cypherdoc (OP)
Legendary
 Offline
Activity: 1764
Merit: 1002
|
 |
April 10, 2012, 04:02:48 PM |
|
If it happens, I'll be the first to admit it and gladly pay up for a great call. I just dont' see it happening  so will i. never hurts to have a little fun on the side. |
|
|
|
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
waveaddict
|
|
April 10, 2012, 04:27:39 PM |
|
why don't you guys just set up the bet on betsofbitco.in? I might join in on the fun then  |
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
April 10, 2012, 04:38:02 PM |
|
clinging desperately to the last vestige of your investment thesis. won't last long i assure you... Actually I wouldn't touch AAPL with a 10 foot pole.. But I don't think its done, it could easily go to 750+ or so short term, but I don't want to try to call the top.. I don't think it will crash when it tops out either, just bounce along like Microsoft did for 10 years after the dotcom crash. I've never posted a thesis, or claimed to be an expert, or sell my advice. I just think your plain wrong that the market is about to crash, that gold/silver are about to crash. You've been claiming for a month now that they are about to crash, and you can pick corners. You missed. It might not be crashing, but even my tiny $200 position with 5% commission is sitting in the green as of today. |
|
|
|
MatthewLM
Legendary
Offline
Activity: 1190
Merit: 1004
|
|
April 10, 2012, 04:43:16 PM |
|
Down goes gold...
...Up goes gold... |
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
April 10, 2012, 04:54:57 PM |
|
Down goes gold...
...Up goes gold... That's a pretty nice jump. |
|
|
|
bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
|
April 10, 2012, 06:03:36 PM |
|
Down goes gold...
...Up goes gold... That's a pretty nice jump. But silver is still down for the day.  |
College of Bucking Bulls Knowledge
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
|
April 10, 2012, 06:49:57 PM |
|
Stocks are down; gold and silver are steady. One day does not make a trend, and the typical CoT reporting games may still have occurred.
Anyway, the dynamic is unfolding exactly as FOFOA, Mike Maloney, et al. have described. Bitcoin is a great protector, but it's still foolish to discount physical precious metals.
Fixed. Two days in a row now. Nothing more need be said. I'm now convinced the (failed so far) assault on precious metals was forecasted by Bitcoin movement over the weekend. But silver is still down for the day. For multiple reasons, silver is more volatile. Gold being the bigger sibling, the smaller slingshots around - first accelerating and exceeding, then slowing to fall faster. It'll catch up. More goodies from KWN: Von Greyerz - Chinese Imports of Gold are Massive Right Now"We are also seeing big money moving gold they own out of the banking system and into the vaults outside of the banking system. People are simply not trusting the banks.
This is what we’ve been arguing for a long time. As long as you keep your gold within the banking system, you do not know who the gold belongs to. The gold could be encumbered. It could belong to a central bank. It could be double-counted by the bank. This is why the smart money is taking their gold outside of the banking system and securing it in separate vaults. We are also seeing large money flows into physical gold right now."
|
|
|
|
|
MatthewLM
Legendary
Offline
Activity: 1190
Merit: 1004
|
|
April 10, 2012, 07:21:53 PM |
|
And silver is influenced more strongly from manipulators, if they are about.
|
|
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
|
April 10, 2012, 07:38:53 PM |
|
And silver is influenced more strongly from manipulators, if they are about.
Speaking of silver - if true, there are only two words appropriate: Oh, sh... USAGOLD: RT @zerohedge: JPM provides notice of intent to rehypothecate S from Spain. Promises to leave pain for the foreseeable future Original Message: http://twitter.com/USAGOLD/status/189796419773808640 |
|
|
|
|
bitcool
Legendary
Offline
Activity: 1441
Merit: 1000
Live and enjoy experiments
|
|
April 10, 2012, 11:21:14 PM |
|
Speaking of silver - if true, there are only two words appropriate: Oh, sh... USAGOLD: RT @zerohedge: JPM provides notice of intent to rehypothecate S from Spain. Promises to leave pain for the foreseeable future Original Message: http://twitter.com/USAGOLD/status/189796419773808640Two words: why bother? JPM will do whatever it's going to do, does it really need any pretence while breaking that oh-so-broken law? ... Even though it has been long predicted by the gold bugs, actual seeing the decoupling of stocks and metals is still hard to believe. One day doesn't make a trend, maybe it's yet another trap? maybe some rich guy just realized what a fool Dennis Gartman really is and bought back his gold? maybe the plunge protection team was busy elsewhere today and will come back tomorrow? who knows, we'll see. |
|
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
|
April 11, 2012, 12:14:15 AM |
|
Two words: why bother? JPM will do whatever it's going to do, does it really need any pretence while breaking that oh-so-broken law?
