Author

Topic: Gold collapsing. Bitcoin UP. - page 1294. (Read 2032274 times)

member
Activity: 84
Merit: 10
supernode
June 24, 2013, 04:15:43 AM
Im willing to buy 10kg of Gold for bitcoins anyone interested ?
sr. member
Activity: 434
Merit: 250
June 24, 2013, 03:03:04 AM
Gold down, Stocks down, Euro down, Bitcoin down.

Bernanke Bux UP.

 Cheesy Cheesy

I can't use this enough:

N12
donator
Activity: 1610
Merit: 1010
June 24, 2013, 02:58:35 AM
Gold down, Stocks down, Euro down, Bitcoin down.

Bernanke Bux UP.
sr. member
Activity: 434
Merit: 250
June 24, 2013, 02:25:47 AM
Gold and silver slipping down.
Asia markets down (again...)

This might be the beginning of a glorious week!  Grin
legendary
Activity: 1764
Merit: 1002
June 24, 2013, 02:11:44 AM
Hey tv,

I guess the question is settled :


http://rt.com/op-edge/bitcoin-currency-max-keiser-138/
hero member
Activity: 798
Merit: 1000
June 22, 2013, 08:59:06 AM
this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalksearch.org/topic/bitcoin-prices-follow-dollar-with-089-correlation-240008

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy

I wasn't suggesting to trade on that. It's interesting to think about this anyhow.

Did not mean to imply that you were  Wink
donator
Activity: 2772
Merit: 1019
June 22, 2013, 08:43:04 AM
this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalksearch.org/topic/bitcoin-prices-follow-dollar-with-089-correlation-240008

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy

I wasn't suggesting to trade on that. It's interesting to think about this anyhow.
hero member
Activity: 798
Merit: 1000
June 22, 2013, 06:45:17 AM
this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)


There is a thread on this ...

https://bitcointalksearch.org/topic/bitcoin-prices-follow-dollar-with-089-correlation-240008

Conclusion ... it's based on only 50 days of data ... good luck with that Cheesy
donator
Activity: 2772
Merit: 1019
June 22, 2013, 06:33:26 AM
this is quite interesting: http://www.thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/

author argues gold and btc do not correllate (in fact negative 0.4 coeff), but BTC follows USDX with a 3 day lag (with a 0.89 correlation coefficient)
donator
Activity: 2772
Merit: 1019
June 22, 2013, 03:35:26 AM
Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...

She has more btc than most people on the forum. She also bought asic miner stock at .85 and she is only cashing out the dividends. However she likes to show off so whatever. She makes me happy so i try to do the same.

Whatever happened to the goal of having an independent woman by your side? Guess "independence" slides down the priority scale with increase of net-worth of the individual man. Same for age.




She is from a well off family and the btc stuff is so she gets used to using it and the idea of it.

She was with me before btc Wink

I retract any allegations I might've implied earlier. I remembered seeing another girl a while back on your profile pic and drew some wrong conclusions.
sr. member
Activity: 448
Merit: 250
June 21, 2013, 08:44:38 PM
Where's the supply coming from to drive the price down? That's right - there isn't any, we're merely seeing paper games.

Mining operation shutting down.

And I'll just leave this here.

*obligatory statement about tinfoil hat.*

Come on, duuuddde, nobody's manipulating gold and silver prices, those banksters are just too trustworthy. They're going down because they're a barbaric relic that has no worth anymore, just an ancient tradition. Gold and silver are on the way out.

Ignore the part where a barrel of oil costs the same in gold now as it did a hundred years ago.

*end with statement about silver at $5 and gold at $500 and are you happy to have lost all that money because of some tinfoil hat manipulations scheme*

Nah, who are we kidding? You will be vindicated eventually... you just might have to wait 2 years, 20 years, or 2 thousand years.

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
June 21, 2013, 05:43:27 PM
Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...

She has more btc than most people on the forum. She also bought asic miner stock at .85 and she is only cashing out the dividends. However she likes to show off so whatever. She makes me happy so i try to do the same.


