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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1996529 times)
Wekkel
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February 12, 2015, 10:24:31 PM
 #21221

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.

                                 
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NotLambchop
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February 12, 2015, 10:37:38 PM
 #21222

Surprise buttsecs is not freedom.  It's called rape, Bitcoin criminal scum!
How about you stop raping people for a change, huh?
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February 12, 2015, 11:10:34 PM
 #21223

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.

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User705
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February 13, 2015, 12:14:17 AM
 #21224

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 Angry

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
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February 13, 2015, 12:51:24 AM
 #21225

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 Angry

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
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Let's talk governance, lipstick, and pigs.


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February 13, 2015, 01:36:36 AM
 #21226

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

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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February 13, 2015, 01:51:02 AM
 #21227

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.
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Let's talk governance, lipstick, and pigs.


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February 13, 2015, 02:18:10 AM
 #21228

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.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
BlindMayorBitcorn
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February 13, 2015, 02:35:24 AM
 #21229

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

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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February 13, 2015, 02:41:56 AM
 #21230


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February 13, 2015, 05:16:19 AM
 #21231



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".
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February 13, 2015, 07:24:42 AM
 #21232

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
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February 13, 2015, 07:36:33 AM
 #21233

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

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
BlindMayorBitcorn
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February 13, 2015, 07:38:15 AM
 #21234

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


Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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February 13, 2015, 07:59:57 AM
 #21235

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.

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February 13, 2015, 10:17:58 AM
 #21236

Such a beautiful green candle.
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February 13, 2015, 10:32:23 AM
 #21237

https://twitter.com/cypherdoc2/status/566182744498405378
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February 13, 2015, 11:00:37 AM
 #21238

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February 13, 2015, 11:56:46 AM
 #21239

We need $350+ for a meaningful price signal.

                                 
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NotLambchop
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February 13, 2015, 12:21:53 PM
 #21240

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

No, the dollar is stable in terms of its buying power.
With USD, I can be fairly certain my food basket will to cost me as much as it did ...oh, let's say... a day ago.
With Bitcoin, the price is calculated on the spot, and is good for exactly 10 minutes.
Ten minutes.
Ten.
Price stays constant for ten (TEN) minutes.
Now if USD prices of goods changed every ten minutes, while BTC prices remained constant, you'd have a point.  In the meantime, back you go.


Get well soon!
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