A lot of you guys are missing the context on the very long running Proudhon posts.
He's been posting here for as long as I can remember, likely before I joined back in 2012.
The running joke / laugh used to be that at times of uncertainty Proudhon would stop by, especially in the 'Wall Observer' topic and confirm that the top is in and we're never going to see the likes of $100 again - ever!
He was always regarded as a contrarian - whatever he said - the opposite happened.
Only once do I recall him saying the 'bottom bottom' is in and that was when it hit about $55 after the 2013 crash down from about $260 on MtGox - he was 100% correct on that call - it never went that low again.
Considering that, when Proudhon appears at a time of uncertainty it is a bullish indicator / omen but I guess you would have had to be here in 2012 / 2013 to fully realise that.
This is why I like to see a Proudhon post....they do have meaning
He's been posting here for as long as I can remember, likely before I joined back in 2012.
The running joke / laugh used to be that at times of uncertainty Proudhon would stop by, especially in the 'Wall Observer' topic and confirm that the top is in and we're never going to see the likes of $100 again - ever!
He was always regarded as a contrarian - whatever he said - the opposite happened.
Only once do I recall him saying the 'bottom bottom' is in and that was when it hit about $55 after the 2013 crash down from about $260 on MtGox - he was 100% correct on that call - it never went that low again.
Considering that, when Proudhon appears at a time of uncertainty it is a bullish indicator / omen but I guess you would have had to be here in 2012 / 2013 to fully realise that.
This is why I like to see a Proudhon post....they do have meaning
A lot of you guys will be missing the context on the very long running sgbett posts.
He's been posting here for as long as I can remember, likely before samson joined back in 2012.
3.
This is why I like to see a sgbett post....they do have meaning