Quote from: dloghwak on April 13, 2016, 01:59:48 PM

Quote from: TPTB_need_war on April 13, 2016, 01:03:07 PM

I told you guys a month or so ago, that XMR had broken out against BTC and that it wouldn't make lower lows w.r.t. to BTC, but you needed to sell some because the market is going to be incredibly volatile and bear market directed until later this year or Q1 2017.

I explained the reason in my prior post, if you click off to read the detailed post, you will learn something.

No one listens to me even though I am nearly always correct on the markets. How many examples would you need. I called the first top in ETH, then the overall top in March before others did. I called the rise of silver from $25 to $48 and decline to $26 on Oct 2010 many months before it occurred. I called various moves in Bitcoin such as predicting on this forums last April or May that Bitcoin would rally to $320 then decline.

https://bitcointalk.org/index.php?topic=1055263.msg11329427#msg11329427

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We are going below $150 (within several months) before we go to $1000 again some years later.

May 09, 2015

https://bitcointalk.org/index.php?topic=1049048.msg11379311#msg11379311

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This is why I am saying the gold and BTC will make their final and lower lows this year.

May 15, 2015

Go to Cyperdoc's thread and find my predictions for the rise to $320 and then the decline.

Here is the explanation of the delayed timing of the expected selloff low in gold (and by correlation my expectation of selloff low in crypto):

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

[...]

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.

Note since writing that Armstrong has clarified more his sling shot timing and also the timing of the low, so it has dragged out a couple to few more months. This is because the Fed decided to rescue Europe by not raising interest rates, which is going to make the rise much more precipitous when it comes.

That is what my post that started this discussion was detailing.