cypherdoc (OP)
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August 02, 2012, 09:01:40 PM |
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this thread was started 3/13
Bitcoin 5.40
Gold 1690.
today 8/2
Bitcoin 10.51 (up ~95%)
Gold 1588 (down ~6%)
BTC is double digits! , Gold is inching back to parity. BTC is outperforming gold.
GPL 1.66 (Silver lg @ 1.98)
Difference: 101% ADVANTAGE BITCOIN
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miscreanity
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August 03, 2012, 03:40:48 AM |
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Difference: 101% ADVANTAGE BITCOIN
Gold getting schooled? It's older and more experienced. There are still some tricks up its shiny sleeve. Then it'll have to pass the torch.
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Hexadecibel
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I still <3 u Satoshi
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August 03, 2012, 09:29:21 AM |
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Difference: 101% ADVANTAGE BITCOIN
Gold getting schooled? It's older and more experienced. There are still some tricks up its shiny sleeve. Then it'll have to pass the torch. Gold is too old to rock, no more rocking for gold.
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cypherdoc (OP)
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August 03, 2012, 03:08:17 PM |
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Then it'll have to pass the torch.
its happening right before your eyes. wake up man.
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Serge
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August 03, 2012, 03:13:52 PM |
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Bitcoin - so lightweight, yet so rich.
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cypherdoc (OP)
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August 03, 2012, 03:37:54 PM |
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miscreanity: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FdEb6M.jpg&t=665&c=tSLaV6p2TTIvsA)
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silverbox
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August 03, 2012, 03:55:05 PM |
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Gold sure seemed to have recovered quick.. I wonder what were going to be at before the next fomc.. 1700??
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sadpandatech
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August 03, 2012, 03:59:38 PM |
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Gold sure seemed to have recovered quick.. I wonder what were going to be at before the next fomc.. 1700??
you wish.. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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silverbox
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August 03, 2012, 04:01:39 PM |
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Gold sure seemed to have recovered quick.. I wonder what were going to be at before the next fomc.. 1700??
you wish.. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) It's collapsing upwards!! Don't you know?? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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cypherdoc (OP)
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August 03, 2012, 05:06:16 PM |
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Bitcoin: +103%
Gold: -5%
Diff: +108% ADVANTAGE BITCOIN!
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cypherdoc (OP)
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August 03, 2012, 06:01:16 PM |
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Bitcoin: +106%
Gold: -5%
Diff: +111% ADVANTAGE BITCOIN!
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miscreanity
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August 03, 2012, 07:45:52 PM |
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Bitcoin: +106%
Gold: -5%
Diff: +111% ADVANTAGE BITCOIN!
To close the gap to Bitcoin, gold would have to double. Possible, and even probable (for physical gold), but then again - nobody has argued that gold would outpace Bitcoin's growth. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) As tvbcof pointed out, they have nearly identical purposes, but are in different classes. Gold is on the launchpad, its purpose to escape the the planet's gravity. It's a short event, taking minutes until in orbit. Bitcoin gets launched from space and is gaining momentum for interplanetary travel. Velocity is built up over time, taking weeks to months.
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conspirosphere.tk
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Bitcoin is antisemitic
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August 03, 2012, 07:50:08 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
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cypherdoc (OP)
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August 03, 2012, 07:52:21 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't.
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conspirosphere.tk
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Bitcoin is antisemitic
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August 03, 2012, 08:04:58 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers. Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is.
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cypherdoc (OP)
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August 03, 2012, 08:13:30 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers. Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is. the " unfair competition" as you call it, was " defined" by your compatriot in gold, silverbox. his definition was the beginning of this thread. so there you have it.
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miscreanity
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August 03, 2012, 08:19:07 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. What do you call Bitcoin futures and options? Also, Bitcoin is now in the danger zone range of $11-12. Expect about a 10% decline over the weekend.
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cypherdoc (OP)
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August 03, 2012, 08:21:07 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. What do you call Bitcoin futures and options? Also, Bitcoin is now in the danger zone range of $11-12. Expect about a 10% decline over the weekend. oh, wasn't aware of those. so then it is a fair competition. Bitcoin IS kicking gold's ass.
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miscreanity
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August 03, 2012, 08:26:15 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. What do you call Bitcoin futures and options? Also, Bitcoin is now in the danger zone range of $11-12. Expect about a 10% decline over the weekend. oh, wasn't aware of those. so then it is a fair competition. Bitcoin IS kicking gold's ass. They don't have enough volume to be the primary driving force behind the price, though. If derivatives were the primary form of exchange instead of direct BTC holdings, then I'd agree. For now, the Bitcoin markets are still heavily dominated by the equivalent of physical gold trading - the real thing is in vogue.
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silverbox
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August 03, 2012, 08:57:09 PM |
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers. Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is. the " unfair competition" as you call it, was " defined" by your compatriot in gold, silverbox. his definition was the beginning of this thread. so there you have it. Its not a competition, pretty much everyone here is a BTC bull. I'm still waiting for that "COLLAPSE" and "CRASH" that you called for in the general markets and PM's (Gold in particular).. Its been 6 months, how long is it going to take?? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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