Bitcoin Forum
December 08, 2016, 08:16:49 PM *
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 ... 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 [282] 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806428 times)
smoothie
Legendary
*
Offline Offline

Activity: 1848


LEALANA Monero Physical Silver Coins


View Profile
September 14, 2013, 03:20:41 AM
 #5621

Not that I disagree that silver could go as low as $5-$10 but exactly what price are we talking about?

Paper silver price?

Physical silver price?

If we have massive deflation in the USD then anything on the downside of both is possible.



In this thread we are talking about the paper price unless other wise noted.


There is no way anyone could know the physical price all over the world at one time.

Yeah that's (bold) pretty obvious.

In a moving market when you go to sell your silver generally you don't sell at the paper price (if you are smart). Most local bullion dealers/shops mark their bullion up.

Correct me if I'm wrong, but hasn't their been much talk about BUYING and SELLING physical silver in this thread? If so, I would think that would account for the physical price you could get when buying or selling to include not just the paper price, but the physical as well.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
1481228209
Hero Member
*
Offline Offline

Posts: 1481228209

View Profile Personal Message (Offline)

Ignore
1481228209
Reply with quote  #2

1481228209
Report to moderator
dopamine
Sr. Member
****
Offline Offline

Activity: 471



View Profile
September 14, 2013, 03:14:50 PM
 #5622

Jim Rogers claims the bottom in PM hasn't been form, I'm waiting for lower prices to buy more Smiley

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
September 14, 2013, 10:15:07 PM
 #5623

Me too, but the question is, how low can we go? Smiley

Paper can go negative.

Physical can hit a discount to face value, most likely if the seller is ignorant of the market - many westerners.

Realistically, small sales not going through established dealers are a crapshoot at this point. I'd say high teens.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2013, 10:22:01 PM
 #5624


It was Sxxxx #1

lol!
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 15, 2013, 09:34:03 AM
 #5625

Would love to see silver that cheap again, but the fundamentals? Even with the rising bond rates I don't see the dollar getting that much stronger in the near term.  Despite all of the new taxes, the spending is still outpacing it.  For the dollar to be that strong, it would take some serious fiscal discipline among those making the decisions with what used to be the money of the American people.  Continued dollar devaluation seems more likely than not, as debt ceiling is poised to rise next month yet again.

That said, precious metals are heavily manipulated, so anything could happen.  The ETF naked short game brought the prices down, physical buying reached binge levels. When the big guys have loaded up their trucks, they may just want to reverse it back up.
Some are hinting that this will be sooner than later.
http://www.zerohedge.com/news/2013-08-16/jpm-advises-buy-gold

Or... they could go for another round of shorting the paper to see if they can grab some more?
http://www.marketwatch.com/story/gold-extends-losses-though-some-still-bullish-2013-09-12

Its their game, we are just barnacles on the underside of the cargo ship trying to guess which way the captain will steer.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
lebing
Legendary
*
Offline Offline

Activity: 1274


Bitcoin: The honey badger of currencies


View Profile
September 15, 2013, 10:58:24 AM
 #5626


Its their game, we are just barnacles on the underside of the cargo ship trying to guess which way the captain will steer.

Epic analogy!

Bro, do you even blockchain?
-E Voorhees
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
September 15, 2013, 05:21:27 PM
 #5627

High teens? Hmm, I think there is massive support at 18ish and that if we break under that we could hit 12-13 before new solid resistance is found. Under that? Not sure.

From 2003-2005, a foundation of ~$7 was established. In 2008, silver was knocked down through the 18 level to sub-$10, right around $7 again.

During 2009, a grind up from $10-20 took place, followed by over half of 2010 spent breaking through $18 for the third time.

With the 2011 spike and subsequent two-year grind down to test $18, the same pattern of 2003-2008 is happening at a greater scale.

Trends are still the same, including fiat debasement. Fiat is also the most significant wildcard. Your perspective on buying declines is a long-term one that is well suited to this situation, even when working with paper prices.
smoothie
Legendary
*
Offline Offline

Activity: 1848


LEALANA Monero Physical Silver Coins


View Profile
September 15, 2013, 05:36:13 PM
 #5628

Would love to see silver that cheap again, but the fundamentals? Even with the rising bond rates I don't see the dollar getting that much stronger in the near term.  Despite all of the new taxes, the spending is still outpacing it.  For the dollar to be that strong, it would take some serious fiscal discipline among those making the decisions with what used to be the money of the American people.  Continued dollar devaluation seems more likely than not, as debt ceiling is poised to rise next month yet again.

