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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2031529 times)
cypherdoc
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October 15, 2014, 01:38:35 PM
 #13861

Dow- 335

 crash time
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cypherdoc
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October 15, 2014, 01:40:26 PM
 #13862

-361

someone wake up Janet
fewcoins
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October 15, 2014, 01:50:24 PM
 #13863

-361

someone wake up Janet

Dow was way over priced above 17k let alone 17.5k
Same way bitcoin is currently over priced at 400... Everything is crashing to the real value! Including gold!!!
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October 15, 2014, 01:57:03 PM
 #13864

Moar black hole shit.  this one looks juicy, however.

To ones self:  "Do...not.........shooooort, do not shooooooort."

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October 15, 2014, 01:58:15 PM
 #13865

-361

someone wake up Janet

Dow was way over priced above 17k let alone 17.5k
Same way bitcoin is currently over priced at 400... Everything is crashing to the real value! Including gold!!!

blah, blah, blah
NotLambchop
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October 15, 2014, 02:05:18 PM
 #13866

You can't hide, Bitcoiner!



You've been reported.
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October 15, 2014, 02:09:50 PM
 #13867

You can't hide, Bitcoiner!



You've been reported.

Bitcoin unaffected!
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October 15, 2014, 02:12:12 PM
 #13868

Bitcoin compares to fiat base money; notes and cons. Some important traits of bitcoin is better. Some are not so good. What can we do? Anybody can produce bitcoin notes and coins, and back them with real bitcoins. Even better, we can make cryptocoins and notes with hidden secret keys, they don't need backing. Not possible for fiat.

We do not have credit or debit cards. We don't need them for remote payment. Are there something with cards that is better? In that case, the market will supply bitcoin credit or debit cards, and they will be just as good.

We can't lose this!


Exactly what use would I have for bitcoin notes and coins  Huh
If you have no friends to whom you can give gifts, and never see people in person, you can always use them as cool cold storage wallets

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
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October 15, 2014, 02:18:41 PM
 #13869

You can't hide, Bitcoiner!



You've been reported.

Bitcoin unaffected!

No.  You, on the other hand...


cypherdoc
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October 15, 2014, 02:20:52 PM
 #13870


If you have no friends to whom you can give gifts, and never see people in person, like MyLambChop...
cypherdoc
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October 15, 2014, 02:22:01 PM
 #13871

https://twitter.com/cypherdoc2/status/522389300487651328
cypherdoc
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October 15, 2014, 04:12:08 PM
 #13872

this doesn't look so good:

protokol
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October 15, 2014, 04:49:02 PM
 #13873

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet  Cheesy

Guess I'll make that my sig, all the cool kids have one...
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October 15, 2014, 04:51:05 PM
 #13874

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet  Cheesy

it gets REALLY bad.  take it from someone who day traded the 2007-9 crash.

and they told us traditional financial markets were stable.  Roll Eyes
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October 15, 2014, 04:53:54 PM
 #13875

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet  Cheesy

whatever you do, don't put stops @16000.  they will criss cross that level many times to take you out.
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October 15, 2014, 04:59:19 PM
 #13876

Got squeezed just before the top..... sucks a lot
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October 15, 2014, 05:02:40 PM
 #13877

Dow -356
protokol
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October 15, 2014, 05:05:39 PM
 #13878

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet  Cheesy

whatever you do, don't put stops @16000.  they will criss cross that level many times to take you out.

Cheers for the advice. Yeah I bet it was truly nail-biting trading during the big crash... Do you think we'll see a bottom in the stocks soon, or could we be gearing up for another monumental correction/crash? Anyone's guess I suppose...

Guess I'll make that my sig, all the cool kids have one...
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October 15, 2014, 05:09:27 PM
 #13879

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet  Cheesy

whatever you do, don't put stops @16000.  they will criss cross that level many times to take you out.

Cheers for the advice. Yeah I bet it was truly nail-biting trading during the big crash... Do you think we'll see a bottom in the stocks soon, or could we be gearing up for another monumental correction/crash? Anyone's guess I suppose...

anyone's guess:  true dat.

i'd be worried.  there are alot of convergences coming together.  we're due, cycle-wise.

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October 15, 2014, 05:19:24 PM
 #13880

Bitcoin compares to fiat base money; notes and cons.
...


It's more like M2: base money (which is notes and coins, plus bank reserves) plus most types of bank/money-market account balances.

In a bitcoin economy, you can't really create new on-blockchain bitcoin through fractional reserve, so the purchasing power of all bitcoin would have to more or less match the purchasing power held directly as the economy's unit-of-account in liquid or short-term form (ie, bank accounts), all else being equal. This is muddied by a number of factors, including the fact that *some* fractional reserve would still be possible (just not as much, cuz people would demand to see on-blockchain coin before leverage got too crazy), but I think this is roughly the right way to think about the equivalence.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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