Liar. The price declined precisely from my predicted $320 price point to the mid-$200s providing an very fast payoff and profitable short. Oh yes I did also post that additional thread too to highlight the points I had made in the PnF thread. And the short did materialize. Note the decline to < $150 has been delayed as I explained upthread (and I have also said that I can't be entirely certain that a decline to < $850 for gold will correlate with a big decline for BTC as well, but I am sticking with that hypothesis). Nevertheless the short from $320 did materialize.

I actually planned to enter the short on Bitfinex (when I discovered I could do it without providing KYC because I don't have the KYC documents here in the Philippines), but one of my inside confidants pleaded with me to not trust Bitfinex, so I decided to remain not a speculator.

I also stated that my stop-loss was $380 and that Bitcoin could go as high as $450 (or I might have written $400 to $500). That was in kLee's PnF thread in the Economics -> Speculation forum. The $320 prediction was in Cypherdorc's thread in that Speculation forum in roughly May. I already explained this upthread here today, why are you lying and making me repeat myself.

Smooth I hope you delete his post and my post as offtopic. I clicked show/hide on his post here in this thread since this isn't the Dash disinformation thread where I put him on Ignore based on his ad hominem. I am not reading his posts there.

The Fed tries to control confidence. Panama Papers was another blow. The globalists are doing this shit. They are doing creative destruction on their nation-states to usher in the new global monetary reserve unit that won't be owned by any country. Armstrong thinks it is just the natural outcome and not coordinated. I think it is both, the coordination is a natural outcome. Doesn't really matter if I am correct or not, except that I see the coming global monetary reserve unit as a repeat of the Euro slavery model of loaning in undebased currency and forcing the slaves to pay back in debased economies, but on a global scale. Debt forgiveness is not allowed, increase the debt to pay the debt.

Sorry to be so frank, but do you have the inability to see certain words in what I write? Did you entirely miss the part where I wrote that the market controls interest rates and not the Fed. Btw, I also referred to the shrinking monetary base.

I guess that Dash depends on one person who has been ostensibly toying with securities law and FinCEN regulatory jurisdication isn't a big risk of waterfall divergence. I won't even get into technical risks.

Is that irrelevant enough to suit egos here?

Quoting this as a reminder of the fact that you think rising interest rates and the other aspects I pointed out have no bearing whatsoever on the outcome of the general market nor crypto-currency.

Btw, if you haven't noticed, this is an XMR SPECULATION THREAD. I posted information that is relevant.

Since I see you are only interested in comparing the size of your ego, and not on relevant speculation analysis, then I will be instructed not to post relevant information in this thread again. Thanks.

I am criticizing those who think I haven't made a lot of correct calls, including the posts I made in this thread stating to sell some into the recent rally.

And I think it would be crazy to not read the post I made today that details the logic about the emergency Fed meeting and the coming rising interest rates and effects (by 2017).

I can only predict (potentially wild) volatility until after gold bottoms and the stock market lifts off in earnest indicating the move into private assets has begun (which is looking to be later this year or Q1 2017, with the big phase transition rise more towards 2018). This will coincide with chaos as the public realizes that government is corrupt. I believe crypto-currencies are going to rocket upwards no later than the 2017 - 2018 timeframe. I believe that XMR has a good chance of being a big gainer compared to BTC.

But I would not be rushing to buy and instead buying only when the market handed me cheap XMR. I would let the market decide if I buy more, and not force myself to ideologically buy XMR (unless ideology was my goal).

Rational accumulation mode. Anyone expecting gains in the next months is not emotionally ready to invest in this.

Edit: I thought the point of investing in XMR was to acquire more BTC. The big payoff will come on the next big upward move for crypto. I think this current bounce is a deadcat. We have a huge delay in the rise of the interest rates because Larry Summers thinks he can manipulate the world. We have to get through the BREXIT vote and the USA Presidential election, before people realize that government is hopeless. The Panama Papers has kicked it into higher gear. It is all coming as predicted by Armstrong's model.

Go to Cyperdoc's thread and find my predictions for the rise to $320 and then the decline.

Here is the explanation of the delayed timing of the expected selloff low in gold (and by correlation my expectation of selloff low in crypto):



Note since writing that Armstrong has clarified more his sling shot timing and also the timing of the low, so it has dragged out a couple to few more months. This is because the Fed decided to rescue Europe by not raising interest rates, which is going to make the rise much more precipitous when it comes.

That is what my post that started this discussion was detailing.

I don't know why you can't read what you write:

---

How is saying I always lose money on every trade any where close to reality when I had already stated that I bought silver at $8 and $9 during the crash. Fuck man. Disingenuous much.

You do if you want to have physical in the Philippines.

The presumptions you guys make. Do you think I am total clueless idiot and I wouldn't know that.

When Jason Hommel was holding my silver it is because that was 2007 and I had only started gaining interest in precious metals in 2006 for the first time in my life. The first time I ever held a gold coin was in 2006. I had no clue where and how to buy the stuff and I got into it because of Hommel, so I trusted him. Obviously after the $21 incident, I learned very fast.

