I understand the sceptics, but I think we need to be careful to make conclusion about Armstrong's work and quality - he might be very well correct about the mid and long term trends.
We discussed on the other page how disconnected is everything in the market and it seems everything work against logic and common sense. Armstrong said this in early 2015: "The future will be the decoupling of stock prices from earnings because we are dealing with capital preservation.". It is very possible the "capital preservation" causes this uncertainty on the market. That means the fundamentals pull down the market, but the capital preservation has also started. If that's true then we will get to the 23K which was mentioned above. (I would expect the market test the February lows before that).

Don't troll and harass Klee.

He is doing a quite exceptional work by putting his reputation on the line every day by publishing his market predictions based on technicalities. That's the bravest and most ambitious any analyst can do. I used to read his thread where he publishes his market analysises (I think the thread is closed). Regardless from the result, what he does is cool. At least he, unlike these fucking ICO scammers tries to contribute something.

Sounds reasonable, but please note if Marty Armstrong is correct about the sovereign debt crisis, the capital inflow to the US - I think he is correct about that - and all its consequences worldwide including but not limited to civil unrests and the power shift to East Asia, then we have a very unique situation, which will result in lot more radical solutions what Stockon suggests.

... and mad as a hatter. Also delusional like a fiction writer.
You clown have been building up your TPTB_need_war profile for a year by flooding this forum with your high level, theoretical verbal diarrhea and lecturing the Bitcoin, Ethereum, Monero, Bitshare, DASH, LTC and all communities to project the picture of an ethical, righteous crypto developer. And then, you clown ran out your 20 BTC money - which was your net worth BTW at age 50 so now your net worth is 1 BTC, again at age 50 -, threw away your TPTB_need_war ethical profile and came back with the genius idea of "scam is good for the ecosystem". This happened after you said, "goodbye everyone, I will never come back here, I go away to make history" ... and then 2 days later you back to troll this thread. What a fucking, useless clown you are? :-))))
You have been living your life as TPTB_need_war on this forum for a whole year, insulting virtually everybody and arguing for the ethical crypto ecosystem in 24/7. Now you need a P&D because you are penniless, and now you are arguing for P&D and speculation. Again, after you said "goodbye everyone, I will never come back here, I go away to make history". My friend, you are one sick mother fucker.

As for that uber talent, the young gmaxwell destroyed you in 5 sentences. That's your talent. Totally useless. No wonder you contributed zero line code to crypto during your whole useless life.

You remind me of the black knight from the Monty Python you penniless, unproductive clown - except the black knight is a rational individual compared to you.

https://www.youtube.com/watch?v=mjEcj8KpuJw

Go away, and come back when you can write some software.

He is great, isn't he? I enjoy watching him on CNBC and Bloomberg, though the Wall Street shills always try to shut him down. He is brilliant. I got that book on Kindle, but I haven't read it.
There are rumors he will be on Trump's economy team if Trump win. I hope that will be the case, because Stockman is a smart man.

On the note of FED here is the view of a wise man. Interesting what he says about the FED

http://www.bloomberg.com/politics/videos/2016-06-08/david-stockman-s-view-of-trump-vs-clinton

I quote Stockman in this thread because he and Armstrong have very similar views on FED and economy.

On the note of FED here is the view of a wise man. Interesting what he says about the FED

http://www.bloomberg.com/politics/videos/2016-06-08/david-stockman-s-view-of-trump-vs-clinton

When the Goldman Sachs sockpuppets who control the FED and ECB could create/maintain a lot more ethical market space than this gambling swamp is then we have a serious problem in cryptocurrency.

Satoshi's idea is the greatest innovation since the born of Internet. You can argue as long as you want, but that is not right that the nice, libertarian, socially important and progressive idea of decentralized cryptocurrency has been transformed into a gambling swamp of lowlife charlatans like this TPTP_need_war, his scam-buddy jl777, the IOTA scammers, the LISK scammers, etc.

I agree.

A public stock IPO indeed is a very different matter. I am the first who point out how much manipulated the casino market is, how the sockpuppets of Goldman Sachs in the FED and ECB and their free QE money destroy the whole economy (you understand well what David Stockman and of course Armstrong say about the crooks of Wall Street). I say all the time how stock buybacks and other corporate level malarkeys damage the free market, but the public stocks via an IPO are
a) issued by a regulated company
b) reveal the available capital, resources as well people who run the company
c) most importantly, unlike these scammers in your newly discovered gambling paradise - that transfers Satoshi's fantastic decentralized currency idea into a swamp -, the public stock companies create real products for real people.

