Topic: Gold collapsing. Bitcoin UP. - page 864. (Read 2032266 times)
Dow -415, Bitcoin holding beautifully.
Dow -407
note how the commodity space and oil have indeed been telegraphing this move. and i'll say again that gold and silver have been leading as well since 2011.
note how the commodity space and oil have indeed been telegraphing this move. and i'll say again that gold and silver have been leading as well since 2011.
Reading this thread, you'd think the market was having a dull day. Then I check out the DJIA, and see WOW! it's down almost 400 points today!
Bitcoin compares to fiat base money; notes and cons.
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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.
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 
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...
anyone's guess: true dat.
i'd be worried. there are alot of convergences coming together. we're due, cycle-wise.
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
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...
Dow -356
Got squeezed just before the top..... sucks a lot
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
whatever you do, don't put stops @16000. they will criss cross that level many times to take you out.
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
it gets REALLY bad. take it from someone who day traded the 2007-9 crash.
and they told us traditional financial markets were stable.
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
this doesn't look so good:
If you have no friends to whom you can give gifts, and never see people in person, like MyLambChop...
You can't hide, Bitcoiner!
You've been reported.
You've been reported.
Bitcoin unaffected!
No. You, on the other hand...
Bitcoin compares to fiat base money; notes and cons. Some important traits of bitcoin is better. Some are not so good. What can we do? Anybody can produce bitcoin notes and coins, and back them with real bitcoins. Even better, we can make cryptocoins and notes with hidden secret keys, they don't need backing. Not possible for fiat.
We do not have credit or debit cards. We don't need them for remote payment. Are there something with cards that is better? In that case, the market will supply bitcoin credit or debit cards, and they will be just as good.
We can't lose this!
We do not have credit or debit cards. We don't need them for remote payment. Are there something with cards that is better? In that case, the market will supply bitcoin credit or debit cards, and they will be just as good.
We can't lose this!
Exactly what use would I have for bitcoin notes and coins
You can't hide, Bitcoiner!
You've been reported.
You've been reported.
Bitcoin unaffected!
You can't hide, Bitcoiner!
You've been reported.
You've been reported.
-361
someone wake up Janet
someone wake up Janet
Dow was way over priced above 17k let alone 17.5k
Same way bitcoin is currently over priced at 400... Everything is crashing to the real value! Including gold!!!
blah, blah, blah
Moar black hole shit. this one looks juicy, however.
To ones self: "Do...not.........shooooort, do not shooooooort."
To ones self: "Do...not.........shooooort, do not shooooooort."
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