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It's The Protocol, Stupid! Observe As The True Value Of Bitcoin As Programmable Money Emerges

Reggie Middleton's picture




 

With all of the brouhaha over Bitcoin and the downright irresponsible reporting by the mass media, I've decided to reveal the progress of my "UltraCoin: The Future of Money!!!" venture. What you see in the next few paragraphs should elucidate even the most blinded to the prospects and potential of the Bitcoin protocol and why I've always said that the price of the actual cryptocurrency is absolutely irrelevant (much as the price of AOL was highly irrelevant to the prospects of the Internet in 1993).

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 I know I said the MSM has simply butchered accurate coverage of Bitcoin, but this piece in Fortune Magazine was right on the money: 

 "[UltraCoin] is a shot directly across the bow of the financial industry. Still in early development, BTC Swap is planned to facilitate a variety of what Middleton calls "Zero-Trust Digital Contracts," which recreate financial functions in software code by matching offered and desired transactions between parties without the need for intermediary institutions. Because these contracts are automated, instantaneous, and executed with assets already represented in the Bitcoin blockchain, Middleton says they eliminate counterparty risk while also subtracting conventional banking and brokerage fees.

The most immediate function Middleton envisions for his system is for hedging bitcoin against existing national currencies. With bitcoin's valuation still showing huge volatility, Middleton claims the availability of distributed hedging will both ensure the value of bitcoin for individuals holding the asset and provide systemic stability. (Given persistent skepticism, there should be plenty of takers to short bitcoin against the dollar.) And the entire system relies on decentralization for its security and integrity: "My contracts are peer-to-peer," says Middleton. "If you hack my servers, there's nothing to get."

Find it hard to believe? Even children can do it...

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So, how does this work? Well, let's start from the beginning.

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The vast majority of the world does their spending out of a wallet like this, or using currency-like instruments such as these (both physical and digital) contained in the wallet. The problem is all of these devices are "dumb" and rely on central authority figures (government, servers, banks, etc.). So...

Along comes Bitcoin with its decentralized currency that solves many of these issues. Bitcoin is also kept in wallets, like these...

thumb Slide3

These Bitcoin wallets give you considerably more freedom with your money, sending it faster, cheaper and with more privacy than the conventional wallet above. Of course, the typical Bitcoin wallet hasn't even scratched the surface of what's possible with this new technology. As a matter of fact, the tech is so over-encompassing and transformative that the mass media and even much of the specialized media simply CANNOT wrap their minds around what's about to happen to the worlds of money, finance and investment!

I've taken a radical step with this tech that makes even the newest Bitcoin wallets look old hat in comparison. What makes UltraCoin different from everything else?

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So, what is UltraCoin?

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Unlike Bitcoin wallets, it allows you to literally take control of both your money and gain exposure to financial assets such as stocks, bonds, forex, options, futures, oil, gas, commodities and precious metals. 

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You can even design your own "smart contracts" directly within the wallet itself.

thumb Slide11thumb Slide12thumb Slide13thumb Slide15

This stuff above is a pretty big difference from... this, eh?

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And that's how we come round robin back to that first graphic with my kids trading currency exposures.

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Of course, Wall Street is fearful. Why shouldn't they be? If the public realized the extent of the middleman markup they pack into otherwise low value-add services and product margin, there would be a mass revolt. When you create these products and services on a peer to peer basis, it's extremely hard to overcharge to the extent a recent MBA recipient with little to no real world experience can recieve 7 or 8 digit compensation. Don't believe me and my proclamations of fear? Witness the drivel that comes out of the the analyst's reports:

Theres' Something Fishy In The House Of Morgan, Pt. 2: Bitcoin Fear, Envy & Loathing

Does the Mainstream Media Assist Wall Street In Hypocritical Hypothesis For Fear Of The Next Paradigm Shift?

