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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032135 times)
cypherdoc (OP)
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May 15, 2013, 01:42:59 PM
 #4921

Gold down.  Bitcoin stable.

zerg?
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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cypherdoc (OP)
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May 15, 2013, 01:46:09 PM
 #4922

oh Lordy.  again.

silverbox?

cypherdoc (OP)
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May 15, 2013, 01:59:37 PM
 #4923

shorts are working well.  about to break out:



cypherdoc (OP)
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May 17, 2013, 12:23:49 PM
 #4924

Gold down. Bitcoin up.

Where the hell is zerg?
muyuu
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May 17, 2013, 12:42:49 PM
 #4925

Gold volatile. Bitcoin stable  Grin

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
cypherdoc (OP)
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May 17, 2013, 12:45:40 PM
 #4926

Gold volatile. Bitcoin stable  Grin

You can't see that it's going up?
lexxus
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May 17, 2013, 12:50:29 PM
 #4927

GOLD IS NOT DOWN.
It's just paper on gold is down (futures). Physical market is in shortage. This is just a price manipulation by GS and the rests. Read zerohedge.com for more details if you are interested.
cypherdoc (OP)
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May 17, 2013, 12:59:53 PM
 #4928

GOLD IS NOT DOWN.
It's just paper on gold is down (futures). Physical market is in shortage. This is just a price manipulation by GS and the rests. Read zerohedge.com for more details if you are interested.

It's not?

I can buy gold easily at my local coin dealer for 4% over spot like I always have.

Stop the excuses.  I read zerohedge every day btw. For years now.
vokain
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May 17, 2013, 01:06:14 PM
 #4929

Stop the excuses.  I read zerohedge every day btw. For years now.

It's really an art reading in between the lines of whatever each anonymous Tyler writes and what the agenda behind each effort of writing an article is at times. I usually watch out for MillionDollarBonus's commentary though, they're the best on that site. Never met a better yet more constructive troll.
muyuu
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May 17, 2013, 01:06:23 PM
 #4930

Gold volatile. Bitcoin stable  Grin

You can't see that it's going up?

It's going up stably   Smiley

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forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
cypherdoc (OP)
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May 17, 2013, 02:13:56 PM
 #4931

Gold volatile. Bitcoin stable  Grin


You can't see that it's going up?

It's going up stably   Smiley

Now that is well said.
cypherdoc (OP)
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May 17, 2013, 02:31:25 PM
 #4932

News flash from Jane Wells:

"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

That's hugely positive news more so than the atm in the cnbs piece.

http://video.cnbc.com/gallery/?play=1&video=3000169018
thezerg
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May 17, 2013, 02:48:53 PM
 #4933

Gold is gasping... the last telegram was sent Feb 2006.  It takes a while for obsolescence to end.

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 118.60.  Gold is 1367.50.  Nasdaq is 3482.74
Bitcoin: 2096.30%
Gold:    -19.08%
Nasdaq:  14.00%
Gold Diff:  2614% advantage Bitcoin
Nasdaq Diff:  1827% advantage Bitcoin[/b][/size]

I'm glad I added the Nasdaq numbers though.  I think NDQ is probably a good proxy for inflation+economic growth, so the 1827% may be a pretty good indicator of bitcoin's organic growth.
cypherdoc (OP)
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May 17, 2013, 04:08:14 PM
Last edit: May 17, 2013, 04:41:11 PM by cypherdoc
 #4934

News flash from Jane Wells:

"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

That's hugely positive news more so than the atm in the cnbs piece.

http://video.cnbc.com/gallery/?play=1&video=3000169018

the absurdity is highlighted in this well written article by Michael Suede:  http://www.policymic.com/articles/42301/bitcoin-price-2013-feds-seize-funds-of-world-s-largest-bitcoin-exchange-on-dubious-legal-grounds

i would suggest that Karpeles quote Bart Chilton during his defence of the DHS by saying, "well, Bart said, Bitcoins don't exist so how can i be a money transmitter?"
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May 17, 2013, 04:41:40 PM
 #4935

This remains an epic thread.

cypherdoc (OP)
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May 17, 2013, 05:25:44 PM
 #4936

Gold sinking further, Bitcoin UP.

Sorry boys.
marcus_of_augustus
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Eadem mutata resurgo


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May 17, 2013, 11:08:12 PM
 #4937

Quote
"Chilton said 'Bitcoins don't exist and I didn't want to regulate them or put the government's stamp of approval on them'."

Quote of the week ... sounds like he got some pressure from banksters to "DO SOMETHING!!!" ... took a look into them, came out with lame "bitcoin-derivative stuff" ... then said, ah fuck it, too hard.

"They don't exist and then they are not my problem"

Frozenlock
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May 18, 2013, 01:41:27 AM
 #4938

Gold sinking further, Bitcoin UP.

Sorry boys.

Currently reading the "Gold: I smell trap" thread. (Very long, but interesting read!)

I'm starting to believe I should have sold my precious metals.  Cry
thezerg
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May 18, 2013, 03:24:57 AM
 #4939

Gold sinking further, Bitcoin UP.

Sorry boys.

Here's to hoping I have to do another update tomorrow!  Gold price almost warrants it!
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May 18, 2013, 06:59:28 AM
 #4940

Chinese are going crazy buying gold. Grannies and grandpas queuing up to buy any gold they can get their hands on... necklaces etc.

Hope it lasts, I want to print off flyers for Bitcoin and sprinkle them around the gold shops. Bit of a high-risk endeavour though.

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