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Topic: Gold collapsing. Bitcoin UP. - page 1409. (Read 2032274 times)

legendary
Activity: 1316
Merit: 1005
August 26, 2012, 12:59:30 AM
Not surprisingly, the weekly data shows a screaming buy.



Anything in the $8 range is a discount.
legendary
Activity: 966
Merit: 1003
legendary
Activity: 4760
Merit: 1283
August 25, 2012, 08:51:34 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.

its not over.

You've been waiting a year for gold to collapse.  I've been waiting a year for it to start it's next leg up.  No joy for either of us yet.  I can wait another year (or actually many) and I suppose you can also since unless you continue to hold a lot of short possitions, it's just a matter of the satisfaction of having a correct prediction and decent analytics abilities.  Actually, if people have paid you for your advice, I suppose that it's also a matter of giving your clients their moneys-worth in your case as well.

legendary
Activity: 1764
Merit: 1002
August 25, 2012, 06:19:46 PM
aw, you had to go and ruin it!  Wink
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 06:02:58 PM
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 05:57:59 PM
oh my!
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 05:57:08 PM
The Daaash for Digital Caaash! 

Where's the veeeeeeedeeeeee-oh?! Smiley

shhhhhhhhh!
legendary
Activity: 1316
Merit: 1005
August 25, 2012, 05:46:52 PM
The Daaash for Digital Caaash! 

Where's the veeeeeeedeeeeee-oh?! Smiley
legendary
Activity: 1190
Merit: 1004
August 25, 2012, 05:35:51 PM
The fed will announce QE3 soon, though they might make up a new name for it. Gold prices will start a new run up to new highs over the next year.
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 05:22:43 PM
The Daaash for Digital Caaash! 
sr. member
Activity: 434
Merit: 251
August 25, 2012, 05:06:41 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.
its not over.

Absolutely. The $3k level isn't far off, and that's just a stepping stone. Smiley

It see with mixed emotions all the metal people on youtube getting all excited patting themselves on the back for having called bottoms and breakouts and talking about insane rallys to come in gold and silver. They seem absolutely certain that "this is it" and it will rocket to unknown new highs within the year and well beyond next year. Are these people being a bit emotional and getting carried away?

I agree it's really too early to celebrate. And to be honnest early celebrations like that worry me.
What's interesting is that there's been for example Bill Murphy from gata quoting "insider" sources doing bold (crazy ? stupid ?) predictions, like 100% upside in 90 days.  (link). And from what I know he's not a "gold to the moon tomorrow" kind of analyst.
Time will tell I guess.
legendary
Activity: 1316
Merit: 1005
August 25, 2012, 05:04:37 PM
It see with mixed emotions all the metal people on youtube getting all excited patting themselves on the back for having called bottoms and breakouts and talking about insane rallys to come in gold and silver. They seem absolutely certain that "this is it" and it will rocket to unknown new highs within the year and well beyond next year. Are these people being a bit emotional and getting carried away?

They remind me of myself when bitcoin is in a rally: I get all excited and sell all my fiat, thinking it'll go to the moon and telling everybody,... yet it never really does. The fundamentals are sound, but that alone doesn't merit a crazy exponential rally, which I'm secretly hoping for (officialy I want slow steady healthy increase)

Getting excited over price is one thing - watching the movement occurring in the background is another. The same applies to Bitcoin - price action has been all over the place, but sentiment toward the system has been gradually approaching wider acceptance. Price eventually follows reality - no matter how long it might take.
donator
Activity: 2772
Merit: 1019
August 25, 2012, 03:37:05 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.
its not over.

Absolutely. The $3k level isn't far off, and that's just a stepping stone. Smiley

It see with mixed emotions all the metal people on youtube getting all excited patting themselves on the back for having called bottoms and breakouts and talking about insane rallys to come in gold and silver. They seem absolutely certain that "this is it" and it will rocket to unknown new highs within the year and well beyond next year. Are these people being a bit emotional and getting carried away?

They remind me of myself when bitcoin is in a rally: I get all excited and sell all my fiat, thinking it'll go to the moon and telling everybody,... yet it never really does. The fundamentals are sound, but that alone doesn't merit a crazy exponential rally, which I'm secretly hoping for (officialy I want slow steady healthy increase)
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 02:26:04 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.
its not over.

Absolutely. The $3k level isn't far off, and that's just a stepping stone. Smiley

i'd say be real careful.  there are warning signs.
legendary
Activity: 1316
Merit: 1005
August 25, 2012, 02:15:52 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.
its not over.

Absolutely. The $3k level isn't far off, and that's just a stepping stone. Smiley
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 02:13:02 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.

its not over.
member
Activity: 102
Merit: 10
August 25, 2012, 02:09:55 PM
I admit my bitcoin performed much better when i bough at 8.8 and sold at 15. But my gold holdings are doing quite well; not collapsing.
legendary
Activity: 1764
Merit: 1002
August 25, 2012, 12:03:43 PM
I bought back most of my BTC the last couple days.  I was considering waiting for the weekend, but it looks unlikely that Pirate is gonna do much of anything but stall.  I shoulda bought for high 7s last Sunday Wink.  Oh well buying back for high 9s, low 10s when I sold for more gives me more coins then I had before Wink


smart move.  no $5-6 here.  Wink
member
Activity: 75
Merit: 10
August 25, 2012, 10:10:12 AM
I think it will hit 1800 http://www.forexpros.com/commodities/gold-technical
STRONG BUY  Grin i wish i didn't sell my gold Smiley
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