Topic: Scientist predicts world stock market collapse in 3 months - page 2. (Read 8178 times)
Does anyone really truly know if the Bitcoin price is directly tied with the USD? What happens if the USD collapses completely?
Economics is not a science.
It is a religion.
It is a religion.
As soon as this happens the price of Bitcoin will shoot up. Buy now my friends. The world is heading into a very dark era.
The article has an interesting quote though:
Quote
At one point in the interview, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”
argh. So there you can see what these prophets do if they are wrong. They just keep on saying they're right
(I found the same) 
Scientist Predicts 60% Market Collapse
Quote
Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
And he is predicting a 60% stock market collapse will strike in the next three months.
Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.
His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below).
I think this gonna be the much needed boost for bitcoin in the comming months.
The US Federal Reserve will not let assets going down without a stupid fight so they will buy assets to raise the prices
The bubble has been collapsing since 2006, they are just pulling something that resembles a controlled collapse in front of our faces. Sit back and enjoy the fireworks.
People believing in economic doomsday scenarios, are always saying that the doomsday is just a couple of months away. They’ve been wrong for many years. Why should I start believing them now, when they’ve already proven numerous times that their “predictions” are worthless, based on nothing but wishful thinking and clever tricks to sell prepper books, precious metals, survivalist supplies and cryptocurrencies?
Anyway, even if something bad were to happen soon:
Banks can collapse and oil can be depleted.
Work will still get done.
People will still have jobs and exchange goods and services.
People are adaptable. They innovate. They find solutions to their problems. They always have, and they always will. Knowhow, technical skills and the power of innovation doesn’t suddenly disappear just because oil is slowly depleting, banks are failing or unemployment numbers are rising.
And Bitcoin won't go to the Moon anyway. It's going down to a more sustainable level than the current one.
The article did not say much about why he thinks this triple top is inevitable, will watch the video later. I am more interested in his argument than whether it will come true.
US market collapse? US&Europe market collapse? In real terms it has already collapsed, in nominal terms it may even increase more
Newsmax link? Uhhhhh...not particularly credible source, there.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Well the third top shouldnt be exactly as the previous two, but in general view, the graph in fact is seeing very similar on the two previous tops. Speaking about time and percentajes.
I concur, Chris is not a scientist but he does make good points in some of his other articles. He must be extremely confident in this analysis, predictions like this generally just prove the stupidity/hubris of the predictor.
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
It sounds like this guy more or less always says "the world is coming to an end" and eventually he is right so he claims to be right. I would personally not listen to him and would not call him a "scientist"
Newsmax link? Uhhhhh...not particularly credible source, there.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
Is this reporter just making shit up? S&P chart tops around 1500 in 2000. Tops around 1500 again in 2007. It is currently around 1930, which is significantly higher than that other double top.
so how will this translate in btc price?
Yellen will keep interest rates at 0% (or less!) and will keep pumping the markets
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
She is doing it at the moment and the real estate market is not even going up anymore and it is still very gloomy
A recession is much needed, the US Dollar has to collapse and a new world will emerge where the hard working, high producing and saving nations like China will finally be truly paid for their efforts
so chinas blatant currency manipulation, massive housing bubble and artificial central bank run growth is going to work better for them than america? doubt it, if we collapse they're not going to do well either.
This guy makes a living off doomsday proclamations. Google his name and you'll see concerned people discussing him in forums years ago about similar predictions that eventually came up empty.
Not a follower of pattern and technical analysis. The scientists are making fool of himself and it won't take long for readers to realize.
I was not convinced at first, but he called it a dreaded pattern so he must be right.
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