Bitcoin Forum
December 05, 2016, 12:34:51 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 ... 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 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804362 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 19, 2015, 05:37:24 AM
 #22101

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.
Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.
Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.
Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying
i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf
I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.
Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

iirc, you're on record on us going to 30000.  given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years.  i doubt we last that long.
Most of the gains happen in the shortest period of time.. See bitcoin 260 or 11xx

you won't see moves like that in the stock mkt.  especially since we're 7 yrs into the bull.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480898091
Hero Member
*
Offline Offline

Posts: 1480898091

View Profile Personal Message (Offline)

Ignore
1480898091
Reply with quote  #2

1480898091
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 19, 2015, 02:29:00 PM
 #22102

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.
Torque
Legendary
*
Offline Offline

Activity: 910



View Profile
March 19, 2015, 04:22:42 PM
 #22103

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.

No, please don't uncover the truth here.  Bitcoiners would like to rather believe that the sharp dump was definitely hackers/thieves from AnonMarketDuJour dumping, as opposed to just whale traders seizing (fudding?) on the opportunity of some negative news.   Wink
sidhujag
Legendary
*
Offline Offline

Activity: 1288


View Profile
March 19, 2015, 04:25:18 PM
 #22104

Dow futures down another -58.

stock bulls need to be concerned.

Lol then you go quiet when it makes new highs

yep, and your hubris is exactly what we need to form tops.
Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up

considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet.  if we get over 19000, i'll concede you're on to something.
Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how?

but at what risk?  sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal.  but if you think a 2008 can't happen again, i've got news for you; it can.  i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to.  i'll make my money the old fashioned way by working hard, saving, and sitting on my coin.  it's just a matter of time.  but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end.  we just have a different perspective.
Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying
i'd say we're already overextended:

http://www.yardeni.com/Pub/stmktbullbear.pdf
I dont..  Remember what I said before... We will top when there is euphoria..

the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report.

the avg Joe isn't coming to the party.  the income growth is not there and they owe too much.  and new loans aren't forthcoming to them for speculation in stocks.  

plus, there's a new outlet for them; Bitcoin.
Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally.

iirc, you're on record on us going to 30000.  given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years.  i doubt we last that long.
Most of the gains happen in the shortest period of time.. See bitcoin 260 or 11xx

you won't see moves like that in the stock mkt.  especially since we're 7 yrs into the bull.
The last 10 to 20% id say happens within a week or less.. Just guess
Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
March 19, 2015, 04:28:38 PM
 #22105

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.

Unless those coins selling on exchange are themselves the hacked or stolen coins or are at least driving the liquidity.

Still as disruptive as this is I still see it as a long term positive for Bitcoin.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 19, 2015, 04:34:37 PM
 #22106

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.

Unless those coins selling on exchange are themselves the hacked or stolen coins or are at least driving the liquidity.

Still as disruptive as this is I still see it as a long term positive for Bitcoin.

altho it's possible, it's hard to imagine the hackers/thieves would be able to sell all those coins on an exchange so quickly for fear of drawing unwanted attention.
JaredStein
Member
**
Offline Offline

Activity: 115


View Profile
March 19, 2015, 04:58:01 PM
 #22107

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.

Unless those coins selling on exchange are themselves the hacked or stolen coins or are at least driving the liquidity.

Still as disruptive as this is I still see it as a long term positive for Bitcoin.

altho it's possible, it's hard to imagine the hackers/thieves would be able to sell all those coins on an exchange so quickly for fear of drawing unwanted attention.
I assume they would sell them in small increments with many different accounts with proxies and such.

▲▼ No.1 Bitcoin Binary Options ▲▼
████████████ sec◔nds trade ████████████
↑↓ Highest Reward 190% ↑↓
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 19, 2015, 06:44:20 PM
 #22108

Bagatell
Hero Member
*****
Offline Offline

Activity: 719



View Profile
March 19, 2015, 07:30:11 PM
 #22109



"So it's a targeted news result."

http://www.reddit.com/r/Bitcoin/comments/2zlgbw/front_page_of_yahoo_now_31915/
tvbcof
Legendary
*
Online Online

Activity: 1974


View Profile
March 19, 2015, 07:35:35 PM
 #22110

Selling of coins in response to an exchange hack or theft is stupid as the hackers  are  more likely to hoard the coins for a long while than the traders who are  actively trading.

Unless those coins selling on exchange are themselves the hacked or stolen coins or are at least driving the liquidity.

Still as disruptive as this is I still see it as a long term positive for Bitcoin.

altho it's possible, it's hard to imagine the hackers/thieves would be able to sell all those coins on an exchange so quickly for fear of drawing unwanted attention.

Why would a thief give a fuck?  Has anyone ever gotten in trouble for stealing BTC through technical means (as opposed to, say, the pirate@40 way)?  If doing so is even 'illegal' in the first place, it is utterly trivial to obtain the necessary degree of plausible deniability to avoid formal legal hassles, and the mainstream legal and law enforcement systems demonstrably preclude pretty much all extra-judicial modes of enforcement.  As best I can tell at least.

