Gold collapsing. Bitcoin UP. - page 863.

zeetubes

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Quote from: cypherdoc on October 15, 2014, 02:26:08 PM

16000 crossed 9x today.

That was a nice call on 16K you made earlier. The fed is the only thing between DOW 16k and DOW 3K, where it should probably be about now. I'm pretty sure they'll keep it above 16K today but they're going to be busy tonight wondering what the hell to do in Asia and Europe. Every time the DOW dips, someone is moving significant money out and the fed is pumping money back in using one of its many hidden channels. I wonder where the money that's taken out is being parked.

NotLambchop

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^
Not arguing at all. Just like penny stocks.

sidhujag

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Quote from: NotLambchop on October 15, 2014, 02:23:48 PM

Quote from: cypherdoc on October 15, 2014, 01:59:10 PM

Quote from: NotLambchop on October 15, 2014, 01:55:02 PM

Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

Bitcoin is only 5.5 yo.

the Dow is over 100 yo. what's your excuse?

Excuse?! The level of insanity in this thread...
I don't pimp DOW, i don't feel any need to make up excuses for it as you do for Bitcoin.
But hey, if Bitcoin's not mature enough, point taken. I'll consider it an investment once it matures

Sure... by then it may be $100k.. that is the point of taking risk of an immature investment.. it is high risk high reward, like a penny stock.

FNG

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Dow going under 16,000???

Grin

cypherdoc

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16000 crossed 9x today.

NotLambchop

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Quote from: cypherdoc on October 15, 2014, 01:59:10 PM

Quote from: NotLambchop on October 15, 2014, 01:55:02 PM

Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

Bitcoin is only 5.5 yo.

the Dow is over 100 yo. what's your excuse?

Excuse?! The level of insanity in this thread...
I don't pimp DOW, i don't feel any need to make up excuses for it as you do for Bitcoin.
But hey, if Bitcoin's not mature enough, point taken. I'll consider it an investment once it matures

sidhujag

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Quote from: NotLambchop on October 15, 2014, 01:55:02 PM

Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

Bad comparison. Look at market caps... if they were equal > 5% wouldn't happen.

lebing

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Enabling the maximal migration

Quote from: cypherdoc on October 15, 2014, 01:59:10 PM

Quote from: NotLambchop on October 15, 2014, 01:55:02 PM

Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

Bitcoin is only 5.5 yo.

the Dow is over 100 yo. what's your excuse?

just ignore the troll cypher. Not worth your energy.

cypherdoc

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Quote from: NotLambchop on October 15, 2014, 01:55:02 PM

Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

Bitcoin is only 5.5 yo.

the Dow is over 100 yo. what's your excuse?

NotLambchop

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Quote from: cypherdoc on October 15, 2014, 01:47:33 PM

every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

Lol, the DOW moves < 3% in one day ==> OMG VOLATILITY!!!
Bitcoin moves > 5% on the same day ==> sideways trading...

Keep trying Cheesy

cypherdoc

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16000 crossed 7x today.

cypherdoc

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every Bitcoiner who's had to endure the "volatility" argument surrounding Bitcoin over the last few years needs to take this opportunity to shove that same argument regarding the stock mkt back into the face of whoever said that to you.

cypherdoc

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Quote from: protokol on October 15, 2014, 12:05:39 PM

Quote from: cypherdoc on October 15, 2014, 11:53:54 AM

Quote from: protokol on October 15, 2014, 11:49:02 AM

Dow just dropped to <15900, this is nuts. I've made a little money shorting, but not as much as I should have - the crazy volatility keeps giving me cold feet Cheesy

whatever you do, don't put stops @16000. they will criss cross that level many times to take you out.

Cheers for the advice. Yeah I bet it was truly nail-biting trading during the big crash... Do you think we'll see a bottom in the stocks soon, or could we be gearing up for another monumental correction/crash? Anyone's guess I suppose...

we've crossed 16000 five times today. we'll probably finish up over 16000 for a sixth time with an end of the day towering ramp, if i had to guess.

cypherdoc

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wut is everybody worried about?

vuduchyld

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Quote from: Melbustus on October 15, 2014, 12:26:38 PM

Quote from: cypherdoc on October 15, 2014, 12:21:25 PM

Dow -415, Bitcoin holding beautifully.

When does the QE effect inflect? The Fed can't come out with QE4 without signaling an extreme lack of confidence in markets. At some point, that signaling will overwhelm any technical boost in asset prices that the liquidity would otherwise bring (ie, banks will just sit on the funds instead of bidding up the stock market).

I agree...they have propped it up just about as much as possible. It has been levitating. Looking at earnings, it can't stay above the trendline P/E forever.

cypherdoc

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Quote from: Melbustus on October 15, 2014, 12:26:38 PM

Quote from: cypherdoc on October 15, 2014, 12:21:25 PM

Dow -415, Bitcoin holding beautifully.

When does the QE effect inflect? The Fed can't come out with QE4 without signaling an extreme lack of confidence in markets. At some point, that signaling will overwhelm any technical boost in asset prices that the liquidity would otherwise bring (ie, banks will just sit on the funds instead of bidding up the stock market).

well, that's the rub, isn't it?

which is why Bitcoin was devised in the first place; to skirt this problem.

cypherdoc

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Dow -458

that's not gut neither.

vuduchyld

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Quote from: Melbustus on October 15, 2014, 12:19:24 PM

Quote from: Erdogan on October 14, 2014, 03:46:00 PM

Bitcoin compares to fiat base money; notes and cons.
...

It's more like M2: base money (which is notes and coins, plus bank reserves) plus most types of bank/money-market account balances.

In a bitcoin economy, you can't really create new on-blockchain bitcoin through fractional reserve, so the purchasing power of all bitcoin would have to more or less match the purchasing power held directly as the economy's unit-of-account in liquid or short-term form (ie, bank accounts), all else being equal. This is muddied by a number of factors, including the fact that *some* fractional reserve would still be possible (just not as much, cuz people would demand to see on-blockchain coin before leverage got too crazy), but I think this is roughly the right way to think about the equivalence.

yes yes yes yes yes

Melbustus

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Quote from: cypherdoc on October 15, 2014, 12:21:25 PM

Dow -415, Bitcoin holding beautifully.

When does the QE effect inflect? The Fed can't come out with QE4 without signaling an extreme lack of confidence in markets. At some point, that signaling will overwhelm any technical boost in asset prices that the liquidity would otherwise bring (ie, banks will just sit on the funds instead of bidding up the stock market).

cypherdoc

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Topic: Gold collapsing. Bitcoin UP. - page 863. (Read 2032266 times)