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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032123 times)
cypherdoc (OP)
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February 09, 2013, 12:38:40 PM
 #4161

The Attack of the Ribosomes!

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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cypherdoc (OP)
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February 09, 2013, 09:36:02 PM
 #4162

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +342%

Gold:  -1%

GPL:  -23% silverbox long

Diff:  +343% advantage Bitcoin and growing
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February 11, 2013, 11:32:24 AM
 #4163

The only reason why gold is not already accounting for the expansion of the currency supply is because central banks are leasing gold to the market in huge quantities and the futures market is greatly manipulated. It's a perverse scam. I don't know when, but you'll see gold and silver accounting for nearly ALL the currency out there, a blizzard of worthless paper.

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.
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February 11, 2013, 11:37:37 AM
 #4164

can you make the font-size according to the advantage-percentage? for example: 354% = font-size: 35pt ?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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February 11, 2013, 01:02:44 PM
 #4165

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.

Having intrinsic value is not a requirement for something to become money. Moreover claiming that something is currency and not money is perverse.

Money is an abstract idea of something being used as a medium of exchange as opposed to direct barter. Currency is simply physical or these days virtual representation of money.



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February 11, 2013, 01:07:02 PM
 #4166

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.

Having intrinsic value is not a requirement for something to become money. Moreover claiming that something is currency and not money is perverse.

Money is an abstract idea of something being used as a medium of exchange as opposed to direct barter. Currency is simply physical or these days virtual representation of money.




You are just both using different definitions of the terms.  I think he is using Michael Maloney's version who says the difference between money and currency is intrinsic value.
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February 11, 2013, 05:04:53 PM
 #4167

can you make the font-size according to the advantage-percentage? for example: 354% = font-size: 35pt ?

could you write me a script for that?
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February 11, 2013, 05:06:56 PM
 #4168

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +342%

Gold:  -3%

GPL:  -25% silverbox long

Diff:  +345% advantage Bitcoin and growing
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February 11, 2013, 05:45:30 PM
 #4169

How many ~dollars to $30?
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February 11, 2013, 05:55:37 PM
 #4170

How many ~dollars to $30?

$561K
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February 11, 2013, 05:56:16 PM
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February 11, 2013, 06:13:59 PM
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Was 24.11 really worth getting THAT excited about? Wink
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February 11, 2013, 06:23:51 PM
 #4173

Was 24.11 really worth getting THAT excited about? Wink

I think he posted that chart so we see the depth. My sub to btccharts.com expired
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February 11, 2013, 06:32:12 PM
 #4174

Was 24.11 really worth getting THAT excited about? Wink

I think he posted that chart so we see the depth. My sub to btccharts.com expired
Point taken.  Apologies Smiley
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February 11, 2013, 07:18:20 PM
 #4175

Was 24.11 really worth getting THAT excited about? Wink

I think he posted that chart so we see the depth. My sub to btccharts.com expired
Point taken.  Apologies Smiley

We have a thread for that already:

https://bitcointalk.org/index.php?topic=85687.0

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February 11, 2013, 07:25:48 PM
Last edit: February 12, 2013, 08:16:47 AM by lebing
 #4176


Half of that will evaporate (be pulled, not bought) as we get closer as well

Bro, do you even blockchain?
-E Voorhees
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February 11, 2013, 11:52:39 PM
 #4177

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +356%

Gold:  -3%

GPL:  -25% silverbox long

Diff:  +359% advantage Bitcoin and growing
cypherdoc (OP)
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February 12, 2013, 04:33:59 PM
 #4178

the silverbox update (comparison from the beginning of this thread, March 13th, 2012):

Bitcoin:  +371%

Gold:  -3%

GPL: -27% silverbox long

Diff:  +374% advantage Bitcoin and growing


i can't tell you how bad this break is for silverbox's long on GPL.  looks like he's heading for new lows:

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February 12, 2013, 06:09:58 PM
 #4179

the silverbox update (comparison from the beginning of this thread, March 13th, 2012):

Bitcoin:  +378%

Gold:  -3%

GPL: -27% silverbox long

Diff:  +381% advantage Bitcoin and growing
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February 13, 2013, 03:38:02 PM
 #4180

Gold down.   Bitcoin up.
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