I suppose its that time!
this thread was started 3/13
Bitcoin 5.40
Gold 1690.
today 6/18
Bitcoin 6.30 (up ~17%)
Gold 1629 (down ~4%)
BTC is up significantly, Gold still hasn't collapsed. BTC is outperforming gold.
GLD 158 (cyp sh @ 152) (Better cover before BigBen sinks ya..)
GPL 1.98
Topic: Gold collapsing. Bitcoin UP. - page 1450. (Read 2032274 times)
BUT: he sais if USD deflates, prize of BTC will go down hard. with his thesis, you can make the analogon: if the USD inflates, the prize has to go up.
that means with the inflation in the last 2 years, BTC should only have gone up what it definitely didn't.
if you compare inflation rate of USD with BTC you dont se a correlation:
(this is the official inflation, but real inflation might be higher)
and how would you explain the recent 20% increase of BTC while inflation is going down last 2 month?
i think its possible that deflation (eventually a deflation-shock) will occur and have an influence on BTC price, but the new incoming "first time bitcoin users" who are looking for a save heaven for their money will hold the prize up (if not increase).
that means with the inflation in the last 2 years, BTC should only have gone up what it definitely didn't.
if you compare inflation rate of USD with BTC you dont se a correlation:
(this is the official inflation, but real inflation might be higher)
and how would you explain the recent 20% increase of BTC while inflation is going down last 2 month?
i think its possible that deflation (eventually a deflation-shock) will occur and have an influence on BTC price, but the new incoming "first time bitcoin users" who are looking for a save heaven for their money will hold the prize up (if not increase).
Mort Aux Vaches
...
All this talk of the bay area has me tempted to immigrate, I have friends living in SF, and it is one of the nicest cities I've seen on my travels. But the lawlessness of American cops and politicians has me scared off the US at the moment.....which is a real pity as I do admire the place, it's people and it's microbreweries
All this talk of the bay area has me tempted to immigrate, I have friends living in SF, and it is one of the nicest cities I've seen on my travels. But the lawlessness of American cops and politicians has me scared off the US at the moment.....which is a real pity as I do admire the place, it's people and it's microbreweries
while it is getting worse, most notably traffic ticket cops and the DMV, i haven't noticed it too much elsewhere. of course, i'm not one to need policing except for the speeding tickets.
My tricks to avoid hassles with cops:
- Be white
- have a haircut
- donate $25 to 'cops helping kids' to get a bumper-sticker. One of the best investments I ever made (excepting PM's and hopefully BTC.)
Your (YoYa's) picture thingy is second only to Chodpaba's Bob Dobs as my favorite here.
Cheers, also I've learned about the church of the subgenius as a result of your mention of Bob Dobs, double plus good
All this talk of the bay area has me tempted to immigrate, I have friends living in SF, and it is one of the nicest cities I've seen on my travels. But the lawlessness of American cops and politicians has me scared off the US at the moment.....which is a real pity as I do admire the place, it's people and it's microbreweries
while it is getting worse, most notably traffic ticket cops and the DMV, i haven't noticed it too much elsewhere. of course, i'm not one to need policing except for the speeding tickets.
Your (YoYa's) picture thingy is second only to Chodpaba's Bob Dobs as my favorite here.
Cheers, also I've learned about the church of the subgenius as a result of your mention of Bob Dobs, double plus good
All this talk of the bay area has me tempted to immigrate, I have friends living in SF, and it is one of the nicest cities I've seen on my travels. But the lawlessness of American cops and politicians has me scared off the US at the moment.....which is a real pity as I do admire the place, it's people and it's microbreweries
hey tv, are you from the country or did you make the conscious decision to move out there to avoid civil unrest?
I grew up mostly in rural areas and am comfortable with them and mostly prefer them. I get bored and ready for a change no matter what my situation, and my latest major vocation has been software engineering so it works well do alternate between the boonies and the Bay Area. I had a long string of opportunities which were to good to pass up so I went to long away from my country place (which has been in the family since it was homesteaded) and it's awfully nice to be back for a while. I still have duties which will bring me back to the Bay Area from time to time so that is a really good compromise.
