Bitcoin Forum
December 04, 2016, 12:23:13 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   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 ... 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] 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804140 times)
bitcoinpsftp
Member
**
Offline Offline

Activity: 84


View Profile
November 21, 2013, 08:39:06 PM
 #6741

Wow... to think a bitcoin could be worth so much in so little time.  Imagine the day that everyone finds out about bitcoins...  This forum might actually hold the future richest man in the world (some guy who mined 40k bitcoins back in the day and forgot about them).

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480854193
Hero Member
*
Offline Offline

Posts: 1480854193

View Profile Personal Message (Offline)

Ignore
1480854193
Reply with quote  #2

1480854193
Report to moderator
Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
November 21, 2013, 08:47:59 PM
 #6742

I like it that some of the old timers are still regularly posting on this thread ... if anywhere from grows a bitcoin island it will be this thread  Cheesy

Password: carrots

Shit, we might be able to afford one already Tongue.

im pretty damn sure if we went with 10 people and all got an island to share, we could get one hell of a nice island.


Not an island, but these guys accept BTC for land, apparently:

http://www.coindesk.com/bitcoin-chilean-libertarian-paradise/


i looked into that, dont think its going to take off, so i did not follow it.


Yeah, Edan Yago's thing (https://bitcointalk.org/index.php?topic=208333.0) sounded like a more pure experiment, but there hasn't been any activity in that thread in quite a while.

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
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
November 22, 2013, 02:17:44 AM
 #6743

Plus or minus.
I love it's Proudhon posting this. He has been assimilated!
Believe it or not, long before Proudhon became everyone's favorite bear, he was a supermegaturbobull.  But then 32->2 hit him pretty hard and his horns turned to claws.

Funny, that was when I was most enthralled and thinking - "Feed me moar!"

WB Proudhon Smiley
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 22, 2013, 02:33:40 AM
 #6744

Nice contrast:



Well, at least copper's up  Wink

Well, at least we know silver would not fall to 3, or 4-5 for that matter.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 22, 2013, 02:36:32 AM
 #6745

good grief

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.
manfred
Hero Member
*****
Offline Offline

Activity: 924


Energy is Wealth


View Profile
November 22, 2013, 11:08:10 AM
 #6746

Nice contrast:



Well, at least copper's up  Wink

Impressive, but wait it gets better.



On two china 2 exchanges the litecoin volume is twice of goxes bitcoin volume. The high has been 78 yuan (~USD 13) currently it is over 10USD in china and 8.7 on btc-e
Only Goxes inability to function as a money exchange slowing the expansion in other parts outside of china and india.
What options have you got to trade on gox? Bitcoin with bitcoin and bitcoin with dirt (fiat).
Lots of people would give the left nut to be able to buy some litecoins on gox as long as they are so cheap.

https://www.okcoin.com/
https://www.fxbtc.com/s/ltc_cny

Indian exchange dealing with bitcoin/litecoin (just opened)
https://buysellbitco.in/
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 22, 2013, 03:53:39 PM
 #6747

this was just TOO GOOD!

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 22, 2013, 11:03:20 PM
 #6748

Gold collapsing.  Bitcoin UP.
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
November 23, 2013, 06:27:19 AM
 #6749

Will it ever be possible to buy 2 bitcoins with an ounce of gold again?

molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
November 23, 2013, 06:57:32 AM
 #6750

Will it ever be possible to buy 2 bitcoins with an ounce of gold again?



For the love of the flying spaghetti monster... this is madness!

People have been laughing at me since 2011 when I answered "at 1 oz gold / BTC, but only some" when being asked when I would sell.

People have stopped laughing and I'm reconsidering wether it'd really be the right thing to do Wink.


PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
November 23, 2013, 07:11:42 AM
 #6751

Btc is gonna pass gold parity and no-one will hardly notice it will be gone that fast.

There is nothing so powerful as an idea who's time has arrived.

jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 23, 2013, 07:13:07 AM
 #6752

sweet baby zombie jeebus

my pretty pretty precious...oh how I loved you

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
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 23, 2013, 08:39:01 AM
 #6753

Btc is gonna pass gold parity and no-one will hardly notice it will be gone that fast.

