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Bitcoin & other Cryptocurrencies in 2021
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Ouranos



Joined: 28 Mar 2020
Posts: 517

Posted: Sat Jun 05, 2021 5:36 am    Post subject: Reply with quote

In San Francisco, Jack Dorsey, the boss of Twitter, said Friday that his company specializing in digital payments, Square, was considering making a bitcoin "wallet", that is, a kind of USB key to pocket its cryptocurrencies on a physical and secure platform.
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Ouranos



Joined: 28 Mar 2020
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Posted: Sat Jun 12, 2021 5:43 am    Post subject: Reply with quote

U.S. Investors made $4.1 Billion on Bitcoin in 2020. Far more than any other country in the World.
In the meantime, Chinese police arrested 1,100 people for money laundering with cryptocurrencies... awaiting to launch its own crypto that will become legal.
On Wednesday, El Salvador became the first country in the world to convert bitcoin into legal tender, a project championed by President Nayib Bukele to boost the growth of this Central American country.
Currently, El Salvador's main currency is the US dollar, and it is unclear how the country plans to implement bitcoin as a functional currency. This small country where four out of ten people live in poverty, should eventually allow the use of bitcoin for many aspects of daily life, from the purchase of real estate to tax contributions. (LaPresse reporting France Media Agency, Posted on June 9, 2021 at 7:22 am EDT)

According to The University of Cambridge Bitcoin Electricity Consumption Index, Bitcoin has an electricity consumption of 129.24 TWh per year – that's more than entire countries such as Argentina and Ukraine, which consume 125.03 and 128.81 TWh each year, respectively.
Crescent Electric estimates that bitcoin is by far the most expensive cryptocurrency to mine, with an average mining cost of $4,161 per bitcoin.
Talking about a sound choice for humanity!
------------------------------------------------------

"We are right in the middle of Mercury retrograde and the second (of three) passage of the powerful Saturn/Uranus waning square, arguably the dominant and most important geocosmic event of 2021. World equity markets continue to exhibit cases of intermarket bearish divergence, which is typical of Mercury retrograde.

This is not the time to believe what you see, hear, or read. It is the time to maintain a healthy skepticism regarding any proclamation or promise. Promises can be easily broken now. Truth becomes the stuff of alternate realities and subject to reinterpretation.
And always remember: Under Neptune, "buy the rumor and sell the fact." Furthermore, under Mercury retrograde, make sure you have the other party repeat back what you think you just said. You may think you told your broker to "buy," but the broker heard "sell." You may think your date said or implied "yes" but maybe he/she meant "no." Sometimes, with so much "Mutable Madness" in the cosmos, it is hard to figure out which double message is correct. So don't assume. Say what you mean, mean what you say, and be totally honest with others. Your reputation may be on the line, so ask for clarity from others if you are uncertain of their messaging. And then enjoy the dance."

Ray Merriman's weekly column 2021-06-04
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Ouranos



Joined: 28 Mar 2020
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Posted: Mon Jun 14, 2021 10:14 am    Post subject: Reply with quote

Elon Musk, boss of US electric vehicle maker Tesla, said on Sunday that the company would accept bitcoin payments again when the virtual currency was less polluting.

"When it is confirmed that [bitcoin] miners are using a reasonable amount of clean energy [around 50%] with an improving trend, Tesla will resume allowing bitcoin transactions," the multi-billionaire wrote on his Twitter account Sunday.

This digital currency is produced by powerful computers that must solve equations, and in the process consume huge amounts of electricity.

The science journal Nature recently published a study showing that bitcoin mines in China, which fuel nearly 80% of the global cryptocurrency trade and run in part from coal-fired power plants, risk jeopardizing the country's climate goals.

The businessman reacted on Sunday to an article raising the possibility that with his tweets, which regularly move the value of bitcoin in one direction or another, he is manipulating market prices for the benefit of his business.

"This is incorrect," Elon Musk retorted on Twitter. “Tesla only sold about 10% of its bitcoin to confirm that [the currency] could be sold easily without moving the market. "

Tesla announced in early February that it had invested $ 1.5 billion of its ample cash in bitcoins, and has since sold part of it.
(Agence Fance-Presse published in La Presse 06-13-2021)
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Ouranos



Joined: 28 Mar 2020
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Posted: Sat Jun 19, 2021 6:29 am    Post subject: Reply with quote

"So, let's review last week's Fed-induced market carnage within the context of the one week following the solar eclipse and midpoint of Mercury retrograde on June10, in mutable signs. Both Mercury and the solar eclipse (Sun and Moon) were in square aspect to Neptune in Pisces (i.e., the beginning of our "Mutable Madness" zone). The last week can definitely be referred to as "market madness." A number of world stock indices soared to new all-time or multi-year highs, including the S&P, NASDAQ, Netherlands AEX German DAX, Swiss SMI, Australian ASX, and India's Nifty. Even the London FTSE reached its highest mark since the crash of March 2020.

The damage from the Fed's surprise was much worse in Gold and Silver. Gold fell to 1761 on Friday, June 18. One week ago, it was trading above 1900. Silver fell to 25.77, a level not seen since April 29.
One week ago, it was testing 28.50. The alarm at higher interest rates two years from now was also evident in currency markets. The Euro currency plunged, and the U.S. Dollar rallied sharply to a two-month high.
Keep in mind that all of this drama is happening under the Trickster's watch. Crude Oil made a new high last week and Bitcoin showed signs of life again into early last week, but also weakened on the Fed's Mercury retrograde comments (but not actions) which are unlikely to be realized as given.

Sometimes I feel like a ghost and what I am experiencing is not the real world.

The fact that our government representatives (especially Republicans) aren't horrified enough to do a full investigation and accountability of the Jan 6 insurrection is ...mind-boggling. The abundance of apathy on the part of government leaders (specially Republicans) to agree to do anything about it and hold those responsible seems unbelievable if not reprehensible.

The fact that the U.S. President (Biden, a Democrat) would spell out to the Russian President (Putin) 16 critical infrastructure entities "off limits" to cyberattacks and then announce it publicly for all (hackers of the world) to see is also beyond belief, especially when (as of yet) there has been no substantiated proof (only allegations) that Putin had any influence in the recent cyberattacks. Why not just send an invitation to all the hackers of the world (as well as Putin, if he is interested) announcing that "If you really want to hurt us, this is what you should go after."

These two recent events just don't bode well for a nation that is beginning its Pluto return. Pluto represents a huge transformation, a "death and rebirth," an "ending and new beginning" situation. However, if not handled well, there may not be a rebirth or new beginning. In many instances, a serious Pluto experience is simply terminal, as in "the end of the matter." History tells us that experiments in democracies tend to
1) end badly and 2) not last more than 200 years. America is already past that marker. As a side note, the Saturn/Neptune conjunction in 2026 may also mark the end of the current cycle in Russia's existence too.
The Great Bear is also coming up for a "death and rebirth" experience, but from the view of Saturn and Neptune, which may not be the result of reform so much as decay and lack of preparation for change.

The Fed announced that they will now consider raising rates two times in - believe it or not - late 2023. The markets gasped. Yet, that's more than two years away. Fed Chair Powell might not even be the head of the Fed then. And yet the market behaved like this pronouncement is carved in stone. It is not. Mercury, for one, is retrograde. Decisions made under the Trickster's retrograde are more likely to be altered, revised, or dropped altogether. Yet under these cosmic conditions, such words are not likely to stand over time without revision, modification, or just plain abandonment. Do not count on two more rate hikes to begin in late 2023, any more than you believed the prior announcement that there would be no new rate hikes (and no serious concerns about inflation) for three years.

This week is also important because Mercury will end its 24-day retrograde cycle on Tuesday, June 22.
With three planets changing their direction this week, more market reversals are possible.

It is still likely to be wild and crazy through July 9. I think I may feel like a ghost for a few more days, observing unbelievable events and seemingly unreal decisions. With Jupiter in Pisces, this is the time to remember universal principles, like "everyone tries to do the best they can." But as a ghost, I really know better than to believe anything I read, see, or hear these days. Actions speak louder than words. So, I am wondering out here in the ether lands: did the markets just shift and was that a gong I heard?"

