When you come to understand that 'matter' emerges from two dimensions of the frequency domain continuum (<-- my blog post) and that without friction then the speed-of-light would be infinite and the past and future would collapse into the same infinitesimal point of nothingness, then you understand everything in our universe is cyclical. The cyclical order is hidden in multi-dimensions of correlation, i.e. the Strange Attractor in Chaos Theory. This is at the level of importance as Einstein's discovery of the Theories of Relativity. |
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..covered in discussion between the Synereo lead dev and myself..
When or where did this happen? Sorry I have no time to dig for it. If you click through to all my posts on Synereo in about 4 threads total, you should find it in an exchange between Elokane and myself. It is also copied to Reddit in the thread I made about the truth about Ethereum being banned from this forum (when I was temporarily banned): https://www.reddit.com/r/ethtrader/comments/42rvm3/truth_about_ethereum_is_being_banned_at/Is that specifically covered in the white paper or a design improvement hence?
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Come on, man, it seems he has already moved the goalposts around numerous times recently. I seem to recall you stating several times that the economy would peak and crash around the year 2020 according to Armstrong. Then he also claimed an entirely different timeline as outlined below, where he claims we're about to entre into some type of raging bull market. According to what date you listened to Armstrong, the global economy would be doing the exact opposite of the other forecast:  Sorry r0ach, Calculus And Differential Equations can't be learned in 1 minute with a soundbite. Neither can the science of Armstrong. Ignorance is a choice, not a virtue. I suggest you remain ignorant. I have no more time to offer you on this. Good luck. |
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Come on, man, it seems he has already moved the goalposts around numerous times recently. I seem to recall you stating several times that the economy would peak and crash around the year 2020 according to Armstrong. Then he also claimed an entirely different timeline as outlined below, where he claims we're about to entre into some type of raging bull market. According to what date you listened to Armstrong, the global economy would be doing the exact opposite of the other forecast: Sorry r0ach, Calculus And Differential Equations can't be learned in 1 minute with a soundbite. Neither can the science of Armstrong. Ignorance is a choice, not a virtue. I suggest you remain ignorant. I have no more time to offer you on this. Good luck. |
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Well, I obviously have far less faith in this Armstrong guy than you do. I've seen the general summary of how he claims to predict markets: international capital flows seeking safety or returns, then seems to derive how everything moves by an ambiguous, impossible to quantify variable known as confidence.
You have no clue what he is doing. He literally put $billion (inflation-adjusted to current dollars) of data from 6000 B.C. to real-time present into the supercomputer to analyze all the repeating patterns in a multi-dimensional correlation that extracts the Strange Attactor order hidden in Chaos (Chaos Theory). This model has predicted everything accurately for 30 years. Did you know he told us in advance March 13/14 would signify a major turn in the global markets to the downside, and that is precisely when the deadcat bounce in the Baltic Sea index rolled over. r0ach you will get your ass burned claiming Armstrong is a clown. Read this and tell me this guy doesn't know every detail of history that wasn't written in any history text book: https://www.armstrongeconomics.com/history/ancient-economies/vikings/The guy spent $10 million (in 1980s dollars) alone just collecting everything silver coin from the Roman empire and constructing the first accurate silver price chart of that era based on the actual silver content. I mean, everyone knows markets are "confidence games" already, I just don't see how you can plug that into any objective mathematical formula when it requires him to arbitrate what markets have confidence or not via his own opinion.
He also explains how, when, and why confidence will shift and his computer model tracks all of that. Then the fact that you have, to borrow a Max Keiser term
Please don't compare a clown to a scientist. , suicide central bankers constantly and irrationally manipulating levers to distort the market. I mean, come on, any prediction model someone builds is useless in a centrally administered, non-freemarket economy unless he's a government insider. There is no bypassing that fact.
Armstrong is not using a crowdsourced prediction market. His method is scientific and has been backtested to every event in history down to even minutest detail. On to the next problem. Let's assume this guy isn't a circus clown and has made some accurate predictions in the past. Let's say he's looking at markets and says, "Ok, historical data shows when capital moves this way, the price of gold goes down because either strengthening dollar, inflation, deflation, etc". To determine which way gold moves in such a scenario, you would first have to define whether gold is being treated as a currency or commodity by the market.
He can teach you everything about precisely that topic. You will learn many new things. It seems he just assumes gold will always be a useless commodity and will never be a currency again.
