Gold collapsing. Bitcoin UP.

[smoothie]

we need to keep Bitcoin focused on the money function.   that is what distinguishes it from altcoins and Bitcoin 2.0 platforms and potentially SC's:

http://coincenter.org/2015/02/cryptocurrency-investments-different-securities-investments/

no, bitcoin needs to focus on the gold function,

money is worthless it just passes from one hand to the next. its not a store of value

since you're new here, i'll forgive you.  everyone knows that when i talk about Money, i mean Sound Money (fixed supply).

you need inflation to keep up with the growth of the economy. economics 101.

What economics law states that?

How is it proven that is the only way to keep up with growth?

Ever heard of increase and decrease of the value of money? In other words how much stuff money can buy?

Inflation is just a banker tactic to get something for nothing (i.e. create new money for 0 cost).

It's a bullshit reason to say that inflation is to keep up with the growth of the economy. LOL!
  

[NotLambchop]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

[cypherdoc]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

some of us aren't unloading anything.  we're accumulating.

[HeliKopterBen]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

You fiat bagholders should be ashamed of yourselves for trying to unload your fiat onto gullible BTC holders as it is obvious that fiat systems around the world are beginning to crumble.  Shame on you.

[NotLambchop]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

You fiat bagholders should be ashamed of yourselves for trying to unload your fiat onto gullible BTC holders as it is obvious that fiat systems around the world are beginning to crumble.  Shame on you.

Point me to a dollartalk forum where innocents are indoctrinated, groomed & eventually savagely raped, like they are here on bitcointalk?
Sure, Bitcoiners are wily, but if enough victims like yourself reach out for help, THEY CAN BE STOPPED!
Admit you were raped, don't let their manipulation & your shame silence you!

[Wekkel]

The most intriguing tech advancement since decades and all Mr T is whining about is some folks parting with their money.

It's called "freedom".

I question your motives.

[NotLambchop]

Surprise buttsecs is not freedom.  It's called rape, Bitcoin criminal scum!
How about you stop raping people for a change, huh?

[picolo]

The most intriguing tech advancement since decades and all Mr T is whining about is some folks parting with their money.

It's called "freedom".

I question your motives.

Gold has been up then lost its gains and Bitcoin is stable.

[User705]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

You fiat bagholders should be ashamed of yourselves for trying to unload your fiat onto gullible BTC holders as it is obvious that fiat systems around the world are beginning to crumble.  Shame on you.

Point me to a dollartalk forum where innocents are indoctrinated, groomed & eventually savagely raped, like they are here on bitcointalk?
Sure, Bitcoiners are wily, but if enough victims like yourself reach out for help, THEY CAN BE STOPPED!
Admit you were raped, don't let their manipulation & your shame silence you!

http://www.savingsbonds.gov/

[explorer]

Some people will be so embarrassed in 10 years.

Whelp, some people should be drowning in embarrassment now.
Imagine, "Investing" real money in BTCeanie BTCabies Bitcoin, losing most of it over the past year, and now hoping to rope in gullible n00bs just to unload their BTCeanies  BTCags  Bitcoin.

Are you even ashamed of yourselves, Bitcoiners?  You should be.  Don't even care who you hurt

You fiat bagholders should be ashamed of yourselves for trying to unload your fiat onto gullible BTC holders as it is obvious that fiat systems around the world are beginning to crumble.  Shame on you.

Point me to a dollartalk forum where innocents are indoctrinated, groomed & eventually savagely raped, like they are here on bitcointalk?
Sure, Bitcoiners are wily, but if enough victims like yourself reach out for help, THEY CAN BE STOPPED!
Admit you were raped, don't let their manipulation & your shame silence you!

http://www.savingsbonds.gov/

Ummm,  state controlled schools and media, cradle to grave indoctrination have clearly worked on you.  And most of your fellows. You have to hand it to them, it is a highly effective system.  Cracks are showing more and more though.

[cbeast]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

[flipstyle]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year. 

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

[cbeast]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year. 

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

The 30 day chart shows a +0.04% change. That is more stable than fiat.

[BlindMayorBitcorn]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year. 

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

The 30 day chart shows a +0.04% change. That is more stable than fiat.

I hope we aren't being lulzed into a false sense of security

[marcus_of_augustus]

[rocks]

Oh, it is completely logical. All one has to do is follow the money to understand the logic.

When they "expand the money supply to grow with the economy" what they are in actuality doing is taking wealth from the middle class (savers of dollars) and giving that wealth to political insiders, be it politicians, unions, bankers, favored groups, politically connected corporations, and don't forget a few table scraps for various voting blocks to make the theft "legitimate".

[flipstyle]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year.  

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

The 30 day chart shows a +0.04% change. That is more stable than fiat.

I'm talking daily market changes.  30 day changes in such volatile markets are more coincidental than indicative of solidarity.  Don't fool yourself.

These markets could and have crashed in a single day at whims notice.

[BlindMayorBitcorn]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year.  

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

The 30 day chart shows a +0.04% change. That is more stable than fiat.

I'm talking daily market changes.  30 day changes in such volatile markets are more coincidental than indicative of solidarity.  Don't fool yourself.

These markets could and have crashed in a single day at whims notice.

He's playing Devil's advocate? No doubt we could see double digits again at a moments notice

[BlindMayorBitcorn]

Surprise buttsecs is not freedom.  It's called rape, Bitcoin criminal scum!
How about you stop raping people for a change, huh?

[rpietila]

Bitcoin mining vastly outpaces gold mining while price continues to grow (on average). Gold collapsing. Bitcoin up.

Time frame of reference.  Bitcoin is up in the last 5 years, but gold has definitely outperformed bitcoin in the past year.  

As far as stability, neither are.  They're both subject to 5%+ price swings daily, which is far from stable.  Just because bitcoin has temporarily found a price range in the low 2xx's doesn't mean jack. It has been following the same pattern of holding a price for a month or so then falling hard all the way from $700 and below.   Until it shows a strong and maintained uptrend, the free fall remains.

The 30 day chart shows a +0.04% change. That is more stable than fiat.

I'm talking daily market changes.  30 day changes in such volatile markets are more coincidental than indicative of solidarity.  Don't fool yourself.

These markets could and have crashed in a single day at whims notice.

Daily volatility against USD is just one metric to measure stability.

By such small changes as replacing the denominator USD in the equation with "purchasing power" (or the value of anything else but USD), or the "daily" for "any other time" you get completely different results.

Everybody who says dollar is more "stable" than gold is a sad, misinformed person. Dollar is stable strictly when measured in dollars.

As for Bitcoin, it is on track to overtake dollar's "stability" once it rises to any sustainable level first. The rise may take a longish time, because we are talking at 100x or much more.