What your fucking scams buddies like jl777, the chief waporvare asset wizard do? They create zero real world users nor they serve any real world businesses by riding the waves of Bitcoin - that was intended to be a real product and a great innovation until the communist Chinese politburo took it over -, your scam buddies release one vaporware after each other and then shill that absolutely nothing to the idiots.  

Which is most astonishing, you are saying to us: "no, no you must accept the reality that there are scammers and speculators in crypto." you are saying "Don't moralize, scamming is the reality. If you don't accept there are scammers then you are blind, irrational, etc" ... on the other hand, you think it is perfectly rational to refuse accepting that the stock market is run by TPTB, the central banks, and the boyz ... so you are moralizing and fighting against the whole world ... and it seems your only instrument in your Monty Python crusade is to release a new scam to the gambling swamp. Hahahaha. I have to conclude, you are hypocrite and a fucking idiot, albeit an articulated one.

RUT small-cap index usually indicates the direction and then DJIA, SPX catch up. The state of RUT I think confuses Armstrong, Caldaro, Avi Gilburt, etc. and partly that's why they are flip-flopping as it seems RUT is  quite determined to rally, and they think DJIA/SPX will follow. On the other hand all fundamentals such as non-farm payroll data, number of IPOs, ISM index, S&P 500 Price-to-Sales ratio, etc. suggest a pull-back. To be honest I was expecting either a healthy rally or a dramatic pullback from Monday morning that's why I opened a long straddle, but this DJIA 120 points is not very impressive at all. We will know more by the end of the day ... or we will know even less 

Yeah, yeah. Your associate has been fucking jl777, James, the chief waporvare asset wizard of this gambling swamp who has been scamming the idiots for years without creating any real world users for cryptocurrency. He scammed out over $5 million, plus the latest Waves scam in which he is "advisor", but he has created nothing except bagholders. His coins and assets used by nobody except by his shills. His coins and assets serve and used by precisely zero (0, nill, нуль, null, 零) businesses. Fine partner and a proper match for you.

Warning! IOTA shill/sockpuppet alert.

We saw many penny stocks as a scam in the past. Many of them will never be a successful business, and we see the penny stocks as very high risk investment, many of them perhaps a scam. But if you think about it, actually in all those penny stocks, some real, registered and regulated small businesses try to create a real product for real people. The products of most of those penny stock businesses are actually used by real people as well. Not all but most.

On the other hand, all these fucking coins (except Bitcoin) used by absolutely nobody except from the shills who try to realize that 50x ROI by getting noobs, naives and idiots into the coins and consequently making bagholders from the lunch money investors. That's how bad this cryptocurrency gambling swamp is. When penny stocks seems superior to cryptocurrency terms of usability and real substance then we are having a big problem in this whole cryptocurrency market.

OK, you are quite right to say that, but please note, nobody is having a fucking clue about what is happening on the market.

Caldaro, from a bear transformed into a bull, now he is in the bull camp and he blames the PPT (Plunge Protection Team), and he is one of the most intelligent analysts. All technicals and fundamentals contradict this rally, so people are confused. For example the number of IPOs is at historically low which would indicate a bear market should come. The VIX was historically low, which would indicate a sudden pull back. Still the rally is on. In the past, Armstrong would say: the market is not tradeable, get out. So he was honest. My trade were always long straddle in that situation and it always worked just fine. Now Armstrong is saying nothing useful or flip-flopping, because he has no clue as well. So yes, since Friday everyone is a bull again.

I am not overly worried about the situation. If the SPX 2131 resistance dont hold then we could have the case for a bull market, but who knows. In this situation I am on long straddle again, nothing can go wrong with that.

Saddly, it seems he is.

After long long months of lecturing the whole world from the moral high and pointing out (quite rightly so) the issues with Bitcoin, Ethereum, monero, DASH, etc. and being the crusader of an ICO free and transparent cryptocurrency ecosystem, he came out with a different message. Sadly and most likely the new message is the real one. He revealed that his associate has been fucking jl777, James, the chief waporvare asset wizard of this gambling swamp who has been scamming the idiots for years without creating any real world users for cryptocurrency. So TPTB_need_war has suddenly realized, speculation and ICO is actually great for cryptocurrency. These cryptocurrencies actually are used by nobody except from the shills who try to realize that 50x ROI by getting noobs, naives and idiots into the coins and making bagholders from the lunch money investors? No problem. TPTB_need_war/Anonymint happy with that.

