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Topic: Gold collapsing. Bitcoin UP. - page 1239. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
November 09, 2013, 11:07:49 AM
Very interesting video that I watched recently.Take the time to watch.
The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd. 1-5 (Full Documentary)

better yet, read the book.  it's good.
legendary
Activity: 1526
Merit: 1001
November 09, 2013, 09:24:10 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

Checked the gold price. Ouch! But that's just the jobs report, which is smoke and mirrors. Still, compared to Bitcoin gold is sinking like a brimstone.

Even if it is, it would be nice to have a more robust asset next to bitcoin. Something in the non-virtual world just so people will see btc can actually be gold. Many people still don't get it. They keep on believing it's a toy or purely imaginary.
hero member
Activity: 743
Merit: 500
November 09, 2013, 09:13:30 AM
Very interesting video that I watched recently.Take the time to watch.
The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd. 1-5 (Full Documentary)
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
November 09, 2013, 08:58:03 AM
Then again, its not local, so maybe thats why they dislike it (maybe I am being somewhat racist/stereotyping, but I have heard that Japanese are very much focussed on their own culture).
PS: and, of course, the Japanese flag is perfectly minimalist and balanced for the addition of a lovely BTC symbol in the middle of that red circle.
Lol, wouldn't that be something  Cheesy
hero member
Activity: 588
Merit: 500
November 09, 2013, 08:05:36 AM
Then again, its not local, so maybe thats why they dislike it (maybe I am being somewhat racist/stereotyping, but I have heard that Japanese are very much focussed on their own culture).

Actually, Bitcoin is absolutely local to Japan...the first bullet point on any presentation to Japanese people always should be that Bitcoin was created by a 36-year old Japanese male Wink

Second bullet point that the first major exchange was HQd in Tokyo.

Third bullet point that Bitcoin Jesus AKA Roger Ver, out of all the countries on this planet, selected Japan as his place of residence.

Just those three should get their nationalistic juices flowing profusely.

PS: and, of course, the Japanese flag is perfectly minimalist and balanced for the addition of a lovely BTC symbol in the middle of that red circle.
member
Activity: 85
Merit: 10
November 09, 2013, 07:37:11 AM
QE has increased wealth concentration due to the stock market, not to the common folks, but to those bankers of mono-ethnicity.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
November 09, 2013, 06:56:46 AM
I spent a few hours yesterday talking to a Japanese lawyer about Bitcoin, at his request. Last year he was asking me about gold as he's familiar with the issues surrounding central banking. He gets it, and he's well-connected and telling his friends. He agrees with me that Bitcoin is still almost completely unknown in Japan, and that when Japan bites it will bite BIG.
Yeah, as a developed (rich) nation of technophiles with a serious debt issue, bitcoin should find an appeal in Japan.  
Then again, its not local, so maybe thats why they dislike it (maybe I am being somewhat racist/stereotyping, but I have heard that Japanese are very much focussed on their own culture).  Although I presume that the looming currency/bond crisis will fix this emotional fondness of their own state.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
November 09, 2013, 04:41:16 AM
I spent a few hours yesterday talking to a Japanese lawyer about Bitcoin, at his request. Last year he was asking me about gold as he's familiar with the issues surrounding central banking. He gets it, and he's well-connected and telling his friends. He agrees with me that Bitcoin is still almost completely unknown in Japan, and that when Japan bites it will bite BIG.

I agree, and kind of ironic with Mt. Gox being in Japan.
legendary
Activity: 1036
Merit: 1000
November 08, 2013, 07:30:04 PM
I spent a few hours yesterday talking to a Japanese lawyer about Bitcoin, at his request. Last year he was asking me about gold as he's familiar with the issues surrounding central banking. He gets it, and he's well-connected and telling his friends. He agrees with me that Bitcoin is still almost completely unknown in Japan, and that when Japan bites it will bite BIG.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
November 08, 2013, 12:12:28 PM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

Checked the gold price. Ouch! But that's just the jobs report, which is smoke and mirrors. Still, compared to Bitcoin gold is sinking like a brimstone.

participation rate at 35 yr lows. 

i think i might decide to become part of the group that lets the rest of you feed me.
doesn't "the rest of you" already do so by buying more BTC and making the value of your holdings increase?
legendary
Activity: 1764
Merit: 1002
November 08, 2013, 11:41:02 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

Checked the gold price. Ouch! But that's just the jobs report, which is smoke and mirrors. Still, compared to Bitcoin gold is sinking like a brimstone.

participation rate at 35 yr lows. 

i think i might decide to become part of the group that lets the rest of you feed me.
hero member
Activity: 784
Merit: 1000
November 08, 2013, 10:48:12 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

Checked the gold price. Ouch! But that's just the jobs report, which is smoke and mirrors. Still, compared to Bitcoin gold is sinking like a brimstone.

But such job reports are supposed to come out every quarter, right?

I think the key date could be in next February, when the Congressmen have to face up to their mountains of dirty laundries again.
legendary
Activity: 1036
Merit: 1000
November 08, 2013, 10:43:10 AM
Anything planned for quintuple digits? (+10,000%)

a party?

actually, i should have one once we hit gold parity. Wink

The Parity Party.  has a ring to it.

Could be next month, or even this month if things go a certain way.
legendary
Activity: 1036
Merit: 1000
November 08, 2013, 10:42:30 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

Checked the gold price. Ouch! But that's just the jobs report, which is smoke and mirrors. Still, compared to Bitcoin gold is sinking like a brimstone.
legendary
Activity: 1764
Merit: 1002
November 08, 2013, 10:22:23 AM
here is one of my favorites:

As much as I hate QE, I have been vindicated and cypherdoc was wrong. There you go... finally.
hero member
Activity: 784
Merit: 1000
November 08, 2013, 10:02:05 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

if you've been paying attention, there have been long periods of time where i couldn't recursively use that term throughout this thread b/c of the inevitable counter trend rallies and trolling that came with it.

only recently, not so much.

and it's only going to get worse.

So I got bored and visited some PM forums, and while I was there I doubted for a moment whether Bitcoin really exists or not. Wink
legendary
Activity: 1764
Merit: 1002
November 08, 2013, 09:55:37 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.

if you've been paying attention, there have been long periods of time where i couldn't recursively use that term throughout this thread b/c of the inevitable counter trend rallies and trolling that came with it.

only recently, not so much.

and it's only going to get worse.
hero member
Activity: 784
Merit: 1000
November 08, 2013, 09:45:39 AM
Gold collapsing. Bitcoin UP.

I am more excited by the "collapsing" part atm.
legendary
Activity: 1764
Merit: 1002
November 08, 2013, 09:23:13 AM
Gold collapsing. Bitcoin UP.
donator
Activity: 1722
Merit: 1036
November 08, 2013, 02:10:45 AM
man, we truly are some conservative bunch of people when it comes to price prediction Wink

Or investment. Last year this time I had about 10% of grand total net wealth in bitcoin.
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