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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1997245 times)
smoothie
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July 31, 2014, 11:01:24 PM
 #10041

Resistance is futile is why.

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           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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July 31, 2014, 11:11:54 PM
 #10042

Keep up the good work cypher, it is well appreciated. I'm sure there are a lot people lurking this thread.
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July 31, 2014, 11:20:27 PM
 #10043

Resistance is futile is why.

actually, there was one other reason i gave it up; tvbcof.

that SOB would constantly troll me and my newsletter, out of envy i'd guess, trying to provoke me.  you can tell he's envious b/c of the things he says about how y'all ought to be thanking him for making this or that call.  he'd say all sorts of disrespectful stuff to try and discourage subscribers to my letter.  as a professional with a Bitcoin business, i couldn't fight back.  now that i've discontinued it, the gloves are off any time he comes around here and trolls me for no good reason.  i'll bet he even noticed a pick up in my willingness to retort but doesn't know why. now he does.  

just a little history.
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August 01, 2014, 01:33:32 AM
 #10044

https://twitter.com/cypherdoc2/status/495019234381266944
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August 01, 2014, 02:01:38 AM
 #10045

Wow +1 lets add the DOW back too.

Since the beginning of this thread:


GOLD DOWN:  -24.2%

BTC UP:  +11,075%


OR


GOLD DOWN:  -99.32% when priced in BTC

BTC UP:  +14,603% when priced in Gold


-------------------------------------------------------------------------------------------------------


DOW UP:  +25%

BTC UP:  +11,075%


OR


DOW DOWN:  -98.88% when priced in BTC

BTC UP:  +8,878% when priced in DOW



Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
Melbustus
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August 01, 2014, 02:30:33 AM
 #10046

Arghh... The LA Times is quoting Mark Williams in an article on the Coinabul mess: http://www.latimes.com/business/technology/la-bitcoin-defrauding-20140729-story.html

How they can present that guy as a valid opinion for anything bitcoin related is beyond me. Don't know why it annoys me so much, but it does.

The author is Riley Snyder. I think people should point out to him what a terrible source Williams is. His twitter handle is: @RileySynder . CCing @latimes probably wouldn't hurt either. And he can be emailed here: Riley.snyder@latimes.com

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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August 01, 2014, 03:24:04 AM
 #10047

Thanks HeliKopterBen.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
smoothie
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August 01, 2014, 06:39:36 AM
 #10048

Wow +1 lets add the DOW back too.

Since the beginning of this thread:


GOLD DOWN:  -24.2%

BTC UP:  +11,075%


OR


GOLD DOWN:  -99.32% when priced in BTC

BTC UP:  +14,603% when priced in Gold


-------------------------------------------------------------------------------------------------------


DOW UP:  +25%

BTC UP:  +11,075%


OR


DOW DOWN:  -98.88% when priced in BTC

BTC UP:  +8,878% when priced in DOW




When you put it into terms like that this blows my mind.  Shocked Shocked Shocked

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███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
molecular
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August 01, 2014, 07:02:55 AM
 #10049

Time to rocket up.

I love how Cypher has essentially discontinued his private news letter and has now given a quasi-version of his letter publicly in this thread.

Loving it.  Grin Grin Grin

if you'll remember, i established the newsletter cuz i was getting tired of sharing my ideas only to be heavily trolled here in this thread.  figured i'd just share with the ppl who appreciated me.

did that, was highly successful, trolling here mostly disappeared, i got tired of publishing it, and now i'm right back here still doing it.  Grin

well: thank you. One of my favorite threads.

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August 01, 2014, 07:31:25 AM
 #10050

What we see with government debt as in Argentina, is that after a default, the market "forgives" a county, and start lending again. Then we have the same thing going.

Analysis: Government debt is a pyramid scheme, where everybody knows that they will go bust again, but, starting at low value, they will appreciate for a while, until they don't.


