Bitcoin Forum
July 24, 2017, 07:00:39 AM *
News: Due to BIP91, it would starting now be prudent to require 5 times more confirmations than usual before trusting transactions.
 
   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 ... 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] 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1935940 times)
chriswilmer
Legendary
*
Offline Offline

Activity: 1008


View Profile WWW
November 29, 2013, 05:49:30 AM
 #6881

Congrats Bitcoin!!!
1500879639
Hero Member
*
Offline Offline

Posts: 1500879639

View Profile Personal Message (Offline)

Ignore
1500879639
Reply with quote  #2

1500879639
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1500879639
Hero Member
*
Offline Offline

Posts: 1500879639

View Profile Personal Message (Offline)

Ignore
1500879639
Reply with quote  #2

1500879639
Report to moderator
User705
Hero Member
*****
Offline Offline

Activity: 714



View Profile
November 29, 2013, 06:00:24 AM
 #6882

Next up. Total net value Bitcoin vs. total net value gold.
Now that would be interesting.  Either way BTC=1OZ parity is great.  A bit fast but maybe time to roll over some more OZ to BTC.
jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 29, 2013, 06:13:29 AM
 #6883

wow, I was here

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.
tvbcof
Legendary
*
Offline Offline

Activity: 2212


View Profile
November 29, 2013, 06:39:22 AM
 #6884

Next up. Total net value Bitcoin vs. total net value gold.
Now that would be interesting.  Either way BTC=1OZ parity is great.  A bit fast but maybe time to roll over some more OZ to BTC.

If you are serious, talking values in the $100k->$200k range, and willing to do a careful transaction which make a rip-off very unlikely, feel free to ping me.  Unless things change I'll probably wish to do such a deal early next year.  If the BTC values continue to rise, I may end up wanting to do a bigger deal (and the converse holds to a point as well.)

I'm guessing that whoever just sold around $3M on Mt. Gox probably was tripped by the parity event.  Looks like a pretty healthy back-fill after the crater though.  Hopefully we've got  a long way yet to ride.  We'll see.


miscreanity
Legendary
*
Offline Offline

Activity: 1246


View Profile
November 29, 2013, 06:43:36 AM
 #6885

Neat.



Now two orders of magnitude greater please, thanks.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 29, 2013, 06:58:32 AM
 #6886

Gold bugs fighting!  Shocked Cheesy

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

Activity: 1358



View Profile
November 29, 2013, 07:04:44 AM
 #6887

wow, I was here

Lol, it's like a virtual sunrise over an ocean view on the firs dawn of the new year.
I was here too, wooooot.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
smoothie
Legendary
*
Offline Offline

Activity: 2044


LEALANA Monero Physical Silver Coins


View Profile
November 29, 2013, 07:10:59 AM
 #6888

the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

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

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 29, 2013, 07:14:31 AM
 #6889

the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

What's relevant to me is that there are indeed people fighting that price point on Gox right now.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Mike Christ
aka snapsunny
Legendary
*
Offline Offline

Activity: 1064



View Profile
November 29, 2013, 07:15:31 AM
 #6890

This has been an interesting year.

Adrian-x
Legendary
*
Offline Offline

Activity: 1358



View Profile
November 29, 2013, 07:24:00 AM
 #6891

the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

What's relevant to me is that there are indeed people fighting that price point on Gox right now.
It is part of the plan, when the news breaks tomorrow there will be questions, and after the education a few will want to buy in before it goes up too much. This is how Bitcoin spreads, China on the other hand is marching to its own drum, so that incubation stage between question and answer is going to be short. I hope it takes at least 2 weeks for all exchanges to catch up.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Melbustus
Legendary
*
Offline Offline

Activity: 1596



View Profile
November 29, 2013, 08:07:42 AM
 #6892

the world has changed forever.

goodbye gold.


Cypherdoc - Congratulations. It will soon be lost how outlandish this parity point seemed when this thread was started. It's worth noting that bitcoin was trading at $4, and virtually no one had heard of it. It took a lot of vision to see, and publicly argue, the transition which will soon seem so obvious in retrospect. It's been an incredible year and a half, and this thread (and its predecessor) remain some of the most economically thought-provoking discussions I've ever read.

Now to drive the point home, I think it's just wonderful that parity was hit in the opening hours of Bitcoin Black-Friday. I'm going to be doing most of my holiday shopping today. Online. Using bitcoin. Try that with gold.

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
vokain
Legendary
*
Offline Offline

Activity: 1708


V.V.V.V.V.


View Profile
November 29, 2013, 08:13:42 AM
 #6893

Thank you Doctor Smiley

...مكتوب
Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
jojo69
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 29, 2013, 08:16:59 AM
 #6894

This has been an interesting year.

you, sir, have a certain gift for understatement

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.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 29, 2013, 08:22:58 AM
 #6895

LOL, this post has became some sort of a self-fulfilling prophecy, someone seems to be actually trying to pump gold and dump bitcoin!  About time, I don not want to see gold give up without a fight anyway!

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

Activity: 1036


View Profile
November 29, 2013, 08:59:17 AM
 #6896

Historic moment, historic thread. Congratulations, cypherdoc!
LightRider
Legendary
*
Offline Offline

Activity: 1492


I advocate the Zeitgeist Movement & Venus Project.


View Profile WWW
November 29, 2013, 09:12:15 AM
 #6897

...but it's all a pump and ponzi pyramid dump scheme!...

Bitcoin combines money, the wrongest thing in the world, with software, the easiest thing in the world to get wrong.
Visit www.thevenusproject.com and www.theZeitgeistMovement.com.
smoothie
Legendary
*
Offline Offline

Activity: 2044


LEALANA Monero Physical Silver Coins


View Profile
November 29, 2013, 09:15:42 AM
 #6898

Cypherdoc good call! Cheesy Cheesy Cheesy

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

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
November 29, 2013, 09:19:32 AM
 #6899

This is call of the century.

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

Activity: 2324



View Profile
November 29, 2013, 11:00:26 AM
 #6900

the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

Yes, you are correct about gox. But the media doesn't care, they use gox because it's highest and they want the headlines first.

Of course all this is arbitrary (1 oz vs 1 BTC, 21 million supply vs gold supply). "Market cap" is much more meaningful and for Bitcoin to reach parity with golds value in that category will take a little more time to achieve...

What a great story, though.

Gold collapsing, Bitcoin UP.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Pages: « 1 ... 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] 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 ... 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!