ShroomsKit_Disgrace
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Yeah! I hate ShroomsKit!
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September 19, 2014, 02:40:49 PM |
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2^11 is 2016?
it's 2048 on my calculator ) 2016 is 2048 after an integer overflow. It is also the year when 1BTC = 1million $.
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cypherdoc (OP)
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September 19, 2014, 02:56:43 PM |
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let me emphasize this point once again.
as long as gold and silver are falling, there is no reason you should be selling your Bitcoin.
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cypherdoc (OP)
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September 19, 2014, 02:58:29 PM |
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silver criticality incoming.
first critical breach is $19 for psychological reasons. then 18.70, finally 18.17.
first breach accomplished second breach accomplished third breach accomplished. Mission complete.
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cypherdoc (OP)
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September 19, 2014, 02:59:38 PM |
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ugly, just ugly:
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cypherdoc (OP)
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September 19, 2014, 03:01:14 PM |
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gold sliding down the mountain. soon to go over the cliff following silver:
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cypherdoc (OP)
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September 19, 2014, 03:04:55 PM |
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miners still look like crap: GDX: GDXJ:
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cypherdoc (OP)
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September 19, 2014, 03:08:15 PM |
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since everyone prefers things that go UP, here are my double shorts. thank gaud for them to help blunt this Bitcoin dip: notice how ZSL has blown thru two resistance levels today. yowser!:
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cypherdoc (OP)
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September 19, 2014, 03:14:26 PM |
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i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin:
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cypherdoc (OP)
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September 19, 2014, 03:20:00 PM |
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these 2 charts are the most unpredictable of all, UST's and USD. one, or both of them, won't do well in the next crisis: looks like TLT is starting to hook up again=more blackhole sh*t: here's the USD trying to get back over resistance and off to the races we're in the window of the daily cycle bottom which probably occurred on 9/16 but i'd like more confirmation:
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_mr_e
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September 19, 2014, 03:25:38 PM |
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i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin: "Should" is the scary word here
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Melbustus
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September 19, 2014, 03:34:15 PM |
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these 2 charts are the most unpredictable of all, UST's and USD. one, or both of them, won't do well in the next crisis: ...
I think USTs will do fine, comparatively (or at least for a while while other stuff crashes first). For the simple reason that we know the Fed is ready, willing, and able to do massive QE. They will support the price of USTs at the expense of the dollar. Obviously there's a limit, but I think they'll really push it in a crises that threatens to crush bonds. Perhaps oddly, USTs are therefore more "mighty" than the dollar.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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cypherdoc (OP)
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September 19, 2014, 03:37:20 PM |
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i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin: "Should" is the scary word here no kidding its during times like these that reading technical articles about the math behind Bitcoin restores confidence in what we're dealing with. read Graf's article i posted above. also, ignore idiots like Severro. notice how those punks never enter this thread except for the one time fallling dared to post? they don't dare to hang out in threads where there is actual intelligent ppl and discussion going on. plus, i'd rip him to shreds. he never talks about anything technical b/c i'm sure he doesn't understand what Bitcoin is or what it represents. he just a hired troll used to scare the weak minded.
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Melbustus
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September 19, 2014, 03:48:02 PM |
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... "Should" is the scary word here no kidding its during times like these that reading technical articles about the math behind Bitcoin restores confidence in what we're dealing with. read Graf's article i posted above. also, ignore idiots like Severro. notice how those punks never enter this thread except for the one time fallling dared to post? they don't dare to hang out in threads where there is actual intelligent ppl and discussion going on. plus, i'd rip him to shreds. he never talks about anything technical b/c i'm sure he doesn't understand what Bitcoin is or what it represents. he just a hired troll used to scare the weak minded. Or just watch that Wences video I keep posting. The trolls can think and post what they want, but the reality is that bitcoin is an unprecedented advance in the technology of money, and given the extraordinary efficiency gains inherent in improving the one technology that moves all value around the world, it'll slowly but surely seep into the core of global human exchange. Let the weak-minds do what they do best: emotionally react rather than intelligently evaluate.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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cypherdoc (OP)
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September 19, 2014, 04:13:29 PM |
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this would be such a brilliant place for a stock mkt top after 2d of fake breakout rally after bullshit FOMC. we're way overdue after not fixing a single fricking thing on Wall St after what they caused first in 2001 and then 2008. we got a spinning top going today: here's the VIX: mind you, this is the least confident thing i'd bank on given the extent of moral hazard Wall St is willing to run on.
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cypherdoc (OP)
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September 19, 2014, 04:26:54 PM |
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how fitting would this be? "Alibaba (BABA) top ticks the stock mkt with the largest IPO in history":
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cypherdoc (OP)
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September 19, 2014, 04:38:13 PM |
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selling it off baby, selling it off:
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Syke
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September 19, 2014, 05:08:53 PM |
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What's so special about 2016 blocks anyway, why was this number chosen by Satoshi?
Difficulty update roughly every 2 weeks: 14 days * 24 hours * 6 blocks/hour = 2016 blocks in 2 weeks.
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Buy & Hold
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iCEBREAKER
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Crypto is the separation of Power and State.
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September 19, 2014, 05:20:08 PM |
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ugly, just ugly: *silver falling*
Ugly? Beauty is in the eye of the behloder. To me, $18 silver is lovely. Can't wait to stack more $20 SAE and Maples! I hope it goes back down to $5/oz...
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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S3052
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September 19, 2014, 05:41:21 PM |
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ugly, just ugly: *silver falling*
Ugly? Beauty is in the eye of the behloder. To me, $18 silver is lovely. Can't wait to stack more $20 SAE and Maples! I hope it goes back down to $5/oz... 5$ is quite likely to be touched by Silver in the next 2 years
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HeliKopterBen
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September 19, 2014, 05:41:46 PM |
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I think it would be a very appropriate time to start a "stock market collapsing, bitcoin up" thread.
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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