Gold collapsing. Bitcoin UP. - page 996.

notme

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Quote from: cypherdoc on August 27, 2014, 02:49:11 PM

this is a pretty big penetration rate for those >$100K:

In the study group, 70% of those who made more than $100,000 annually had heard of bitcoin, while 43% of respondents from lower-income households said they knew about or had used digital currency.

http://www.coindesk.com/banking-survey-65-us-consumers-unlikely-buy-bitcoin/

Quote

Eighteen percent of participants indicated that they were “likely” or “very likely” to use a digital currency, and only 3% of those who had heard of bitcoin said they had actually bought some.

So a factor of 6 increase in demand when the next bubble gets rolling?

cypherdoc

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Quote from: Torque on August 27, 2014, 02:36:25 PM

Quote from: cypherdoc on August 27, 2014, 02:35:37 PM

Quote from: Torque on August 27, 2014, 02:33:52 PM

Quote from: cypherdoc on August 27, 2014, 02:25:02 PM

so if a bank, gvt, NSA, or other malicious actor wants to do a 51% attack, they need to duplicate all the mines in the world like this one:

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

Scary. As. Hell.

One well placed missile and that entire building would be gone, along with it 5% of the entire bitcoin network. I hope that these bitcoin facilities are hard to track down. But with all the electricity it is sucking, I doubt it...

whose missile? certainly not a US one. neither a Chinese one; it's their gvt's ace in the hole if gold and UST's go kerplunk.

Can you say Terrorism?

well then, the US gvt would have to pay the consequences of its actions.

cypherdoc

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this is a pretty big penetration rate for those >$100K:

In the study group, 70% of those who made more than $100,000 annually had heard of bitcoin, while 43% of respondents from lower-income households said they knew about or had used digital currency.

http://www.coindesk.com/banking-survey-65-us-consumers-unlikely-buy-bitcoin/

Torque

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Quote from: cypherdoc on August 27, 2014, 02:35:37 PM

Quote from: Torque on August 27, 2014, 02:33:52 PM

Quote from: cypherdoc on August 27, 2014, 02:25:02 PM

so if a bank, gvt, NSA, or other malicious actor wants to do a 51% attack, they need to duplicate all the mines in the world like this one:

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

Scary. As. Hell.

One well placed missile and that entire building would be gone, along with it 5% of the entire bitcoin network. I hope that these bitcoin facilities are hard to track down. But with all the electricity it is sucking, I doubt it...

whose missile? certainly not a US one. neither a Chinese one; it's their gvt's ace in the hole if gold and UST's go kerplunk.

Can you say Terrorism?

cypherdoc

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Quote from: Torque on August 27, 2014, 02:33:52 PM

Quote from: cypherdoc on August 27, 2014, 02:25:02 PM

so if a bank, gvt, NSA, or other malicious actor wants to do a 51% attack, they need to duplicate all the mines in the world like this one:

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

Scary. As. Hell.

One well placed missile and that entire building would be gone, along with it 5% of the entire bitcoin network. I hope that these bitcoin facilities are hard to track down. But with all the electricity it is sucking, I doubt it...

whose missile? certainly not a US one. neither a Chinese one; it's their gvt's ace in the hole if gold and UST's go kerplunk.

Torque

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Quote from: cypherdoc on August 27, 2014, 02:25:02 PM

so if a bank, gvt, NSA, or other malicious actor wants to do a 51% attack, they need to duplicate all the mines in the world like this one:

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

Scary. As. Hell.

One well placed missile and that entire building would be gone, along with it 5% of the entire bitcoin network. I hope that these bitcoin mining facilities are hard to track down. But with all the electricity it is sucking, I somehow doubt it. And I'm sure that there is no Disaster Recovery plan in place for these facilities...

cypherdoc

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so if a bank, gvt, NSA, or other malicious actor wants to do a 51% attack, they need to duplicate all the mines in the world like this one:

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

cypherdoc

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nice stock DUMP

cypherdoc

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my thoughts on the regression theorum:

https://twitter.com/cypherdoc2/status/504700458779566080

cypherdoc

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turning back up on the 15 min and 1h...

zeetubes

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Quote from: cypherdoc on August 27, 2014, 01:03:28 PM

yes, UST's following suit.

so who the hell is buying stocks?

