Author

Topic: Gold collapsing. Bitcoin UP. - page 1548. (Read 2032281 times)

legendary
Activity: 966
Merit: 1003
March 19, 2012, 07:38:29 PM
Nope showed it to a guy calling for something to be happening that obviously isn't..

I don't care how many degree's you have on your wall and how many websites you have, I"m not jumping off the bridge with you Wink
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
March 19, 2012, 07:36:03 PM


a collapse doesn't have to happen suddenly. 

Uh by defintion a collapse is sudden..

http://www.bing.com/Dictionary/search?q=define+collapse&qpvt=define+collapse&FORM=DTPDIA

Collapse:

1.  to fall down suddenly, generally as a result of damage, structural weakness, or lack of support
"A section of cliff had collapsed into the sea."

2.  fail abruptly: to fail or come to an end suddenly
LOL.

You showed the dictionary definition of "collapse" to a "doc" specialized in "financial risk analytics" ?
legendary
Activity: 966
Merit: 1003
March 19, 2012, 07:19:06 PM
I like this thread, has it all: nuclear physics, market analysis, geopolitics,... so how to build a rocket?

Lol, my dog hasn't got their yet, He needs his graduate edumacation, then on to Warheads and Delivery systems he will go.  My dog rocks!!! Wink
legendary
Activity: 1904
Merit: 1002
March 19, 2012, 07:16:21 PM
I like this thread, has it all: nuclear physics, market analysis, geopolitics,... so how to build a rocket?

1. Force liquidate all the overleveraged longs.  In order for a rally to be sustainable, we need to shake out these people.  Check
2. Maintain constant buying pressure without repeating the mistake above. Pending?
3. When the shorts get force liquidated, you have your "rocket". Possible
donator
Activity: 2772
Merit: 1019
March 19, 2012, 07:09:07 PM
I like this thread, has it all: nuclear physics, market analysis, geopolitics,... so how to build a rocket?
legendary
Activity: 4760
Merit: 1283
March 19, 2012, 06:48:36 PM

a collapse doesn't have to happen suddenly. 

Uh by defintion a collapse is sudden..

http://www.bing.com/Dictionary/search?q=define+collapse&qpvt=define+collapse&FORM=DTPDIA

Collapse:

1.  to fall down suddenly, generally as a result of damage, structural weakness, or lack of support
"A section of cliff had collapsed into the sea."

2.  fail abruptly: to fail or come to an end suddenly

Elbow from the sky!

Unfortunately it seems that 'collapse' is a more appropriate description of Bitcoin's performance than that of PMs at the moment.  In a few more months, absent a pretty strong rally, we'll be looking at some pretty dismal yearly performance numbers for BTC.  If I'd have liquidated PMs to take a position in BTC, I'd be starting to become a pretty unhappy camper.

legendary
Activity: 966
Merit: 1003
March 19, 2012, 05:45:50 PM


a collapse doesn't have to happen suddenly. 

Uh by defintion a collapse is sudden..

http://www.bing.com/Dictionary/search?q=define+collapse&qpvt=define+collapse&FORM=DTPDIA

Collapse:

1.  to fall down suddenly, generally as a result of damage, structural weakness, or lack of support
"A section of cliff had collapsed into the sea."

2.  fail abruptly: to fail or come to an end suddenly
legendary
Activity: 1764
Merit: 1002
March 19, 2012, 05:26:40 PM
all the gold/silver bugs say that the end will be defined by a parabolic blow off.  i think they will be ground down the slow, painful way.

+1

The gold market is a touch more mature than bitcoin markets.

ya think?
legendary
Activity: 1904
Merit: 1002
March 19, 2012, 05:15:10 PM
all the gold/silver bugs say that the end will be defined by a parabolic blow off.  i think they will be ground down the slow, painful way.

