Author

Topic: Gold collapsing. Bitcoin UP. - page 613. (Read 2032266 times)

legendary
Activity: 1260
Merit: 1008
December 21, 2014, 11:20:55 AM

WTF!  Where are the dozens of posts to this thread?  I cypherdoc collapsing?  One would not think so.  BTC hit $330-ish...I would have expected to see the guy and his minions going balistic with glee.  Like this:

  https://www.youtube.com/watch?v=M1owcncKCHg

(Probably he's out for x-mas or some such.  Happy holidays all.)


We are running out of sidechains doping Smiley

Joking aside I prefer quality over quantity by a long shot.

Happy holidays everyone.
legendary
Activity: 1764
Merit: 1002
December 21, 2014, 10:48:12 AM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
Lol money is made last 1% of the cycle. It is lost 99% rest mostly... as i said so many times euphoria hadnt happened with dow and it is a long way up before the "cycle" is done.. better place to park money imo today
Your denial is a symptom of your euphoria.
No its called understanding how herd reacts in market cycles

Now you have my attention.

What type of analysis techniques do you use to measure cycles?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
December 21, 2014, 09:44:37 AM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
Lol money is made last 1% of the cycle. It is lost 99% rest mostly... as i said so many times euphoria hadnt happened with dow and it is a long way up before the "cycle" is done.. better place to park money imo today
Your denial is a symptom of your euphoria.
No its called understanding how herd reacts in market cycles
Perhaps, but it is way overdue for a correction. The herd is being led to a slaughter and it's going to be ugly.
legendary
Activity: 2044
Merit: 1005
December 21, 2014, 09:22:43 AM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
Lol money is made last 1% of the cycle. It is lost 99% rest mostly... as i said so many times euphoria hadnt happened with dow and it is a long way up before the "cycle" is done.. better place to park money imo today
Your denial is a symptom of your euphoria.
No its called understanding how herd reacts in market cycles
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
December 21, 2014, 03:25:54 AM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
Lol money is made last 1% of the cycle. It is lost 99% rest mostly... as i said so many times euphoria hadnt happened with dow and it is a long way up before the "cycle" is done.. better place to park money imo today
Your denial is a symptom of your euphoria.
legendary
Activity: 2044
Merit: 1005
December 21, 2014, 02:06:01 AM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
Lol money is made last 1% of the cycle. It is lost 99% rest mostly... as i said so many times euphoria hadnt happened with dow and it is a long way up before the "cycle" is done.. better place to park money imo today
legendary
Activity: 1372
Merit: 1000
December 20, 2014, 10:29:12 PM
I have found a new hobby, I'm trying to mine Bitcoin on waste heat from a candle and another is to height water from the waste heat from mining.

But on the upside I see Bitcoin is coming into view of the public eye.

Google search terms for 2014 tell an interesting story.

    1. Tinder
    2. Neknominate
    3. Goat Simulator
    4. Ello
    5. Bitcoin
    6. Doge
    7. Pixelmon
    8. Vines
    9. Dogecoin
    10.Flipagram

First I spent a lot of time with blinkers on, apart from the goat simulator I was ignorant of every top search term except for the cryptos.

And gold, just didn't cut it again this year.
legendary
Activity: 4760
Merit: 1283
December 20, 2014, 10:12:47 PM

WTF!  Where are the dozens of posts to this thread?  I cypherdoc collapsing?  One would not think so.  BTC hit $330-ish...I would have expected to see the guy and his minions going balistic with glee.  Like this:

  https://www.youtube.com/watch?v=M1owcncKCHg

(Probably he's out for x-mas or some such.  Happy holidays all.)

legendary
Activity: 2016
Merit: 1259
December 19, 2014, 08:55:06 PM
... (like 'hey the system just disappeared $700 billion, how did that happen? start bailing and pumping or this thing is gonna lock up')

bailing and pumping...  Classic FED vocabulary Cheesy
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
December 19, 2014, 04:44:53 PM
Quote
Now thanks to a new report by ESMA titled "High-frequency trading activity in EU equity markets" we know: in the lifetime total of all orders, HFT accounts for 76% of all orders by, 49% of all trades and 43% of total value traded.
http://www.zerohedge.com/news/2014-12-19/hft-accounts-76-all-orders-europe

the day the EU market slips, there will be no mercy. robots just dont do mercy.

I think the bigger problem is now that every time the robots figure out that it is time the market crashed then the humans panic and turn the robots off, reset and claim 'fat finger' foul or otherwise ... and this gives rise to those crazy spikes and flash crashes, etc.

