Bitcoin Forum
December 09, 2016, 02:02:30 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   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 ... 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 1120 1121 1122 1123 1124 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806727 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 22, 2015, 01:26:13 AM
 #21461


that "shill" has made a bundle off appreciating UST's since 1980.  calculate that one out.
1481248950
Hero Member
*
Offline Offline

Posts: 1481248950

View Profile Personal Message (Offline)

Ignore
1481248950
Reply with quote  #2

1481248950
Report to moderator
1481248950
Hero Member
*
Offline Offline

Posts: 1481248950

View Profile Personal Message (Offline)

Ignore
1481248950
Reply with quote  #2

1481248950
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481248950
Hero Member
*
Offline Offline

Posts: 1481248950

View Profile Personal Message (Offline)

Ignore
1481248950
Reply with quote  #2

1481248950
Report to moderator
Kupsi
Legendary
*
Offline Offline

Activity: 1190


9.9.2012: I predict that single digits... <- FAIL


View Profile
February 22, 2015, 01:49:33 AM
 #21462

My favourite client, Armory, will also support Trezor in the future.

how would that work?  Trezor replace the offline signing wallet?

I guess so. I don't know the details, but both etotheipi and goatpig have confirmed that they will implement Trezor in Armory.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 22, 2015, 02:21:36 AM
 #21463

My favourite client, Armory, will also support Trezor in the future.

how would that work?  Trezor replace the offline signing wallet?

I guess so. I don't know the details, but both etotheipi and goatpig have confirmed that they will implement Trezor in Armory.

whatever it takes to get myTrezor.com or any other centralized server out of the loop.
hdbuck
Legendary
*
Offline Offline

Activity: 1134



View Profile
February 22, 2015, 01:14:01 PM
 #21464

Quote
And now that Greece has suffered its harshest hangover in years following several short weeks of hope that this time it may be finally different, it is time to repeat the farce from the beginning as yet another party will soon appeal to the Greek people with even greater and even more unrealistic promises, declaring that unlike Samaras, pardon, Tsipras, this time they will really show Germany who's boss.
http://www.zerohedge.com/news/2015-02-21/what-ordinary-greeks-think-fridays-deal-we-went-through-two-months-agony-realize-we-

rinse & repeat Cheesy
uki
Legendary
*
Offline Offline

Activity: 966


ZEIT Knight and cryptojunk bag holder


View Profile
February 22, 2015, 01:34:56 PM
 #21465

meanwhile, gold was pushed again down to the $1200 line. Seems like $1180 is back in the cards. Slip there will pretty much set the gold market for the first half of 2015.
Oil was waiting for a dead cat bounce, we got it, so now 30 handle may be in the cards. But not for very long. I don't think the US economy can kill their best profitable sector in the last two years without a fight.

najzenmajsen
Hero Member
*****
Offline Offline

Activity: 644


AMAZING F5 skills O_o


View Profile
February 22, 2015, 01:52:45 PM
 #21466

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
uki
Legendary
*
Offline Offline

Activity: 966


ZEIT Knight and cryptojunk bag holder


View Profile
February 22, 2015, 02:45:49 PM
 #21467

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 22, 2015, 05:11:51 PM
 #21468

increasing decentralization:

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2100



View Profile
February 22, 2015, 08:33:28 PM
 #21469

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".

uki
Legendary
*
Offline Offline

Activity: 966


ZEIT Knight and cryptojunk bag holder


View Profile
February 22, 2015, 08:52:49 PM
 #21470

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".
Viable? What does this exactly mean, can you elaborate a bit?
Asteroid-mining pops up from time to time as a "game-changer" in the press, but the fact is for now there is nothing mature enough to affect the price of gold.
We may use this as an argument once this becomes a real possibility, for now it is a bit off-topic, I am afraid.

molecular
Donator
Legendary
*
Offline Offline

Activity: 2142



View Profile
February 22, 2015, 09:08:01 PM
 #21471

My favourite client, Armory, will also support Trezor in the future.

This is good news and should satisfy cyphers privacy needs.

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

Activity: 2100



View Profile
February 22, 2015, 09:17:38 PM
 #21472

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".
Viable? What does this exactly mean, can you elaborate a bit?
Asteroid-mining pops up from time to time as a "game-changer" in the press, but the fact is for now there is nothing mature enough to affect the price of gold.
We may use this as an argument once this becomes a real possibility, for now it is a bit off-topic, I am afraid.

Point being, you said gold was scarce and this is incorrect. More correctly it is technically inaccessible, for now.

Viable means economic to retrieve in this context, if that was not obvious. There is now an identifiable technology development path towards retrieving gold from asteroids, do your own research on this if you do not believe me, I don't have time to lay it all out for you. Time and costs to becoming viable will only decrease from here onwards.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 22, 2015, 09:45:30 PM
 #21473

My favourite client, Armory, will also support Trezor in the future.

This is good news and should satisfy cyphers privacy needs.


Yeah, once these 2 get integrated, it'll be a dynamite combination for security.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 22, 2015, 09:51:05 PM
 #21474

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".
Viable? What does this exactly mean, can you elaborate a bit?
Asteroid-mining pops up from time to time as a "game-changer" in the press, but the fact is for now there is nothing mature enough to affect the price of gold.
We may use this as an argument once this becomes a real possibility, for now it is a bit off-topic, I am afraid.