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August 01, 2014, 08:29:22 AM
 #10051

Time to rocket up.

I love how Cypher has essentially discontinued his private news letter and has now given a quasi-version of his letter publicly in this thread.

Loving it.  Grin Grin Grin

if you'll remember, i established the newsletter cuz i was getting tired of sharing my ideas only to be heavily trolled here in this thread.  figured i'd just share with the ppl who appreciated me.

did that, was highly successful, trolling here mostly disappeared, i got tired of publishing it, and now i'm right back here still doing it.  Grin

well: thank you. One of my favorite threads.

+1
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August 01, 2014, 08:37:30 AM
 #10052

What we see with government debt as in Argentina, is that after a default, the market "forgives" a county, and start lending again. Then we have the same thing going.

Analysis: Government debt is a pyramid scheme, ...


Civilization (governed human beings) is a pyramid scheme.
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August 01, 2014, 09:01:53 AM
 #10053

Arghh... The LA Times is quoting Mark Williams in an article on the Coinabul mess: http://www.latimes.com/business/technology/la-bitcoin-defrauding-20140729-story.html

How they can present that guy as a valid opinion for anything bitcoin related is beyond me. Don't know why it annoys me so much, but it does.

The author is Riley Snyder. I think people should point out to him what a terrible source Williams is. His twitter handle is: @RileySynder . CCing @latimes probably wouldn't hurt either. And he can be emailed here: Riley.snyder@latimes.com

Why blame bitcoin?  Is gold not just as much at fault if this is a bitcoin to gold service.  Users can prove payment in bitcoin.  They can't do that with gold.  It seems to me that gold would be more at fault... that is of course if you want to blame the tool and not the site operator.

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August 01, 2014, 09:59:09 AM
 #10054

Excuse me for interrupting but,

Rally time!
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August 01, 2014, 10:07:21 AM
 #10055

Excuse me for interrupting but,

Rally time!

Ah no.. you jinxed it!!

The next 24 hours are critical!
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August 01, 2014, 10:17:28 AM
 #10056

Excuse me for interrupting but,

Rally time!

Ah no.. you jinxed it!!

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August 01, 2014, 10:27:16 AM
 #10057

There was when I went to school..  Tongue

I was obviously said in jest.. I'm almost 37.. and it's almost 30 years since I've earnestly accused someone of jinxing something.

Anyway.. just refueling the rocket!

The next 24 hours are critical!
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August 01, 2014, 03:49:48 PM
 #10058

so today's follow-on from yesterday's bullish engulfing daily candle tells us a few important things:

1.  we've likely had a major reversal in trend from an intermediate term bottom at 555.9
2.  this is the first, and possibly the 2nd time in Bitcoin's history where we might be able to claim that it is a safe haven from traditional financial turmoil, as in Cyprus, and yesterday's -317.06 stock mkt crash.
3.  despite today's gold bounce, the fact that yesterday they were inversely correlated during the stock mkt crash, tells me at least, that this inverse correlation will continue.  i consider gold's bounce today a dead cat bounce.
4.  there's more to come to the downside in traditional mkts-we've likely hit the extended 4yr cycle top in the Dow
5.  for the last 5yr, the primary dealers have laid all their toxic debt off on their sovereigns; the next crisis is likely to happen in sovereign debt.  we came close with Greece and Cyprus.  but now Argentina looks to be the straw that breaks the camel's back.  
6.  look the hell out.
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August 01, 2014, 03:56:03 PM
 #10059

6.  look the hell out.

what was it? "the flight to safety"? "the run on bitcoin"?

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August 01, 2014, 04:00:14 PM
 #10060

1.  silver trying to hold on -->  leads gold.
2.  hint:  SLW negative.
3.  during the last crisis, both the USD and UST strengthened.  it's likely we won't be so lucky this time and may only get one of those sought as a safe haven.  take your pick which one but the point is it represents degradation if we get only one.

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