Gold is Bitcoin is Gold

[cypherdoc]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

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[smoothie]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

[notme]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

[smoothie]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

I have...ask cypher...perhaps you should ASK before ASSuming?

[notme]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

I have...ask cypher...perhaps you should ASK before ASSuming?

Then learn to read because he has spelled it out quite clearly.

[smoothie]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

I have...ask cypher...perhaps you should ASK before ASSuming?

Then learn to read because he has spelled it out quite clearly.

Hey chill man. If I have questions I will ask him and NOT you!

I'm not getting my information from you because obviously you don't know the right questions to ask to ever give any good answers.

Learn to ask questions before assuming!

Edit: Oh one more thing..I don't think Cypher needs you to speak for him because I was actually talking to him and NOT you. This is where conflicts start when others butt in when they're not being addressed.

[notme]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

I have...ask cypher...perhaps you should ASK before ASSuming?

Then learn to read because he has spelled it out quite clearly.

Hey chill man. If I have questions I will ask him and NOT you!

I'm not getting my information from you because obviously you don't know the right questions to ask to ever give any good answers.

Learn to ask questions before assuming!

Edit: Oh one more thing..I don't think Cypher needs you to speak for him because I was actually talking to him and NOT you. This is where conflicts start when others butt in when they're not being addressed.

That's nice.  If you want to talk to him instead of anyone on the forum, try a PM instead of a public thread.  You sure are touchy tonight.

[smoothie]

you haven't been following my thread:  https://bitcointalk.org/index.php?topic=68655.msg1026490#msg1026490

i still have all those positions.

oh well, how long are you planning on keeping it?

can't tell you for sure.  it's a day by day thing.  however, i'm waiting for a specific configuration to occur.

I'd like to know this configuration you speak of...pm me. Thanks.

Pay up like the rest of us.  Thanks.

I have...ask cypher...perhaps you should ASK before ASSuming?

Then learn to read because he has spelled it out quite clearly.

Hey chill man. If I have questions I will ask him and NOT you!

I'm not getting my information from you because obviously you don't know the right questions to ask to ever give any good answers.

Learn to ask questions before assuming!

Edit: Oh one more thing..I don't think Cypher needs you to speak for him because I was actually talking to him and NOT you. This is where conflicts start when others butt in when they're not being addressed.

That's nice.  If you want to talk to him instead of anyone on the forum, try a PM instead of a public thread.  You sure are touchy tonight.

1. No one was talking to you.
2. You assume I wasn't already paying for his input.
3. You tell me to "learn to read" as if I don't know how to (thanks for the insult)
4. You're a douche?

Yes now I'm getting touchy...lol

 

[notme]

1. No one was talking to you.
2. You assume I wasn't already paying for his input.
3. You tell me to "learn to read" as if I don't know how to (thanks for the insult)
4. You're a douche?

Yes now I'm getting touchy...lol

 

1. It's a public forum.
2. I assumed that because he has made his targets clear in his newsletter.
3. I was explaining why I made the assumption.  I didn't do it very nicely because I've been drinking and your response rubbed me the wrong way (thanks for the FIRST insult).
4. So are you.

 

[smoothie]

1. No one was talking to you.
2. You assume I wasn't already paying for his input.
3. You tell me to "learn to read" as if I don't know how to (thanks for the insult)
4. You're a douche?

Yes now I'm getting touchy...lol

 

1. It's a public forum.
2. I assumed that because he has made his targets clear in his newsletter.
3. I was explaining why I made the assumption.  I didn't do it very nicely because I'm drunk and your response rubbed me the wrong way (thanks for the FIRST insult).
4. So are you.

 

hehe thanks!  

Edit: what, can't come up with your own material? Gotta copy my format? LAWL!

[notme]

1. No one was talking to you.
2. You assume I wasn't already paying for his input.
3. You tell me to "learn to read" as if I don't know how to (thanks for the insult)
4. You're a douche?

Yes now I'm getting touchy...lol

 

1. It's a public forum.
2. I assumed that because he has made his targets clear in his newsletter.
3. I was explaining why I made the assumption.  I didn't do it very nicely because I'm drunk and your response rubbed me the wrong way (thanks for the FIRST insult).
4. So are you.

 

hehe thanks!  

Edit: what, can't come up with your own material? Gotta copy my format? LAWL!

Okay, you win.  Now please shut up so the thread can get back on topic.

[smoothie]

1. No one was talking to you.
2. You assume I wasn't already paying for his input.
3. You tell me to "learn to read" as if I don't know how to (thanks for the insult)
4. You're a douche?

Yes now I'm getting touchy...lol

 

1. It's a public forum.
2. I assumed that because he has made his targets clear in his newsletter.
3. I was explaining why I made the assumption.  I didn't do it very nicely because I'm drunk and your response rubbed me the wrong way (thanks for the FIRST insult).
4. So are you.

 

hehe thanks!  

Edit: what, can't come up with your own material? Gotta copy my format? LAWL!

Okay, you win.  Now please shut up so the thread can get back on topic.

+1 i win, you lose...ok you shut up too...deal 

[ElectricMucus]

smoothie go2bed

[smoothie]

smoothie go2bed

Sorry mate its 6pm now. I'm not in your part of the world hehe

[miscreanity]

Hey misc, interested in action on the BTC/gold ratio at the end of the year? We could make a straight bet on it (50BTC?) or we could do a future swap deal at the current rate (175BTC of yours for 1oz of mine?). Easiest to just settle in BTC, but I do have the ounce in case you disagree with kitco price by that time or whatever.

No, but thanks for the offer. I'm not interested in gambling with Bitcoin against gold or vice versa, especially not short term - there's way too much potential volatility coming. I prefer sure things that are easy to predict, like Bitcoin and gold against fiat over the next several years.

If I were to use either asset now, it'd be to nibble at insanely cheap productive resources - when everyone's a gambler, don't gamble.

Hey misc, interested in action on the BTC/gold ratio at the end of the year? We could make a straight bet on it (50BTC?) or we could do a future swap deal at the current rate (175BTC of yours for 1oz of mine?). Easiest to just settle in BTC, but I do have the ounce in case you disagree with kitco price by that time or whatever.

50 btc/oz would be my guess for a endgame price for gold.
Whatever that would be in fiat would be irrelevant at this point. But that gonna take a long time.

you might be underestimating BTC itself (value increase not caused by fiat inflation but bitcoin economy/investment growth)... or are you talking 2012-based BTC when you say 50 btc/oz?

@miscreanity: thanks for above charts and elaboration.

Sure thing.

I think we'll see an inverted XAU:BTC ratio. Maybe even 5:1 or better. Going with the extreme of 5.5 billion troy ounces of gold to the maximum Bitcoin supply of 21mm, the ration would be about 261:1. Silver has an estimated supply in the tens of billions of ounces, and that's historically held fairly accurate in valuation relative to gold, so I'm probably being conservative with Bitcoin.

You may be right that in the longterm BTC is more undervalued than gold, in respect to fiat money. But in face to face comparison there isn't that much room for BTC to gain value over gold. The situation is similar to 2008 where people popped up saying the gold bull market is over.

Agreed about 2008. Gold remains buried in background noise for most people, like Bitcoin has been after the initial over-enthusiastic interest fell. What if both trends rise?