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Topic: Kitco Erases Evidence of Cartel Silver Raid - page 2. (Read 3019 times)

hero member
Activity: 840
Merit: 1000
October 11, 2012, 01:59:23 PM
#6
Yeah, because it is traded in paper. Not in the real tangible assets but derivates that mostly does not exists.

Bitcoin is pure money, when compared to fiat.
Bitcoin is traded 'in paper'. It is just a transaction of information, no real actual stuff that is tangible is transfered.
Bitcoin is a very well protected system of IOUs.
full member
Activity: 159
Merit: 100
October 11, 2012, 01:52:26 PM
#5
Yeah, because it is traded in paper. Not in the real tangible assets but derivates that mostly does not exists.

Bitcoin is pure money, when compared to fiat.
hero member
Activity: 840
Merit: 1000
October 11, 2012, 11:53:18 AM
#4
Bitcoin is still very immature.  It will become more stable as it matures.

Gold and silver are pretty mature, and yet this kind of thing is still happening...
sr. member
Activity: 358
Merit: 250
October 10, 2012, 01:52:36 PM
#3
Bitcoin is still very immature.  It will become more stable as it matures.
hero member
Activity: 840
Merit: 1000
October 10, 2012, 11:34:46 AM
#2
From a few days ago:

Quote
As we have documented in depth throughout the day (here and here), the cartel instigated a waterfall decline in silver this morning co-inciding with the 8:30am EST NFP release, dropping silver to $34.15.


http://www.silverdoctors.com/kitco-erases-evidenence-of-cartel-silver-raid/

Yeah, and similar things are happening to bitcoin.
That's why i can't imagine bitcoin becoming too big.
There would simply be people with too many bitcoin and it would not be a healthy environment.
sr. member
Activity: 476
Merit: 250
October 09, 2012, 06:10:39 PM
#1
From a few days ago:

Quote
As we have documented in depth throughout the day (here and here), the cartel instigated a waterfall decline in silver this morning co-inciding with the 8:30am EST NFP release, dropping silver to $34.15.


http://www.silverdoctors.com/kitco-erases-evidenence-of-cartel-silver-raid/
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