Bitcoin Forum
November 18, 2017, 07:01:07 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [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 ... 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] 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2008799 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 27, 2013, 03:19:27 PM
 #6821

Gold, here we come.
1510988467
Hero Member
*
Offline Offline

Posts: 1510988467

View Profile Personal Message (Offline)

Ignore
1510988467
Reply with quote  #2

1510988467
Report to moderator
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510988467
Hero Member
*
Offline Offline

Posts: 1510988467

View Profile Personal Message (Offline)

Ignore
1510988467
Reply with quote  #2

1510988467
Report to moderator
1510988467
Hero Member
*
Offline Offline

Posts: 1510988467

View Profile Personal Message (Offline)

Ignore
1510988467
Reply with quote  #2

1510988467
Report to moderator
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
November 27, 2013, 04:11:33 PM
 #6822

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 1030.00 (5792.00 btcChina in USD).  Gold is 1269.00.  Nasdaq is 3983.00
Bitcoin: 18974.07% (107159.26%)
Gold:    -24.91%
Nasdaq:  30.38%
Gold Diff:  25302% advantage Bitcoin
Nasdaq Diff:  14530% advantage Bitcoin
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 27, 2013, 04:27:59 PM
 #6823

Since we have quite a few ex-PM bugs here, can you guys please make an estimation of the percentage of gold/silver used as currency to those used for other purposes?

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

Activity: 1624


View Profile
November 27, 2013, 04:31:37 PM
 #6824

Since we have quite a few ex-PM bugs here, can you guys please make an estimation of the percentage of gold/silver used as currency to those used for other purposes?

Store of value of gold must be >99% I would say. Silver is different.

dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 27, 2013, 04:57:13 PM
 #6825

Gold Parity day is near, guess the date while you still can!
https://bitcointalk.org/index.php?topic=336761.0

Smiley

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 27, 2013, 05:09:18 PM
 #6826


Cheesy

too bad for rule §2... You can not guess "today" or "tomorrow"  Cheesy
But i must admit, it is very possible!

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 27, 2013, 06:12:43 PM
 #6827

pure and utter misery:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
November 27, 2013, 08:15:49 PM
 #6828

Gold collapsing.  Bitcoin UP.
jojo69
Hero Member
*****
Offline Offline

Activity: 854


no FOMO


View Profile
November 27, 2013, 08:18:55 PM
 #6829

brutal

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 27, 2013, 08:22:43 PM
 #6830

brutal

me or the reality of the situation?
jojo69
Hero Member
*****
Offline Offline

Activity: 854


no FOMO


View Profile
November 27, 2013, 08:30:22 PM
 #6831

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

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 27, 2013, 08:33:51 PM
 #6832

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

you're welcome.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2408



View Profile
November 27, 2013, 08:33:55 PM
 #6833

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

It's tempting to make a connection between bitcoin boom and metal bust, but the market sizes are too different. The $ flowing into XBT is negligible compared to the $ exiting the metals, right? I think it's plain old "manipulation" of gold & silver?

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

Activity: 1288

Enabling the maximal migration


View Profile
November 27, 2013, 08:39:25 PM
 #6834

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

It's tempting to make a connection between bitcoin boom and metal bust, but the market sizes are too different. The $ flowing into XBT is negligible compared to the $ exiting the metals, right? I think it's plain old "manipulation" of gold & silver?


I dont know - somehow 6 billion moving into an asset over the course of a few months makes it hard for me to call that asset negligible in comparison to anything

Bro, do you even blockchain?
-E Voorhees
vokain
Legendary
*
Offline Offline

Activity: 1736


View Profile
November 27, 2013, 08:42:33 PM
 #6835

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

It's tempting to make a connection between bitcoin boom and metal bust, but the market sizes are too different. The $ flowing into XBT is negligible compared to the $ exiting the metals, right? I think it's plain old "manipulation" of gold & silver?


maybe not too much now but there will be a time where capital flight to crypto is a lot more substantial

         ▄█▄  ▄▄▄▄
          ▀ ▄██████▄
    ▄▄▄   ▄███▀▀███
  ▄█████▄ ▀█▀ ███▄ ▀▀
 ███▀  ▀██▄    ████▄   
 █▀ ▄██▄ ▀█▀ ▄██▀ ▀█▀ ▄██
  ▄██▀     ▄██▀     ▄██▀
 ██▀ ▄█▄ ▄██▀ ▄█▄  ██▀ ▄▄
      ▀███▀    ▀██▄  ▄██▀
     ▄▄ ▀██▄ ▄█▄ ▀█████▀
     ███▄▄██▀   ▀▀
      ▀██████▀
        ▀▀▀▀   ██▀

