Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
nanobrain
on 24/08/2016, 13:25:31 UTC
*Edit: Btw... look at the Dow Jones... for the last 5 days. Cheesy  Cheesy  Cheesy ... stuff is about to happen! Probably the last "Hail Marry!" pump before the big crash.

*Edit2: Basically the calculations and the numbers say that the big crash will be starting September 21-22 .. and it will go 7 days of trading. Reaching the 8th day on October 3. I suggest people should stop gambling and get in to physical things like Gold, Silver, BTCitcoin before/till then.

lol. The Stock markets especially in the USA are super bullish. There is not even a slight sign of an incoming crash.

I know a lot of people would bet all their money here on a financial collapse because they wish so. But people have been calling dooms day for decades and still nothing has happend beside the 2008 money printing and the tech bubble.


Wishing that something happens doesn't make it happen.

While I agree that the average BTCultist's obsession with financial armageddon is predictable and tiresome, you can't ignore the fact that the statement you just made (in bold above) is incredibly ignorant.  Describing the GFC of 2008 as some "money printing" is akin to calling Hiroshima "urban redevelopment".

The roughly 7 year economic cycle of boom and bust has been occurring for the past forty odd years and we are overdue a recession; so you can understand why people with a bit more knowledge of economics than yourself are predicting some sort of downturn in the near future.