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Topic: Gold collapsing. Bitcoin UP. - page 1141. (Read 2032266 times)

donator
Activity: 1722
Merit: 1036
May 26, 2014, 01:42:49 AM
That chart looks like a correction, but I wouldn't call that a collapse...

It is a fractal, just like BTC. The recent top is same shape but larger than the 2008 top.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
May 26, 2014, 01:05:21 AM
Gold collapsing? I don't follow the metal prices. Link?


ya i agree gold is due for a Major correction.

Gold Line keeps calling me telling me its not a bubble ...

That chart looks like a correction, but I wouldn't call that a collapse...
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
May 26, 2014, 01:03:06 AM
Rational discussion collapsing. Trolling UP.  Roll Eyes

we are at page 420 of this thread. Relax a bit would ya?
legendary
Activity: 1764
Merit: 1002
May 26, 2014, 12:21:43 AM
oh yes, the swarm is coming for you:

http://stanvanoers.nl/dv/v2/
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 11:55:15 PM
Lol. In twenty years there will not be the btc standard at the banks. You are insane.

odds are much much higher for them to use gold.

I guess when you only make $12000/yr your imagination gets a little stunted.

I love how he is so sure of what will happen in 20 years.

A $12,000/year income can get you to be very short-sighted as you would need to live pay check to pay check as opposed to looking at the longer-term.

Sounds like this type of thinking has been engrained into him since birth.

Bitcoin > Gold

Bitcoin > China

Bitcoin > Governments of the world



hero member
Activity: 574
Merit: 500
May 25, 2014, 11:44:14 PM
Lol. In twenty years there will not be the btc standard at the banks. You are insane.

odds are much much higher for them to use gold.

Are you just trolling.... as you know they tried that for many many years and it failed miserably

Or is this just your world view of something that in your mind you are never wrong so it must be so ??

I really think you are a text book worth of dysfunction..what i do know is that you must be soooo HAPPY Cheesy
legendary
Activity: 1764
Merit: 1002
May 25, 2014, 11:40:44 PM
Lol. In twenty years there will not be the btc standard at the banks. You are insane.

odds are much much higher for them to use gold.

I guess when you only make $12000/yr your imagination gets a little stunted.
vip
Activity: 840
Merit: 1000
May 25, 2014, 11:38:59 PM
Lol. In twenty years there will not be the btc standard at the banks. You are insane.

odds are much much higher for them to use gold.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 11:38:18 PM
Looks like Wences agrees with me:

But Casares remains bullish on the virtual currency, arguing that there’s a better than 50% chance that within 20 years bitcoin will become the new gold standard, that central banks will use it for reserves, and that one bitcoin will be worth over $1 million.

http://m.europe.wsj.com/articles/BL-DGB-35259


lol. I dont think be understands how or why a central bank works. He does at least know what a gold standard is. Lol

Tell us what he has  wrong.

to be correct he would need two central banks to hold at least one btc as a reserve and the btc to be worth more than one million us dollars. The odds of this is not fifty percent.

I don't know what you're blabbing about.

The way this would be done, and is likely imo which I've said for years now, is that a Bitcoin Standard would replace the old gold standard. The dream of the gold bugs all these years has been for the gubmints and markets to revalue gold up to approximately a 1:1 ratio to all the currency, debt, and derivatives worldwide so as to provide full backing. That would send the price of gold to the moon and avoid an economic catastrophe.  Problem is that gold is such a poor form of world reserve currency now that we have Bitcoin that it will never happen. But they keep hoping.

This Tension is why I created this thread back in 2011 as I saw the peak in gold.

Gold is a poor currency for transacting. It has very few qualities that are more desirable than Bitcoin. One of which is that it is a physical object that has other uses like hanging on people's necks, ears, noses, fingers, wrists, etc. and that small industrial application in electronics.

I love the fact that one can move a massive amount of value via Bitcoin and not delay more than an hour or two tops. No BS no capital controls no borders.

legendary
Activity: 1764
Merit: 1002
May 25, 2014, 11:26:16 PM
Looks like Wences agrees with me:

But Casares remains bullish on the virtual currency, arguing that there’s a better than 50% chance that within 20 years bitcoin will become the new gold standard, that central banks will use it for reserves, and that one bitcoin will be worth over $1 million.

http://m.europe.wsj.com/articles/BL-DGB-35259


lol. I dont think be understands how or why a central bank works. He does at least know what a gold standard is. Lol

Tell us what he has  wrong.

to be correct he would need two central banks to hold at least one btc as a reserve and the btc to be worth more than one million us dollars. The odds of this is not fifty percent.

I don't know what you're blabbing about.

The way this would be done, and is likely imo which I've said for years now, is that a Bitcoin Standard would replace the old gold standard. The dream of the gold bugs all these years has been for the gubmints and markets to revalue gold up to approximately a 1:1 ratio to all the currency, debt, and derivatives worldwide so as to provide full backing. That would send the price of gold to the moon and avoid an economic catastrophe.  Problem is that gold is such a poor form of world reserve currency now that we have Bitcoin that it will never happen. But they keep hoping.

