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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032135 times)
wachtwoord
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May 28, 2014, 07:58:17 PM
 #8441

This is the best I could do (I don't have access to a text version so auto translate won't work).

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bitcoinsrus
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May 28, 2014, 08:00:15 PM
 #8442

This is the best I could do (I don't have access to a text version so auto translate won't work).



Thanks appreciated.  (Now only if I could read it  Tongue)
cypherdoc (OP)
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May 30, 2014, 11:34:04 AM
 #8443

Gold Collapsing. Bitcoin UP.
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May 30, 2014, 12:30:47 PM
 #8444

I love Breakaways.

Everyone gets that deer in the headlights look.
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May 30, 2014, 02:23:56 PM
 #8445

I love Breakaways.

Everyone gets that deer in the headlights look.

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May 30, 2014, 02:28:28 PM
 #8446

I love Breakaways.

Everyone gets that deer in the headlights look.



no, i said headlights.  as in "about to be run over":

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May 30, 2014, 02:31:11 PM
 #8447

oopsy:



Peter Schiff is selling.
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May 30, 2014, 03:34:56 PM
 #8448

hey Teebone,

is gold still laughing?
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May 30, 2014, 03:55:33 PM
 #8449

getting uglier:

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May 30, 2014, 03:59:28 PM
 #8450

Gold and BTC have one hell of a relationship..  It's like freaking clock work.. BTC up gold down..  Gold up BTC down.
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May 30, 2014, 04:15:38 PM
 #8451

Where's Mark Williams these days?

From December:

"One of the harshest critics is Mark Williams, who teaches finance at the Boston University School of Management. He predicts that in the first half of 2014, bitcoins will lose almost 99 percent of their value, falling below $10. "

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

Just bugs me to no end that there's essentially no career risk for these "experts" to make such harsh predictions and be so thoroughly wrong. If an engineer is ever that wrong, bad things happen, and they don't get work again. When a finance/econ guy is aggressive, harsh, willfully ignorant, and ultimately dead-wrong....his career is usually just fine.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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May 30, 2014, 04:20:40 PM
 #8452

Where's Mark Williams these days?

From December:

"One of the harshest critics is Mark Williams, who teaches finance at the Boston University School of Management. He predicts that in the first half of 2014, bitcoins will lose almost 99 percent of their value, falling below $10. "

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

Just bugs me to no end that there's essentially no career risk for these "experts" to make such harsh predictions and be so thoroughly wrong. If an engineer is ever that wrong, bad things happen, and they don't get work again. When a finance/econ guy is aggressive, harsh, willfully ignorant, and ultimately dead-wrong....his career is usually just fine.

Someone should hold him accountable... do an interview with him and get his response (today) about being so wrong on record.
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May 30, 2014, 04:23:18 PM
 #8453

Where's Mark Williams these days?

From December:

"One of the harshest critics is Mark Williams, who teaches finance at the Boston University School of Management. He predicts that in the first half of 2014, bitcoins will lose almost 99 percent of their value, falling below $10. "

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

Just bugs me to no end that there's essentially no career risk for these "experts" to make such harsh predictions and be so thoroughly wrong. If an engineer is ever that wrong, bad things happen, and they don't get work again. When a finance/econ guy is aggressive, harsh, willfully ignorant, and ultimately dead-wrong....his career is usually just fine.

Yep, so called "experts" have been making wrong predictions throughout time, some of them so blatantly wrong it's ridiculous.  Especially in the last 100 years or so.  And since there is zero penalty for some "expert" asshat to made a terribly wrong prediction, it will just continue ad nauseum in the future.

http://www.rinkworks.com/said/predictions.shtml

http://www.professorbitcorn.com

Mark Williams has 30 days left to be correct, or get laughed out of existence.  It's completely plausible that we may see an ATH in 30 days or so, which would be even funnier.
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May 30, 2014, 04:50:47 PM
 #8454

...
Mark Williams has 30 days left to be correct, or get laughed out of existence.  
...


Except that he'll just say "Ok, my prediction was early. It'll still happen." And then happily continue to take his paycheck.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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May 30, 2014, 04:58:54 PM
 #8455

...
Mark Williams has 30 days left to be correct, or get laughed out of existence.  
...


Except that he'll just say "Ok, my prediction was early. It'll still happen." And then happily continue to take his paycheck.

This.

There is only 1 way BTC goes to $10,  someone cracks SHA.
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May 30, 2014, 05:07:41 PM
 #8456

Silver getting slaughtered, long term 19 support gone.


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cypherdoc (OP)
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May 30, 2014, 05:08:50 PM
 #8457

Silver getting slaughtered, long term 19 support gone.

yes, but Goat is getting richer.
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May 30, 2014, 05:41:25 PM
 #8458

Where's Mark Williams these days?

From December:

"One of the harshest critics is Mark Williams, who teaches finance at the Boston University School of Management. He predicts that in the first half of 2014, bitcoins will lose almost 99 percent of their value, falling below $10. "

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

Just bugs me to no end that there's essentially no career risk for these "experts" to make such harsh predictions and be so thoroughly wrong. If an engineer is ever that wrong, bad things happen, and they don't get work again. When a finance/econ guy is aggressive, harsh, willfully ignorant, and ultimately dead-wrong....his career is usually just fine.
In a public debate setting, Mark Williams actually admitted to Barry Silbert that he owned Bitcoin, so it looks like he is an unsure skeptic, hedging his bets.  And in a coindesk interview he seemed fare more moderate and cautionary than he was in the senate herring, I think he has come around.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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May 30, 2014, 06:26:48 PM
 #8459

Gold and BTC have one hell of a relationship..  It's like freaking clock work.. BTC up gold down..  Gold up BTC down.

I wait the time when they will both shoot up to new highs unbelievable now

Sadly a lot of bad news will happen soon for the western financial sectors; the States and some European Countries keep having a public deficit, a commercial deficit and increasing unfunded liabilities

cypherdoc (OP)
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May 30, 2014, 07:28:34 PM
 #8460

Gold and BTC have one hell of a relationship..  It's like freaking clock work.. BTC up gold down..  Gold up BTC down.

I wait the time when they will both shoot up to new highs unbelievable now

Sadly a lot of bad news will happen soon for the western financial sectors; the States and some European Countries keep having a public deficit, a commercial deficit and increasing unfunded liabilities

Through most of history there's only been one true form of money, gold. Occasionally, we've had short periods of bi-metallism.

To think it will be any different with Bitcoin and gold, or Bitcoin and altcoins is to defy history.
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