In a dream yesterday morning, I saw a short vision of people riding a log ride in an amusement park. They were near the top and starting to move down a long steep hill. They were all excited and laughing and having fun, some even holding their hands in the air to make it more thrilling.
Since trees represent equities in market dreams and visions, and trees must be cut down to make logs, I believe the steep drop on the log ride confirms other prophetic rumblings about a steep drop coming soon in equities. I think the people riding the ride were happy about it because they were on the right side of this move, holding positions that increase when the overall market decreases.
Riding on water confirms they were trading this move successfully because water represents financial losses, commonly called being under water, but they were not under water, just having fun riding on it. Also, they were moving from right to left, meaning their positions were moving up even though the log was moving down because call options are displayed on the left while put options are displayed on the right.
Another prophetic insight confirms what I saw. On January 24, 2018, Francy Carl shared, “I met with the Lord and He told me to buy FAZ again.”
FAZ is an inverse ETF that moves up when the financial sector moves down. Francy must have heard correctly because the S&P Index had been moving up steeply with no signs of slowing down, but just two days after her post, it started dropping from the all-time high, 2872, plunging 11.8% (340 points) and reaching the bottom on February 9. During that time, FAZ rose from $9.75 to $13.39, a 37% gain in just ten trading days.
Although that was a good increase, based on what I saw in my dream, I think it’s still just getting started and a much bigger drop in the financial sector is coming soon.
I am paying close attention to what Francy heard because of another dream I received back on July 7, 2014 in which I saw a severe market crash that caused FAZ to skyrocket. In that dream, right before FAZ skyrocketed, I saw representatives from all nations gathered in a large assembly hall. Then the representatives seated at the U.S. table stood up, taking an unpopular stand that caused tensions to increase throughout the hall as representatives from other nations started yelling for them to sit back down, but they refused. Then suddenly, unseen people seated on the other side of the U.S. table pushed the table over so it landed on top of those standing on the other side, pinning them to the floor, so they were unable to get up.
Across the other side of the hall, I saw the representatives from China’s table were very angry. They all stood up and stomped out of the assembly shouting, “We will declare war!”
Immediately after that, I saw FAZ skyrocketing, so the financial sector must have crashed. The markets were in such commotion I was unable to get a call through to my broker.
Since then, I have been paying close attention to any U.S. actions causing increased tensions throughout the world, especially actions that would anger China. My interpretation is the U.S. representatives refusing to sit down symbolized the strong value of the U.S. dollar, which increased significantly in the months after I received the dream and has still not returned to the 2014 levels. I think the table getting turned over symbolized a sudden devaluation of the dollar, which would infuriate China since they own more U.S. treasuries than any other nation. Although I still think that’s the right interpretation, I am also watching recent actions by President Trump imposing trade tariffs on U.S. trading partners because his actions are also causing increased tensions throughout the world, especially for our largest trading partner, China, which is especially interesting based on what Francy heard and what I saw in my log ride dream.
Tensions increased even more yesterday with the resignation of President Trump’s top economic advisor, Gary Cohn, in what appears to be due to increased tensions between him and President Trump regarding the tariffs, especially dealing with China, as reported by Zero Hedge.
This afternoon, with the unexpected resignation of Gary Cohn, this was partially confirmed, however the full confirmation that it was indeed, all about China, came moments after the Cohn news, when Bloomberg reported that the Trump administration is considering clamping down on Chinese investments in the U.S. by slapping tariffs on a broad range of its imports in response to alleged intellectual-property theft, according to people familiar with the matter.
As Bloomberg adds, under the most severe scenario being considered, the U.S. could impose tariffs on a wide range of Chinese imports, from shoes to consumer electronics.
Additionally, the White House could combine the tariffs with restrictions on Chinese investments in the U.S., which are reviewed for national-security risks by the Committee on Foreign Investment in the U.S., the Bloomberg sources said. The U.S. is also considering a more targeted approach that would seek to rein in Chinese investments
Furthermore, the White House is looking at ways to enforce reciprocity with China on foreign investment, meaning the U.S. would only allow takeovers in sectors that U.S. companies can access in China.
There is still a chance that a trade mushroom cloud could be avoided: officials told Bloomberg that they are still examining various options, and USTR could decide to do nothing.
However, when the announcement is made, sometime in April, we doubt it will be nothing. In fact, we are quite confident that when the dust settles, Beijing will be quite furious at Washington. (Source: Zerohedge.com)
So, it appears we are moving closer to a full-blown trade war with China, which could have adverse effects on our economy and possibly lead to a full-blown military war, but I don’t think war with China is the next thing happening.
