Author

Topic: Gold collapsing. Bitcoin UP. - page 1157. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
May 01, 2014, 09:51:01 PM
1 year, anything longer is boring.

Take it or leave it.   Cool

You're on.
sr. member
Activity: 502
Merit: 251
May 01, 2014, 08:56:19 PM
1 year, anything longer is boring.

Take it or leave it.   Cool
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 08:35:41 PM
Where is that Teebone dude?

Take your own bet Man!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 01, 2014, 05:34:34 PM
i'm looking for 14$ silver

i figure it'll get there by the end of the year.

legendary
Activity: 1764
Merit: 1002
May 01, 2014, 12:36:44 PM
hey Goat!

$18 silver coming right up.  you gonna be rich man!
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 12:14:59 PM
igorr,

if this guy says it, it must be true:

"Mook invented the computer based cash register in 1985 as well as a golf ball that changes color in 1990, so we do not take his price projections lightly"

you hear that?  he invented the changing color golf ball!  he's a clairvoyant!

http://www.ihavebitcoins.com/featured/rockets-scientist-william-mooks-700000-bitcoin-price-target/

legendary
Activity: 1764
Merit: 1002
May 01, 2014, 12:07:47 PM

Bitcoin has lost value 65% for only 4 months  Huh


Bitcoin has gained value 500% for only 12 months  Huh

and now go to zero for 6 months  Huh

it must be scary thinking Bitcoin has bottomed out.
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 11:46:03 AM

Bitcoin has lost value 65% for only 4 months  Huh


Bitcoin has gained value 500% for only 12 months  Huh

and now go to zero for 6 months  Huh

i think New Liberty has a better handle on the situation than you do.
sr. member
Activity: 406
Merit: 250
May 01, 2014, 11:36:31 AM

Bitcoin has lost value 65% for only 4 months  Huh


Bitcoin has gained value 500% for only 12 months  Huh

and now go to zero for 6 months  Huh
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
May 01, 2014, 11:25:35 AM
Most importantly, Summers understands gold. He made a major contribution to Gibson's Paradox as it applies to free markets: "Gold prices should move inversely to real interest rates."  Not on Summers watch. 

He has been accused by gold bugs of engineering gov't interference in the gold markets by pushing the price down despite the ongoing drop in interest rates also engineered by gov't so as not to alarm the population. they have been marginally successful in doing so.

along comes Bitcoin. a new problem that they potentially can't control and Summers sees it.

http://www.coindesk.com/former-obama-advisor-larry-summers-critics-dont-write-bitcoin/

Yes, you made good reference to it, and I loved the Summers bit.  Which I'd not seen earlier.
Keynes usually gets the credit for use of Gibsons, but there aren't a lot of Keynes fans in this crowd.

I'd be foolish to ignore what you write, and didn't mean to be negligent in crediting your previous similar analysis.  Smiley  I'm just throwing a few more sticks on the bonfire you are tending.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
May 01, 2014, 11:16:35 AM

Bitcoin has lost value 65% for only 4 months  Huh


Bitcoin has gained value 500% for only 12 months  Huh
sr. member
Activity: 406
Merit: 250
May 01, 2014, 11:11:04 AM

Bitcoin has lost value 65% for only 4 months  Huh
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 11:05:39 AM
Buying in the $18s for Ag has been safe for the last few years.
So has anything changed?
Interest rates look like they will be rising over the next few years.
This makes interest bearing instruments look more attractive as PM bears no interest.

However... 


Recent history shows that this benefit is illusory.
Even so, we can expect some percentage of people to ignore the data and trade away their PM for interest bearing investments.  This presents some opportunities for the others.

take a look at my post above about Gibson's Paradox.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
May 01, 2014, 11:00:35 AM
Buying in the $18s for Ag has been safe for the last few years.
So has anything changed?
Interest rates look like they will be rising over the next few years.
This makes interest bearing instruments look more attractive as PM bears no interest.

However... 


Recent history shows that this benefit is illusory.
Even so, we can expect some percentage of people to ignore the data and trade away their PM for interest bearing investments.  This presents some opportunities for the others.
sr. member
Activity: 406
Merit: 250
May 01, 2014, 10:11:27 AM
very good sign IMO.

Edit : this thread is an extension of this beast:

Gold: I Smell a Trap


it does not look so


View Screen Capture
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 09:56:20 AM
oh my, you boys are in trouble.  remember, silver always leads:

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 01, 2014, 09:37:47 AM
IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.

I would put more into pm

na should be more like 1% PM is not an investment... PM is merely a store of value, hardly ever even beats inflation.
legendary
Activity: 1736
Merit: 1001
May 01, 2014, 09:36:10 AM
IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.

I would put more into pm
legendary
Activity: 1764
Merit: 1002
May 01, 2014, 09:34:00 AM
c'mon Teebone!

i'm waitin' on ya!

edit:  how about 1.5 yrs?
legendary
Activity: 1722
Merit: 1000
May 01, 2014, 09:31:35 AM
IMO 10% of your pay should go into PM/Crypto, all prices, buy buy buy, hehehe.  Unless you are a really good trader then trade away else, HODL or get slaughtered.
Jump to: