Bitcoin Forum
December 04, 2016, 02:29:44 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 ... 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] 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804203 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 16, 2014, 06:54:35 PM
 #9541



It felt like insanity at the time. Not helped by the failure to deploy 700 bitcoinicabux before they got zhoutonged Wink



you had to use my meme, Zhoutonged. Roll Eyes

Look, everyone around knows I'm annoyed at those guys for not giving me credit for coming up with that name. It's not like I want them to pay me or even constantly remind people that it was me who coined the term. All I'd like is a little recognition so people can give credit where credit is due.

What really irks me is that they claim the invented it initially. Only when called out did they admit, on LTB, that maybe it wasn't them who did. I could give 2 shits if they run with the name and make bank off it; that would just validate how creative the name is/was. But don't sit there and claim you were the ones with the creativity. Plus, it's all documented in the original thread.

I just don't get that kind of dishonesty. I know this is petty. Rant off:

https://bitcointalk.org/index.php?topic=49445.0
1480861784
Hero Member
*
Offline Offline

Posts: 1480861784

View Profile Personal Message (Offline)

Ignore
1480861784
Reply with quote  #2

1480861784
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480861784
Hero Member
*
Offline Offline

Posts: 1480861784

View Profile Personal Message (Offline)

Ignore
1480861784
Reply with quote  #2

1480861784
Report to moderator
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 16, 2014, 07:48:28 PM
 #9542

This is one of the catalysts I am looking for to spark a Bitcoin rally like no other:

The next time the world has a financial crisis, Bitcoin will soar to the heavens as central banks around the world print to oblivion.

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

            ,╓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.
 
giveBTCpls
Sr. Member
****
Offline Offline

Activity: 322


View Profile
July 16, 2014, 10:08:18 PM
 #9543

I sold some gold the other day, just little chain my mom had. I had to just to pay the bills. They gave me like 280€. Pretty fucking depressing that you are forced to sell things with sentiental value just to not be kicked out.

smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 16, 2014, 10:43:44 PM
 #9544

This is also precisely why you can never blame hodlers or deflation for not being able to buy bitcoin.
there's always someone willing to sell as we're witnessing.  

One interesting point is that we know from Barry Silbert that there's ALOT of buying going on at second market offline because buyers don't want top move the market up while accumulating. That can only go on so long. Eventually they will have to enter the real market and pay up.

Once we start ramping, they will have to chase. That's always fun to watch.

When buying or selling crypto in general it is always a smart move when accumulating or trying to ease your way out not to move the price in doing so.

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

            ,╓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.
 
okthen
Hero Member
*****
Offline Offline

Activity: 490


View Profile
July 17, 2014, 12:07:34 AM
 #9545

I sold some gold the other day, just little chain my mom had. I had to just to pay the bills. They gave me like 280€. Pretty fucking depressing that you are forced to sell things with sentiental value just to not be kicked out.

Sorry for that mate Sad
Wonder if private addresses will start being engraved in jewelry so that we get more attached to them...
tabnloz
Hero Member
*****
Offline Offline

Activity: 793


View Profile
July 17, 2014, 12:57:12 AM
 #9546

This is one of the catalysts I am looking for to spark a Bitcoin rally like no other:

The next time the world has a financial crisis, Bitcoin will soar to the heavens as central banks around the world print to oblivion.

Central banks are all tapped out, they cant do any more printing on that kind of scale. The only 'bank' with a clean balance sheet is the IMF. Next time reality bends the financial class over and kicks it in the nuts, the IMF is the only institution that can step in by printing SDR's.

When this happens you're going to see a revaluation of gold, as gold will be included in the new basket of currencies

And to be in an asset that sits outside the regular financial system at that time, decentralised and immune (to an extent), is the place to be and why everyone is so confident in btc.

In that case I'd say it will be Gold UP, Bitcoin WAY UP.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 01:03:07 AM
 #9547

Well, there you have it:

This morning GHash.IO, a popular bitcoin mining pool, announced in a statement that in the future it will “not exceed more than 39.99% of the overall Bitcoin hashrate.”

http://techcrunch.com/2014/07/16/popular-bitcoin-mining-pool-promises-to-restrict-its-compute-power-to-prevent-feared-51-fiasco/

And its a well defined 40% warning well before 51%.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 01:58:42 AM
 #9548

I predict this will push PayPal to accept Bitcoin as a matter of survival; or they just go out of business:

http://m.fastcompany.com/3033119/fast-feed/visa-launches-a-paypal-competitor?partner=rss&utm_content=buffer4a8a4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Torque
Legendary
*
Offline Offline

Activity: 910



View Profile
July 17, 2014, 02:06:41 AM
 #9549


Yeah, it can definitely cause them grief for online retailers who integrate this; the Visa integration is supposedly seamless and you don't have to leave the merchant's website to make payment.  That's huge from a convenience standpoint.

I guess eBay.com will always have total control over the PayPal payment integration and give it priority...
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 02:53:18 AM
 #9550

This is one of the catalysts I am looking for to spark a Bitcoin rally like no other:

The next time the world has a financial crisis, Bitcoin will soar to the heavens as central banks around the world print to oblivion.

Central banks are all tapped out, they cant do any more printing on that kind of scale. The only 'bank' with a clean balance sheet is the IMF. Next time reality bends the financial class over and kicks it in the nuts, the IMF is the only institution that can step in by printing SDR's.

When this happens you're going to see a revaluation of gold, as gold will be included in the new basket of currencies

And to be in an asset that sits outside the regular financial system at that time, decentralised and immune (to an extent), is the place to be and why everyone is so confident in btc.

