sunnankar
Legendary
 Offline
Activity: 1031
Merit: 1000
|
 |
March 13, 2013, 03:32:43 AM |
|
that IS funny.  People should keep in mind that mark-to-market is not mark-to-value. |
|
|
|
|
|
|
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
oakpacific
|
|
March 13, 2013, 03:41:39 AM |
|
that IS funny. People should keep in mind that mark-to-market is not mark-to-value. Yeah, bitcoin stable, my dick up. |
|
|
|
|
World
|
|
March 15, 2013, 03:06:49 AM |
|
|
Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
March 15, 2013, 03:17:25 AM |
|
It is a lot easier, cheaper, and faster to demand delivery of bitcoin than gold. |
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 03:16:04 AM |
|
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +863%
Gold: -5%
GPL: -32% silverbox long
Diff: +868% advantage Bitcoin and growing
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 02:52:29 PM |
|
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +938%
Gold: -5%
GPL: -33% silverbox long
Diff: +943% advantage Bitcoin and growing
|
|
|
|
|
Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
|
|
March 19, 2013, 02:56:30 PM |
|
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +938%
Gold: -5%
GPL: -33% silverbox long
Diff: +943% advantage Bitcoin and growing
Almost time to open the champagne for 1000% |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 03:11:22 PM |
|
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +1111%
Gold: -5%
GPL: -33% silverbox long
Diff: +1116% advantage Bitcoin and growing
|
|
|
|
|
|
thoughtfan
|
|
March 19, 2013, 03:11:59 PM |
|
Almost time to open the champagne for 1000%
Well you could open one for Bitcoin surpassing the gold price per gram in the meantime   |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 03:14:59 PM
Last edit: March 20, 2013, 04:22:44 PM by cypherdoc |
|
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +1048%
Gold: -5%
GPL: -33% silverbox long
Diff: +1051% advantage Bitcoin and growing
|
|
|
|
|
rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
|
|
March 19, 2013, 03:56:17 PM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
|
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
|
|
|
Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
|
|
March 19, 2013, 04:03:13 PM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
Did you read the thread title? Yeah, I still think gold being down 6% percent isn't really collapsing, but hey, bitcoin being UP is quite the understatement  |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 04:30:34 PM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
From day 1, Bitcoin was designed to mimic the characteristics of gold, the one and only true money, heretofore. That, plus the fact I sold 90-95% of my gold in August 2011 in exchange for Bitcoin is why I compare them here. If I compared Bitcoin to silver, the blowout would be even more extreme. |
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
|
March 19, 2013, 05:08:00 PM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
cypherdoc, the creator of this thread sold most of his metal (correct me if I'm wrong) in 2011 swapping it for bitcoins. He has been "propagandizing" that bitcoin would outperform gold and has substantial (in my mind) arguments. Some of them are contained in this article: http://web.archive.org/web/20120403154846/http://bitcoinmedia.com/bitcoin-vs-metalsI think cyperhdoc had mostly gold and less other metals. That probably answers the question? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
March 19, 2013, 05:43:46 PM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
cypherdoc, the creator of this thread sold most of his metal (correct me if I'm wrong) in 2011 swapping it for bitcoins. He has been "propagandizing" that bitcoin would outperform gold and has substantial (in my mind) arguments. Some of them are contained in this article: http://web.archive.org/web/20120403154846/http://bitcoinmedia.com/bitcoin-vs-metalsI think cyperhdoc had mostly gold and less other metals. That probably answers the question? wow, i'd forgotten about that one. was it a whole year ago? thanks for linking that. |
|
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
|
March 19, 2013, 08:07:08 PM |
|
Sinclair has very nicely explained how money that has already been created cannot be destroyed or recycled in the current environment. Physical gold will not collapse; it's simply rising at a slower rate than Bitcoin. As for the Bit, FinCEN's guidelines have opened the door for absolute mayhem. Big banks with existing licenses can now capitalize on Bitcoin while boxing out US-based upstart competition. The Bitcoin economy in general will adapt to deny regulatory impact. Demand to acquire before full regulation may push bitcoins into Giffen good status, propelling valuation to extreme levels that will not come back down. Finally, cryptocurrencies in general have now been granted official approval. An entire ecosystem explosion is now imminent. |
|
|
|
|
Melbustus
Legendary
Offline
Activity: 1722
Merit: 1003
|
|
March 19, 2013, 08:20:15 PM |
|
Sinclair has very nicely explained how money that has already been created cannot be destroyed or recycled in the current environment. Physical gold will not collapse; it's simply rising at a slower rate than Bitcoin. As for the Bit, FinCEN's guidelines have opened the door for absolute mayhem. Big banks with existing licenses can now capitalize on Bitcoin while boxing out US-based upstart competition. The Bitcoin economy in general will adapt to deny regulatory impact. Demand to acquire before full regulation may push bitcoins into Giffen good status, propelling valuation to extreme levels that will not come back down. Finally, cryptocurrencies in general have now been granted official approval. An entire ecosystem explosion is now imminent. Your sig is starting to look pretty conservative. |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
|
yokosan
|
|
March 19, 2013, 08:23:15 PM |
|
Sinclair has very nicely explained how money that has already been created cannot be destroyed or recycled in the current environment. Physical gold will not collapse; it's simply rising at a slower rate than Bitcoin. As for the Bit, FinCEN's guidelines have opened the door for absolute mayhem. Big banks with existing licenses can now capitalize on Bitcoin while boxing out US-based upstart competition. The Bitcoin economy in general will adapt to deny regulatory impact. Demand to acquire before full regulation may push bitcoins into Giffen good status, propelling valuation to extreme levels that will not come back down. Finally, cryptocurrencies in general have now been granted official approval. An entire ecosystem explosion is now imminent.  |
|
|
|
|
|
oakpacific
|
|
March 20, 2013, 12:54:53 AM |
|
Umm.. sorry to disturb, but:
why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
cypherdoc, the creator of this thread sold most of his metal (correct me if I'm wrong) in 2011 swapping it for bitcoins. He has been "propagandizing" that bitcoin would outperform gold and has substantial (in my mind) arguments. Some of them are contained in this article: http://web.archive.org/web/20120403154846/http://bitcoinmedia.com/bitcoin-vs-metalsI think cyperhdoc had mostly gold and less other metals. That probably answers the question? Besides, there was this guy called silverbox trying to ridicule his decision, thus the never-ending retailation. |
|
|
|
|
Poll
