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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032126 times)
TeeBone
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February 17, 2014, 01:25:19 AM
 #7701

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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February 17, 2014, 01:32:17 AM
 #7702

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"

http://www.introversion.co.uk/
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February 17, 2014, 01:40:48 AM
 #7703

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. Grin

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cypherdoc (OP)
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February 17, 2014, 11:24:21 AM
 #7704

Gold:BTC=2:1  is just about right for a reversal.
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February 17, 2014, 01:09:05 PM
 #7705


correct, creator of the norfed or liberty dollar project.

http://en.wikipedia.org/wiki/Liberty_Dollar

space for rent, shilling for sats
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February 17, 2014, 07:23:25 PM
 #7706

Gold:BTC=2:1  is just about right for a reversal.
This gold push times nicely with JP Morgan's public dismissal of Bitcoin.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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February 18, 2014, 01:50:50 AM
 #7707

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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February 18, 2014, 03:18:11 AM
Last edit: February 25, 2014, 01:39:05 AM by marcus_of_augustus
 #7708

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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February 24, 2014, 04:20:32 PM
 #7709

gold UP, btc in the DUMPS  Kiss
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February 28, 2014, 04:28:58 PM
 #7710

Gold Fix Study Points to Decade of Bank Manipulation

3 reasons why gold rises despite price fix scandal

Articoli bitcoin: Il portico dipinto
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March 03, 2014, 04:06:19 PM
 #7711

Gold UP, Bitcoin UP!  Grin


It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
boumalo
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March 03, 2014, 05:01:21 PM
 #7712

gold UP, btc in the DUMPS  Kiss

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

cypherdoc (OP)
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March 03, 2014, 05:12:15 PM
 #7713

gold UP, btc in the DUMPS  Kiss

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.
ErisDiscordia
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March 03, 2014, 05:14:06 PM
 #7714

gold UP, btc in the DUMPS  Kiss

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  Cheesy

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
cypherdoc (OP)
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March 03, 2014, 05:27:20 PM
 #7715

gold UP, btc in the DUMPS  Kiss

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  Cheesy

we need to suck those goldbug bulls in one last time.

the finale.
cypherdoc (OP)
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March 03, 2014, 05:37:00 PM
 #7716

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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March 03, 2014, 05:54:34 PM
 #7717

Cypherdoc,

Y u no?

BOOM!!!
cypherdoc (OP)
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March 03, 2014, 06:02:16 PM
 #7718

Cypherdoc,

Y u no?

BOOM!!!


LOL,zerg, why you no

UPDATE!
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March 03, 2014, 06:24:34 PM
 #7719

lol I deserved that.  Update coming soon... will edit this response.
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March 03, 2014, 06:24:43 PM
 #7720

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.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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