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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
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1805667 times)
cypherdoc
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November 18, 2013, 10:00:43 AM
 #6521

Gold collapsing. Bitcoin UP.
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justusranvier
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November 18, 2013, 10:10:37 AM
 #6522

Added another week's worth of data:

justusranvier
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November 18, 2013, 10:14:49 AM
 #6523

For the first time ever, one ounce of gold buys less than 3 bitcoins.
cypherdoc
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November 18, 2013, 10:15:02 AM
 #6524

http://mobile.bloomberg.com/news/2013-11-18/u-s-agencies-to-say-bitcoins-offer-legitimate-benefits.html

Now we know who's been buying : Bernanke!

proudhon
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November 18, 2013, 10:20:04 AM
 #6525


Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
justusranvier
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November 18, 2013, 10:24:11 AM
 #6526

Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
There's going to be a brawl involving the  Federal Reserve, JP Morgan, and Goldman Sachs over who gets those spoils.
cypherdoc
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November 18, 2013, 10:24:54 AM
 #6527


Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.

What do you think we're witnessing?
cypherdoc
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November 18, 2013, 10:26:38 AM
 #6528

Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
There's going to be a brawl involving the  Federal Reserve, JP Morgan, and Goldman Sachs over who gets those spoils.

There's no way the FBI gives them up. 
justusranvier
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November 18, 2013, 10:28:12 AM
 #6529

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.
cypherdoc
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November 18, 2013, 10:40:53 AM
 #6530

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

oakpacific
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November 18, 2013, 10:42:17 AM
 #6531

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.



At least if they try to sell these coins we can manipulate the hell out of them Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
ErisDiscordia
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Imposition of ORder = Escalation of Chaos


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November 18, 2013, 12:09:20 PM
 #6532

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

I identify myself as an anarchist and it doesn't bother me. BTC is for everyone. And the fact that the US government is one of the biggest holders of BTC always makes me chuckle when I think about it  Cheesy

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
Blitz­
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"Cut Your Loose"


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November 18, 2013, 12:10:43 PM
 #6533

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.


Prepare for shitstorm. Cheesy

"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
Zangelbert Bingledack
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November 18, 2013, 01:24:41 PM
 #6534

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

Better the FBI than the bankers. But actually I want everyone in the government to hold bitcoins. Then all the right incentives are in place for the monetary regime to rip apart at the seams.
wachtwoord
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November 18, 2013, 02:18:58 PM
 #6535

There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.


Prepare for shitstorm. Cheesy

I prefer the FBI has them too. They might just be stupid enough to lose the keys Wink

oakpacific
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November 18, 2013, 02:21:34 PM
 #6536

ATH is currently at the golden ratio of $1000.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
cypherdoc
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November 18, 2013, 04:44:20 PM
 #6537

Gold collapsing.  Bitcoin UP.
chrsjrcj
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November 18, 2013, 05:14:47 PM
 #6538

I hate this thread.  Cheesy

Every time I see it I'm reminded of the time I bought $1k worth of silver back in September of 2011 at a price of $42 an ounce. Yes, just weeks before it crashed to $26. Unfortunately, I didn't learn about bitcoin until February of this year, but (fortunately) started buying at $29.

cypherdoc
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November 18, 2013, 05:28:55 PM
 #6539

I hate this thread.  Cheesy

Every time I see it I'm reminded of the time I bought $1k worth of silver back in September of 2011 at a price of $42 an ounce. Yes, just weeks before it crashed to $26. Unfortunately, I didn't learn about bitcoin until February of this year, but (fortunately) started buying at $29.



your problem is that you've not yet learned how to think like Chaang Noi.

the further the price drops, the richer you become.
thezerg
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November 18, 2013, 05:45:14 PM
 #6540

nothing to say.... just... nothing.

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 670.00 (796.96 btcChina in USD).  Gold is 1269.00.  Nasdaq is 3983.00
Bitcoin: 12307.41% (14658.49%)
Gold:    -24.91%
Nasdaq:  30.38%
Gold Diff:  16424% advantage Bitcoin
Nasdaq Diff:  9417% advantage Bitcoin
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