As for civil unrest, it is something I have mused about but has not been a major factor influencing my life decisions. I do imagine that major population centers of the US and other parts of the developed world would collapse with stunning speed were supply chains to be disrupted and I would certainly rather observe that from afar.
i love the Bay Area. w/o getting too specific i spent 9 yrs of my life going to school there and always enjoy going back. the fact that you've been able to combine a rural existence with the majesty of the Bay is close to ideal.
hey tv, are you from the country or did you make the conscious decision to move out there to avoid civil unrest?
I grew up mostly in rural areas and am comfortable with them and mostly prefer them. I get bored and ready for a change no matter what my situation, and my latest major vocation has been software engineering so it works well do alternate between the boonies and the Bay Area. I had a long string of opportunities which were to good to pass up so I went to long away from my country place (which has been in the family since it was homesteaded) and it's awfully nice to be back for a while. I still have duties which will bring me back to the Bay Area from time to time so that is a really good compromise.
As for civil unrest, it is something I have mused about but has not been a major factor influencing my life decisions. I do imagine that major population centers of the US and other parts of the developed world would collapse with stunning speed were supply chains to be disrupted and I would certainly rather observe that from afar.
Lol, Rawdog is a gloried part of Bitcoin history, ragged on the bitcoin while he was a silver bug.....that didn't go too well for the poor fella.
But yeah, I'll be the brain slug if you want
Oh ya. That silver-v-bitcoin battle was winding down about the time I got interested (@ $16 and falling.) Rawdog was the preeminent silver-bug imbecile at the time, but that other who's name I forgot...'lizardfuel' I guess...was well represented as well. I guess those guys decided that Bitcoin was not going to dry up silver demand and moved on. Will be interesting to see if they come back should Bitcoin continue it's rise. Or maybe they've been at it all along...I stopped paying much attention to them or to Youtube vis-a-vis Bitcoin or PM's.
Your (YoYa's) picture thingy is second only to Chodpaba's Bob Dobs as my favorite here.
hey tv, are you from the country or did you make the conscious decision to move out there to avoid civil unrest?
Lol, Rawdog is a gloried part of Bitcoin history, ragged on the bitcoin while he was a silver bug.....that didn't go too well for the poor fella.
But yeah, I'll be the brain slug if you want
Oh ya. That silver-v-bitcoin battle was winding down about the time I got interested (@ $16 and falling.) Rawdog was the preeminent silver-bug imbecile at the time, but that other who's name I forgot...'lizardfuel' I guess...was well represented as well. I guess those guys decided that Bitcoin was not going to dry up silver demand and moved on. Will be interesting to see if they come back should Bitcoin continue it's rise. Or maybe they've been at it all along...I stopped paying much attention to them or to Youtube vis-a-vis Bitcoin or PM's.
Your (YoYa's) picture thingy is second only to Chodpaba's Bob Dobs as my favorite here.
yeah, this thread is all over the place, but that's the beauty of it. we all learn something new from each other everyday.
the title is what's compelling.
the title is what's compelling.
sorry for this OT discussion, but tvbcof, how far are you from sufficient connectivity? You can easily build cheap wifi link. 10 kilometers without amplification are possible (for example with a yagi antenna).
I have a sat-link at my parents. The bandwidth is amazing (actually getting 10-20 mbit/s down when there's no snow on the dish), but hell, a 300ms latency kills all the fun, even for basic surfing tasks. tcp connections just take too long to get going. I've been thinking about using a persistent proxy connection to an outside server...
Likewise on the OT, but this thread has a history of divergence...a not-insignificant amount of it being _my_ bad personally...
