Author

Topic: Gold collapsing. Bitcoin UP. - page 1425. (Read 2032272 times)

legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
August 03, 2012, 02:50:08 PM
It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
legendary
Activity: 1316
Merit: 1005
August 03, 2012, 02:45:52 PM
Bitcoin:  +106%

Gold:  -5%

Diff:  +111% ADVANTAGE BITCOIN!

To close the gap to Bitcoin, gold would have to double. Possible, and even probable (for physical gold), but then again - nobody has argued that gold would outpace Bitcoin's growth. Tongue

As tvbcof pointed out, they have nearly identical purposes, but are in different classes.

Gold is on the launchpad, its purpose to escape the the planet's gravity. It's a short event, taking minutes until in orbit.

Bitcoin gets launched from space and is gaining momentum for interplanetary travel. Velocity is built up over time, taking weeks to months.
legendary
Activity: 1764
Merit: 1002
August 03, 2012, 01:01:16 PM

Bitcoin:  +106%

Gold:  -5%

Diff:  +111% ADVANTAGE BITCOIN!
legendary
Activity: 1764
Merit: 1002
August 03, 2012, 12:06:16 PM
Bitcoin:  +103%

Gold:  -5%

Diff:  +108% ADVANTAGE BITCOIN!
legendary
Activity: 966
Merit: 1003
August 03, 2012, 11:01:39 AM
Gold sure seemed to have recovered quick..  I wonder what were going to be at before the next fomc..  1700??

you wish..  Tongue

It's collapsing upwards!!  Don't you know?? Wink
hero member
Activity: 504
Merit: 500
August 03, 2012, 10:59:38 AM
Gold sure seemed to have recovered quick..  I wonder what were going to be at before the next fomc..  1700??

you wish..  Tongue
legendary
Activity: 966
Merit: 1003
August 03, 2012, 10:55:05 AM
Gold sure seemed to have recovered quick..  I wonder what were going to be at before the next fomc..  1700??
legendary
Activity: 1764
Merit: 1002
August 03, 2012, 10:37:54 AM
miscreanity:

legendary
Activity: 1050
Merit: 1000
August 03, 2012, 10:13:52 AM
Bitcoin - so lightweight, yet so rich.
legendary
Activity: 1764
Merit: 1002
August 03, 2012, 10:08:17 AM
Then it'll have to pass the torch.

its happening right before your eyes.  wake up man.
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
August 03, 2012, 04:29:21 AM
Difference: 101% ADVANTAGE BITCOIN

Gold getting schooled? It's older and more experienced. There are still some tricks up its shiny sleeve. Then it'll have to pass the torch.

Gold is too old to rock, no more rocking for gold.

legendary
Activity: 1316
Merit: 1005
August 02, 2012, 10:40:48 PM
Difference: 101% ADVANTAGE BITCOIN

Gold getting schooled? It's older and more experienced. There are still some tricks up its shiny sleeve. Then it'll have to pass the torch.
legendary
Activity: 1764
Merit: 1002
August 02, 2012, 04:01:40 PM
this thread was started 3/13

Bitcoin  5.40

Gold 1690.


today 8/2

Bitcoin 10.51 (up ~95%)

Gold 1588  (down ~6%)

BTC is double digits! , Gold is inching back to parity.  BTC is outperforming gold.


GPL 1.66  (Silver lg  @ 1.98)  




Difference: 101% ADVANTAGE BITCOIN
legendary
Activity: 1904
Merit: 1002
August 02, 2012, 03:38:26 PM
The Daaash for Digital Caaash! Wink

You should make an animation in flash with pictures and the phrase to post each time....that would be awesome!...kind of like a flash signature

flash is so 00s, we use animated gif nowadays.

Cheesy
legendary
Activity: 1764
Merit: 1002
August 02, 2012, 03:38:08 PM
The Daaash for Digital Caaash! Wink

You should make an animation in flash with pictures and the phrase to post each time....that would be awesome!...kind of like a flash signature

flash is so 00s, we use animated gif nowadays.

make me one!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 02, 2012, 03:38:01 PM
The Daaash for Digital Caaash! Wink

You should make an animation in flash with pictures and the phrase to post each time....that would be awesome!...kind of like a flash signature

flash is so 00s, we use animated gif nowadays.

You get the idea though...
donator
Activity: 2772
Merit: 1019
August 02, 2012, 03:35:20 PM
The Daaash for Digital Caaash! Wink

You should make an animation in flash with pictures and the phrase to post each time....that would be awesome!...kind of like a flash signature

flash is so 00s, we use animated gif nowadays.
legendary
Activity: 4760
Merit: 1283
August 02, 2012, 03:22:01 PM
...

The only market I know of that isn't currently subject to obscurity through derivatives is Bitcoin. I think it's rather telling that traditional markets have been experiencing an increase in volatility in recent times as Bitcoin has been seeing a decrease. We'll see how long Bitcoin can remain stable as turmoil elsewhere continues escalating.

...


Bitcoin is worse off than just having derivatives + counterparty risk hassles...It is a very thin market in which anyone with any semi-significant bit of money to play with can manipulate greatly.

My theory is that Bitcoin is ultimately useful enough and sound enough so that this won't be so much the case.  The most likely way for that to occurs is that BTC values raise significantly.  As this starts to occur it will (hopefully) be a self-perpetuating thing and show a really delightful snowballing effect.  That would be the 'jackpot' I mentioned earlier in this thread vis-a-vis my Bitcoin 'speculation' bringing BTC into the $1000's per range.

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 02, 2012, 02:13:21 PM
Bitcoin, the coin that keeps goin'  Cheesy
legendary
Activity: 1764
Merit: 1002
August 02, 2012, 02:12:10 PM
gold STILL doesn't seem to be doing so well.  Wink
Jump to: