Bitcoin still has another 11 months to hit a low of $150 if we look at Armstrongs ECM model (publc vs private waves)
AnonyMint (aka UnunoctiumTesticles and many other names) claimed $150 by the end of this year, not Armstrong. I don't even know what Armstrong's position on bitcoin is.
You are a fucking liar. Try to quote me in full context. I never claimed $150 by the end of the year, rather I am claiming a low in all Private assets before
2015.75 (i.e. Oct. 2015), which is Armstrong's ECM model.
I know Anonymint thinks it's a POS, because of some ideas he came up with on how to attack and destroy it. Ideas that bitcoin devs and many others explained would not work, even show a lack of understanding of how bitcoin actually works, but which Anonymint stuck to as the absolute truth no matter what.
I will not waste my time correcting your (loser ass) lies and imbecile level of reading comprehension.
Am I understanding it correctly that according to the ECM the dollar will continue to rally until at least a couple of years after 2015.75? Also in accordance with the coming bull market in equity?
I'm quite fine with lower lows, as that can give some time to accumulate a bit.
mil·len·ni·um
məˈlenēəm/
noun
plural noun: millennia
1.
a period of a thousand years, especially when calculated from the traditional date of the birth of Christ.
The global ECM turns down every 8.6 years (1 millennia or 1000 days x Pi) so it last peaked in 2007.15, which is when the pin event pricked the sub-prime real estate crisis (early stage of the Sovereign Debt Bubble). We are in a Private Wave cycle (alternates every 51.6 years, i.e. 6 cycles x 8.6) so every peak can be another major step towards moving towards maximum move to Private assets by 2032. So in 2015.75 we can expect the pin to be pricked on the next wave of massive Public (Sovereign nation) bonds contaion. Thus from 2011.45 until 2015.75, we've had a reprieve from the move to Private assets while the pressure cooker has been building on the Sovereign bond collapse coming, e.g. Mario Gaghi ECB head took many actions to buy time and load that pressure cooker to the maximum.
The dollar has been strengthening a bit since we turned the corner mid-way though this 8.6 cycle in 2011.45, and should continue to increase as rest of the world is collapsing and capital is flowing back (egressing) from the periphery markets back to the reserve currency market (dollar). As the move to Private assets accelerates anew after 2015.75 when the Sovereign Debt Big Bang pin is pricked, the likely beneficiary is also the dollar based stock market, because the Private companies will be seen as a mainstream Private asset (alternative to collapsing Public bonds). Thus the dollar may strengthen along with other Private assets, such as gold, real estate, collectibles, tangible assets, and crypto-currencies.
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Bitcointalk.org is down, so I will post this there later...
Those who want Obama's 'net neutrality' bullshit, will end up with this:
http://www.coindesk.com/day-reckoning-dark-markets-hundreds-illicit-domains/The mining stocks have broken down through support, thus we are probably moving lower:
http://armstrongeconomics.com/2014/11/13/setting-the-stage-for-the-collapse-in-metals-gold-stocks/Bitcoin is rallying similar to how gold and silver did before they again moved down to lower lows. All "private assets" will continue to make lower highs and lower lows until the turn in the ECM on 2015.75. The prior bounce in Bitcoin was to $666. It won't make it that high this time before turning down again to make lower lows and eventually bottom at or below $200. These are sucker's rallies for those who don't understand the trend in place until 2015.75.