Realize at that time I was more interested in programming and technical pursuits and I viewed the management of my savings as a side show. So I wanted it to be convenient so it wouldn't disrupt my main vocation and interests. And I was also traveling to Asia and I didn't have any one to manage my affairs in the USA. And that is why I am telling you  I don't have the correct lifestyle and situation to be a speculator.

'Backsplaining'. Your summary didn't even apply any accurate mental effort. How can you write a summary that presumes what wasn't written.  That is not the definition of a summary.

My predictions are all public record. They were correct. Now you slander too much. So I will tell you to stick it where the sun doesn't shine.

And take any butthurt ego with you and don't let the door hit you in ass on the way out.

You can start with this one mr. fatlip:

http://www.marketoracle.co.uk/Article23786.html

The fucking useless egos are here are too much. I am out of this thread. Enjoy yourselves.

Never do you guys respond on fact or point. It is always about comparing your egos. It is hopeless.

Of course you are going to write a presumption that attacks me, even I didn't write what you just presumed. I don't see question market on your accusation. Do you have any facts to back up that slander?

Of course I had winning investments. But I also screwed up enough times as well basically because I was trying to please two masters and I made the mistake of doubling down on the worst one at a time when I was in a desperate situation. Note I had no income for many years after 2010, so I was also depleting my wealth faster than I was gaining a ROI. And one of the main reasons for that is I was ideologically committed to gold and silver from 2006 to 2011. Which was the wrong time. I did buy silver at $8 and $9 (and even minting rounds which I was selling to rpietila for his silver business in Finland and even I advised rpietila how to handle the confiscation by selling the silver the govt had confiscated which worked out perfectly) but I was also caught at $21 and when I asked Jason Hommel to sell all my silver at $21 (he was holding it for me), he refused. So by the time I had sold, it was $13. He had also talked me into investing in mining stocks even though I had been warning in his forum over many months that I was expecting a crash but every time he rebuffed me and at that time I was working on a website for him to compare mining stocks so I was conflicted. Oh so I guess I did have a little bit of income in that period from him (prior to 2010), but it wasn't offsetting what I lost of my original 18,000 oz of silver.

A little lesson or wisdom for newbie speculators:

My response made it clear I understood what he meant and I also explained that if I were invested I wouldn't be as objective.

Also claiming that someone can make correct predictions the majority of the time means they should be rich from speculating is lacking some basic understanding of life. One of the main reasons I failed as a speculator is because I was unwilling to revolve my life around speculating, so for example even though I made the correct prediction of when to buy and sell silver, I didn't have my fiat and silver in the right places to make the trades. I had fiat in the USA that I couldn't get to Manila without putting me in some FATCA reporting scenario and I had physical in Manila that the dealer refused to buy or find a buyer at $48.

I am a programmer and a sportsaholic, and have my head and free time deep in other priorities. I don't want to be a speculator and be married to my investments 24 x 7. That doesn't diminish my ability to analyze markets.

The other reason I failed as a speculator is because I didn't know how to control my rationality when the combination of my illness messing with my adrenal function right after the May 2012 ER hospitalization, and my ex showing up to yank my kids unannounced in the same month, sent me into a tizzy trying to score big in the markets so I could afford to do something drastic about that situation. Which caused me to double-down ($75,000) on an irrational premature short bet on China led by newsletter writer Graham Summers. I wasn't doing research (unless you consider getting hoodwinked by a newsletter writer research), I was acting on my desires of what I wanted to happen. I actually observed Martin Armstrong be correct on everything Summers and others were wrong on and that piqued my interest. The more I studied with a skeptical attitude, the more rational it became.

So yeah I decided not to speculate because I made a lot of money in my life programming and creating. And lost most of it speculating, even though I had many correct predictions. I think it is important to recognize my strengths and weaknesses.

And your point is? Either my predictions were correct or they weren't. Did you have a point?

Do you think I would be as objective if I was invested. Use your brain please (ego butthurt shit doesn't help a person be rational).

I told you guys a month or so ago, that XMR had broken out against BTC and that it wouldn't make lower lows w.r.t. to BTC, but you needed to sell some because the market is going to be incredibly volatile and bear market directed until later this year or Q1 2017.

I explained the reason in my prior post, if you click off to read the detailed post, you will learn something.

No one listens to me  even though I am nearly always correct on the markets. How many examples would you need. I called the first top in ETH, then the overall top in March before others did. I called the rise of silver from $25 to $48 and decline to $26 on Oct 2010 many months before it occurred. I called various moves in Bitcoin such as predicting on this forums last April or May that Bitcoin would rally to $320 then decline.

We already had this discussion in the past. Cultures which harbor people who disrespect G20 norms on investment securities law are harboring scammers in my view and also apparently in the opinion of the person I quoted. This has nothing to do with race.

Keep building your strawman legal case.  

You are on Ignore and are not coming off of it ever again. So don't expect replies.