r0ach's Cryptomarkets Watch & Scamcoin Observer

[Nxtblg]

Well I was fairly adamant that the BREXIT would fail (i.e. "Remain"), but it is increasingly looking like the British may vote to "Leave" which is a quick turn of unexpected events: (snip)

Regarding Brexit, I read that the referendum is "advisory": in other words, it's not binding. If the Leave side wins, Cameron and the Tories aren't compelled to do anything except say, "We are taking it under advisement."

The above actually makes it easier to vote "Leave". Legally, since the referendum is non-binding, voting that way is essentially a protest vote: a way of sticking it to The Man.

The Greek referendum was binding... still the government turned it upside down violating the constitution.

If brexit is voted in the UK, and not followed upon, the elite will also lose control of the government in the longrun (UKIP boost by several tens % to enforce the ignored referendum). That's supposing the ukip is not elite-controlled, and I'm not that good at UK-politics to make that determination.

That's how I read it too: the only enforcement mechanism in the UK is a general election that puts in power a party that will actively follow through on the "Leave" part if the referendum goes that way. The UKIP seems to be the only party willing to do so: it's a sure bet that Labour won't.

As for Greece: if the government did indeed violate the Constitution, there's really no recourse if the Supreme Court (or whatever group cracks down on Constitutional violations) sees the matter the government's way. Given the history of Greece, the only semi-feasible remedy would be another military coup.

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[Spoetnik]

And that has what to do with ALTCOINS ?

Are you guys aware there is a dedicated section for "Politics" ?

Work on being more self aware guys.
You all need to grasp what it is you are saying and WHERE.
Many of you seem incapable of posting anything interesting or ..on topic.
..a chronic problem around here.

Some guy starts a topic say for example called "Altcoins are going to drop in price when BTC halves"
And then what you will all notice is NOOB accounts posting things like "Spoetnik sucks"
Or long winded walls of text about the Political climate in Greece. 

Learn how to internet guys.. it is a clever ploy that tends to lend you more credibility.
I can help you all if you need it.. just let me know.
Forums are not that hard to figure out and they usually have a list of rules you can check out also.

Carry on and ignore my "FUD" 

[r0ach]

r0ach how is your 666 TrojanHorse ButtCON investment going to protect you in the upcoming nation-states collapse and 666 lurch to eliminate cash and institute expropriation?

I joined the new world order to help pump it of course.  I'll have everyone enslaved in no time.

[iamnotback]

r0ach how is your 666 TrojanHorse ButtCON investment going to protect you in the upcoming nation-states collapse and 666 lurch to eliminate cash and institute expropriation?

I joined the new world order to help pump it of course.  I'll have everyone enslaved in no time.

I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled?

Please don't tell me you'd have to kill me if you told me. 

[Spoetnik]

@roach
I DID take notice of the price hitting 666
Being a huge Death metal fan that is my master lord Satan's secret message to me
The time is NOW he says !

But the buy order must have been from a really evil bastard 666 BTC ? LOL

@Shelby
expropriation of your wealth ?

I think you are too hung up on that.
It is what it is.. the way of life.
I seen a documentary or two that showed how this is how it is.. since the dawn of man.
I think it was Iran or some other country in the Middle east that
had it's economy *reset* and analysts seen it unfold rapidily..
Money changed hands and it all tilted as it always does..
Rich got richer and poor got poorer and the money was distributed according to the mathematical formula.

You are hung up on defying one of the laws of the universe.
It's math.
You are trying to defy 1 + 1 = 2
And it is not going to work LOL

If you all did not get what i mean then Google search the distribution of money in the USA.
Look up who has it and how much of it percentage wise.. then look at any country
then look at any time period going back through all of human history.

Then..
Come here and listen to Shelby with his answers on how to fix the human race.

