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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1996144 times)
cypherdoc
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November 30, 2014, 11:17:47 PM
 #18181

nice gap down, baby.

Gold collapsing.  Bitcoin UP:

There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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brg444
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Bitcoin replaces central, not commercial, banks


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November 30, 2014, 11:18:54 PM
 #18182

You can suggest it, though that's not what is being currently discussed.  Further, Bitcoin's lifespan is so laughably short, "historical" was probably not the word you were looking for Undecided

And a year is even more short.

Bottom line is the purchasing power of Bitcoin over USD has considerably increased over its lifetime.


Maybe you'd like to read gain what Cortex posted :

Nonsense, there are infinite perspectives.

Over the past 24 hours bitcoin has proven a better investment than fiat.

We can both pick any part of the fractal to agree with our own stance.

Your perspective is supported by a laughably short sample of time in the context of store of value.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 30, 2014, 11:26:21 PM
 #18183

remember the VIX chart i posted on Friday?  it looks like we're due for a new bit of volatility in equity markets.  i also would suggest that a rising USD, which is continuing tonite, is BAD for stocks in the long run.  money is debt and debt is money.  since most stock bulls are fueled by debt, a rising USD severely limits returns in stocks.  a lot of factors are coming into convergence right about now which could propel Bitcoin upwards:

cypherdoc
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November 30, 2014, 11:38:35 PM
 #18184

now this is ugly:

BlindMayorBitcorn
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November 30, 2014, 11:42:21 PM
 #18185

 Shocked

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
brg444
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Bitcoin replaces central, not commercial, banks


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November 30, 2014, 11:46:25 PM
 #18186

Silver down  Shocked

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
NotLambchop
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November 30, 2014, 11:48:48 PM
 #18187

You can suggest it, though that's not what is being currently discussed.  Further, Bitcoin's lifespan is so laughably short, "historical" was probably not the word you were looking for Undecided

And a year is even more short.

Bottom line is the purchasing power of Bitcoin over USD has considerably increased over its lifetime.

Yes.  At inception, BTC was worth zero, nothing.  Any price increase from zero constitutes an infinite appreciation.  Nice to know you can math.

Quote
Maybe you'd like to read gain what Cortex posted :

Nonsense, there are infinite perspectives.

Over the past 24 hours bitcoin has proven a better investment than fiat.

We can both pick any part of the fractal to agree with our own stance.

Your perspective is supported by a laughably short sample of time in the context of store of value.

I use the past year when discussing yearly inflation.  What is it you still find unusual/difficult to understand here?  
BlindMayorBitcorn
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November 30, 2014, 11:49:20 PM
 #18188

Silver down  Shocked

Should we be buying these dumps?  

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cypherdoc
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November 30, 2014, 11:49:34 PM
 #18189

waaaaaaaaa

i weep.  my precious ZSL and DZZ:




cypherdoc
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November 30, 2014, 11:50:24 PM
 #18190

Silver down  Shocked

Should we be buying these dumps?  

yes.

buy Bitcoin as fast as you can.
BlindMayorBitcorn
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November 30, 2014, 11:52:01 PM
 #18191

Silver down  Shocked

Should we be buying these dumps?  

yes.

buy Bitcoin as fast as you can.

I already doubled down like a fiend. But about phyzz...

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cypherdoc
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November 30, 2014, 11:56:23 PM
 #18192

Silver down  Shocked

Should we be buying these dumps?  

yes.

buy Bitcoin as fast as you can.

I already doubled down like a fiend. But about phyzz...

if you want to buy, buy ZSL and DZZ. Grin
BlindMayorBitcorn
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November 30, 2014, 11:59:46 PM
 #18193

Silver down  Shocked

Should we be buying these dumps?  

yes.

buy Bitcoin as fast as you can.

I already doubled down like a fiend. But about phyzz...

if you want to buy, buy ZSL and DZZ. Grin

There's only so far gold can dump. I don't know how far that is, but we must be getting warm by now

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cypherdoc
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December 01, 2014, 12:01:22 AM
 #18194

Silver down  Shocked

Should we be buying these dumps?  

yes.

buy Bitcoin as fast as you can.

I already doubled down like a fiend. But about phyzz...

if you want to buy, buy ZSL and DZZ. Grin

There's only so far gold can dump. I don't know how far that is, but we must be getting warm by now

yes, gold bugs are doing a dump right now; into their pants.  that's the warm, sticky feeling they're getting.
BlindMayorBitcorn
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December 01, 2014, 12:02:57 AM
 #18195

Have you forgotten the year in Bitcoin?  I can provide a really smug meme if you're interested

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
Erdogan
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December 01, 2014, 12:04:58 AM
 #18196

Banks/dollars retreating as backbone for international money movement.

http://www.scmp.com/business/banking-finance/article/1652715/remittance-firms-sue-westpac-banks-shun-money-transfer

Opportunity for bitcoin? Why not?

Erdogan
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December 01, 2014, 12:06:33 AM
 #18197

Brent spot new low at about 68.40. Earthquake.


cypherdoc
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December 01, 2014, 12:07:20 AM
 #18198

Have you forgotten the year in Bitcoin?  I can provide a really smug meme if you're interested

not at all.

but you have to realize that things never go up in a straight line.  markets cycle and we are at the bottom of a bear cycle for Bitcoin.  i personally think this lost Swiss gold initiative was pm's last chance to prove anything.  it's failed. 

the only Sound Money left in the world is Bitcoin. 
BlindMayorBitcorn
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December 01, 2014, 12:08:15 AM
 #18199

Dump all the things Huh

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cypherdoc
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December 01, 2014, 12:09:03 AM
 #18200

Brent spot new low at about 68.40. Earthquake.



ya think?  oil?  who the hell needs oil?:

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