Bitcoin Forum
December 08, 2016, 12:27:49 AM *
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 ... 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] 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1805777 times)
Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
November 15, 2013, 11:07:58 PM
 #6501

The fun outlook: markets crashed months after replacement of the last FED chairmen. Yellen could be up for a surprise (and she sure isn't seeing any bubbles while stocks are exploding on enormous FED $$ pumping)...

I imagine what Bitcoin will do when the large markets plummet again.

I can only hope there is a Bitcoin ETF on the NASDAQ before it happens. (with actual Bitcoin's backing it, with a verified signed message.)

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
1481156869
Hero Member
*
Offline Offline

Posts: 1481156869

View Profile Personal Message (Offline)

Ignore
1481156869
Reply with quote  #2

1481156869
Report to moderator
1481156869
Hero Member
*
Offline Offline

Posts: 1481156869

View Profile Personal Message (Offline)

Ignore
1481156869
Reply with quote  #2

1481156869
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
November 16, 2013, 12:35:49 AM
 #6502

It will be very interesting if Bitcoin and gold ETFs with no asset backing eventually blow up around the same time...
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 16, 2013, 01:03:02 AM
 #6503

http://www.ecns.cn/cns-wire/2013/11-15/88703.shtml

Are Chinese damas giving up PM for Bitcoins? I am not sure how to make of it.

On another note, I would really like to see the U.S trying to greenlist them, dama doesn't give a damn! Grin

Given the infamy of Japanese Ms. Watanabe's, it seems no surprise as to the rise of Chinese Dama's.

That's the good thing about having a senior around, I haven't realized that historical perspective. Smiley

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
November 16, 2013, 06:25:12 PM
 #6504

I've long held the opinion that the most important thing about todays system of schooling is not the content of the curriculum, but the structure of the whole activity in schools. Sort of like Marshall McLuhans "the Media is the Message" - it doesn't matter what is ON TV, what matters is that TV, as a medium influences thought and action in a certain way, regardless of what content is shown.

So what do our schools teach us? The first thing they teach you is that you are not the sovereign master of your time. They teach you that all your life, there will be predetermined periods of time, during which you have to be at a certain location, doing specific things. After that you will generously get some "free time".

Next thing you learn is that there is exactly one correct answer for everything and don't bother trying to come up with it yourself, we already have, so just memorize it.

And do NOT question authority. Mistakes are wrong, be afraid of mistakes, you will be punished for them.

All in all these places stifle creative thinking and personal development, reinforce conformity and submissiveness to authority. In other words they achieve their goal splendidly. What goal? George Carlin pointed it out years ago: the point of schools is to create obedient workers. Just smart enough to run the machines and do the paperwork and just dumb enough to passively accept all the rigged bullshit of this system.

Well put!

IMHO the issue with the current system is across the board our "thought leaders" (i.e. those in positions to advise and create/influence policy) are universally those who bought into the conformity of thinking you described so well. Just look at the path one HAS to go through to become a FED chairman. It requires going to a top economics program, accepting the concensus line of thinking as fact, and becoming highly regarded in that field by publishing papers that most other experts agree with.

By definition, those who go outside the norm are not seen positively and do not advance in the field. Engineering/science fields are at least grounded in a physcial world, it is possible to later prove who is right, but economics & public policy have no such feedback mechanism and as a result can go down false paths for generations. Worse is these fields are coruptable due to their proximity to money/power politics.

Look at the shit I just got in the mail:
http://img856.imageshack.us/img856/8357/j3ic.jpg

And it was probably written by freshly graduated students.

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 06:09:21 AM
 #6505

Gold Parity, here we come.
vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
November 17, 2013, 06:25:04 AM
 #6506

Gold Parity, here we come.

kinda weird to think about after all these years... what's after that?

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 06:31:40 AM
 #6507

Gold Parity, here we come.

kinda weird to think about after all these years... what's after that?

The Moon?
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 17, 2013, 06:33:02 AM
 #6508

Gold Parity, here we come.

kinda weird to think about after all these years... what's after that?

We don't know, we happen to live in a time that's fundamentally different from any preceding it, for the last 600 or so years, right after the institution of banking was created.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 12:30:34 PM
 #6509

Gold collapsing. Bitcoin UP.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 12:41:43 PM
 #6510

Zerg, 500 is a milestone.
vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
November 17, 2013, 02:04:49 PM
 #6511

Gold Parity, here we come.

kinda weird to think about after all these years... what's after that?

We don't know, we happen to live in a time that's fundamentally different from any preceding it, for the last 600 or so years, right after the institution of banking was created.

Singularity Smiley

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
Omikifuse
Legendary
*
Offline Offline

Activity: 1050



View Profile
November 17, 2013, 02:17:44 PM
 #6512

seriously, gold has nothing to do with Bitcoin.....

vokain
Legendary
*
Offline Offline

Activity: 1610


V.V.V.V.V.


View Profile
November 17, 2013, 02:21:08 PM
 #6513

seriously, gold has nothing to do with Bitcoin.....

Got your thesis, now where's the evidence and argument?

Thought so...

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 07:38:09 PM
 #6514

thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
November 17, 2013, 07:44:09 PM
 #6515

Zerg, 500 is a milestone.

absolutely but must wait 6 more hrs... sorry!
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 17, 2013, 07:45:25 PM
 #6516

Zerg, 500 is a milestone.

absolutely but must wait 6 more hrs... sorry!

slackin
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
November 18, 2013, 01:50:23 AM
 #6517

Zerg, 500 is a milestone.

absolutely but must wait 6 more hrs... sorry!

slackin



the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 542.00 (555.82 btcChina in USD).  Gold is 1286.00.  Nasdaq is 3985.97
Bitcoin: 9937.04% (10193.04%)
Gold:    -23.91%
Nasdaq:  30.47%
Gold Diff:  13090% advantage Bitcoin
Nasdaq Diff:  7593% advantage Bitcoin
dominicwin
Member
**
Offline Offline

Activity: 84


View Profile
November 18, 2013, 02:34:24 AM
 #6518

I have a Gold IRA and have no intentions of getting rid of it. Personally I think Gold is safer and Bitcoin is the riskier side of my investing although I LOVE LOVE LOVE bitcoin (at the moment) haha. The key word though is always Diversify!

CUBAN CIGARS for Sale - Full Boxes and Individual Cigars https://bitcointalk.org/index.php?topic=299151.0
Austrian GOLD 1oz PHILHARMONICS -  https://bitcointalk.org/index.php?topic=330401.0
BUYING BTC HERE https://bitcointalk.org/index.php?topic=334920.0
AndrewWilliams
Member
**
Offline Offline

Activity: 112


Fourth richest fictional character


View Profile
November 18, 2013, 02:59:49 AM
 #6519

Damn, when will it ever stop?  Cheesy



Maybe - It - can't - be - stopped!  Shocked

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

Activity: 798


View Profile
November 18, 2013, 03:57:10 AM
 #6520

Currently, the Bitcoin network consumes about 5M-6M joules per second, which means that each Bitcoin will take about 5.5MW*600s/25=1.28*10^8 J to create, using the mass-energy equation, 1 gram of gold/silver, or any matter can be converted to about 9*10^13 J of energy, but gold/silver ceases to be different from any other matter at elementary particles stage, so the energy ratio could be much smaller, and likely to go to 1 should the Bitcoin price increases another thousand fold. The fiat money en

SHA256 used in mining is like the Horcrux of Bitcoin, should it not be broken(the one used in address hashing can be replaced), Bitcoin remains very real like matter despite being virtual.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Pages: « 1 ... 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] 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 ... 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!