Bitcoin Forum
December 11, 2017, 04:10:15 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [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 ... 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 [1062] 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2021743 times)
User705
Hero Member
*****
Offline Offline

Activity: 756



View Profile
February 13, 2015, 12:14:17 AM
 #21221

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/
1512965415
Hero Member
*
Offline Offline

Posts: 1512965415

View Profile Personal Message (Offline)

Ignore
1512965415
Reply with quote  #2

1512965415
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1512965415
Hero Member
*
Offline Offline

Posts: 1512965415

View Profile Personal Message (Offline)

Ignore
1512965415
Reply with quote  #2

1512965415
Report to moderator
1512965415
Hero Member
*
Offline Offline

Posts: 1512965415

View Profile Personal Message (Offline)

Ignore
1512965415
Reply with quote  #2

1512965415
Report to moderator
explorer
Legendary
*
Offline Offline

Activity: 1358



View Profile
February 13, 2015, 12:51:24 AM
 #21222

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
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
February 13, 2015, 01:36:36 AM
 #21223

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.
flipstyle
Sr. Member
****
Offline Offline

Activity: 406


View Profile
February 13, 2015, 01:51:02 AM
 #21224

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
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
February 13, 2015, 02:18:10 AM
 #21225

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
Legendary
*
Offline Offline

Activity: 1078



View Profile
February 13, 2015, 02:35:24 AM
 #21226

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.
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2464



View Profile
February 13, 2015, 02:41:56 AM
 #21227


rocks
Legendary
*
Offline Offline

Activity: 1149


View Profile
February 13, 2015, 05:16:19 AM
 #21228



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
Sr. Member
****
Offline Offline

Activity: 406


View Profile
February 13, 2015, 07:24:42 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'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
Legendary
*
Offline Offline

Activity: 1078



View Profile
February 13, 2015, 07:36:33 AM
 #21230

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
Legendary
*
Offline Offline

Activity: 1078



View Profile
February 13, 2015, 07:38:15 AM
 #21231

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.
rpietila
Donator
Legendary
*
Offline Offline

Activity: 1652



View Profile
February 13, 2015, 07:59:57 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.

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.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 13, 2015, 10:17:58 AM
 #21233

Such a beautiful green candle.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 13, 2015, 10:32:23 AM
 #21234

https://twitter.com/cypherdoc2/status/566182744498405378
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
February 13, 2015, 11:00:37 AM
 #21235

Wekkel
Legendary
*
Offline Offline

Activity: 1694



View Profile
February 13, 2015, 11:56:46 AM
 #21236

We need $350+ for a meaningful price signal.

         ▄███████████████▄
       ▄██▀             ▀██▄
    ▄▄██▀                 ▀██▄▄
█████▀▀       ▄▀▀▀▀▀▀▀▄▄    ▀▀█████
██          ▄▀ ▄▄▄▀▀▀▀▄▀█▄▄      ██
▐█▌       ▄▀ ▄▀ ▄▄▄▀▀▀▄▀▀▀███   ▐█▌
 ██      ▄▀▄▀▄▀▀▄▄▄▀▀▀▀▀█ ▄█▀   ██
 ▐█▌    █▄▀▄▀▄█▀▀▀ ▀█▀ ▄▀▄▀█   ▐█▌
  ██    █▄▀▄▀▄▄█▀ ▄▀ ▄▀▄▀▄▀█   ██
  ▐█▌ ▀▄█████▀▄▄▀▀▄▄▀▄▀▄▀▄▀█  ▐█▌
   ██▌▀████▀██▄▄▀▀▄▄▀▄▀▄▀▄█▀ ▐██
    ██▌▀█▀▀█▄▀▀▄▀▀▄▄▀▄█▄▄█▀ ▐██
     ██▌ ▀  ▀███▄▄▄█████▀  ▐██
      ██▄      ▀▀▀▀▀      ▄██
       ▀██▄             ▄██▀
         ▀██▄         ▄██▀
           ▀██▄     ▄██▀
             ▀███▄███▀
               ▀███▀
.DeepOnion.
★ ★ ★ ★ ★  .❱❱❱ JOIN AIRDROP NOW!.
TOR INTEGRATED & SECURED
★  Your Anonymity Guaranteed
★  Your Assets Secured by TOR
★  Guard Your Privacy!
|Bitcointalk
Reddit
Telegram
|                        ▄▄▀▄▄▀▄▄▀▄▀▀
                    ▄▄██▀█▀▄▀▀▀
                  ▄██▄█▄██▀
                ▄██████▀
              ▄██████▀
  ▄█▄▄▄▄▄▄▄▄▄██████▀
██████▀▀▀▀▀██████▀
 ▀█████  ▄███████
  ████████████▀██
  ██▀███████▀  ██
  ██ ▀████▀    ██
  ██   ▀▀      ██
  ▀█████████████▀
NotLambchop
Sr. Member
****
Offline Offline

Activity: 378


View Profile
February 13, 2015, 12:21:53 PM
 #21237

...
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!
NotHatinJustTrollin
Full Member
***
Offline Offline

Activity: 126


View Profile
February 13, 2015, 12:37:51 PM
 #21238

Great paper, this guy gets it:


http://www.oecd.org/daf/fin/financial-markets/The-Bitcoin-Question-2014.pdf


"The Bitcoin Question: CURRENCY VERSUS TRUST-LESS TRANSFER
TECHNOLOGY"




As always:
Distributed ledger technologies = the internet
Cryptocurrencies = pets.com



 Smiley
sidhujag
Legendary
*
Offline Offline

Activity: 1666


View Profile
February 13, 2015, 12:43:46 PM
 #21239

U cant compare usd and bitcoin in terms of volatility not fair comparison.. however lets try:

Usd volume daily $4 trillion
btc volume daily $4 million

Usd basket volatility = 0.1% daily
btc volatility = 10% daily

Btc adjusted volatility if volume was $4 trilliion = 0.000001%

Now which one looks more stable???

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
NotLambchop
Sr. Member
****
Offline Offline

Activity: 378


View Profile
February 13, 2015, 12:59:05 PM
 #21240

U cant compare usd and bitcoin in terms of volatility not fair comparison.. however lets try:

Usd volume daily $4 trillion
btc volume daily $4 million

Usd basket volatility = 0.1% daily
btc volatility = 10% daily

Comparing USD volatility to BTC?  You're thinking of that batshit crazy rpietila.  I agree, laughable.
I'm pretty much with you on BTC being a hundred times as volatile as USD, but caveat:  The prices in my grocery store aren't adjusted every ten minutes, not even by .1% Cheesy

Quote
Btc adjusted volatility if volume was $4 trilliion = 0.000001%

Now which one looks more stable???

If BTC had volume of $4trillion, it would be USD, and thus stable.  It's not, so it ain't.
 
As far as your "adjusted volatility," you've clearly been to universities, but I'm afraid it don't work like you think it does Cheesy
Pages: « 1 ... 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 [1062] 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 ... 1558 »
  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!