He's an Elliott waver.  I feel like I rarely (never?) see people create Elliott wave charts that actually come true that they can link to people after the fact to prove how great they are at charting.  It's usually more along the lines of them constantly, retroactively altering counts to make their chart fit after it's all already happened.  However, I can't imagine there's any 'smart money' looking to back up the truck at $8k, so he's probably right about it dumping.

Imagine how many Chinese Foxconn slaves would be required to do assembly on 28,000 ASICs that are all just going to go obsolete in a few months anyway.  It's all so ridiculous at this point.  And this enormous level of Chinese overproduction of goods that exports massive deflation to the rest of the world is obviously not sustainable and will end soon, if not by Trump, then by a million other factors.  

After it's all over with, we'll likely have a long period of history in places like the US where you're unable to source any type of electronics at all without going to a pawn shop and buying it used.  We're practically drowning in Chinese electronics now and things like LED screens last a long time so it probably wouldn't even be that big of a deal.

Here's a post for people like Trollgoossens who actually believe Bitcoin is on some sort of clear skies sailing to an "inevitable" future of 500 bazillion dollars per coin.  I'm linking this Anonymint post because I think even prolific shills like Last of the V8s/Popescu actually do believe him and think this will/might happen (it has to do with the anyone can spend segwit coins and forced reversion to pre-segwit):

https://steemit.com/bitcoin/@anonymint/ps965c

And there's my reply to him below:

This post is complete bullshit.  The govt changed margin requirements on the Hunt brothers on the fly to force them to liquidate.  The government forced them from being buyers to being overleveraged, liquidate it all dumpers.  It was government intervention that blew up the Hunt brothers, not your fraudulent claim that silver has "no scarcity".  Silver is in the earth's crust at a 19:1 ratio to gold, but is only mined at a 9:1 ratio of supply.

I don't believe entities like the Pilgrim's Society actually have any valid reasons left to suppress silver anymore.  A lot of that suppression was back when nations like India and China were heavy in silver and they wanted to financially attack them, but most of these non-western countries now seem to be much heavier in gold.  Since the west has a shortfall in gold (probably only 2000 tons gold max in the US if that), the US govt is likely JP Morgan's 'client' that's the heavy buyer of silver and they'll revalue it at some high ratio like 15:1 or 20:1.

I find it ironic the head of the PPT resigns almost on the very day that naked shorting metals seems to have almost no effect now (for anyone looking at current metals market where the last smash was mostly pointless).  My target is around $74/oz silver then dump to $50, then up to $120 as the Jew markets start to unravel.  Then eventually something like $10k gold $500 silver in a new Bretton Woods.

He's also pushing the false claim that Asians are somehow radically smarter than whites.  In reality, the Japanese and Chinese are just more homogeneous with a very narrow bell curve - meaning almost their whole population is simply centered around average or a little above average.  Whites, on the other hand, have a broader bell curve with lots more really stupid people (JayJuanGee) and more renaissance man geniuses.  It is those renaissance men that are the ones who push civilization forward, not the homogenous, average people.

Average people don't invent the plane, train, automobile, internet, electricity, transistor, and everything else.  Math contests for youth are flooded with Chinese, but they never come in at the top and the top level is always dominated by autistic white kids.  If your entire population is 105 IQ with none higher or lower, what good does it really do you if you need ditch diggers anyway while also still needing people who are way smarter than that?  The main thing the west lacks which the Chinese do is aptitude testing to funnel people into their proper specialty.

^Yes, I'm not sure how that guy claims to be good at macro-anything when he completely ignored Japan is the biggest Keynesian dystopia ever created and instead blamed it on partriachal inequality LOL.  The other part is sort of chicken and egg scenario concerning the Keynesianism vs population decline.  Debt based fiats require infinite growth, and the population stopped growing so they require 0% interest rates etc etc.  None of this stuff has anything to do with 'abusive patriarchy'.  The planet simply does not accommodate infinite growth.

*Most* of the Bitcoin shills are not hired.  It's simply a crowd sourced pump and dump scam by shitters hoping to erase 20 years of bad decision making by purchasing an imaginary, valueless token.  Although at the earlier stages of Bitcoin the shilling was done almost entirely by people like Andreas Antonopolous.  He's obviously not traveling ALL OVER the place giving those speeches for free.  He was/is a paid Bitcoin shill.  I'd be interested to know just who all was paying him to shill besides the ones that have already admitted it like Roger Ver.  Wouldn't be suprised to see some Larry Summers money and other evil Jews in there.

You're not very good at macro-anything if you think what I said is not true.  You will need to stick to micro.

You completely ignored the fact (as I mention in my post above) that in a vacuum, if you allocate 50% of the resources to men and 50% to women, the male group is always going to vastly outperform the female group to the point where you can almost consider women holding any resources at all malinvestment for a civilization that's trying to compete against other civilizations.  Then factor in women have no interest in marrying men who are poorer than they are and you're self destructing your own civilization on purpose by trying to artificially rig some 'equitable' outcome.

Women, even while in the workforce, are a large net negative as a tax base (i.e. they're drawing a lot more money from the govt than they put in over their lives).  This is not the case for men.  So technically they're not productive even while working.  It's numerous reasons from living 8-10 years longer, not being evolutionarily designed as resource gatherers so they suck at it, and also stemming from that fact, are terrible at managing money and resources in general.  

If a man is given some type of resources, he may use those resources to generate more resources than he had before.  Allocating the same resources to a woman is usually malinvestment and pointless because the resources will not be used in a productive manner.  So the more patriarchal a nation is, the more likely it is to be an economic powerhouse.  The US is occupied by Jewish Marxists pushing things like feminism (matriarchy), and radical seizure of male assets through the courts, so of course it will be totally useless economically.

I think there are reasons to own both gold and silver, but you did it backwards:

The "stock to flow" scam chart people are posting are just wannabe pump and dump scammers.  Such metrics have absolutely zero correlation with Bitcoin as I explained to Anonymint:

"Hitler was right" now receives 80% upvotes 20% downvotes on Zerohedge.  My work here is done.

Most signs point to the single entity on Bitfinex that's rigged the price all the way from $200 to $20k being the Chinese mining monopoly/cartel - along with facilitation of Giancarlo, Tethers, and the criminal exchange Bitfinex and Binance (also run by Tethers) - so they probably lobbied the govt to allow them to continue their scam of fleecing westerners with artificially rigged high Bitcoin prices. Bitcoin is equivalent to the Chinese federal reserve in practice. The US sends China valueless paper dollars and gets real stuff back, and the Chinese send America imaginary, valueless shitcoins and fleeces them for things of actual value.

I edited an addendum to the post.  Due to activity of the Bitcoin CFO and his past, most signs point to the identity of the single entity rigging the Bitcoin market to be Chicom scammers.  Binance is just as equally exposed to Tether as Bitfinex is for anyone that didn't know and those are the two biggest controllers of the price.  This Giancarlo guy is essentially the gateway in which Chinese criminals, oligarchs, and scammers rig the Bitcoin market:

Thanks for being the only other person in the thread who doesn't seem to be flat out retarded.  The right side of the cup and handle where it pumped up from $4k was entirely artificial and non-aggregate, originating from a single entity.  Just a single green candle straight up.  It's called painting the tape.  They tried to paint a bullish chart signal to trick people into buying.

Bitcoin is probably the fakest market on the entire planet.  People pretend some type of market exists when every movement is always a single entity.  There is no Bitcoin market.  It doesn't exist.  With how ridiculously micromanaged the Bitcoin chart is by this entity, there are very few possibilities of who it could be.  There's clearly an enterprise team that rigs it 24/7 around the clock.

The amount of rigging I've seen is so large and constant the only possibility would either be something like the ESF, a TBTF bank like Goldman, or a bunch of autistic Asians in China sitting around in a room staring at screens all day rigging the market for the Chinese mining cartels and oligarchs.  The criminal Bitfinex owners and their tethers are also part of the scam.  The fact the Bitfinex owner dropped out of medicine to pursue electronics contracts in Asia/China and is now constantly in pictures with people like Zhao Dong means Bitfinex probably just facilitates the Chicom market rigging and fraud but aren't the prime movers themselves.  They probably just take a cut.  So, yea, the most logical conclusion is the entire Bitcoin market is just a Chicom scam.

Bob, I see 0 volume.  Are you on the jenkem?

In the time of chimpanzees I was a Nazi.

Hairy sleeps on a giant Elon Musk bomb instead of buying nickel iron batteries.  May he roast in peace (secret Elon Musk plan to stealth roast Jew shills).

#inRhodesiaWeTrust