It may not seem possible to predict when Bitcoin prices are likely to fall. People have been educated to believe that prices, like many other aspects of life, are random. Yet prices develop over time as do other systems. Few people doubt that the pattern that forms an oak leaf will continue to repeat itself as an oak tree grows year after year. No one doubts that sowing the seed of a carrot will produce a carrot. Its shape and size may be influenced by environmental factors such as water, sunlight and nutrients, but no one doubts that a carrot seed will produce a carrot and never a beetroot or onion.

Phi, the irrational number of 1.618…, also called the Golden Ratio and Golden Mean, is the expression of growth in the natural world. The particular way various Phi ratios are combined together determines whether the process of development produces a frog or a rat. Nature is super-efficient in using Phi as the universal expression of growth. Continue reading...

A forecast for a period of falling prices is made before the period begins. To ensure this priority in a trustless way we time-stamp the forecast on a blockchain using a service such as https://originstamp.org/. The forecast is then published on the Bitcoin Enhanced website and forums such as Facebook and Twitter in an encrypted form. When the forecast is complete we release the key in order for anyone to validate the forecast was genuine and made before the event.

Important: simulated performance is NOT a good indicator of future performance.



On 13th September 2013 Bitcoin stood at $5.93. By 14th February 2018 it had risen to $9,071, an average annual increase of 237%. However during the same period the value of Bitcoin Enhanced would have risen to $136,741, an average annual increase of 21,265%. In this simulation the value of Bitcoin Enhanced improved the value of Bitcoin by a multiple of 15.

The cornerstone of any sound way to grow money is diversification – not having all your eggs in one basket. Because most money is fiat (issued by governments) most investments carry the risks associated with the fiat financial system. Here are three of the most important of these risks:

inflation, systemic institutional failure and regulation.

Although not without risks themselves, crypto-currencies and tokens avoid these fiat risks and therefore enable greater diversification of a portfolio. Continue reading...

We have designed Bitcoin Enhanced to as far as possible avoid the risks of the fiat financial system. This has been done by:

No underlying assets. If we used our forecasts like a traditional hedge fund to provide you returns by trading Bitcoin and shorting Bitcoin Futures we would involve you in the fiat financial system through the need to hold futures contracts (to short Bitcoin) and to use brokers to execute the trades. Instead the token relies on the intent of the token holders to transact at the Target Price of the simulated long/short Bitcoin strategy.

The largest and most liquid financial markets in the world are the currency markets where back in June 2014 an estimated $1.7 trillion dollars was being traded every day. Every dollar of those trades is belief-based as every currency in the world, fiat or crypto has value because people believe they have value. Bitcoin Enhanced uses the same mechanism to provide the opportunity to create returns free from the risks of the fiat system.

A blockchain token. Our tokens are on the Waves blockchain. This removes the need for any central authority to manage them – even us. Being decentralised they are also largely immune to regulatory pressures. If there was systematic failure of fiat institutions the Bitcoin Enhanced tokens would be unaffected.

Token number capped. We have capped the number of tokens at 4 million for both BE Classic and BE Growth. This creates scarcity as well as prevents the inflation that is endemic to fiat currencies.

Not a security. While we make no representation or warrenties that this is the case, we expect the tokens not to be classed as a security in most countries. Changes to security regulations would therefore be unlikely to affect the tokens. This increases the number of people able to participate without violating the laws of their country.

A key reason why the tokens are unlikely to be classed as a security is that you the token holder, not us, create its value. Any profit you receive from the tokens is created by you and other token holders when you trade the tokens. The purpose of the token is to trade at or close to the Target Price but there is no formal linkage between this target and the tokens' value. The creation of value rests with token holders themselves

The value of currencies such as Bitcoin, Monero, or the USD and Euro are all determined by buyers and sellers. In the same way there is no formal linkage between the Target Price and the price the Bitcoin Enhanced tokens trade at on exchanges. While the purpose of the token is to trade at the Target Price like currencies only buyers and sellers of the Bitcoin Enhanced token determine the actual price.

Until Bitcoin it was assumed that only governments can make money. Bitcoin showed that it is people, not governments, who invest a currency with value. Bitcoin Enhanced takes this human capability one step further to see if people can trade a token at or close to a published value – the Bitcoin Enhanced Target Price – to hold an asset without being exposed to the risks of the fiat financial system. In effect the Bitcoin Enhanced tokens are self-generated systems of value – something that before Bitcoin it was assumed only governments could do.

Jeanne Achterberg at the University of Texas Health Science Centre tells a story of a woman already paralysed and in a coma when she was admitted to hospital with a massive brain tumour. Surgeons removed as much of the tumour as possible but, because she was considered close to death, she was sent home without radiation or chemotherapy.

When doctors tell a patient that they are going to die, they usually do. Only this woman did not. Instead she grew stronger every day and within sixteen months there was no sign of cancer. She even went out dancing a couple of times.

Hospitals and doctors exist to cure sick people. Yet here was a woman who decided to cure herself. What does her story teach us about the way money is made?

There are around 180 fiat currencies in the world. Until 2009 it was generally assumed that currencies could only be created by governments. Then an unknown person going by the name of Satoshi Nakamoto found an elegant way of ensuring everyone knew how much of a “coin” they owned without the need for a centralised authority. Bitcoin was born. Today each of these pieces of cryptographic code is trading above $6,000. Continue reading...

There are two kinds of physics, fermion physics and boson physics. Fermion physics has to do with particles that make up matter. Boson physics has to do with superconductors and the zero-point field. Because all the particles that make up matter draw their energy from the zero-point field, for example the energy that keeps electrons spinning, fermion physics is a derivative of boson physics.

A similar situation exists in finance. In finance there are two classes of instrument, asset-based instruments and belief-based instruments. Asset-based instruments are those that derive their value from another instrument that already has value. Belief- based instruments are those whose value is self-generated by users who believe they have value. Because all asset-based instruments derive their value from other instruments that already have value, and because belief-based instruments are the only form of instrument where value is self-generated, asset-based instruments are derivatives of belief-based instruments.
Continue reading...

Money may be the most remarkable demonstration of people’s ability to shape the world with the power of their belief, but it is not the only one. Athletes visualise their way to peak performance, people heal themselves of incurable disease, people walk on fire without pain and entrepreneurs create their dreams. At Bitcoin Enhanced we are on a mission to wake ourselves up to the power of belief to create our world. Join us on the forums as we learn more of the extraordinary feats people have achieved throughout history. And inspire us with your story. Working together is how great things grow.