In August 2016, author and university professor Jim Reeve received a prophetic market dream showing the next major drop in the equities market would involve a military conflict, as he explained in a 15-minute video presentation. At the time, 2018 seemed a long ways off, but the market rally continued until finally reaching the top on January 26, 2018.
Although Jim and I both saw military conflicts causing an economic downturn, I don’t think we saw the same events because his dream revealed a real conflict, while mine only revealed China making threats. He saw little green army men getting cut up into pieces of confetti and falling to the ground, while I did not see any military actions.
My conclusion is Jim’s dream will soon be fulfilled with a military conflict causing the markets to drop sharply, but the event I saw is still further in the future. Based on other prophetic insights and rumors, I think the conflict he saw is more likely with North Korea, not China, and that will be the catalyst for the fulfillment of my log ride dream and what Francy heard about FAZ moving up. So, I am not expecting FAZ to skyrocket yet, but I am still expecting that to happen later.
Prophetic insights provide partial information that require assumptions about the timing and sequence of events that might be wrong, so this is not a recommendation for investing, but is offered as a pieces of the puzzle for prayerful consideration.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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James, thank you for this post. Lois Vogel Sharp on her web site has a warning about an imminent economic collapse with a warning to stock up on food etc. as panic will cause the supermarket shelves to empty until the situation is resolved. All the best.
Lately when I go to a certain supermarket, I get a sick feeling while I’m shopping. As I stock up gradually by only adding a few extra items with each visit, so it’s not so much to carry and It’s more painless to my pocketbook, I thought that was adequate. But recently, the feeling was overwhelmingly queasy, and the Lord also said to me, “someday the shelves will be empty.” He reminded me of the stores in Houston and the price gouging on bottled water. I’m starting to take it much more seriously now.
Here’s her short video:
https://www.youtube.com/watch?v=M6YyeRuq9DI
Reader take note, this is the second time Lois has mentioned this to my knowledge, this time seems more urgent.
Glad you posted this about Lois, really kind of shook me up when I saw it. Sometimes its hard to imagine shelves bare, but then again, read the bible and you will see prophetic warnings fulfilled to the T, despite the seeming impossibility in the natural realm. It could be a double whammy of a Far East quake and war sabre rattling? Prepare.
I give thanks for you, James, for being a blessing in sharing your dreams and visions about prophetic market moves. I was clueless about financial things before coming to z3. I 💚FAZ, well, simply because your 2014 dream about it led me to Z3. I knew in my heart that even though your prophetic dream seemed strange and unheard of to me at the time, I felt without a doubt it was a word from the Lord. So what I received in returns from that dream in the form of what z3 has offered me spiritually, opening my eyes to so many other things that I had been clueless about, it has been priceless compared to the monetary return I’m looking forward to from my FAZ investment, with which I plan on sharing to bless others for the Kingdom of God.
FAZ is showing extreme volatility. Markets are nervous. FAZ is about to skyrocket! Strap yourself is boys and girls.
Anyone here from Canada who can help me where to buy Faz ..i’m still clueless up to this point.thanks
Jomen, if you have an account with one of the major 5 banks in Canada they offer brokerage-linked accounts as well. You can also transfer your RRSPs into a self-directed RRSP account with most brokerage firms in Canada. I use Qtrade, like their customer service; fees and technical support and analysis.
Thanks for the info ..good to know before sign up.
Jomen , you can buy Faz at pretty much any stock broker in Canada. Note: Faz is traded at the NYSE (NY Stock exchange).
Blessings.
Thanks Sonia ..I appreciate it ..ready to buy.
Stanley,
It is volatile. It is sitting below the 9, 20 and the 55 MA. Just hit a triple bottom of 10.53. The highest fib I have on it is at 17.87 the 423% line. Could it go higher, sure but the financials have to take a serious hit. If I go back a bit further on the chart I get a fib at 25.73 for a longer term 423% line.
All depends on your risk level. Watch XLF if it breaks below 27.95 area the 61.8% retracement, FAZ could start rocking.
Today was a kick in the stomach. FAZ down .63. Even more volatility. I’m thinking of buying more FAZ though.
Stanley,
Forgot to mention. Did you look at the XLF chart? It gapped up big yesterday. 2 big green candles and about a .50 cent gap. This is the one to watch for the financial sector. As long as this goes up FAZ will go down.
Stanley,
The bet way is to tier in and not go all in. Look for 9.69 that could be a support if it fails it goes to the low $8 area. FAZ to 44-46 area is about 4x return. You can do that easy with a bank put option . Look up the top 10 holdings that FAZ holds .Not financial advice though. The banks are doing well so shorting them is very risky.
ed
Do you think a fib retracement on Russell 1000 would be more accurate to dictate what FAZ will do?
