Gold collapsing. Bitcoin UP.

[damnek]

Short CMG here and sweatin'

question is, when did you put it on?

It's a short vol option position. I'll get assigned above 675.

[1714475860]

1714475860

[cypherdoc]

[arcanum]

In 10 years when you look at the big picture we'll realize Bitcoin was always UP.

[Chalkbot]

Although these coins are not intended to be used for transactions, you can still never be certain if the previous owner didn’t secretly keep a copy of the private keys, or the Bitcoin that you’re supposed to receive hasn’t already been spent. (NOR CAN YOU BE CERTAIN THE COIN ISN'T MADE OF TUNGSTEN) Hopefully, this problem will be solved in the next generation of the “Gold-Bitcoin.”

gotta admit these are pretty:

http://www.forbes.com/sites/ericxlmu/2014/07/21/chinese-bitcoiner-made-physical-bitcoin-in-pure-gold/

Is there currently a solution to the physical bitcoin trust problem? Is there a way to pass on a private key without the ability to later redeem it's balance? Have there been any proposals to get around this?

I ask because I may have developed a solution for an un-hackable physical coin, but while it requires you to trust me, it's not worth pursuing.

[cypherdoc]

Although these coins are not intended to be used for transactions, you can still never be certain if the previous owner didn’t secretly keep a copy of the private keys, or the Bitcoin that you’re supposed to receive hasn’t already been spent. (NOR CAN YOU BE CERTAIN THE COIN ISN'T MADE OF TUNGSTEN) Hopefully, this problem will be solved in the next generation of the “Gold-Bitcoin.”

gotta admit these are pretty:

http://www.forbes.com/sites/ericxlmu/2014/07/21/chinese-bitcoiner-made-physical-bitcoin-in-pure-gold/

Is there currently a solution to the physical bitcoin trust problem? Is there a way to pass on a private key without the ability to later redeem it's balance? Have there been any proposals to get around this?

I ask because I may have developed a solution for an un-hackable physical coin, but while it requires you to trust me, it's not worth pursuing.

talk with smoothie.  he says he has a way.

[cypherdoc]

this is great:

[cypherdoc]

powerful article that lays bare the ugly truth.

Have central banks been breaking the law?

http://www.telegraph.co.uk/finance/comment/jeremy-warner/10981011/Have-central-banks-been-breaking-the-law.html

[cypherdoc]

like i said, talk about volatility.  poor Bill Ackman:

[cypherdoc]

you can see that "we" continue to do beautifully.  absolutely no end in sight:

[cypherdoc]

why aren't you doing your part to "go out and buy something"?

so much for trickle down economics:

[hdbuck]

you can see that "we" continue to do beautifully.  absolutely no end in sight:

giggling each time i see that chart
bubble, ponzi... you name it

[cypherdoc]

oh, now i know why you aren't spending anything; the banks kept all the money.  but i thought they were supposed to lend it out?  the answer is, "you ain't good enuf":

[cypherdoc]

here's a trick question.  what's 0.25% of a lot of money?



answer:  a helluva lot of money.

[molecular]

oh, now i know why you aren't spending anything; the banks kept all the money.  but i thought they were supposed to lend it out?  the answer is, "you ain't good enuf":

that money might trickle avalanche down into the economy at some point, no?

"avalanche economics"

[justusranvier]

powerful article that lays bare the ugly truth.

Have central banks been breaking the law?

http://www.telegraph.co.uk/finance/comment/jeremy-warner/10981011/Have-central-banks-been-breaking-the-law.html

Laws are what the rulers use to control their subjects.

As such, central banks are in no way bound by laws. That's a fundamental misunderstanding of how the system works.

[cypherdoc]

now that China isn't buying many UST's anymore, i mean, someone had to take over.  sheesh:

[cypherdoc]

oh, now i know why you aren't spending anything; the banks kept all the money.  but i thought they were supposed to lend it out?  the answer is, "you ain't good enuf":

that money might trickle avalanche down into the economy at some point, no?

"avalanche economics"

you didn't hear me.

"you ain't good enuf".

[cypherdoc]

well, you gotta be thankful for one thing; they're willing to buy your homes:

[Adrian-x]

Bitcoin is going to bring in a golden new age of equality honesty.

experiment-shows-people-exposed-to-east-german-socialism-cheat-more


I bet it’s a sliding scale

[cypherdoc]

pretty soon you'll be able to ask them to pay you to buy a car: