the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +715%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +722% advantage Bitcoin
Topic: Gold collapsing. Bitcoin UP. - page 1338. (Read 2032266 times)
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +703%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +710% advantage Bitcoin
Bitcoin: +703%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +710% advantage Bitcoin
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +696%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +703% advantage Bitcoin
Bitcoin: +696%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +703% advantage Bitcoin
This goes for you too cypherdoc
If you were Bit-Rich, what would you do to make the world a better place?
If you were Bit-Rich, what would you do to make the world a better place?
You know it's crazy when you have to post it 5 times a day.
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +691%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +698% advantage Bitcoin
Bitcoin: +691%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +698% advantage Bitcoin
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +674%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +681% advantage Bitcoin
Bitcoin: +674%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +681% advantage Bitcoin
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +665%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +672% advantage Bitcoin
Bitcoin: +665%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +672% advantage Bitcoin
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +657%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +664% advantage Bitcoin
Bitcoin: +657%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -48% silverbox long
Diff: +664% advantage Bitcoin
My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued. But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.
There are until there aren't. When that happens (and it will - eventually)... watch out.
Nice comparison: http://www.businessinsider.com/this-chart-of-bitcoins-is-bananas-and-it-looks-a-lot-like-the-price-of-gold-2013-3
In my opinion, but gold and Bitcoin share a feature that they have been significantly undervalued. I personally doubt that either is in a bubble, but are simply on their way to a fair value. But speed-bumps are to be expected.
In the case of gold, the issue has been with the health and stability of debt-base inflationary monetary regimes. Gold simply cannot compete in such an environment.
In the case of Bitcoin, it is simple ignorance of the solution and lack of time to develop a viable economy.
My feeling continues to be that Bitcoin will outperform gold by orders of magnitude in the best-case scenario for each because Bitcoin is still much more undervalued. But also that there continue to be many risks associated with Bitcoin specifically and crypto-currencies generally and relatively fewer for gold.
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +645%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -43% silverbox long
Diff: +652% advantage Bitcoin and growing
Bitcoin: +645%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -43% silverbox long
Diff: +652% advantage Bitcoin and growing
The Daaash for Digital Caaash! 
Bitcoin: FUCK YEAH!
The Daaash for Digital Caaash!
Stop and think for a moment.
I know it seems so long ago but we just blew by silver with nary a heartbeat.
We are now experiencing the Slingshot Effect. Do you really think silver will still go parabolic?
I know it seems so long ago but we just blew by silver with nary a heartbeat.
We are now experiencing the Slingshot Effect. Do you really think silver will still go parabolic?
With silver there is a different market in physical and paper. Paper may go parabolic even when physical is in oversupply, and vice versa. In 1980 there was a paper silver spike with a glut on physical. In 2008 physical was mostly inobtainable and I could sell it for 2,5 times the paper silver price (whenever I found it in the supply network).
Even now there are signs of a physical shortage in silver. During the last 2 years more and more digits have been added to the market, and silver has gone down. Anything can happen, and I await for 1-2 more spikes in silver before the uptrend is consummated. Silver follows gold, and gold looks tame but the real action as always is behind the scenes.
Before bitcoin, silver was the ultimate parabolic bet. After the recent events in bitcoin, silver may be relegated to a lesser role, to conform to gold more.
There is a place for each in every portfolio that is larger than $0.5M. For people with less, I would suggest bitcoin first and then increasing amounts of silver. At $0.5M you start adding gold in even larger amounts.
Stop and think for a moment.
I know it seems so long ago but we just blew by silver with nary a heartbeat.
We are now experiencing the Slingshot Effect. Do you really think silver will still go parabolic?
I know it seems so long ago but we just blew by silver with nary a heartbeat.
We are now experiencing the Slingshot Effect. Do you really think silver will still go parabolic?
i just got done explaining to a client why i don't think we're going to see this.
I watched this last night. David Morgan is a master. He doesn't lie, but assume there's a stock that goes from $1 to $320 in 10 years.
It makes 10% of the way (from $1 to $30, a $29 increase) in 90% of the time (9 years), then goes from $30 to $320 (a $290 increase), making the "last 90%" in the last 10% of the time (1 year).
Is it still a good time to get in at $30? Sure!
But hell, I would rather ride the first 10% ($29, 3000%, 30-fold increase) than the last 90% (according to David Morgan "the bulk", which "only" constitutes a 1000%, 10-fold increase.
He makes it sound like the most money was still to be made in silver, which is not entirely the case. This guy has been in the game for over 30 years. What was his gain so far? I'm sure he sold in the 80s spike and re-acquired.
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +598%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -41% silverbox long
Diff: +605% advantage Bitcoin and growing
Bitcoin: +598%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -41% silverbox long
Diff: +605% advantage Bitcoin and growing
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):
Bitcoin: +590%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -41% silverbox long
Diff: +597% advantage Bitcoin and growing
Bitcoin: +590%
Gold: -7%
silverbox in big trouble. plumbing new lows.
GPL: -41% silverbox long
Diff: +597% advantage Bitcoin and growing
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