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Topic: Gold collapsing. Bitcoin UP. - page 1305. (Read 2032274 times)

legendary
Activity: 1764
Merit: 1002
June 04, 2013, 05:20:43 PM
you too can do a George Soros.

I know you hate gold and all, but what is the colour of that coin in your avatar? It is gold! And why is it in the shape of a coin?

Like it or not even you know the power of a gold coin and what it represents. Adding the Baht logo to a gold coin tricks even the most hardcore delusionalists into thinking it is something it is really not.

Like it or not there is a place for gold, even if for you it is limited to your avatar.

/drunken rant

Hear that Cypherdoc?  Time to man up and change your avatar to some other color.  My Krugerrands will remain a funny off-gold hue due to the alloy which imparts extra durability.  I think I still have some Maples which are more 'pure' as it were, but I've not checked that SD box for many years and cannot remember exactly what the hell I have in there.



to be honest, the orange and green one's were my first choices, followed by cybrbeast's own avatar.

problem was, he couldn't get them to display with enough resolution b/c of the forum's limitations.

so i ended up choosing the gold one reluctantly (although i must say, those reflections look cool, eh?)  Wink

legendary
Activity: 4760
Merit: 1283
June 04, 2013, 04:59:31 PM
you too can do a George Soros.

I know you hate gold and all, but what is the colour of that coin in your avatar? It is gold! And why is it in the shape of a coin?

Like it or not even you know the power of a gold coin and what it represents. Adding the Baht logo to a gold coin tricks even the most hardcore delusionalists into thinking it is something it is really not.

Like it or not there is a place for gold, even if for you it is limited to your avatar.

/drunken rant

Hear that Cypherdoc?  Time to man up and change your avatar to some other color.  My Krugerrands will remain a funny off-gold hue due to the alloy which imparts extra durability.  I think I still have some Maples which are more 'pure' as it were, but I've not checked that SD box for many years and cannot remember exactly what the hell I have in there.

donator
Activity: 2772
Merit: 1019
June 04, 2013, 03:43:46 PM
you too can do a George Soros.

I know you hate gold and all, but what is the colour of that coin in your avatar? It is gold! And why is it in the shape of a coin?

Like it or not even you know the power of a gold coin and what it represents. Adding the Baht logo to a gold coin tricks even the most hardcore delusionalists into thinking it is something it is really not.

Like it or not there is a place for gold, even if for you it is limited to your avatar.

/drunken rant

in vino veritas
legendary
Activity: 1764
Merit: 1002
June 04, 2013, 11:07:06 AM
you too can do a George Soros.
b!z
legendary
Activity: 1582
Merit: 1010
June 04, 2013, 04:24:11 AM
Do you believe there's a point where Bitcoin will follow the other commodities?

Not in the next few years. Gold is something you can hold in your hand, many people who are new to technology would be skeptical about Bitcoin as it is digital.
legendary
Activity: 1764
Merit: 1002
June 04, 2013, 04:19:14 AM
Speculative attack = Borrow to Buy Bitcoin.

or BBB.
hero member
Activity: 617
Merit: 559
June 02, 2013, 01:09:05 AM
This trading week in the US markets will be very telling, as will the action we see @ Comex/Au and Ag.
legendary
Activity: 1246
Merit: 1000
June 01, 2013, 05:09:59 AM
Potentially a small percentage of the money that becomes available from all the people selling their stocks and gold could flow into bitcoin. They have to go somewhere, and there are not that many profitable places left. However people who suffer big losses there and who are also invested into bitcoin could be selling some of their bitcoins to compensate for their losses and remove risk of losing even more money. I wonder what all that USD is going to do though, who wants to compete with Bernanke's fake money that he has been throwing around like confetti? Tongue
hero member
Activity: 614
Merit: 500
June 01, 2013, 04:46:32 AM
I think it's about the stock market which looks like it's finally rolling over. S&P broke down through an important support line yesterday. I wonder if this bullish or bearish for bitcoin.. we'll see.

edit: and with it gold seems to be heading south again
donator
Activity: 2772
Merit: 1019
June 01, 2013, 04:35:06 AM
what are you guys on about?
legendary
Activity: 1834
Merit: 1019
June 01, 2013, 01:03:20 AM
Gottttta be
hero member
Activity: 784
Merit: 1000
May 31, 2013, 07:54:18 PM
Is it finally it?
legendary
Activity: 1764
Merit: 1002
May 31, 2013, 02:59:51 PM
lol, where did Ben go?
sr. member
Activity: 434
Merit: 250
May 31, 2013, 02:42:12 PM
Do you believe there's a point where Bitcoin will follow the other commodities?
legendary
Activity: 1764
Merit: 1002
May 31, 2013, 02:10:26 PM
Gold down.  Bitcoin steady.
legendary
Activity: 2324
Merit: 1125
May 29, 2013, 05:33:44 PM
And when all these bubbles explode, cash will be king.

which cash?


Probably USD, as most debts are in this currency.

Brilliantly explained here by Cypherdoc: Gold: I smell a trap.

Ah that inflationairy junk?
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
May 29, 2013, 04:30:37 AM
And when all these bubbles explode, cash will be king.

which cash?


Probably USD, as most debts are in this currency.

Brilliantly explained here by Cypherdoc: Gold: I smell a trap.

Interesting that he was choosing the corner at that time, but I think his explanation isnt as clear as it could be. The issue I believe (and I believe Cypher now agrees with me... pls correct me if I'm wrong) is that there is a divergence between the price of ETF's and physical bullion.
donator
Activity: 2772
Merit: 1019
May 29, 2013, 02:16:53 AM
Small Memorial day pull-back from the top of the recent rally does not even matter when you look at how
BTC is pwning Gold!!!

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 129.57.  Gold is 1386.00.  Nasdaq is 3488.00
Bitcoin: 2299.44%
Gold:    -17.99%
Nasdaq:  14.17%
Gold Diff:   2826% advantage Bitcoin
Nasdaq Diff:  2002% advantage Bitcoin[/b][/size]

great....Only problem is that means BTC is way over valued at the moment, it's gone haywire against notably one of the most stable metals on earth.

Funny how I was just postponing my planned metal purchase (via BTC) again because I still think BTC is way undervalued compared to gold.


ROFL!!! Bitcoin is way overvalued! Never heard more ludicrous statement. Bitcoin has never yet been overvalued since the inception, except perhaps for a few weeks or even days, couple of times, and even then only for those who cannot see beyond the next month or two.

I made some transaction very recently and I feel quite bad because I KNOW how unbelievably undervalued Bitcoin is. But my wife approves, she thinks a little diversification is a good thing.




Lol, for a second there I thought we disagreed. After seeing who you were, I double-checked and discovered you had answered to the previous poster.
sr. member
Activity: 434
Merit: 250
May 29, 2013, 01:26:47 AM
And when all these bubbles explode, cash will be king.

which cash?


Probably USD, as most debts are in this currency.

Brilliantly explained here by Cypherdoc: Gold: I smell a trap.
donator
Activity: 2772
Merit: 1019
May 29, 2013, 01:20:57 AM
And when all these bubbles explode, cash will be king.

which cash?
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