This Tension is why I created this thread back in 2011 as I saw the peak in gold.
vip
Activity: 840
Merit: 1000
May 25, 2014, 09:05:26 PM
Lol so many i lost count. 18 after all is a tricky number for me. Haha
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 08:57:21 PM
We got the dang whale wars on this forum  Grin


smoothie and blitz have almost no coins. Cypher im sure has a fair amount.

Claims without proof. Here we go again...lol  Cheesy

Goat is on a roll today...oh I hope he keeps this up. Pure entertainment. Cheesy Cheesy Cheesy
He's got to keep his internal image that somehow he's the best. Funny thing is he has this inferiority complex that leads him to bragging, which is a hilariously disadvantageous character trait when a good portion of your wealth is ill-gotten gains.

He just can't shut his mouth, it's like a compulsive disorder.

He isn't a proponent of the "less is more" motto.

But I think his ego gets the best of him. Hence all of his claims that he has not proved and most people here don't believe. It's just words on the forum. Meaningless.
N12
donator
Activity: 1610
Merit: 1010
May 25, 2014, 08:54:05 PM
We got the dang whale wars on this forum  Grin


smoothie and blitz have almost no coins. Cypher im sure has a fair amount.

Claims without proof. Here we go again...lol  Cheesy

Goat is on a roll today...oh I hope he keeps this up. Pure entertainment. Cheesy Cheesy Cheesy
He's got to keep his internal image that somehow he's the best. Funny thing is he has this inferiority complex that leads him to bragging, which is a hilariously disadvantageous character trait when a good portion of your wealth is ill-gotten gains.

He just can't shut his mouth, it's like a compulsive disorder.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 08:52:50 PM
Lol. 11 of 10 in less than 24 hours from three people who were told in advance it would happen.

one was op and one was a mod. One was also smoothie and he was most of the fail so i cant brag too much.

well my point was proven and im done. enjoy.
Your point being that you're noone anyone would want to do business with? Huh

It must be lonely looking like a young bill gates sitting in your tower too afraid to go outside

Hows your scam foundation going ??

Litecoin Foundation? The one where he refused to show actual documentation of his legal registration of a non-profit organization?

Oh yeah I remember he was supposed to create not-for-profit SILVER physical litecoins.

10 months later...still nothing.   Roll Eyes

Maybe it is because he doesn't know that silver being above 18 it also implies it is above 4. ROFL.

https://i.imgur.com/nYs5pAc.png
hero member
Activity: 574
Merit: 500
May 25, 2014, 08:51:41 PM
Lol. 11 of 10 in less than 24 hours from three people who were told in advance it would happen.

one was op and one was a mod. One was also smoothie and he was most of the fail so i cant brag too much.

well my point was proven and im done. enjoy.
Your point being that you're noone anyone would want to do business with? Huh

It must be lonely looking like a young bill gates sitting in your tower too afraid to go outside

Hows your scam foundation going ??
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 08:49:49 PM
Lol. 11 of 10 in less than 24 hours from three people who were told in advance it would happen.

one was op and one was a mod. One was also smoothie and he was most of the fail so i cant brag too much.

well my point was proven and im done. enjoy.
Your point being that you're noone anyone would want to do business with? Huh

Cypher asked me to post this debt topic here.

I suspect he as well as I felt that those who post in this thread should know since Goat has a tendency to make bold claims that he has accomplished in his past. But when he gets called out he throws a sissy fit and tries to divert attention away from his fails.  Smiley
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 08:47:09 PM
We got the dang whale wars on this forum  Grin


smoothie and blitz have almost no coins. Cypher im sure has a fair amount.

Claims without proof. Here we go again...lol  Cheesy

Goat is on a roll today...oh I hope he keeps this up. Pure entertainment. Cheesy Cheesy Cheesy

I've got lots of physical litecoins and bitcoins as well. Not to mention BTC, LTC, as well as others... Cheesy

But believe what you will...hahaha
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
May 25, 2014, 08:46:16 PM
Lol. 11 of 10 in less than 24 hours from three people who were told in advance it would happen.

one was op and one was a mod. One was also smoothie and he was most of the fail so i cant brag too much.

well my point was proven and im done. enjoy.

Great point.

Loved every moment of it.  Grin
N12
donator
Activity: 1610
Merit: 1010
May 25, 2014, 08:45:49 PM
Lol. 11 of 10 in less than 24 hours from three people who were told in advance it would happen.

one was op and one was a mod. One was also smoothie and he was most of the fail so i cant brag too much.

well my point was proven and im done. enjoy.
Your point being that you're noone anyone would want to do business with? Huh
vip
Activity: 840
Merit: 1000
May 25, 2014, 08:45:42 PM
We got the dang whale wars on this forum  Grin


smoothie and blitz have almost no coins. Cypher im sure has a fair amount.
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