Author

Topic: Gold collapsing. Bitcoin UP. - page 1169. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
March 04, 2014, 08:15:32 AM
Gold down. Bitcoin up.
legendary
Activity: 1722
Merit: 1004
March 04, 2014, 02:53:19 AM
time to sell some silver back for ltc.

300% return in 3 months  Cool


Only if there's also a roughly 300% return in bitcoin over the same period.
sr. member
Activity: 280
Merit: 250
March 04, 2014, 01:13:17 AM
it's just a simple bet.  c'mon...

Jesus christ cypher if you're really that hard up for a Bitcoin, I'll give you one.

time to sell some silver back for ltc.

300% return in 3 months  Cool

Reasoning?

Lol!  That made my evening.

If you really feel that's what this is all about, you have my address!

Hah, well it must be if you'd rather just wager than debate  Wink
legendary
Activity: 1764
Merit: 1002
March 04, 2014, 12:55:27 AM
it's just a simple bet.  c'mon...

Jesus christ cypher if you're really that hard up for a Bitcoin, I'll give you one.

time to sell some silver back for ltc.

300% return in 3 months  Cool

Reasoning?

Lol!  That made my evening.

If you really feel that's what this is all about, you have my address!
legendary
Activity: 4760
Merit: 1283
March 04, 2014, 12:49:46 AM

you must be new here.

go see what i did three months ago. i made some people in this thread upset but lulz...


One of these days I should make a shift toward less talking and more doing.  I guess I'm out of energy in my old age and am doing OK in this crypto thing anyway.  Shrug.

sr. member
Activity: 280
Merit: 250
March 04, 2014, 12:36:57 AM
it's just a simple bet.  c'mon...

Jesus christ cypher if you're really that hard up for a Bitcoin, I'll give you one.

time to sell some silver back for ltc.

300% return in 3 months  Cool

Reasoning?
legendary
Activity: 1764
Merit: 1002
March 04, 2014, 12:24:01 AM
instead of arguing about it, i've found the fastest way to cut to the chase is to put your money where your mouth is so we don't waste time going back and forth with further ad hominems.

Oh don't be such a drama queen.  I own both, and I was referring to you as the sideshow.  The issue itself is much more important than you, I, and your bets.  If you really feel that way about ad hominems, then stop arguing - bets only from now on.  If someone declines, then place them on ignore.  Simple and no "wasted" time.

it's just a simple bet.  c'mon...
sr. member
Activity: 280
Merit: 250
March 04, 2014, 12:19:15 AM
instead of arguing about it, i've found the fastest way to cut to the chase is to put your money where your mouth is so we don't waste time going back and forth with further ad hominems.

Oh don't be such a drama queen.  I own both, and I was referring to you as the sideshow.  The issue itself is much more important than you, I, and your bets.  If you really feel that way about ad hominems, then stop arguing - bets only from now on.  If someone declines, then place them on ignore.  Simple and no "wasted" time.
legendary
Activity: 4760
Merit: 1283
March 04, 2014, 12:06:53 AM

lets hope tainting never happens.


'Hope' has proven time and time again to be a poor strategy to actually accomplish things.

That said, I'm not planning to actually do anything significant related to Bitcoin except to perhaps move my lips a little.  As far as I'm concerned taint/validation/licensing/registration/declaration/[red|black]listing, or whatever one wishes to call it is very probably a done deal, and mostly what is left for those of us who don't like it is to 'move on'.  That is not to say that there is not more money to be made with Bitcoin.  Probably quite a bit more since the reason taint is so likely is that a lot of people see it as the way forward.  Especially the VC types who happen to have shit-loads of money to pump in.  I've got clean coins and I'll certainly hold my nose and register the if it means fiat in my pocket when I want it.

I expect taint to be the cancer that renders Bitcoin useless and eventually worthless (relative to other solutions) but I also expect it to take some time.  This wave has (hopefully) still got a long way to go and I'm in no hurry to hop off of it prematurely.

legendary
Activity: 1764
Merit: 1002
March 04, 2014, 12:03:44 AM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?

I used to work with a guy like you.  He'd bet on anything.  You'll have to find someone else to participate in your sideshow (speaking of egos).  How about this.  I have a fortune in gold.  You have a fortune in BTC.  See you in 10 years.  Capiche?

this thread is filled with guys like you touting gold.  you all seem to forget that the reason we're all here is that Bitcoin appears to be The Show, not the sideshow you'd like us to believe.

instead of arguing about it, i've found the fastest way to cut to the chase is to put your money where your mouth is so we don't waste time going back and forth with further ad hominems.
sr. member
Activity: 280
Merit: 250
March 03, 2014, 11:57:10 PM
you'd likely lose the short term bet but win the long. i agree with the old geezer, warren buffet...bitcoin wont be around in 10-20 yrs. most people are retarded sheep lookin to make a quick buck, but even they at some point will realize they are trading nothing/air (bitcoin).

