Sadly several of my recent shorts are stopped out breakeven, seems gold still have some momentum, waiting for China's mass production come in second half year
There might be a problem. Just like BTC, what if chinese just mine the gold and keep them? With each price raise, they mine more gold and store them in the reserve, and their spending is by loan backed by these gold/silver reserve, so the actual availability of gold/silver is not getting higher, the price will go further up. Then, after FED begin to tighten, they can not get loan and try to sell gold/silver, then there will be a huge crash due to less liquidity
From this view, I tend to change towards long side in the coming years, at least until FED tightens
it won't take that long. True, although FED promised an extremely lose policy until 2014, it will face inflation pressure very soon it doesn't matter what they promised. |
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are you kidding me? y'all gonna make him a nervous wreck!  |
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I can save you a fortune right now with a simple business concept that drives the rental car market. Pay per use will always be more cost effective than rent to own and with every one time use you get to try out a new model with a modernized and progressive onboard computer. Stay single!
The best thing about it is you don’t need to pretend to care about the cute thing her cat did today.
"I don't pay prostitutes for sex. I pay them to go away afterwards." - Charlie Sheen
I would like to know where to buy diamonds for bitcoins but not for her, for me!
Shameless; just shameless  |
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not sure how you'd tap into all that anger and distrust but its there.
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i hear an advertisement coming: " A year ago, you could buy a pizza for 10,000 Bitcoins;
Now, those same Bitcoins can buy a Diamond. Call Memory Dealers for more information."  |
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Congrats Roger! Good luck on procuring a ring with bitcoins. Hopefully a couple years from now we laugh about how it took so many bitcoins to buy a $50,000 ring.
does anyone else see the irony here? it would take approximately 10,000 BTC's to buy that ring today. wasn't Bitcoins breakout heralded by the 10,000 BTC pizza? |
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ok, i think we have it folks. sorry i was a little early. |
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Oooooh, I can hardly wait. Who is he? The price for my bitcoins will be $1 million each. This guy will make me rich. I will pay good money to know who he is.
actually it would be $infinity. woohoo! |
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People swap SIMs all the time to save money when traveling by using a local pre-paid GSM card. It's not elegant, but it could work.
can u tell me how this works? my son is travelling to Southeast Asia this summer but the only GSM old phones we have are Blackberry's. is it possible to stick a prepaid local SIM card in it and have it function for him there? the problem i'm thinking is that BB's require internet access don't they so how would that effect things? |
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watch it. VIX, TLT, and TRIN all rising.
i bet AAPL breaks down from here...
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this is an interesting question. offhand i would've said they'd hate it as it does threaten the status quo.
otoh, it depends on their state of mind. if they think the "system" as they know it is coming to an end then it should be a no brainer to invest a few millions of their billions into a promising technology that has the potential to be disruptive to the USD game.
i actually think the latter has already started to become more apparent as we head into the next crisis.
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My fiancé agreed to allow me to buy the ring with Bitcoins, with the condition that I have it by the end of March April 2012.
Marriage comes with conditions? whodathunk? |
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50k for a wedding ring!!! Baller! Congrats Roger! I am happy for you!
Actually, if I can't get a major merchant on board with this purchase, I will buy a MUCH MUCH cheaper ring. I'm lucky that my fiance doesn't care much about Diamonds or Bitcoins, or money in general. She just wants a happy family. then just buy her a 10k ring she likes and donate the other 40k to bitcoin software developers. much bigger impact. actually pretty much anything would have a bigger impact than buying a wedding ring. put 40k into starcraft 2 tournament prizes and you got tens of thousands more bitcoin users by the end of the month. congrats btw lol, you guys are ruthless. |
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the last time we had a wall of this size and determination was at $2. i was a part of that. i think we have a new bottom.
The $2 walls were a much larger portion of the market. MtGoxLive's graph showed 50K BTC on the bid wall and 25K BTC in other bids... this time it's 45K BTC on the bid wall and 115K BTC in other bids. yes but the # of USD's is larger. there's no denying this is bullish. i've said $4 is the new $2 psychologically. you're free to disagree but this bid has been put front and center @ $4.60. someone wants IN in a big way. Or that's what they want people to think so they can drop the wall and squeeze the longs. Don't be so sure you know another's motive. Like Proudhon said, seen it before. I don't know who's right, and maybe it is still up in the air for the person who placed the wall. He/She could be waiting to see how the market handles the threat to know what the best way to take it is. i guess the only way for us to know is if ppl starting hitting the wall. somebody step up, please. as an aside. if you took down this 40K BTC wall, the bid side still outnumbers the ask side. |
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the last time we had a wall of this size and determination was at $2. i was a part of that. i think we have a new bottom.
The $2 walls were a much larger portion of the market. MtGoxLive's graph showed 50K BTC on the bid wall and 25K BTC in other bids... this time it's 45K BTC on the bid wall and 115K BTC in other bids. yes but the # of USD's is larger. there's no denying this is bullish. i've said $4 is the new $2 psychologically. you're free to disagree but this bid has been put front and center @ $4.60. someone wants IN in a big way. |
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cypherdoc, do you think that the legal issue will be a potential obstacle for the next rally of the bitcoin?
without a wide spread exchange+broker+agent+sales net work, I don't think a big rally is possible for the price rise to more than $100. the money should flow into the bitcoin very fast.
i really don't think so. we already have several US based alternative currencies like Bershares, Liberty Dollars, Facebook credits, etc.: http://en.wikipedia.org/wiki/Alternative_currencyi'm more concerned with a surreptitious attack like the 51% scenario; but not that worried. |
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