Posting here is not going to change anything.
Posting here is not going to help unless you could stop the dumb fucks from giving the rich more money.
But they won't stop !
Because they are led along like brain-dead lemmings off the cliff in the search of profits.
They will not stop investing in bullshit for profit.. hence things will not change *around here*

And it was Greece that could not withstand the blow the recession the Americans caused
with their housing derivatives bundles that Greenspan refused to regulate..
EXACTLY LIKE THE ALTCOIN SCENE !
SHIT STOCKS worthless hollow pointless only for profit "investments'
..that in the end collapsed economies across the globe like GREECE
Which could not withstand the blow.. unlike Canada for example that could and we rebounded back.
With massive inflation of course.. and a ticking time bomb of round 2 looming as analysts say.

But did all the little snot nose experts learn anything from that shit ?
Look around LOL

All the idiots here did is recreate the housing stocks greed machine into the Altcoin shit tokens machine.
SAME THING !

And it will have the same damn outcome.

Is some guy worried about "expropriation of your wealth"
Nope.. he is worried about making sure that system STAYS in place..
SO HE CAN PROFIT FROM IT !
These guys know there is risks and a price to pay but they simply don't care.

You can not save stupid.

You can not save all these innocent victims from being duped by shit coins..
Because they know damn well what they are doing far in advance.
They are not being tricked into expropriation of their wealth.. they are doing it willingly on purpose !
Like buying a lottery ticket.. the know.
They knew before they bought the ticket.

Our agenda's are not far apart Shelby..
I appeal to their greed though.. i tell them "my way" will make them more greedy profits LOL

[iamnotback]

@Shelby
expropriation of your wealth ?

I think you are too hung up on that.
It is what it is.. the way of life.

So the formerly and no longer decentralized aspect of Bitcoin is irrelevant 

Decentralization and permissionless was never one of the main reasons we supported Bitcoin 

[Spoetnik]

@Shelby
expropriation of your wealth ?

I think you are too hung up on that.
It is what it is.. the way of life.

So the formerly and no longer decentralized aspect of Bitcoin is irrelevant 

Decentralization and permissionless was never one of the main reasons we supported Bitcoin 

As you say it was like that by design right ?

If you have a better way.. that is doable then we are all ears.

PS:
It is 6/16/2016

Mark of the beast !

[iamnotback]

My wild ass thought is Trump late this year or Q12017 may use the bully-pulpit to force the FED to normalize interest rates in order to save the Pension plans and that should cause a short-term collapse in gold (and maybe Bitcoin also):

The Dow declined because the Fed did not raise rates, and gold rallied for the same reason. This is counter-trend to the general “fundamental” expectations. The Dow was doing well with the prospect of a rate hike until the Jobs Report, and it rallied but stopped dead with the Weekly Bullish Reversal at 17800. Gold crashed but held our critical Bearish Reversal at 1206 and bounced. While the gold crowd thinks a rally is good because the market will crash, at the same time we have the Dow declining with lower rates instead of higher rates. These trends are showing extreme stress in the financial markets overall.

Or maybe some other event will force the rates higher, perhaps with the BREXIT outcome being the catalyst which drive volatility and causes some stress fracture to open up.

[r0ach]

I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled?

Please don't tell me you'd have to kill me if you told me.  

By dealing with your problems by becoming rich of course!:

https://bitcointalk.org/index.php?topic=1413819.msg14635808#msg14635808

Original all in with the kitchen sink margin entry was $440

[SwedishGirl]

This DAO shit is so funny. And ETH and DAO still holding current price levels, goes to show how brainwashed people in ETH are.

[iamnotback]

I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled?

Please don't tell me you'd have to kill me if you told me.  

By dealing with your problems by becoming rich of course!:

Being rich doesn't solve the problem of how to avoid expropriation. You keep avoiding answering my question, because you know BitCON is a piece of shit.

[Wosterlee]

This DAO shit is so funny. And ETH and DAO still holding current price levels, goes to show how brainwashed people in ETH are.

Too big to fail.... Yet

Wall street always has some spare fiat available to keep things propped up.

