Bitcoin Forum
May 22, 2017, 05:42:12 PM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   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 ... 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 [1069] 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 ... 1559 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1900621 times)
rocks
Legendary
*
Offline Offline

Activity: 1153


View Profile
February 18, 2015, 06:51:14 PM
 #21361

that is cool.

reminds me of back when i was solo mining with Stratum.  you really get the feel of the power of the network watching hash guesses scrolling rapidly up your monitor in realtime.

Yes, that was definitely a fun part of mining, just sitting there and watching the hashes tick by and then realizing that there were many thousands of other miners doing the exact same thing. Bitcoin is easily the largest computer by far, the fact it is a distributed computer is amazing.
1495474932
Hero Member
*
Offline Offline

Posts: 1495474932

View Profile Personal Message (Offline)

Ignore
1495474932
Reply with quote  #2

1495474932
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495474932
Hero Member
*
Offline Offline

Posts: 1495474932

View Profile Personal Message (Offline)

Ignore
1495474932
Reply with quote  #2

1495474932
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 18, 2015, 06:54:30 PM
 #21362

that is cool.

reminds me of back when i was solo mining with Stratum.  you really get the feel of the power of the network watching hash guesses scrolling rapidly up your monitor in realtime.

Yes, that was definitely a fun part of mining, just sitting there and watching the hashes tick by and then realizing that there were many thousands of other miners doing the exact same thing. Bitcoin is easily the largest computer by far, the fact it is a distributed computer is amazing.

since slush was the guy who wrote Stratum, i assume it was he who was responsible for the hidden humor embedded in hashes with >100,000 difficulty --> "Yay!"
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 18, 2015, 07:18:46 PM
 #21363

on balance, i think this is really great:

http://cir.ca/news/nyc-public-wi-fi/163615
Erdogan
Hero Member
*****
Offline Offline

Activity: 756



View Profile
February 18, 2015, 07:45:13 PM
 #21364

So we have diverse money transmitting companies and remittance companies.

Then we have Wallet to Wallet, or W2W

I think the B2B side of the legal marihuana industry is ripe for W2W

Operatr
Hero Member
*****
Offline Offline

Activity: 798


www.DonateMedia.org


View Profile WWW
February 18, 2015, 07:57:02 PM
 #21365

Do we ever expect BTC to be above gold again?
If yes, then when?

NotLambchop
Sr. Member
****
Offline Offline

Activity: 378


View Profile
February 18, 2015, 08:01:38 PM
 #21366

Do we ever expect BTC to be above gold again?
If yes, then when?

Well, gold [as a store of value] is sorta an anachronism at this point, and Bitcoin's quickly becoming obsolete.  A race to the bottom.  But Bitcoin seems to be winning Undecided
uki
Legendary
*
Offline Offline

Activity: 1078


ZEIT Knight and cryptojunk bag holder


View Profile
February 18, 2015, 08:12:39 PM
 #21367

Do we ever expect BTC to be above gold again?
If yes, then when?

Well, gold [as a store of value] is sorta an anachronism at this point, and Bitcoin's quickly becoming obsolete.  A race to the bottom.  But Bitcoin seems to be winning Undecided
Central banks surely didn't say their last word in terms of pushing gold further down, so I am sure we may come back to this discussion sooner than we expect.
Both assets seem to be on a verge of mining profitability with current prices, yet the constant down pressure checks whether the thin line can be moved further down. Indeed a race to the bottom.

explorer
Legendary
*
Offline Offline

Activity: 1218



View Profile
February 18, 2015, 08:28:47 PM
 #21368

Do we ever expect BTC to be above gold again?
If yes, then when?

Should cross at about $850  this year  :p
Wekkel
Legendary
*
Online Online

Activity: 1484



View Profile
February 18, 2015, 11:33:04 PM
 #21369

-snip-
Thanks for the answer and the picture. It goes to my book with quotes.

It was recently used in this post: http://vineyardsaker.blogspot.nl/2015/02/behind-great-western-firewall-is-ugly.html

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
NewLiberty
Legendary
*
Offline Offline

Activity: 1148


Gresham's Lawyer


View Profile WWW
February 19, 2015, 06:21:15 AM
 #21370

http://www.bloomberg.com/news/articles/2015-02-09/greek-investors-buying-more-gold-coins-from-u-k-s-royal-mint

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
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 19, 2015, 06:22:12 AM
 #21371

Finally capitulated and got a Trezor. Very cool.
dillpicklechips
Sr. Member
****
Offline Offline

Activity: 438


View Profile
February 19, 2015, 06:46:52 AM
 #21372

Finally capitulated and got a Trezor. Very cool.

I think they are cool. It's just like a locked down tiny computer whose sole purpose is to keep private keys safe and sign things. The same technology that makes bitcoin security easy can be used for everything else where a private key needs to be kept secret. BitID, Password Manager app, pgp, encryption, and others. Perhaps the first "personal crypto-computer"? By having it's own secure display and a pin that can't be stolen by spyware, and with locked down firmware, you can be certain what message you are signing.

I can't wait to sign into a website with no password and be impossible for anyone to impersonate me! And the bonus is that websites who use key auth means there is no password to steal. All they get is the ID/public key.

molecular
Donator
Legendary
*
Offline Offline

Activity: 2282



View Profile
February 19, 2015, 06:58:41 AM
 #21373

Do we ever expect BTC to be above gold again?
If yes, then when?

Don't know about we, but I expect BTC to tade above gold in 2016 (maybe even this year, but not very likely).

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
uki
Legendary
*
Offline Offline

Activity: 1078


ZEIT Knight and cryptojunk bag holder


View Profile
February 19, 2015, 08:39:34 AM
 #21374

Do we ever expect BTC to be above gold again?
If yes, then when?

Should cross at about $850  this year  :p
don't see that happening. A short v-type break in gold towards $1000 may be in the cards, but $850 is a far off bet. Despite what many perma-bears say.
So gold-BTC cross would have to happen higher and very likely not in 2015.

Fabrizio89
Hero Member
*****
Offline Offline

Activity: 874


View Profile
February 19, 2015, 08:43:15 AM
 #21375

Gold and silver are looking good at the moment, DXY looks toppish and EUR looks like it may recover. We'll see what happens but I have my fingers stuck order buttons with my btc. Cheesy

https://1broker.com/m/r.php?i=2479
Trade stocks, commodities, currencies with bitcoins! Up to 200x Leverage.
uki
Legendary
*
Offline Offline

Activity: 1078


ZEIT Knight and cryptojunk bag holder


View Profile
February 19, 2015, 09:08:06 AM
 #21376

Gold and silver are looking good at the moment, DXY looks toppish and EUR looks like it may recover. We'll see what happens but I have my fingers stuck order buttons with my btc. Cheesy
gold and silver should hold a week or two more to give any hope for a retest of recent high (1307 in gold). taking into account historical charts (with 40+ years of data), there is still time for the upside movement until the end of April.

picolo
Hero Member
*****
Offline Offline

Activity: 672


View Profile
February 19, 2015, 09:53:56 AM
 #21377

Gold and silver are looking good at the moment, DXY looks toppish and EUR looks like it may recover. We'll see what happens but I have my fingers stuck order buttons with my btc. Cheesy

You mean Today? It is a little bit better but in 2 weeks, Gold lost all its previous gains of the last 2 months.


A NEW WAY TO GAMBLE               FASTBETS.IO              FUN GAMES & GREAT ODDS
uki
Legendary
*
Offline Offline

Activity: 1078


ZEIT Knight and cryptojunk bag holder


View Profile
February 19, 2015, 10:29:36 AM
 #21378

Gold and silver are looking good at the moment, DXY looks toppish and EUR looks like it may recover. We'll see what happens but I have my fingers stuck order buttons with my btc. Cheesy

You mean Today? It is a little bit better but in 2 weeks, Gold lost all its previous gains of the last 2 months.
that is exactly my point. Gold failed to break 1320 level to the upside and then slipped down through all important 1250 level and MA in the 1220s area. The day before yesterday even 11 handle was seen for a moment, so that is quite a retrace from the most recent local high. As I already said the last two weeks of February are full of events that will have the influence on the gold price. Only, if gold at least holds above 1230 we may think about further move to the upside. In the opposite direction, the most important support sits at 1180 level. Breaking down there, means retesting the main low in the 1130 area once again.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 19, 2015, 01:01:42 PM
 #21379

Finally capitulated and got a Trezor. Very cool.

I think they are cool. It's just like a locked down tiny computer whose sole purpose is to keep private keys safe and sign things. The same technology that makes bitcoin security easy can be used for everything else where a private key needs to be kept secret. BitID, Password Manager app, pgp, encryption, and others. Perhaps the first "personal crypto-computer"? By having it's own secure display and a pin that can't be stolen by spyware, and with locked down firmware, you can be certain what message you are signing.

I can't wait to sign into a website with no password and be impossible for anyone to impersonate me! And the bonus is that websites who use key auth means there is no password to steal. All they get is the ID/public key.



I'm sure you're following Steve Gibson's SQRL  project.  There's also a Bitcoin variant of this also. 
L0uis
Member
**
Offline Offline

Activity: 118


View Profile
February 19, 2015, 02:01:38 PM
 #21380

http://newsbtc.com/2015/02/19/independent-investigators-find-fresh-details-mt-gox/
Pages: « 1 ... 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 [1069] 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 ... 1559 »
  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!