Bitcoin Forum
November 22, 2017, 01:16:53 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 ... 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] 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2011318 times)
Cortex7
Full Member
***
Offline Offline

Activity: 224


View Profile
October 11, 2014, 04:01:09 AM
 #13701

Anybody want to predict the floor on Gold? And when?

$1192/Oz ... 3rd October 2014 ...  Grin
1511356613
Hero Member
*
Offline Offline

Posts: 1511356613

View Profile Personal Message (Offline)

Ignore
1511356613
Reply with quote  #2

1511356613
Report to moderator
1511356613
Hero Member
*
Offline Offline

Posts: 1511356613

View Profile Personal Message (Offline)

Ignore
1511356613
Reply with quote  #2

1511356613
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511356613
Hero Member
*
Offline Offline

Posts: 1511356613

View Profile Personal Message (Offline)

Ignore
1511356613
Reply with quote  #2

1511356613
Report to moderator
1511356613
Hero Member
*
Offline Offline

Posts: 1511356613

View Profile Personal Message (Offline)

Ignore
1511356613
Reply with quote  #2

1511356613
Report to moderator
1511356613
Hero Member
*
Offline Offline

Posts: 1511356613

View Profile Personal Message (Offline)

Ignore
1511356613
Reply with quote  #2

1511356613
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 11, 2014, 04:35:04 AM
 #13702

i asked before, does a Dow top correspond with a Bitcoin bottom?

i think so.
Cortex7
Full Member
***
Offline Offline

Activity: 224


View Profile
October 11, 2014, 05:08:20 AM
 #13703

i asked before, does a Dow top correspond with a Bitcoin bottom?

i think so.

hey cypherdoc,

just eyeballing it... some inverse correlation has happened:

dow(blue) + btc, both log scale:



perhaps we will see some further moves like that again soon.
Bagatell
Hero Member
*****
Offline Offline

Activity: 722



View Profile
October 11, 2014, 06:34:16 AM
 #13704

Dow/Bitcoin
 -0.322
Uncorrelated

According to current trends in our data, this value is unlikely to behave as an indicator for bitcoin price movement

https://www.kimonolabs.com/bitcoin/correlator
dEBRUYNE
Legendary
*
Offline Offline

Activity: 1218


View Profile
October 11, 2014, 08:30:33 AM
 #13705

...

But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...

I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.



I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/

Appears solely relevant to "Bitcoin 2.0" companies.


The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"

BitsharesX seems vulnerable to this, if true.
Even though it's Invictus Innovation (based in Virginia) that has written the code, BitSharesX was purposefully (to avoid this kind of problems) released by a Hong Kong firm.

That doesn't matter at all if they still have investors/users from the USA.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
BldSwtTrs
Legendary
*
Offline Offline

Activity: 899


View Profile
October 11, 2014, 08:39:06 AM
 #13706

...

But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...

I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.



I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/

Appears solely relevant to "Bitcoin 2.0" companies.


The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"

BitsharesX seems vulnerable to this, if true.
Even though it's Invictus Innovation (based in Virginia) that has written the code, BitSharesX was purposefully (to avoid this kind of problems) released by a Hong Kong firm.

That doesn't matter at all if they still have investors/users from the USA.
To prevent that problem, Invictus didn't get money from investors, they only get money from donators.

And there are probably people who use BitSharesX from USA indeed, but that's like every other coins including Bitcoin.
Conqueror
Legendary
*
Offline Offline

Activity: 1341


I was diagnosed with brain parasite


View Profile
October 11, 2014, 12:52:05 PM
 #13707

i asked before, does a Dow top correspond with a Bitcoin bottom?

i think so.
+1
NotLambchop
Sr. Member
****
Offline Offline

Activity: 378


View Profile
October 11, 2014, 01:33:27 PM
 #13708

i asked before, does a Dow top correspond with a Bitcoin bottom?

i think so.
+1

No, but Robert Goddard, considered by some the father of rocketry, was born on that day.
To the moon, gentlemen!
FNG
Hero Member
*****
Offline Offline

Activity: 588


View Profile
October 11, 2014, 01:33:51 PM
 #13709

i asked before, does a Dow top correspond with a Bitcoin bottom?

i think so.
A lot of money will be looking for a place to park their money outside of stocks. The tiniest fraction of that moving towards btc can send us moon bound.

Who doesn't love 24/7 markets as well..Wall street needs to learn there's no time for sleep
Cortex7
Full Member
***
Offline Offline

Activity: 224


View Profile
October 11, 2014, 02:20:41 PM
 #13710

Dow/Bitcoin
 -0.322
Uncorrelated

According to current trends in our data, this value is unlikely to behave as an indicator for bitcoin price movement

https://www.kimonolabs.com/bitcoin/correlator


I think the -0.322 correlation is for bticoin versus crude_oil.

That's the default on page load, I click DOW, it updates the raw data window but the chart and main value still relate to crude Huh
Bagatell
Hero Member
*****
Offline Offline

Activity: 722



View Profile
October 11, 2014, 03:05:53 PM
 #13711

Dow/Bitcoin
 -0.322
Uncorrelated

According to current trends in our data, this value is unlikely to behave as an indicator for bitcoin price movement

https://www.kimonolabs.com/bitcoin/correlator


I think the -0.322 correlation is for bticoin versus crude_oil.

That's the default on page load, I click DOW, it updates the raw data window but the chart and main value still relate to crude Huh

You're right. Seems to have picked up a glitch since I last used the site.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 11, 2014, 03:16:15 PM
 #13712

Dow/Bitcoin
 -0.322
Uncorrelated

According to current trends in our data, this value is unlikely to behave as an indicator for bitcoin price movement

https://www.kimonolabs.com/bitcoin/correlator


I think the -0.322 correlation is for bticoin versus crude_oil.

