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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804737 times)
molecular
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March 05, 2013, 10:46:43 AM
 #4381

The Daaash for Digital Caaash!  Cheesy

Bitcoin: FUCK YEAH!

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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March 05, 2013, 05:35:26 PM
 #4382

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +645%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -43% silverbox long


Diff:  +652% advantage Bitcoin and growing
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March 05, 2013, 06:23:39 PM
 #4383

Nice comparison: http://www.businessinsider.com/this-chart-of-bitcoins-is-bananas-and-it-looks-a-lot-like-the-price-of-gold-2013-3
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March 05, 2013, 06:48:42 PM
 #4384


In my opinion, but gold and Bitcoin share a feature that they have been significantly undervalued.  I personally doubt that either is in a bubble, but are simply on their way to a fair value.  But speed-bumps are to be expected.

In the case of gold, the issue has been with the health and stability of debt-base inflationary monetary regimes.  Gold simply cannot compete in such an environment.

In the case of Bitcoin, it is simple ignorance of the solution and lack of time to develop a viable economy.

My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued.  But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.


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Bitcoin: The honey badger of currencies


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March 05, 2013, 07:05:59 PM
 #4385


My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued.  But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.


There are until there aren't. When that happens (and it will - eventually)... watch out.

Bro, do you even blockchain?
-E Voorhees
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March 06, 2013, 01:06:14 AM
 #4386

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +657%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +664% advantage Bitcoin
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March 06, 2013, 01:27:35 AM
 #4387

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +665%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +672% advantage Bitcoin
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March 06, 2013, 02:07:10 AM
 #4388

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +674%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +681% advantage Bitcoin
cypherdoc
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March 06, 2013, 02:32:25 AM
 #4389

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +691%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +698% advantage Bitcoin
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March 06, 2013, 02:35:06 AM
 #4390

You know it's crazy when you have to post it 5 times a day.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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March 06, 2013, 02:38:15 AM
 #4391

This goes for you too cypherdoc

If you were Bit-Rich, what would you do to make the world a better place?

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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March 06, 2013, 02:38:54 AM
 #4392

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +696%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +703% advantage Bitcoin
cypherdoc
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March 06, 2013, 02:54:54 AM
 #4393

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +703%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +710% advantage Bitcoin
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March 06, 2013, 03:02:51 AM
 #4394

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +715%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +722% advantage Bitcoin
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March 06, 2013, 03:09:49 AM
 #4395

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +730%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +737% advantage Bitcoin
cypherdoc
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March 06, 2013, 03:11:06 AM
 #4396

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +733%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long


Diff:  +740% advantage Bitcoin
sunnankar
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March 06, 2013, 04:03:52 AM
 #4397

Diff:  +740% advantage Bitcoin

Just wait for tomorrow morning  Wink The price discovery is going to get really fun.

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March 06, 2013, 04:23:22 AM
 #4398

Diff:  +740% advantage Bitcoin

Just wait for tomorrow morning  Wink The price discovery is going to get really fun.

so what's happening in the morning?
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March 06, 2013, 04:39:44 AM
 #4399

Just wait for tomorrow morning  Wink The price discovery is going to get really fun.
so what's happening in the morning?

Does it matter as long add you've got a BTC stash? Smiley

Not much but air up here, though it'd still be nice to see the really take a breather.
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March 06, 2013, 04:40:24 AM
 #4400

Just wait for tomorrow morning  Wink The price discovery is going to get really fun.

so what's happening in the morning?

Buy every bitcoin you can on the rumor and sell the news.  Wink

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