FAZ is a 3x fund that resets so I would think the FIB calculations would be more accurate against the Russell 1000 since thats what FAZ is a derivative basically of
thoughts?
Reg31,
You could be right. RUI is above the 20,55 and 200MA. Looks like 1505 is a big support line. The 55 is actually on the 1505.
The 50% fib is 1504.
These are the next levels.of retracement.
on the 1hr high of 2/27 and low of 3/2
.618% 1485
.786% 1483
100% 1466
1.618% 1418
2.618% 1341
3.618% 1265
4.236% 1218
What’s pretty interesting is that the RUI is in a wedge and it intersects on 3/15. Next week could be exciting for sure.
Richard has been running fibs on GBTC and they are pretty close to BTC actions.
Ed,
That 3/15 date is interesting. Phanuel mentioned March 13-26 being a key time frame though I think he was more referencing cryptos.
I think we get another tantrum like we had not to long ago when the 10 year bond rate hits somewhere between 3 and 3.25%
The FED meeting is around March 21st I think and at the end of this month they are also supposed to be increasing the Bond sell off rate from 22 billion to 32 billion.
Another bit of interesting information. Trump now is going to talk with North Korea???
The timing of all this coming together is what is interesting.
I appreciate the FIB #s…. do you mind giving me a crash course as to the probability of those levels getting reached on average? Im guessing only in extreme cases would you ever see a 4.236 retracement right?
Hi Ed H, so just to clarify GBTC could reach those numbers $1485, $1483…?
Thanks so much ,
Corrine
Corrine,
Those numbers are for the Russel 1000. RUI
That would be awesome if it were GBTC.
one other quick notice….
is it just me or does it look like we have just formed a head and shoulders pattern since the January/February low????
Yes it did and just went over. I think we could be going higher for a bit.
Hi James, you wrote, “My conclusion is Jim’s dream will soon be fulfilled with a military conflict causing the markets to drop sharply, but the event I saw is still further in the future. Based on other prophetic insights and rumors, I think the conflict he saw is more likely with North Korea, not China, and that will be the catalyst for the fulfillment of my log ride dream” –
Yes, this may be nearing. I revisited various interviews of James Rickards in the past few months. It seems, based on ‘high level’ statements communicated to Rickards, that March 20 is the date which action would need to be taken – with a 70% chance of war with NK taking place.
I have additionally followed intel from Q-Anon – who suggests that NK is beholden to dark elements within the deep state (in other words – it doesn’t act alone). Combining this from a word of knowledge from Pastor Masih (that NK strikes the US in some form) – this could be an actual attack by them OR a false flag** – blamed on them. Needless to say – something is on the horizon – only time will tell. Perilous times.
** = 2018 Hawaii ‘false missile alert’ – was one such fasle flag that thankfully was intercepted / stopped.
Thanks for this confirmation regarding the March 20 deadline. I did not know that, but it fits my current expectation. I think SPX needs to move back up close to 2800 or a little higher, so it needs to move up about 60 or 70 points, which is unlikely to happen all in one day, so I think it goes up higher next week and Friday March 16 will be a good day to open short positions.
Recall the prophetic warnings about Nisan 17, which is Monday April 2 this year. James Jansen saw “World Collapse 117,” which would equate to Nisan 17. Phanuel heard, “Markets in a sea of red on Nisan 17.” I think the steepest part of the crash could happen that week. Here’s the original post from 2016:
https://z3news.com/w/god-parts-red-sea-nisan-17/
James,
Are you planning to put the short position in today? You saw the two drops of the market, and also saw the -5%. Since -5% is not the bottom of the last drop, The first drop you saw, maybe the drop Phanuel was expecting ( FAZ 46.56 ). Phanuel’s view is that Mar 13-26 is the crash period.
I posted comments a while back explaining the -5% was most likely related to oil since it was a black number on a black background, only visible because it was outlined in white. I continue to believe as I have been posting recently, the crash happens the week of Nisan 17, which is Monday April 2, fulfilling James Jantzen’s dream about “World Collapse 117”. That does not mean the world collapses that week, but I believe it will be the fulfillment of what Phanuel heard two years ago, “Markets in a sea of red on Nisan 17.” I also believe it marks the beginning of a long term collapse of the global economy, which will take years to complete, so I think we are about to cross a significant milestone in world history, a major shift that changes everything going forward.
I think what we’re seeing now is increased volatility leading up to the crash week, but the volatility will be temporarily squelched with a false sense of optimism after next week’s FOMC. I think that will be short lived with March 27 marking the final big rally before the whole thing goes over the cliff.
