Author

Topic: Gold collapsing. Bitcoin UP. - page 900. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
October 03, 2014, 09:17:43 AM
this is really bad if you're a sound money advocate:









legendary
Activity: 1764
Merit: 1002
October 03, 2014, 09:06:48 AM
looks like i sold my DZZ & ZSL too soon.  at least it was for a hefty profit.  oh well.  waiting for the next bounce to reload.  we're actually due for an intermediate term bounce.
FNG
hero member
Activity: 588
Merit: 500
October 03, 2014, 09:01:04 AM
NED DAVIS: Gold Will Plunge To $660

http://www.businessinsider.com/gold-is-going-to-660-an-ounce-strategist-says-2014-10

ready to scoop some cheap gold? ^^

Possible. This guy had been calling that since 2011:

http://www.youtube.com/watch?v=eoWCZtsV4ls

So far, it seems they're right.

If you believe it and hold gold but want to stay in the precious metal game, you sell the gold for silver.
The silver gold ratio is higher than most any time in history, and this would be a good time to take advantage.  If PM prices go up, silver will be expected to go up more by %.

Or you could just buy bitcoin.
Silver is not gold. How much silver do central banks hold?
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 03, 2014, 08:18:37 AM
NED DAVIS: Gold Will Plunge To $660

http://www.businessinsider.com/gold-is-going-to-660-an-ounce-strategist-says-2014-10

ready to scoop some cheap gold? ^^

Possible. This guy had been calling that since 2011:

http://www.youtube.com/watch?v=eoWCZtsV4ls

So far, it seems they're right.

If you believe it and hold gold but want to stay in the precious metal game, you sell the gold for silver.
The silver gold ratio is higher than most any time in history, and this would be a good time to take advantage.  If PM prices go up, silver will be expected to go up more by %.

Or you could just buy bitcoin.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 03, 2014, 07:59:42 AM
NED DAVIS: Gold Will Plunge To $660

http://www.businessinsider.com/gold-is-going-to-660-an-ounce-strategist-says-2014-10

ready to scoop some cheap gold? ^^

Possible. This guy had been calling that since 2011:

http://www.youtube.com/watch?v=eoWCZtsV4ls

So far, it seems they're right.
legendary
Activity: 1260
Merit: 1002
October 03, 2014, 07:39:29 AM
NED DAVIS: Gold Will Plunge To $660

http://www.businessinsider.com/gold-is-going-to-660-an-ounce-strategist-says-2014-10

ready to scoop some cheap gold? ^^
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
October 03, 2014, 05:17:25 AM
https://www.youtube.com/watch?v=oyrOaNH4PUs&feature=youtu.be

This video makes me feel sad. "Separate blockchain and bitcoin"...c'mon.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
October 03, 2014, 04:39:45 AM

Well .... art is overvalued. Especially those artworks made by the most famous of artists. I'll take a double spend (copy Wink any day.

I don't want a copy of a Bitcoin Wink

Agreed
legendary
Activity: 2324
Merit: 1125
October 03, 2014, 03:55:07 AM

Well .... art is overvalued. Especially those artworks made by the most famous of artists. I'll take a double spend (copy Wink any day.

I don't want a copy of a Bitcoin Wink
legendary
Activity: 1498
Merit: 1000
legendary
Activity: 1918
Merit: 1018
October 03, 2014, 12:32:37 AM
I was wondering if it  a good time to invest a few bucks on bitcoins
right now ? ... The bitcoin price is stable in moment

Put it this way. Has there been a better time to buy in 2014? Isn't the Bitcoin ecosystem bigger and stronger now than at the start of the year?

It is not about the price being stable it is about Bitcoin being stronger and bigger while the price is very low relatively to the average price for the last 10months
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
October 02, 2014, 11:33:45 PM
I was wondering if it  a good time to invest a few bucks on bitcoins
right now ? ... The bitcoin price is stable in moment

Put it this way. Has there been a better time to buy in 2014? Isn't the Bitcoin ecosystem bigger and stronger now than at the start of the year?
sr. member
Activity: 278
Merit: 250
October 02, 2014, 11:27:43 PM
I was wondering if it  a good time to invest a few bucks on bitcoins
right now ? ... The bitcoin price is stable in moment
legendary
Activity: 1414
Merit: 1000
October 02, 2014, 06:00:43 PM
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and of course for large transactions currency can get pretty inconvenient. The customers we’re talking about aren’t trying to be anonymous. You know they’re willing to be known so the Bitcoin technology is key and you could add to it or you could build a similar technology where there’s enough attribution that people feel comfortable this is nothing to do with terrorism or any type of money laundering.

don't hold your breath Bill.  part of the reason Bitcoin has such a large mining/security contingent is b/c of the privacy or pseudonymity it offers:

http://www.bloomberg.com/video/bill-gates-bitcoin-is-exciting-because-it-s-cheap-dQ4qHV4~TLSnUIuIRfZBVA.html

I'm sure he is bitcoin supporter.
legendary
Activity: 1764
Merit: 1002
October 02, 2014, 05:42:56 PM
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and of course for large transactions currency can get pretty inconvenient. The customers we’re talking about aren’t trying to be anonymous. You know they’re willing to be known so the Bitcoin technology is key and you could add to it or you could build a similar technology where there’s enough attribution that people feel comfortable this is nothing to do with terrorism or any type of money laundering.

don't hold your breath Bill.  part of the reason Bitcoin has such a large mining/security contingent is b/c of the privacy or pseudonymity it offers:

http://www.bloomberg.com/video/bill-gates-bitcoin-is-exciting-because-it-s-cheap-dQ4qHV4~TLSnUIuIRfZBVA.html
legendary
Activity: 1162
Merit: 1007
October 02, 2014, 05:08:36 PM
Anyone have any good links to Metcalfs law vs btc price?

What is the downride risk of a decrease in adoption transactions?

Here's the latest graphs (just made now).



legendary
Activity: 1498
Merit: 1000
October 02, 2014, 05:00:49 PM
Anyone have any good links to Metcalfs law vs btc price?

What is the downride risk of a decrease in adoption transactions?
legendary
Activity: 1764
Merit: 1002
October 02, 2014, 04:46:30 PM
forming a base...
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
October 02, 2014, 04:36:00 PM
Quote
BREAKING: JPMorgan says data breach affects 76 million households, 7 million businesses

legendary
Activity: 1400
Merit: 1013
October 02, 2014, 01:07:18 PM
This is all that is needed for distributed consensus in most tightly coupled distributed systems.
Maybe this would be better written as: "This is all that is needed for consensus in systems where one entity exercises control over all portions of the distributed system."

When Amazon builds a distributed system where they own all the pieces, that's one problem.

When a group of independent actors are trying to build a distributed system to agree on something, when anyone is free to join or depart at any time, and no actors may be treated as privileged or trusted, the problem is just a little bit harder.
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