Here is my original article with an impetus that Cumberland Maryland in other cities across the country and indeed all jurisdictions that want to quickly invest money into Bitcoin. I'm not going to describe my reasons here again you can read the article below please. Also blew the article I'm going to start up quoting the price of Bitcoin when I originally formulated my idea and with the date next to it. This is part 2 and I will have a part three in a part for its cetera and I will continue to quote the Bitcoin price about a month apart so we can see what we would have garnered on the short-term, and I will base this on $1,000,000 ...just because it's a round number and you can knock off a zero or two to make your calculations easily.

Part 1 Link:

http://mountainmaryland.blogspot.com/2017/10/cumberland-maryland-investment-in.html?m=1

Bitcoin price on October 5, 2017
$ 4400.00 roughly (very close approximation)

Bitcoin price at time of this publication, 300 a.m. November 3, 2017

$  7259.15 per Bitcoin

Gain per Bitcoin:

$ 2860.00 approximately

$ 1,000,000 invested @ $4400 per Bitcoin would have purchased = 227.2727 bitcoins

227.2727 x $2860   = GAIN on Investment of

$ 649,999.92

Or

65 % !!!

Now if we had invested a million we could have been lost a million but we lost several million on a heating system that was junked at the old memorial hospital before it was ever paid for !!! This is not as much of a gamble as so many other things we have done here locally !!!

The proper way to build a fund like this is when it makes a certain percentage of money you leave the principal and place and you pull the extra out so that you hedge your bets so to speak !

When would the city ever make 65% on anything?

We're only going to continue to lose out on this unless we take very very Swift action !!!

A 65% gain in three days under a month !!!

This will probably just be another train that we miss and I hate to be a pessimist because I'm not and that's why I seek Solutions but time and time again in here in this area I see that we missed the boat and we stayed 20 to 30 years behind the rest of modern civilization in the United States.

I'm trying to figure out a way to get us back on point so that we can be setting the bar High instead of chasing dreams that remain on fulfilled.

If the county suggest giving up our Charter, which they have, is there really much left to lose?

When you have the worst heroin epidemic in the whole state of Maryland and maybe even the country as some things have been reported, once again well is there really much left to lose?

If we don't invest in ourselves nobody else is going to believe in this city either !!!

Let's just calculate that we have a population of 15000 people and that if each person gave $67 we would have an easy million dollars to invest and we could even guarantee the percentage back on that and that is the whole point of a public Bond but we might be able to issue these public bonds I have suggested or something of that nature.

I have a great idea if you'd like to help the health of the community here you can remove the floor wide from the water and stop ripping us off for the price of the water which has just grown and Grand to ridiculous levels and you can take this extra savings and placed that into this fund where at least we will have a chance to make some money instead of lose even more and more. Do the research about fluoride and what do you think that's going to cost us in the long run?

Maybe that's an asinine idea right? But maybe it's not. My point is is there's thousands of things we can think of to say the penny here and a dollar there and those things add up and you have to make room in a budget and cut things for the short-term to save for the rainy day and this opportunity is not going to last forever.

If John McAfee says he thinks one Bitcoin can easily be a half a million dollars shouldn't be at least by 1?

The smartest idea yet might be to start our own fund if possible. That could even be managed by a fun of manager similar to mr. novogratz if not by mr. novogratz himself who I have cited in the first article and all you have to do is Google that name and you will quickly see who he is.

We could offer back a decent amount of money to each and every citizen who invest in this planned well and above and beyond their bond maturity amount perhaps by stating something in legal jargon such that once the bond is matured if the overall fund has a growth rate of over 80%that percentage over 80% would be equally divided between all participants. My point here is not so much that it has to follow that suggestion if that is even a possibility but that there could be even an extra and sensitive above and beyond maturity of a simple Bond.

There are so many wonderful things to explore here that we really need to look into and again to figure out how to put $1000000 towards this should be simple and 10,000 should have already been done !

Once again, what's really left to lose when we've almost lost in tire town to heroin???

Governor Hogan

Mayor Brian Grimm

Allegany County Commissioners, Shade, Valentine, Brody

Senators VanHollen and Cardin

Delegates, Mike McKay and continued listings here...

http://msa.maryland.gov/msa/mdmanual/06hse/html/hseal.html

All Maryland Candidates !!!

Maryland Constituents