The fed and its dealers are the only ones buying stocks and just about any other instrument around the world.

wachtwoord

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Quote from: adamstgBit on August 27, 2014, 01:15:10 PM

Quote from: wachtwoord on August 27, 2014, 01:12:57 PM

Quote from: botany on August 27, 2014, 01:08:30 PM

Quote from: cypherdoc on August 27, 2014, 01:01:38 PM

Quote from: wachtwoord on August 27, 2014, 11:56:54 AM

Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

unbelievable. can you imagine having to "pay" to own one of these debt instruments? i understand the argument that it has a state guarantee behind it but c'mon.

Could it be due to regulations? In some regions, banks are forced to hold a certain portion of their reserves in government bonds. If somebody is desperate to own these instruments for regulatory reasons, it can depress the yield.

Please lend me 100 euro now and I'll give you back 97 in 3 years!

can people barrow at negative interest yet?

Now, just the German government.

adamstgBit

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Trusted Bitcoiner

Quote from: wachtwoord on August 27, 2014, 01:12:57 PM

Quote from: botany on August 27, 2014, 01:08:30 PM

Quote from: cypherdoc on August 27, 2014, 01:01:38 PM

Quote from: wachtwoord on August 27, 2014, 11:56:54 AM

Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

unbelievable. can you imagine having to "pay" to own one of these debt instruments? i understand the argument that it has a state guarantee behind it but c'mon.

Could it be due to regulations? In some regions, banks are forced to hold a certain portion of their reserves in government bonds. If somebody is desperate to own these instruments for regulatory reasons, it can depress the yield.

Please lend me 100 euro now and I'll give you back 97 in 3 years!

can people barrow at negative interest yet?

wachtwoord

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Quote from: botany on August 27, 2014, 01:08:30 PM

Quote from: cypherdoc on August 27, 2014, 01:01:38 PM

Quote from: wachtwoord on August 27, 2014, 11:56:54 AM

Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

unbelievable. can you imagine having to "pay" to own one of these debt instruments? i understand the argument that it has a state guarantee behind it but c'mon.

Could it be due to regulations? In some regions, banks are forced to hold a certain portion of their reserves in government bonds. If somebody is desperate to own these instruments for regulatory reasons, it can depress the yield.

Please lend me 100 euro now and I'll give you back 97 in 3 years!

botany

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Quote from: cypherdoc on August 27, 2014, 01:01:38 PM

Quote from: wachtwoord on August 27, 2014, 11:56:54 AM

Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

unbelievable. can you imagine having to "pay" to own one of these debt instruments? i understand the argument that it has a state guarantee behind it but c'mon.

Could it be due to regulations? In some regions, banks are forced to hold a certain portion of their reserves in government bonds. If somebody is desperate to own these instruments for regulatory reasons, it can depress the yield.

cypherdoc

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yes, UST's following suit.

so who the hell is buying stocks?

cypherdoc

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Quote from: wachtwoord on August 27, 2014, 11:56:54 AM

Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

unbelievable. can you imagine having to "pay" to own one of these debt instruments? i understand the argument that it has a state guarantee behind it but c'mon.

wachtwoord

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Oh and German bonds are negative up to three years out. 10Y out they are at record lows. Could be related: http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017

wachtwoord

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Quote from: cypherdoc on August 27, 2014, 10:46:52 AM

this is why alot of ppl predict a massive deflationary event (deleveraging) followed by hyperinflation as the CB's print to try and stop the deflation. otoh, you really have to admire how well they've kept the system duck taped together at the expense of the public. how long can it last?

"Ain't nothing a little duck tape can't fix!"

cypherdoc

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As CNBC notes, since the recession ended, lower-wage jobs have grown by 2.3 million while medium- and higher-wage jobs actually contracted by 1.2 million. This is in line with the ground-losing 2% wage growth the job market is seeing.

Now you see why the big gains in housing starts and permits are pretty much concentrated in apartment construction, not home building.

http://www.housingwire.com/blogs/1-rewired/post/31088-truth-is-those-recent-housing-numbers-arent-so-shiny#.U_36bRp2wvE.twitter

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