Then there are the robots doing the work for the Fed and Treasury (ESF) that are more like closed-loop control algorithms working large multi-variate arrays of pricing to 'stabilise' the whole system using cash as a control input, priming humans expectations of pricing and thus financial incentive structures ... which all seems to work fine on 'normal' days but start demanding massive cash inputs on panic days (like 'hey the system just disappeared $700 billion, how did that happen? start bailing and pumping or this thing is gonna lock up')
legendary
Activity: 1260
Merit: 1002
December 19, 2014, 03:48:36 PM
Quote
Now thanks to a new report by ESMA titled "High-frequency trading activity in EU equity markets" we know: in the lifetime total of all orders, HFT accounts for 76% of all orders by, 49% of all trades and 43% of total value traded.
http://www.zerohedge.com/news/2014-12-19/hft-accounts-76-all-orders-europe

the day the EU market slips, there will be no mercy. robots just dont do mercy.
legendary
Activity: 1722
Merit: 1004
December 19, 2014, 02:26:09 PM
Hedgeable CEO:

Quote
We want everyone in America to own bitcoin as they do dollars, so we're talking to people who don't own bitcoin now but want it. There are millions of people who read about this, think this is very innovative, but there's no one that holds their hand to help them do this.

http://www.coindesk.com/hedgeable-offers-free-bitcoin-every-american-investor-promotion/
hero member
Activity: 544
Merit: 500
December 19, 2014, 03:08:02 AM
headline
Quote
Asia's share markets rise in wake of US rally

this surely can't be sustainable  Huh
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
December 18, 2014, 08:47:10 PM
The Swiss National Bank (SNB) is imposing an interest rate of –0.25% on sight deposit account balances at the SNB, with the aim of taking the three-month Libor into negative territory. It is thus expanding the target range for the three-month Libor to –0.75% to 0.25% and extending it to its usual width of 1 percentage point. Negative interest will be levied on balances exceeding a given exemption threshold.

http://www.snb.ch/en/mmr/reference/pre_20141218/source/pre_20141218.en.pdf

This is in response to capital flight from Russia with the collapsing currency.

Now imagine if that capital flight one day starts to direct itself into bitcoin (or gold) instead of to another fiat currency as is the norm today.

Just think of all the fiat currencies today, only very few desire or could handle a large influx of new capital (well maybe the Ruble right now). Their managers actively discourage it by slashing interest rates, even into negative as the SNB are so terrified of having a 'strong currency'. They all know that if there is ever a strong preferable currency it would become 'THE ONE'.

Enter bitcoin, a global electronic currency that welcomes and encourages the prospect of appreciation in value. Wonder what happens next?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 18, 2014, 08:30:34 PM
i believe it's only for accts over $10M.

That is how it starts. It is essentially a wealth tax, which is unconstitutional in the US but I'm sure SCOTUS will somehow find a way around that by saying this mechanism is not a wealth "tax" per-say but a bank fee (after all individuals don't HAVE to keep $10M in a bank, you could keep that as cash under your mattress. Ignore that fact that every police department in the country would use asset seizure to confiscate that amount of money held outside of the banking system)

but yeah, nowhere good to flee.  except...

Reminds me of this meme. Walking away is the power of withdrawing consent.



Love this meme!. Thank you for sharing!
full member
Activity: 229
Merit: 100
CakeBet Bitcoin Casino
December 18, 2014, 07:52:06 PM
And as the U.S. has seen, government is so effective that it can hold the entire system hostage until demands of the companies it is supposed to regulate are met.

Quote
There is a growing body of evidence that bigger government means slower growth of real GDP. Once the level of total government spending as a percentage of GDP reaches a tipping point, estimated to be from 15 percent to 25 percent of GDP, additional expansion crowds out private productive investment and slows economic growth. When government overreaches, economic freedom is diminished and private exchange opportunities are lost — that is, the range of choices open to individuals is restricted.

This is hardly a revelation, most of the communist economic experiements of the last century have demonstrated this is abundance (well total lack of abundance). The question I suppose is how much communism is too much? 15%, 30%, clearly 100% is fatal, and anything more than 50% is probably also terminally toxic. Optimally operating economies seem to have around 5-10% govt. share of GDP but it also depends on strong justice and legal systems for protection of individual freedoms.

The problem that a free society is so effective that it grows government and in steps the saviors who now promise to solve all your problems.
5% turns into 10%. More problems arise and so it needs to grow even more to help you solve your new problems. 5% is soon 50% and the choke hold is now so strong it grows itself into death.

My guess is that the only sustainable amount of government is 0%
legendary
Activity: 1470
Merit: 1004
December 18, 2014, 06:34:40 PM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket.  

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.

Yep, can't argue with that, however I think many people have a misconception that they are mutually inclusive.
legendary
Activity: 1764
Merit: 1002
December 18, 2014, 05:37:57 PM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 

yes, they are called cycles.  and the Dow and Bitcoin stand at opposite ends of their cycles.
legendary
Activity: 1470
Merit: 1004
December 18, 2014, 05:29:17 PM
+420 on the Dow.  wow, somebody's happy about something!

i'm staying clear of that thing.

Most people made a bundle from the Fortune 50 this year, including myself. Bitcoin was my worse performer, however I believe now is the absolutely best time to invest in crypto.  Bitcoin tends to dwell in the doldrums for a while, shaking people's beliefs and weeding out the weak, then skyrocket. 
donator
Activity: 2772
Merit: 1019
December 18, 2014, 04:03:00 PM
The question I suppose is how much communism is too much? 15%, 30%, clearly 100% is fatal, and anything more than 50% is probably also terminally toxic.
How much cancer is terminal?

Are just a few couple metastatic cells ok?

maybe related joke:

Quote
"What's the difference between a minarchist and an anarchist?"

"About 6 months"
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