cypherdoc (OP)
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August 20, 2014, 05:34:39 PM |
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shorts coming down. time to leverage USD:
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cypherdoc (OP)
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August 20, 2014, 06:02:32 PM |
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Gold collapsing. Bitcoin up.
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cypherdoc (OP)
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August 20, 2014, 06:03:31 PM |
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USD ramping...
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cypherdoc (OP)
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August 20, 2014, 06:04:16 PM |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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August 20, 2014, 06:08:25 PM |
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This is baddish for inflation-adjusted bitcoin prices too, no? Protection from inflation is one of the drivers for bitcoin adoption. Still, talk is cheap, let's see what they really do.
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cypherdoc (OP)
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August 20, 2014, 06:12:28 PM |
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This is baddish for inflation-adjusted bitcoin prices too, no? Protection from inflation is one of the drivers for bitcoin adoption. Still, talk is cheap, let's see what they really do. i used to think that but i've changed my mind. until i'm proven wrong. Bitcoin being such a technological revolutionary force for money might actually thrive no matter we get deflation or inflation. it's supermoney. as an optimist for the future b/c of technology, a shift to a supermoney like Bitcoin could actually be the cause of deflation of all other assets, which could be a good thing. a move to sound money will help everyone, not just a select few. as we see for now, Bitcoin rising in the face of the announcement. it's TIME.
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cypherdoc (OP)
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August 20, 2014, 06:16:54 PM |
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Bitcoin UP, everything else DOWN.
except for the USD of course. but if Bitcoin ends up being used as a backing for the USD as a reserve currency, then that would make sense.
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smoothie
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August 20, 2014, 06:18:59 PM |
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Bitcoin UP, everything else DOWN.
Wrong: https://bitcoinwisdom.com/markets/btce/ltcbtc and https://bitcoinwisdom.com/markets/btce/ltcusd Cypher you know better than to spread misinformation. Come on man.
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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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chriswilmer
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August 20, 2014, 06:19:13 PM |
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This is baddish for inflation-adjusted bitcoin prices too, no? Protection from inflation is one of the drivers for bitcoin adoption. Still, talk is cheap, let's see what they really do. i used to think that but i've changed my mind. until i'm proven wrong. Bitcoin being such a technological revolutionary force for money might actually thrive no matter we get deflation or inflation. it's supermoney. as an optimist for the future b/c of technology, a shift to a supermoney like Bitcoin could actually be the cause of deflation of all other assets, which could be a good thing. a move to sound money will help everyone, not just a select few. as we see for now, Bitcoin rising in the face of the announcement. it's TIME. I agree with cypherdoc... but I would put it more simply. Bitcoin is just very small right now and its behavior/price isn't dominated by macroeconomic trends. Once the it is being used by more than 1% of the world's population, then I think its price will be closely correlated with things like GDP and the relative inflation rates of other currencies.
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smoothie
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August 20, 2014, 06:21:54 PM |
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This is baddish for inflation-adjusted bitcoin prices too, no? Protection from inflation is one of the drivers for bitcoin adoption. Still, talk is cheap, let's see what they really do. i used to think that but i've changed my mind. until i'm proven wrong. Bitcoin being such a technological revolutionary force for money might actually thrive no matter we get deflation or inflation. it's supermoney. as an optimist for the future b/c of technology, a shift to a supermoney like Bitcoin could actually be the cause of deflation of all other assets, which could be a good thing. a move to sound money will help everyone, not just a select few. as we see for now, Bitcoin rising in the face of the announcement. it's TIME. I agree with cypherdoc... but I would put it more simply. Bitcoin is just very small right now and its behavior/price isn't dominated by macroeconomic trends. Once the it is being used by more than 1% of the world's population, then I think its price will be closely correlated with things like GDP and the relative inflation rates of other currencies. Bitcoin is tiny right now in comparison to the world's total derivatives markets.
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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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August 20, 2014, 06:24:07 PM |
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chriswilmer
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August 20, 2014, 06:26:00 PM |
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I have a soft spot for Litecoin... but I would be wary of holding it if Bitcoin starts uber-rallying.
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cypherdoc (OP)
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August 20, 2014, 06:31:16 PM |
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penetration of the support as called. plunge incoming:
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Lowryder
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August 20, 2014, 06:43:15 PM |
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Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week how'd you know all those bars were filled with tungsten? oh, you didn't? Of course I didn't. I just assumed they were gold for this thought experiment. How many of "those" you own?
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smoothie
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August 20, 2014, 06:52:41 PM |
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So let's not address what I just posted. Okay moving on...
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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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August 20, 2014, 07:05:17 PM |
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So let's not address what I just posted. Okay moving on... ok, you're serious. (btw, you added that last sentence after i responded ) let me define what i think of as "everything" --> stocks, bonds, oil, gold, silver, soft commodities, and some fiat currencies. i DON"T include Litecoin or any of the alts unless i specify them.
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cypherdoc (OP)
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August 20, 2014, 07:12:10 PM |
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jam the shorts, baby.
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cypherdoc (OP)
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August 20, 2014, 07:15:14 PM |
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Dear Shorts, it's only going to get worse when that little green line turns UP. Sincerely, cypherdoc
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smoothie
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August 20, 2014, 07:15:22 PM |
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So let's not address what I just posted. Okay moving on... ok, you're serious. (btw, you added that last sentence after i responded ) let me define what i think of as "everything" --> stocks, bonds, oil, gold, silver, soft commodities, and some fiat currencies. i DON"T include Litecoin or any of the alts unless i specify them. Ok so it is "everything". Gotcha.
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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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