-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!!!
Topic: Gold collapsing. Bitcoin UP. - page 865. (Read 2032266 times)
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!!!
-361
someone wake up Janet
someone wake up Janet
Dow- 335
crash time
crash time
Dow - 290
India still likes the gold
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
India, China, Russia love their Gold and the Chinese economy is going very well; they are the first world economy in PPA
India still likes the gold
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
India, China, Russia love their Gold and the Chinese economy is going very well; they are the first world economy in PPA
Bitcoin compares to fiat base money; notes and cons.
lol. Freudian mistake?
India still likes the gold
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
"Gold imports surged five-fold to $3.75 billion in September on account of the ongoing festive season. Gold imports stood at $682.5 million in the same month last year."
http://profit.ndtv.com/news/economy/article-gold-imports-zoom-to-3-75-billion-in-september-679542
"Labor senator Sam Dastyari has warned Australian banks not to “act like a bunch of ostriches” with their “heads in the sand” when confronting the rise of bitcoins"
"He did, however, concede there were certain parts of the banking sector that realised they had to address the rise of digital currencies, because “it’s the future”."
http://www.afr.com/p/technology/banks_cannot_ignore_rise_of_bitcoins_c1aioJPkDoTz4i670c44CJ
"He did, however, concede there were certain parts of the banking sector that realised they had to address the rise of digital currencies, because “it’s the future”."
http://www.afr.com/p/technology/banks_cannot_ignore_rise_of_bitcoins_c1aioJPkDoTz4i670c44CJ
This article (pointed to me via zerohedge) describes the current bitcoin market exactly.
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
That's every market, all the time.
I would guess markets on goods with less exchange value and more direct use value, where storage and transaction costs relative to goods value is higher, with a high degree of production and consumption compared to storage, are different.
That was a great read. The USD, which is probably the biggest traded and used "item" worldwide, is manipulated as hell and anything that is traded in USD - which is just about everything - has no real chance of price discovery. I have seen 10+ valid explanations for the drop in the price of oil, but because the world of finance is so fucked up, not a single economist/analyst has suggested it may be simply supply and demand, which could also be a valid reason. I wonder if bitcoins became as ubiquitous as the USD whether things would change.
The article reminded of a something a lecturer said from when I was learning Pascal, many eons ago: "In order to fully understand recursion, first you must fully understand recursion."
That is also the time that bitcoin becomes the obvious chioce as the "everyone knows" and wins the sentiment game.
Gold is manilulated because of phony supply and no trail or visibility of who owns what.
This article (pointed to me via zerohedge) describes the current bitcoin market exactly.
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
That's every market, all the time.
I would guess markets on goods with less exchange value and more direct use value, where storage and transaction costs relative to goods value is higher, with a high degree of production and consumption compared to storage, are different.
That was a great read. The USD, which is probably the biggest traded and used "item" worldwide, is manipulated as hell and anything that is traded in USD - which is just about everything - has no real chance of price discovery. I have seen 10+ valid explanations for the drop in the price of oil, but because the world of finance is so fucked up, not a single economist/analyst has suggested it may be simply supply and demand, which could also be a valid reason. I wonder if bitcoins became as ubiquitous as the USD whether things would change.
The article reminded of a something a lecturer said from when I was learning Pascal, many eons ago: "In order to fully understand recursion, first you must fully understand recursion."
This article (pointed to me via zerohedge) describes the current bitcoin market exactly.
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
That's every market, all the time.
I would guess markets on goods with less exchange value and more direct use value, where storage and transaction costs relative to goods value is higher, with a high degree of production and consumption compared to storage, are different.
This article (pointed to me via zerohedge) describes the current bitcoin market exactly.
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
That's every market, all the time.
This article (pointed to me via zerohedge) describes the current bitcoin market exactly.
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
A Game of Sentiment
http://www.salientpartners.com/epsilontheory/post/2013/11/03/A-Game-of-Sentiment
"who will get the most votes when all the voters are basing their votes on who they think will get the most votes? This is the Sentiment game!"
and
"We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." (originally Keynes).
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
Some propose that bitcoin is not useful where there is no internet nor power. In such a setting, notes would be good. (Paper wallet notes are probably better). The market decides.
Right now in the markets due to what is happening in Europe there is a large correction going on.
Looks like the largest correction in the last 2 years.
Watch the SP500 very closely, might be due for a large sell off soon.
Looks like the largest correction in the last 2 years.
Watch the SP500 very closely, might be due for a large sell off soon.
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
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!
Dow gone negative after opening up, what, over 100?
Ha! I fucking knew that bitch was going red. Kept bouncing on me though
Dow gone negative after opening up, what, over 100?
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