Ray Merriman's weekly column 2021-06-21
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zoidsoft



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Posted: Sat Jun 19, 2021 8:09 am    Post subject: Reply with quote

Ouranos wrote:
The abundance of apathy on the part of government leaders (specially Republicans) to agree to do anything about it and hold those responsible seems unbelievable if not reprehensible.


It's just the tip of the iceberg. A criminal conspiracy by many corporate players is laid out in this video and legal actions are being taken against Fauci, Bloomberg, GAVI, et al for creating a bioweapon and using it for profit and political control... The bio-terrorism is being done by established western nations according to officials in the US patent office who've uncovered the financial connections...

https://rumble.com/vd6jjp-david-martin-full-interview-planet-lockdown.html

Quote:
The fact that the U.S. President (Biden, a Democrat) would spell out to the Russian President (Putin) 16 critical infrastructure entities "off limits" to cyberattacks and then announce it publicly for all (hackers of the world) to see is also beyond belief, especially when (as of yet) there has been no substantiated proof (only allegations) that Putin had any influence in the recent cyberattacks. Why not just send an invitation to all the hackers of the world (as well as Putin, if he is interested) announcing that "If you really want to hurt us, this is what you should go after."


Quite correct. Hackers by definition use at the very least VPN's, ToR and chain proxies which make tracing the identity of the attacker nearly impossible. I should point out that July 9th is cyberpolygon.com which is the analog of event 201. Would you like an internet lockdown to go with that covid lockdown?

Quote:
The Fed announced that they will now consider raising rates two times in - believe it or not - late 2023. The markets gasped. ...

It is still likely to be wild and crazy through July 9...

Ray Merriman's weekly column 2021-06-21


I don't think we have until 2023. You've reminded me that I forgot to include info about July 9 in my most recent blog post about cyberpolygon which happens to coincide with Clif High's prediction of elites panicking and maybe resorting to their internet kill switch due to the truth coming out that many of those running governments are about to be implicated in a criminal conspiracy...

https://hive.blog/conspiracy/@zoidsoft/global-bio-digital-convergence-or-nuremberg-2-0-by-2026
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Ouranos



Joined: 28 Mar 2020
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Posted: Sat Jun 26, 2021 8:25 am    Post subject: Reply with quote

It was the week of three planetary stations. That's a big deal in Financial Astrology's role as a market
timing tool.

Jupiter and Neptune turned retrograde on June 21 and 25 respectively and Mercury ended its retrograde motion and turned direct on June 22. And, as expected, several financial markets may have made important cyclical lows or highs and reversed their recent trends. It will take a few days to confirm, but new multi-week, multi-month, and/or multi-year lows and highs formed early last week in several markets and then turned around smartly to the end of the week.
The flip-flop reflective nature of Mercury retrograde turning stationary, combined with Jupiter and Neptune turning retrograde, was even more evident in Bitcoin. The leading cryptocurrency rallied to a high of 41,323 on June 15, one day after the Saturn/Uranus square, up nearly 40% from its crash low of 30,000 on May 19. But then it turned south and made a new low of 28,800 on June 22, right in the middle of the last planetary changes of motion. By Friday it had reached 35,500, a gain of 23% in just three trading days. By the end of Friday, it was already down over 11%.

Now we come to the next big reversal zone within this greater June 10-July 13 period. That will begin this week, July 1 and last through July 9. Once again, we look for an important high or low to form then,
followed by another sharp reversal. However, this time it could get even more dramatic, for both Venus and Mars will make a T-square to Saturn and Uranus. Mars is especially powerful and equity markets can suddenly reverse under hard aspects to Uranus and/or Jupiter. Sometimes these reversals coincide with political or military threats. They can also correspond to threats from nature (hurricanes, earthquakes)

Ray Merriman's weekly column 2021-06-28
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WooWoo



Joined: 05 Apr 2013
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Posted: Sat Jun 26, 2021 8:51 pm    Post subject: Reply with quote

Are We any closer to understanding what moves Bitcoin ?

It is now about 50% of what it was worth.

I'm NOT but you'd imagine that the Nodes transit thru Taurus, and its dances with Uranus there will fuel the Flames.

H
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Ouranos



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Posted: Sun Jun 27, 2021 4:16 am    Post subject: Reply with quote

Woo Woo,
Bitcoin wears the signature of Saturn/Uranus (in opposition in the Natal Chart Inception). It is a challenge to the World monetary system (in Taurus).
Mars and soon the Sun forming a T-Square will bring more upheavals.
It is a symptom brought up in response to the Fiscal paradises of our world.
People will argue that Fiscal paradises are legal. I just have one question Why?
We need more transparency. The International Monetary Fund is just a way for rich countries to keep their power over poor countries.
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Ouranos



Joined: 28 Mar 2020
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Posted: Fri Jul 02, 2021 4:50 pm    Post subject: Reply with quote

The Bank of England announced on June 7 that it was considering regulating the use of stablecoins. What are stablecoins? What are these cryptocurrencies still little known to the public used for and how do they work?

What is a stablecoin?
Stablecoins, or stable cryptocurrencies, are cryptocurrencies designed to have a fixed price, and therefore to be able to be used without fear of a sudden rise or fall in value as is often the case with bitcoin, for example. . Like other cryptocurrencies, they are issued by private companies and are not legal tender.

How do stablecoins work?
Most companies that issue stable cryptocurrencies tie their prices to those of more tangible assets, such as precious metals or national currencies. Typically, they claim to have sufficient reserves to be able to redeem stablecoins from anyone who requests it. Thus, several stable cryptocurrencies are worth exactly US $ 1, because it is possible at any time to resell them to the company that issued them for US $ 1. This is the case with Tether, the most popular of the stablecoins and the third largest cryptocurrency.

What are stablecoins used for?
“Stablecoins provide comfort to people who want to use digital currencies, which have certain advantages, without having to suffer the vagaries of their fluctuations,” said Simon Dermarkar, professor in the accounting sciences department at HEC Montreal. Unlike other cryptocurrencies, such as bitcoin, stablecoins are subject to very little speculation because, by definition, their prices hardly move. “Obviously, people who buy stablecoins are not looking to speculate on a rise in the value of the US dollar, for example,” says Simon Dermarkar. Currently, stable cryptocurrencies are mostly used on virtual currency exchange sites: users who speculate on other cryptocurrencies use them to avoid having to convert their funds into real money, which is more expensive and complex to use online.

At the moment, stablecoins are of little use to ordinary people. As with the rest of cryptocurrencies, few merchants or online retailers accept them. "I don't really see why anyone would want to avoid using the traditional banking system so much, unless they have something to hide," summarizes Pascal Bédard, economist and lecturer at the University of Quebec in Montreal. For Simon Dermarkar, stable cryptocurrencies would still have the enormous advantage of being able to trade without intermediaries, without fees and anywhere on the planet, unlike traditional money.

Are stablecoins safe?
If one could trust the reserves put forward by stablecoin companies, they would in theory be as secure as the real currencies to which they are pegged. However, there are no regulations governing stable cryptocurrencies and their reliability. "As long as they are not regulated institutions, there may be a blur as to the transparency of these reserves," says Simon Dermarkar.

Scandals have already erupted around the supposed reserves of stablecoins. The Bitfinex exchange, which developed Tether, has never been able to prove beyond any doubt that it really has sufficient reserves to reimburse all of its users. She was also accused in 2018 of fraudulently driving up the price of the well-known bitcoin by issuing empty Tether to buy huge amounts of it.

Since cryptocurrencies are not legal tender, their users would have very little recourse if the company were to go bankrupt or fail to keep prices stable. "It is empty, the promise, because there is no one who pays a price if it happens," says Pascal Bédard. This is why the Bank of England has said it is considering regulating the use of stablecoins, should their use ever become widespread.

What future for stablecoins?
While stablecoins remain fairly esoteric for the time being, they could quickly become more accessible if large companies start issuing their own cryptocurrencies. Already, Facebook has been preparing its own stable cryptocurrency since 2018, in collaboration with other companies such as Uber, Shopify and Spotify. The Diem, which will be backed by cash and bond reserves, will allow more than 2 billion Facebook users to send money to each other all over the world, with no intermediary other than the social network.

Blockchain, the technology behind stable cryptocurrencies, could also hold promise for central banks. “It’s not possible to talk fully about stablecoins without considering digital currencies in development or about to be issued by central banks,” says Professor Simon Dermarkar. A virtual currency issued by a country would be much more secure, he said, than currencies currently issued by private companies.

La Presse (July 2, 2021) With Agence France-Presse and The Economist
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Ouranos



Joined: 28 Mar 2020
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Posted: Sat Jul 03, 2021 2:03 am    Post subject: Reply with quote

"Bitcoin completed a one-week rally of 27% on June 29 off of its 28,800 low on June 22. It then retreated over 10% into Friday's low. Ethereum rallied nearly 35% from its recent low of 1700 on June 22 to its high of 2292 on June 30. As a point of interest, we will now include Ethereum in our weekly reports along with Bitcoin.
July 7 and 8, the Venus/Saturn opposition may relate to a change of mind, or something to do with currency values. The mix with Uranus can make cryptocurrencies especially sensitive to sudden market turns. One thing to be concerned about with Uranus: any long-term support or resistance area can be broken. If Bitcoin is going to break again, this is the time of its greatest vulnerability. You don't want to see Bitcoin break or Ethereum break to new lows for 2021 if you are a bull."
Ray Merriman's weekly column 2021-07-05
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Ouranos



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Posted: Thu Jul 08, 2021 1:46 pm    Post subject: Reply with quote

Of interest:
Astrologer Adam Sommer is one of the few I have seen interested by the evolution of cryptocurrencies
Interview by Magic Kathi
https://www.youtube.com/watch?v=dKJGIqvOxvk&ab_channel=MagicKathi
Interview by Amanda Pua Walsh (Astrology Hub)
https://www.youtube.com/watch?v=J_MPm6gGVVw&ab_channel=ASTROLOGYHUB

Some of his recommendations:
YouTube channel of Andreas M. Antonopoulos
https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

YouTube channel of Raoul Pal (Real Vision)
https://www.youtube.com/channel/UCBH5VZE_Y4F3CMcPIzPEB5A

Videos on Cryptocurrencies
https://www.coindesk.com/videos
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Ouranos



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Posted: Sat Jul 10, 2021 12:33 am    Post subject: Reply with quote

"Let's enjoy Venus and Mars in Leo while we have the chance. Apologize, kiss and make up, and look for reversals in Soybeans, Copper, and probably several other markets. Venus/Mars in conjunction is a Level 1 market signature (highest correlation to reversals from primary cycle lows or highs within 10 trading days). In Leo, it can also coincide with aggressive speculative trading. Mars is action, and Venus rules money and all things of value. Aggressive buying is probably the order of the week early on. Yet it is still July, the middle month of the greater Saturn/Uranus square, with potential chaos and unruly behavior both socially and in financial markets.

Air signs 'especially Aquarius' refer to the technology sector of the economy (Note: Understand Cryptos here) as well as the quest for equality and fairness in society. It is idealistic and forward-thinking but can initiate acts with little awareness of the consequences that new directions may have upon the functionality of society and the business community. In other words, decisions are made on the basis of abstract thinking or "best-case theoretical scenarios" that have never been tested, rather than upon practical solutions that may have a history of effectiveness.

This conflict between government and big tech will not bode well for those companies and could easily become the cause that leads to another major shakeout in tech stocks, as witnessed in 2000-2002. After all, the positions of Jupiter, Saturn, and Uranus are in a similar aspect formation today. That is, Jupiter and Saturn were in Taurus square Uranus in Aquarius in 1999-2000. Now it is Jupiter and Saturn in Aquarius square Uranus in Taurus."

Ray Merriman's weekly column 2021-07-12
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WooWoo



Joined: 05 Apr 2013
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Posted: Sat Jul 10, 2021 6:02 pm    Post subject: Reply with quote

Hi Folks,

Although I sold around $32k on the way up to $68k I am enjoying Bitcoin.

Now What To Do ?

NO IDEA .....

I think once t.Pluto moves towards the USA's/ Global Capitalism Economic Power Point on the 6th Oct 2021 things get really Serious again.

And then All Bets Are Off.

t.Pluto crosses that Point on the 21st Feb 2022. And then two more times in 2022.

Again close in late 2023.

Does that open the Door for Bitcoin ? Probably !

Probably worth a $5k bet but they may well Ban it or Limit it.

Gold was limited in the 1930s.

https://theconversation.com/how-the-us-government-seized-all-citizens-gold-in-1930s-138467

H

Elliot Wave has to be driven by The Stars

https://www.youtube.com/watch?v=TW0YRCpUC7Q

Also Charts hold loads of info too.

https://www.youtube.com/watch?v=Ocr-pAh7TJg
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zoidsoft



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Posted: Sat Jul 10, 2021 9:35 pm    Post subject: Reply with quote

Transiting Venus stations on the transiting Pluto return of the USA chart this December, retrogrades back to about 11 Cap then returns to Pluto again around March 1, 2022.

Venus/Pluto combinations are about use of force and coercion in the topics of financial and medical areas. It can also bring to light (Venus is also called phosphorous) the corruption that is ongoing in government (especially in Capricorn). Lots of ugly things are about to come out which many people have been unaware of or refuse to believe due to trust which they believe could never be violated. Betrayal language is prevalent during this time according to Clif High.

https://hive.blog/conspiracy/@zoidsoft/global-bio-digital-convergence-or-nuremberg-2-0-by-2026

Other significations for Venus/Pluto in Capricorn would be bribes to keep info secret, or ransom being executed due to failure to pay bribes (hence why dirt comes into the light). Cyber warfare is becoming an issue that elites see as an opportunity to control the phenomena of "fake news" or what should really be called news that is contrary to the established narrative. Mercury joins Venus and Pluto between the 29th and 30th of Dec '21 which could strengthen calls to establish regulations for an "internet passport" as the infrastructure of banks and institutions get hacked (probably by those funding the great reset).

Forecast from Clif High about bitcoin and the coming collapse of the petrodollar...

https://usawatchdog.com/hyperinflation-will-collapse-biden-administration-clif-high/

Also the legal consequences...

https://www.bitchute.com/video/1338kLyYzeAp/
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Ouranos



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Posted: Fri Jul 16, 2021 11:55 pm    Post subject: Reply with quote

Agree with you Curtis. The 'petro' dollar is on the brink of extinction.
Will there be a Brave New World Order or a cluster of satellites.
The door is open. The devil is in the house and Mephisto is sharpening his weapons.

----------------------------------------

"Now let's have some Venus/Mars in Leo speculative fun for a moment and look at our cosmic crystal ball (for the record, I don't really have a crystal ball and I am not a psychic... it just seems like it sometimes).

Let's look at Election Day, November 5, 2024. The transit of Jupiter, the great benefic, will be conjunct Donald Trump's natal Sun, as noted by astrologer Robert Thibodeau (https://mayflowerbookshop.com/).
That is not usually a transit of unhappiness or disappointment. To the contrary, Trump is likely to be very happy. But I don't think it is because he wins, but rather someone he supports may win, or looks like they may win as results come in on Election Day. And it's not likely to be Joe Biden (transit Pluto square his Moon, Saturn near IC). Maybe Capricorn Mike Pompeo wins, if he is nominated to run, as the Moon also enters Capricorn on Election Day (November 5, 2024) and will cross his natal Sun that evening.

I know my liberal friends will not be happy with this possibility (and my conservative friends will be), but for now, that is all it is: a possibility. We don't know the nominees yet. That will make a big difference.
We don't have a time of birth for Mike Pompeo (if someone does, please share it with me). But we do know that Donald Trump finds the transit of Jupiter on his Sun, and that is usually a high note in life and possibly a catalyst for extreme narcissistic behavior for someone who leans towards such. The thing is, the transit of Jupiter only lasts a few days, and if the election results are not known quickly, the benevolence of Jupiter can soon lose its correspondence to Trump's temporal happiness as transiting Uranus (planet of sudden reversals) will also square his natal Mars and Ascendant. In the true Gemini fashion that represents his sun sign, Mr. Trump can be both happy and angry at the same time. Just like the rest of the country on Election Day."

Ray Merriman's weekly's column 2021-07-19
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