Topic: Gold collapsing. Bitcoin UP. - page 1352. (Read 2032266 times)
here's a great pair trade for you: buy Bitcoin:short silver. 
parity is inevitable. don't fight it.
here's a great pair trade for you: buy Bitcoin:short silver.
Bitcoin is not an experiment. It is a living organism - much like a virus. It mutates.
The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function
this fits exactly with what i was thinking.
an experiment is started with a fixed hypothesis which doesn't change throughout the duration of the experiment. a defined sequence of analytical steps are carried out to prove or disprove the original hypothesis. nothing changes.
Bitcoin, however, b/c of the open source nature will grow and adapt to anything threatening its survival. and we, as the open source community, will be the one's to facilitate any mutations required to evolve a stronger organism. much like a virus.
i never thought of the blockchain as being like DNA along with us as the ribosomes. that's beautiful.
the silverbox update (comparison from the beginning of this thread):
Bitcoin: +296%
Gold: -2%
GPL: -25% silverbox long
Diff: +298% advantage Bitcoin and growing.
Bitcoin: +296%
Gold: -2%
GPL: -25% silverbox long
Diff: +298% advantage Bitcoin and growing.
Bitcoin is not an experiment. It is a living organism - much like a virus. It mutates.
The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function
THIS is brilliant!
Dare I say it?
Gold collapsing. Bitcoin UP.
Gold collapsing. Bitcoin UP.
Bitcoin is not an experiment. It is a living organism - much like a virus. It mutates.
The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function
We just made history.
Unfortunately your guess on Feb 1st price would probably be wrong then.
which guess was this?
We just made history.
Unfortunately your guess on Feb 1st price would probably be wrong then.
We just made history.
the silverbox update (comparison from the beginning of this thread):
Bitcoin: +269%
Gold: -1%
GPL: -25% silverbox long
Diff: +270% advantage Bitcoin and growing.
Bitcoin: +269%
Gold: -1%
GPL: -25% silverbox long
Diff: +270% advantage Bitcoin and growing.
Looks like Jeff got a package http://garzikrants.blogspot.com/2013/01/once-upon-time-in-china-package-shipped.html
that was probably him last nite at Eligius?
I don't think so, he got it today and din't even plug it in.
Looks like Jeff got a package http://garzikrants.blogspot.com/2013/01/once-upon-time-in-china-package-shipped.html
that was probably him last nite at Eligius?
Looks like Jeff got a package http://garzikrants.blogspot.com/2013/01/once-upon-time-in-china-package-shipped.html
But then, suddenly, they ceased to appreciate, Lira says, because “the markets collectively realized that the counterparties to those CDS contracts might not be able to pay up.” This, Lira asserts, is exactly what is occurring in gold, as paper certificates have come to greatly exceed the supply of ingots held in vaults. The result, he says, is that “the global precious metals markets are essentially a game of musical chairs, with far fewer seats than players—far less gold than gold holders. And market participants collectively know this. Which is why they don’t trust their counterparties. Which is why gold isn’t rising like a shot.”
It is a living organism - much like a virus.
More than that, it creates a foundation (along with other distributed networks) for something much greater than a new financial system
I think that almost nobody will realize when it happens, at least not right away. The shift will probably be too subtle, seeming like an incremental advance rather than a monumental change.
The geeks fail to understand that which they hath created .
I'l just leave this here...
http://www.rugatu.com/questions/6661/funny-meme-required
Me, I've been pretty successful with doubling-down. But I'm terrible at calling the top.
I think that skill will only come with time and experience. I'm twenty, when I first entered the market I had no exposure to cycle theory or event economics, but I've definitely matured as a trader (since I have better control over panic buyig or selling). I'm sure cypherdoc didn't get to where he was in just a few years, but rather decades of watching the markets combined with a studious perspective towards technical analysis and a better understanding of ones own fear and greed reactions and extrapolating that to others, some who may be more rigid or some of who may be less disciplined; ruminating in a hybrid of top down AND bottom up psychological perspective
this is one of my favorite posts from back in the Depression: https://bitcointalksearch.org/topic/m.595430
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