CRASH!!!!!!!!!

[JusticeForYou]

im starting to understand how this forum works....

Hit the nail again

Golden Parachutes are nice to have. Aren't they?   hehe

[StewartJ]

The timing of this dip in BTC and a pretty healthy uptick in PM's is interesting.  I wonder if people who dabble in multiple speculative adventures made some sort of a shift.  (I personally had gotten some more silver last week in spite of what I considered higher prices than I had hoped, and have been avoiding buying BTC for a while now.)

I've never really noticed much of a correlation between PM's and BTC prior to this, but I also had not looked real hard.

Silver is traded on a paper market (Comex, London, etc) that keeps prices artificially low by excessive shorting.
(see Max Keiser, Peter Schiff,  Eric Sprott, etc.)

Accordingly, not sure we can find a correlation between Silver and current BTC prices.

[tvbcof]

The timing of this dip in BTC and a pretty healthy uptick in PM's is interesting.  I wonder if people who dabble in multiple speculative adventures made some sort of a shift.  (I personally had gotten some more silver last week in spite of what I considered higher prices than I had hoped, and have been avoiding buying BTC for a while now.)

I've never really noticed much of a correlation between PM's and BTC prior to this, but I also had not looked real hard.

Silver is traded on a paper market (Comex, London, etc) that keeps prices artificially low by excessive shorting.
(see Max Keiser, Peter Schiff,  Eric Sprott, etc.)

I'm fully aware of these arguments and don't doubt them.  I'm also totally delighted by the situation.  Usually the physical price and (artificially depressed) paper prices are close.  As a physical buyer, this translates into more ounces in my hand.  What's not to love!

I feel the same way about any downward manipulation which may be occurring in the Bitcoin markets.  And if manipulators manage to shake BTC out of the week hands, I'm happy to grab a few as they fall through the air.

Accordingly, not sure we can find a correlation between Silver and current BTC prices.

I'm not sure why PM manipulation or BTC manipulation would have much effect.  If both markets are driven primarily by various speculators, which I sense is the case, than shifts in the mindsets of those speculators who have some overlap in both markets might be expressed. And expressed as an independent phenomenon to the various market manipulation schemes which may or may not be in play.

[StewartJ]

SELL SELL SELL!!!


This is the end of Bitcoin!!!


.0001 here we come!!!

Let's see, I buy a $1K of bitcoins at .0001... 

[Electricbees]

These prices are not what I look forward to when I wake up after work...

[RyNinDaCleM]

These prices are not what I look forward to when I wake up after work...

What are you? A bed tester? 

[Sargasm]

I feel like this should break down again... stupid numbers.

[teflone]

These prices are not what I look forward to when I wake up after work...

What are you? A bed tester? 

haha

I was thinking same thing.. most of us sleep after work...

I want his job...

[StewartJ]

The timing of this dip in BTC and a pretty healthy uptick in PM's is interesting.  I wonder if people who dabble in multiple speculative adventures made some sort of a shift.  (I personally had gotten some more silver last week in spite of what I considered higher prices than I had hoped, and have been avoiding buying BTC for a while now.)

I've never really noticed much of a correlation between PM's and BTC prior to this, but I also had not looked real hard.

Silver is traded on a paper market (Comex, London, etc) that keeps prices artificially low by excessive shorting.
(see Max Keiser, Peter Schiff,  Eric Sprott, etc.)

I'm fully aware of these arguments and don't doubt them.  I'm also totally delighted by the situation.  Usually the physical price and (artificially depressed) paper prices are close.  As a physical buyer, this translates into more ounces in my hand.  What's not to love!

I feel the same way about any downward manipulation which may be occurring in the Bitcoin markets.  And if manipulators manage to shake BTC out of the week hands, I'm happy to grab a few as they fall through the air.

Accordingly, not sure we can find a correlation between Silver and current BTC prices.

I'm not sure why PM manipulation or BTC manipulation would have much effect.  If both markets are driven primarily by various speculators, which I sense is the case, than shifts in the mindsets of those speculators who have some overlap in both markets might be expressed. And expressed as an independent phenomenon to the various market manipulation schemes which may or may not be in play.

OFF TOPIC:

Then you need to buy my Silver.  No premium over spot price.

Please see links on my signature.

[StewartJ]

These prices are not what I look forward to when I wake up after work...

I hate to give up my BTC position overnight, but I have been doing it this week because of  "impending doom" factor.

The USD is still the same in the morning as I left it last night...

[Sargasm]

Someone wants off the ride... I bet impatience gets the best of im soon.

5.80000   2114.0816   

[StewartJ]

Someone wants off the ride... I bet impatience gets the best of im soon.

5.80000   2114.0816   

We were at 5.60 a week ago, trudged our way up to $6.50, and in January we've been repeating weekly trends.

Might have to flip my silver 1/2 dollar on this one, to help me decide.

[kentrolla]

get out now while you still can~!

[StewartJ]

get out now while you still can~!

OK, then what... ?

[kentrolla]

get out now while you still can~!

OK, then what... ?

then give yourself a pat on the back

[gewure]

These prices are not what I look forward to when I wake up after work...

well, i woke up with a new position of 88 coins at 5.9

don't know yet if it is good or bad, at least i am not at danger of getting zhoutonged - i think.

[ZodiacDragon84]

Its weighted average on Mt Gox is 5.72...Whats the problem?

[StewartJ]

get out now while you still can~!

OK, then what... ?

then give yourself a pat on the back

Sure looks tempting to go back in... $5.65...with sweet siren calls of "Buy Me! Buy Me!"

[StewartJ]

These prices are not what I look forward to when I wake up after work...

well, i woke up with a new position of 88 coins at 5.9

don't know yet if it is good or bad, at least i am not at danger of getting zhoutonged - i think.

As of this instant, you're minus 19 cents on 88 coins, is that good?

[tvbcof]

OFF TOPIC:

Then you need to buy my Silver.  No premium over spot price.

Please see links on my signature.

OT - sorry.

Is the @spot a special with BTC (cuz' the website seems to state normal spreads and I would be suspicious if it did not)?  If so, is it considered temporary?

You seem to be generating happy customers (though I always allow for the possibility of fraud.)  Although it is cheap, easy, and safe for me to utilize a local dealer, I have more USD with my Bitcoin exchange than I normally like in order to capitalize on a Bitcoin crash if it happens.  A desirable and cheap way for me to get these funds back would be to buy BTC, then buy silver from you.