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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1940706 times)
miscreanity
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June 21, 2013, 09:52:51 PM
 #5261

Where's the supply coming from to drive the price down? That's right - there isn't any, we're merely seeing paper games.

Mining operation shutting down.

And I'll just leave this here.
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marcus_of_augustus
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June 21, 2013, 10:43:27 PM
 #5262

Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...

She has more btc than most people on the forum. She also bought asic miner stock at .85 and she is only cashing out the dividends. However she likes to show off so whatever. She makes me happy so i try to do the same.


Sounds like she has everything she needs ... give her some children?

BitcoinAshley
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June 22, 2013, 01:44:38 AM
 #5263

Where's the supply coming from to drive the price down? That's right - there isn't any, we're merely seeing paper games.

Mining operation shutting down.

And I'll just leave this here.

*obligatory statement about tinfoil hat.*

Come on, duuuddde, nobody's manipulating gold and silver prices, those banksters are just too trustworthy. They're going down because they're a barbaric relic that has no worth anymore, just an ancient tradition. Gold and silver are on the way out.

Ignore the part where a barrel of oil costs the same in gold now as it did a hundred years ago.

*end with statement about silver at $5 and gold at $500 and are you happy to have lost all that money because of some tinfoil hat manipulations scheme*

Nah, who are we kidding? You will be vindicated eventually... you just might have to wait 2 years, 20 years, or 2 thousand years.

molecular
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June 22, 2013, 08:35:26 AM
 #5264

Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...

She has more btc than most people on the forum. She also bought asic miner stock at .85 and she is only cashing out the dividends. However she likes to show off so whatever. She makes me happy so i try to do the same.

Whatever happened to the goal of having an independent woman by your side? Guess "independence" slides down the priority scale with increase of net-worth of the individual man. Same for age.




She is from a well off family and the btc stuff is so she gets used to using it and the idea of it.

She was with me before btc Wink

I retract any allegations I might've implied earlier. I remembered seeing another girl a while back on your profile pic and drew some wrong conclusions.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
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June 22, 2013, 11:33:26 AM
 #5265

this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
phoenix1
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June 22, 2013, 11:45:17 AM
 #5266

this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalk.org/index.php?topic=240008.0

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
molecular
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June 22, 2013, 01:43:04 PM
 #5267

this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalk.org/index.php?topic=240008.0

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy

I wasn't suggesting to trade on that. It's interesting to think about this anyhow.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
phoenix1
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June 22, 2013, 01:59:06 PM
 #5268

this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalk.org/index.php?topic=240008.0

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy

I wasn't suggesting to trade on that. It's interesting to think about this anyhow.

Did not mean to imply that you were  Wink

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
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June 24, 2013, 07:11:44 AM
 #5269

Hey tv,

I guess the question is settled :


http://rt.com/op-edge/bitcoin-currency-max-keiser-138/
Frozenlock
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June 24, 2013, 07:25:47 AM
 #5270

Gold and silver slipping down.
Asia markets down (again...)

This might be the beginning of a glorious week!  Grin
Nekrobios
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June 24, 2013, 07:58:35 AM
 #5271

Gold down, Stocks down, Euro down, Bitcoin down.

Bernanke Bux UP.
Frozenlock
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June 24, 2013, 08:03:04 AM
 #5272

Gold down, Stocks down, Euro down, Bitcoin down.

Bernanke Bux UP.

 Cheesy Cheesy

I can't use this enough:

Jaroslaw
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June 24, 2013, 09:15:43 AM
 #5273

Im willing to buy 10kg of Gold for bitcoins anyone interested ?
cypherdoc
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June 24, 2013, 01:58:03 PM
 #5274

miscreanity,

it must be time, right?



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June 24, 2013, 02:24:32 PM
 #5275

silverbox's GPL in big trouble.

DOWN 68%:

cypherdoc
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June 24, 2013, 04:23:57 PM
 #5276

buying opportunity.  surely:

Frozenlock
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June 24, 2013, 04:27:07 PM
 #5277

buying opportunity.  surely:



Reminds me of something...
Nekrobios
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June 24, 2013, 05:06:23 PM
 #5278

silverbox's GPL in big trouble.

DOWN 68%:
And Bitcoin down 65%. Grin
miscreanity
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June 25, 2013, 01:41:39 AM
 #5279

buying opportunity.  surely:

Review my comment regarding backdrafts.

An explosive chemical reaction is typically preceded by a growth phase in which oxidation spreads through the fuel mass. Then the primed material ignites/reacts.

The financial world has been soaking up petrol for the past five years and now resembles napalm more than anything else.

Derivatives burn. Gold does not.

Good thing Bitcoin doesn't either Smiley
miscreanity
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June 25, 2013, 01:52:54 AM
 #5280

You will be vindicated eventually... you just might have to wait 2 years, 20 years, or 2 thousand years.

There have been several inflection points in the process of monetary mismanagement since the link between the dollar and gold began to separate, each progressively accelerating the overall rate of change. Increasing by a factor of ten in a decade seems to be a lot closer to 2 more years remaining than 20, much less 2,000.

If there were any realistic way to show the rate of systemic acceleration, it would be a different story. Sadly, there is no salvation for the existing system; there is only escape/transition.
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