Ah you have a lot of learn from the master. Seriously. You better getting started asap. Or you can just wait, and I will tell you, "I told you so" later. The second he gets that "guess" wrong, well his entire model is fucked.
Please don't be a Dunning-Kruger fool. Seriously. It is embarrassing. Don't make statements like that without reading Armstrong for a couple of weeks until you realize how foolish your statement is. I would not tell you to waste your time. You know my reputation by now. Or, maybe the US keeps using the dollar, but India or some other country converts entirely to gold. I have zero faith in this guy to predict the future because there's far too many variables to address.
Sadly you have no faith in what you refuse to study. How smart is that? The next problem is, he doesn't seem to talk about Bitcoin at all (if ever?).
He does. And he doesn't think much of it. I think he doesn't understand Bitcoin is part of the global monetary reset he knows is coming after 2018. He knows there will be a new reserve currency that isn't controlled by any nation. He seems to think Bitcoin is not controlled by the elite. He apparently doesn't know that China controls 65% of the hashrate and so Bitcoin is already a fiat system. I feel you're just extrapolating what he says about gold and blanket applying a correlation to Bitcoin when there is no evidence of one.
That is possible. He has not made a price prediction on Bitcoin. It's entirely possible the market treats gold as a commodity and Bitcoin as a currency, or even vice versa.
He says the market will treat gold as a hedge against government. It's also possible the fed loses control on gold/silver manipulation and some kind of hell breaks lose.
He has already proven there is only manipulation to the upside and never to the downside. He was the largest trader on commodities ever. He knew Warren Buffet was the mystery buyer. He was on the inside with PhilBro. Dude you have no clue who Armstrong is. Please do your homework which will requires weeks. Armstrong assumes the dollar is the safe haven of the world and will benefit in times of distrust in other markets. He makes this assumption even though confidence in the dollar and it's institutions are already at a historical low. A computer model didn't tell him this, he had to make these assumptions. Due to being free of central banker manipulation, it's entirely possible something like Bitcoin could have much higher confidence than the dollar in such situations. He doesn't address Bitcoin at all, and you just assume Bitcoin will follow a non-existent, gold as a commodity and not a currency correlation. Let's not even get into the fact that a central banker flipping one lever decides if the economy implodes in deflation or hyperinflation, making whatever he predicts completely obsolete.
And he will be correct with 100% certainty. Sorry you speak Dunning-Kruger nonsense. |
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Well, I obviously have far less faith in this Armstrong guy than you do. I've seen the general summary of how he claims to predict markets: international capital flows seeking safety or returns, then seems to derive how everything moves by an ambiguous, impossible to quantify variable known as confidence.
You have no clue what he is doing. He literally put $billion (inflation-adjusted to current dollars) of data from 6000 B.C. to real-time present into the supercomputer to analyze all the repeating patterns in a multi-dimensional correlation that extracts the Strange Attactor order hidden in Chaos (Chaos Theory). This model has predicted everything accurately for 30 years. Did you know he told us in advance March 13/14 would signify a major turn in the global markets to the downside, and that is precisely when the deadcat bounce in the Baltic Sea index rolled over. r0ach you will get your ass burned claiming Armstrong is a clown. Read this and tell me this guy doesn't know every detail of history that wasn't written in any history text book: https://www.armstrongeconomics.com/history/ancient-economies/vikings/The guy spent $10 million (in 1980s dollars) alone just collecting everything silver coin from the Roman empire and constructing the first accurate silver price chart of that era based on the actual silver content. I mean, everyone knows markets are "confidence games" already, I just don't see how you can plug that into any objective mathematical formula when it requires him to arbitrate what markets have confidence or not via his own opinion.
He also explains how, when, and why confidence will shift and his computer model tracks all of that. Then the fact that you have, to borrow a Max Keiser term
Please don't compare a clown to a scientist. , suicide central bankers constantly and irrationally manipulating levers to distort the market. I mean, come on, any prediction model someone builds is useless in a centrally administered, non-freemarket economy unless he's a government insider. There is no bypassing that fact.
Armstrong is not using a crowdsourced prediction market. His method is scientific and has been backtested to every event in history down to even minutest detail. On to the next problem. Let's assume this guy isn't a circus clown and has made some accurate predictions in the past. Let's say he's looking at markets and says, "Ok, historical data shows when capital moves this way, the price of gold goes down because either strengthening dollar, inflation, deflation, etc". To determine which way gold moves in such a scenario, you would first have to define whether gold is being treated as a currency or commodity by the market.