James & Phanuel, 117, the sea of red, 1 Nisan 5778 is on 17 March 2018. Could it be a mix of Hebrew and Gregorian? Not likely but had to ask. Nisan being the first month (of the religious calendar).
https://www.hebcal.com/converter/?hd=01&hm=Nisan&hy=5778&h2g=1
I believe 117 refers to Nisan 17, not March 17.
Hi Matt NZ,
I believe that was fulfilled on April 25th , 2016..and was a new beginning. I think the end is before Nisan, 17 2018 (April 2nd).
shalom
P. you mean “the end” meaning the spx low around 2100 or less?? right?
Hi TAJ,
I specifically mean the fulfillment of FAZ @ 46.56.
Shalom
Yes, thanks. I’m continuing to like a first low on or around the 27th, based on various patterns I’m seeing. Additionally, I’m also seeing new technical patterns that drops the final target into a range between 1300 and 2000 which could be a final fifth down, but does not have to , it could still could be a 3rd.
I keep thinking about JB’s days, a 3rd wave low around the 27th, a bounce in a 4th, and final fifth around April 7 would make sense to me. Internal patterns are mimicking 1987 and 1929 to an uncanny degree. Ecc. 1:9
Cyclically and technically this crash could be worse than i was thinking.
Just to clarify since you mentioned my days, I’m expecting to see the low on Friday April 6, not March 27, because I believe we’re going to see the fulfillment of James Jansen’s prophetic dream where he saw “World Collapse 117”. I believe 117 refers to Nisan 17, a date when God has repeatedly delivered His people while at the same time bringing judgment on the unrighteous. We’ve been watching for the fulfillment of his dream for several years and thought it might be in 2016, but we now know that was not it. I believe it will be this year starting on Monday April 2, Nisan 17, and lasting five trading days, which is the pattern followed in previous crashes.
It doesn’t mean the world will collapse in one week, but I believe it will mark a significant milestone as the long term process of collapse begins. When stocks crashed in October 1929, the markets did not reach the bottom until 3 and a half years later in the summer of 1932, so these things take time.
P, I continue to lean toward a larger spx move in the current window ending 3/27, based on multiple technical patterns. Any thoughts on you part.
Shalom,
taj
P, one more thing, the 30,000-40,000 dow you have seen, how solid are you on it, might that have been bitcoin?
Hi TAJ
Saw Dow @29037 on 8/4/17.
Still looking for a bottom around March 26, 27. Will update if I get anything new.
Shalom
HI Phanuel – market action today pretty amazing (Monday. March 19th) – looking at the daily charts – the turn began on the 13th (which you intimated). FAZ only modest moves so far (10.63 right now) – but drop in markets and rise in FAZ could pick up. My April exp position on S&P is looking good – waiting for a retrace to add more to my position – volatility has increase the prices significantly however. Not sure if FOMC will provide reason for a significant retrace. Could be the markets plow down – regardless of policy – am sure they will give it a try. What are your thougths going forward?.
Dear Phanuel, Do you think we still have time to buy silver after April 2, 2018 before it has a dramatic rise? Thank you for all your help!
Hi Michael C
I think there is still enough time to get silver.
Shalom
Thank you James. Very good explanation. We’ll see whether March 13 – March 26 is the crash period or not. How do you know ” March 27 marking the final big rally before the whole thing goes over the cliff ” ?
Thanks for asking because I should have explained that I am relying on prophetic insights from other people for that. I am not at liberty to share any more about that at this time.
James, I have a question on the speed of the drop. If the crash starts on or about April 2, is there revelation indicating the length of time to reach the expected targets in P’s dream, around 2100 or less and $46 faz? Also, I noted on 2/8 Richard saw a drop of about 900 points, I assume dow points on March 12-14, then it levels off till the 18th, then rallies to the end of March when bad news comes out and he said “watch out” on 4/2. Have you thought about Richard’s thoughts in context of others given today is 3/12, so if correct it’s going to move very soon?
Regarding the length of time, the biggest part of the drop in previous market crashes has happened in the last five trading days, but started sliding down prior to the crash week. I think this one will repeat those patterns.
Regarding Richard’s comment about a drop of 900 points and other market trends, he was sharing conclusions from cycle analysts, but caused some confusion because of the way he presented it sounded prophetic. The last part of what he shared was prophetic insights from a friend of his, so it was part technical and part prophetic. I think the prophetic part will prove to be true, but not sure about the technical part. I deleted his original comment because it was causing confusion, but it had already been shared by others so I commented on their repost to clarify.
