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Topic: Gold collapsing. Bitcoin UP. - page 1263. (Read 2032274 times)

legendary
Activity: 2242
Merit: 1057
October 16, 2013, 12:07:41 PM
bitcoin down, gold and silver begin to climb as debt ceiling raised....
hero member
Activity: 784
Merit: 506
October 16, 2013, 05:02:49 AM
now bitcoin, gold and silver all collapsing? enjoy the ride Smiley

If only houses in earthquake areas 'collapsed' in this manner!!

legendary
Activity: 2242
Merit: 1057
October 16, 2013, 03:27:58 AM
now bitcoin, gold and silver all collapsing? enjoy the ride Smiley
legendary
Activity: 1036
Merit: 1000
October 16, 2013, 03:15:37 AM
Subdued reaction is good. It an indication of minimal frothiness, i.e., price will continue rising.
donator
Activity: 2772
Merit: 1019
October 16, 2013, 02:40:37 AM
seems the Chinese are the ones buying (and maybe the only ones left holding?) Smiley

Do you mean xbt or USD?
hero member
Activity: 784
Merit: 1000
October 15, 2013, 11:15:39 PM
seems the Chinese are the ones buying (and maybe the only ones left holding?) Smiley

Ha, better than holding government bonds.

you got that right.

remember the 3 mo T Bill chart i showed you the other day that showed the rate increase off the bottom to be 2000%.  here's today's version:



Thanks, I'll reconsider buying next time if they are going to add lifetime subscription to C-SPAN as a bonus, I heard their soap opera is good.
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 11:11:58 PM
seems the Chinese are the ones buying (and maybe the only ones left holding?) Smiley

Ha, better than holding government bonds.

you got that right.

remember the 3 mo T Bill chart i showed you the other day that showed the rate increase off the bottom to be 2000%.  here's today's version:

hero member
Activity: 784
Merit: 1000
October 15, 2013, 11:06:57 PM
seems the Chinese are the ones buying (and maybe the only ones left holding?) Smiley

Ha, better than holding government bonds.
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 10:53:09 PM
anachronistic

that's too big an English word for a Chinese to say.

just stick to "buy".
hero member
Activity: 784
Merit: 1000
October 15, 2013, 10:47:18 PM
i haven't been looking into too many of the other threads but the reaction to this rally seems so subdued.  

where are all the rocket pictures?  how many sold into the SR dump?  not my subs, i can tell you that.

here you go:





People probably are already starting to have a itching feeling in their ass/spine, but the anachronistic banking system is keeping them in check.
legendary
Activity: 1400
Merit: 1013
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 10:34:22 PM
i haven't been looking into too many of the other threads but the reaction to this rally seems so subdued.  

where are all the rocket pictures?  how many sold into the SR dump?  not my subs, i can tell you that.

here you go:



hero member
Activity: 784
Merit: 1000
October 15, 2013, 10:20:06 PM
If there are no catastrophic events, the "Internet kill switch" will be a moot issue within three years. There may still be the potential for continental separation, but methods exist for communication even at transoceanic distances without relying on cables or satellites. With geographically diversified mining resources, Bitcoin will be effectively unbreakable at that point.

That is when Bitcoin will start truly eroding gold's position as a monetary asset, after fiat currencies have been proven bettered by crypto.

Now you have brought up an interesting problem: can someone(e.g., superpowerful alphabet agencies) actually manage to exert control on the whole network by manipulating what's being sent through the cables? Maybe when we get all super-rich with bitcoins we need to construct our own submarine fiber systems, secured by quantum cryptography which is resistant to both sabotage and quantum computing.

Well that's the thing. He's talking about radio waves.

Not sure how manipulable those are.

You still have limited range and routers/repeaters.  That's where the network is vulnerable to manipulation.

Nature has provided us with the ionosphere, radio stations could be built with reasonable(comparable to a mining farm even if you use short-to-medium wavelength) cost and decentralization.
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 10:15:11 PM
i missed April 10.
(hint: spreadsheets with conditional formatting make them easier to find)

you're too smart. Wink
legendary
Activity: 1400
Merit: 1013
October 15, 2013, 08:20:23 PM
i missed April 10.
(hint: spreadsheets with conditional formatting make them easier to find)
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 08:18:58 PM
only 3 days in BTC history where the price has closed higher.
On which exchange? Mt Gox closed at $162.30, 187.50, $230, and $165 April 7-10 respectively. It also reached intraday highs of $166.42 and $162 on April 24th and 25th.

you're right.  i missed April 10.

only 4 days in BTC history where the price closed higher than today.
legendary
Activity: 1400
Merit: 1013
October 15, 2013, 08:17:04 PM
only 3 days in BTC history where the price has closed higher.
On which exchange? Mt Gox closed at $162.30, 187.50, $230, and $165 April 7-10 respectively. It also reached intraday highs of $166.42 and $162 on April 24th and 25th.
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 07:00:04 PM

i don't even have to watch it to know what it says.

my response, learn to think for yourself.
legendary
Activity: 1202
Merit: 1015
October 15, 2013, 06:27:02 PM
good information... consume:

https://www.youtube.com/watch?v=lOiQgC8Q9Ck
legendary
Activity: 1764
Merit: 1002
October 15, 2013, 06:00:38 PM
Can we get back on topic? Gold is recovering in Asia this morning...

weird. Bitcoin is still going up.


weird so bitcoin, gold and silver all going up?

Or what you are using to measure them is going down...

We need a new measuring stick. This one keeps shrinking.


zerg?

only 3 days in BTC history where the price has closed higher.

Gold collapsing.  Bitcoin UP.
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