Sounds like she has everything she needs ... give her some children?
legendary
Activity: 1316
Merit: 1005
June 21, 2013, 04:52:51 PM
Where's the supply coming from to drive the price down? That's right - there isn't any, we're merely seeing paper games.

Mining operation shutting down.

And I'll just leave this here.
donator
Activity: 2772
Merit: 1019
June 21, 2013, 04:49:35 PM
Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...

She has more btc than most people on the forum. She also bought asic miner stock at .85 and she is only cashing out the dividends. However she likes to show off so whatever. She makes me happy so i try to do the same.

Whatever happened to the goal of having an independent woman by your side? Guess "independence" slides down the priority scale with increase of net-worth of the individual man. Same for age.


N12
donator
Activity: 1610
Merit: 1010
June 21, 2013, 11:03:10 AM
i have this twisted fantasy of one day seeing Bennie hanging from a tree, twisting in the wind.

b/c of his hubris, intellectual dishonesty, and criminal tactics, i think he should go down as the worst central bankster in world history. 

he took credit for the liquidity induced, distorted ramp of the last 4 yrs; let him take the blame for what is now happening.
Careful now, NSA is watching. Cheesy
legendary
Activity: 1764
Merit: 1002
June 21, 2013, 11:00:51 AM
i have this twisted fantasy of one day seeing Bennie hanging from a tree, twisting in the wind.

b/c of his hubris, intellectual dishonesty, and criminal tactics, i think he should go down as the worst central bankster in world history. 

he took credit for the liquidity induced, distorted ramp of the last 4 yrs; let him take the blame for what is now happening.
legendary
Activity: 2100
Merit: 1000
June 21, 2013, 10:02:43 AM
But we don't know what Ben can do, whe can not read his mind or see his tarot cards, so hyperinflation is also possible.

Sure we can... review the press conference.  Every time he mentions downside risk his voice cracks and he looks like he wants to cry.  It is written all over his face.  The other thing I noticed is that he threw in we are ready to taper or INCREASE easing as necessary.  The markets are starting to play chicken with him instead of dutifully following along.

Playing chicken?? lol they have been trying to play chicken since 2010 but bears got
crushed. You cant mess with the fed.. The feds free money has been propping up the market esp likes of jpm who has infinite spending power. Any idiot would be foolish to think they would let the jig up that wallstreet tries to hide so well.

So you believe it is possible to centrally manage an economy?  Interesting perspective in the face of historical evidence.

And yes, the Fed has been playing chicken with the markets, but now the tables have turned and it is the markets playing with Ben.

A central bank or a fed leader can't impact the market indefinitely
They will be caught off guard by the market forces
sr. member
Activity: 280
Merit: 250
June 21, 2013, 07:17:05 AM
But we don't know what Ben can do, whe can not read his mind or see his tarot cards, so hyperinflation is also possible.

Sure we can... review the press conference.  Every time he mentions downside risk his voice cracks and he looks like he wants to cry.  It is written all over his face.  The other thing I noticed is that he threw in we are ready to taper or INCREASE easing as necessary.  The markets are starting to play chicken with him instead of dutifully following along.

..assuming he tells us what he is going to do, and assuming that he knows what to do himself. I assume neither of those.
kjj
legendary
Activity: 1302
Merit: 1026
June 21, 2013, 06:05:46 AM
Im trying to get some cash. Wonder if we will get a worldwide cyprus event soon.

Seems unlikely to me.  Cyprus was caused by an inability to devalue.  Most of the world doesn't have that problem.

Mind you, we have different, potentially worse, problems.  We just don't have that particular failure mode on the menu.
legendary
Activity: 1372
Merit: 1000
June 21, 2013, 12:42:10 AM
Buying local gold soon Cool

Wife is a happy wife.
I recommend you print a paper wallet and give her some XBT, that will help too. (Every time she wants to sell it, make sure and if push comes to shove start preaching about security and how technical it is and how in trust worthy the exchanges are ...
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