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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1977042 times)
cypherdoc
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November 20, 2013, 07:27:58 PM
 #6681

and the gold bugs complain about manipulation being detrimental to the price?

http://www.zerohedge.com/news/2013-11-20/gold-market-halted-2nd-time-today-following-fomc-minutes-monkey-hammering
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cypherdoc
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November 20, 2013, 07:37:53 PM
 #6682

DZZ and ZSL launching thru resistance.
cypherdoc
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November 20, 2013, 07:40:56 PM
 #6683

does this look good to you guys?

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November 20, 2013, 07:42:12 PM
 #6684

or this?:

rpietila
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November 20, 2013, 07:47:12 PM
 #6685

It looks sad. I sold all my paper metals today.
cypherdoc
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November 20, 2013, 08:05:18 PM
 #6686

it's happier to look at things that go UP.  here you go:



jojo69
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November 20, 2013, 08:07:32 PM
 #6687

I'm with goat, carefully manicured DCA here, I like to maintain its girlish figure

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
cypherdoc
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November 20, 2013, 08:15:23 PM
 #6688

It looks sad. I sold all my paper metals today.

and look how easy that was.

this is a major arguing point for me regarding the speculative run up in price to 2011.  it's liquidity driven with printed fiat USD's.  no real fundamentals; especially since Bitcoin came along.  in a deflation, price will collapse even more.
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November 20, 2013, 08:35:46 PM
 #6689

It looks sad. I sold all my paper metals today.

and look how easy that was.

this is a major arguing point for me regarding the speculative run up in price to 2011.  it's liquidity driven with printed fiat USD's.  no real fundamentals; especially since Bitcoin came along.  in a deflation, price will collapse even more.

yes but how low will they go?   its looking like 18 wont hold. so next level is 12 to 13. but will that hold?  do we really go down to 9ish? and then to 4 or 5?



i think 9 is max, maybe 12 is max...


will be fun.. i got trucks ready!

you're gonna be rich!
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November 20, 2013, 08:43:03 PM
 #6690

no way it goes under 15

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
rpietila
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November 20, 2013, 08:45:03 PM
 #6691

I am also accumulating physical. Diversification and holistic analysis tells me that silver is still important. Gold - not so much. It has lost its appeal with brainwallets  Grin

Any way to short diamonds, anyone?   Wink
cypherdoc
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November 20, 2013, 08:47:45 PM
 #6692

i like how they're describing this in the news:

"Gold is LIMIT DOWN".

who says the banks don't care about you guys?
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November 20, 2013, 08:59:28 PM
 #6693

I am also accumulating physical. Diversification and holistic analysis tells me that silver is still important. Gold - not so much. It has lost its appeal with brainwallets  Grin

Any way to short diamonds, anyone?   Wink
I offload a few just over a year ago, 12 years in a safe. Fetched less in USD than they cost.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
jojo69
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November 20, 2013, 09:03:03 PM
 #6694

they make awesome grinding media

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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November 20, 2013, 09:05:55 PM
 #6695

It might be insightful to figure out a percentage of people who have had bitcoin scammed/stolen from them.  I imagine it is higher percentage than gold, even when you include people that have lost their wedding ring accidentally, but I don't know.  Just a guess.

We can do a straw poll here since it is a thread probably made of folks with an interest in both or owning both.
Then you might as well include all the scams and theft of US dollars and other currency.  Heck might as well include all credit card fraud.  That's still scammed/stolen isn't it?

That would be getting off the topic here of Gold and Bitcoin, yes?

I've lost BTC but not AU. (But I also do not wear a wedding band).
I suspect that a lot of folks have lost those, or earrings or watches or other gold jewelry.
I also suspect that about the same percentage of folks or more, that have both, have lost bitcoin.
Scams, accidents, theft, etc.
I'm guessing that there are probably more percentage of folks that have suffered bitcoin scams than gold scams though.  (The tungsten issue is what started this line of curiosity)

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 20, 2013, 09:06:48 PM
 #6696

New ad campaign:
Buy Gold and Silver -- because you can't Scrooge McDuck Bitcoin!!!   Grin



http://gizmodo.com/5904097/how-much-money-do-you-need-to-do-scrooge-mcducks-money-swim

RE: diamond are dangerous.  Its just carbon -- soon lab grown stones will be indistinguishable by carefully making them LESS perfect than is achievable.
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November 20, 2013, 09:17:53 PM
 #6697

Boating? WTF!


I have lost 10,000's of BTC  but never any gold/silver.

However I take responsibility for my actions and I'm not crying about it.

Chaang how'd you ever get into Bitcoins?

cypherdoc
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November 20, 2013, 09:21:11 PM
 #6698

It might be insightful to figure out a percentage of people who have had bitcoin scammed/stolen from them.  I imagine it is higher percentage than gold, even when you include people that have lost their wedding ring accidentally, but I don't know.  Just a guess.

We can do a straw poll here since it is a thread probably made of folks with an interest in both or owning both.
Then you might as well include all the scams and theft of US dollars and other currency.  Heck might as well include all credit card fraud.  That's still scammed/stolen isn't it?

That would be getting off the topic here of Gold and Bitcoin, yes?

I've lost BTC but not AU. (But I also do not wear a wedding band).
I suspect that a lot of folks have lost those, or earrings or watches or other gold jewelry.
I also suspect that about the same percentage of folks or more, that have both, have lost bitcoin.
Scams, accidents, theft, etc.
I'm guessing that there are probably more percentage of folks that have suffered bitcoin scams than gold scams though.  (The tungsten issue is what started this line of curiosity)

i've lost 2 gold wedding rings.

the tungsten thing though is real.  i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
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November 20, 2013, 09:22:25 PM
 #6699

i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
To be fair, that is an unfair comparison until Bitcoin gains the same market share as gold had.
cypherdoc
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November 20, 2013, 09:25:24 PM
 #6700

i'd be willing to bet more ppl and more absolute USD value has been lost thru tungsten filled gold schemes.  just a guess though.
To be fair, that is an unfair comparison until Bitcoin gains the same market share as gold had.

To be even fairer, Bitcoin security measures are also immature and improving all the time. 
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