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Topic: Gold collapsing. Bitcoin UP. - page 1231. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
November 18, 2013, 11:44:20 AM
Gold collapsing.  Bitcoin UP.
hero member
Activity: 784
Merit: 1000
November 18, 2013, 09:21:34 AM
ATH is currently at the golden ratio of $1000.
legendary
Activity: 2324
Merit: 1125
November 18, 2013, 09:18:58 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.


Prepare for shitstorm. Cheesy

I prefer the FBI has them too. They might just be stupid enough to lose the keys Wink
legendary
Activity: 1036
Merit: 1000
November 18, 2013, 08:24:41 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

Better the FBI than the bankers. But actually I want everyone in the government to hold bitcoins. Then all the right incentives are in place for the monetary regime to rip apart at the seams.
N12
donator
Activity: 1610
Merit: 1010
November 18, 2013, 07:10:43 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.


Prepare for shitstorm. Cheesy
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
November 18, 2013, 07:09:20 AM
Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

I identify myself as an anarchist and it doesn't bother me. BTC is for everyone. And the fact that the US government is one of the biggest holders of BTC always makes me chuckle when I think about it  Cheesy
hero member
Activity: 784
Merit: 1000
November 18, 2013, 05:42:17 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.



At least if they try to sell these coins we can manipulate the hell out of them Wink
legendary
Activity: 1764
Merit: 1002
November 18, 2013, 05:40:53 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.

Seriously. I much prefer the FBI have them than some bankers.

At least they can use them to fight crime. I know that will piss off some anarchists around here.

legendary
Activity: 1400
Merit: 1013
November 18, 2013, 05:28:12 AM
There's no way the FBI gives them up. 
They won't give them up, but the NSA might deploy Stuxnet to steal them.
legendary
Activity: 1764
Merit: 1002
November 18, 2013, 05:26:38 AM
Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
There's going to be a brawl involving the  Federal Reserve, JP Morgan, and Goldman Sachs over who gets those spoils.

There's no way the FBI gives them up. 
legendary
Activity: 1764
Merit: 1002
November 18, 2013, 05:24:54 AM

Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.

What do you think we're witnessing?
legendary
Activity: 1400
Merit: 1013
November 18, 2013, 05:24:11 AM
Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
There's going to be a brawl involving the  Federal Reserve, JP Morgan, and Goldman Sachs over who gets those spoils.
legendary
Activity: 2198
Merit: 1311
November 18, 2013, 05:20:04 AM

Haha.  No way.  If anything Bernanke is eyeing the FBI's stash and thinking about how he can QE the bitcoin economy.
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1400
Merit: 1013
November 18, 2013, 05:14:49 AM
For the first time ever, one ounce of gold buys less than 3 bitcoins.
legendary
Activity: 1400
Merit: 1013
November 18, 2013, 05:10:37 AM
Added another week's worth of data:

legendary
Activity: 1764
Merit: 1002
November 18, 2013, 05:00:43 AM
Gold collapsing. Bitcoin UP.
hero member
Activity: 784
Merit: 1000
November 17, 2013, 10:57:10 PM
Currently, the Bitcoin network consumes about 5M-6M joules per second, which means that each Bitcoin will take about 5.5MW*600s/25=1.28*10^8 J to create, using the mass-energy equation, 1 gram of gold/silver, or any matter can be converted to about 9*10^13 J of energy, but gold/silver ceases to be different from any other matter at elementary particles stage, so the energy ratio could be much smaller, and likely to go to 1 should the Bitcoin price increases another thousand fold. The fiat money en

SHA256 used in mining is like the Horcrux of Bitcoin, should it not be broken(the one used in address hashing can be replaced), Bitcoin remains very real like matter despite being virtual.
full member
Activity: 182
Merit: 100
Fourth richest fictional character
November 17, 2013, 09:59:49 PM
Damn, when will it ever stop?  Cheesy



Maybe - It - can't - be - stopped!  Shocked
member
Activity: 84
Merit: 10
November 17, 2013, 09:34:24 PM
I have a Gold IRA and have no intentions of getting rid of it. Personally I think Gold is safer and Bitcoin is the riskier side of my investing although I LOVE LOVE LOVE bitcoin (at the moment) haha. The key word though is always Diversify!
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