I'm looking for:

  1. Financial Capital
  2. Intellectual Capital
  3. Active and prolific traders to help beta test my wallets. 

If you are or know of any of the above, hit me up with a link to your LinkedIn and/or Wikipedia profile via reggie AT ultra-coin.com. You can also join me to trade live Bitcoin and currency exposures at 40 Broad Street, Friday at 6 pm if you wish. Equities, Silver and Gold exposures will be available next week and possibly by Friday as well. 

 

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Sun, 04/27/2014 - 12:03 | 4701070 epsillion
epsillion's picture

congratulations Reggie. Its a brilliant idea and I am eagerly awaiting further development. You discuss with your detractors with commendable diplomacy. Some of the detracting post must be from paid WS interest IMHO. No one would recognize a modern car to the car product that was offered by henry ford and so it will be with the block chain. 

Wed, 03/05/2014 - 21:03 | 4514603 Amagnonx
Amagnonx's picture

So little understanding - so many opinions ..

 

I've been watching this development like a hawk Reggie - you had a webpage that allowed contibutions and its vanished - I assume that some govt douche decided that you werent allowed to do crowdfunding or something.

 

Not sure how I can help - but Im keely interested, Ill send you mail I guess.

Wed, 03/05/2014 - 20:09 | 4514345 cristo
cristo's picture

What a douchebag . Pedling is own alt currency .He already lost all credibility when he became a salesman for the ultimate douchebag accessory ,google glass.

And now he want to sell you his own pyramid scheme . fuck you reggie .Have some shame . 

Wed, 03/05/2014 - 19:49 | 4514203 Old_Dog
Old_Dog's picture

LudicrousCoin

PlaidCoin

 

spend 'em if you got 'em

Wed, 03/05/2014 - 19:49 | 4514202 mogul rider
mogul rider's picture

As the Buffet meister always said

 

"beware of fucking geeks with an idea"

Wed, 03/05/2014 - 19:48 | 4514193 irishlink
irishlink's picture

If you love your kids drop this. We know what happens people who challenge the banking elite. Stick to your probes and investigation of the banking mess.

Wed, 03/05/2014 - 19:47 | 4514163 mogul rider
mogul rider's picture

Holy Shit

You people actually believe this pump..

Is it any wonder that 460 million dollars went fucking poof as the zombies scratched at the glass windows outside MtGOX as the perps laughed in Zimbabwe.

Now another pumper offed herself in Singapore or whereever.

People lost real money you fucks.

Shame on you...

This is a pump folks from those pumping bagholders holding vaporcoin..

Do nothing folks and let them eat their losses in disgrace

Wed, 03/05/2014 - 20:09 | 4514343 Reggie Middleton
Reggie Middleton's picture

Get your act together my friend. Mt. Gox was robbed due to incompetence. How does a business being robbed mean the currency and related technology involved was a scam????

Look at the list of JP Morgan offenses that I posted above. JP Morgan, Goldman, Citi, Bear, Lehman, etc. robbed people of over a trillion dollars. But you have a lot of those little $1 denominated scam certificates in your pocket and your USD digital wallet bank account!

Wed, 03/05/2014 - 22:01 | 4514893 Ceylon tea
Ceylon tea's picture

Cryptocoins utility relies on black market and out of legal market transactions this is the 'backing' of the currency if you will.

If your currency has that then people will get interested because they can do arbitrage, trade on volatility, invest hoping to make money on reduction of supply of the currency and finally mine bitcoins.

Each time someone spruiks or creates a new alternate cryptocoin variant or offshoot all they are doing is creating a pump and dump

Wed, 03/05/2014 - 19:43 | 4514159 SameAsItEverWas
SameAsItEverWas's picture

You can also join me to trade live Bitcoin and currency exposures at 40 Broad Street, Friday at 6 pm if you wish. Equities, Silver and Gold exposures will be available next week and possibly by Friday as well. 

