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I am confused. Why would difficulty crash if mining is profitable?
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Gold is recently at new highs for the Euro, Argentine Peso, Brazilian Real, Swiss Franc, Indonesian Rupiah, Indian Rupee, Pakistan Rupees and South African Rand. You'll see new highs in US dollars, Great British Pounds, Japanese Yen and others reasonably soon.
Where do you find these charts? |
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Also the 4 of I crosses into the price territory of 1 of I.
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narcotics trading, gambling, and buying bitcoins
we need porn in that list porn is free Free porn sucks... I would gladly pay BTC for a quality porn experience. |
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The Daaash for Digital Caaash. Shhhh.
Look how clever I am...gold correcting down short term, bitcoin correcting down mid term....shh |
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Wow, What the hell is happening. Someone is dumping PM, and cypherdoc didn't post here yet  Hope everything is ok for you. On a side note, I'm happy I didn't took your bet  But If you are sad about that, we can double the previous one (1500$ vs 1900$) I was wondering where Cypher is too, hopefully he is living it up for a few days. Ill double down too. |
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i don't know about you but i'm worried about the integrity of my own coins which is why i'm going to US them. and i bought them way before $1000. i do know that if i'm worried, everyone else is too.
Yeah, people are definitely going to be pretty worried about their physical... But I suspect *most* (in private hands, at least) will be found to be legit. Cheap testing equipment will proliferate a bit, and this will blow over. Obviously, I could be wrong, but these things generally tend to get blown out of proportion... You're looking at this as really bearish for gold. What about the flipside argument? If there really *is* widespread fraudulent physical gold (say, more than 15% of what's in private hands), that instantly reduces what people thought the supply of physical gold was, therefore bumping the price?? Maybe this just causes a big spread to develop between paper and (legit)physical... ? Disclosure: I'm neither bullish nor bearish on gold. Too much variance on all the variables, leading to statistical noise in aggregate, in my opinion... Bitcoin, on the other hand, I'm pretty bullish on. And yeah, good luck filling bitcoin with tungsten. imagine if just one Bitcoin was found to be filled with "tungsten" metaphorically; it would destroy the entire Bitcoin concept. now you can say that it would be different somehow for gold or silver if "just 5%" or even "1%" were fake b/c of its thousand year history but do you really think that will be the case? how many of you can stand to have 5% of your stash to be fake? I think you have a better argument about this being a game changer than I previously thought. Im not going to run and sell, or even test my stack, but keep talking Cypherdoc, you are convincing me. |
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i don't know about you but i'm worried about the integrity of my own coins which is why i'm going to US them. and i bought them way before $1000. i do know that if i'm worried, everyone else is too.
...What about the flipside argument? If there really *is* widespread fraudulent physical gold (say, more than 15% of what's in private hands), that instantly reduces what people thought the supply of physical gold was, therefore bumping the price?? ... I think the flip side is simply that fakes wouldn't be becoming more prolific after the bubble has popped and the price is on the way down. I think its much more likely that fakes start to flood the market as we build up to the real bubble top. |
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Alright I understand what you are saying now.
I agree with "its the realization and sentiment behind further investment in gold which may take a big hit from the increased media attention." I guess I just dont agree that it is a "game changer".
The more profitable it becomes to make fakes, the more profitable it becomes to market a handheld ultrasound device to PM investors... The market will fix this issue of fakes on its own.
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Because we're at the top of a bubble. hmm... Under all time highs + "we're at the top of a bubble" = does not compute. |
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Can you feel it?
I feel it now.
What do you feel my friend? Denial. Over a month ago we went from above $15 to under $8 in just one day. Now the forums are happy go lucky again because we moved up to $12... get ready for Fear. |
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miscreanity asked me months ago on this thread when i would capitulate and turn bullish on gold. i told him here that if gold can get over the February high of 1793 then i'll admit i'm wrong. you all are so close so you'd better buy the hell out of gold just to prove me wrong.
i don't think it gets there.
So close I can taste it. Will today be the day the Cypher turns back into a gold bull? you spoke too soon. "so close you could taste it". how classic. your tongue just got bit off. Is it normal for you to get excited about down moves that happen above your short point?  You called for a collapse from 1690. A move from 1790 down to 17xx doesnt mean anything for you. |
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Any reasonable way for you to prove these claims? Or someway for users to verify these claims themselves (this would be even better) ..."In reopening, a number of improvements to both the wallet storage and website have been made. Bitfloor aims to be safe and reliable platform and as a result have changed our fund storage policy to 100% offline storage for your funds. Daily transactions through out hot wallet will be backed by Bitfloor funds, never putting client funds at risk."... ..."Bitfloor is now running on dedicated servers in a PCI compliant data center based in the US. Bitfloor services are further isolated based on exposure. Testnet and development are not located in the same data center or hosting provider to ensure further isolation. Backups are encrypted and write only on all of the servers. Hot wallet files are encrypted even further and unavailable even with physical access to the disk."... |
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as it stands we operate the most powerful computing effort that has ever existed
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I get this message trying to withdraw my BTC.
oops! something went wrong
We have been notified and will look into the issue.This was my fault 100%  Once I filled out the withdraw page correctly the withdraw was processed immediately. |
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Any reasonable way for you to prove these claims? Or someway for users to verify these claims themselves (this would be even better) ..."In reopening, a number of improvements to both the wallet storage and website have been made. Bitfloor aims to be safe and reliable platform and as a result have changed our fund storage policy to 100% offline storage for your funds. Daily transactions through out hot wallet will be backed by Bitfloor funds, never putting client funds at risk."... ..."Bitfloor is now running on dedicated servers in a PCI compliant data center based in the US. Bitfloor services are further isolated based on exposure. Testnet and development are not located in the same data center or hosting provider to ensure further isolation. Backups are encrypted and write only on all of the servers. Hot wallet files are encrypted even further and unavailable even with physical access to the disk."... |
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