Re: Martin Armstrong Discussion

If Martin's model is to be believed. How low can we expect Bitcoin to go? and by When? Is Under $100 in Spring of '16 a safe bet?

I think bitcoin does not go low, he doesnt state anything about bitcoin and perhaps because its new, no cycles to go off of, but I personally believe its cycle low has been achieved and through either cycle, public or private bitcoin will benefit regardless of what usd is doing. Thats me personally though.

TPTB_need_war has thoroughly explained what will happen with the BTC if M. Armstrong is correct. BTC should be considered as commodity and most probably will follow the way that gold & silver will go.

Be careful with terminology. I know what you meant but he said that gold will decouple from other "commodities" because the collapsing economy will not lead to high prices of things like iron ore. Precious metals (and perhaps Bitcoin) are in a different category.

Correct, infact bitcoin doesnt have to be like anything. its really a new class of investment itself which is why it cant really be categorized.. Thus any predictions regarding it will likely fall flat.

Im paying attention to armstrong but more for global economic outlook, for bitcoin specifically? Not so much.