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Topic: Gold collapsing. Bitcoin UP. - page 491. (Read 2032286 times)

legendary
Activity: 1764
Merit: 1002
February 19, 2015, 01:22:12 AM
Finally capitulated and got a Trezor. Very cool.
legendary
Activity: 3122
Merit: 1538
yes
legendary
Activity: 2016
Merit: 1259
February 18, 2015, 03:28:47 PM
Do we ever expect BTC to be above gold again?
If yes, then when?

Should cross at about $850  this year  :p
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 18, 2015, 03:12:39 PM
Do we ever expect BTC to be above gold again?
If yes, then when?

Well, gold [as a store of value] is sorta an anachronism at this point, and Bitcoin's quickly becoming obsolete.  A race to the bottom.  But Bitcoin seems to be winning Undecided
Central banks surely didn't say their last word in terms of pushing gold further down, so I am sure we may come back to this discussion sooner than we expect.
Both assets seem to be on a verge of mining profitability with current prices, yet the constant down pressure checks whether the thin line can be moved further down. Indeed a race to the bottom.
sr. member
Activity: 378
Merit: 254
February 18, 2015, 03:01:38 PM
Do we ever expect BTC to be above gold again?
If yes, then when?

Well, gold [as a store of value] is sorta an anachronism at this point, and Bitcoin's quickly becoming obsolete.  A race to the bottom.  But Bitcoin seems to be winning Undecided
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
February 18, 2015, 02:57:02 PM
Do we ever expect BTC to be above gold again?
If yes, then when?
legendary
Activity: 1512
Merit: 1005
February 18, 2015, 02:45:13 PM
So we have diverse money transmitting companies and remittance companies.

Then we have Wallet to Wallet, or W2W

I think the B2B side of the legal marihuana industry is ripe for W2W

legendary
Activity: 1764
Merit: 1002
February 18, 2015, 02:18:46 PM
on balance, i think this is really great:

http://cir.ca/news/nyc-public-wi-fi/163615
legendary
Activity: 1764
Merit: 1002
February 18, 2015, 01:54:30 PM
that is cool.

reminds me of back when i was solo mining with Stratum.  you really get the feel of the power of the network watching hash guesses scrolling rapidly up your monitor in realtime.

Yes, that was definitely a fun part of mining, just sitting there and watching the hashes tick by and then realizing that there were many thousands of other miners doing the exact same thing. Bitcoin is easily the largest computer by far, the fact it is a distributed computer is amazing.

since slush was the guy who wrote Stratum, i assume it was he who was responsible for the hidden humor embedded in hashes with >100,000 difficulty --> "Yay!"
legendary
Activity: 1153
Merit: 1000
February 18, 2015, 01:51:14 PM
that is cool.

reminds me of back when i was solo mining with Stratum.  you really get the feel of the power of the network watching hash guesses scrolling rapidly up your monitor in realtime.

Yes, that was definitely a fun part of mining, just sitting there and watching the hashes tick by and then realizing that there were many thousands of other miners doing the exact same thing. Bitcoin is easily the largest computer by far, the fact it is a distributed computer is amazing.
legendary
Activity: 1764
Merit: 1002
February 18, 2015, 01:44:56 PM
Slightly OT, but I really like Coinbase's feed to track their exchange's order book in real time. I used to have a MtGox tracker, but Coinbase's is _much_ more functional.

If you are interested in seeing the feed work in real time, do the following.

In Chrome go to: https://exchange.coinbase.com/trade

Next click the bars in the upper right hand corner of Chrome. Select "More Tools" then "Developer Tools".
Next select the "Network" tab in the tools window.
Then hit F5 to refresh the full page.
A long list of network interfaces will appear, click on the one that starts with "ws-feed."
After clicking "ws-feed." a new windows will appear. Click on the "Frames" tab.
You might want to expand the window a bit to see more by dragging the left side of the developer tools window over a bit.

What you will now see is the real time feed of order flow, showing new orders to the book, trade matches, order cancellation, order changes, etc. The webpage will track these changes and visually display the real time book in the left side of the page.

Documentation on the feed is here: https://docs.exchange.coinbase.com/#websocket-feed

It's pretty fun to watch, well at least for me...




that is cool.

reminds me of back when i was solo mining with Stratum.  you really get the feel of the power of the network watching hash guesses scrolling rapidly up your monitor in realtime.
legendary
Activity: 1153
Merit: 1000
February 18, 2015, 01:30:21 PM
Slightly OT, but I really like Coinbase's feed to track their exchange's order book in real time. I used to have a MtGox tracker, but Coinbase's is _much_ more functional.

If you are interested in seeing the feed work in real time, do the following.

In Chrome go to: https://exchange.coinbase.com/trade

Next click the bars in the upper right hand corner of Chrome. Select "More Tools" then "Developer Tools".
Next select the "Network" tab in the tools window.
Then hit F5 to refresh the full page.
A long list of network interfaces will appear, click on the one that starts with "ws-feed."
After clicking "ws-feed." a new windows will appear. Click on the "Frames" tab.
You might want to expand the window a bit to see more by dragging the left side of the developer tools window over a bit.

What you will now see is the real time feed of order flow, showing new orders to the book, trade matches, order cancellation, order changes, etc. The webpage will track these changes and visually display the real time book in the left side of the page.

Documentation on the feed is here: https://docs.exchange.coinbase.com/#websocket-feed

It's pretty fun to watch, well at least for me...


legendary
Activity: 1153
Merit: 1000
February 18, 2015, 01:20:35 PM
-snip-
Thanks for the answer and the picture. It goes to my book with quotes.

Yes, thanks for the reference. Will have to check out some of Alvin's work.
legendary
Activity: 1764
Merit: 1002
February 18, 2015, 01:15:02 PM
Full node FUDsters, please note:  PRUNING

legendary
Activity: 1764
Merit: 1002
February 18, 2015, 01:12:47 PM
what stagnation?

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 18, 2015, 12:50:24 PM
-snip-
Thanks for the answer and the picture. It goes to my book with quotes.
legendary
Activity: 1764
Merit: 1002
February 18, 2015, 11:55:34 AM
up 19.2%.  gold sub 1200:

member
Activity: 111
Merit: 10
February 18, 2015, 07:52:32 AM
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 18, 2015, 07:50:37 AM
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.
That's a great quote, where/who is it from?
I bump this question, as I am also interested to know who was the author.
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