I'd watch out for the NYPD racketeering squad lookin to bust you for runnin an illegal gambling house.  Just sayin ...

Wed, 03/05/2014 - 19:28 | 4514085 teslaberry
teslaberry's picture

as i've said many times, sending information for the purposes of disintermediating anything will be huge as we go forward. 

 

bitcoin is worth far more for enabling this for non-money ---than it is for 'money'. 

 

the enterprise value of bitcoin is a call option on its usefullness as a network of mining nodes, used to verify decentralized protocols that disintermediate conventional centralized internet businesses, run by a single point of control and vulnerable to a single point of attack or a single point of 'regulation' or govenrment seizure. 

 

etrade is a conventional internet business. that's how fast things are changing. 

 

dear reggie-----

unfortunately, i could not get more support after talking to daniel johnston or sam yilmaz again. i don't think bitangels is keen on this. its insane though right? daniel johnston is going ot help push 1M USD worth of bitcoins into the winners of various sponsored hackathons-------that are going on starting today in ut-austin. but he won't fund this?

eash. 

z

Wed, 03/05/2014 - 20:05 | 4514269 Reggie Middleton
Reggie Middleton's picture

unfortunately, i could not get more support after talking to daniel johnston or sam yilmaz again. i don't think bitangels is keen on this. its insane though right? daniel johnston is going ot help push 1M USD worth of bitcoins into the winners of various sponsored hackathons-------that are going on starting today in ut-austin. but he won't fund this?

It's interesting, I just read his intentions and thought the same to myself. Ah well, to each their own. I couldn't make it out to Texas but I will be in at the contention here in NYC. I met most of the players in Miami.
Remember, I have a significant advantage over every competitor, whether it be bank, developer, UHNW network, etc. I have product that's just about ready to ship. First mover advantage means a lot when properly cultivated. 

For those who simply don't understand, instead of talking about what the this new protocol can do, I will show you... Physically and in the real world as I attempt to disintermediate any and all knowledge, information and service businesses with a gross margin over 40%. If you think Google made waves, you ain't seen nuthin' yet!
Wed, 03/05/2014 - 19:47 | 4514188 johnQpublic
johnQpublic's picture

i do not like you teslberry

Wed, 03/05/2014 - 19:23 | 4514067 I Write Code
I Write Code's picture

IF ONLY 100% solid security were available in cyberspace then it would seem that something like Bitcoin could be set up.

Unfortunately somewhere between 80% and 99.44% of the security in cyberspace is just the technoid obscurity of what it takes to attempt a hack.  It is far from clear whether 99% security is available over the current Internet with any approach at all.  Retail banks still are needed because they *do* track their customers and questionable transactions are generally found quickly and, even if they are not easily reversible, fraud and liability issues are generally resolvable for the small ones, and negotiated for the large ones.

Bitcoin and the like, by design, have none of that.

Therefore they cannot work.

Of course 100% security in cyberspace is NEVER going to be available, nor is it in the real world.  But 99% in cyberspace is much more dangerous, as well-financed hackers can come at you from anywhere on the planet, 24x7.  And they will.  And they have.

Wed, 03/05/2014 - 19:49 | 4514200 Reggie Middleton
Reggie Middleton's picture

I disagree with your assertions wholeheartedely. The Bitcoin protocol has never been successfully hacked. Even it is hacked sometime in the near future, its track record would still be heads and shoulders over what we have now. 