As you can see, he started the who is the bigger dick competition with me, which is an uphill battle from his viewpoint (after all I have been an accomplished troll since 1990, the born of Internet and my first Compuserve account). Never mind, he talks all that bollocks to get the attention like why I am not scrutinizing Bitcoin and other cryptos. At the same time, anybody can read my posts in the Arsmtrong thread and my opinion about the Chinese influence in Bitcoin. Also, I've said publicly, despite I was one of the first investors of Ethereum in 2014, I can't support anymore Vitalik and Gavin Wood, not their DAO scam. Anyway, and again, I am sad to admit, but DecentralizeEconomics quite right about him as well.

We don't engage with scammers in any form of businesses, not even in betting. We ridicule the scammers, call them piece of shit scammers, but don't do business with the IOTA scammers. That's all they got: try to discredit the critics by coming up with all kind of absurd and nonsense bets and then they will cry for weeks by going to all possible threads of this forum "boohhhoooo, he didn't take the bet". In fact, these two clowns come up with a bet every 24 hours. Tell him, you dick is small. He will set up a bet to settle the matter. Tell him your asshole is not tight enough for the horny prison population. I guarantee, the clowns will offer a bet. However, you don't legitimate the existence of a scammer who transformed cryptocurrency into this gambling swamp by accepting any business offer from them.


Good questions, but there is nothing new with regards to this. The measure of success cannot be what normally is a success in the gambling swamp. I have no doubt they will deliver 20-50x ROI for the greedy shills who promote their scam so hard, but how can be a success to create many bagholders and losers? All P&D coins - like IOTA will be - inevitably results in an army of bagholders who lose money. That is not a success, even if the creators of the scam and their shills make money.

I stand by my statement: IOTA will be never used by any TOP100 bluechip IoT business for IoT micropayments, which is the primary use case of IOTA. Nobody from the industry that matters will touch the decentralized micropayments offering (note, meaningless Hong Kong based lonely professionals, their partners are irrelevant in IoT). At the same time that is the primary use cases of IOTA. I was right about their Microsoft Azure hype (I said the sign-up based relation with MSFT means nothing) and I am correct about the IoT use case as well.

I have to agree with that. In the land of idiots and wannabe rich momma-base operator 1 BTC investment size dickheads who invested in the blatant scam of LISK of course won't work any rational argument.

PS:
The "it is FUD, because they want cheap coin" cry was a nonsense and outdated in 2014. Nobody with IQ over 80 and age over 16 wants this scam shit. But of course you know that, you are just a pathetic shill.

Spoetnik is a national treasure. He is absolutely correct in pointing out those facts that was quoted in the OP. Those greedy, wannabe rich idiots who buy into the blatant scams of IOTA, LISK, WAVES, etc. and assist to those ICO creator assholes should start listening Spoetnik.

You are buthurt TPTB_need_war and talking nonsense.

Do you disagree that the great idea of Satoshi, the socially important concept of decentralized cryptocurrency that could be a tool to liberate a generation from the crocks of Wall Street slowly but surely is becoming a gambling swamp of wannabe rich, greedy schmucks? What can be good in such ICO/IPO originated speculation that inevitably creates bagholders and financial losses for many?
 

Lame video which fails to grab the essence of this situation.

a) We have a 37 years old virgin from the shithole of communist Belarus who is having no moral issue with taking money from the noobs, naives and idiots by creating one P&D after another. He is even proud, that - from the land of Lukashenko dick-sucker servants and peasants - he is able to scam money from us, westerners, though we provide that shithole with anything that is related with civilization including but not limited to Internet, computer, the great club of Manchester United and the movies of Arnold Schwarzenegger.

b) We have a 28 years old momma-basement CEO who is addicted to poker, but he could never make the final table. He operates his scam without office, without member of staff and of course any real development. The army of shills and sockpuppets of the blatant IOTA scam call him David. His investors (behind his back) call him asshole and wanker.

c) Here I am, who is committed to remove this cancer from the failing body of cryptocurrency movement. It is a tragedy that these wankers, greedy shills and wannabe rich idiots transformed the noble idea of Satoshi Nakamoto into a gambling microcosmos. These assholes created a terribly immoral playground of greedy money grabbers. Ironically, the good news is that every P&D produces losers and bagholders, therefore no doubt, these two scammers will end up in jail. The consolation of IOTA bagholders is that the horny prison population will be having a great time in playing with two tight assholes, as the IOTA leaders will be the fuckbuddies of big-dick alpha males of the prison. (again, we are talking about a 37 years old virgin and momma-basement boy).

This is the present and the future not that video.