In that case I'd say it will be Gold UP, Bitcoin WAY UP.

I doubt they'll get an sdr going. Especially given yesterday's announcement:

http://abcnews.go.com/Business/wireStory/emerging-nations-plan-world-bank-imf-24555957

China has been rebuffed for years from imf inclusion.
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
July 17, 2014, 03:06:59 AM
 #9551

This is one of the catalysts I am looking for to spark a Bitcoin rally like no other:

The next time the world has a financial crisis, Bitcoin will soar to the heavens as central banks around the world print to oblivion.

Central banks are all tapped out, they cant do any more printing on that kind of scale. The only 'bank' with a clean balance sheet is the IMF. Next time reality bends the financial class over and kicks it in the nuts, the IMF is the only institution that can step in by printing SDR's.

When this happens you're going to see a revaluation of gold, as gold will be included in the new basket of currencies

And to be in an asset that sits outside the regular financial system at that time, decentralised and immune (to an extent), is the place to be and why everyone is so confident in btc.

In that case I'd say it will be Gold UP, Bitcoin WAY UP.

I doubt they'll get an sdr going. Especially given yesterday's announcement:

http://abcnews.go.com/Business/wireStory/emerging-nations-plan-world-bank-imf-24555957

China has been rebuffed for years from imf inclusion.

Exactly, the BRICS each just threw in $20 billion in spare cash to start their own international bank.  Next time the US or Europe fucks up we will be begging them for loans.  Soon enough, they will own all our debt and will start to be the ones to make the rules.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
FNG
Hero Member
*****
Offline Offline

Activity: 588


View Profile
July 17, 2014, 03:29:27 AM
 #9552

U.S Gov needs to stop shooting themselves in the feet

http://www.zerohedge.com/news/2014-07-16/putin-responds-us-sanctions-will-boomerang-and-cause-very-serious-damage
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 03:34:14 AM
 #9553

Conflict will cause a search for alternatives:

http://t.co/amSLWqXNCE
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 04:05:56 AM
 #9554

My opinions are spreading like wildfire:

Technology has advanced to the point where we can use things like bitcoin instead of heavy, easy-to-steal physical commodities like gold.

http://www.bloombergview.com/articles/2014-07-16/gold-dreamers-face-harsh-reality
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 04:29:54 AM
 #9555

Pretty awesome:

http://www.prnewswire.com/news-releases/ringplus-the-first-us-telecom-to-accept-bitcoin-litecoin-and-dogecoin-for-cell-phone-services-267351241.html
vuduchyld
Sr. Member
****
Offline Offline

Activity: 364


View Profile
July 17, 2014, 04:35:54 AM
 #9556


This thread is what is awesome.  Just started catching up on it today.  Thank you, cypherdoc!
jeffthebaker
Hero Member
*****
Offline Offline

Activity: 756


View Profile
July 17, 2014, 04:38:00 AM
 #9557

2 years in and OP is still active. 10/10 great inspirational story for generations to come.


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



            ▄▄█▀▀▀▀▀▀▀▀▀▜▊▄▄
        ▄▄█▀                ▀▀▄▄
      ▄█▀                       ▀▄
    ▄█▀                     ▄▄▀▀▀█
  ▄█▀                   ▄▄▀▀    ▄▀
 ▄█▀                ▄▄████▄    ▄▀
▄█▌              ▄▄████████▄  ▄▀
██            ▄▄███████████▀
█▌          ▄████████████
█▌          ████████████┘
█▌      ▄█▀ ▀█████████▀
▀█    ▄█▀     ▀█████▀
 ▀█ ▄█▀
  ▀█▀
  ▀█▄
 ▄▀  ▀█▄
       ▀█▄



████
 ████
  ████
   ████
    ████
     ████
      ████
       ████
        ████
       ████
      ████
     ████
    ████
   ████
  ████
 ████
████
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 17, 2014, 04:44:56 AM
 #9558

2 years in and OP is still active. 10/10 great inspirational story for generations to come.

actually, just to be accurate, this thread is an extension of this one from August 2011 Wink:

Gold: I Smell a Trap

most of the heavy academic debate occurred there between miscreanity and myself. What ever happened to that boy anyway?  Grin
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 17, 2014, 04:52:48 AM
 #9559

This is one of the catalysts I am looking for to spark a Bitcoin rally like no other:

The next time the world has a financial crisis, Bitcoin will soar to the heavens as central banks around the world print to oblivion.

Central banks are all tapped out, they cant do any more printing on that kind of scale. The only 'bank' with a clean balance sheet is the IMF. Next time reality bends the financial class over and kicks it in the nuts, the IMF is the only institution that can step in by printing SDR's.

When this happens you're going to see a revaluation of gold, as gold will be included in the new basket of currencies

And to be in an asset that sits outside the regular financial system at that time, decentralised and immune (to an extent), is the place to be and why everyone is so confident in btc.

In that case I'd say it will be Gold UP, Bitcoin WAY UP.

I agree with some what you posted.

I still believe the central banks will inflate to oblivion whether it be on paper or digitally. Revaluation can happen also after a hyperinflation weimar-style as well.

SDR's are no different than any other fiat so it really doesn't matter if it is them or the fed.

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

            ,╓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.
 
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 17, 2014, 06:15:15 AM
 #9560

https://twitter.com/EdmundCMoy/status/489185805382868992

"Edmund Moy, 38th Director of the US Mint, just tweeted his first purchase of bitcoin"

Epic. It is catching on like...wild fire coming soon.

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

            ,╓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.
 
Pages: « 1 ... 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] 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 ... 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!