Those are more or less my thoughts.  It's a great technology and will serve as a stepping stone (hopefully) towards independence from the central banking system.  I still hold some.  But unlike most of the people here, I do not worship at the Bitcoin altar.  It has strengths, weaknesses, and a whole lot of competition.  In the end, the world will be a better place with cryptocurrency.  May the best ones win ...
sr. member
Activity: 502
Merit: 251
March 03, 2014, 11:51:50 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?

I used to work with a guy like you.  He'd bet on anything.  You'll have to find someone else to participate in your sideshow (speaking of egos).  How about this.  I have a fortune in gold.  You have a fortune in BTC.  See you in 10 years.  Capiche?

you'd likely lose the short term bet but win the long. i agree with the old geezer, warren buffet...bitcoin wont be around in 10-20 yrs. most people are retarded sheep lookin to make a quick buck, but even they at some point will realize they are trading nothing/air (bitcoin).
sr. member
Activity: 280
Merit: 250
March 03, 2014, 11:40:02 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?

I used to work with a guy like you.  He'd bet on anything.  You'll have to find someone else to participate in your sideshow (speaking of egos).  How about this.  I have a fortune in gold.  You have a fortune in BTC.  See you in 10 years.  Capiche?
legendary
Activity: 1764
Merit: 1002
March 03, 2014, 10:23:21 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?



Sure, I'd act as an escrow agent to that (3rd sig on a blockchain contract or just normal escrow). Always love a good btc/gold bet. Let's agree beforehand what price-quote sources both parties consider valid.



i'd be happy with Bitstamp.


And for the gold side?

Thought: maybe CoinDesk BPI would be better for the btc quote, since any single exchange is always at risk to some degree. Or the winkdex.com !! lol...love their bios: http://winkdex.com/#/about






i'd prefer Bitstamp, as right now BTC-e is being discounted by the fear of anonymous owners, imo.  or some index that doesn't include BTC-e.

as for gold, no strong opinion.  we could use the Kitco spot price or whatever.
legendary
Activity: 1722
Merit: 1004
March 03, 2014, 10:16:22 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?



Sure, I'd act as an escrow agent to that (3rd sig on a blockchain contract or just normal escrow). Always love a good btc/gold bet. Let's agree beforehand what price-quote sources both parties consider valid.



i'd be happy with Bitstamp.


And for the gold side?

Thought: maybe CoinDesk BPI would be better for the btc quote, since any single exchange is always at risk to some degree. Or the winkdex.com !! lol...love their bios: http://winkdex.com/#/about




legendary
Activity: 1764
Merit: 1002
March 03, 2014, 10:08:30 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?



Sure, I'd act as an escrow agent to that (3rd sig on a blockchain contract or just normal escrow). Always love a good btc/gold bet. Let's agree beforehand what price-quote sources both parties consider valid.



i'd be happy with Bitstamp.
legendary
Activity: 1722
Merit: 1004
March 03, 2014, 10:07:43 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?


Sure, I'd act as an escrow agent to that (3rd sig on a blockchain contract or just normal escrow). Always love a good btc/gold bet. Let's agree beforehand what price-quote sources both parties consider valid.

legendary
Activity: 1764
Merit: 1002
March 03, 2014, 09:56:26 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.

you sound scared.

anyone who names themselves "trader" must have a pretty high view of oneself and their "trades.  let's test that out:

i propose a 1BTC bet that sometime in the next year, Bitcoin will catch gold (hence outperform) and go to parity once again in USD terms as it did in November.  if it does, i win, if it doesn't, you win.  we can each put 1BTC in escrow, hopefully in a smart contract on the blockchain as i've been wanting to test that out.  we can have someone like Smoothie or Melbustus act as the escrow agent who can sign the winnings over to one of us if they are agreeable.

capiche?
sr. member
Activity: 280
Merit: 250
March 03, 2014, 07:53:30 PM
News flash:  What cypherdoc likes or does not like has just about exactly zero impact on that will happen.

You mean his call for this being the "finale" bull run of gold might be complete shit?  Gasp!  I'll let China know right away.
legendary
Activity: 1764
Merit: 1002
March 03, 2014, 05:59:10 PM
Price volatility is a measure of how liquid an instrument is... the more liquid the less volatile especially with a decentralized system, which is the goal here. The idea is less collusion and partnering up of whales to corner markets to create dips...

To me reading charts over the years, the volatility of bitcoin is very bullish as it means that we are very early of a large bull run and that near the end you would see more liquidity coming in and less volatility which would mute the critics who say they can't use btc because of volatility. By that time obviously its too late from an investors standpoint but it may be a perfectly obvious choice as a currency to transact for goods and services. At the start of every major bull run you always see volatility... like how it went from $50 back to $2.. but now the swings in % aren't quite as much.. telling me we have a long way to go up before it settles at which point I would say I'm happy to sell there or that there is no need to sell at that point because everything you need is denominated in btc.

agreed.

in fact, i think it follows the asymptotic issuance curve.
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