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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2028332 times)
cbeast
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Let's talk governance, lipstick, and pigs.


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January 26, 2015, 09:21:30 AM
 #20621

There's still a lot of stolen coins that needs to be sold. I expect huge volatility for awhile until exchanges get their security holes fixed.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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marcus_of_augustus
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January 26, 2015, 09:25:51 AM
 #20622

There's still a lot of stolen coins that needs to be sold. I expect huge volatility for awhile until exchanges get their security holes fixed.

you're assuming the thieves do not desire to hold wealth in bitcoins ... some evidence to the contrary

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January 26, 2015, 09:26:24 AM
 #20623

There's still a lot of stolen coins that needs to be sold. I expect huge volatility for awhile until exchanges get their security holes fixed.

Just because you steal coins doesn't mean you have any need to sell them right away.

Those who hold and those who are without property have ever formed distinct interests in society
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January 26, 2015, 09:56:49 AM
 #20624

Theres plenty of coins stolen by the FED that are going to get sold when the DPR trial ends. That may well cap any major price run for a while.  Huh
JorgeStolfi
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January 26, 2015, 10:11:35 AM
 #20625

Theres plenty of coins stolen by the FED that are going to get sold when the DPR trial ends. That may well cap any major price run for a while.  Huh

They are already being sold, Ross agreed to that. Besides the SR 30'000, 50'000 were sold last December, another batch is to be sold "in Q1/2015".


Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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January 26, 2015, 12:14:37 PM
 #20626

Gold  collapsing. Bitcoin UP.
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January 26, 2015, 12:22:01 PM
 #20627

Where's my lap dog tvbcof, btw, with all his vomit?
cbeast
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Let's talk governance, lipstick, and pigs.


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January 26, 2015, 12:24:52 PM
 #20628

Where's my lap dog tvbcof, btw, with all his vomit?
Maybe turning a few tricks to buy some bitcoins?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
BlindMayorBitcorn
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January 26, 2015, 12:39:22 PM
 #20629

Gold  collapsing. Bitcoin UP.

 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.
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January 26, 2015, 12:47:59 PM
 #20630

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink

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January 26, 2015, 12:56:32 PM
 #20631

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink

It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.

markj113
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January 26, 2015, 12:58:14 PM
 #20632

Gold  collapsing. Bitcoin UP.

Wouldnt exactly say gold was collapsing -







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Lauda
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January 26, 2015, 01:01:43 PM
 #20633

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink

It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.


This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

.FORTUNE.JACK.
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hdbuck
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January 26, 2015, 01:05:07 PM
 #20634

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink

It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.


This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

but not for getting their BTC on the exchange..  Shocked Grin
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January 26, 2015, 01:10:11 PM
 #20635

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink
It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.
This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

Other US exchanges are complaining that they were first and are regulated too.  But Coinbase got 70 million dollars to buy the truth.  Wink

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
brg444
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January 26, 2015, 01:15:55 PM
 #20636

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink
It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.
This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

Other US exchanges are complaining that they were first and are regulated too.  But Coinbase got 70 million dollars to buy the truth.  Wink

Let's see if they brought some big pocket market makers for the housewarming

"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
smooth
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January 26, 2015, 01:16:56 PM
 #20637

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink
It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.
This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

Other US exchanges are complaining that they were first and are regulated too.  But Coinbase got 70 million dollars to buy the truth.  Wink

Which ones?

http://www.reddit.com/r/Bitcoin/comments/2tep1f/iama_ceo_of_an_existing_new_york_city_bitcoin/cnyh5il

Nothing with anywhere near the reach, resources, and transparency of Coinbase.

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January 26, 2015, 01:18:52 PM
 #20638

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink
It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.
This is the first regulated exchange right?
At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days).

Other US exchanges are complaining that they were first and are regulated too.  But Coinbase got 70 million dollars to buy the truth.  Wink

Coinbase is the first to be backed and thus protected by TPTB (SJC/SFO, NYSE, & USAA).

The bad news is that it's illegal/unhealthy to compete with them.  The good news is that Bitcoin is now Officially TBTF.   Undecided


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thezerg
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January 26, 2015, 02:44:04 PM
 #20639

Is the news in regards to Coinbase the one that we have been waiting for over a year?
Could this be the next push into a record breaking high?  Wink

It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here.



The timing of btc backgrounders in major news outlets (ex WSJ) strongly hints that a heavy hitter is moving into the pump phase.
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January 26, 2015, 03:33:10 PM
 #20640


Where's my lap dog tvbcof, btw, with all his vomit?

Maybe turning a few tricks to buy some bitcoins?

If I wanted more BTC, I'd simply have put away a fraction of the money I made selling at the 2013/2014 juncture.  I spent it all (or have it earmarked) for property development projects.  Don't worry...I've got a decent amount of powder of the BTC variety dry.

I more or less got the posting bug out of my system over the last few weeks.  The only interesting thing going on recently is the sidechains possibility which is probably the last hope to save Bitcoin as something worth saving.  Also, gearing up for the 'gavincoin' fork war is something I should be focusing my efforts on, but it's such a hassle and a lot of work that I've been remiss...easier to post babble on trolltalk.

I tend not to be 'bullish' or 'bearish'.  Price spikes and drops are just things that happen.  Obviously they are emotionally exciting, but I expect both of them to continue so none of them are big surprises.  I just call things as I see them and tell people what I am doing.  Told people I was buying in the single digits.  Told people I was selling in the four digits.  Told people a few days ago that I'd probably be buying right now if I had no BTC and some money to gamble with.  Maybe that's what turned the market around.  Who knows?  I mean anyone who is watching will probably listen to my thoughts more than the perma-bull bozos who look indistinguishable from pump-n-dump scammers.


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