Seems there have been some important developments regarding NK – an announcement of an agreement of talks to take place between Trump and North Korean leader Kim Jong Un by the end of May has just been released. Q-Anon intel suggests that the deep state’s “strings have been cut” – they no longer control NK – if true this is major. Perhaps then the allusion to war focuses on the Middle East – but then again – a false flag is still possible – deep state is facing actioning of indictments – going forward – many suggest they are desperate:
https://www.washingtonpost.com/world/asia_pacific/north-korean-leader-kim-jong-un-has-invited-president-trump-to-a-meeting/2018/03/08/021cb070-2322-11e8-badd-7c9f29a55815_story.html?utm_term=.80ea8568a8ed
John NZ
I recall a vision I shared a while ago that China will do everything to prevent a war, because they didn’t want to deal with the refugees. It seems to be coming to pass as deal was already made in the Forbidden city per Q anon. Trump … the master 4D chess player with wisdom from God.
Shalom
Phanuel,
NK may bomb China. Just the possibility. Refugee problem is not a real big problem. I faintly remember I read some thing about NK do a great harm to China, then China move in and capture most of their land. I also read on Z3 that Korea will one day become united. According the prophetic word that NK will join to attack US while Russia and China attack US in the future, it would be hard to understand the unification of Korea can happen before Russia and China will attack US in the future.
I believe US and China have the agreement already. NK owning the nuclear bomb is actually causing greater harm to China.
William
North Korea has been neutralized. China is working with Trump. It’s game over for the cabal.
The Fed is toast
Indictments are coming ( Sessions about to drop the hammer)
Obama and his cronies are toast
Clinton’s and their cronies are toast
Soros is toast
Mainstream media is toast
Democratic Party is toast
This was shared prophetically over a year ago before and after Trump was elected.
Glory to God
Shalom
Yes, glory to God. Love to see all those things happen.
Yes, Glory to God ! I I could I would give 10,000 thumbs up !
I’ll toast to that !!
In a dream in 2014, I saw Obama years into America’s future running a large organization. The voice of someone behind me told me, “He has completed his assignment. He is now going to his next assignment.” So, perhaps he catches some heat, but I do not believe he is toast.
James and Z3
Some Prophecies about Obama and US.
http://whistleblowerjeff.holyspiritwind.net/2018/03/09/vision-obama-getting-ready-for-his-appearance-patti-young/
http://whistleblowerjeff.holyspiritwind.net/2018/03/09/vision-tsunamis-earthquakes-nuclear-strikes-carol-graves/
Thanks Steve.
One more about Obama, and US.
http://whistleblowerjeff.holyspiritwind.net/2018/03/09/sudden-destruction-ms-sophie/
John NZ, The greatest danger now is a false flag by deep state. Byron Searle saw war happening in spite of much diplomacy. Any attack on US can easily be blamed on NKorea as American public has been conditioned to believe it by MSM.
Hi Steve – you are correct to point that out – that post of Byron Searle mentioned – quote: “My son, within the next few days a series of events will draw this nation into war. There will be much diplomacy behind closed doors, but the end result will be war…” – the deep state could run a false flag to divert the narrative – and confound the hopes of diplomacy. Will have to see…
NK has been using that tactics for a long time. I don’t think DT will let NK get away with it this time. The market future does not move by the new. It is indeed danger to NK. Chines withdraw their support to NK by cutting off a lot of trade and supply. It looks like that not long ago NK is saying Chinese are their enemy of one thousand year while Japanese is their enemy of one hundred year. The Chinese troops are already ready near NK’s border. Since the prophetic word has come out that US will strike NK. It should happen.
I don’t believe your Rickards interpretation is quite correct. Rickards told people to prepare for the Petro-Yuan implementation on March 20th, knowing that actual rollout date is March 26th. As an adviser, telling people the day of the event would not be the best way to prepare for the Petro-Yuan rollout.
Rickards has moved his US / North Korea war date back to June, 2018 (and that June date was before the summit announcement.) Rickards added the caveat that North may get a credible missile and nuke program in place.
Note the BRICs nations combined receive an increase in IMF voting rights allocation in mid-late April (over 15%.) This will along the BRICs to veto any US IMF proposals that does not favor the BRICs.
Back to the Petro-Yuan, the US dollar tumbled 250 basis points, in the 3 Trading days before the previous Petro-Yuan proposed implementation date (Jan. 18, 2018.) Petri-Yuan Rollout out for Gold + tariff conflicts may be the turning over of the table as the US Dollar may fall for 89 on the Dollar index to 84 or 80 or even lower (next support levels.)
