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Topic: Gold collapsing. Bitcoin UP. - page 1213. (Read 2032266 times)

legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
November 29, 2013, 03:16:59 AM
This has been an interesting year.

you, sir, have a certain gift for understatement
legendary
Activity: 1834
Merit: 1019
November 29, 2013, 03:13:42 AM
Thank you Doctor Smiley
legendary
Activity: 1722
Merit: 1004
November 29, 2013, 03:07:42 AM
the world has changed forever.

goodbye gold.


Cypherdoc - Congratulations. It will soon be lost how outlandish this parity point seemed when this thread was started. It's worth noting that bitcoin was trading at $4, and virtually no one had heard of it. It took a lot of vision to see, and publicly argue, the transition which will soon seem so obvious in retrospect. It's been an incredible year and a half, and this thread (and its predecessor) remain some of the most economically thought-provoking discussions I've ever read.

Now to drive the point home, I think it's just wonderful that parity was hit in the opening hours of Bitcoin Black-Friday. I'm going to be doing most of my holiday shopping today. Online. Using bitcoin. Try that with gold.
legendary
Activity: 1372
Merit: 1000
November 29, 2013, 02:24:00 AM
the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

What's relevant to me is that there are indeed people fighting that price point on Gox right now.
It is part of the plan, when the news breaks tomorrow there will be questions, and after the education a few will want to buy in before it goes up too much. This is how Bitcoin spreads, China on the other hand is marching to its own drum, so that incubation stage between question and answer is going to be short. I hope it takes at least 2 weeks for all exchanges to catch up.
legendary
Activity: 1078
Merit: 1003
November 29, 2013, 02:15:31 AM
This has been an interesting year.
hero member
Activity: 784
Merit: 1000
November 29, 2013, 02:14:31 AM
the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.

What's relevant to me is that there are indeed people fighting that price point on Gox right now.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 29, 2013, 02:10:59 AM
the world has changed forever.

goodbye gold.

When bitstamp and other exchanges hit it I'll be on the train here. Gox prices are at this point irrelevant to me. Just funny munny sloshing around in their platform.

In any case we are on the cusp of all exchanges hitting that parity point. That is when the TRUE price (in my view) hits parity.
legendary
Activity: 1372
Merit: 1000
November 29, 2013, 02:04:44 AM
wow, I was here

Lol, it's like a virtual sunrise over an ocean view on the firs dawn of the new year.
I was here too, wooooot.
hero member
Activity: 784
Merit: 1000
November 29, 2013, 01:58:32 AM
Gold bugs fighting!  Shocked Cheesy
legendary
Activity: 1316
Merit: 1005
November 29, 2013, 01:43:36 AM
Neat.



Now two orders of magnitude greater please, thanks.
legendary
Activity: 4760
Merit: 1283
November 29, 2013, 01:39:22 AM
Next up. Total net value Bitcoin vs. total net value gold.
Now that would be interesting.  Either way BTC=1OZ parity is great.  A bit fast but maybe time to roll over some more OZ to BTC.

If you are serious, talking values in the $100k->$200k range, and willing to do a careful transaction which make a rip-off very unlikely, feel free to ping me.  Unless things change I'll probably wish to do such a deal early next year.  If the BTC values continue to rise, I may end up wanting to do a bigger deal (and the converse holds to a point as well.)

I'm guessing that whoever just sold around $3M on Mt. Gox probably was tripped by the parity event.  Looks like a pretty healthy back-fill after the crater though.  Hopefully we've got  a long way yet to ride.  We'll see.

legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
November 29, 2013, 01:13:29 AM
wow, I was here
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
November 29, 2013, 01:00:24 AM
Next up. Total net value Bitcoin vs. total net value gold.
Now that would be interesting.  Either way BTC=1OZ parity is great.  A bit fast but maybe time to roll over some more OZ to BTC.
legendary
Activity: 1008
Merit: 1000
November 29, 2013, 12:49:30 AM
Congrats Bitcoin!!!
legendary
Activity: 1764
Merit: 1002
November 29, 2013, 12:48:06 AM
the world has changed forever.

goodbye gold.
legendary
Activity: 1162
Merit: 1007
November 29, 2013, 12:46:06 AM
Can't wait to read zerohedge tomorrow!!!!!!!!!!!!!!!!!!!!
legendary
Activity: 1764
Merit: 1002
November 29, 2013, 12:44:48 AM
1242
legendary
Activity: 1764
Merit: 1002
November 29, 2013, 12:44:11 AM
technically got it.
legendary
Activity: 1764
Merit: 1002
November 29, 2013, 12:43:36 AM
this is it
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