Gold collapsing. Bitcoin UP. - page 940.

Melbustus

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Quote from: cypherdoc on September 19, 2014, 10:37:20 AM

Quote from: _mr_e on September 19, 2014, 10:25:38 AM

...

"Should" is the scary word here Cheesy

no kidding Wink

its during times like these that reading technical articles about the math behind Bitcoin restores confidence in what we're dealing with. read Graf's article i posted above.

also, ignore idiots like Severro. notice how those punks never enter this thread except for the one time fallling dared to post? they don't dare to hang out in threads where there is actual intelligent ppl and discussion going on. plus, i'd rip him to shreds. he never talks about anything technical b/c i'm sure he doesn't understand what Bitcoin is or what it represents. he just a hired troll used to scare the weak minded.

Or just watch that Wences video I keep posting. The trolls can think and post what they want, but the reality is that bitcoin is an unprecedented advance in the technology of money, and given the extraordinary efficiency gains inherent in improving the one technology that moves all value around the world, it'll slowly but surely seep into the core of global human exchange.

Let the weak-minds do what they do best: emotionally react rather than intelligently evaluate.

cypherdoc

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Quote from: _mr_e on September 19, 2014, 10:25:38 AM

Quote from: cypherdoc on September 19, 2014, 10:14:26 AM

i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin:

"Should" is the scary word here Cheesy

no kidding Wink

its during times like these that reading technical articles about the math behind Bitcoin restores confidence in what we're dealing with. read Graf's article i posted above.

also, ignore idiots like Severro. notice how those punks never enter this thread except for the one time fallling dared to post? they don't dare to hang out in threads where there is actual intelligent ppl and discussion going on. plus, i'd rip him to shreds. he never talks about anything technical b/c i'm sure he doesn't understand what Bitcoin is or what it represents. he just a hired troll used to scare the weak minded.

Melbustus

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Quote from: cypherdoc on September 19, 2014, 10:20:00 AM

these 2 charts are the most unpredictable of all, UST's and USD. one, or both of them, won't do well in the next crisis:
...

I think USTs will do fine, comparatively (or at least for a while while other stuff crashes first). For the simple reason that we know the Fed is ready, willing, and able to do massive QE. They will support the price of USTs at the expense of the dollar. Obviously there's a limit, but I think they'll really push it in a crises that threatens to crush bonds. Perhaps oddly, USTs are therefore more "mighty" than the dollar.

_mr_e

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Quote from: cypherdoc on September 19, 2014, 10:14:26 AM

i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin:

"Should" is the scary word here Cheesy

cypherdoc

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Activity: 1764

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these 2 charts are the most unpredictable of all, UST's and USD. one, or both of them, won't do well in the next crisis:

looks like TLT is starting to hook up again=more blackhole sh*t:

here's the USD trying to get back over resistance and off to the races we're in the window of the daily cycle bottom which probably occurred on 9/16 but i'd like more confirmation:

cypherdoc

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i know everyone's feeling bad right about now with this relentless pullback but i strongly believe Bitcoin is going to start diverging UP inversely from gold very soon. in the big fractal of the Bitcoin price chart, we look to be completing the retest of the initial low @339. the bounce should begin:

cypherdoc

legendary

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since everyone prefers things that go UP, here are my double shorts. thank gaud for them to help blunt this Bitcoin dip:

notice how ZSL has blown thru two resistance levels today. yowser!:

cypherdoc

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miners still look like crap:

GDX:

GDXJ:

cypherdoc

legendary

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gold sliding down the mountain. soon to go over the cliff following silver:

cypherdoc

legendary

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ugly, just ugly:

cypherdoc

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Quote from: cypherdoc on September 11, 2014, 09:32:59 AM

Quote from: cypherdoc on September 08, 2014, 11:46:20 AM

Quote from: cypherdoc on September 05, 2014, 11:20:43 AM

silver criticality incoming.

first critical breach is $19 for psychological reasons. then 18.70, finally 18.17.

first breach accomplished

second breach accomplished

third breach accomplished.

Mission complete.

cypherdoc

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Quote from: cypherdoc on September 11, 2014, 11:40:16 AM

let me emphasize this point once again.

as long as gold and silver are falling, there is no reason you should be selling your Bitcoin.

ShroomsKit_Disgrace

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Yeah! I hate ShroomsKit!

Quote from: justusranvier on September 19, 2014, 09:23:14 AM

Quote from: marcus_of_augustus on September 19, 2014, 09:20:38 AM

Quote from: devphp on September 19, 2014, 09:00:43 AM

Quote from: marcus_of_augustus on September 19, 2014, 08:58:48 AM

2^11 is 2016?

it's 2048 on my calculator )

2016 is 2048 after an integer overflow.

It is also the year when 1BTC = 1million $. Wink

justusranvier

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Quote from: marcus_of_augustus on September 19, 2014, 09:20:38 AM

Quote from: devphp on September 19, 2014, 09:00:43 AM

Quote from: marcus_of_augustus on September 19, 2014, 08:58:48 AM

2^11 is 2016?

it's 2048 on my calculator )

2016 is 2048 after an integer overflow.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: devphp on September 19, 2014, 09:00:43 AM

Quote from: marcus_of_augustus on September 19, 2014, 08:58:48 AM

2^11 is 2016?

it's 2048 on my calculator )

edit:

2^11 - 2^5

ShroomsKit_Disgrace

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Activity: 952

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Yeah! I hate ShroomsKit!

Quote from: devphp on September 19, 2014, 09:00:43 AM

Quote from: marcus_of_augustus on September 19, 2014, 08:58:48 AM

2^11 is 2016?

it's 2048 on my calculator )

Sell it. Piece of crap you have there.

cypherdoc

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Konrad Graf's latest:

http://konradsgraf.squarespace.com/blog1/2014/9/19/bitcoin-magic-fraud-or-sufficiently-advanced-technology.html

Peter R

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The market cap is now below both "Metcalfe Value" estimates (num TXs / num addrs)--something that hasn't happened since early 2013. Note that I'm taking the 7-day moving average of each time series, so the recent drop in price hasn't been fully "averaged in" (i.e., if the price stays low, the divergence between Metcalfe value and market cap will grow).