Bitcoin Forum
November 19, 2017, 10:15:15 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 [544] 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2009515 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 02:10:25 PM
 #10861

Never cared about gold prices, its very stable.

BTC rising is what everyone wishes  Wink

sort of.  of course i'll point to the drop from 1923 to now as counter argument.

but there is a boatload of theoretical reasons why Bitcoin is superior as i've tried to document in this thread ad nauseum.  if my message was untrue, this thread wouldn't be so popular.  yes, it's still debatable, but i see a trend in sentiment and price.
1511129715
Hero Member
*
Offline Offline

Posts: 1511129715

View Profile Personal Message (Offline)

Ignore
1511129715
Reply with quote  #2

1511129715
Report to moderator
1511129715
Hero Member
*
Offline Offline

Posts: 1511129715

View Profile Personal Message (Offline)

Ignore
1511129715
Reply with quote  #2

1511129715
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511129715
Hero Member
*
Offline Offline

Posts: 1511129715

View Profile Personal Message (Offline)

Ignore
1511129715
Reply with quote  #2

1511129715
Report to moderator
1511129715
Hero Member
*
Offline Offline

Posts: 1511129715

View Profile Personal Message (Offline)

Ignore
1511129715
Reply with quote  #2

1511129715
Report to moderator
1511129715
Hero Member
*
Offline Offline

Posts: 1511129715

View Profile Personal Message (Offline)

Ignore
1511129715
Reply with quote  #2

1511129715
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 02:26:06 PM
 #10862

the plunge is coming.  you hear that Teebone?

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 02:30:31 PM
 #10863

smack these bitches:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 02:31:20 PM
 #10864

smack these bitches:



oh, and use USD leverage  Wink
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 04:00:55 PM
 #10865

look at the pussies run.  now, time to add USD leverage:

vuduchyld
Sr. Member
****
Offline Offline

Activity: 364


View Profile
August 20, 2014, 04:33:12 PM
 #10866

BTC is a safer bet than gold imo

Did some math Smiley

Heres all the gold in the world:



All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.

Fabulous.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 04:54:20 PM
 #10867

BTC is a safer bet than gold imo

Did some math Smiley

Heres all the gold in the world:



All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.

Fabulous.

now fit all the BTC in the world into that pic.
wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
August 20, 2014, 05:02:03 PM
 #10868

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week Wink

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 05:04:43 PM
 #10869

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week Wink

how'd you know all those bars were filled with tungsten?  oh, you didn't?
wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
August 20, 2014, 05:07:17 PM
 #10870

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week Wink

how'd you know all those bars were filled with tungsten?  oh, you didn't?

Of course I didn't. I just assumed they were gold for this thought experiment.

rpietila
Donator
Legendary
*
Offline Offline

Activity: 1666



View Profile
August 20, 2014, 05:08:38 PM
 #10871

how'd you know all those bars were filled with tungsten?  oh, you didn't?

AFAIK the tungsten (W) bars are only used in insider operations where you are supposed to store gold (Au) in a vault, but swap them for bars of a cheaper metal, keep the gold in your private vault, and sell paper to the market to suppress the price.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 05:34:39 PM
 #10872

shorts coming down.  time to leverage USD:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 05:37:18 PM
 #10873

how'd you know all those bars were filled with tungsten?  oh, you didn't?

AFAIK the tungsten (W) bars are only used in insider operations where you are supposed to store gold (Au) in a vault, but swap them for bars of a cheaper metal, keep the gold in your private vault, and sell paper to the market to suppress the price.

no, they made it out to the public dealers:  http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 06:02:32 PM
 #10874

Gold collapsing.  Bitcoin up.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 06:03:31 PM
 #10875

USD ramping...
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 06:04:16 PM
 #10876

poor gold:

http://www.zerohedge.com/news/2014-08-20/fomc-minutes-show-many-members-believe-rates-should-rise-sooner
Spaceman_Spiff
Legendary
*
Offline Offline

Activity: 1638


₪``Campaign Manager´´₪


View Profile
August 20, 2014, 06:08:25 PM
 #10877


This is baddish for inflation-adjusted bitcoin prices too, no?  Protection from inflation is one of the drivers for bitcoin adoption.
Still, talk is cheap, let's see what they really do.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 06:12:28 PM
 #10878


This is baddish for inflation-adjusted bitcoin prices too, no?  Protection from inflation is one of the drivers for bitcoin adoption.
Still, talk is cheap, let's see what they really do.

i used to think that but i've changed my mind.  until i'm proven wrong.

Bitcoin being such a technological revolutionary force for money might actually thrive no matter we get deflation or inflation.  it's supermoney.  as an optimist for the future b/c of technology, a shift to a supermoney like Bitcoin could actually be the cause of deflation of all other assets, which could be a good thing.  a move to sound money will help everyone, not just a select few.

as we see for now, Bitcoin rising in the face of the announcement.  it's TIME.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 20, 2014, 06:16:54 PM
 #10879

Bitcoin UP, everything else DOWN.

except for the USD of course.  but if Bitcoin ends up being used as a backing for the USD as a reserve currency, then that would make sense.
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
August 20, 2014, 06:18:59 PM
 #10880

Bitcoin UP, everything else DOWN.

Wrong: https://bitcoinwisdom.com/markets/btce/ltcbtc  and https://bitcoinwisdom.com/markets/btce/ltcusd   Grin Grin Grin

Cypher you know better than to spread misinformation. Come on man.  Roll Eyes

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     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.
 
Pages: « 1 ... 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 [544] 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 ... 1558 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!