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █


▄███▄    ▄███▄
███  ██▄ █▀▀▄
████████  ███▀
██▀ ▄███       
████████▄▄  ▄█▀
 ██████▀▀██▀▀
  ▀███▀▄▄   ▄
   ▀██▄██ ▄█▀
     ▀▀██▀▀
FULLY
ANONYMOUS

━━━━━
/

    ██▄▄              ▄▄██
   █▀  ▀█▄ ▄▄▄▄████▄██▀  ▀█
  █▀   ▄███▀▀▀       █▄   ▀█
 █▀   ▄███▄ ▄▄█▄▄     █▄   ▀█
██▄  ▄████████████▄▄  █▄  ▄██
  ▀▀██▀███████████████▄███▀▀
      ▀█▄█▀███████████▀▀
        ▀███▀███████▀
           ▀▀▀▀██▀▀
INSTANT
TRANSFER

━━━━
/

     ▄████▄
 ▄▄▄████████▄▄▄
▄██████████████▄
▀██▀ ▀█  ▀█ ███▀
 ██ ▀ █ ▀▄█ ███
▄██▄█▄█▄███▄███▄
▀██████████████▀
 ▀▀▀████████▀▀▀
     ▀████▀
API FOR YOUR
PROJECTS

━━━━

  █
  █
  █
████
  █
████
  █
████
  █
  █
  █
PARTNER PROGRAM
TOR MIRROR
MIX WALLET
.FAQ
ANN THREAD
TELEGRAM
tvbcof
Legendary
*
Offline Offline

Activity: 2324


View Profile
November 27, 2013, 08:45:44 PM
 #6836

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

It's tempting to make a connection between bitcoin boom and metal bust, but the market sizes are too different. The $ flowing into XBT is negligible compared to the $ exiting the metals, right? I think it's plain old "manipulation" of gold & silver?


I used to take this contention (PM's massively dwarf crypto-currencies in terms of value flow) on faith, but lately I'm of the mind that it should be analyzed a little more carefully.  Of course I've been to lazy to run the actual numbers...if I can even avoid the garbage-in/gabage-out problem anyway.  And even if it is not currently the case that CC's are having a significant effect, it looks more and more like it could be going forward.

This would actually be a very welcome development for me since I'm planning a re-balance.  That is to say, I might benefit doubly if/when I make an adjustment from CC's to PM's.


Spaceman_Spiff
Legendary
*
Offline Offline

Activity: 1638


₪``Campaign Manager´´₪


View Profile
November 27, 2013, 08:52:14 PM
 #6837

both, lol, just looking at the silver chart here, if you had asked me a year ago if we would have ever seen 19 again I would have laughed in your face...now I'm holding out for 17

It's tempting to make a connection between bitcoin boom and metal bust, but the market sizes are too different. The $ flowing into XBT is negligible compared to the $ exiting the metals, right? I think it's plain old "manipulation" of gold & silver?


I used to take this contention (PM's massively dwarf crypto-currencies in terms of value flow) on faith, but lately I'm of the mind that it should be analyzed a little more carefully.  Of course I've been to lazy to run the actual numbers...if I can even avoid the garbage-in/gabage-out problem anyway.  And even if it is not currently the case that CC's are having a significant effect, it looks more and more like it could be going forward.

This would actually be a very welcome development for me since I'm planning a re-balance.  That is to say, I might benefit doubly if/when I make an adjustment from CC's to PM's.

I think it might be more psychological than purely money moving from one asset to the other.
Gold's monetary value was (by the sound money people) perceived as "a sure thing".  A number of them are now starting to doubt.  That may decrease their willingness to put extra fiat into it.
User705
Hero Member
*****
Offline Offline

Activity: 742



View Profile
November 27, 2013, 09:36:53 PM
 #6838

Not so much doubting gold as a "sure thing" but I think it's the realization that the PM market was and is still heavily manipulated by fiat.  Bitcoin has a much faster correction mechanism in place currently.  It'll be interesting to see how that evolves in the future.
jojo69
Hero Member
*****
Offline Offline

Activity: 854


no FOMO


View Profile
November 27, 2013, 09:43:50 PM
 #6839

I am of the opinion that the barbarous relics have a very important role to play going forward.  Once Bitcoin destroys the fiat ponzi we can have true price discovery for PMs.

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.
jojo69
Hero Member
*****
Offline Offline

Activity: 854


no FOMO


View Profile
November 27, 2013, 09:58:53 PM
 #6840

hey goat, you made it

the wall thread was speculating that you might have suffered a fatal orgasm with this morning's LTC spike

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.
Pages: « 1 ... 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] 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 ... 1558 »
  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!