He can teach you everything about precisely that topic. You will learn many new things. It seems he just assumes gold will always be a useless commodity and will never be a currency again.
Ah you have a lot of learn from the master. Seriously. You better getting started asap. Or you can just wait, and I will tell you, "I told you so" later. The second he gets that "guess" wrong, well his entire model is fucked.
Please don't be a Dunning-Kruger fool. Seriously. It is embarrassing. Don't make statements like that without reading Armstrong for a couple of weeks until you realize how foolish your statement is. I would not tell you to waste your time. You know my reputation by now. Or, maybe the US keeps using the dollar, but India or some other country converts entirely to gold. I have zero faith in this guy to predict the future because there's far too many variables to address.
Sadly you have no faith in what you refuse to study. How smart is that? The next problem is, he doesn't seem to talk about Bitcoin at all (if ever?).
He does. And he doesn't think much of it. I think he doesn't understand Bitcoin is part of the global monetary reset he knows is coming after 2018. He knows there will be a new reserve currency that isn't controlled by any nation. He seems to think Bitcoin is not controlled by the elite. He apparently doesn't know that China controls 65% of the hashrate and so Bitcoin is already a fiat system. I feel you're just extrapolating what he says about gold and blanket applying a correlation to Bitcoin when there is no evidence of one.
That is possible. He has not made a price prediction on Bitcoin. It's entirely possible the market treats gold as a commodity and Bitcoin as a currency, or even vice versa.
He says the market will treat gold as a hedge against government. It's also possible the fed loses control on gold/silver manipulation and some kind of hell breaks lose.
He has already proven there is only manipulation to the upside and never to the downside. He was the largest trader on commodities ever. He knew Warren Buffet was the mystery buyer. He was on the inside with PhilBro. Dude you have no clue who Armstrong is. Please do your homework which will requires weeks. Armstrong assumes the dollar is the safe haven of the world and will benefit in times of distrust in other markets. He makes this assumption even though confidence in the dollar and it's institutions are already at a historical low. A computer model didn't tell him this, he had to make these assumptions. Due to being free of central banker manipulation, it's entirely possible something like Bitcoin could have much higher confidence than the dollar in such situations. He doesn't address Bitcoin at all, and you just assume Bitcoin will follow a non-existent, gold as a commodity and not a currency correlation. Let's not even get into the fact that a central banker flipping one lever decides if the economy implodes in deflation or hyperinflation, making whatever he predicts completely obsolete.
And he will be correct with 100% certainty. Sorry you speak Dunning-Kruger nonsense. |
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Their (ICO promotion) signatures always reveal their hatred for the truth I speak about selling ostensibly illegal unregistered investment securities to US investors. Suppose they don't like that truth. How sad they wouldn't be able to steal money if they obeyed the law.  Is that 'FISTBUMP' up the arse of your victims. Another ad hominem throwing, ostensibly scammer accomplice added to my Ignore list. |
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...angels-on-the-head-of-a-pin topics such as the definition of the term 'free market'...but that stuff is just clutter here.
On the topic of botnets, this philosophical exchange ignores...
I'm very surprised (should I be?) that you downplay the critical importance and apparently lack the understanding of what makes a free market and how central that is to our entire reason to be here. Free market = decentralized market. Duh. You won't answer your question until you understand that. And then you will understand I had it all figured out from my first post. Sigh. (answer to your question is opportunity cost) |
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@TPTB_need_war The AMD cpus are generally much more cost efficient than Intel across the board for XMR mining (and some people have noticed this). The APU models can mine on both the CPU and GPU.
Yes but that isn't my point. Try again. Hint: what ratio of carryless multiply instructions to other instructions does Cryptonite use and what is the optimum possible in a memory hard hash. (note this is my old hash design and I am willing to give it away so no harm to do this now) |
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I leave and you'll start talking tech shop. Not fair! 200h/s with a $300 CPU vs 800h/s with a $300 GPU.
Too bad someone didn't notice that an AMD 5350 has an exceptionally fast carryless multiply instruction for such a dirt cheap CPU and extremely low power consumption. (oh and remember I am just a useless piece of shit  ) |
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r0ach I tried to explain this to you in the past and you still are repeating (what I and Martin Armstrong think is) the wrong conceptualization. I hope I can explain to you this time in a way that you will contemplate, because getting this wrong is going to be a big time error. If you're looking at it in terms of the dollar and Bitcoin competing on equal grounds. The USD is already the world reserve currency, and once you're #1, there's not much higher you can go. The act of increasing interest rates would strengthen the dollar, yea, but not anywhere near to the extent the halving's effect on BTC price.
