Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
iamnotback
on 25/12/2016, 17:42:38 UTC
You're kinda trying to rewrite history here.  You went through a i hate everyone in Monero and hope you die stage and then claim you told people to buy it, so it's more like you posted completely contradictory information on Monero.

It is a fact that I said to buy Monero before the blast off. My other criticisms of Monero were orthogonal to any analysis of the chart pattern. Please don't blame your conflation on me. That is your lack of mental acuity.

Btw, I also advised buying Monero earlier this year, before it had its massive rise.

I suppose someone probably already posted this chart. I had never looked at the long-term Monero chart before:

https://www.tradingview.com/chart/XMRBTC/3QZ1D3nD-The-Monero-Bear-Market-Is-Over/

That is impressive. Monero has broken out of the down wedge, which is very technically bullish. But that doesn't mean it can't fall back first to the historic support at 0.0017 BTC. And if BTC falls to < $150 as I expect, then that could mean Monero declining significantly and still be in the bullish formation as Bitcoin makes its final bottom and we start a new bull market in crypto (I subscribe to the theory that BTC is still declining from 2013).

There were numerous other posts of mine where I made the same recommendation about Monero at around that time.