Exactly. Major players don't broadcast their moves... One day doesn't make a trend, maybe it's yet another trap? maybe some rich guy just realized what a fool Dennis Gartman really is and bought back his gold? maybe the plunge protection team was busy elsewhere today and will come back tomorrow? who knows, we'll see.
Again, exactly. If you broadcast your move, it's like talking a position. What would happen if a nation's silver were stolen? Silver buying takes off. With unlimited short ammunition, the price can still be managed. Once buying tires itself out after being capped for a while, the real pressure hits. The hope there is that additional longs will decide to dump their holdings in addition to the fresh ones as the price dips again. It's the same thing that's happened at Bitcoinica this month so far. I suspect today's spike was short covering designed to free up some ammo. If so, $1630 probably hasn't been tested for the last time. |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
April 11, 2012, 03:54:50 PM |
|
Down go gold and silver. Apple's weakening. |
|
|
|
|
bitcool
Legendary
Offline
Activity: 1441
Merit: 1000
Live and enjoy experiments
|
|
April 11, 2012, 04:30:21 PM |
|
Yeaaaah~~~ cypherdoc is right~~~ gold down 30 cents ~~~ hurry, open the champagne and celebrate!
Seriously, I feel this thread is getting old and we should find something more interesting to talk about ~~~ but he has the right to troll his own thread right?
|
|
|
|
|
silverbox
Legendary
Offline
Activity: 966
Merit: 1003
|
|
April 11, 2012, 04:52:43 PM |
|
. AAPL is too big to fail!! The only problem with AAPL products, is that there is a finite number of people on the planet |
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
|
April 11, 2012, 05:21:03 PM |
|
. AAPL is too big to fail!! The only problem with AAPL products, is that there is a finite number of people on the planet Who, if they're fulling on board with the Apple craze, will feel compelled to upgrade to the newest Apple product every year to every other year. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
S3052
Legendary
Offline
Activity: 2100
Merit: 1000
|
|
April 11, 2012, 05:21:23 PM |
|
. AAPL is too big to fail!! |
|
|
|
silverbox
Legendary
Offline
Activity: 966
Merit: 1003
|
|
April 11, 2012, 06:13:46 PM |
|
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
April 11, 2012, 06:45:57 PM |
|
oh noes!  |
|
|
|
|
bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
|
April 11, 2012, 09:29:45 PM |
|
oh noes! Interesting divergence: AAPL down on a day that SPY is up. Weren't some analysts calling for $1,000?  |
College of Bucking Bulls Knowledge
|
|
|
miscreanity
Legendary
Offline
Activity: 1316
Merit: 1005
|
|
April 11, 2012, 10:30:07 PM
Last edit: April 12, 2012, 10:18:30 PM by miscreanity |
|
Stocks are down steady; USD steady below 80; gold and silver are steady. One day does not make a trend, and the typical CoT reporting games may still have occurred.
Anyway, the dynamic is unfolding exactly as Jim Sinclair, FOFOA, Mike Maloney, et al. have described. Bitcoin is a great protector, but it's still foolish to discount physical precious metals.
Fixed again. Three days now. Added the dollar, which is down from last week and is still unable to make headway despite an initial exodus from equities - even bonds are struggling. It looks like that flow been going into... gold (in particular - physical). Speaking of which, gold has been following Bitcoin's weekend path.  |
|
|
|
|
|
Poll
