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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1901839 times)
smoothie
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September 23, 2014, 07:16:43 PM
 #12621



So the bitcoin price is going up and to the left?

Didn't think that was possible. lol  Tongue

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September 23, 2014, 07:16:43 PM
 #12622

remember what i said about clearing the resistance ceiling near 440.  there is little to no further resistance until 600.  given the magnitude of the Paypal news and the longish almost 10m bearish trend, we could see us move up fast.
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September 23, 2014, 07:17:45 PM
 #12623



So the bitcoin price is going up and to the left?

Didn't think that was possible. lol  Tongue

i know, i know.  i tried for about a minute to flip it in imgur but noscript was messing me up.  Up.  i mean UP!
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September 23, 2014, 07:23:04 PM
 #12624

I seem to remember it happening before...


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September 23, 2014, 07:23:57 PM
 #12625

UP UP and AWAY

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September 23, 2014, 07:25:41 PM
 #12626

aim for head shot btwn the eyes:

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September 23, 2014, 07:34:35 PM
 #12627

aim for head shot btwn the eyes:


What percentage of these shorts are already sold? Do we know?

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September 23, 2014, 07:39:19 PM
 #12628

RE: digital money beating gold.
If it wasn't for the religion of gold throwing so many smokescreens up around the issue, it would be generally considered as obvious as the fact that the internal combustion engine beat horses as a transportation provider.

Yes, I tell people that  Bitcoin is the first engineered sound money.  In analogy if you cut down a forest for firewood, gold is like an axe.  Its the best refined-but-mostly-natural solution.  Bitcoin is a chainsaw.  It uses scientific knowledge, and complex technology  to optimize the solution across multiple criteria.

Fiat is like the king choosing to relabel all thermometers.  

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September 23, 2014, 07:39:27 PM
 #12629

You can mouseover the chart data points to see what time each point was gathered. Looks like it updates at the top of each hour.
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September 23, 2014, 07:47:19 PM
 #12630

commercial RE broke support:

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September 23, 2014, 07:47:35 PM
 #12631

RE: digital money beating gold.
If it wasn't for the religion of gold throwing so many smokescreens up around the issue, it would be generally considered as obvious as the fact that the internal combustion engine beat horses as a transportation provider.

Yes, I tell people that  Bitcoin is the first engineered sound money.  In analogy if you cut down a forest for firewood, gold is like an axe.  Its the best refined-but-mostly-natural solution.  Bitcoin is a chainsaw.  It uses scientific knowledge, and complex technology  to optimize the solution across multiple criteria.

Fiat is like the king choosing to relabel all thermometers.  



Lol nice metaphor  Grin

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September 23, 2014, 07:50:41 PM
 #12632

i smell Deflation.

investors are going to have to RunToSafety.  where will they go?  gold and silver?  i say NO WAY.

there's only Bitcoin if you want a scarce supply...
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September 23, 2014, 07:53:46 PM
 #12633

i smell Deflation.

investors are going to have to RunToSafety.  where will they go?  gold and silver?  i say NO WAY.

there's only Bitcoin if you want a scarce supply...

Come on, that's too bold to say for a 6bl market.
I sense spculator buys due to good news.

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September 23, 2014, 08:00:19 PM
 #12634

Dow down -116.17
arxwn
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September 23, 2014, 08:08:09 PM
 #12635

Dow down -116.17

good riddens

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cypherdoc
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September 23, 2014, 08:23:51 PM
 #12636

i smell Deflation.

investors are going to have to RunToSafety.  where will they go?  gold and silver?  i say NO WAY.

there's only Bitcoin if you want a scarce supply...

Come on, that's too bold to say for a 6bl market.
I sense spculator buys due to good news.

look forward man.  look forward, far into the future.
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September 23, 2014, 08:28:08 PM
 #12637

i smell Deflation.

investors are going to have to RunToSafety.  where will they go?  gold and silver?  i say NO WAY.

there's only Bitcoin if you want a scarce supply...

Come on, that's too bold to say for a 6bl market.
I sense spculator buys due to good news.

look forward man.  look forward, far into the future.

back to the future when satoshi was just a kid and he dreamt a better place

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September 23, 2014, 08:41:11 PM
 #12638

i smell Deflation.

investors are going to have to RunToSafety.  where will they go?  gold and silver?  i say NO WAY.

there's only Bitcoin if you want a scarce supply...

Come on, that's too bold to say for a 6bl market.
I sense spculator buys due to good news.

look forward man.  look forward, far into the future.

back to the future when satoshi was just a kid and he dreamt a better place

 Smiley
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September 23, 2014, 08:46:28 PM
 #12639

you know what this is, right?

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September 23, 2014, 08:49:33 PM
 #12640

we need a lot more talk like this:


“I do think some countries in Europe have the opportunity to get ahead [of the U.S.] by being more open to innovation from Bitcoin companies,” Wedbush Securities managing director and payments expert Gil Luria told Fusion. “If countries like Switzerland or the UK decide to be less restrictive on Bitcoin companies, than they can get an edge over the U.S.”


http://fusion.net/story/17405/u-s-hesitation-is-chasing-bitcoin-to-europe/
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