Bitcoin Forum
December 04, 2016, 12:23:34 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   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 ... 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 [674] 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804145 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:08:59 PM
 #13461

Moar blackhole shit.  there is absolutely no evidence that the Fed will ever raise interest rates.  the gvt continues to suck in all productive capital:

Buy all the bonds!

1480854214
Hero Member
*
Offline Offline

Posts: 1480854214

View Profile Personal Message (Offline)

Ignore
1480854214
Reply with quote  #2

1480854214
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480854214
Hero Member
*
Offline Offline

Posts: 1480854214

View Profile Personal Message (Offline)

Ignore
1480854214
Reply with quote  #2

1480854214
Report to moderator
1480854214
Hero Member
*
Offline Offline

Posts: 1480854214

View Profile Personal Message (Offline)

Ignore
1480854214
Reply with quote  #2

1480854214
Report to moderator
1480854214
Hero Member
*
Offline Offline

Posts: 1480854214

View Profile Personal Message (Offline)

Ignore
1480854214
Reply with quote  #2

1480854214
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:10:43 PM
 #13462

...except these bonds:

Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
October 07, 2014, 06:17:47 PM
 #13463

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.


sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:27:12 PM
 #13464

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.


sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

altho your question makes sense, i don't think they ever said they don't have a bank acct; only that all their income and expenses are done in BTC. 

i'm also sure they've figured out how to accept the money somehow!
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:28:35 PM
 #13465

fear refusing to abate:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:30:32 PM
 #13466

Dow -177
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:33:54 PM
 #13467

The idea that the world is ending and the accompanying demand for guns, canned food, bottled water and gold, is having difficulty attracting new adherents in an era of falling unemployment and rising wages. Indeed, many of those who hold those views are having a hard time reconciling their misplaced faith with reality.

http://www.bloombergview.com/articles/2014-10-06/how-low-can-gold-go
Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
October 07, 2014, 06:36:04 PM
 #13468

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.


sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

altho your question makes sense, i don't think they ever said they don't have a bank acct; only that all their income and expenses are done in BTC.  

i'm also sure they've figured out how to accept the money somehow!

I'm sure he could find a way to accept $30M, but until recently they clained no bank count.

Quote from: Nic Cary - CEO of Blockchain - June 2014
My company is a 100 percent Bitcoin-based business. We don’t even have a corporate bank account. All of our employees are paid in Bitcoin and we do everything we can to maintain a Bitcoin economy.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:37:36 PM
 #13469

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.


sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

altho your question makes sense, i don't think they ever said they don't have a bank acct; only that all their income and expenses are done in BTC. 

i'm also sure they've figured out how to accept the money somehow!

I'm sure he could find a way to accept $30M, but until recently they clained no bank count.

Quote from: Nic Cary - CEO of Blockchain - June 2014
My company is a 100 percent Bitcoin-based business. We don’t even have a corporate bank account. All of our employees are paid in Bitcoin and we do everything we can to maintain a Bitcoin economy.

maybe they'll need to buy $30M in BTC? Grin
Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
October 07, 2014, 06:44:03 PM
 #13470

so here you go; affirmation of my bucket theory with all levels rising in aggregate but at different rates and different times:

In full disclosure I’ve started buying it again after staying mostly on the sidelines for most of the past two years.


http://avc.com/2014/10/bitcoin-price-and-promise/

of course it makes sense.  as the price drops to lower and lower levels, the financially astute who believe in and understand the fundamental and technical promise of Bitcoin, decide to buy.  how can they resist?  coins are cheap!


Wow, that's a big statement from Fred. Granted, he qualified his "I'm buying" statement a few sentences below in that post, but he's always been *very* careful about recommending the asset or even implying price appreciation.

It's funny, the big VCs and the Founders of the major VC-backed companies (Allaire, for instance) are always extremely careful to *not* talk *directly* about price-potential, yet they all talk about the potential for huge commerce to be done via bitcoin, requiring a lot more "liquidity" (ie, 10-100x boost in overall purchasing power). They're not idiots. They know what that means for price.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:44:19 PM
 #13471

oil solidly under $90. that's not good:

Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
October 07, 2014, 06:45:26 PM
 #13472

nice graph from Pantera.  Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf






This is my new favorite chart.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 06:55:48 PM
 #13473

nice graph from Pantera.  Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf






This is my new favorite chart.

no, this one:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 07:09:46 PM
 #13474

looks like the RUT bounce is failing.  that's not good, either:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 07:11:28 PM
 #13475

Dow -209
Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
October 07, 2014, 07:12:35 PM
 #13476

nice graph from Pantera.  Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf






This is my new favorite chart.

you see that dip in march, that's my alt portfolio right there. (not my volume, just the following depreciation)  Smiley

I'm thinking the same thing is going to happen during the next run up.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 07:22:56 PM
 #13477

Dow -242
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
October 07, 2014, 07:34:29 PM
 #13478

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

I wouldn't bet on this. The investors have a say in things and the "philosophy" of blockchain.info could change over time.


PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
October 07, 2014, 08:02:04 PM
 #13479

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

I wouldn't bet on this. The investors have a say in things and the "philosophy" of blockchain.info could change over time.




IIRC, Roger owned a controlling stake in Blockchain about a year ago. He's obviously pretty savvy, so I hope he's been able to maintain such a stake. It's not impossible: Zuck still owns >50% of the voting rights for Facebook shares, even though he owns <30% of the equity (again, IIRC).

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 07, 2014, 08:16:41 PM
 #13480

Dow -272 ouch
Pages: « 1 ... 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 [674] 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 ... 1560 »
  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!