TeeBone
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February 17, 2014, 01:25:19 AM |
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Metals off to the races again to start the week.
If gold busts thru 1360 resistance this week, watch out things could get interesting.
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knightcoin
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Activity: 238
Merit: 100
Stand on the shoulders of giants
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February 17, 2014, 01:32:17 AM |
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Metals off to the races again to start the week.
If gold busts thru 1360 resistance this week, watch out things could get interesting.
I have read on financial times newspaper this weekend about it... the funny thing is that gold article called "Gold burnished by dollar weakness and poor US data" is just at the same page of bitcoin article by Stephen Foley "bitcoin hack exposes virtual currency's weak spot"
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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February 17, 2014, 01:40:48 AM |
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Bitcoin and Litecoin will still outperform the metals in 2014 Year over year. Metals are a good place to store wealth as well as other hard assets. Diversify accordingly. Always reminds me of that saying involving one's eggs in a basket.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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February 17, 2014, 11:24:21 AM |
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Gold:BTC=2:1 is just about right for a reversal.
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Adrian-x
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Activity: 1372
Merit: 1000
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February 17, 2014, 07:23:25 PM |
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Gold:BTC=2:1 is just about right for a reversal.
This gold push times nicely with JP Morgan's public dismissal of Bitcoin.
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Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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User705
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Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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February 18, 2014, 01:50:50 AM |
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Gold:BTC=2:1 is just about right for a reversal.
This gold push times nicely with JP Morgan's public dismissal of Bitcoin. The tinfoil hat theory is they are letting the gold price go up after the big scare of gold/XBT parity.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 18, 2014, 03:18:11 AM Last edit: February 25, 2014, 01:39:05 AM by marcus_of_augustus |
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Gold:BTC=2:1 is just about right for a reversal.
This gold push times nicely with JP Morgan's public dismissal of Bitcoin. The tinfoil hat theory is they are letting the gold price go up after the big scare of gold/XBT parity. It is not as 'tinfoil hatted' as you disparagingly put it .... the one thing the banksters still do have as a foil to crypto is gold, silver is gone though. Even though it is their whipping boy now and shines a harmful light of truth on their wicked fiat games the bankers still keep gold close, albeit in a cage of their choosing. Crypto could create the seemingly paradoxical situation where the current fiat-meisters become gold pumpers as they grasp for their last chance at relevancy. That is some time away though. We could see transferable digital gold products backed by western banks, even central banks, competing with crypto in the digital money space. The very same products they have prosecuted e-gold for producing and regulated out of existence, Gold Money and others they may well come to pump as their saviours.
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TeeBone
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February 24, 2014, 04:20:32 PM |
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gold UP, btc in the DUMPS
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Dusty
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February 28, 2014, 04:28:58 PM |
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ErisDiscordia
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Activity: 1133
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Imposition of ORder = Escalation of Chaos
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March 03, 2014, 04:06:19 PM |
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Gold UP, Bitcoin UP!
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It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
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boumalo
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Activity: 1918
Merit: 1018
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March 03, 2014, 05:01:21 PM |
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gold UP, btc in the DUMPS bitcoin is up today and Gold as well, Stocks are down and Dollar has been down lately, maybe it is finally the start of what is overdue, Janet Yellen will stops tapering right after it started and the FED will increase QE It may be the last time to get bitcoins and gold cheaply before the price goes up a lot and everyone want to buy
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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March 03, 2014, 05:12:15 PM |
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gold UP, btc in the DUMPS bitcoin is up today and Gold as well, Stocks are down and Dollar has been down lately, maybe it is finally the start of what is overdue, Janet Yellen will stops tapering right after it started and the FED will increase QE It may be the last time to get bitcoins and gold cheaply before the price goes up a lot and everyone want to buy Bitcoin is up roughly 4-5x the % that gold is up today. it's a matter of what's going to run up the fastest and the furthest with time.
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ErisDiscordia
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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March 03, 2014, 05:14:06 PM |
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gold UP, btc in the DUMPS bitcoin is up today and Gold as well, Stocks are down and Dollar has been down lately, maybe it is finally the start of what is overdue, Janet Yellen will stops tapering right after it started and the FED will increase QE It may be the last time to get bitcoins and gold cheaply before the price goes up a lot and everyone want to buy Bitcoin is up roughly 4-5x the % that gold is up today. it's a matter of what's going to run up the fastest and the furthest with time. I subscribe to your overall view of Gold collapsing, Bitcoin UP. But I think we will see one more big bull run with Gold. Also Gold AND Bitcoin going UP and fiat going DOWN makes me happy
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It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
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cypherdoc (OP)
Legendary
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Activity: 1764
Merit: 1002
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March 03, 2014, 05:27:20 PM |
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gold UP, btc in the DUMPS bitcoin is up today and Gold as well, Stocks are down and Dollar has been down lately, maybe it is finally the start of what is overdue, Janet Yellen will stops tapering right after it started and the FED will increase QE It may be the last time to get bitcoins and gold cheaply before the price goes up a lot and everyone want to buy Bitcoin is up roughly 4-5x the % that gold is up today. it's a matter of what's going to run up the fastest and the furthest with time. I subscribe to your overall view of Gold collapsing, Bitcoin UP. But I think we will see one more big bull run with Gold. Also Gold AND Bitcoin going UP and fiat going DOWN makes me happy we need to suck those goldbug bulls in one last time. the finale.
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cypherdoc (OP)
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Activity: 1764
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March 03, 2014, 05:37:00 PM |
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i wanted to comment on this new exchange that is forming on Second Market.
i don't like the sounds of how it's being structured. seems eerily similar to the London Gold Fix and also how the banks have rigged Libor. anytime you get a dozen or so banks on the telephone to determine the price of something, you're asking for trouble. we know they rigged interest rates and probably have tried to rig gold as well.
from what Barry Silbert talked about on Bloomberg, doing a twice daily Bitcoin price fix based on what a bunch of banks say the price is would be ridiculous. i'd rather rely on Bitstamp to be quite honest.
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thezerg
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March 03, 2014, 05:54:34 PM |
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Cypherdoc,
Y u no?
BOOM!!!
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cypherdoc (OP)
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Activity: 1764
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March 03, 2014, 06:02:16 PM |
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Cypherdoc,
Y u no?
BOOM!!!
LOL,zerg, why you no UPDATE!
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thezerg
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March 03, 2014, 06:24:34 PM |
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lol I deserved that. Update coming soon... will edit this response.
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Melbustus
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Merit: 1004
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March 03, 2014, 06:24:43 PM |
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i wanted to comment on this new exchange that is forming on Second Market.
i don't like the sounds of how it's being structured. seems eerily similar to the London Gold Fix and also how the banks have rigged Libor. anytime you get a dozen or so banks on the telephone to determine the price of something, you're asking for trouble. we know they rigged interest rates and probably have tried to rig gold as well.
from what Barry Silbert talked about on Bloomberg, doing a twice daily Bitcoin price fix based on what a bunch of banks say the price is would be ridiculous. i'd rather rely on Bitstamp to be quite honest.
Yes, agreed. I haven't read too deeply on SecondMarket's plans - why is Barry going that route? He seems to otherwise be spot-on with all things bitcoin/markets related.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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