A noticeable part of my selection for some property in town for an office and investment was that it was favorably located both to avoid a tsunami and to make long-distance wi-fi a possibility. It's about 15 mi crow-flight from my country place. No direct line-of-site, but there is a point where if I could put a single repeater in, I would have two line-of-site paths with good ground clearance (one needs a diamond-shaped clearance...I forgot what it is called.) That point is in a state forest. If I could convince the authorities to let me put in a solar powered repeater, it might work. They would be necessarily concerned about fire issues, and I would be necessarily concerned about vandalism ant theft. This is one of my many projects to waste money in the future. Hopefully Bitcoin will pay off, and wasting money will not be a concern...I've always felt that Bitcoin is the one thing which _could_ make me stupidly wealthy and while the possibility is quite remote, it's vastly higher than winning the lottery (even if I did play the stupid thing.)
Bitcoin: +12%
Gold: -4%
Gold: -4%
hey cypher, you've been complaining that people shouldn't take your prediction so damn short-termly... so if things turn around again mid-term, you'll look bad again and then you can't say "relax, this was a long-term outlook" that easily any more, because you will have been bragging on tiny fluctiations yourself with updates every second hour
.I, for myself, wont call this anytime before 2013.
by the freneticism of your posts throughout this forum and the "bragging" poke, i'll bet you've been left behind on this latest ramp.
the better initial response to your post is this: I don't care. why? b/c i seriously don't think i have looked "bad" and if anything what's happening right now is that my thoughts are coming to fruition.
i agree that gold hasn't collapsed yet (it is down) but i'm still working on the collapse part.
Quote
“We’re getting requests from people literally saying, can we mail you euros [for bitcoins]? We can’t do that legally, but they keep asking.”
.... Smell's like marketing.
I'm not complaining, but hey, let call it what it is. I can see value for bitcoin in contexts other than protecting your assets within the Eurozone, and I'm not discounting bitcoin as a lesser hedge, but let's not get ahead of ourselves here.
yoya, all your posts cause cognitive dissonance with me. I know the guy in the photo is not you, but my brain is trying to associate the photo with what you write and that usually causes a conflict.
YoYa is the lil green guy?
didn't even think of that... I'll try that... thanks.
Lol, Rawdog is a gloried part of Bitcoin history, ragged on the bitcoin while he was a silver bug.....that didn't go too well for the poor fella.
But yeah, I'll be the brain slug if you want
Yeah those monthly limits have always turned me away from sat isp's, plus the horrible ping times. I live in the boonies, but there is a small telco in the area that upgraded to DSL a few years before I moved there, its suprisingly good service for how mom and pop it is. Previously it was 28.8 in that area . I just looked it up, looks like they put that excede sat up in Oct 11, not sure when they started rolling out the service, its very new for sure, and besides the growing pains of customer service and installer shortages, it seems to be going good so far, but I still hate monthly limits and 300ms ping times..
. I just looked it up, looks like they put that excede sat up in Oct 11, not sure when they started rolling out the service, its very new for sure, and besides the growing pains of customer service and installer shortages, it seems to be going good so far, but I still hate monthly limits and 300ms ping times..I'd give my left testicle for DSL. Reliable DSL, at least, since I know other rural folks who have pretty poor luck with it...slower than ISDN and non-functional a healthy percentage of the 365 days. I personally am way way to far from a CO which will support DSL for probably another decade. Even my land-line barely works for voice and all the planets need to be in alignment in order to get 28k POTS modem speeds for more than a few hours. We get about 2 trees/week (or drunk's and/or kid's cars and/or trucks) taking out whatever lines are not buried and at least one landslide/year getting those which are. It takes it's toll on infrastructure.
The tweaker infestation has become bad around here for whatever reason. Bad economy mostly I suspect. I'm going to augment my 357 tweaker repellent with a 12ga pretty soon I think. Thankfully I installed an alarm system some months ago and it scared a few off at 4:00am a month after I did so. The upload speed of the satellite indicates that I can probably feasibly have a remote surveillance system which works and it would be fun to play around with.
sorry for this OT discussion, but tvbcof, how far are you from sufficient connectivity? You can easily build cheap wifi link. 10 kilometers without amplification are possible (for example with a yagi antenna).
I have a sat-link at my parents. The bandwidth is amazing (actually getting 10-20 mbit/s down when there's no snow on the dish), but hell, a 300ms latency kills all the fun, even for basic surfing tasks. tcp connections just take too long to get going. I've been thinking about using a persistent proxy connection to an outside server...
