Post
Topic
Board Speculation
Re: When do goldbugs give up?
by
cellard
on 29/08/2018, 23:20:49 UTC
And what about this:



Please stop denying gold isn't any less manipulated than Bitcoin

Tinfoil hat, aliasing error, delusional nonsense. The peak and decline in gold began because of the start of the strong dollar-short vortex and the rise of the DJIA on its way to 26000 (and ultimately 40,000) as Armstrong correctly predicted back in 2011 and 2012 (despite @realr0ach's lies and cherry picking blogs out-of-context). It was a simple international capital flows phenomenon. There was and is no long-term manipulation of the gold price. You guys don't seem to understand anything about the entropy.

Remember it was @realr0ach stating back in 2016 that Armstrong was going to be incorrect about a rising DJIA and strong dollar. Well he ate his words and lost 4000% of this relative value by selling BTC for silver in October 2016. And now he is going to double-down on that mistake and lose another 1000%, to bring himself into the destitute class of -40,000% relative loses over a span of 5 years or so.

The following exponential trend of Bitcoin is undeniable because it is being adopted as the NWO international reserve currency:

https://steemit.com/trading/@anonymint/most-important-bitcoin-chart-ever (see chart on the linked page)

James A. Donald (aka "Jim", first person to communicate with Satoshi on the mailing list where Bitcoin was first announced) recently explained this adoption pattern well:

For a long time the big demand for crypto currency has been wealthy Chinese evading currency controls, but with the recent crackdown on hate speech, we are seeing massive American and European demand, which directly resulted in the recent spike in crypto currency values.

Another substantial source of demand for crypto currency, which has been around since the beginning, is buying steroids and suchlike over the internet, but the really huge move in crypto currency demand came during the recent crackdown on political activists.






My point was that there are way too many coincidences out there when it comes to futures and charts beginning a decline from all time highs. See:









 Roll Eyes

The fundamental analysis of anonymint (dollar short vortex, NWO stuff, armstrong stuff and so on..) is not incompatible with the possibility of they using futures to manipulate assets. At the end of the day we are all theorizing here with whatever info we have, because I doubt any of us has any insider info. So we all on a tinfoil hat party trying to make the best of what info do we have at reach.

At the end of the day we conclude that Bitcoin is the long term winner anyway.