Gold collapsing. Bitcoin UP.

[cypherdoc]

The Attack of the Ribosomes!

[cypherdoc]

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +342%

Gold:  -1%

GPL:  -23% silverbox long

Diff:  +343% advantage Bitcoin and growing

[flaab]

The only reason why gold is not already accounting for the expansion of the currency supply is because central banks are leasing gold to the market in huge quantities and the futures market is greatly manipulated. It's a perverse scam. I don't know when, but you'll see gold and silver accounting for nearly ALL the currency out there, a blizzard of worthless paper.

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.

[molecular]

can you make the font-size according to the advantage-percentage? for example: 354% = font-size: 35pt ?

[Vladimir]

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.

Having intrinsic value is not a requirement for something to become money. Moreover claiming that something is currency and not money is perverse.

Money is an abstract idea of something being used as a medium of exchange as opposed to direct barter. Currency is simply physical or these days virtual representation of money.

[Spaceman_Spiff]

Bitcoin is NOT money because it has not intrinsic value. However, it is the best currency around right now.

Having intrinsic value is not a requirement for something to become money. Moreover claiming that something is currency and not money is perverse.

Money is an abstract idea of something being used as a medium of exchange as opposed to direct barter. Currency is simply physical or these days virtual representation of money.

You are just both using different definitions of the terms.  I think he is using Michael Maloney's version who says the difference between money and currency is intrinsic value.

[cypherdoc]

can you make the font-size according to the advantage-percentage? for example: 354% = font-size: 35pt ?

could you write me a script for that?

[cypherdoc]

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +342%

Gold:  -3%

GPL:  -25% silverbox long

Diff:  +345% advantage Bitcoin and growing

[vokain]

How many ~dollars to $30?

[cypherdoc]

How many ~dollars to $30?

$561K

[cypherdoc]

[thoughtfan]

Was 24.11 really worth getting THAT excited about?

[vokain]

Was 24.11 really worth getting THAT excited about?

I think he posted that chart so we see the depth. My sub to btccharts.com expired

[thoughtfan]

Was 24.11 really worth getting THAT excited about?

I think he posted that chart so we see the depth. My sub to btccharts.com expired

Point taken.  Apologies

[SkRRJyTC]

Was 24.11 really worth getting THAT excited about?

I think he posted that chart so we see the depth. My sub to btccharts.com expired

Point taken.  Apologies

We have a thread for that already:

https://bitcointalk.org/index.php?topic=85687.0

[lebing]

How many ~dollars to $30?

$561K

Half of that will evaporate (be pulled, not bought) as we get closer as well

[cypherdoc]

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +356%

Gold:  -3%

GPL:  -25% silverbox long

Diff:  +359% advantage Bitcoin and growing

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012):

Bitcoin:  +371%

Gold:  -3%

GPL: -27% silverbox long

Diff:  +374% advantage Bitcoin and growing


i can't tell you how bad this break is for silverbox's long on GPL.  looks like he's heading for new lows:

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012):

Bitcoin:  +378%

Gold:  -3%

GPL: -27% silverbox long

Diff:  +381% advantage Bitcoin and growing

[cypherdoc]

Gold down.   Bitcoin up.