Gold collapsing. Bitcoin UP.

[oakpacific]

Hey, I got a new joke for you guys:

What's a silver bug's worst nightmare?

BITCOIN!  LOL!!!

Why?  I always figured that the guy had a footprint in Bitcoin else why would he be here?

Or maybe just getting paid to troll people out, like all those evaporated permabears.

Not an uncommon line of thinking...for paranoid folks with not much connection to reality at least.  I'd be pretty surprised if there were any paid trolls on this board at this time.  I actually never got the sense from the guy ('silverbox' who I mistakenly was commenting about) that he was particularly against Bitcoin but more that he was not about to exit his PM positions in trade.  Much like myself.

Hmmm....you have never heard about Edward50, or Nagle, or BTC Economist? Who had been bitcoin doomsayers since their first posts pretty soon after the June 2011 peak, but before shorting was an option,. They showed up each time when there was a crash, with carefully crafted posts to invoke fears, and vanished overnight when the market turned bullish, makes you wondering why they are in this forum in the first place, if they would never believe bitcoin would have a future?

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[miscreanity]

but do they know about Bitcoin? 

Maybe... if not, they will

anybody wanna buy 24 oz of gold?

sure. 24 BTC sound like a good price?

now there's the spirit!!!  Bitcoin:Gold parity! 

I bid 30 BTC!

[tvbcof]

Why?  I always figured that the guy had a footprint in Bitcoin else why would he be here?

Or maybe just getting paid to troll people out, like all those evaporated permabears.

Not an uncommon line of thinking...for paranoid folks with not much connection to reality at least.  I'd be pretty surprised if there were any paid trolls on this board at this time.  I actually never got the sense from the guy ('silverbox' who I mistakenly was commenting about) that he was particularly against Bitcoin but more that he was not about to exit his PM positions in trade.  Much like myself.

Hmmm....you have never heard about Edward50, or Nagle, or BTC Economist? Who had been bitcoin doomsayers since their first posts pretty soon after the June 2011 peak, but before shorting was an option,. They showed up each time when there was a crash, with carefully crafted posts to invoke fears, and vanished overnight when the market turned bullish, makes you wondering why they are in this forum in the first place, if they would never believe bitcoin would have a future?

If you think Bitcoin might be going somewhere you might want to obtain them.  If you want to obtain them, you might want the price to be low.  If you want the price to be low, you might try your hand at FUDing the shit out of them.  I realize that this is a chain of reasoning which could throw a lot of people.

I always took that to be Nagle's game and I vaguely recall him admitting to have bought in at around $2.00 but could be remembering wrong.  If so, nicely done Nagle.  I figure Edward50 was somewhere in that category but not as good at it.  Don't recall BTCEconomist.  One way or another these are all probably sock puppets anyway and I suspect the folks are still among us.

[oakpacific]

Why?  I always figured that the guy had a footprint in Bitcoin else why would he be here?

Or maybe just getting paid to troll people out, like all those evaporated permabears.

Not an uncommon line of thinking...for paranoid folks with not much connection to reality at least.  I'd be pretty surprised if there were any paid trolls on this board at this time.  I actually never got the sense from the guy ('silverbox' who I mistakenly was commenting about) that he was particularly against Bitcoin but more that he was not about to exit his PM positions in trade.  Much like myself.

Hmmm....you have never heard about Edward50, or Nagle, or BTC Economist? Who had been bitcoin doomsayers since their first posts pretty soon after the June 2011 peak, but before shorting was an option,. They showed up each time when there was a crash, with carefully crafted posts to invoke fears, and vanished overnight when the market turned bullish, makes you wondering why they are in this forum in the first place, if they would never believe bitcoin would have a future?

If you think Bitcoin might be going somewhere you might want to obtain them.  If you want to obtain them, you might want the price to be low.  If you want the price to be low, you might try your hand at FUDing the shit out of them.  I realize that this is a chain of reasoning which could throw a lot of people.