You are referring to cybersecurity in general, and yes there is not 99.44% secure spaces, but that stands for all things digital (including digital USD) and not just BTC. What Bitcoin does give you is 99.94% assurance that you can't be defrauded directly through the block chain because there is no room for such. Let's compare this with the fraudulennt losses of ONE money center bank in just ONE currency over just 6 months, as excerpted fromTheres' Something Fishy In The House Of Morgan, Pt. 2: Bitcoin Fear, Envy & Loathing

 Better Markets summarizes the past ten years of JP Morgan credibility better than I ever could, as follows: Highlights From A Decade of Illegal Conduct by JP Morgan Chase

  1. United States v. JPMorgan Case Bank, NA, No-1:14-cr-7 (S.D.N.Y. Jan 8, 2014) ($1.7 billion criminal penalty); In re JPMorgan Chase Bank, N.A., OCC Admin. Proceeding No. AA-EC-13-109 (Jan. 7, 2014) ($350 million civil penalty); In re JPMorgan Chase Bank, N.A., Dept. of the Treasury Financial Crimes Enforcement Network Admin. Proceeding No. 2014-1 (Jan. 7, 2014) ($461 million civil penalty) (all for violations of law arising from the bank’s role in connection with Bernie Madoff’s Ponzi scheme, the largest in the history of the U.S.);
  2. In re JPMorgan Chase Bank, N.A., CFTC Admin. Proceeding No. 14-01 (Oct. 16, 2013) ($100 million civil penalty); In re JPMorgan Chase & Co., SEC Admin. Proceeding No. 3-15507 (Sept. 19, 2013) ($200 million civil penalty); In re JPMorgan Chase & Co., Federal Reserve Board Admin. Proceeding No. 13-031-CMP-HC (Sept. 18, 2013) ($200 million civil penalty); UK Financial Conduct Authority, Final Notice to JP Morgan Chase Bank, N.A. (Sept. 18, 2013) (£137.6 million ($221 million) penalty); In re JPMorgan Chase Bank, N.A., OCC Admin. Proceeding No. AA-EC-2013-75, #2013-140 (Sept. 17, 2013) ($300 million civil penalty) (all for violations of federal law in connection with the proprietary trading losses sustained by JP Morgan Chase in connection with the high risk derivatives bet referred to as the “London Whale”);
  3. In re JPMorgan Chase Bank, N.A., CFPB Admin. Proceeding No. 2013-CFPB-0007 (Sept. 19, 2013) ($20 million civil penalty and $309 million refund to customers); In re JPMorgan Chase Bank, N.A., OCC Admin. Proceeding No. AA-EC-2013-46 (Sept. 18, 2013) ($60 million civil penalty) (both for violations in connection with JP Morgan Chase’s billing practices and fraudulent sale of so-called Identity Protection Products to customers);
  4. In Re Make-Whole Payments and Related Bidding Strategies, FERC Admin. Proceeding Nos. IN11-8-000, IN13-5-000 (July 30, 2013) (civil penalty of $285 million and disgorgement of $125 million for energy market manipulation);
  5. SEC v. J.P. Morgan Sec. LLC, No. 12-cv-1862 (D.D.C. Jan. 7, 2013) ($301 million in civil penalties and disgorgement for improper conduct related to offerings of mortgage-backed securities);
  6. In re JPMorgan Chase Bank, N.A., CFTC Admin. Proceeding No. 12-37 (Sept. 27, 2012) ($600,000 civil penalty for violations of the Commodities Exchange Act relating to trading in excess of position limits);
  7. In re JPMorgan Chase Bank, N.A., CFTC Admin. Proceeding No. 12-17 (Apr. 4, 2012) ($20 million civil penalty for the unlawful handling of customer segregated funds relating to the bankruptcy of Lehman Brothers Holdings, Inc.);
  8. United States v. Bank of America, No. 12-cv-00361 (D.D.C. 2012) (for foreclosure and mortgage-loan servicing abuses during the Financial Crisis, with JP Morgan Chase paying $5.3 billion in monetary and consumer relief);
  9. In re JPMorgan Chase & Co., Federal Reserve Board Admin. Proceeding No. 12-009-CMP-HC (Feb. 9, 2012) ($275 million in monetary relief for unsafe and unsound practices in residential mortgage loan servicing and foreclosure processing);
  10. SEC v. J.P. Morgan Sec. LLC, No. 11-cv-03877 (D.N.J. July 7, 2011) ($51.2 million in civil penalties and disgorgement); In re JPMorgan Chase & Co., Federal Reserve Board Admin. Proceeding No. 11-081-WA/RB-HC (July 6, 2011) (compliance plan and corrective action requirements); In re JPMorgan Chase Bank, N.A., OCC Admin. Proceeding No. AA-EC-11-63 (July 6, 2011)($22 million civil penalty) (all for anticompetitive practices in connection with municipal securities transactions);
  11. SEC v. J.P. Morgan Sec., LLC, No. 11-cv-4206 (S.D.N.Y. June 21, 2011) ($153.6 million in civil penalties and disgorgement for violations of the securities laws relating to misleading investors in connection with synthetic collateralized debt obligations);
  12. In re JPMorgan Chase Bank, N.A., OCC Admin. Proceeding No. AA-EC-11-15, #2011-050 (Apr. 13, 2011) (consent order mandating compliance plan and other corrective action resulting from unsafe and unsound mortgage servicing practices);
  13. In re J.P. Morgan Sec. Inc., SEC Admin. Proceeding No. 3-13673 (Nov. 4, 2009) ($25 million civil penalty for violations of the securities laws relating to the Jefferson County derivatives trading and bribery scandal);
  14. In re JP Morgan Chase & Co, Attorney General of the State of NY Investor Protection Bureau, Assurance of Discontinuance Pursuant to Exec. Law §63(15) (June 2, 2009) ($25 million civil penalty for misrepresenting risks associated with auction rate securities);
  15. In re JPMorgan Chase & Co., SEC Admin. Proceeding No. 3-13000 (Mar. 27, 2008) ($1.3 million civil disgorgement for violations of the securities laws relating to JPM’s role as asset-backed indenture trustee to certain special purpose vehicles);
  16. In re J.P. Morgan Sec. Inc., SEC Admin. Proceeding No. 3-11828 (Feb. 14, 2005) ($2.1 million in civil fines and penalties for violations of Securities Act record-keeping requirements); and
  17. SEC v. J.P. Morgan Securities Inc., 03-cv-2939 (WHP) (S.D.N.Y. Apr. 28, 2003) ($50 million in civil penalties and disgorgements as part of a global settlement for research analyst conflict of interests).

