Quote from: rpietila on October 16, 2015, 05:15:42 PM

Quote from: darlidada on October 16, 2015, 05:05:55 PM

bitcoin going up, anyone know why? i thought 2015.75 was supposed to be the armageddon, instead we have a rally! wtf?

I don't know nothing about Armstrong, but even I know that 2015.75 WAS the armageddon, the low point of private assets.

Bitcoin IS now going up until the next trend turn.

Any one who paid for Armstrong's gold report last year knows the predicted low has been Spring 2016.

I did write in klee's PnF forum after Bitcoin achieved my prediction from May of rising from low $200s to exactly $315 as I predicted, that it could meander and eventually go as high as $380 before I would be stopped out of a hypothetical short position projecting a low well below $150. Originally I was thinking the low had to occur by or just after 2015.75, but someone with access to Armstrong's gold report made me aware the target low is Spring 2016. I was originally thinking a stampede into sovereign bonds as the final peak in government would cause a liquidity crisis and gold/BTC would be sold off by 2015.75, but then after reflecting on this projection for a gold low in Spring 2016, it made sense to me that the liquidity crisis would coincide with the move out of bonds as interest rates in the USA start rising because that would reflect a stampede whereas the current move into the short-end of the sovereign bonds is orderly and expected reaction to the worsening economic signals out of Europe, China, Japan, etc.. The Fed delayed this move to 2016, right in line with that interpretation.

So yeah enjoy the bounce in private assets, but the liquidity fat lady hasn't sung yet. The wise will sell into the bounce.

P.S. again it is my intention to stop posting in the forum. If there isn't a series of post that basically calls me out by name, then I will be able to gracefully step away so I can focus on my pressing concerns about my health and entirely depleted savings (and no income and no form safety net to fall back on, not even family).