I always took that to be Nagle's game and I vaguely recall him admitting to have bought in at around $2.00 but could be remembering wrong.  If so, nicely done Nagle.  I figure Edward50 was somewhere in that category but not as good at it.  Don't recall BTCEconomist.  One way or another these are all probably sock puppets anyway and I suspect the folks are still among us.

Could be, but they still manage to make a few disparaging remarks when BTC is on the way up from the bottom.

[Dusty]

An interesting article: Outline on Collapse End Game

[silverbox]

Gold seems to be doing nicely today

[sadpandatech]

Gold seems to be doing nicely today

bahhhhh. it's still almost $10 below its 30 day. ;p

but not bad last few days.

I give it till Mon, London AM before it's back below 1600 again.

[silverbox]

An interesting article: Outline on Collapse End Game

Fairly interesting, but mostly stuff we've heard before.. The sky is falling QE forever, buy gold

[smoothie]

An interesting article: Outline on Collapse End Game

Fairly interesting, but mostly stuff we've heard before.. The sky is falling QE forever QE until the system collapses to 0, buy gold

[cypherdoc]

Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin

[silverbox]

Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin

hmmmm..

Never seen gold crash like this..  EVER.

I'm pretty bummed actually.  Nothing is gonna stop this train ride down..  5-6 before the end of the weekend could be here.

Sucks.

[HorseRider]

Has cypher been able to warn anyone of us anywhere(public, letters) before this crash?

[notme]

Has cypher been able to warn anyone of us anywhere(public, letters) before this crash?

He alerted us that we were ready for a dip.

[HorseRider]

Has cypher been able to warn anyone of us anywhere(public, letters) before this crash?

He alerted us that we were ready for a dip.

good.

[OgNasty]

Who's buying with me?

[miscreanity]

Who's buying with me?

Already nibbled at $12, where were you?

[cypherdoc]

Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin

hmmmm..

Never seen gold crash like this..  EVER.

I'm pretty bummed actually.  Nothing is gonna stop this train ride down..  5-6 before the end of the weekend could be here.

Sucks.

are you that desperate to promote silver and gold that you'd throw Bitcoin under the bus?

[silverbox]

Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin

hmmmm..

Never seen gold crash like this..  EVER.

I'm pretty bummed actually.  Nothing is gonna stop this train ride down..  5-6 before the end of the weekend could be here.

Sucks.

are you that desperate to promote silver and gold that you'd throw Bitcoin under the bus?

You didn't see ^^^.

I'm actually quite glad it stopped at 10 and made it back to 12, but unfortunately I think we may be in for more of a drop.

If pirate defaults, there will be no golden goose paying 7% a week to bring in Fiat to the BTC system.

If pirate unwinds and pays out, there will be tons of BTC being sold to cash out.

I see BTC dropping in price for quite a while as the fallout of pirate closing up perks thru the system.

[thezerg]

To preserve my faith in humanity I hope we find that the purchasing and subsequent rise of BTC was caused not by these get-rich-quick schemes but due to capital flight from the unstable fiat currencies (which given the US debt is basically ALL of them -- the smart $ knows this whether the media is reporting that or not).

If so I think a lot of investors will be seeing this as a fortuitous buying opportunity.  But given fiat transfer times its going to take until late next week before the majority of their accounts get funded.  Look for a big rally then 

[smoothie]

Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin

hmmmm..

Never seen gold crash like this..  EVER.

I'm pretty bummed actually.  Nothing is gonna stop this train ride down..  5-6 before the end of the weekend could be here.

Sucks.

are you that desperate to promote silver and gold that you'd throw Bitcoin under the bus?

You didn't see ^^^.

I'm actually quite glad it stopped at 10 and made it back to 12, but unfortunately I think we may be in for more of a drop.

If pirate defaults, there will be no golden goose paying 7% a week to bring in Fiat to the BTC system.

If pirate unwinds and pays out, there will be tons of BTC being sold to cash out.

I see BTC dropping in price for quite a while as the fallout of pirate closing up perks thru the system.

And here I thought that pirate was paying out in bitcoins not fiat. I know what you're going to say...he's been buying on the open market right? Well if that is so then he is short on either USD or BTC....either way he is fucked.