I do not see Bitcoin going anywhere but up from it's current position. Some tiny interest rate increase is negligible in compared to the halving's effects.
You are misunderstanding the timing and interplay presented by Armstrong which I explained in that post of mine if you clicked the quote and read the entire post. Everyone right now thinks interest rates must decline because the US economy (and global economy) is getting weaker. Thus everyone is skeptical about a rise in stock market. The stock market is slowing rising now to go against the majority of fools. As the interest rate rises hit, they will assume this will crater the global economy, so they will sell the stock market and this will cause a brief contagion and crash. They will also sell off gold and all assets same as in 2008/2009. Thus Bitcoin can get caught up in this crazy reaction contagion. Remember silver fell from $21 to $8. But what nobody understands is international capital flows. All the capital flows will head towards the USA as the safe haven during this expectation of global contraction due to rising interest rates. Thus paradoxically the US stock market will start booming in V bottom sling shot and no one will initially believe it has staying power. But the fundamental flows won't stop. So this US sling shot will turn into a raging bubble by late 2017 or 2018 with a double or triple possible. So paradoxically the US stock market will rise with interest rates due to capital flows dominating. Also rising interest rates will drive people out of bonds, not into them. Armstrong has shown that stocks rise with interest rates at times of crisis like this such as 1920 - 1930 era. Gold and Bitcoin will rise with the stock market as the public starts to realize the government is toast and they must shift to private assets such as stocks, AAA corporate bonds, gold, and other collectibles. The US stock market has phased shift and is no longer going to be a public wave asset and will be a private assets and thus rise with the dollar and gold and crypto not opposite. The price of gold and Bitcoin don't move in unison either:  Btw, gold and BTC are somewhat highly correlated (afair -0.58), contrary to what your eye is telling you. They are phase shifted, but that is not relevant. Another thing that bothered me about that article is that I've looked at estimates of what percent the stock market is composed of regarding retirement funds and the numbers were always huge. Raising interest rates tanks the stock market, so how does raising interest help retirement funds if so many of them are in the stock market in the first place?  See the above. Rising interest rates will raise the US stock market. The rest of the world will be toast. War is coming... After 2018 the USA economy will have been choked off by the strong dollar which destroy the rest of the world and as international capital inflows abate. Then we do a global monetary reset. Asia will bottom 2020. The West will continue declining in clusterfuck chaos through 2033. |
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r0ach I tried to explain this to you in the past and you still are repeating (what I and Martin Armstrong think is) the wrong conceptualization. I hope I can explain to you this time in a way that you will contemplate, because getting this wrong is going to be a big time error. If you're looking at it in terms of the dollar and Bitcoin competing on equal grounds. The USD is already the world reserve currency, and once you're #1, there's not much higher you can go. The act of increasing interest rates would strengthen the dollar, yea, but not anywhere near to the extent the halving's effect on BTC price.
I do not see Bitcoin going anywhere but up from it's current position. Some tiny interest rate increase is negligible in compared to the halving's effects.