Hi Bill – my commentary was based on intel shared by Rickards, shared in Oct Australia – and posted on dailyreckoning website – providing a time frame of NK missle delivery capabilities – Rickards was quoting what was discussed by Pompeo. The Petro-Yuan is another subject and your update is appreciated. Everything is getting more tense – James just posted an article by Byron Searle on a false flag on Washington – entirely unsettling… I hope this word is dead wrong.
James today I noticed that I could not buy FAZ. Something to do with ppiir documents in our country, That reminded me at your 7.7.14 dream where you were not able to buy it too, In a quiet meditating moment on it I heard a voice in me “tell James so he will not be too late”. So I decided to do this. As always please seek your own confirmation with our Lord for the right time for you. God bless.
Ronard,
Which country do you live in?
Thanks Ronald. I hope it works out for you to buy some.
Had dream this morning where the Dow was down >1,000 points in a single day either intra day or at close. No timing given. First dream for a while about equities.
Thanks for sharing that confirmation Fred. I think we’ll see the fulfillment within the next few weeks.
So I just logged onto my Binance account today, only to find that someone had gotten into my account and sold all of my coins. Everything was converted to BTC and they tried to drive up the price of VIA by putting all my BTC into a high limit order for VIA. Fortunately Binance caught this and stopped the order from going through. I just recently changed my password and have the 2FA auth so I have no idea how this could happen. Someone from Russia did try to get into my account a couple weeks ago and that is when I changed my password and set up 2FA. Now I am trying to transfer out all of my BTC but it is suspended. Hopefully no one else had this issue. Fortunately it looks like I still have most if not all of my balance intact, but it was very disconcerting to say the least! Not sure what to do now.
Kirk, your computer is probably infected with a malware. That is why whenever you change your password the hackers know about it (some kind of computer bug may be on your computer reading what you type on your keyboard which sends the info to the hackers…. so not matter how many times you change your password they will get the info).
Last weekend I clicked on a link connected to a scam . When I realized it was a scam I turned my computer off. I did not know what to do so I prayed about it and felt the Lord leading me to buy a brand new computer and use the potentially infected computer for only non crypto and non financial stuff.
What is $ 300-400 for an extra computer compared with the risks of losing tens of thousands Dollars worth of crypto …. and losing sleep over it!
Something for you to consider !
Shalom!
Wow, that is amazing Kirk, especially since Binance has more security features than other exchanges. Glad to hear they stopped the thief. Bittrex has more security features than any exchange I have seen so far plus a great selection.
Hi Kirk,
I got the same experience! I was holding LTC in my binance account and log in to find LTC had been sold into BTC and the hackers used BTC to buy VIA coins! The transaction of the VIA coins had since been reversed, but I am losing money as LTC has appreciated against BTC.
My computer is a new one, no malware, nothing. I had setup 2 factor authentication like you thus I am not sure how the hackers get into my account. I did not use any bots or touch their APIs
Thanks for sharing that John T. That would be upsetting, but glad to hear at least disaster was avoided. Bittrex has added security features unavailable on Binance or other exchanges. I feel safe on Bittrex and GDAX, so I am avoiding all others for now.
Hi Kirk,
It seems like we have been to a binance phishing site (website with seemingly same url) that stole our password. I recalled last month, I visited binance website, tried to log in and the website said my account was hacked??? I received an email and some other funny things happened. That must be the phishing website that stole my password.
https://coincentral.com/binance-funds-safe-users-affected-api-hack-will-unauthorized-trades-reversed/
https://safety.yahoo.com/Security/PHISHING-SITE.html
Changed your password now.
Hi John, it still seems weird. I can’t even get into my own site with my password until I get the auth code from my cellphone text. They don’t have that, so I don’t know how they got around it.
Hi Kirk,
The hackers did that to all the people that went to their plishing site, including me. There are security loopholes for getting auth code from your phone and google authenticator. I did a google search but could not understand fully as I am not a technical person.
Kirk, you are not alone according to the articles I have been reading. Were you using a bot to trade in your account? Need to know this. Thanks, MOSES
Read the sites and sentences below please:
https://cointelegraph.com/news/possible-hack-of-third-party-tools-affects-binance-exchange-users
Regarding the recent security issue with Binance, the alleged hackers cashed out by setting extremely high sell orders on Viacoin and funneling money through compromised API keys. This led to a price jump of almost more than 100x within just a matter of minutes. This comes to light right after Japan announces they will be shutting down certain exchanges in regards to cyber-security. Where the Binance servers are currently located.
https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-punish-several-cryptocurrency-exchanges-sources-idUSKCN1GJ1AE
Until further FUD is cleared, we recommend moving tokens to personal wallets and steering clear of external API services.