That's the default on page load, I click DOW, it updates the raw data window but the chart and main value still relate to crude Huh

You're right. Seems to have picked up a glitch since I last used the site.

also, correlations based on 1-2 days of data are trivial.  furthermore, the past may not correlate with the future.

there are some very good theoretical arguments why Bitcoin might begin to thrive in the presence of traditional financial turmoil.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 11, 2014, 03:46:56 PM
 #13713

...

But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...

I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.



I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/

Appears solely relevant to "Bitcoin 2.0" companies.


The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"

BitsharesX seems vulnerable to this, if true.
Even though it's Invictus Innovation (based in Virginia) that has written the code, BitSharesX was purposefully (to avoid this kind of problems) released by a Hong Kong firm.

That doesn't matter at all if they still have investors/users from the USA.
To prevent that problem, Invictus didn't get money from investors, they only get money from donators.

And there are probably people who use BitSharesX from USA indeed, but that's like every other coins including Bitcoin.

I wouldn't think that would make a differenc.  The mere act of allowing the trading of shares without SEC or Fincen regulation would be a problem no matter where you reside.
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
October 11, 2014, 09:44:19 PM
 #13714

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic. Most people do not see life concerning money as a monopoly game. Literally it is paper and in most cases just electronic entries created with no effort. I've seen family, friends, and acquaintances go ape shit over fiat paper and fiat digits in the recent past. It blows my mind how attached people are to their monopoly money.

A list of events that mark bitcoin's success through failure of bitcoin businesses/scams:

First it was MyBitcoin

Then it was Bitcoinica

Then it was PirateAt40

Then it was Silk Road

Then it was MT GOX

Then it was Butterfly Labs

...when people are willing to scam, cheat, and steal bitcoin...that is a bullish indicator for Bitcoin.

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

            ,╓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.
 
solex
Legendary
*
Offline Offline

Activity: 1078


100 satoshis -> ISO code


View Profile
October 11, 2014, 10:45:32 PM
 #13715

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic...

We don't have to wait. I've got the popcorn out for Venezuela already, and Argentina is next on the timetable.

hdbuck
Legendary
*
Offline Offline

Activity: 1274



View Profile
October 11, 2014, 10:48:49 PM
 #13716

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic...

We don't have to wait. I've got the popcorn out for Venezuela already, and Argentina is next on the timetable.

greece, italy, portugal, spain at the corner too.
Melbustus
Legendary
*
Offline Offline

Activity: 1638



View Profile
October 11, 2014, 10:49:38 PM
 #13717

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic...

We don't have to wait. I've got the popcorn out for Venezuela already, and Argentina is next on the timetable.

greece, italy, spain portugal at the corner too.


Yeah, even Krugman no longer sees a "non-catastrophic" way out for Europe: http://krugman.blogs.nytimes.com/2014/10/11/europanic-2-0/

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
hdbuck
Legendary
*
Offline Offline

Activity: 1274



View Profile
October 11, 2014, 10:51:29 PM
 #13718

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic...

We don't have to wait. I've got the popcorn out for Venezuela already, and Argentina is next on the timetable.

greece, italy, spain portugal at the corner too.


Yeah, even Krugman no longer sees a "non-catastrophic" way out for Europe: http://krugman.blogs.nytimes.com/2014/10/11/europanic-2-0/

im from the eurozone, and i found this sham pretty amazing. beats the dolla imo.
hdbuck
Legendary
*
Offline Offline

Activity: 1274



View Profile
October 11, 2014, 11:00:10 PM
 #13719

The Calm Before The Storm In The Gold Market:

Quote
On November 30, Swiss citizens will go to the polls to vote on three areas; whether or not the Swiss National Bank should increase its gold reserves to 20%, that the central bank should stop selling its gold and that all its gold should be held within the country. If by any chance the Swiss people votes in favor I expect major tremors in the gold market. Just the fact that Switzerland will have to buy a large amount of gold to reach the 20% will have a major psychological effect on the gold market not to mention also the snowball effect it will have on other countries. Switzerland is a very small country but with a long history of gold ownership. A vote in favor in the Swiss Gold Initiative referendum would mean that Switzerland would have to buy 1,700 tonnes of gold. This represents 70% of annual world gold production. The Swiss National Bank has 5 years to acquire the 1,700 tonnes if the initiative passes.

http://www.zerohedge.com/news/2014-10-10/calm-storm-gold-market


NewLiberty
Legendary
*
Offline Offline

Activity: 1162


Gresham's Lawyer


View Profile WWW
October 11, 2014, 11:20:28 PM
 #13720

I'm waiting for the next world financial crisis first before I even think of selling my coins.

When people run from fiat it will be epic...

We don't have to wait. I've got the popcorn out for Venezuela already, and Argentina is next on the timetable.

Don't forget Ecuador in that region.  They are outlawing Bitcoin altogether and releasing a state sponsored cryptocurrency.  Their state currency today is at about 55% inflation per annum.
>50% per month is consider hyperinflation, so the clock is running for them.  With their weakening currency, and the strengthening dollar, they are on the path of currency failure, so this will be interesting.

Either way if their state crypto works or fails it will be bullish for bitcoin.  Bitcoin will be in Ecuador, it just won't be legal, which will allow the state to seize any they find as contraband.  (much easier said than done)

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Pages: « 1 ... 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] 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 ... 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!