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cypherdoc (OP)
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October 05, 2012, 06:10:45 PM |
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Hmmm...gold and silver aren't doing so well today.
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Foxtra
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October 05, 2012, 06:40:55 PM |
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The correction came faster than I thougt.
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tvbcof
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October 05, 2012, 06:50:19 PM |
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Hmmm...gold and silver aren't doing so well today. Almost exactly the same as BTC in my eyeball calculation at this moment in terms of it's drop of from directly recent highs. 0.989 vs 0.983 (cur/high).
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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tvbcof
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October 07, 2012, 08:15:57 PM |
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Hmmm...gold and silver aren't doing so well today. Almost exactly the same as BTC in my eyeball calculation at this moment in terms of it's drop of from directly recent highs. 0.989 vs 0.983 (cur/high). Significantly less well now for BTC, though this is completely unsurprising. I think more rational people consider BTC to be hugely volatile and are less perturbed than they would be were PM's to suffer the same kind of action. Hopefully also most people adjust the ratio of their various positions accordingly and can afford any Bitcoin loss which may be realized. Up to 100%. Beyond that, I personally assume that my activity associated with Bitcoin will both be detected somehow and act as a flag which could induce closer scrutiny of my general economic and general on-line activity. It is, or course, possible that such a thing is NOT happening and will not happen in the future, but when I have limited info I normally assume the worst for the purposes of planning. I've also assumed a similar thing about PM's of course. My PM dealer assures me that my 'fears' are largely unfounded, or at least have been historically, but in a similar way I assume that I cannot take my dealer's word 100%.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Foxtra
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October 08, 2012, 09:14:16 AM Last edit: October 08, 2012, 10:44:11 AM by Foxtra |
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We reached 1766 (M20). I went out of my short and started a buy on this rate. EDIT : If the M20 isn't broken today, we should reach 1794$ in the week. If it is broken, 1740$ should come.
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cypherdoc (OP)
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October 09, 2012, 03:02:57 PM |
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Gold down. Bitcoin up.
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cypherdoc (OP)
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October 09, 2012, 03:23:53 PM |
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why does gold fold like a cheap suit everytime stocks drop or the USD rises? doesn't it have any more staying power than that?
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cypherdoc (OP)
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October 09, 2012, 03:30:58 PM |
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USD=80 coming right up.
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SkRRJyTC
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October 09, 2012, 03:45:33 PM |
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USD back over 80. Yo Baby!
USD=80 coming right up.
Just keep trying until you are right I guess? 80 is a huge resistance level... its just gonna bounce down harder this time
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cypherdoc (OP)
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October 09, 2012, 03:53:54 PM |
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Just keep trying until you are right I guess? and this doesn't apply equally well to you?
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cypherdoc (OP)
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October 09, 2012, 04:31:29 PM |
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silverbox, did you sell GPL yet?
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SkRRJyTC
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October 09, 2012, 04:46:06 PM |
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Just keep trying until you are right I guess? and this doesn't apply equally well to you? It does apply to me, but not equally. I have not made a 200 page thread out of my speculations
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cypherdoc (OP)
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October 09, 2012, 05:01:43 PM |
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Just keep trying until you are right I guess? and this doesn't apply equally well to you? It does apply to me, but not equally. I have not made a 200 page thread out of my speculations you're full of shit. is this not a collective thread consisting of dozens of individual opinions that have voluntarily been logged? is it not that i still could be correct in the long run? is it not a compelling concept as evidenced by the number of views? is it not, arguably, THE fundamental debate here on this forum? is it not THE fundamental debate concerning the world economy and financial markets? yes, i might hoot and holler when gold goes down but i don't declare victory just b/c it's gone down a couple hundred bucks, like you do to the upside.
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SkRRJyTC
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October 09, 2012, 05:08:08 PM |
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Just keep trying until you are right I guess? and this doesn't apply equally well to you? It does apply to me, but not equally. I have not made a 200 page thread out of my speculations you're full of shit. is this not a collective thread consisting of dozens of individual opinions that have voluntarily been logged? is it not that i still could be correct in the long run? is it not a compelling concept as evidenced by the number of views? is it not, arguably, THE fundamental debate here on this forum? is it not THE fundamental debate concerning the world economy and financial markets? yes, i might hoot and holler when gold goes down but i don't declare victory just b/c it's gone down a couple hundred bucks, like you. calm down, I like this thread and I like you. And yes, I have declared victory. The correction from the top (1900,50/Gold,Silver) is pretty clearly over. We are now in a smaller correction from the recent run up from (1600,28/Gold,Silver) but the trend is up. But no, I dont think it is really THE fundamental debate. I think that to many people try to lump BTC and PMs into the same boat. PMs are great stores of wealth and Bitcoin is a great medium for wealth transfer, but they really dont fill the same category. I dont think they need to be viewed diametrically... like you
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cypherdoc (OP)
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October 09, 2012, 05:14:49 PM |
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Just keep trying until you are right I guess? and this doesn't apply equally well to you? It does apply to me, but not equally. I have not made a 200 page thread out of my speculations you're full of shit. is this not a collective thread consisting of dozens of individual opinions that have voluntarily been logged? is it not that i still could be correct in the long run? is it not a compelling concept as evidenced by the number of views? is it not, arguably, THE fundamental debate here on this forum? is it not THE fundamental debate concerning the world economy and financial markets? yes, i might hoot and holler when gold goes down but i don't declare victory just b/c it's gone down a couple hundred bucks, like you. calm down, I like this thread and I like you. And yes, I have declared victory. The correction from the top (1900,50/Gold,Silver) is pretty clearly over. We are now in a smaller correction from the recent run up from (1600,28/Gold,Silver) but the trend is up. But no, I dont think it is really THE fundamental debate. I think that to many people try to lump BTC and PMs into the same boat. PMs are great stores of wealth and Bitcoin is a great medium for wealth transfer, but they really dont fill the same category. I dont think they need to be viewed diametrically. well i certainly haven't declared victory. i just happen to have strong opinions about what is going on and the cycles tell me an entirely different story. but i could be wrong. its just that gold and silver have to be able to decouple from stock and USD moves IMO. they've not shown me they can do that.
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tvbcof
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October 09, 2012, 05:42:15 PM |
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... i just happen to have strong opinions about what is going on and the cycles tell me an entirely different story. but i could be wrong. its just that gold and silver have to be able to decouple from stock and USD moves IMO. they've not shown me they can do that.
I think we have a classic case of 'not seeing the forest for the trees' here. I suggest you zoom out some.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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cypherdoc (OP)
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October 09, 2012, 05:59:36 PM |
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... i just happen to have strong opinions about what is going on and the cycles tell me an entirely different story. but i could be wrong. its just that gold and silver have to be able to decouple from stock and USD moves IMO. they've not shown me they can do that.
I think we have a classic case of 'not seeing the forest for the trees' here. I suggest you zoom out some. i have and i see a top.
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SkRRJyTC
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October 09, 2012, 06:00:39 PM |
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... i just happen to have strong opinions about what is going on and the cycles tell me an entirely different story. but i could be wrong. its just that gold and silver have to be able to decouple from stock and USD moves IMO. they've not shown me they can do that.
I think we have a classic case of 'not seeing the forest for the trees' here. I suggest you zoom out some. i have and i see a top. I wonder why the correction broke to the upside if we were just at the top?
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