Bitcoin Forum
December 10, 2016, 01:09:02 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   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 ... 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] 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1807828 times)
AndrewWilliams
Member
**
Offline Offline

Activity: 112


Fourth richest fictional character


View Profile
October 25, 2013, 05:56:30 AM
 #6041

...
Gen X, it is wisest if you see the debacle you have been placed in. Tuition has risen to record levels, and in most cases graduates will be 30 years old until their student loans are paid off. Don't rely on pensions, social security, or any of that other nonsense.

Gee, thanks for the advice.  Why do you think I'm dicking around with Bitcoin?  It should be pretty obvious to most of us Gen-X'ers that we need to be looking out for our own asses since nobody else is going to be.  I practically spit on the floor when anyone tried to goad me into participating in the 401k program at my various places of work over the last decade.  I'd place a pretty big bet that unless I'm eating cat food that money will be allocated to someone else per a 'means test' regime.  I did, in fact, by rejecting the tax break bait.




I LOL'd when I read about you spitting on the floor when goaded with a 401k. Cheesy

That's funny man.




But seriously, there are rumors 401k is going to become open game for the government to seize to payoff government debt, a la Cypress banks style.

401K isn't all bad. You get to differ taxes by participating in it (depending on your tax situation, consult an honest accountant), so if the money would have gone to the tax man, anyways, it can't hurt.

But yeah, you aren't the only one pissed off at being treated as a "debt slave", working to support the baby boomers, while you will be left with little.

I say, Gen X needs to press harder with developing internet companies, like Facebook and Twitter. If there is an advantage younger people have its their tech savyness.

Let the geezers have their Social Security money. They can invest it into their precarious 401ks buying into Bitcoin ETFs Smiley Smiley Smiley Smiley Smiley

Some trust in chariots, and some in horses. Psalm 20. 7
1FMReuQSiwqM539ymHwLNdUPqUno4TfWka
1481375342
Hero Member
*
Offline Offline

Posts: 1481375342

View Profile Personal Message (Offline)

Ignore
1481375342
Reply with quote  #2

1481375342
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481375342
Hero Member
*
Offline Offline

Posts: 1481375342

View Profile Personal Message (Offline)

Ignore
1481375342
Reply with quote  #2

1481375342
Report to moderator
tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
October 25, 2013, 06:29:07 AM
 #6042

But yeah, you aren't the only one pissed off at being treated as a "debt slave", working to support the baby boomers, while you will be left with little.

Funny enough, that really never bothered me all that much.  Not sure why.  I've had a lot of good fortune in life I suppose.  It annoys me that a fair fraction of my labor is siphoned off by financial institutions on it's way to help the less fortunate though.

I say, Gen X needs to press harder with developing internet companies, like Facebook and Twitter. If there is an advantage younger people have its their tech savyness.

Even relatively older Gen-X'ers like myself who were aspiring geeks had access to such magical toys as a C-64.  When we got tired of keying in Chicken Little out of Compute's Gazette there was little else to do but learn 6502 assembly...there being no accessible Internet in the form which was to follow.  Although I forgot most of the details in the decade I spent away from computers, some of those old lessons and concepts were very helpful when I got back into things.  I doubt that I would have developed anywhere nearly as much tech savvy had I access to a modern phone with 40,000 ready-to-go apps or whatever.  But who knows?


notme
Legendary
*
Offline Offline

Activity: 1540


View Profile
October 25, 2013, 01:39:20 PM
 #6043

I'm late Gen-X.  I see us as stuck in the middle between the boomers who are retiring now and want the system to continue and the millenials who have become debt serfs trapped between more student loan debt, higher housing costs and lower job prospects than any previous generation faced.

The millenials have every reason to revolt if they are smart. I'm not sure what direction us Gen-Xers will take. On one hand we are more established and want the system to continue, on the other hand we know it will unravel before our time is up.


LOL.


Handing off the baton? Yeah right.

The baby boomer generation is set on sucking every penny through their unsustainable pensions and the current situation with social security.

As my university professors warned us, our generation will be left holding an empty bag.

The pensions are unsustainable and will NOT continue for Gen X.


Gen X, it is wisest if you see the debacle you have been placed in. Tuition has risen to record levels, and in most cases graduates will be 30 years old until their student loans are paid off. Don't rely on pensions, social security, or any of that other nonsense.

Lol@ having student loans paid off by the age of 30.  Try 45.

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

Activity: 1904


Trusted Bitcoiner


View Profile WWW
October 25, 2013, 02:22:51 PM
 #6044

I'm early Gen-Y

how fucked am I?

impulse
Full Member
***
Offline Offline

Activity: 151


View Profile
October 25, 2013, 02:29:28 PM
 #6045

I'm early Gen-Y

how fucked am I?

Don't worry Adam, you have bitcoin! Er, I think you have bitcoin, you didn't trade them all in for feathercoin I hope.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 25, 2013, 02:38:02 PM
 #6046

it's catching on:

http://www.wired.com/wiredenterprise/2013/10/bitcoin-in-japan/

even more than it has.
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756

It's all fun and games until somebody loses an eye


View Profile
October 25, 2013, 03:12:25 PM
 #6047

Handing off the baton? Yeah right.

The baby boomer generation is set on sucking every penny through their unsustainable pensions and the current situation with social security.

As my university professors warned us, our generation will be left holding an empty bag.

The pensions are unsustainable and will NOT continue for Gen X.


Gen X, it is wisest if you see the debacle you have been placed in. Tuition has risen to record levels, and in most cases graduates will be 30 years old until their student loans are paid off. Don't rely on pensions, social security, or any of that other nonsense.

Lol@ having student loans paid off by the age of 30.  Try 45.

