I identified him as a quack two months ago when he made a post about EOS. I explained why elliot waves predictions does not work on an ICO that introduces 2,000,000 new tokens into the circulating supply every single day for one year.
His response was rather ignorant saying things like: "I don' care" about the token distribution, and arguing with me about how long it lasts.
It was very easy to see through his lies, and tell he really knew nothing about EOS, the token he was doing an "analysis" on.
I suggest this to you all: Pick a coin or token that you are well educated on, and watch his TA video on it ( I'm sure he's made one for it). Decide for yourself whether or not he's full of shit.
Or just look through his posts and ask yourself the obvious questions that seem out of place... Why are there so many low reputation followers with no pictures or posts that constantly leave typical comments like "Nice post!" earning $5-10 upvotes from each other. Look deeper into these accounts and ask yourself if what's going on makes sense.
EOS 11/17 = $1.67
EOS 1/18 = $9.68
So, you called him out on EOS, were completely wrong and got hopelessly owned, and you are here spinning it as "you were right?"
I can see why your rep is sub-50.
are you retarded or do you just have selective comprehending? I never said EOS wouldn't increase in value if that's what you're assuming.
Try reading a little harder.
I thought typing it in caps would help people like you, but I guess some people are just a little slower.
Serious question:
How is he lieing there? He always says that he doesnt care in fundamentals.
Your argument about EOS is an fundamental argument.
The fundamentals of EOS my dear. If one is not interested in the fundamentals herein, one is not able to use it seriously.
Citation for made up bullshit needed.
Actually im just new to Crypto in general and no troll.
Whats your problem, i even said serious question.
a-dalora: You're right. Never said that I actually think that TA only is the best of choice. Its still a nice tool.
Still its his opinion. ponts sounds jealous to me.
Oooh look, another low rep/ no picture haejin follower/ resteemer standing up for him. Go away obvious troll.
Does it hurt getting owned this badly?
he is right on that a TA trader does not care many times about the fundamentals, a day trader will profit more on TA rather than waiting for the news. Short term, TA, mid-long take care of the Fundamentals :)
He has openly admitted he doesn't care for Fundamentals and his appeal is clearly just Elliot Wave Technical Analysis. It is possible to be successful purely using TA even though I think it is dangerous to do this without understanding Fundamentals, but that's not really the issue here. The question is - Is his stand-alone TA any good?
Maybe there is some confusion in using the word Fundamentals. It seems to be used in the classical sense of fundamentals of the asset by one poster, but in the sense of fundamentals of the theory. If one dismisses fundamental analysis and favors technical analysis he still has to accept the fundamentals of technical analysis to keep hies views consistent.
"accept the fundamentals of technical analysis"
Oh, you mean, exactly like he does?
Do you even know TA?
What is the intended meaning of your 'cathchline' ?
@ponts wrote:
My reply on @buggedout has to be interpreted in a context respecting this comment.
The point is that even if someone is believing in Elliot Waves and Technical Analysis, the ongoing distribution of tokens does not allow its application out of its own underlying ideas.
@lexiconical wrote:
Maybe you should read comments more carefully. The contrary was the statement.
Obviously ! What about you ?
Just because he doesn't "care about the fundamentals" doesn't make my point go away. YOU CANNOT USE ELLIOT WAVE PREDICTIONS WHEN THERE IS A HUGE INFLATION EVERY SINGLE DAY. Why is this so hard for people to comprehend?
And yet, he did so and is making you look stupid.
Your point is valid, but it is actually not relevant to this thread. This isn't an argument of technicals vs fundamentals and if it were, and you actually were a reader of my blog then you would know what side of that debate I am on. It is about potentially settling a dispute with audit-able facts and performance benchmarking instead of screaming opinions at each other.
If you are correct then I will probably actually prove your point. Until then, pull your head in.
When you analyze a coin's potential value and increase in value, but you don't take into account that there's a huge number of these new coins being created every day, you're not actually doing a technical analysis. Not caring about fundamentals doesn't make the inflation go away, it just means you failed at analyzing the coin.