Topic: WARNING: crypto-currencies are very likely going to experience a crash soon - page 2. (Read 10870 times)

I believe we should all give TPTB some heat regarding his prediciton of double digits BTC in 2016.

I have also stated that I thought that when gold crashes below $1000 (and likely below $850) this year, then Bitcoin would also likely get caught up in the contagion and sell off to below $150 perhaps back to double-digits.

This is laughable.

Why do you always sound like you're having a meltdown?

1 sentence long spamming while crying Troll again ?

Do you "discuss" altcoins or only post ETH spam and cry troll ?

If you can not carry on an intelligent conversation maybe leave it up to those of us that can.

or just post more cat pictures and cheerlead for ETH and cry troll some more.
After all your pretty damn good at it..

Everything this guy says is more irrational speculation.  

This guy is the ultimate troll, like the guy trying to pretend he is the creator of Bitcoin.

You disingenuous trolls will never stop twisting what I wrote into something I didn't write.

I predicted a month or in advance the precise price $320 and timing "summer" that the price would rise and peak at, and then decline from. That sort of exact prediction provides an opportunity to go long and then short, profiting in both directions.

And in fact, there are some people in this forum who can vouch that they shorted at $320 based on my recommendation and they made money on it. I know who they are.

So basically you're saying that you predicted it could go UP or DOWN!
Then you really haven't predicted anything!

Everyone already knows this...

March 14 is also Pi day 

The mathematical point I am making is that the correlation can be quite strong when the time axis of gold or BTC is shifted such that they align better. Just slide gold along the time axis, and you see the correlation is much stronger. This sliding variable is another dimension. Armstrong's computer model does this automatically and not just over 2 dimensions, but unbounded dimensional search which is why it requires a supercomputer.

If two things are correlated by only a constant time-shifted, then they are correlated. If something always goes up with the other goes down, that is correlated and if the former always goes down again after going up thus predicting that the other will go up after it goes down. Then the longer-term downtrend since 2014 is dominant and mutually correlated.

Any chance you can post a link to a decent chart with filter?

I said they are highly correlated if a smoothing filter is applied. Gold does a dead-cat pump, then BTC does, repeat. And the overall trend of the two is down since start of 2014 (gold's decent started 2011 but BTC hadn't yet matured and was in the early adopter phase).

The mistake of the above chart is the same reason that Armstrong's computer can detect patterns that humans miss. The above chart only considers one-dimension for the time axis. Whereas, my explanation has 2 dimensions for the time-axis.

they can be controlled by having many coins and staking easy money, there are possible attack even with pos coin, search for it on google, you just need a certain amount to do it

What about the possibility of PoS coins such as BlackCoin or PeerCoin that have no need to be mined, thus they cannot be controlled by mining concerns?

This kind of reminds me of when Bitcoin prices sharply rose at the end of 2013, those events were also followed by a massive crash.
I would not be too surprised if that happened again this year, but it's still a bit too soon I think.

If you look at Ethereum, there is still way too much buy support and no-one has really started dumping their coins yet, but this could change any time soon.

I wish people would stop crying FUD (to defend bad behavior year after year)

And "Crash"

It's been dying a slow and continues death for a long looooong time now.
How many YEARS have i been here predicting it to people who even deny it's happening ?

Take Polo mod's who called me a FUDster when i said "Altcoins were dying off over time"
I was told i was FUD'ing by Polo mod's and then told i was a liar making up false comments
then not long after that i got banned.

They are liars.
They are deceitful.
They are protecting their "groomed" victims.

I said the user base across crypto has been decimated and shrunk by a large amount last 2 years or so..
Since the great late 2013 frenzy.. i was told this is pure lies and that Polo's user base had been an all-time high
and they are getting more new users now than when they did when i visited them in early 2014'ish
which i might add back then the chat box scrolled by at mach 2 back then..
It was pretty much impossible to get a comment seen by anyone it scrolled up & away so fast.
And many of you know that because they were there with me !
Apparently that didn't happen.. must have been a dream huh ?
I told the Polo mod this part.. and i said look around you can go almost all night here with not 1 comment.
it wasn't like that !

I said the Altcoin SCENE as a whole.. Polo plays a small part of.
Whether that dumb fuck scammy idiot Polo mod retard wants to spout off crazy unprovable claims is another matter.
The fact is crypto died off hard..

My town had North America's 2nd ATM for BTC in Kelowna (first being Vancouver CAN)
It was closed loooooooong ago boys & girls.

Try spending your "denial coins" at the store and see what it buys you..

PS:
Poloniex your a sack of scammy ass bullshit.. fucking idiots.
You stupid losers lost my respect 1,000x over again.. eat a bag of dicks.
And i can't want until you take your turn to cry "I was hacked" i will laugh my ass off ROFL

Who needs Armstrong when I've posted exactly when the last two Bitcoin pumps would occur and when the drop would occur and where it would go:

Rise #1 - https://bitcointalksearch.org/topic/gentlemen-i-think-its-safe-to-say-were-the-new-halving-elite-1200114

Rise #1 dump forecast:  http://bitcointalk.org/index.php?topic=178336.msg13552132#msg13552132

Rise #2 - https://bitcointalksearch.org/topic/m.13866938

^The summary of that is, I went all in at $230, sold at $44x, went all in again at $375.

Or you can follow the famous MatTheCat reverse indicator and just do the opposite of whatever he does:

So your main source is this smoke seller. A magician of economic prediction.

With his magic sphere  he already knows what will happen to the price of gold in the next days ,and he will tell you this TOP SECRET information in a few pages(edit : and a video!!) for only $ 500!

But you have to hurry! It is going to happen soon! Let's buy my 30 pages  guide for Only 500 dollar!

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/2016-gold-report-goes-out-today/


Dear TPTB_need_war you look like an intelligent person, do not to give money to this scammer.

The world is "short" on dollar?I have a super computer with a super algoritm and i can proove it?

C'mon is like the scientology of trading. AND THIS IS NOT A VALID SOURCE. IS A PRODUCT SCHEME NAMED AMSTRONG ECONOMICS.

WE HAVE SUPER COMPUTERS!!AHAHAHAHAHHAHAHAHA


tries to compare with a real one:

http://moslereconomics.com/


BTW this thread is really interesting.

The problem for Bitcoin though is that a lot of the investment into the network and supporting infrastructure can be repurposed fairly easily to work with other crypto currencies.

If the devs and all the other movers and shakers continue to plod along thinking they are "too big to fail", they are in for a rude surprise. There is no government backing, and the corporate backing can quickly flow to a new blockchain.

A lot of new money has found its way into cryptos in the last few weeks.

Since Anonymint posted the OP half of the alts reached a new ATH and the other half went from sleeper to rising

10/10

I also fully agree with your post, no way Bitcoin won't rise with the amount of exposure it got in the recent months.