Bitcoin Forum
December 03, 2016, 07:59:17 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 ... 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 [434] 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1803785 times)
tvbcof
Legendary
*
Offline Offline

Activity: 1974


View Profile
June 11, 2014, 07:20:12 PM
 #8661


I just heard that some Gigagold.io I think it was is on the cusp of being big enough to trans-mutate everyone's physical gold hoard locked in their safe deposit box into lead.  Through the magic of quantum electrodynamics one supposes.

I may have some of the details about this wrong...like asset or something.


1480795157
Hero Member
*
Offline Offline

Posts: 1480795157

View Profile Personal Message (Offline)

Ignore
1480795157
Reply with quote  #2

1480795157
Report to moderator
1480795157
Hero Member
*
Offline Offline

Posts: 1480795157

View Profile Personal Message (Offline)

Ignore
1480795157
Reply with quote  #2

1480795157
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480795157
Hero Member
*
Offline Offline

Posts: 1480795157

View Profile Personal Message (Offline)

Ignore
1480795157
Reply with quote  #2

1480795157
Report to moderator
1480795157
Hero Member
*
Offline Offline

Posts: 1480795157

View Profile Personal Message (Offline)

Ignore
1480795157
Reply with quote  #2

1480795157
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 11, 2014, 07:27:44 PM
 #8662

"Well, for all taxi drivers stuck in the middle ages, we have good news: in this day and age, in which every government is seeking to tax, and otherwise extract pounds, and tons if possible, of flesh from anything that generates any cash flows, it is only a matter of time before Uber too succumbs to one then another, then a third corrupt official working for that multi-headed hydra which merely takes and never gives: the local government. "

http://www.zerohedge.com/news/2014-06-11/wasnt-supposed-happen-european-cab-protests-lead-850-increase-new-uber-users

Until, or unless, they accept Bitcoin.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 11, 2014, 07:40:27 PM
 #8663

godd*mn.  one frickin year?:

"In other words, if you have a checking account in Georgia that you haven’t touched in twelve months, the state government is going to grab it."

http://www.zerohedge.com/news/2014-06-11/introducing-latest-tactic-governments-raise-cash

gold can't avoid this type of confiscation either for those with significant stores that need to hold it in institutions.
bitcoinsrus
Sr. Member
****
Offline Offline

Activity: 364



View Profile
June 11, 2014, 08:14:15 PM
 #8664

thanks for all the links cypher, i learned a lot from your articles (uber etc)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 11, 2014, 08:14:52 PM
 #8665

Expedia will soon be selling tickets to the Moon.

"Other Expedia booking services such as cars and airplane flights will be get (-ing) Bitcoin support later, said Michael Gulmann, Expedia's vice president of global product."

http://www.cnet.com/news/expedia-embraces-and-legitimizes-bitcoin/
molecular
Donator
Legendary
*
Online Online

Activity: 2128



View Profile
June 11, 2014, 08:36:00 PM
 #8666

One Hundred Million Giga Hash per Second! Holy mother of god!

In awe we stare at the monster we created.


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

Activity: 1764



View Profile
June 11, 2014, 09:41:28 PM
 #8667

Bitcoin is ideal money for the smartphone.

http://techpinions.com/man-with-a-smartphone/31466

And now, with Mycelium cold storage, there's really no excuse.
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
June 12, 2014, 03:37:01 AM
 #8668

Bitcoin is ideal money for the smartphone.

http://techpinions.com/man-with-a-smartphone/31466

And now, with Mycelium cold storage, there's really no excuse.

http://time.com/2857448/mozilla-25-smartphone-firefox/
tldr: Mozilla planning a loss-leader $25 smartphone for 2nd & 3rd world countries:
Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
June 12, 2014, 04:28:05 AM
 #8669

""Many hard-currency loyalists who sought refuge to the safety of gold out of protest against central banks' erosion of currency value are now fleeing to bitcoin," Ashraf Laidi wrote in a recent client note."

becoming Top-of-Mind.

http://www.cnbc.com/id/101750703


Other key quotes from that article:


Quote from: cnbc link=http://www.cnbc.com/id/101750703
"They're both considered currency alternatives, safe stores of value to protect from wild swings in fiat currencies and money printing from central banks and irresponsible fiscal policy from governments."

Quote from: cnbc link=http://www.cnbc.com/id/101750703
"Are people ditching gold for bitcoin?"

Quote from: cnbc link=http://www.cnbc.com/id/101750703
""Bitcoin's base of support comes from tech-savvy younger people who trust technology over old school constructs like central banks or physical representations of value such as gold,""

Quote from: cnbc link=http://www.cnbc.com/id/101750703
"Still, both are perceived as a store of value—and bitcoin increasingly so, which may explain why some money is coming out of gold and into bitcoin."

...and this is one of the few mainstream positive articles on bitcoin that actually end positively too, instead of with some quip about volatility or drug markets:

Quote from: cnbc link=http://www.cnbc.com/id/101750703
"Since then, it's steadily clawed its way back to $643 in Wednesday trading, as gold lost the momentum."



I used to say 1% of gold's market-cap (which works out to $61B) was 10yrs out. That's looking increasingly conservative.

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
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 12, 2014, 02:43:23 PM
 #8670

So for the last week I've been cursing my telecom provider  under my breath.

