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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
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1805887 times)
rpietila
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November 07, 2013, 11:29:37 AM
 #6341

If you don't understand something, don't buy it.

(It will go up or down regardless of your understanding it or not; the thing is that you sleep better when you've invested into things you know)

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Blitz­
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November 07, 2013, 11:32:24 AM
 #6342

Thanks cypher, I love that picture.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
cypherdoc
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November 07, 2013, 02:14:52 PM
 #6343

Gold collapsing. Bitcoin UP.

Zerg, you slackin boy?
paraipan
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November 07, 2013, 04:02:44 PM
 #6344

Cypherdoc used to talk about adoption driven by price rise, now with the price rising, I am starting to see how this could make sense, in a new way.

I am inspired by the Oz Tomcar company which recently started accepting Bitcoin, the reasoning being: a lot of merchants will conclude from the price performance of Bitcoin, that there must be quite a few people getting rich with their Bitcoins out there, and want to cater to their needs(even one single order could be big for them!), this, combined with the fact that the setting up for accepting Bitcoin costs only trivially, and the potential publicity brought by such a move, could motivate lots of merchants to jump in the bandwagon.

First car-maker to accept bitcoin was Wikispeed in 2012

http://wikispeed.org/2012/07/wikispeed-first-car-maker-in-the-world-to-accept-bitcoin-press-release/

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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November 07, 2013, 06:25:16 PM
 #6345

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 309.00 (299.45 btcChina in USD).  Gold is 1296.40.  Nasdaq is 3886.00
Bitcoin: 5622.22% (5445.30%)
Gold:    -23.29%
Nasdaq:  27.20%
Gold Diff:  7360% advantage Bitcoin
Nasdaq Diff:  4399% advantage Bitcoin

EPIC!  Sorry for the delay... just returned from india

Cypherdoc used to talk about adoption driven by price rise, now with the price rising, I am starting to see how this could make sense, in a new way.

I am inspired by the Oz Tomcar company which recently started accepting Bitcoin, the reasoning being: a lot of merchants will conclude from the price performance of Bitcoin, that there must be quite a few people getting rich with their Bitcoins out there, and want to cater to their needs(even one single order could be big for them!), this, combined with the fact that the setting up for accepting Bitcoin costs only trivially, and the potential publicity brought by such a move, could motivate lots of merchants to jump in the bandwagon.

Just check out the ads on bitcoin charts... a year ago they were VERY different!
Zangelbert Bingledack
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November 07, 2013, 10:09:20 PM
 #6346

Anything planned for quintuple digits? (+10,000%)
cypherdoc
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November 07, 2013, 10:37:20 PM
 #6347

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.
Melbustus
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November 08, 2013, 01:42:34 AM
 #6348

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
NewLiberty
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November 08, 2013, 02:55:40 AM
 #6349

I look forward to issuing the 1 ozt Gold Bitcoin specie.

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
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November 08, 2013, 02:58:34 AM
 #6350

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.

Featuring a gold burning? We'll need some aqua regia.
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November 08, 2013, 03:09:45 AM
 #6351

Litecoin is doing great. Devs are very active and have a good working relationship with the Bitcoin devs. Litecoin adoption is slowly but steady increasing. It will have its moment of fame.

I really don't understand  the demand for litecoin. What does it offer? I can kind of/sort of understand ppc, but l see no competitive advantage with litecoin. And it has the automatic negative of not being first mover, which is huge.

These days I don't really trade BTC anymore, there's too much sentiment value I attach to this thing, so I just trade LTC instead.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
antimattercrusader
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November 08, 2013, 06:24:47 AM
 #6352

LTC have treated me very well, so have PPC.

I was a bit late to the BTC bandwagon and only really got in at 7-14, then sold, didn't get back in again until 60.

I got LTC and PPC when they were single digits cents.

Damnit I wish I had bought more, including selling a testicle and whoring out my cat for revenue.

BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
molecular
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November 08, 2013, 06:34:42 AM
 #6353

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

made a poll "when parity" early this year. https://bitcointalk.org/index.php?topic=137014.0

EDIT: and found a nice shot I made in 2012:



PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
notme
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November 08, 2013, 06:36:33 AM
 #6354

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

made a poll "when parity" early this year. https://bitcointalk.org/index.php?topic=137014.0

Damn, I was feeling bearish in January.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
molecular
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November 08, 2013, 06:37:52 AM
 #6355

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

made a poll "when parity" early this year. https://bitcointalk.org/index.php?topic=137014.0

Damn, I was feeling bearish in January.

me too, I settled on 4-6 years back then

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
notme
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November 08, 2013, 06:39:58 AM
 #6356

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

made a poll "when parity" early this year. https://bitcointalk.org/index.php?topic=137014.0

Damn, I was feeling bearish in January.

me too, I settled on 4-6 years back then


7-10 here

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
molecular
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November 08, 2013, 06:49:05 AM
 #6357

Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.


Parity Party. I like it. +1.

made a poll "when parity" early this year. https://bitcointalk.org/index.php?topic=137014.0

Damn, I was feeling bearish in January.

me too, I settled on 4-6 years back then


7-10 here

man, we truly are some conservative bunch of people when it comes to price prediction Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
rpietila
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November 08, 2013, 07:10:45 AM
 #6358

man, we truly are some conservative bunch of people when it comes to price prediction Wink

Or investment. Last year this time I had about 10% of grand total net wealth in bitcoin.

cypherdoc
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November 08, 2013, 02:23:13 PM
 #6359

Gold collapsing. Bitcoin UP.
oakpacific
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November 08, 2013, 02:45:39 PM
 #6360

Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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