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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1953719 times)
TeeBone
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May 01, 2014, 02:48:53 AM
 #7981

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.




We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley
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sidhujag
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May 01, 2014, 02:53:14 AM
 #7982

Most importantly, Summers understands gold. He made a major contribution to Gibson's Paradox as it applies to free markets: "Gold prices should move inversely to real interest rates."  Not on Summers watch. 

He has been accused by gold bugs of engineering gov't interference in the gold markets by pushing the price down despite the ongoing drop in interest rates also engineered by gov't so as not to alarm the population. they have been marginally successful in doing so.

along comes Bitcoin. a new problem that they potentially can't control and Summers sees it.

http://www.coindesk.com/former-obama-advisor-larry-summers-critics-dont-write-bitcoin/

Average mom n pops were buying gold it was just too profitable to short without a leash for these dirty dogs. That and the fact that jpm has had an unlimited margin account funded by the fed means they can short thru any wall any time.. as evidence of the breach of $1520 which was a multibillion wall $. It was done in 15 min. Asia did the rest on fear.

I hear jpm is pulling out so thats bullish gold.. but I prefer my money in bitcoin just because banks are not a part of it and then they cant willfully short btc on margin because theres only a certain number of them and they have to own btc to short.. Im wondering once margin accounts are available howthis will affect longterm outlook of the price. I know margin is available but at a bankers scale is what I mean.

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sidhujag
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May 01, 2014, 02:55:14 AM
 #7983

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.





Ever? You would have to be dumb to offer that trade... I will take that if you say ever lol thats a trade with infinite expectancy lol
We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

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cypherdoc
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May 01, 2014, 02:55:32 AM
 #7984

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.




We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

How about a 2 year time-frame?
sidhujag
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May 01, 2014, 02:58:27 AM
 #7985

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.



We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

Ever? You would have to be dumb to offer that trade... I will take that if you say ever lol thats a trade with infinite expectancy lol

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cypherdoc
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May 01, 2014, 03:06:24 AM
 #7986

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.



We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

Ever? You would have to be dumb to offer that trade... I will take that if you say ever lol thats a trade with infinite expectancy lol

yeah, d*mn, i should've just said yes.  but i didn't think he could be that stupid.

are you?
TeeBone
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May 01, 2014, 03:14:09 AM
 #7987

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.




We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

How about a 2 year time-frame?

Oh c'mon, make it a little interesting. It's only .25 btc, 2 yrs is a drag.

6 months ?

sidhujag
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May 01, 2014, 03:14:41 AM
 #7988

Stupid is as a stupid does.

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sidhujag
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May 01, 2014, 03:16:12 AM
 #7989

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.




We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

How about a 2 year time-frame?

Oh c'mon, make it a little interesting. It's only .25 btc, 2 yrs is a drag.

6 months ?


I will do 2 yrs aswell if you are offering that.

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cypherdoc
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May 01, 2014, 03:32:03 AM
 #7990

i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!

Good luck with that.

I give it 85% we never see sub 1180 again. Gigantic double bottom in december sealed it for me.

2014=year of recovery and consolidation. All the weak hands are out.




We're comin to get ya Teebone.

For shits and giggles, .25 btc bet gold doesnt break 1100 ?

Wasnt too long ago you were sayin' gold to 500  Smiley

How about a 2 year time-frame?

Oh c'mon, make it a little interesting. It's only .25 btc, 2 yrs is a drag.

6 months ?



considering you started off as "ever" two years is a bargain.
cypherdoc
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May 01, 2014, 04:42:37 AM
 #7991

C'mon  Teebone. I'll bet you 0.25BTC that gold will hit 1100 sometime within the next 2 years.
TeeBone
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May 01, 2014, 05:00:05 AM
 #7992

2 years, seriously ? that takes the fun out of it. You'd wait that long for so little ?

This is a friendly/ego bet. We can lower it to .15 btc so nobody gets hurt lol

P.S. considering you are calling for 500 gold, this is a bargain  Wink
sidhujag
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May 01, 2014, 05:19:23 AM
 #7993

2 years, seriously ? that takes the fun out of it. You'd wait that long for so little ?

This is a friendly/ego bet. We can lower it to .15 btc so nobody gets hurt lol

P.S. considering you are calling for 500 gold, this is a bargain  Wink

It won't be so little when less than 1% of the population can ever have a full btc one day Smiley

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cypherdoc
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May 01, 2014, 09:22:59 AM
 #7994

2 years, seriously ? that takes the fun out of it. You'd wait that long for so little ?

This is a friendly/ego bet. We can lower it to .15 btc so nobody gets hurt lol

P.S. considering you are calling for 500 gold, this is a bargain  Wink

No. Leave it at 0.25. You gotta give these things time. Remember I'm just taking your bet and putting a time limit on it to help you.

Besides, 2 years > 6 months, = more fun  Cheesy
spazzdla
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May 01, 2014, 02:31:35 PM
 #7995

IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.
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May 01, 2014, 02:34:00 PM
 #7996

c'mon Teebone!

i'm waitin' on ya!

edit:  how about 1.5 yrs?
vipgelsi
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May 01, 2014, 02:36:10 PM
 #7997

IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.

I would put more into pm


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adamstgBit
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May 01, 2014, 02:37:47 PM
 #7998

IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.

I would put more into pm

na should be more like 1% PM is not an investment... PM is merely a store of value, hardly ever even beats inflation.

cypherdoc
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May 01, 2014, 02:56:20 PM
 #7999

oh my, you boys are in trouble.  remember, silver always leads:

igorr
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May 01, 2014, 03:11:27 PM
 #8000

very good sign IMO.

Edit : this thread is an extension of this beast:

Gold: I Smell a Trap


it does not look so


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