+1

The gold market is a touch more mature than bitcoin markets.
legendary
Activity: 1764
Merit: 1002
March 19, 2012, 05:12:40 PM
Where's the collapse?? Smiley

Still positive for the year..




a collapse doesn't have to happen suddenly.  i called the gold top in August last year as well as the silver collapse from May last year.

all the gold/silver bugs say that the end will be defined by a parabolic blow off.  i think they will be ground down the slow, painful way.
legendary
Activity: 966
Merit: 1003
March 19, 2012, 05:09:23 PM
Where's the collapse?? Smiley

Still positive for the year..


legendary
Activity: 1764
Merit: 1002
March 19, 2012, 04:57:34 PM
a couple of additional points.  

there are ppl who suggest that golds retreat is indicative of fear coming out of the market resulting in an all clear sign for a continued ramp in stocks.  i see it differently.  it appears to me the progression of the rollover is going to be different than in 2007-08 in that this time pm's and commodities are rolling first to be later followed by the Dow and stocks.  back in 2007, the Dow rolled first in October only to be followed by gold and oil about 9 months later.  liquidity is coming out of the system as exemplified by the Greek debt writedown and the coming other PIGS.

shadow banking is also contracting substantially.

also, i've read a few posts that say stocks have little to no resistance to the upside from here.  i disagree.  look at the volume profile as it relates to the old highs btwn here and 14198.  this represents tremendous overhead resistance:

legendary
Activity: 2100
Merit: 1000
March 19, 2012, 04:11:39 PM
+1
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 2100
Merit: 1000
March 19, 2012, 03:18:01 PM
We still have a very fractured market after the weak close of the stock market. At least a sharp short term decline is going to happen very soon.
legendary
Activity: 2198
Merit: 1311
March 19, 2012, 11:34:32 AM
Gold Climbing ($1665), Market climbing(DOW 13250), AAPL (598) climbing...

Where is the Collapse?HuhHuh??  Smiley

My Dog is wagging his tail..

Everything up, bitcoin down?
legendary
Activity: 966
Merit: 1003
March 19, 2012, 11:26:04 AM
Gold Climbing ($1665), Market climbing(DOW 13250), AAPL (598) climbing...

Where is the Collapse?HuhHuh??  Smiley

My Dog is wagging his tail..
legendary
Activity: 4760
Merit: 1283
March 19, 2012, 06:23:17 AM
I can't find the link now; but I read that the only reason the world's nuclear scientists went with a uranium design instead of thorium (and continue to do so today, despite it being common knowledge that thorium would be safer/better) is because you don't get any weapons grade byproducts out of a thorium reactor.

I can't speak to the truth of that; but it doesn't sound outside the realms of possibility.

Indeed, a majority of 'nuclear energy' programs seem to be designed with the requirements of building a nuclear weapons capability as well.  I've heard it conjectured that we in the US have such a darn difficult time burying our spent nuclear waste for this reason.  Also that the graphite core reactors of the USSR were particularly good at generating plutonium.

I've also heard it said that Japan was burning MOX fuel in Diachi #3 primarily as an excuse to be extracting and generally dealing with plutonium.  Since they are, in theory, a non-nuclear weapons holding country, they needed an excuse to be extracting and refining Pu.  Even the US won't use MOX due to the hazards (so I understand.)  Diachi #3 is the one which had the impressively big bang and spread fuel rods all over the place, and now Japan has plutonium all over a fair fraction of their territory including some of the most productive farm land.  It is not clear to me yet whether those rods came from the reactor core of from the spent fuel pools (or both), but both had MOX fuel rods.

Japan even sent me on the West Coast USA a little gift of some plutonium fuel fleas.  Thanks a bunch!  See you in hell Tepco and the lying, corrupt Japanese government.

hero member
Activity: 504
Merit: 502
March 19, 2012, 05:40:09 AM
I can't find the link now; but I read that the only reason the world's nuclear scientists went with a uranium design instead of thorium (and continue to do so today, despite it being common knowledge that thorium would be safer/better) is because you don't get any weapons grade byproducts out of a thorium reactor.

I can't speak to the truth of that; but it doesn't sound outside the realms of possibility.
legendary
Activity: 1330
Merit: 1002
March 18, 2012, 09:39:14 PM
Quote from: bitcool
220 MWh / 6.5 MW, that's 34 hours/kg. The Bitcoin network is eating 0.7kg uranium every day.

And this is less than 3% of the power used by all the standby electronics in the world.  So, basically, nothing.

http://www.google.com/search?q=(6.5+megawatts)+%2F+(200+TWh+%2F+year)+in+percent
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