The FOMO is over. The Bitcoin halving was just another hype to trick the imbeciles into investing into a Ponzi scheme that is also the biggest scam that humanity has ever seen. Smart institutional investors who had a couple billion dollars of disposable income that they are not afraid to lose have already dumped their bags to the clueless fishes for a giant...
2023 had been the biggest sucker rally/bull trap that the market has ever seen. Under NO logical circumstance was a highly speculative unregistered security "asset" was even supposed to go up, other than that it was driven by media hype and market manipulation on an unprecedented scale. But I can promise you, all of this will come to an end next year. Now your...
Ok, ok...I know that my previous predictions about Bitcoin going to zero was slightly off, but that does not change the fact that this FOMO driven rally (which has NOTHING to do with market fundamentals, by the way) will eventually stop, sooner or later. The only reason that the cryptocurrency market is defying all logic is the sheer fact that crypto bulls, even...
That's right, you read it here first. Bitcoin, and all cryptocurrency will go to zero on 7/1/2023 or earlier and there is nothing you can do to stop it. The Fed's will only continue to hike interest rates because inflation is not going anywhere. Oh and did I forget to remind you that we are still in the middle of quantitive tightening and the reduction of the M2...
Bitcoin bulls are once again rejoicing in their party of hopium, all because they fell for the narrative that the Federal Reserve will reverse raising interest rates and switch to quantative easing. The collapse of the three banks recently and the recent CPI data release did literally nothing to scare the intelligent investors like me who will continue to stick...
I have previously calculated that it would take the Fed's until 2031 to roll off all of their balance sheets. Based on projected trend, the M2 money supply will continue to go down to levels we haven't seen since 1985. By the time the job is done, there will be only 2.3T of USD in circulation, a decline of 88% in money supply. Ladies and gentlemen. If this...
Charlie Munger said it best. An excerpt from Fortune states that "He says he wishes it had never been invented. He says that Bitcoin is “stupid and evil,” and useful to “kidnappers and extortionists.” He compares crypto to “rat poison,” and a “venereal disease.” And he says it’s “almost insane to buy this stuff or trade in it.” " If the partner of Warren Buffett,...
For those who haven't seen my previous analysis, I posted my theory for why everyone should dump Bitcoin, crypto, stocks and all other assets in exchange for US Dollar. The reactions I received ranged from negative to ultra-negative, but that shouldn't be a surprise given that even in 2023, there are simply too many bulls out there still longing the market like...
Happy new year for all the US dollar bulls out there! And for you hodl'ers who still refuses to sell and says that 2022 was a bad year...well 2023 said "hold my beer"! The US Dollar is about to embark on a once in a century supercycle bull run that will not see a peak until at least 2031. The reason I set that year is because: 1. I fully anticipate that the...
I warned for over a year now and still no one listens. I'll say again and again...Bitcoin is worthless internet money created by some Japanese dude as the largest and longest Ponzi scheme in the history of mankind. What you are now witnessing, is the total collapse of the crypto market in the making passing the point of no return. FTX is on the way out, and I can...
For the remaining crypto bulls out there that are still holding onto the belief that Bitcoin "hedges against inflation" or "will go up when the feds pivot" or "but...but...the 2024 halving", I am delighted to warning you for the last time that this will be the FINAL time Bitcoin will see 20k ever again. The next FOMC meeting will see interest rate hikes of 100+...
The bad news for all speculative crypto investor has finally reached their door step for the stubborn long term HODL'ers who though that just because they survived 2014 and the 2018 "crypto winter" that they are no exception to this year. Well...2022 is completely different. The next FOMC meeting will see the last of the HODL'ers who still cluelessly speculate...
Ladies and gentleman, I proudly present my modest prediction of the rise and rise of the humble greenback. Since it's inception in 1913, it had succumed to the loss of value and purchasing power. Now things are about to change. The entire crypto market will collapse this year, along with most stocks, index funds and real estates. The only winner at the end of this...
The TA is filled in on the chart, and it's pretty straightforward. The Federal Reserve today have sealed the fate for you crypto holders still too stubborn to sell at a loss. At least it's better to sell at a 75% loss now than a 100% loss next month.
Bitcoin permabulls, investors, traders, HODLers who held BTC for over 10 years or even modest bears who expect a bounce after going below 10k, I have bad news for you. The time has come to make a serious decision: 1. Stick to your magic internet money that clearly proved to be a failure to hedge against inflation and risk losing everything and letting it go to...
“In the case of bitcoin or any other essentially cryptocoin asset, the basis for the fundamental value and the basis for the capital gain is not there, it’s vaporware; it’s not backed by anything. They’re not currencies, they’re not even assets, they’re highly volatile, they’re speculative and they’re subject to manipulation of one sort or another.” - Roubini...
I still stand by my case that Bitcoin wil go to zero by July 1, 2022. Feds have came out and said that they will continue to raise interest rates and quantative tightning...sealing the fate of the entire crypto market. Bitcoin, and all cryptcurrency will be completely worthless by the first week of July. There is still time to escape to the safety of the US...
The "relief rally" you see today is the final gasp of air of the crypto permabulls before they drown in the sea of the bears. Today will be the last day in history of Bitcoin seeing 20k. I stand by my projection that Bitcoin will hit zero by July 1, 2022 and the US Dollar becoming a real deflationary and the best asset to hold for decades to come. Consider...