That said, precious metals are heavily manipulated, so anything could happen.  The ETF naked short game brought the prices down, physical buying reached binge levels. When the big guys have loaded up their trucks, they may just want to reverse it back up.
Some are hinting that this will be sooner than later.
http://www.zerohedge.com/news/2013-08-16/jpm-advises-buy-gold

Or... they could go for another round of shorting the paper to see if they can grab some more?
http://www.marketwatch.com/story/gold-extends-losses-though-some-still-bullish-2013-09-12

Its their game, we are just barnacles on the underside of the cargo ship trying to guess which way the captain will steer.

Well based upon how much digital dollars exist, deflation could get very turbulent. This presumes the credit expansion collapses even more than it has in the past 3-4 years. So silver $ price can go pretty low depending upon this.

But this is just one really extreme scenario that I think would be short-lived as the FED's policy is more for inflation than deflation.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
September 15, 2013, 07:19:24 PM
 #5629

nice one  Wink

and yes, single digits for Silver to come

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
September 15, 2013, 07:29:49 PM
 #5630

nice one  Wink

and yes, single digits for Silver to come


i think sub 15 is good price tho, i can see 5-9$ silver but not for more then a year... price should even out in the high teens in the next few years. just cuz of the currency wars, inflation everywhere...

S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
September 15, 2013, 07:32:44 PM
 #5631

nice one  Wink

and yes, single digits for Silver to come


i think sub 15 is good price tho, i can see 5-9$ silver but not for more then a year... price should even out in the high teens in the next few years. just cuz of the currency wars, inflation everywhere...

yes, prices sub 10 $ will probably not exist for a very long time

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
molecular
Donator
Legendary
*
Offline Offline

Activity: 2142



View Profile
September 15, 2013, 07:32:55 PM
 #5632

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
September 15, 2013, 07:34:33 PM
 #5633

PMs is not where you want to be right now thats for sure

bitcoin, because economies around the world just got an good fiat money fix, this is good for bitcoin! Bitcoin is becoming more and more big biz. so ya... i believe a valuation of 1000$ will sooner or later, be necessary! 10K bitcoins seems like a pipe dream today, but tomorrow...

adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
September 15, 2013, 07:36:47 PM
 #5634

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


i've alway been bearish on PMs  i was thinking about getting some at the 1500$ in the bubble, 3-6 weeks later gold line calls me and says its 1900$ LOL

gold line called em a few times after that...

PM is just no good right now, it hasn't been good for a year and it probably won't be good for a couple more...

S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
September 15, 2013, 07:36:57 PM
 #5635

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


perhaps because they have seen that this call was right :-)
sorry, couldn't resist bragging  Wink

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
molecular
Donator
Legendary
*
Offline Offline

Activity: 2142



View Profile
September 15, 2013, 07:53:43 PM
 #5636

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


perhaps because they have seen that this call was right :-)
sorry, couldn't resist bragging  Wink


Steilvorlage, kein Problem Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
sidhujag
Legendary
*
Online Online

Activity: 1302


View Profile
September 15, 2013, 08:24:36 PM
 #5637

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


i've alway been bearish on PMs  i was thinking about getting some at the 1500$ in the bubble, 3-6 weeks later gold line calls me and says its 1900$ LOL

gold line called em a few times after that...

PM is just no good right now, it hasn't been good for a year and it probably won't be good for a couple more...
Statements like this make me bullish pms always go vs the herd. Someone has to lose.
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
September 15, 2013, 08:31:41 PM
 #5638

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


i've alway been bearish on PMs  i was thinking about getting some at the 1500$ in the bubble, 3-6 weeks later gold line calls me and says its 1900$ LOL

gold line called em a few times after that...

PM is just no good right now, it hasn't been good for a year and it probably won't be good for a couple more...
Statements like this make me bullish pms always go vs the herd. Someone has to lose.

Since when does one internet post indicate the consensus of the herd?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
September 15, 2013, 08:47:50 PM
 #5639

I knew about S3051 being bearish on silver for years, but now it seems everyone is... why?


perhaps because they have seen that this call was right :-)
sorry, couldn't resist bragging  Wink


Steilvorlage, kein Problem Wink

was willste trinken ;-), jetzt wo wir 1:0 fuehren nach deinem traumpass

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 15, 2013, 11:09:19 PM
 #5640

The creeping realization :

http://m.youtube.com/watch?feature=youtu.be&v=pooQBC-2mQU&desktop_uri=%2Fwatch%3Fv%3DpooQBC-2mQU%26feature%3Dyoutu.be
Pages: « 1 ... 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 [282] 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 ... 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!