There is nothing so powerful as an idea who's time has arrived.

That thunderclap is gonna rock the world.

And then gold will be forgotten, just like silver.
rpietila
Donator
Legendary
*
Offline Offline

Activity: 1386


Crypto Kingdom (Creator)


View Profile
November 23, 2013, 09:03:31 AM
 #6754

Btc is gonna pass gold parity and no-one will hardly notice it will be gone that fast.

There is nothing so powerful as an idea who's time has arrived.

That thunderclap is gonna rock the world.

And then gold will be forgotten, just like silver.

The once allmighty gold is fast approaching 1% of my portfolio. From the above.




Morbid
Legendary
*
Offline Offline

Activity: 1022



View Profile
November 23, 2013, 09:47:59 AM
 #6755

why you refer to price of gold as in oz? it might as well be in grams, kilos, tons. the price per weight value is irrelevant here. gold will always have value no matter how much 1btc is in relation to 1 oz.

"between 'lives' we all have a great laugh about the parts we have performed in the 'play', and look forward to and have great fun preparing the next chapters to act out."
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
November 23, 2013, 10:09:54 AM
 #6756

why you refer to price of gold as in oz? it might as well be in grams, kilos, tons. the price per weight value is irrelevant here. gold will always have value no matter how much 1btc is in relation to 1 oz.

Good point ... I guess the only question left then is when do we switch the numeraire from tOZ/BTC to BTC/tOZ then right? ... that is when the psychological shift to unit of account occurs and btc becomes 'money'.

oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 23, 2013, 10:15:51 AM
 #6757

why you refer to price of gold as in oz? it might as well be in grams, kilos, tons. the price per weight value is irrelevant here. gold will always have value no matter how much 1btc is in relation to 1 oz.

Because that's the unit they use in the gold market.

Yes, gold will always have value, as copper, nickel, and many other metals, but we are talking about speculative value here.


https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 23, 2013, 10:32:22 AM
 #6758

It just occurs to me that divisibility is one of Bitcoin's great features as a investment, you can't normally buy fractional share on the stock market, or a fraction of an ounce of gold/silver, so when a bubble is forming small time investors have to avoid buying as they risk losing dearly in a market crash, but even when BTC price reaches $10000/BTC you can still buy 0.001 BTC and take advantage of the potential rally continuation, as the most you can lose is only $10, this would potentially make Bitcoin the first product to be investable, and investable rationally by everyone, even really deprived people.

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

Activity: 2086



View Profile
November 23, 2013, 11:15:06 AM
 #6759

It just occurs to me that divisibility is one of Bitcoin's great features as a investment, you can't normally buy fractional share on the stock market, or a fraction of an ounce of gold/silver, so when a bubble is forming small time investors have to avoid buying as they risk losing dearly in a market crash, but even when BTC price reaches $10000/BTC you can still buy 0.001 BTC and take advantage of the potential rally continuation, as the most you can lose is only $10, this would potentially make Bitcoin the first product to be investable, and investable rationally by everyone, even really deprived people.

... what you mean like real money?! ... like that normal people can actually work and save in without being ripped off and corralled into "pension schemes", high-yield debt-instruments, shock markets and etc before being eaten alive by Wall St. sharks?

God, what a concept.

oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 23, 2013, 11:33:07 AM
 #6760

It just occurs to me that divisibility is one of Bitcoin's great features as a investment, you can't normally buy fractional share on the stock market, or a fraction of an ounce of gold/silver, so when a bubble is forming small time investors have to avoid buying as they risk losing dearly in a market crash, but even when BTC price reaches $10000/BTC you can still buy 0.001 BTC and take advantage of the potential rally continuation, as the most you can lose is only $10, this would potentially make Bitcoin the first product to be investable, and investable rationally by everyone, even really deprived people.

... what you mean like real money?! ... like that normal people can actually work and save in without being ripped off and corralled into "pension schemes", high-yield debt-instruments, shock markets and etc before being eaten alive by Wall St. sharks?

God, what a concept.
 

PMs are real money, but they are like that nation under God, indivisible.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Pages: « 1 ... 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] 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 ... 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!