Then there's the actual financial fidelity of the bank itself, which so few call into question... JP Morgan's Derivatives Portfolio Was (and STILL MAY BE) VASTLY Inferior To That of Bear Stearns AND Lehman Brothers Just Before They Collapsed!!!

JPM Lower Grade Derivatives

The oft used chart below was created in the 4th quarter of 2009. I'm sure it's worse now!

JP Morgan's Chart

Wed, 03/05/2014 - 19:14 | 4514022 RevRex
RevRex's picture

I'll wait for SchmegmaCoin

Wed, 03/05/2014 - 19:07 | 4513999 logicalman
logicalman's picture

Question 1: What happens if the web is taken down?

Question 2: In this insane world, who'd trust ANYTHING that exists on computer servers only?

Just asking.

 

Wed, 03/05/2014 - 19:38 | 4514134 Reggie Middleton
Reggie Middleton's picture

Question 1: What happens if the web is taken down?

The web is based on the Internet which was purposely designed not be able to be taken down in the same way that Bitcoin was designed not to be taken down - by not having a central point of failure. If the web does go down, so does ALL VOIP communication, the vast majority of electronic communication, and a significant amount of commerce as we know it. AND despite all of that, you still have physical bitcoin!

Question 2: In this insane world, who'd trust ANYTHING that exists on computer servers only?

You mean like your 401k? Or like your social security retirement plan? Or like your IRA? or like your treasuries? Or the vast amount of your printed USD? You know, if I had the time I can go on a whole lot longer than you can read. Trust me on that!

