Quote from: Hyperme.sh on September 29, 2017, 04:37:19 PM

Quote from: sidhujag on September 29, 2017, 03:03:03 PM

forget your slingshot nonsense. Crypto is on an S curve.. not a bubble.

My nonsense? I shared a theory of someone else and MA. Its not my nonsense. Did you even read the entire linked post?

Quote from: Hyperme.sh on September 29, 2017, 01:42:31 PM

Seems the ICOs such as NEO are getting very strong recoveries, so perhaps the FOMO market is going to stick out their middle finger to the regulators and dare them to actually delist tokens in many major nations. Perhaps the party wont be over until the fat lady sings?

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So MA is thinking maybe a peaking on DJIA at 22463 and decline in the week Oct. 2 or Oct. 16. If crypto is macroeconomically correlated (something about risk assets?), so perhaps BTC is going to reassault $5100 before a drawnout correction?

LTCBTC appears to me to be in a bullish triangle (wedge) preparing for a massive breakout to the upside over next months. 0.01 is the resistance of the triangle, which has been rock solid. Wed need to have seen lower lows on LTCBTC in order to be in a bearish mode, but we havent. Our minimum upside was 0.03 BTC which has not been achieved yet.

Also thus far this correction is less severe than the 2013/4 crash. That Mt.Gox driven flash crash caused BTCUSD to decline more than 60% and LTCUSD more than 80%. So far on this correction, BTCUSD only declined 40% and LTCUSD only 60%. So possibly we might have another leg up still or at least rising back to a double-top.

If we still have to see the original predictions of $1500 and $150 for LTC and BCH, then that would put BTC topping out at 0.03 - 0.05 w.r.t. to LTC so BTC reaching no higher than ~$5000. Perhaps BTC will double-top in the $5100s which was my original top price.

BCHUSD and BCHBTC have a similar bullish wedge pattern as LTCBTC (whereas LTCUSD has a similar blowoff topping pattern as BTC). This indicates a possibility that BTC and LTC are moving towards their tops, and then BCH will lag and rise magnificiently. Which coincides with the fanatical theory about BTCSegWit dying a fiery death. If BCH went to $1500 while BTC declined to $3000, that would a 5X gain in BCHBTC.

Quote from: sidhujag on September 29, 2017, 03:03:03 PM

a big crash in dow is inevitable

Nonsense. MA has shown the data numerous times that the retail participation in the stock market is pathetic since the 2009 crash. The masses have not yet piled it. They will do so above 28,000 when the dollar goes very high against Euro and Pound.

The most crash we will get in the DJIA is a SLINGSHOT. And we may not get any crash at all if it stays above 21000. Above 40,000, the DJIA might crash, but that is some years from now. This has been MAs consistent prediction since Aug/Sept 2012 at least when I read it in his blogs at that time.

Were likely to get a much larger crash in Bitcoin than in the DJIA. In fact we already did from $4950 crashed to $2950, but it has recovered thus far.

Yea ive been waiting for dow 32k since 2011 to short it.. but im not so sure anymore. I think statistically bear trend favors bull here at this time and place on the dow chart. Lots if noob ppl asking me which stock to buy so there are noobs back into stocks.. it seems to line up that we are close to a top. 32k made me thing itd be a blowoff top then retreat but we just grind without that blowoff.. maybe itll come and might take only a week or 2 to hit that 32k.