Point being, you said gold was scarce and this is incorrect. More correctly it is technically inaccessible, for now.

Viable means economic to retrieve in this context, if that was not obvious. There is now an identifiable technology development path towards retrieving gold from asteroids, do your own research on this if you do not believe me, I don't have time to lay it all out for you. Time and costs to becoming viable will only decrease from here onwards.

Ever since the Philae Lander, one cannot doubt any of these claims.
uki
Legendary
*
Offline Offline

Activity: 966


ZEIT Knight and cryptojunk bag holder


View Profile
February 22, 2015, 10:11:26 PM
 #21475

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".
Viable? What does this exactly mean, can you elaborate a bit?
Asteroid-mining pops up from time to time as a "game-changer" in the press, but the fact is for now there is nothing mature enough to affect the price of gold.
We may use this as an argument once this becomes a real possibility, for now it is a bit off-topic, I am afraid.

Point being, you said gold was scarce and this is incorrect. More correctly it is technically inaccessible, for now.

Viable means economic to retrieve in this context, if that was not obvious. There is now an identifiable technology development path towards retrieving gold from asteroids, do your own research on this if you do not believe me, I don't have time to lay it all out for you. Time and costs to becoming viable will only decrease from here onwards.
All right.
Being involved in the gold market much longer than I am in Bitcoin, I would still stick to my claim that gold is still a scarce metal until proven otherwise. Yes, potentially there is gold beyond Earth that one day, in 20, 50 or maybe 150 years can be explored. But for now, it is only a remote possibility with no real influence on the price.

silverfuture
Hero Member
*****
Offline Offline

Activity: 863


central banking = outdated protocol


View Profile
February 23, 2015, 01:28:43 AM
 #21476

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".
Viable? What does this exactly mean, can you elaborate a bit?
Asteroid-mining pops up from time to time as a "game-changer" in the press, but the fact is for now there is nothing mature enough to affect the price of gold.
We may use this as an argument once this becomes a real possibility, for now it is a bit off-topic, I am afraid.

Point being, you said gold was scarce and this is incorrect. More correctly it is technically inaccessible, for now.

Viable means economic to retrieve in this context, if that was not obvious. There is now an identifiable technology development path towards retrieving gold from asteroids, do your own research on this if you do not believe me, I don't have time to lay it all out for you. Time and costs to becoming viable will only decrease from here onwards.
All right.
Being involved in the gold market much longer than I am in Bitcoin, I would still stick to my claim that gold is still a scarce metal until proven otherwise. Yes, potentially there is gold beyond Earth that one day, in 20, 50 or maybe 150 years can be explored. But for now, it is only a remote possibility with no real influence on the price.

It is scarce and incredibly difficult to get gold off planet for the foreseeable future. However, gold's majority of use case at the moment is as money. That has been fine but there is now a much better money than gold with some of the attractive qualities of gold that threatens to take over a large portion of that use case demand. I'm sure as time goes on it will retain it's lesser decorative, medicinal, industrial, and superconductor uses and will remain valuable in those regards.

The Rhino super villain character from the '70s Spiderman animated TV show used to absolutely go nuts for the stuff!


-----------------------------------------------------------------------------------------------------------------------
NastyFans - The Fan Club for Bitcoin Enthusiasts | MININGCOINS | POOL | ESCROW
-----------------------------------------------------------------------------------------------------------------------
worth
Hero Member
*****
Offline Offline

Activity: 556


@PlainTech & @BitSeeds on Twitter


View Profile WWW
February 23, 2015, 02:23:02 AM
 #21477

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Not really.

Asteroid mining is now within the realms of becoming viable. The gold resources there will dwarf anything seen on this planet. Once the transport mechanisms have been developed for recovery the gold is imminently more accessible, i.e. it is basically there in a pure form waiting to be "picked up".

Don't forget there's a ton of it in the oceans in fine particulate form that hasn't been profitable to "mine" but will become more so as we start refining ocean water for drinking on a large scale.  Not to mention, gold is considered valuable for other reasons than scarcity such as being highly conductive, malleable, ductile, non-corrosive, etc.  

These qualities will be equaled and surpassed in time by newer materials.  All of the above will contribute to the long-term decline of the value of gold.  

I talk about most of these things more in-depth in this video I recorded last year and recently uploaded to YouTube:
https://www.youtube.com/watch?v=1sceRsmT1yc

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 23, 2015, 02:59:06 AM
 #21478

the Dow Theory non-confirmation grows larger and larger.  the US is not out of the woods, contrary to popular opinion:

smooth
Legendary
*
Offline Offline

Activity: 1246



View Profile
February 23, 2015, 03:02:50 AM
 #21479

bitcoin has a controlled amount , there could be a million kg of gold undiscovered.
Not really.
the gold resources that were not mined yet, are already identified and are scarce as well (that is why gold is one of the precious metals).
Also the ore quality is decreasing, so it costs more to get the same amount of gold.

Sounds a lot like peak oil. How did that turn out?

Bits beat atoms. Every damn time.
dnaleor
Legendary
*
Offline Offline

Activity: 1274


Want privacy? Use Monero!


View Profile
February 23, 2015, 03:26:01 AM
 #21480

My favourite client, Armory, will also support Trezor in the future.

This is good news and should satisfy cyphers privacy needs.


finally Cheesy

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
Pages: « 1 ... 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 1120 1121 1122 1123 1124 ... 1560 »
  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!