You are misunderstanding the timing and interplay presented by Armstrong which I explained in that post of mine if you clicked the quote and read the entire post. Everyone right now thinks interest rates must decline because the US economy (and global economy) is getting weaker. Thus everyone is skeptical about a rise in stock market. The stock market is slowing rising now to go against the majority of fools. As the interest rate rises hit, they will assume this will crater the global economy, so they will sell the stock market and this will cause a brief contagion and crash. They will also sell off gold and all assets same as in 2008/2009. Thus Bitcoin can get caught up in this crazy reaction contagion. Remember silver fell from $21 to $8. But what nobody understands is international capital flows. All the capital flows will head towards the USA as the safe haven during this expectation of global contraction due to rising interest rates. Thus paradoxically the US stock market will start booming in V bottom sling shot and no one will initially believe it has staying power. But the fundamental flows won't stop. So this US sling shot will turn into a raging bubble by late 2017 or 2018 with a double or triple possible. So paradoxically the US stock market will rise with interest rates due to capital flows dominating. Also rising interest rates will drive people out of bonds, not into them. Armstrong has shown that stocks rise with interest rates at times of crisis like this such as 1920 - 1930 era. Gold and Bitcoin will rise with the stock market as the public starts to realize the government is toast and they must shift to private assets such as stocks, AAA corporate bonds, gold, and other collectibles. The US stock market has phased shift and is no longer going to be a public wave asset and will be a private assets and thus rise with the dollar and gold and crypto not opposite. The price of gold and Bitcoin don't move in unison either: Btw, gold and BTC are somewhat highly correlated (afair -0.58), contrary to what your eye is telling you. They are phase shifted, but that is not relevant. Another thing that bothered me about that article is that I've looked at estimates of what percent the stock market is composed of regarding retirement funds and the numbers were always huge. Raising interest rates tanks the stock market, so how does raising interest help retirement funds if so many of them are in the stock market in the first place? See the above. Rising interest rates will raise the US stock market. The rest of the world will be toast. War is coming... After 2018 the USA economy will have been choked off by the strong dollar which destroy the rest of the world and as international capital inflows abate. Then we do a global monetary reset. Asia will bottom 2020. The West will continue declining in clusterfuck chaos through 2033. |
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Wow! You must be a billionaire!
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). A person who can predict the future with enough certainty (even if he/she is not 100 % right) can accumulate a significiant wealth with a few trades only. Let's say, a person predicted silver to rise from 10 usd to 48 usd, you made 4.8 times your money. Then predicting (and shorting) btc all the way down from 1000 usd to 200 usd you made 5 times your money (minus the cost of shorting), then buying XMR for 20 cents each when btc was at the bottom and you closed the short in btc and then selling XMR at 1.65 you made 8 times your money.... Even if you started this type of trading with only 1000 usd you would have ended up being pretty well ROI (from 1 k to around 200 k). I missed this post. So last reply here. When I started to realize I had the ability to identify key inflection points and if I didn't push myself to find them and waited until they just were obvious to me, i.e. waited for my opportunities, then I realized I would need to have my funds and assets positioned so that I could take advantage of these rare moments of insight. But I have never been in a position since that realization, to be organized that way. I live in the wrong country. I don't have a permanent address in the USA. I don't have a USA driver's license or utility bill, etc.. For example, when I was almost ready to short BTC from $320 down this past summer, I was wary not only because I have no experience with Bitfinex, but also because their KYC terms are not explicit enough. I might even up with a frozen account. My life is far too behind schedule even to keep up with basic things of life such as taking a shower more than once a month. How in the hell could I possibly manage speculating properly. I am just being realistic. The money I have is for paying bills so I can code. And commenting here is one of the stupidest things I've ever done. And also winning by speculating feels to me like I cheated my own life (my reason for wanting to do it recently was just desperation about my ill health and needing more money to make some big change). I am so talented as a programmer and creator, then I will take away time from that to go take some other speculator's money. Seems to not be my purpose in life, even though I guess it does provide liquidity to the market. I'd feel much better about myself creating something that helped so many people than just being a liquidity cog in a financial wheel. To imagine myself spending all my days in a thread like this just staring at bid/ask walls would feel to me as though I wasted my talent. So I guess my heart was never in the execution side of it. I enjoyed the analysis, because I love mental challenges and conceptual ideas. The execution feels like I am only a bean counter or a robot. I got interested in silver for ideological reasons. The getting rich part was just a way to hold me until my next big project success. It wasn't in my mind the path for my wealth. The path for my wealth has always been what I can create, not speculate. Although during creation I must also speculate on market needs and such, I apply a rational approach to that. In short, I don't belong here in this thread. You all are not my people. We don't have the same interests and outlook on what we are prioritizing in our lives. You guys (or at least most of the vocal ones) are all idolizing money. I (now) realize you weren't slandering me. Thanks. |
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I'll leave how I derived these numbers as an exercise to the reader for now with the hint that it is almost entirely objective.
smoothie replied before you wrote your post: So then basically everything you've said is just words.
No facts/proof to back up your bold claims.
No worries. On to the next thread...
Hypocrisy is not meritocracy. It is even worse in that it is self-defeating. |
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https://en.wikipedia.org/wiki/Free_marketA free market is a system in which the prices for goods and services are set freely by consent between vendors and consumers, in which the laws and forces of supply and demand are free from any intervention by a government ... When you have to personally risk going to jail for participating in a market due to government intervention by definition it ceases to be "free market". Govt is exercising their power monopoly to make it no longer a free market. I am convinced you don't even read my posts. I already explained the government has no control. Botnet farmers and victims are too numerous and too decentralized. Now please let me recluse myself from this experience of trying to pull a pubic hair out of my ass via my throat pathway. I've learned my lesson never to venture into this (smells) funny corner of the internet again.