Japan’s financial regulator will slap administrative punishment notices on several cryptocurrency exchanges this week and plans to force some to suspend their business, people with direct knowledge of the matter said on Wednesday.
https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-punish-several-cryptocurrency-exchanges-sources-idUSKCN1GJ1AE
Hi Moses, no I was not using a bot, I don’t even know how to do that. Also, I did not have an API set up. I don’t know what that is either. Binance is now calling it a preplanned large scale phishing and stealing attempt. They are calling the perpetrators hackers. I did have an unauthorized login to my account a few weeks ago by someone in Russia. They must have set up an API at that time on my account and let it sit until the preplanned moment. I reset my password and set up a 2FA auth but I guess it was too late. I’m just grateful that it was caught in time so I did not lose all of my deposits, just a few more hairs. There is an article about it posted on the binance site now. Thank you everyone for your comments.
Hi Kirk,
I have heard that Binance put out a blog post explaining what happened with the hacking incident. The Youtuber in the link below does an excellent job of explaining what transpired in the second half of his video. The site was compromised a couple of months ago and all of this was strategically planned by the perpetrators, however amazingly, the hackers were the ones who ended up losing $. That’s because they had purchased the initial VIA coins (that everyone’s hacked account was trying to buy) with their own money and made off with nothing. Basically, when they were trying to run off with the BTC (that they used their VIA sale proceeds to purchase) and transfer it out of the exchange, Binance’s tools picked it up within 2 minutes of noticing all the strange activity and froze all withdrawals. So the hackers never got away with it, and they lost all their VIA coin, which Binance seized and ended up donating to charity. Finally a win for the crypto exchanges? https://www.youtube.com/watch?v=I36XXYBEUb0
Also – in the first half of the video, he reveals a key piece that may very well be underlying some of BTC price drops in the last couple of months. Ties back in to the Mt Gox exchange scandal from a few years ago where the exchange was hacked and 700.000+ Bitcoins were stolen…very interesting.
Shalom!
Thanks Matt, it sure is great that no one lost their money – except the hackers !
Thanks for explaining that Matt Cdn.
Kirk, don’t go to any Russian website including Yobit exchange. Clear your computers of any viruses that track everything you type. Make sure no smart tv is behind you when you are on the computer. Smart TVs have a small camera in the middle of the screen that watch everything in front of it, and can be used by manufacturer, NSA, and/or hackers.
I have AVAST anti-virus program on my computer and I went to a crypto currency site today and a program tried to download a virus miner on my computer but AVAST caught it and prevented it from happening. Love that AVAST. Blessings, MOSES
It was in the database with definitions of Avast or the heuristic engine caught it. But not all viruses are detected. A solution to this would be running the browser use for web surfing in a protected environment. It is called sandbox. There are some programs for that. I use Sandboxie. It’s a paid software. The free version has a nag screen at the opening for a few seconds. Sandboxie has the option to delete the sandbox content after you close the browser. Comodo antivirus and Comodo firewall also have a function to run browsers virtual / in container. It is recommended to use a browser for web surfing and another browser only for exchanges and e-mail (because of the dangerous add-ons). I know that Avast has SafeZone browser that blocks phishing scams, hackers and ads. But I doesn’t have sandbox technology. It is an enhanced security browser just like Comodo Dragon.
Robert: Thank you for those tips. I have downloaded Sandboxie and it is running on my computer. Does the free version protect my computer? Thanks, MOSES
Hi Robert, thanks for the great info !
I have a printer so I will use it to retrieve my addresses ( option 1).
I already had a virus years ago on a different computer and I had to reformat it (I did not do it myself, an IT guy did it for me) . However, I had all sorts of weird stuff happen to my computer after the reformat. That is why I made the decision of using my infected computer only for non financial and non crypto stuff and I won’t bother have it reformatted (I feel I cannot be 100% sure that the job done by any IT guy will result in a 100% virus free computer). So instead I will “quarantine “ my infected computer and this way I will feel 100% safe!
Thanks for taking time to answer my questions, it is REALLY appreciated. I can see you really know your stuff and it may even help other Z3 members to better secure their info and assets.
Many Blessings to you !
Sonia,
I am using the free antivirus software, called ” 360 total security “. This software has indeed stopped all virus attack for me. This software was developed by a Chinese company. Its share value is among the top 3. It owns the WeChat. This software has the international version. You can think about to download it and kill all the virus. Three months ago, there was a virus called ” want to cry ” or something else. This software has detected this virus and has protected Chinese computers. I also pray to God and ask God to send angel to protect all my accounts. The download link is https://www.360totalsecurity.com/en/download-free-antivirus/
Thanks William. I will look into it.
Blessings !
