molecular
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January 21, 2014, 07:51:15 AM |
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But nevertheless, some shifting from gold into BTC could boost the price.
This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to. Selling some gold to buy Bitcoin... *raises his hand* You are not alone: https://www.youtube.com/watch?v=WMilJzD3pL0#t=1282 (listen for 60 seconds or so). "Family offices" are moving some of their gold portfolio into Bitcoin. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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January 21, 2014, 10:47:26 AM |
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Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ... I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ... |
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Dr Bloggood
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January 21, 2014, 01:49:12 PM |
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But nevertheless, some shifting from gold into BTC could boost the price.
This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to. Selling some gold to buy Bitcoin... *raises his hand* I have the feeling that Bitcoin is NOW, while it may take a bit more time for gold and silver. The main reason for that is the heavy manipulation of the PMs, which is (hopefully) not the case for BTC, and of course the small market saturation/market cap of BTC is just an enormous opportunity. The PMs time will come big time once the manipulation can no longer be held up. JPM is the biggest culprit and alreadt getting sued left and right they are getting out of pms last I heard.. ofcourse after the damage is already done. I suspect both gold and btc to rise together to some extent after stock market peaks. They are still not brought to justice in any suitable form - it's like paying a fine of $100 for a crime with which you made $1000. Makes no sense. They haven't really be getting out of PMs. Also, the rigging is illegal and takes place behind closed curtains with acceptance of the Fed (plus, JP Morgan is earning a shitload of money with it too). |
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Dr Bloggood
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January 21, 2014, 02:04:18 PM |
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But nevertheless, some shifting from gold into BTC could boost the price.
This has most likely already happened to some extent. A lot of the goldbugs "woke up" to Bitcoin last year. Not sure how many of them actually had the balls to put in so much that it required them to sell metal, though, but it's quite possible it was a few of them considering the metal markets hadn't been as much fun as they used to. Selling some gold to buy Bitcoin... *raises his hand* You are not alone: https://www.youtube.com/watch?v=WMilJzD3pL0#t=1282 (listen for 60 seconds or so). "Family offices" are moving some of their gold portfolio into Bitcoin. Yeah, this is interesting, I read this in another interview yesterday, I think some CEO of some BTC fund was interviewed. He was also talking about family offices, and he said people were either selling gold for it OR high-risk assets - which, of curse, is a very curious mixture! But it makes perfect sense... |
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Dr Bloggood
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January 21, 2014, 02:08:05 PM |
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Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ... I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ... There is certainly something in the cooking, it feels like the end of this is incredibly close... However, not sure why DB did that. John Embry's view: But I find it fascinating that Deutsche Bank left the gold price fixing in London. I remember vividly what happened 10 years ago when the Rothschilds left the London fix. At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’
I took a different view. I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500! This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation. Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.html |
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bitdragon
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January 21, 2014, 02:14:39 PM |
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Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ... I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ... There is certainly something in the cooking, it feels like the end of this is incredibly close... However, not sure why DB did that. John Embry's view: But I find it fascinating that Deutsche Bank left the gold price fixing in London. I remember vividly what happened 10 years ago when the Rothschilds left the London fix. At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’
I took a different view. I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500! This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation. Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.htmlfollow the money ! "there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..." |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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January 21, 2014, 02:39:26 PM |
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Nobody asks for delivery....
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knarzo
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January 21, 2014, 03:16:03 PM |
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Nobody asks for delivery....
Nobody has the intention of building a wall.. |
Sic parvis magna
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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January 21, 2014, 06:09:45 PM |
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Nobody asks for delivery....
Did you mean to say that more ask for it, than get it? |
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Dr Bloggood
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January 21, 2014, 06:24:03 PM |
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Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ... I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ... There is certainly something in the cooking, it feels like the end of this is incredibly close... However, not sure why DB did that. John Embry's view: But I find it fascinating that Deutsche Bank left the gold price fixing in London. I remember vividly what happened 10 years ago when the Rothschilds left the London fix. At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’
I took a different view. I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500! This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation. Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.htmlfollow the money ! "there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..." WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station? All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July. |
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vokain
Legendary
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Activity: 1834
Merit: 1019
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January 21, 2014, 06:43:34 PM |
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Yep, looks like the germanic branch of the cartel has taken umbrage at not getting it's gold back from the yanks in a timely manner ... we are v. close to the full-blown family bust up ... I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ... There is certainly something in the cooking, it feels like the end of this is incredibly close... However, not sure why DB did that. John Embry's view: But I find it fascinating that Deutsche Bank left the gold price fixing in London. I remember vividly what happened 10 years ago when the Rothschilds left the London fix. At that point the gold market was still laboring around $400, and everybody said, ‘Oh my God, the Rothschilds are leaving the London fix, this must mean there is no future whatsoever for the gold market.’
I took a different view. I said they (the Rothschilds) were going ‘underground’ because they wanted to participate in the massive upside they knew was coming, and over the next 7 years the gold price went up over $1,500! This is why I think Deutsche Bank leaving the London gold fix is so huge, along with that German revelation. Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/1/20_The_Rothschilds%2C_Deutsche_Bank_%26_The_Final_End_Game.htmlfollow the money ! "there may not be enough gold to go around if everyone with a futures contract insists on taking delivery of physical bullion ... Knippa warns that if 1 entity asks for delivery of a position-limit-size long in gold, it will absorb 81% of COMEX's inventory... and if 2 entities were to do so... COMEX has a problem..." WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station? All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July. yep, china just announced they more than doubled their gold reserves to something like 2700 tons from 1000 tons when they last counted in 2009. everyone posturing I would imagine Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away |
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Dr Bloggood
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January 21, 2014, 06:47:05 PM |
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WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station?
All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July.
yep, china just announced they more than doubled their gold reserves to something like 2700 tons from 1000 tons when they last counted in 2009. everyone posturing I would imagine Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their future % gains will ever converge or if Bitcoin will just continue moving up and away For sure they have more than 2700 tons now, that number is just a ridiculous understatement. |
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jojo69
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Activity: 3150
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diamond-handed zealot
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January 21, 2014, 07:06:09 PM |
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I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that ...interesting, to say the least  |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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molecular
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Activity: 2772
Merit: 1019
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January 21, 2014, 08:05:12 PM |
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Nobody asks for delivery....
...and returns with gold. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Dr Bloggood
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January 21, 2014, 08:51:23 PM |
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Nobody asks for delivery....
...and doesn't cry themselves to sleep. |
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Ducky1
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January 21, 2014, 08:58:57 PM |
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Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away
I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left? |
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molecular
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Activity: 2772
Merit: 1019
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January 21, 2014, 09:07:23 PM |
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Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away
I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left? Are you kidding? Of course it's not safe. How about just buying physical? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 21, 2014, 09:16:17 PM |
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I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that ...interesting, to say the least shes looking at those bars thinking what % she will sell for bitcoin. look at her face its OBVIOUS! |
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