Quote from: TPTB_need_war on January 18, 2016, 05:27:56 PM

Quote from: THX 1138 on January 17, 2016, 03:19:45 PM

Quote from: Risk Mgmt on January 15, 2016, 01:34:57 AM

double bottom below $1000 in March
Than one more time on 2017...

Quote from: TPTB_need_war on January 17, 2016, 01:53:35 PM

...I believe Armstrong's timing for a gold low is roughly March, if that has not changed since his earlier gold reports. We will have to see if Bitcoin follows gold down in a liquidity crisis event or not. Right now everything sure seems to be quiet in the global markets, but maybe the quiet precedes the storm.

So yes Armstrong could end up being wrong about gold and I could even be further wrong about Bitcoin following gold down. So shorting is risky...

EDIT:

Quote from: TPTB_need_war on August 03, 2015, 08:24:30 PM

...And gold is going to < $700 by end of Q1 2016...

You mention "...a gold low.." So, in your judgement, and while aknowledging the uncertainty, do you imagine a single low / bottom by end of Q1 2016, or double low / bottom by end of 2017?

My writing is very sloppy and missing words (that I hear in my head but forget to type), because I am far too overloaded due to the rate of posting and number of waking versus sleeping hours, in addition to all the other work and tasks I am attempting to do. You all simply can't expect one man to be superman. Impossible. Even the coherence of my writing and thoughts declines as the load increases. It is a documented fact that brain damage results from these sort of patterns of activity (lack of sleep, etc). Especially not good for age 50.7 and trying to cure come chronic dysfunction of the bile duct that has systemic effects in terms of chronic fatigue syndrome, peripheral neuropathy, headaches, whole body itchiness (to the point of having wounds all over my body when I scratch while sleeping) and other symptoms which mimic Multiple Sclerosis (but I now envision I don't have MS but rather the yellow stomach is more likely pancreatic or gall bladder issue, maybe cancer or blockage for other reason).

I consistently stated that I thought the capitulation low would be < $150, perhaps < $100. Last May I predicted the rise to $320 exactly and expected it could begin the decline to the expected bottom. You can find the discussion mostly in kLee's PnF thread in Speculation forum. You find there my exact prediction stating that it could rise back up to maximum of $450 (or maybe I said $400 to $500 range) before making the decline to $150. I also stated that I would be stopped out at $380 if that scenario played out and had I been short (but later I realized had I been short from $320, I would have closed my shorts in the mid-$200s as it was meandering there). The $400 - $500 level was based on some chart analysis and the details are in that PnF thread. Around August or so with the approachin 2015.75, I was on the lookout as to whether the decline to the bottom would come precipitously. But then someone shared with me a copy of Armstrong's gold report and I became aware that the predicted low was roughly March 2016. So then I began to expect the final capitulation low would come Q1 2016. I stated this publicly. I also had more confirmation that Bitcoin was going to rise again when it meandered in the mid-$200s.

As for a double-bottom or whether the bottom with be V shaped or U shaped, I don't have any ideas other than I expect the crash of Bitcoin is going to be due to fundamentals such as the realization that the Chinese miners control Bitcoin. And thus I don't expect any quick rise back up.

Actually it is very difficult now to analyze the future of crypto. I just know I see an incredible opportunity for me given I have a design which solves these technical problems, so I need to busy coding and not posting about these matters.

Another perspective could be that Bitcoin will be centralized and the block chain size increased and that we've already seen the bottom at the V bottom dip to $150 before.