Topic: Gold collapsing. Bitcoin UP. - page 1193. (Read 2032266 times)

Rage against the machine - bulls on parade lyrics

I imagined ANOTHER as some similarly aged/experienced and disillusioned old money scion.  I actually prefer your vision as I think about it and remember back to the time when I did a lightning parse through his and FOA's work.  Or a complete fraud.

I never would have expected Turk.  I've always considered him something of a clod intellectually.  Or more accurately, with respect to his ability to think in an orthogonal manner and separate himself from his own interests.

Trace is high on bitcoin

https://www.youtube.com/watch?v=0dNawEe8M1Y

good interview with visionvictory

Above $900 on MtGox.

Time for the long-term bulls parade, again.

WOW!

fuck me! This took some time, but if Turk is coming around and admitting to owning bitcoin, I cannot help but get this exciting feeling that Bitcoin is going to overdeliver on most of the wildest expectation in terms of adoption and price - yet again - this year.

Let's hope we can extend a bit on some of the core features, like possible anonymity, and make these easier to use (or "default"), too, and also find good solutions for technical issues like scalability.

Indeed, his eye-opening suggestions for the whole gold / oil / dollar / world events was pretty wild, and fodder for a whole set of previously isolated non-conformists. It's easy to forget how much voice and community the internet has shared out.

After kitco came up in this thread recently, I had a quick look and found this partial archive:

http://bgmi.us/web/kitco/Kitco1990s.php

I had a short wander through it, but it was like picking over a misty battlefield during the following dawn. Too many cackling ghosts. I stopped when I was surprised by one of my own (insignificant and peripheral) posts.



Funnily enough, James Turk has been suggested as ANOTHER (always capitalised by convention ) though I'd always assumed him to be older and middle-eastern. Some sunglass-wearing OPEC advisor perhaps, disillusioned by the 70s, coughing up a final confession.


I was just going to add +me, but then it struck me that possibly none of us would be here, for surely btc itself is rooted in the collision between gold and the internet? Would it have existed without the coming together (at kitco, but also the e-gold and beenz experiments) of old, experienced men of the world like ANOTHER prepared to share their worldview and bright young anarcho tech heads prepared to do something about it?

You could think, in fact, that Satoshi was influenced by ANOTHER: careful anonymity (even with probably cultural misdirection), planting influential ideas, then disappearing. Perhaps both graduates of the same spook school?

James Turk got some

www.youtube.com/watch?v=LStqjpnM-5c&t=19m39s

and clearly differentiates between tangible and corporeal

jizzed in my pants.

thanks everybody 

ah, the original kitco vortex, i remember it well ... did anybody figure out who "another" was?

.... was wild for it's day, now a lot of that knowledge is common place

They're using volume-weighted average over a couple of exchanges (the big USD-based ones it seems).

It's the right way to go, but maybe including "foreign" currency based exchanges like the ones in China, Europe, etc. would make sense. But maybe not. It is what it is, I guess. I like that they are very transparent about it.


EDIT: just saw the other currencies / exchanges.

It hasn't made it to their language-neutral API toolset yet.
http://www.kitconet.com/exchangerates.html

For them this is beta testing.  They are looking for comments, maybe assistance. 
http://www.kitco.com/finance/bitcoin/

It looks like they added Kraken exchange today.

I never got into Kitco's forum.  (Believe it or not, I've never really participated in anything but bitcointalk.org since the usenet days.)  But Kitco has been the go-to for PM spot prices for a long time.  If 940-th counts the number of spot price widgets that people use on their own site, I have no trouble believing it.  Else I would find it surprising.

Bitcoin being treated as a near-peer to PM's and other financial data at Kitco is indeed huge.

Interesting that there wasn't much comment about it.  It just appeared with a little "New" marker on their site.
Bitcoin is becoming normal.

My metric for mainstream acceptance of Bitcoin was seeing it on one of the mainstream media ticker scrolls, like Bloomberg, along side their gold and silver price that they flash about once every two minutes.

This is a big step closer to that.

You have a second set of underwear?

For most online gold dealers, Kitco is their pricing source.  Based in Montreal Canada, major presence in New York and Hong Kong.
Kitco provide the easiest free pricing API that most precious metal dealers use and integrate worldwide.
That Kitco are now doing the same for Bitcoin is a game changer.  They are a very respected pricing source.  Their pricing may become more authoritative than say Coindesk's pricing, or of any particular exchange, as they use a weighted average.  

Kitco's methods are rigorous, they have been doing this for many decades.  They are a leader in the precious metal's businesses and started with refining in the 70's, when gold first became legal again in US (if they were doing it before they they aren't saying).   They were online by 1995.  It makes sense that they are on the early part of the curve.  Most any English speaker who is serious about gold knows Kitco.

I don't want to jizz in my pants already, but what is this kitco? I'm not an american, obviously. Anyone care to explain?

Another strong sign that the big money actually is moving in bitcoin, 2014 is going to be very very intresting.

Intermediate to advanced Excel skills. Fuck yeah!

Love seeing bitcoin on Kitco.

Now let's reinforce the wisdom of that... I just emailed Kitco thanking them for including bitcoin (pointing out I've been a Kitco user for years), and that I hope to see more bitcoin integration into their site in the coming months.

That Kitco page will be helpful for the new boy..



http://www.zerohedge.com/news/2014-01-03/sign-top-hedge-fund-hiring-junior-bitcoin-execution-trader

Yes, they got it. Although crypto or cryptocurrency might be a less confusing name for the asset class (Bitcoin's already used for both the network and the currency/asset).