One of the best reasons to have some pinnacle reserve base (hopefully Bitcoin) which not everyone uses directly is that those who do use it will be, by nature, more able to protect themselves.  This in and of itself would heavily mitigate the theft and fraud which is jaw-droppingly prevalent in the ecosystem, and which is perfectly understandable in a system which was originally designed to be stand-alone relative to state sponsored support.  An alternate solution which makes a lot of sense to a lot of people (because it is not inherently nonsense) is to just merge Bitcoin into the mainstream law enforcement systems which already exist.  I dis-favor this strategy.  Strongly.


bracek
Hero Member
*****
Offline Offline

Activity: 530


View Profile
March 19, 2015, 11:04:20 PM
 #22111

coins that are dumped now, are from the theft that will be exposed, realized, next month Smiley

people first experience stopped withdrawals,
that is because coins are already gone, and being dumped

so, after a month of no response from admins or whoever, scam gets out ,
and those coins are already sold

so , from this dump we can predict that next month (too) will be some kind of scam/theft revelation
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 21, 2015, 11:29:36 PM
 #22112

 Even if interest rates start to rise in a material fashion, which is unlikely anytime soon, the lack of counter-party risk will make digital gold irresistible for many looking to protect their savings.

http://www.forbes.com/sites/michaellingenheld/2015/03/18/bitcoin-and-gold-when-worlds-collide/?utm_content=buffere05e6&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
ssmc2
Hero Member
*****
Offline Offline

Activity: 840


View Profile
March 21, 2015, 11:38:49 PM
 #22113

Even if interest rates start to rise in a material fashion, which is unlikely anytime soon, the lack of counter-party risk will make digital gold irresistible for many looking to protect their savings.

http://www.forbes.com/sites/michaellingenheld/2015/03/18/bitcoin-and-gold-when-worlds-collide/?utm_content=buffere05e6&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

GBI's website links to this article:

http://www.myfoxny.com/story/28296713/digital-gold

Whole thing seems unnecessary when BTC fits the bill just fine.  Cheesy
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 21, 2015, 11:54:34 PM
 #22114

Even if interest rates start to rise in a material fashion, which is unlikely anytime soon, the lack of counter-party risk will make digital gold irresistible for many looking to protect their savings.

http://www.forbes.com/sites/michaellingenheld/2015/03/18/bitcoin-and-gold-when-worlds-collide/?utm_content=buffere05e6&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

GBI's website links to this article:

http://www.myfoxny.com/story/28296713/digital-gold

Whole thing seems unnecessary when BTC fits the bill just fine.  Cheesy


talk about lame:

"Singh says GBI is applying some of the innovative mechanisms of Bitcoin to gold, and you never know where it might go."
79b79aa8d5047da6d3XX
Full Member
***
Offline Offline

Activity: 178

◕_◕


View Profile
March 21, 2015, 11:55:14 PM
 #22115

GBI's website links to this article:
http://www.myfoxny.com/story/28296713/digital-gold
Whole thing seems unnecessary when BTC fits the bill just fine.  Cheesy

Quote
When the order hits the GBI system, it is bid out to different gold dealers around the world. Whoever bids the best price gets the transaction. Then, GBI will move that specific gold bar or coin to whatever location you choose. GBI has about half a dozen vaults across the world. Alternatively, you can even have your gold securely shipped to your home or office. Singh says he even has clients who have opted to bury their gold bars in the backyards.
Yep, burying gold is the way of the future.

Quote
He says GBI is creating a debit card that you can swipe at a local grocery store and deduct from your gold balance. GBI is even working on an app that lets you pay for hotel rooms when you're on vacation.
So which way is it: does the client keep control of the gold or not?

Quote
Singh says GBI is applying some of the innovative mechanisms of Bitcoin to gold, and you never know where it might go.
Speechless.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 22, 2015, 02:41:13 AM
 #22116

Hardly a crackdown, but at least something:

http://www.politico.com/story/2015/03/the-coming-crackdown-on-federal-reserve-power-116267.html
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
March 22, 2015, 02:59:06 AM
 #22117

It's posturing.

Actually, it's a public bribe negotiation. Congressmen make some noise, then the parties to stand to lose from the proposal find a way to "settle out of court". The only way this proposal goes anywhere is if the negotiations break down.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
March 22, 2015, 04:18:36 AM
 #22118

"there will only be one" is starting to catch on :

http://www.coindesk.com/bitvc-ceases-litecoin-futures-offering-to-focus-on-bitcoin/
iCEBREAKER
Legendary
*
Offline Offline

Activity: 1498


Crypto is the separation of Power and State.


View Profile WWW
March 22, 2015, 04:31:57 AM
 #22119


Litecoin fading != "there will only be one" is starting to catch on

All the recent attention to the dangers of BTC's lack of privacy and fungibility have only highlighted the need for coins that offer those features.

Radical transparency certainly has its uses in certain places.  But so does radical opacity.

Hence today's brouhaha among the redditurds:

https://www.reddit.com/r/Bitcoin/comments/2zrdxz/withdrawals_halted_as_stolen_evolution_coins_make/

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
Dusty
Hero Member
*****
Offline Offline

Activity: 722


Libertas a calumnia


View Profile WWW
March 22, 2015, 04:51:10 AM
 #22120

A very nice article about bitcoin and gold virtues if (when?) the dollar collapses:

When the Dollar Collapses, which is better Money, Gold or Bitcoin?

Articoli bitcoin: Il portico dipinto
Pages: « 1 ... 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 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 ... 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!