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Topic: Gold collapsing. Bitcoin UP. - page 1091. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
July 10, 2014, 09:19:07 AM


US is spying on its citizens?
full member
Activity: 315
Merit: 103
July 10, 2014, 09:12:49 AM
Blowback happening.

http://www.zerohedge.com/news/2014-07-10/germany-expels-cia-chief-over-spying-scandal-amid-deep-rift

This is what happens when you get so full of yourself.

US is spying on its ally?
legendary
Activity: 1764
Merit: 1002
July 10, 2014, 08:24:56 AM
Blowback happening.

http://www.zerohedge.com/news/2014-07-10/germany-expels-cia-chief-over-spying-scandal-amid-deep-rift

This is what happens when you get so full of yourself.
legendary
Activity: 1512
Merit: 1005
July 10, 2014, 07:26:57 AM

He basically says that storing bitcoin is easy for individuals, but for organizations of diverse type it is difficult and costly. Interesting.
legendary
Activity: 1512
Merit: 1005
July 10, 2014, 07:23:33 AM
Even better article by Rochard:

http://nakamotoinstitute.org/mempool/speculative-attack/

He doesn't use the term in this article, but what he describes is the greatest carry trade in history.

I liked the skeptics, from that site:

http://nakamotoinstitute.org/the-skeptics/

They even have a Serious Economist, Lisa Kramer.

sr. member
Activity: 448
Merit: 250
July 10, 2014, 06:17:24 AM
Shit look at gold even comex. This actually might be the beginning of zero hedges long predicted European gold boom.
legendary
Activity: 1568
Merit: 1002
July 10, 2014, 06:12:00 AM
Big test for stocks tomorrow
I'm guessing it's going to be an ugly day for stocks.



whats happening thats gong to make it an ugly day for stocks?
Futures down nearly 1%, gold soaring, DOW 17k didn't hold, BIS calling on Central Banks to bring forward the down leg of the cycle to prevent a bust

People are ready to panic imo

hmm lets hope this all benefits bitcoin Smiley
hero member
Activity: 841
Merit: 1000
July 10, 2014, 06:08:11 AM
Big test for stocks tomorrow
I'm guessing it's going to be an ugly day for stocks.



whats happening thats gong to make it an ugly day for stocks?
Portugal fears in Europe.
FNG
hero member
Activity: 588
Merit: 500
July 10, 2014, 06:01:58 AM
Big test for stocks tomorrow
I'm guessing it's going to be an ugly day for stocks.



whats happening thats gong to make it an ugly day for stocks?
Futures down nearly 1%, gold soaring, DOW 17k didn't hold, BIS calling on Central Banks to bring forward the down leg of the cycle to prevent a bust

People are ready to panic imo
sr. member
Activity: 448
Merit: 250
July 10, 2014, 06:01:27 AM
Switched position on the vix 2 days ago. Now I'm sweating bullets because of the huge contango. Today will probably give me the out I need. Hopefully at a profit.
legendary
Activity: 1568
Merit: 1002
July 10, 2014, 05:54:01 AM
Big test for stocks tomorrow
I'm guessing it's going to be an ugly day for stocks.



whats happening thats gong to make it an ugly day for stocks?
FNG
hero member
Activity: 588
Merit: 500
July 10, 2014, 05:51:32 AM
Big test for stocks tomorrow
I'm guessing it's going to be an ugly day for stocks.

legendary
Activity: 1764
Merit: 1002
July 10, 2014, 05:06:53 AM
Big test for stocks tomorrow
legendary
Activity: 1764
Merit: 1002
July 10, 2014, 04:55:17 AM
Yeah, no kidding.
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
July 10, 2014, 04:28:26 AM
Massive gold spike
donator
Activity: 2772
Merit: 1019
July 10, 2014, 01:47:20 AM
Even better article by Rochard:

http://nakamotoinstitute.org/mempool/speculative-attack/

He doesn't use the term in this article, but what he describes is the greatest carry trade in history.

Here's an interesting thought experiment:

Imagine that everybody has visibility of all of their money on a smartphone app.  For simplicity, consider that only dollars and bitcoins exist.  The app has two features:

1.  It displays the market value of each user's money, expressed in whatever currency is currently "dominant," along with the exchange rate between the two currencies.  

2.  There is a slider bar that allows each user to dynamically adjust their personal exposure to anywhere between 0% bitcoins and 100% bitcoins:
                
    0% BTC / 100% USD   <-----|||SLIDERBAR|||----------------------------------->   100% BTC / 0% USD

Assume there is no fee for trading and no slippage.  If it was this easy for everyone, what would people do?  

Bitcoin adoption is all about slowly coaxing the world to move that imaginary slider bar a little further to the right!
  
(emphasis mine)

Imaginary?

You might have discovered bitcoins killer app right there.
legendary
Activity: 1722
Merit: 1004
July 10, 2014, 12:13:02 AM
Brock Pierce should be shot:

http://rdd.me/8dzhpxaq

Is he that guy that sits on that foundation who has the sole mandate to promote Bitcoin?

This altcoin of his illustrates a lack of understanding on how Bitcoin works moreover it looks like a conflict of interests considering the foundations goal.


Yeah, it's all around terrible. I assume this was really why Andreas bailed on the Foundation today.
legendary
Activity: 1372
Merit: 1000
July 10, 2014, 12:07:40 AM
Brock Pierce should be shot:

http://rdd.me/8dzhpxaq

Is he that guy that sits on that foundation who has the sole mandate to promote Bitcoin?

This altcoin of his illustrates a lack of understanding on how Bitcoin works moreover it looks like a conflict of interests considering the foundations goal.
legendary
Activity: 1764
Merit: 1002
July 09, 2014, 11:59:01 PM
The seven data points are:

Developer interest on GitHub
Merchant adoption
Wikipedia views
Hashrate <-- this one's interesting. I've always said HR was important
Google searches
User adoption as measured by wallets
Transaction volume.


http://rdd.me/o2foy8hs
legendary
Activity: 1764
Merit: 1002
July 09, 2014, 10:55:33 PM
Brock Pierce is a traitor:

http://rdd.me/8dzhpxaq
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