[r0ach]

I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled?

Please don't tell me you'd have to kill me if you told me.  

By dealing with your problems by becoming rich of course!:

Being rich doesn't solve the problem of how to avoid expropriation. You keep avoiding answering my question, because you know BitCON is a piece of shit.

Easy

http://imgur.com/Pu1sVml

[iamnotback]

I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled?

Please don't tell me you'd have to kill me if you told me.  

By dealing with your problems by becoming rich of course!:

Being rich doesn't solve the problem of how to avoid expropriation. You keep avoiding answering my question, because you know BitCON is a piece of shit.

Easy

http://imgur.com/Pu1sVml

When does WearableSatanGarlic.cash launch?

[iamnotback]

Any attack on a crypto turns back the time real investors would pile in.

Nope. More publicity just like Mt. Gox. The clusterfuck dies and the well designed code grows stronger.

Sorry if you feel victimized, but maybe you should blame your God Butalik. You can stay in the camp with Jim Jones or you can get out while you still have a chance at $12.

That'll be the MtGox that battered BTC price down to a couple of hundred dollars. Now wonder where BTC would be had MtGox not happened. Any attack on crypto, hurts crypto. End of.

And we are back at $750.

Btw, I expect BTC to rise to $1200, while ETH falls to $1 or even $0.25. The "attacker's" latest offer will soon start to take over the mining of Ethereum. Or Vitalik will call for an emergency fork, which will destroy the sanctity of Ethereum forever (and probably fail because new miners can popup with a majority of the hashrate funded by the "attacker's" offer in order to reject the fork). Either way, they are fucked now because Vitalik pushed for a vote on a fork (destroying the Nash equilibrium), which is forcing the "attacker" to drain the rest of the DAO into miner's pockets.

Guess you were too busy following the forums and call the people names. Bitcoin was dumped to $712 on BTC-e and it is now $733 on average with continuing declining...

That is just volatility at the cup handle before the blast off to $1200.

See r0ach's chart linked in the quote of him below:

I tried to find the posts where r0ach was stalking me in other threads and gloating about Bitcoin being up to $600, but appears he (or the mods) wisely deleted those posts containing his snide/flippant remarks. Damn, I should have quoted them for posterity.

Any way, I found this plagiarism and notice the dates of the two posts...

It is possible that Bitcoin has U bottomed at $150 and will meander up to $1200 over the next several months.

The thing I've always hated about your insistence on trying to push this Armstrong character is that you basically imply we live in a deterministic universe...

Bitcoin has now completed a giant, two year long cup and handle...

That is just volatility at the cup handle before the blast off to $1200.

You mean we will not see BTC for $150? All this time I've been holding fiat to buy BTC for $150 as you predicted. And gold for $800.

It is not a meritocracy when you pretend to have not read what I know you read before in r0ach's thread:

Obviously Bitcoin is only in a deadcat bounce or in a long-winded, gradually rising U bottom, not on the verge of some immediately imminent vertical rocket upwards past the prior $1200 peak.

It is possible that Bitcoin has U bottomed at $150 and will meander up to $1200 over the next several months.

A rocket shot to $3000+ is not in the cards this year.

If we do meander up to $1200, a flag 33 - 67% decline pattern is likely before advancing further.

I do hope for the U bottom scenario, because it means much more liquidity for altcoin moonshots, than the alternative crash scenario.

The $850 gold prediction is from Martin Armstrong, and he says it is still in force.

I had written so many times over the past year or more, that I was tying BTC to gold but that was not certain because MA did not make that link. I said it was possible that my assumption of BTC and gold being linked as private assets might be incorrect. I had always stated that. If you need quotes as proof, you are welcome to ask me for them. But you are wasting my time.

I trusted you and MA. Give me my $150 BTC and $800 gold, you promised these prices

I never promised anything. I provided caveats as I pointed out in my prior post. You are just trying to attack my reputation. That is clear for all readers to see. Stop wasting our time on nonsense.