Wed, 03/05/2014 - 19:50 | 4514208 johnQpublic
johnQpublic's picture

more than anyone, i trust your opinion

but i personally have no foreseeable use for crypo currency

i am headed offgrid...thank god

Wed, 03/05/2014 - 18:51 | 4513941 Skin666
Skin666's picture

Reggie is correct. He gets it.

 

Take 20 minutes and look at the Bitcoin video below.

Bitcoin is much more than a currency, it's a technology.

Once you understand how disruptive this technology is, then you can see Bitcoin in its proper light.

 

This man gets it: http://www.youtube.com/watch?v=c2CsJ2HMA2I

 

The haters can junk all they like, but at least have a look first

Wed, 03/05/2014 - 18:58 | 4513970 zionhead101
zionhead101's picture

It's a SHITTY Technology.

It's a failed Technology.

The Founder said "BITCOIN IS BASED ON TRUST"

The problem is that all mining op's and exchanges are ran by crooks.

SO right out of the gate the trust factor was lost.

*

The BITCOIN algorithm only works when +51% of computational players are HONEST, ... well it never happened.
Because right out of the gate one man controlled the exchanges, and another man controlled the mining, and all along the system was FUCKED.

How do we fix BITCOIN?

Regulate the fuck out of it and make it DEATH-PENALTY not to return someones $$$ when he asks for his money back in 10 seconds.

Wed, 03/05/2014 - 20:14 | 4514373 RaceToTheBottom
RaceToTheBottom's picture

Sooner or later, with Financial products, it comes down to needing the Death penalty. 

It might be because we spend a lifetime gathering it for criminals to try and steal it

Wed, 03/05/2014 - 18:21 | 4513822 Carl Popper
Carl Popper's picture

I am more likely to hold bitcoins if I can buy a put. I suppose I set the terms of my contract and toss it out there in the peer to peer world and see if someone takes the bait? What about counterparty risk?

Wed, 03/05/2014 - 19:32 | 4514106 Reggie Middleton
Reggie Middleton's picture

The Blockchain is the counterparty, so there is effectively no counterparty risk. That's what makes this new technology so disruptive. Every techie, nerdie, geeky, super mad scientist and his mother has tried to crach the Blockchain security for over 4 years and it hasn't been accomplished once.

Compare that with the amount of times banks and investment banks have been cracked (from the inside and out) and you'll realize that buying an OTC option from a bank is downright ludicrous in terms of comparative risk.

If you don't understand this, before you start downvoting, I strongly recommend you study up on the Blockchain, but not from media reports but the actual Bitcoin whitepapers and what scientists and programmers have to say about it. Go straight to the horse's mouth.

Wed, 03/05/2014 - 18:08 | 4513764 joego1
joego1's picture

The idea sounds wonderful, you go first.

Wed, 03/05/2014 - 18:15 | 4513792 CH1
CH1's picture

you go first

Lots of us have already gone.

Brave people feel the fear and do the right thing anyway.

Wed, 03/05/2014 - 18:07 | 4513758 SameAsItEverWas
SameAsItEverWas's picture

I'll show my age by asking if anyone here ever got one of those "chain letters" in the mail?

It had a list of names and you were supposed to send money to the people at the top of the list, add your name at the bottom, and send it to a friend.

My parents told me that it was a crime to be doing that.  Now it's the new normal. 

Wed, 03/05/2014 - 18:53 | 4513949 zionhead101
zionhead101's picture

Block Chain Letter,

The founder of BITCOIN "SATOSHI", even said so in his orginal paper that BITCOIN was a block-chain-letter,

Just a computerized version of an old hustle.

*

Just one point, Reggie posts that a money transfer for western union is $40, and bitcoin 0.02, but the problem, is how do I get my MONEY into bitcoin? How do I get my money back out?

Now Reggie has pulled "ULTRACOIN" out of his ass something that doesn't exist.

The problem all along with BITCOIN is that it takes money in USD$$$, and let's you keep your bitcoin, but no exchange has ever let anybody out.

