations and the U.S. government doesn’t want to trample over that, the official said.

“While we are affirming the current and historic reality of Jerusalem’s role as Israel’s capital and seat of government, any ultimate determination of sovereignty over Jerusalem will flow from the results of negotiations between the parties,” he told the Free Beacon.

What is the reaction to the position?

The State Department’s position has already drawn outrage on Capitol Hill, mostly among pro-Israel congressmen.

Rep. Ron DeSantis (R-Fla.) told the Free Beacon the Constitution gives the president the power to make foreign policy, not the State Department. He also slammed the “entrenched bureaucracy.”

“The president is the commander-in-chief and America’s sole organ when it comes to conducting foreign policy. Article II of the Constitution does not vest this authority in bureaucrats in the State Department,” he told the Free Beacon.

“The State Department must permit Americans born in Jerusalem to list ‘Jerusalem, Israel’ on their passports and must follow the logical implications of this historic recognition in other policy areas,” he added. “President Trump’s decision to recognize Jerusalem as Israel’s capital was the right thing to do and enjoys broad support from the American people; an entrenched bureaucracy has no right to stymie this decision.”

Watch: This rendition of the national anthem at the Army-Navy game will give you goosebumps

The Blaze - Sun, 12/10/2017 - 06:24

The annual Army-Navy football game, a tradition that began in 1890, was played at a snowy Lincoln Financial Field in Philadelphia on Saturday. Video of the pre-game festivities has gone viral for all the right reasons.

The national anthem at football games has been a huge topic of controversy this year because of the ongoing protest in the NFL. But on Saturday, choirs from the Naval Academy and West Point came together to jointly sing the national anthem, and you can bet not a single person was kneeling in the stadium.

Not only was the rendition stunning, but the falling snow made the moment even more breathtaking.

The Army went on to win the game in a nail-biting finish, 14-13, solidifying a two-year winning streak. Previously, the Navy had won the game for 15 years straight.

Don’t Mess With An Old Man…Or Woman: Quote of the Day

The Truth About Guns - Sun, 12/10/2017 - 06:00

“I do not take crap from nobody. Just do not mess with me.” – Janice Cavaletto in 68-year-old woman chases down burglars who stole guns and jewelry from her Rush County home [via fox59.com]     Birchwood Casey’s New World of Targets Line

The post Don’t Mess With An Old Man…Or Woman: Quote of the Day appeared first on The Truth About Guns.

Trump demands apology from Washington Post reporter for ‘fake news’ — he gets a response just minutes later

The Blaze - Sun, 12/10/2017 - 05:06

President Donald Trump called out a prominent Washington Post reporter by name on Twitter Saturday evening and said he should be fired.

What happened?

Dave Weigel, a reporter for the Post, made a mistake Friday when he tweeted a picture of an empty arena in Florida hours before a “Make America Great Again” rally was to take place. Weigel was responding to Trump’s claim that the arena had been “packed to the rafters.”

Trump, in response to Weigel’s tweet, first tweeted several pictures of the packed arena where he spoke. He also claimed Weigel “put out a phony photo of an empty arena hours before I arrived.” In the same tweet, Trump demanded an apology from Weigel and a retraction from the “fake news” Washington Post.

How did Weigel respond?

Instead of making an excuse for the mistake, Weigel simply owned up to and apologized for it. Weigel said he deleted his initial tweet after David Martosko, the U.S. political editor for the Daily Mail UK, pointed out the mistake.

Was Trump done?

Despite receiving the apology that he wanted, and the retraction (Weigel deleted the false tweet), Trump wanted more. In a follow up tweet, the president acknowledged Weigel’s apology, but then called for Weigel to be fired from the Post.

How did the media react?

To put it mildly, Trump’s tweets, especially considering Weigel’s willingness to apologize, didn’t go over well.

CNN host Brian Stelter:

MSNBC producer Kyle Griffn:

New York Times reporter Maggie Haberman:

Huffington Post reporter Matt Fuller:

Vox.com co-founder Matt Yglesias:

Dan Pfeiffer, a former Obama administration official who is now a CNN contributor and co-hosts one of the most popular political podcasts:

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