the silence is deafening. i think all the kids got shaken out...
Aww its friday. They are all just contemplating the massive injection big Ben is about to unload..
If I'm lucky later tonight my big Ben will get some love too..
Topic: Gold collapsing. Bitcoin UP. - page 1452. (Read 2032274 times)
Aww its friday. They are all just contemplating the massive injection big Ben is about to unload..
If I'm lucky later tonight my big Ben will get some love too..
the silence is deafening. i think all the kids got shaken out...
actually, it was an exciting "flat" for me. all my subscribers know that i saw a flat topped ascending triangle developing months ago which was bullish for me.
I don't like to say the words that is agree with you, which might make you over confidence and you cannot warn us subscribers any danger in the future letter.
This is why I like silverox. actually, i like silverox too. much better imagery.
actually, it was an exciting "flat" for me. all my subscribers know that i saw a flat topped ascending triangle developing months ago which was bullish for me.
I don't like to say the words that is agree with you, which might make you over confidence and you cannot warn us subscribers any danger in the future letter.
This is why I like silverox. the way i see it, these aren't just daily fluctuations.
Bitcoin has been rising since November and gold falling since last August.
gold has not collapsed i admit (yet).
Bitcoin has been rising since November and gold falling since last August.
gold has not collapsed i admit (yet).
Then you shouldn't have any trouble seeing the gradual reversal of the downtrend in gold
The same would apply to the USDX being below 81.75 and dropping. The Fed today (and central banking worldwide) is following and exaggerating trends - exactly the opposite of what it's supposed to be doing: anticipating and compensating. This weekend will be the beginning of officially-resumed monetary intervention through a globally coordinated effort.
Looking at Kitco's gold to currency comparison, only the JPY and USD are stronger relative to gold, and then only on a 60-day basis. Every other time-frame is gold-positive. In fact, Bitcoin is about the only 'currency' that's truly strong against gold at the moment - not even silver has taken off yet. Amusingly enough, papiermarks are gaining relative to gold presumably because of their limited stock and historical significance - not that it takes much for a $2 piece of paper to trade 50-100% higher.
Anything beyond 60-days is green for gold.
I'll make a chart including BTC soon
if what we're in right now is a flat, then its the most exciting flat i've ever seen. 
We're such a bunch of Bitcoin junkies
Bitcoin has been rising since November and gold falling since last August.
But the three month flat is really boring
if what we're in right now is a flat, then its the most exciting flat i've ever seen.
Bad grammar. it should be a "was"
actually, it was an exciting "flat" for me. all my subscribers know that i saw a flat topped ascending triangle developing months ago which was bullish for me.
Bitcoin has been rising since November and gold falling since last August.
But the three month flat is really boring
if what we're in right now is a flat, then its the most exciting flat i've ever seen.
Bad grammar. it should be a "was"
Bitcoin has been rising since November and gold falling since last August.
But the three month flat is really boring
and I think the bitcoin can be flat itself improve something to the world: bitcoin don't need to be a speculate bubble to be used and traded by the community members.
if what we're in right now is a flat, then its the most exciting flat i've ever seen.
Bitcoin has been rising since November and gold falling since last August.
But the three month flat
(always bad grammar of mine)and I think the bitcoin can be flat itself improve something to the world: bitcoin don't need to be a speculate bubble to be used and traded by the community members. Even there had been a 90% loss, the bitcoin can still recover, which will be very convincing for people to trust bitcoin.
Hopefully that we will reach 33$ very soon.
lets imagine the reverse:
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
That isn't the issue. It's one thing to get excited about daily changes, and another to say an investment is collapsing or going to the moon because of a few days' movements.
In other words: focusing on technicals while dismissing fundamentals, and conflating the former with the latter.
the way i see it, these aren't just daily fluctuations.
Bitcoin has been rising since November and gold falling since last August.
gold has not collapsed i admit (yet).
lets imagine the reverse:
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
That isn't the issue. It's one thing to get excited about daily changes, and another to say an investment is collapsing or going to the moon because of a few days' movements.
In other words: focusing on technicals while dismissing fundamentals, and conflating the former with the latter.
lets imagine the reverse:
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
Gold: +12%
Bitcoin: -4%
how many of you would be willing to remain silent w/o hootin' and hollerin' in my face in the short term until 2013?
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.
there's some truth to this. so what do you recommend? shutting down this thread until 2013? even then if gold is at $500 and Bitcoin at $1625 there will always be someone who'll say "it isn't over".
it's just that the discrepancy at this stage is so HUGE i don't think you can ignore it.
Bitcoin today: up
Gold today: flat
FTFY
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.
.I, for myself, wont call this anytime before 2013.
And to think I've been ripped on for looking at monthly, yearly, and even longer-term trends...
Way to ignore the "outliers" that happen to be high volume on downdrafts. 
The spikes are statistically insignificant in terms of the sample size; there is more than enough data to show that the trend in volume is down as price declines.
This is similar to 'luck' with regard to mining. We don't get too excited about finding two blocks in rapid succession because statistically they average out.
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.
The range has been narrowing, and in a curved pattern far more likely to form a cup than a drop-off. Volume is staring you in the face as well. Thanks for giving us your money!
Way to ignore the "outliers" that happen to be high volume on downdrafts.
Bitcoin: +12%
Gold: -4%
Gold: -4%
i've lost my connection to mtgoxlive. must be alot of ppl scrambling to get in.
www.btccharts.com is best charts.
Yup, this one is working.
i've lost my connection to mtgoxlive. must be alot of ppl scrambling to get in.
www.btccharts.com is best charts.
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