Kirk, the issue is with Binance. They say it’s not a hack, and all suspicious tx’s have been reversed and all coins safe. Lots of FUD on the forums. Seems they have sorted it out quickly. This coupled with talk of forced registration of exchanges seems to be the reason for today’s across the board drop. https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/
Nick, wouldn’t Binance try and salvage it’s reputation by saying there was no hack when in reality there was one? Take a look at the news below. It looks like they are admitting that those Binance users using API keys were actually hacked, so I do not know how they can say there was no hacking:
https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/
In its initial statement on Reddit, Binance said it was investigating these reports, announcing all withdrawals had been suspended but pushing back against claims that the platform was hacked.
“As of this moment, the only confirmed victims have registered API keys (to use with trading bots or otherwise). There is no evidence of the Binance platform being compromised,” the post said. “Please remain patient and we will provide an update as quickly as possible.”
Discussion on Reddit indicated that investors using trading bots may have fallen victim to stolen API keys, but it is unclear how widespread the issue was.
I’m on the FAZ and UVXY ride. Ready for the BIG splash down 😁
Today’s Marketwatch headline: Dow skids below 24,000, tumbling over 700 points on trade-war fears – so as the article suggests – this rattled the markets – there may be some repercussions on Monday when PetroYuan futures kicks off – might this push the dollar lower and PM’s up?
I think that the Dow will continue to slide through Friday and into next week
Based on….?
Based on recent experience. Similar Drop happened in Early February, where a dip started on Thursday, worsened on Friday (666 drop in the Dow) and dipped even worse on the following Monday.
Trade War is serious. Petro-Yuan (Chinese currency to trade crude oil) is starting on Monday March 26. Tensions are rising, this is not easy to fix. The fear is real and serious.
I don’t doubt it. Just wanted to know what you’re thinking was.
Yes Cunny Fred – this could trigger further commotion going forward – China will not sit idle – not sure what impact (deliberate?) the PetroYuan futures might have next week. Have not seen Phanuel of recent here at Z3. I scaled into S&P short positions based on his March 13 word. If he is correct – this downtrend contnues…
I had a dream the other night about a single engine type Cessna plane that had crashed. As I observed the mangled wreckage on the ground, I noticed the serial number on the wing that started with 1FZ—— ( the only characters I can remember ). Somehow I knew how to use that number to trace the plane’s manufacturer, owner, flight origin, and especially what caused the crash. I guess I was a CSI or something, but my partner and I as hard as we tried, couldn’t find any information at all about the plane. Nor who and or what caused the crash. Everything about it was a complete mystery. Then I heard my partner say, “Unseen hand.” EOD
If this dream is from the Lord, my only conclusion is that these strong pullbacks and crashes across the board, are being orchestrated by forces with nefarious motives.
Bob, I think your dream is related to equities (i.e., Cessna = airplane = equities). I agree with SNS that 1FZ relates to FAZ. Your dream may be saying that equities are going to crash, therefore the Lord is instructing you to purchase FAZ (inverse ETF)?
The phrase “Unseen hand” can also refer to the fact that it’s the Lord who is orchestrating the equities crash, so no one would be able to figure out the exact reason for the crash.
Interestingly, a type of Cessna plane (DC-6A and DC-6B) earned its certification on Oct 29, 1929 – the day of the great stock market crash. If you do some research you’ll find that no one knew what exactly caused the stock market crash back then (The Great Crash by John K Galbraith is a great read for those interested). I think the Lord is saying that this upcoming crash will be similar in nature.
Brain C. Wow! That’s great insight! I also had the thought that the market would crash and 1FZ was like an arrow up for FAZ.
I’ve been buying FAZ every time it drops below $10. It’s possible the “unseen hand refers to the Lord however, it felt like there was something more sinister at play. But we all know the Lord can turn that which was meant for evil into good.Thanks for the response Brian!
FAZ. SNS.
James – I reread your post and in the quoted section it mentioned “”sometime in April”” – related to the determination of the larger scope of tariffs on imports from China (Section 301 related). A recent March 13th article at Politico mentions “”Those tariffs are expected to be rolled out as soon as next week, the officials said, adding that the timing could slip.”” So we could see the markets shaken by these developments even before””sometime in April””. I have been waiting on the sidelines – in regards to shorting the market (been considering your March 27th date) – but I have a sense now to scale into some April 20 expiry options. All indices are showing signs of gradual movement down the last few days – and could be a sign of a full-out drop – similar to the last drop – which developed slowly and caught a lot of people (including me) by surprise once it gained momentum..
I think this week was the calm before the storm for equities with February’s volatility returning next week and continuing until finally hitting the bottom on Friday, April 6.