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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2022697 times)
cypherdoc
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November 30, 2014, 11:38:35 PM
 #18181

now this is ugly:

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BlindMayorBitcorn
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November 30, 2014, 11:42:21 PM
 #18182

 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
 #18183

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
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November 30, 2014, 11:48:48 PM
 #18184

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
 #18185

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
 #18186

waaaaaaaaa

i weep.  my precious ZSL and DZZ:




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November 30, 2014, 11:50:24 PM
 #18187

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
 #18188

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
 #18189

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
 #18190

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.
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December 01, 2014, 12:01:22 AM
 #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...

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
 #18192

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.
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December 01, 2014, 12:04:58 AM
 #18193

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?

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December 01, 2014, 12:06:33 AM
 #18194

Brent spot new low at about 68.40. Earthquake.


cypherdoc
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December 01, 2014, 12:07:20 AM
 #18195

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
 #18196

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.
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December 01, 2014, 12:09:03 AM
 #18197

Brent spot new low at about 68.40. Earthquake.



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

Erdogan
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December 01, 2014, 12:16:41 AM
 #18198

Brent spot new low at about 68.40. Earthquake.



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



Too much investment in surveying, platform and drilling, due to forced low interest rates. It takes 20 years after investment till the product reaches the consumer.

Shale oil probably needs 130 USD to be profitable. Low interest and easy money has led to overinvestments. Those state capitalists and crony capitalists move slowly, so it will go on for some time.

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December 01, 2014, 12:18:22 AM
 #18199

Commodity apocalypse! Bitcoin put ideas in their heads

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.
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December 01, 2014, 12:29:53 AM
 #18200

Too much investment in surveying, platform and drilling, due to forced low interest rates. It takes 20 years after investment till the product reaches the consumer.

Shale oil probably needs 130 USD to be profitable. Low interest and easy money has led to overinvestments. Those state capitalists and crony capitalists move slowly, so it will go on for some time.


Most is profitable quite a bit lower than that.



Market forces matter too, not just theories about politics.

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