Sure you can find local guys that will give you 50 cents on the dollar if you meet them in alley for chump amounts of BITCOIN, but serious money, no exchange on earth ever returned the money.

BITCOIN is not FUNGIBLE, and cannot be used as COLLATERAL, its NOT insurable.

Fix these problems reggie, then come back and sell some better smelling shit.

Wed, 03/05/2014 - 18:06 | 4513756 SAT 800
SAT 800's picture

Reggie; I like you. Do yourself a favor; don't go there. Stick with the commercial real estate analysis, or something that makes sense. Bitcoin isn't going to change anything and you don't want to be on record as taking this nonsense seriously.

Wed, 03/05/2014 - 19:28 | 4514088 Reggie Middleton
Reggie Middleton's picture

To be absolultely honest, I don't think there is a single intelligent person that has really studied the Bitcoin protocol and called it "non-sense". I'm not saying your unintelligent, but I'll bet the farm you have not thoroughly reviewed what it is you're condemning.

Wed, 03/05/2014 - 20:02 | 4514295 boogerbently
boogerbently's picture

But then, they use that argument for evolution, too.

Wed, 03/05/2014 - 18:05 | 4513746 imbtween
imbtween's picture

Are you talking about this UltraCoin??

UltraCoin $ 348,162 $ 0.053 6,545,577 UTC $ 6,102 +7.65 %

 

Wed, 03/05/2014 - 20:41 | 4514490 Amagnonx
Amagnonx's picture

No - he is not talking about that - they launched about the same time, coincidently had the same name.  Reggie is not creating a crypto currency, he is exploiting the BitCoin protocol - something that is already there, and layering a financial system on top of it.

Wed, 03/05/2014 - 19:16 | 4514036 Reggie Middleton
Reggie Middleton's picture

No.

Wed, 03/05/2014 - 18:00 | 4513720 Fuh Querada
Fuh Querada's picture

What's a prolific trader?

Wed, 03/05/2014 - 17:38 | 4513630 Gaurden
Gaurden's picture

did you notice the hexagram/6 pointed star joining all the computers. Where have i seen that before.

ahh creatures of ritual cant seem to help themselves can they.

im sure its nothing..........

Wed, 03/05/2014 - 17:34 | 4513601 RaceToTheBottom
RaceToTheBottom's picture

Reggie, I must give you credit, you are persistent.....

And anything that is against WS is fine with me.

Are you willing to guarantee, with your life, that I will not lose money?  Cause that is what it is going to take for me to trust anyone who has even worked on WS.

Wed, 03/05/2014 - 19:15 | 4514029 Reggie Middleton
Reggie Middleton's picture

Well, I never I worked on Wall Street, so I guess that mean you must trust me, no?

Wed, 03/05/2014 - 14:50 | 4512781 sleepingbeauty
sleepingbeauty's picture

A zerohedge infomercial??

Wed, 03/05/2014 - 15:41 | 4513014 Reggie Middleton
Reggie Middleton's picture

Methinks the "info"  portion of the infomerciaL is a bit heavy,  pparticularly for those concentrating on BTC price

Wed, 03/05/2014 - 17:31 | 4513598 MillionDollarBoner_
MillionDollarBoner_'s picture

"Calling foney-star

Mr foney-star to the front desk, please..."

:O)

Wed, 03/05/2014 - 17:48 | 4513667 fonestar
fonestar's picture

fonestar is standing by.

Wed, 03/05/2014 - 18:38 | 4513892 wintermute
wintermute's picture

I hope Reggie succeeds. The bankster-complex needs breaking up and at least Reggie is doing something constructive to that goal.

Wed, 03/05/2014 - 20:01 | 4514289 boogerbently
boogerbently's picture

Great plan, poor vehicle.

Reggie stands to lose all his hard earned credibility on this one.

Do NOT follow this link or you will be banned from the site!