Gold collapsing. Bitcoin UP.

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +645%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -43% silverbox long

Diff:  +652% advantage Bitcoin and growing

[waspoza]

Nice comparison: http://www.businessinsider.com/this-chart-of-bitcoins-is-bananas-and-it-looks-a-lot-like-the-price-of-gold-2013-3

[tvbcof]

Nice comparison: http://www.businessinsider.com/this-chart-of-bitcoins-is-bananas-and-it-looks-a-lot-like-the-price-of-gold-2013-3

In my opinion, but gold and Bitcoin share a feature that they have been significantly undervalued.  I personally doubt that either is in a bubble, but are simply on their way to a fair value.  But speed-bumps are to be expected.

In the case of gold, the issue has been with the health and stability of debt-base inflationary monetary regimes.  Gold simply cannot compete in such an environment.

In the case of Bitcoin, it is simple ignorance of the solution and lack of time to develop a viable economy.

My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued.  But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.

[lebing]

My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued.  But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.

There are until there aren't. When that happens (and it will - eventually)... watch out.

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +657%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +664% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +665%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +672% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +674%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +681% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +691%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +698% advantage Bitcoin

[oakpacific]

You know it's crazy when you have to post it 5 times a day.

[paraipan]

This goes for you too cypherdoc

If you were Bit-Rich, what would you do to make the world a better place?

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +696%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +703% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +703%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +710% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +715%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +722% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +730%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +737% advantage Bitcoin

[cypherdoc]

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +733%

Gold:  -7%

silverbox in big trouble.  plumbing new lows.

GPL:  -48% silverbox long

Diff:  +740% advantage Bitcoin

[sunnankar]

Diff:  +740% advantage Bitcoin

Just wait for tomorrow morning  The price discovery is going to get really fun.

[cypherdoc]

Diff:  +740% advantage Bitcoin

Just wait for tomorrow morning  The price discovery is going to get really fun.

so what's happening in the morning?

[miscreanity]

Just wait for tomorrow morning  The price discovery is going to get really fun.

so what's happening in the morning?

Does it matter as long add you've got a BTC stash?

Not much but air up here, though it'd still be nice to see the really take a breather.

[sunnankar]

Just wait for tomorrow morning  The price discovery is going to get really fun.

so what's happening in the morning?

Buy every bitcoin you can on the rumor and sell the news.  

[tvbcof]

Just wait for tomorrow morning  The price discovery is going to get really fun.

so what's happening in the morning?

I'm guessing another day, another batch of wires processed in.