I hope all of you have reviewed my posts in the kLee's PnF thread in the Economics -> Speculation forum.
You will find there people who will verify that I have predicted all of the major moves of the
BTC price since the top last 2013. For example, I predicted the $315 top recently for the bounce exactly. And I made that prediction back in May when we were loitering in the low $200s.
You might also view my prescient public prediction for silver back in 2010 predicting the rise from $26 to $48 by March to May 2011 and then a fall to $26:
http://www.marketoracle.co.uk/Article23786.htmlI am able to do this by understanding very well both group psychology and more importantly because I understand Martin Armstrong's $1 billion supercomputer model of the history of the world, which for example predicted the closing price of oil at $54 for Dec. 31, 2014, back when oil was $100. I distinctly remember reading his blog back in August 2012 when the DJIA was correcting back below 12,000 and he predicted a steady rise from there to a possible double or triple. He also said that if it topped @ 18,000 in 2015, then that would be the sign that the USA stock markets had phase shifted (from being a public asset such as sovereign bonds) and aligned with private assets (such as gold, collectibles, Bitcoin). The point being that private assets peaked in 2011 (Bitcoin 2013 because it was playing catch up) and they will make their lows as the liquidity crisis accelerates and the final move into the short-end of the yield curve for bonds in Europe this October.
So gold, Bitcoin, and altcoins will be making their lows this coming spring 2016. This is 100% certain.
Expect gold to drop to < $700 ($680), Bitcoin will drop to double-digits again, and altcoins will be demolished fall to perhaps 1/5 their current prices.So do NOT buy altcoins now. You want to be selling everything and moving to $dollars and wait.
As the Europe crisis accelerates this September - January, cash will be king. Japan will follow for its final leg down on its 26 year crisis culmination.
All over the world, capital is going to be stampeding into the $dollar and then USA stocks as safe haven. By 2017.9, we will see the DJIA double in price.
Private assets such as Bitcoin and gold, will get sold off severely because the shorts will pile on once they smell blood. The bottom will be reached by short covering, not by bulls. The bulls will be exhausted and have lost most of their capital by selling at the lows (which is what always happens to delusional fools who believe in an investing GOD as if BITGOD is something that can disobey the normal laws of investing).
I am telling you this because I want you to reserve some $dollar cash, so that you will be able to buy
BTC and any world changing altcoin in Spring 2016 and become incredibly wealthy.
Ignore my warning at your peril!