About a month ago I got the new Samsung s5. Great phone btw. When I got it of course the salesperson said they could reduce my monthly charge plan by putting in an 8G limit for the family. I'm always a bit suspicious when they offer these as they surreptitiously took away my unlimited data plan over the years with upgrades.  But I consented to the change. I also changed toa  new program which allows me to pay a fixed monthly fee so that when a new model comes out I can upgrade right away without having to wait for a contract period to run out. I'm kind of obsessive with staying up to date with the new phones. Sure enough, over the last week as I approached the end of month billing, I've had to upgrade the plan from the 8 to 10 to 12G to avoid overcharges. Naturally I'm pissed and blaming the carrier.

However, last night I realized something. I've consciously been telling my wife ever since I got the s5 that I'm getting much closer to not having to use my laptop anymore because the smartphones are getting so much better. I'm consciously trying to make a full conversion. Of course, keyboard necessary activities are a problem but thankfully those are pretty rare for me especially with Swype. Armory is also still a problem but that will eventually be solved. Otherwise, fingerprint recognition security, VPN capabilitiy, pgp email, Mycelium cold wallet storage, password manager, Gyft, Skype, various banking apps, Uber, Google authenticator, Spotify, encrypted texting, and Vudu movies all make the phone preferable.

The only temporary obstacle is this telecom enforced pay for bandwidth 4G model as compared to the unlimited data plan that goes with my home/work cable. It's the price I pay though for the increased mobility. the solution of course is meshnet enabled WiFi or this new plan from Google to float massive WiFi routers in the sky via balloons. I can't wait for that to happen to screw over the telecoms for their years of price gouging.

Smartphones are the wave of the future along with digital money like Bitcoin.

http://www.mv-voice.com/news/2014/01/30/google-plan-would-beam-wifi-from-the-sky
Wekkel
Legendary
*
Offline Offline

Activity: 1386



View Profile
June 12, 2014, 03:10:42 PM
 #8671

Not smartphone but 'mobile computing' is the buzz word. We humans love to move around and now with our computer 'tools'. The possibilities are endless.

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
bitcoinsrus
Sr. Member
****
Offline Offline

Activity: 364



View Profile
June 12, 2014, 03:13:41 PM
 #8672

This is all I see everywhere I go (people on their smartphones). Seems like a good fit to add bitcoin to

zeetubes
Sr. Member
****
Offline Offline

Activity: 371


View Profile
June 12, 2014, 03:17:46 PM
 #8673

Forget the phone. That's a seriously nice rack.
TheBullOfWallStreet
Newbie
*
Offline Offline

Activity: 28


View Profile
June 12, 2014, 03:18:51 PM
 #8674

In the end, the correlation between Gold and Bitcoin will be relaitvely high!
zeetubes
Sr. Member
****
Offline Offline

Activity: 371


View Profile
June 12, 2014, 03:24:47 PM
 #8675

Quote from: cnbc link=http://www.cnbc.com/id/101750703
""Bitcoin's base of support comes from tech-savvy younger people who trust technology over old school constructs like central banks or physical representations of value such as gold,""

Right now, the bulk of wealth is old school, older people and they probably favor gold and silver over bitcoins. It may take a generation or so for that to change in bitcoin's favor. I never make any serious predictions but I wouldn't be surprised to see PMs and bitcoins both going up in value in the near term. I was watching the BBC earlier and I couldn't believe that they actually mentioned gold manipulation. Interesting times.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 12, 2014, 03:32:40 PM
 #8676

Quote from: cnbc link=http://www.cnbc.com/id/101750703
""Bitcoin's base of support comes from tech-savvy younger people who trust technology over old school constructs like central banks or physical representations of value such as gold,""

Right now, the bulk of wealth is old school, older people and they probably favor gold and silver over bitcoins. It may take a generation or so for that to change in bitcoin's favor. I never make any serious predictions but I wouldn't be surprised to see PMs and bitcoins both going up in value in the near term. I was watching the BBC earlier and I couldn't believe that they actually mentioned gold manipulation. Interesting times.

The gold correction is happening as we speak.

Sharpening the short stick.  
wachtwoord
Legendary
*
Offline Offline

Activity: 1484



View Profile WWW
June 12, 2014, 03:36:18 PM
 #8677

This is all I see everywhere I go (people on their smartphones). Seems like a good fit to add bitcoin to



Caption: "OMG, Mark just totally goxed me!"

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 12, 2014, 03:39:30 PM
 #8678

This is all I see everywhere I go (people on their smartphones). Seems like a good fit to add bitcoin to



Caption: "OMG, Mark just totally goxed me!"

"Honey, never leave your coins on an exchange."
sidhujag
Legendary
*
Offline Offline

Activity: 1288


View Profile
June 13, 2014, 08:11:37 AM
 #8679

U want gold? U want Bitcoin? How about a goldmine for bit coin?

http://www.reuters.com/article/2014/06/12/us-bitcoin-goldmine-idUSKBN0EN2H520140612

$1m in equities and $5.9m in assets for a price of $2 million in btc... hmm sounds like a good deal to me.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
June 13, 2014, 02:18:14 PM
 #8680

The Feds sale of btc  is  great news for fungibility.
Pages: « 1 ... 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 [434] 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 ... 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!