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RE: Clif High: Discusses Cryptocurrencies Breaking Loose
Clif said he did not see how to convert STEEM into Bitcoin (or get it into fiat).
I strongly disagree with Clif's assessment of STEEM. In the last week, I have successfully converted both STEEM and STEEM Dollars to Bitcoin.
Steem on,
Mike
None of us is right all the time. Clif is a very clever guy, i have been following him for years and most of what he says comes to pass sooner or later. Silver and Gold are tricky to predict as they are so controlled, but it looks like their time is about to come, sooner than later judging by Martin Armstrong's — ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.
We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018. Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.
The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.
Great view points!!! Your comment gets a full upvote!!
Do you blog about Martin Armstrong's model? On YouTube jsnip4 talks about the Martin Armstrong model. Sounds like you have a good grasp on the model. I would be interested in learning more.
Thanks for your comment, it is greatly appreciated.
Have a great week!
Steem on,
Mike
Thanks for the full upvote. I do like to report on Martin and I have studied him since his release from prison. I have paid access to a number of his models and I like to pass important information along to others.
I look forward to reading those blog posts!
You gained a new follower!
Have a great week!
Steem on,
Mike
Clif isn't right about everything. And his perspective may change with time, especially as STEEM matures and becomes more visible in his data sets.
When he said that he did not see how STEEM could be exchanged for other cryptocurrencies like Bitcoin, I knew he did not fully understand STEEM.
He may have tried SteemIt in the early days and has not had time to try it out again. A lot has changed and there are many ways to exchange STEEM for cryptocurrencies now.
Have a great day!
Steem on,
Mike
I disagree with him as well.
uhh wouldn't you use an exchange like every other crypto ever....how does he miss that?
He also called himself out on the 600 dollar silver thing twice in the interview. And he jacked his price to 99 bucks.
anybody smell that??