bitserve
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Self made HODLER ✓
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December 23, 2017, 03:31:47 AM |
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Is it just me or the 1d Bitstamp chart looks VERY bullish?
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nikauforest
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December 23, 2017, 03:34:36 AM |
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Is it just me or the 1d Bitstamp chart looks VERY bullish?
The 4 hour looks to be turning bullish
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bones261
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December 23, 2017, 03:42:48 AM |
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Silver can be produced through the s-process in larger stars and can also be produced in normal supernova through the r-process. The two neutron stars colliding is just an extreme way to get the r-process going.
Unless you plan to hold a cup out on earth while standing in the blast zone of a supernova raining down on you, the semantics of that equation are not so important concerning the mostly closed ecosystem of this planet. It is possible to synthesize silver with modern equipment, though. Although I concede that the production cost would end up being magnitudes of order greater than any value received. Our civilization would have to be on the Dyson Sphere level to even come close to making that economical.
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LewisPirenne
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December 23, 2017, 03:56:28 AM |
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It is possible to synthesize silver with modern equipment, though. Although I concede that the production cost would end up being magnitudes of order greater than any value received. Our civilization would have to be on the Dyson Sphere level to even come close to making that economical.
I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. It just means that silver has been demonetized. A study on why something would be monetized (like bitcoin) or demonetized (like silver) is an interesting topic in itself. But now days, I just give away those silver maples/eagles as souvenirs. Pretty much no one has a clue on how much these lovely coins are worth. As for Dyson Sphere, I suspect that if they are ever built, they would be for powering bitcoin hashing rather than synthesizing silver at the rate we are going with hashrate.
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cAPSLOCK
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Whimsical Pants
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December 23, 2017, 03:59:01 AM |
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bones261
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December 23, 2017, 04:05:21 AM |
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It is possible to synthesize silver with modern equipment, though. Although I concede that the production cost would end up being magnitudes of order greater than any value received. Our civilization would have to be on the Dyson Sphere level to even come close to making that economical.
I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. It just means that silver has been demonetized. A study on why something would be monetized (like bitcoin) or demonetized (like silver) is an interesting topic in itself. But now days, I just give away those silver maples/eagles as souvenirs. Pretty much no one has a clue on how much these lovely coins are worth. As for Dyson Sphere, I suspect that if they are ever built, they would be for powering bitcoin hashing rather than synthesizing silver at the rate we are going with hashrate. If silver is required for solar energy, than a Dyson Sphere would need lots of it. You can't build massive solar collectors (which are what dyson spheres are), out of Bitcoins.
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LewisPirenne
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December 23, 2017, 04:13:44 AM |
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I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. It just means that silver has been demonetized. A study on why something would be monetized (like bitcoin) or demonetized (like silver) is an interesting topic in itself. But now days, I just give away those silver maples/eagles as souvenirs. Pretty much no one has a clue on how much these lovely coins are worth. As for Dyson Sphere, I suspect that if they are ever built, they would be for powering bitcoin hashing rather than synthesizing silver at the rate we are going with hashrate. If silver is required for solar energy, than a Dyson Sphere would need lots of it. You can't build massive solar collectors (which are what dyson spheres are), out of Bitcoins. Like those permanent magnet based on rare earth, as soon as rare earth elements price spike a few years back, all sorts of cost saving process are researched and implemented. So not a surprise that as silver is like I think 20% (?) cost of solar panel, people immediately shift to thin-film process. So I presume that future process may not use any silver at all, just like there are permanent magnet without rare earth elements now days, since they are crucial for electric cars.
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roach_lost
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December 23, 2017, 04:25:25 AM |
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It is possible to synthesize silver with modern equipment, though. Although I concede that the production cost would end up being magnitudes of order greater than any value received. Our civilization would have to be on the Dyson Sphere level to even come close to making that economical.
I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. It just means that silver has been demonetized. A study on why something would be monetized (like bitcoin) or demonetized (like silver) is an interesting topic in itself. But now days, I just give away those silver maples/eagles as souvenirs. Pretty much no one has a clue on how much these lovely coins are worth. As for Dyson Sphere, I suspect that if they are ever built, they would be for powering bitcoin hashing rather than synthesizing silver at the rate we are going with hashrate. Silver is demonetized because the sovereign wants it to be demonetized. Similarly to how the UK drivers use the side of the road opposite to the side of the road used by the US. Different rulers; to a degree.
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TERA2
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Deb Rah Von Doom
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December 23, 2017, 04:26:06 AM |
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It looks like it secretly might want to do one more to somewhere between $8K and $12K. There still wasn't enough volume.
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bones261
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December 23, 2017, 04:29:13 AM |
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Any particular reason why Arb bots are not buying BTC from finex and selling them on Bitstamp, Gdax and Gemini. Surely a spread of 5% plus that Finex had for quite some time would be worth it. I would think the arb bots would be bringing these markets closer together. What is Spoofy up to?
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Imbatman
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December 23, 2017, 04:32:44 AM |
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It looks like it secretly might want to do one more to somewhere between $8K and $12K. There still wasn't enough volume.