Yeah those monthly limits have always turned me away from sat isp's, plus the horrible ping times. I live in the boonies, but there is a small telco in the area that upgraded to DSL a few years before I moved there, its suprisingly good service for how mom and pop it is. Previously it was 28.8 in that area . I just looked it up, looks like they put that excede sat up in Oct 11, not sure when they started rolling out the service, its very new for sure, and besides the growing pains of customer service and installer shortages, it seems to be going good so far, but I still hate monthly limits and 300ms ping times..
. I just looked it up, looks like they put that excede sat up in Oct 11, not sure when they started rolling out the service, its very new for sure, and besides the growing pains of customer service and installer shortages, it seems to be going good so far, but I still hate monthly limits and 300ms ping times..I'd give my left testicle for DSL. Reliable DSL, at least, since I know other rural folks who have pretty poor luck with it...slower than ISDN and non-functional a healthy percentage of the 365 days. I personally am way way to far from a CO which will support DSL for probably another decade. Even my land-line barely works for voice and all the planets need to be in alignment in order to get 28k POTS modem speeds for more than a few hours. We get about 2 trees/week (or drunk's and/or kid's cars and/or trucks) taking out whatever lines are not buried and at least one landslide/year getting those which are. It takes it's toll on infrastructure.
The tweaker infestation has become bad around here for whatever reason. Bad economy mostly I suspect. I'm going to augment my 357 tweaker repellent with a 12ga pretty soon I think. Thankfully I installed an alarm system some months ago and it scared a few off at 4:00am a month after I did so. The upload speed of the satellite indicates that I can probably feasibly have a remote surveillance system which works and it would be fun to play around with.
Anyone ready for gold and silver to take rocket upward after Sunday?
No. I cannot make it to the big city with a load of cash in that amount of time 
To tank up on the phyzzz of course That's ok. Bitcoin is better
I've got as much BTC as I need and want. I got pig-headed and pissed off and just kept buying down to the $2.00 level. It was fairly easy for someone who started at the $16.00 since one would get a shocking amount of BTC at each purchase. That's why my cost-basis is around $6.00 in spite of my unfortunate timing on getting started.
I was ready (and probably still am) ready to by another load of BTC if it gets below $2.00. I think we'll probably never see that again (absent a system failure) but one never knows. Certainly it seems much more likely than that PM's will crash.
The Silverox Update:
Bitcoin: +21.4%
Gold: -4%
Bitcoin: +21.4%
Gold: -4%
This is one of the most amazing things I have seen all day.
All. Day.
I was already on a trajectory to exceed my quota and had my service upgraded to 15G. And I had not even started to do any serious porn downloads! These fucking Windows and Android machines and bloated mail/apps services and the like really suck it down. Of course I am also updating the source to re-build my primary BSD machine which I've not been really able to do on 9600 baud modem for 5 years now, and that's taking a chunk. But for sure I'll be doing my movie downloads and porn surfing from my office in town!
Silverbox: I think the new birds have flown just earlier this year. The service is actually very usable, even doing remote terminal mode work (to my shock and amazement.) It does drop out for 5 minutes or so multiple times per day which is, I assume, due to certain operations which cannot be done hot and brought on by a mass migration and sales to the new sats. Will they oversell and hence the service degrade? I'm expecting it but would be happy to be pleasantly surprised. It will be interesting to see how Hughes responds. I expect favorably to the delight of my neighbors with that service.
Yeah those monthly limits have always turned me away from sat isp's, plus the horrible ping times. I live in the boonies, but there is a small telco in the area that upgraded to DSL a few years before I moved there, its suprisingly good service for how mom and pop it is. Previously it was 28.8 in that area
. I just looked it up, looks like they put that excede sat up in Oct 11, not sure when they started rolling out the service, its very new for sure, and besides the growing pains of customer service and installer shortages, it seems to be going good so far, but I still hate monthly limits and 300ms ping times.. Jump to: