Gold collapsing. Bitcoin UP. - page 923.

rocks

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Quote from: cypherdoc on September 25, 2014, 12:32:54 PM

oh, this looks fair:

The 40s - 60s are not the norm, that data was driven by the fact that there was a historic labor shortage in the US, caused by the fact that after bombing all other manufacturing centers in WWII the US represented over 50% of the world's manufacturing base.

Labor's strength as shown in the chart is not happening again unless the US becomes 50% of the manufacturing base again, which will only happen if we have WWIII. I'm not in favor of killing billions of humans to achieve this....

cypherdoc

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well, here's some debt that is being sold off:

HeliKopterBen

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Quote from: _mr_e on September 25, 2014, 12:48:43 PM

http://contrariancompliance.com/2014/09/25/bitcoiners-are-repeating-forgotten-history-and-are-accordingly-doomed/ --Aaron Greenspan

Is this guy for real? I would think that someone who spent so much energy trying to developer a new payment system(FaceCash) and was abruptly shut down by the authorities would have more respect for such a distributed system. Is he just butthurt that it wasn't himself to come up with it?

Most people have forgotten how bitcoin tends to violently crash up.

rocks

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Quote from: zeetubes on September 24, 2014, 07:09:17 PM

Quote from: Odalv on September 24, 2014, 04:24:58 PM

Quote from: cypherdoc on September 24, 2014, 04:08:30 PM

China:

http://thecoinfront.com/why-is-china-a-world-leader-in-bitcoin/

I'm not sure we can compare exchanges with and without fees. So all statistics are not quite accurate (maybe errors by order of magnitude)

Alibaba is taking direct aim at Amazon and Walmart. Chinese companies are becoming more and more comfortable about competing in established overseas markets and their exchanges must have implicit support from the chinese government.

Both amazon and Walmart are significantly more than websites. The amount of distribution infrastructure both have built is quite massive. Heck Walmart was using satilights to move information to optimize distribution in the 70s, I believe before wall street started to use them to move data.

ssmc2

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Quote from: _mr_e on September 25, 2014, 12:48:43 PM

http://contrariancompliance.com/2014/09/25/bitcoiners-are-repeating-forgotten-history-and-are-accordingly-doomed/ --Aaron Greenspan

Is he just butthurt that isn't wasn't himself to come up with it?

Mostly this I think.

justusranvier

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Quote from: _mr_e on September 25, 2014, 12:48:43 PM

http://contrariancompliance.com/2014/09/25/bitcoiners-are-repeating-forgotten-history-and-are-accordingly-doomed/ --Aaron Greenspan

Is this guy for real? I would think that someone who spent so much energy trying to developer a new payment system(FaceCash) and was abruptly shut down by the authorities would have more respect for such a distributed system. Is he just butthurt that isn't wasn't himself to come up with it?

In part one of that article series he bragged about suing his business competitors in federal court for getting away with things he didn't.

Any further douchebaggery on his part after that revelation falls into the "not even a little bit surprising" category.

_mr_e

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http://contrariancompliance.com/2014/09/25/bitcoiners-are-repeating-forgotten-history-and-are-accordingly-doomed/ --Aaron Greenspan

Is this guy for real? I would think that someone who spent so much energy trying to developer a new payment system(FaceCash) and was abruptly shut down by the authorities would have more respect for such a distributed system. Is he just butthurt that it wasn't himself to come up with it?

cypherdoc

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oh, this looks fair:

cypherdoc

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hmmm.

BHP

FCX

copper futures

soybeans

all other softs are down as well

iron ore

commercial RE-IYR; this can't be good

cypherdoc

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silver can be a stock mkt leading indicator:

5y weekly $DXY:

i'm actually looking for a short term bounce in gold but the intermediate term cycle is still down.

cypherdoc

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unsurprisingly, VIX spiking:

cypherdoc

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Quote from: sidhujag on September 24, 2014, 04:29:51 PM

S&P should hit 3k to 5k before the final collapse and bitcoin uber bubble. I think next few years theres giong to be a fire to get into US dollar and stocks.. how that affects bitcoin is anyones guess. Look at how after every dip its bought strongly... every dip shorters come and say this is the one.. but it will happen when you least expect and are super bullish US.

i don't know man. i respect you as you've been right so far on the stock mkt. right now, it ain't looking so good.

Torque

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Quote from: Bassica on September 25, 2014, 07:18:06 AM

From cypher's twitter:
"its also the way out for the Millennials to escape the debt hole we Boomers r forcing upon them."

This tweet really grabbed me. Very interesting thought, fascinating actually. I'll be pondering about this one the coming days. Thanks for the inspiration.

I agree. Especially if at the very least cryptocurrencies turn the next 2-3 generations of young people from debt spenders to savers, and they pay off short-term debts, stop taking loans for everything, cut up credit cards, and only use cash/crypto for everything. Then the world financial economies will have to make MAJOR adjustments.

I remain hopeful.

cypherdoc

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Great positive article from Bloomberg:

http://bloom.bg/1yrKHnw

Bassica

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From cypher's twitter:
"its also the way out for the Millennials to escape the debt hole we Boomers r forcing upon them."

This tweet really grabbed me. Very interesting thought, fascinating actually. I'll be pondering about this one the coming days. Thanks for the inspiration.

cypherdoc

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$DXY lifting off like i've been warning. can't see how this is good for any risk asset, especially gold, except for Bitcoin:

adamstgBit

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Trusted Bitcoiner

Quote from: cypherdoc on September 24, 2014, 08:03:49 PM

Gold & silver dump picking up speed after hours.

cypherdoc

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Gold & silver dump picking up speed after hours.

zeetubes

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Quote from: Odalv on September 24, 2014, 04:24:58 PM

Quote from: cypherdoc on September 24, 2014, 04:08:30 PM

China:

http://thecoinfront.com/why-is-china-a-world-leader-in-bitcoin/

I'm not sure we can compare exchanges with and without fees. So all statistics are not quite accurate (maybe errors by order of magnitude)

Alibaba is taking direct aim at Amazon and Walmart. Chinese companies are becoming more and more comfortable about competing in established overseas markets and their exchanges must have implicit support from the chinese government.

zeetubes

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Quote from: cypherdoc on September 24, 2014, 03:08:31 PM

as gold continues to collapse, why would you sell your Bitcoin?

remember, there's an $8T gold mkt out there.

It would be more satisfying to take a slice of the daily forex pizza.

"According to the Bank for International Settlements, foreign-exchange trading increased to an average of $5.3 trillion a day. To put this into perspective, this averages out to be $220 billion per hour."

Topic: Gold collapsing. Bitcoin UP. - page 923. (Read 2032270 times)