Author

Topic: Gold collapsing. Bitcoin UP. - page 1396. (Read 2032274 times)

legendary
Activity: 1764
Merit: 1002
September 18, 2012, 12:06:51 PM

legendary
Activity: 1764
Merit: 1002
September 18, 2012, 11:26:44 AM
The Daaash for ______ ____!
newbie
Activity: 38
Merit: 0
September 18, 2012, 09:59:47 AM
oh no! better panic sell some of my watches  Roll Eyes
sr. member
Activity: 434
Merit: 251
September 18, 2012, 09:54:36 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

no, b/c that resistance level is more than offset by "momentum".  i'm the one standing in front of the train. Grin

we're back where we were yesterday.  offer is still on.

Now that we're back at 1770, at least you can be sure that I'm not just refusing your bet because the action goes in your favor.
But I'm still not taking the bet. The train might stop, go back 1 or 2 stations before going to the next station.
Betting on a 1% variation up or down is just too high variance (too much luck, not enough skill) to me, I'm not that much of a gambler.
legendary
Activity: 966
Merit: 1003
September 18, 2012, 09:20:41 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

no, b/c that resistance level is more than offset by "momentum".  i'm the one standing in front of the train. Grin

we're back where we were yesterday.  offer is still on.

I'll bet you 1 btc that gold will hit 1793 before 1751. Wink

this is btwn labestiol and me.  he offered the bet yesterday and i'm just responding to him.

lol, ok.
legendary
Activity: 1764
Merit: 1002
September 18, 2012, 09:19:57 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

no, b/c that resistance level is more than offset by "momentum".  i'm the one standing in front of the train. Grin

we're back where we were yesterday.  offer is still on.

I'll bet you 1 btc that gold will hit 1793 before 1751. Wink

this is btwn labestiol and me.  he offered the bet yesterday and i'm just responding to him.
legendary
Activity: 966
Merit: 1003
September 18, 2012, 09:18:41 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

no, b/c that resistance level is more than offset by "momentum".  i'm the one standing in front of the train. Grin

we're back where we were yesterday.  offer is still on.

I'll bet you 1 btc that gold will hit 1793 before 1751. Wink
legendary
Activity: 1764
Merit: 1002
September 18, 2012, 08:59:40 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

no, b/c that resistance level is more than offset by "momentum".  i'm the one standing in front of the train. Grin

we're back where we were yesterday.  offer is still on.
sr. member
Activity: 476
Merit: 250
September 18, 2012, 08:01:24 AM

Again, a weak dollar is the goal.

"What ? Our debt is gigantic and foreigners are still accepting our paper like it's gold ? Better make more of it !"
Makes a lot more sense now does it ?

That's their rationale. Mine was the unintended consequence that the Keynesian blindspot misses.

What originally attracted me to bitcoin was that it solved the supply problem. I'm very curious to see if the feedback loop for velocity and nominal value will hold up if bitcoin hits some kind of critical mass.
sr. member
Activity: 434
Merit: 251
September 18, 2012, 07:56:42 AM
QE3 is addressing it, for someone.
At the expense of all the others (us)...

It defies logic.

"What? Our unit of account is dropping in value? Better make more of it!"

Again, a weak dollar is the goal.

"What ? Our debt is gigantic and foreigners are still accepting our paper like it's gold ? Better make more of it !"
Makes a lot more sense now does it ?
sr. member
Activity: 476
Merit: 250
September 18, 2012, 07:51:05 AM
QE3 is addressing it, for someone.
At the expense of all the others (us)...

It defies logic.

"What? Our unit of account is dropping in value? Better make more of it!"
hero member
Activity: 731
Merit: 503
Libertas a calumnia
September 18, 2012, 07:41:24 AM
Lack of fiat is an ongoing problem. Getting worse, too.
QE3 is addressing it, for someone.

At the expense of all the others (us)...
sr. member
Activity: 434
Merit: 251
September 18, 2012, 01:40:45 AM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

we already have the 1500/1900 symmetrical bet so i was thinking of another one since 1793 has special importance for me.  its a good thing you disappeared when i proposed that at 1772 since we almost hit 1750 today.  Wink

20$ swings can happen so fast in this markets, I would have refused even if I saw your message at 1770. Especially with resistance at 1793 I don't think it is profitable for me to bet on that Tongue
The fact which made me want to bet again was that you think 1793 is a top which won't be breached, so a bet that it'll be breached before year's end makes sense.
legendary
Activity: 1764
Merit: 1002
September 17, 2012, 06:15:27 PM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin

we already have the 1500/1900 symmetrical bet so i was thinking of another one since 1793 has special importance for me.  its a good thing you disappeared when i proposed that at 1772 since we almost hit 1750 today.  Wink
sr. member
Activity: 476
Merit: 250
September 17, 2012, 05:07:30 PM
Problem is I don't have enough fiat these days to achieve the PM/BTC distribution I want.

Lack of fiat is an ongoing problem. Getting worse, too.
sr. member
Activity: 434
Merit: 251
September 17, 2012, 05:01:10 PM
I'll probably swap some pm into btc soon. Blasphemy !  Grin

Never! Turn fiat into btc and pm. Diversify, diversify, diversify.

Problem is I don't have enough fiat these days to achieve the PM/BTC distribution I want.
sr. member
Activity: 476
Merit: 250
September 17, 2012, 04:43:41 PM
I'll probably swap some pm into btc soon. Blasphemy !  Grin

Never! Turn fiat into btc and pm. Diversify, diversify, diversify.
sr. member
Activity: 434
Merit: 251
September 17, 2012, 04:23:08 PM

ok, lets do this.  i bet you 1 BTC it will hit 1751 before it hits 1793.  how's that?

Nah, I don't think it's a good bet. It can easily hit 1751, especially with tonight close Tongue
I was more thinking about a close over 1793 before year's end. How's that ?

btw you might have a bad influence on me, I'll probably swap some pm into btc soon. Blasphemy !  Grin
legendary
Activity: 1764
Merit: 1002
September 17, 2012, 03:27:20 PM
This thread was started 3/13:

Bitcoin  5.40

Gold 1690


today 9/17:

Bitcoin 11.68 (up ~116%)  11.95 (up 121%)

Gold 1756   (up ~4%)


BTC seems to rising slightly, after the 35% crash,  from the 10-11 range.

The PM's seem to be taking a breather today after all the post QE announcement bliss.

BTC is still outperforming gold.


GPL 2.32  (Silver lg  @ 1.98)  up 17%

check your math:

Difference:  117% advantage Bitcoin.
legendary
Activity: 966
Merit: 1003
September 17, 2012, 03:13:03 PM
This thread was started 3/13:

Bitcoin  5.40

Gold 1690


today 9/17:

Bitcoin 11.68 (up ~116%)

Gold 1756   (up ~4%)


BTC seems to rising slightly, after the 35% crash,  from the 10-11 range.

The PM's seem to be taking a breather today after all the post QE announcement bliss.

BTC is still outperforming gold.


GPL 2.32  (Silver lg  @ 1.98)  up 17%
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