Sorry this is not the Alcoholics Anonymous forum.

Your reputation is a troll. MA too. Anyone who makes their trades based on you two's "predictions" will lose money. It's clear for all readers to see that.

Okay I understand your feelings are hurt. Thanks for sharing.

Nonsense. I didn't follow your trade advice, because I have common sense and see a troll from a mile away. I wasn't sure about BTC not going to $150 primarily because it's in the few hands of the Chinese who can destroy it any time, but I was 100% sure gold couldn't get to $800, that's why I saw your and MA's "predictions" as bullshit from the start. But I feel sorry for n00bs who could have fallen into the trap. There were no caveats, it was a matter of fact prediction, same as rising rates were predicted as a matter of fact. None of that came true. Troll you are. N00bs beware.

I never provided "advice". I have numerous disclaimers stating I only share my opinion and this is not be construed as advice. I am not an advisor. Nearly every sane individual on BCT knows that people here are not giving advice and are not professional advisors. This is not Alcoholics Anonymous. Grow up and be responsible for yourself and stop whining. Nobody forced you to read my posts.

Just like my prediction for silver in 2010 for rise from $22 to $45 and back down to $26 for Spring 2011, which was exactly correct.

Just like my calls for temporary top of ETH at $6, the first major top at $15, then predicting the fall to $7 and bounce to a double-top at $15. And the final call @ ~$18-20 for an attack that would crash the price. All of which was correct. There are quotes available to dig up to prove this.

There are numerous other successful predictions as well, but I am lazy to type any more replies to your silly waste of time.

[darlidada]

I can confirm I made some money following AM prediction during btc rise in july 2015 (I sold at 295 when he predicted a top of ~315)

Now I also think we go past 1K, I'd like to go leverage long but im not sure where I should entry, I am scared of a retracement back to 6XX (which would make the handle of hte cup complete)

@AM: have you read the article from the swedish miners? they were telling BTC production price was 480 pre halving, so we could stay at 960 post halving if china wants to enforce that price

here: http://www.coindesk.com/kncminer-declares-bankruptcy-cites-upcoming-bitcoin-subsidy-halving/

[iamnotback]

Respectfully, I would not be playing with leverage. I would only act on solid information. The only solid information I have is that the BTC should probably go higher than $750 this year because the U bottom scenario appears to be confirmed. I don't have any solid info on the zigzags interim, nor the precise top price before a very significant decline. I am just thinking the prior top $1200 as overhead resistance, and we should likely have some significant pullback (roughly -25% or more) before moving above that price.

Leverage scares me unless I have very strong information. For example, the leverage of investing my own coin's launch wouldn't scare me, because I have information on whether it is worthy or not.

[iamnotback]

If you wanted to short something, then if the rates are good, probably shorting ETH right now is based on strong information:

ETH will break down hard like a rock falling out of this wedge shortly:



Last chance to sell!

GTFO!

But I am still not advising any one to use leverage as it is very easy to get burned by volatility.

[AlexGR]

You have to remember that there are some pretty big whales that pumped it to 1bn+ marketcap. They may not want to write off their losses, doing whatever it takes. Trade ETH with caution, either way.

[iamnotback]

r0ach changed the thread name from "The bottom will drop out of the alt market soon" to "r0ach's scamcoin observer & cryptomarkets watch".

The BREXIT is looking like it might fail perhaps causing a liquidity and/or confidence contagion move to safe havens (not tiny mcap speculations). Ditto Ethereum on the verge of failing.

So it is possible BTC gets dragged down too temporarily. Keep that in mind as a possibility.

You have to remember that there are some pretty big whales that pumped it to 1bn+ marketcap. They may not want to write off their losses, doing whatever it takes. Trade ETH with caution, either way.

The "attacker's" offer to share 70% of the DAO tokens with miners, means whales may be moving short temporarily so they can own most of the ETH.