+1: If you do some postgraduate studies you might still be in school until you are 28 and then you can defer payments while you are unemployed looking for a job, and then there is income-based payments, so If you have a couple kids you can make the national average income and be assessed a minimum payment of $0. What is this repaying student loans you are talking about?

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Zangelbert Bingledack
Legendary
*
Offline Offline

Activity: 1022


View Profile
October 25, 2013, 03:41:21 PM
 #6048


Nice article for goldbugs to read. Tokyo meetup is getting good-sized, but these are mostly non-Japanese people, and Osaka meetup is in low single-digits, very nascent, with like 1-2 Japanese. Give it a few weeks and some otaku will make their own group, thanks to Gigazine's very helpful and well-read posts.
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 1862


Revolution will be decentralized


View Profile WWW
October 25, 2013, 05:16:40 PM
 #6049

today btc collapsing, gold UP.
Maybe it's the start of an inversion(?)

tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
October 25, 2013, 05:37:50 PM
 #6050

today btc collapsing, gold UP.
Maybe it's the start of an inversion(?)

Well, will you look at that!

Actually, gold at this level with the USDX below 80 is pretty pathetic.  A year ago I would not and did not expect that such poor performance would have been very likely.  Thankfully I'm not a trader.  My career in that field would be brutal and short.


miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
October 26, 2013, 04:33:23 AM
 #6051

Gold's transition should eventually result in extensive industrial uses, as well as medical. I seriously doubt it will ever be worth nothing.
AndrewWilliams
Member
**
Offline Offline

Activity: 112


Fourth richest fictional character


View Profile
October 26, 2013, 07:11:12 AM
 #6052

Handing off the baton? Yeah right.

The baby boomer generation is set on sucking every penny through their unsustainable pensions and the current situation with social security.

As my university professors warned us, our generation will be left holding an empty bag.

The pensions are unsustainable and will NOT continue for Gen X.


Gen X, it is wisest if you see the debacle you have been placed in. Tuition has risen to record levels, and in most cases graduates will be 30 years old until their student loans are paid off. Don't rely on pensions, social security, or any of that other nonsense.

Lol@ having student loans paid off by the age of 30.  Try 45.

+1: If you do some postgraduate studies you might still be in school until you are 28 and then you can defer payments while you are unemployed looking for a job, and then there is income-based payments, so If you have a couple kids you can make the national average income and be assessed a minimum payment of $0. What is this repaying student loans you are talking about?

The average person has to pay off their students loan, one way or another. Smiley

It helps your credit score, anyways.




Some trust in chariots, and some in horses. Psalm 20. 7
1FMReuQSiwqM539ymHwLNdUPqUno4TfWka
AndrewWilliams
Member
**
Offline Offline

Activity: 112


Fourth richest fictional character


View Profile
October 26, 2013, 07:18:07 AM
 #6053

I'm early Gen-Y

how fucked am I?



Pretty fucked.


You will be paying student loans for at least 10-15 years following graduation.

While in school you will be forced to work two jobs for minimum wage if you are lucky in order to support yourself and have food to eat.

If you are unlucky you will get an unpaid internship. If you are very unlucky, the unpaid internship will turn into a minimum wage job once you graduate.

(Unpaid internships, welcome to modern times answer to slavery!)



After several years of making almost nothing at the job you spent $100,000 of dollars for the degree that was required to get it, you will ask yourself: why am I working for these pricks? Start your own business Smiley


Some trust in chariots, and some in horses. Psalm 20. 7
1FMReuQSiwqM539ymHwLNdUPqUno4TfWka
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 26, 2013, 10:10:35 AM
 #6054

Gold's transition should eventually result in extensive industrial uses, as well as medical. I seriously doubt it will ever be worth nothing.

Wow, that's quite a change in tone.
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756

It's all fun and games until somebody loses an eye


View Profile
October 26, 2013, 11:06:29 AM
 #6055

Gold's transition should eventually result in extensive industrial uses, as well as medical. I seriously doubt it will ever be worth nothing.

There is a lot of room between "reserve currency of the world" and "fills a few industrial niches". Gold could be going down for a long time.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 1862


Revolution will be decentralized


View Profile WWW
October 26, 2013, 11:29:18 AM
 #6056

Gold could be going down for a long time.

not until china and others keep buying phyzz like there is no tomorrow (they must know something that western sheeples don't)


manfred
Hero Member
*****
Offline Offline

Activity: 924


Energy is Wealth


View Profile
October 26, 2013, 03:47:47 PM
 #6057


Well now they have the space to store the Gold too.
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
New must have book "Mandarin for Dummies", or optional to as I get a Chinese girl friend.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 26, 2013, 03:55:26 PM
 #6058


Well now they have the space to store the Gold too.
http://www.zerohedge.com/news/2013-10-18/chinas-largest-conglomerate-buys-building-houses-jpmorgans-gold-vault
New must have book "Mandarin for Dummies", or optional to as I get a Chinese girl friend.

no, no, no.

that space has been reserved for mining.  digital mining.
sidhujag
Legendary
*
Offline Offline

Activity: 1302


View Profile
October 26, 2013, 05:11:47 PM
 #6059

too many weak bag holders were riding gold.. gold is a bigtime bull china india see whats gonna happen west just hiding it by manipulating price.

When small sheep are out via stoploss then the trend will hange . Great example is to look on this forum and read how many ppl are turning bearish on gold.. that makes me more bullish.. we all know all the traders here combined wouldnt sustain a $5 rise or drop in price.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2142



View Profile
October 26, 2013, 06:09:20 PM
 #6060


That woman Karen Hudes, while I have much respect for her, scares the shit out of me with that "rule of law" talk.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Pages: « 1 ... 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] 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 ... 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!