Seems I am not wanted in this nonsense thread, so I will recluse myself.
Adios 'tards (not meant towards any specific person and presumably those who it is directed are oblivious any way since it is clear they never believed in meritocracy).
Says the one person in this thread with the most obvious case of mental disability. Nice. Quoted for posterity. It usually helps to triangularize to establish a true bearing. |
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Blackmarket != free market
Couldn't be more wrong. Sometimes black markets are the only free market.
Too much noise on this thread.
Price double bounced off 0.002. Some buying pressure here.
Strange. I only have one user on ignore, and it all seems fine to me. Note how he didn't reply to my claim that he was lying. How convenient. Seems I am not wanted in this nonsense thread, so I will recluse myself. As if the discussion of botnets and CPU mining is irrelevant to speculating on Monero's future, given Monero is the only real CPU mined coin of significance. If the hypocrisy in this thread was not so obviously just ego stroker addiction I might want to cry. Adios 'tards (not meant towards any specific person and presumably those who it is directed are oblivious any way since it is clear they never believed in meritocracy). |
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There is no free market price discovery in bots eh. How come there already is one? For example, installing spyware on 1,000 machines in Australia earns $100 but only $50 in the US, and a measly $3 in Asia. A sample price list obtained by net security services firm sheds fresh light on the phenomenon.
MeesageLabs culled its figures from a malware distribution site in Russia, the existence of which we've verified. The site is loaded with malware and for that reason we'll refer to it by a shortened version of its name, installscash.org.
The site boasts that it already works with 300 webmasters and has four years of experience to fall back on. It boasts of friendly support services and prompt payment. All in all it's all very cybercrime 2.0.
The site boasts: "Anybody can work with our partnership program InstallsCash! You have to do only one thing! Put a short one line iframe code on ur page(s) and START MAKING MONEY!"
"You won't lose your unique visitors with us! You can also have your own exe," it adds.
Following these instructions by the addition of a simple line of code boobytraps web pages with code that attempts to install spyware onto the PCs of visiting surfers. Infected sites might be hosted on a hacked site, a site hosted on a web server or even a botnet-hosted web page.
Instructions could then be issued to the offending botnet computers to visit the page, download the code and execute it. Once the spyware is installed, it would register with the "seller" and the "affiliate" would then be paid.
Where are the 1000s of prosecutions of botnet farmers? The ones who farmed 10,000 bots and such. All I see are headline cases. Prosecutions in Russia, Pakistan, Nigeria, etc? The government can't control this. It is too porous. There is no social contract. It is a defacto laissez-faire free market. Victims are in a free market. You know how nature is. Adapt or lose. Pray tell me how to form a social contract on preventing and not allowing anyone to harvest/use/rent botnets? How many victims of botnets had their brain chemically altered for potentially the rest of their life? Equating this morally (social contract priority) to drug dealing is rational? Cheap electricity (even the free variant obtained with corruption) is sourced from an oligarchy. Where is the oligarchy in sourcing botnets and cooperative victims? The botnet market is efficient and highly decentralized. What is the moral hazard of rewarding victims for being irresponsible? When you get every single point wrong, one has to wonder. |
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Selling volume is declining, we also saw some wicks indicating that buyers are still present and closely watching. I am speculating that we might see some buying pressure to 0.003-0.0033 to mess up with shorters and then retest and hopefully double bottom. However we must take into the account that daily trend is still bearish and I would treat it as such. Weekly trend is caught in the range between 0.001-0.004.
Good Analysis. Short-term noise that no one can possibly predict anything with better than 50/50 odds. In short, useless post for speculators who want quick gains and thus are destined to lose their shirts. It is not even proper day trading methodology. |
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Actually fed is talking about negative interest rates. So if raising rates is required for your predictions then it might be awhile.
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. 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 Ah - yes. I missed it. My bad. Also in the full post that I quoted from which I urged readers to read has more statements that I am referring to (which I assumed you had read if you are entering this discussion): https://bitcointalk.org/index.php?topic=1082909.msg14525104#msg14525104 |
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