I think you secretly want that to happen, not Bitcoin
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realr0ach
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#TheGoyimKnow
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December 23, 2017, 04:35:33 AM |
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I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. That has zero to do with it. The US produces BARELY ANY silver at all. They rigged the price of silver to both try and prop up the debt based scam dollar, plus it means the US pays nothing for all the silver it imports. It also means nations like Mexico give away some of their most precious assets for nothing. All that is now changing. Many of these other nations they tried to impoverish on purpose started hoarding gold (like India and numerous arab states). So now there is no real incentive for organizations like the Pilgrim society to prop up gold and suppress silver. If anything, there's now more incentive to let silver rise and suppress gold. None of the world powers want places like India to all become millionaires overnight. That would just mean the other nations are their slaves, and why would anyone be a slave to India? The fact India has lots of gold means the price of gold is capped at a certain point but silver can moonshot. Fort Knox doesn't have the gold there either and JP Morgan has acquired an enormous amount of silver on behalf of the US govt as part of their plan B, C, D, E, F, G when the monetary system blows up; that and strategic reserve. So as you can see, silver is not going to be suppressed much longer since there's no real reason to. When the metals sector breaks free, they aren't going to try and stop silver from ripping people's faces off. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. There is a reason China now issues silver in the same acrylic, protective capsules as they do gold. You just haven't seen why yet.
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RoomBot
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December 23, 2017, 04:37:15 AM |
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Hear ye, fair citizens...
What's crackin'?
FOLLOW THE ORANGE BRICK ROAD! FOLLOW THE ORANGE BRICK ROAD! HODL HODL HODL HODL! FOLLOW THE ORANGE BRICK ROAD!
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Imbatman
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December 23, 2017, 04:38:08 AM |
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Are addresses going to be longer because there is a concern they can be cracked with quantum computers within the next 10-20 years? I think I read this somewhere.
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roach_lost
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December 23, 2017, 04:41:06 AM |
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wow...they actually packed a lot of information in that, and finished with a zinger...I like it Yes, yes and the characters are on point too with the black woman being logical and inquisitive while the blonde woman is naive and emotional. It just fits the narrative so perfectly one almost forgets this is actually an ad for bitcoin trying to get more people to adopt it than the apparent criticism that is somehow expected by most to come from a sarcastic sketch show forever used as an extremely effective source of extremely powerful commie poison.
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bitserve
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Activity: 1820
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Self made HODLER ✓
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December 23, 2017, 04:44:13 AM |
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Any particular reason why Arb bots are not buying BTC from finex and selling them on Bitstamp, Gdax and Gemini. Surely a spread of 5% plus that Finex had for quite some time would be worth it. I would think the arb bots would be bringing these markets closer together. What is Spoofy up to? Bitfinex prices are not real USD but USDT, which is at this moment 2% over USD. That reduces 5% to 3% profit. Also Bitstamp doesn't do USDT. I think Gdax and Gemini neither. That 3% is probably not worth arbitraging in a so volatile moment like this and Bitfinex adds too much third party risk over other exchanges (which also have some third party risk). Lastly, you can only do that once if you have the funds already in both exchanges. After that, you need to transfer the funds, pay tx fee's, wait for only god knows how long until the exchange release the withdrawal and it gets enough confirmations on the receiving exchange. So... in the end a theoretical 5% spread is not that much when all factors taken into consideration. If you want to arbitrage you can find way better spreads on many alts.
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Typex
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December 23, 2017, 04:48:00 AM |
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Been lurking on this site and particularly this thread for a several weeks now, finally decided to post. Thanks to this thread Ive learned not to panic sell or buy into FOMO or FUD like most crypto newbs would do in events such as the one the last few days. I got burned in the November flippening and almost cashed out for good.
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roach_lost
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December 23, 2017, 04:48:43 AM |
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I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish. That has zero to do with it. The US produces BARELY ANY silver at all. They rigged the price of silver to both try and prop up the debt based scam dollar, plus it means the US pays nothing for all the silver it imports. It also means nations like Mexico give away some of their most precious assets for nothing. All that is now changing. Many of these other nations they tried to impoverish on purpose started hoarding gold (like India and numerous arab states). So now there is no real incentive for organizations like the Pilgrim society to prop up gold and suppress silver. If anything, there's now more incentive to let silver rise and suppress gold. None of the world powers want places like India to all become millionaires overnight. That would just mean the other nations are their slaves, and why would anyone be a slave to India? The fact India has lots of gold means the price of gold is capped at a certain point but silver can moonshot. Fort Knox doesn't have the gold there either and JP Morgan has acquired an enormous amount of silver on behalf of the US govt as part of their plan B, C, D, E, F, G when the monetary system blows up; that and strategic reserve. So as you can see, silver is not going to be suppressed much longer since there's no real reason to. When the metals sector breaks free, they aren't going to try and stop silver from ripping people's faces off. Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver. There is a reason China now issues silver in the same acrylic, protective capsules as they do gold. You just haven't seen why yet. Silver as well as all precious metals have a long future of suppression at least until full blockchain adoption is in place. By then only the inner party will be able to use their blockchain money for pm purchases so everyone will be happy by default. You will learn not to even want it eventually, particularly when there is absolutely no way to use your tokens to get it and everyone you know was born in the same system.
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Granxis
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December 23, 2017, 04:49:16 AM |
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I think the price drop has come to an end, but Bitcoin can not show a stable structure. If the price drops this week despite the fork, we can see quite a sale.
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