Topic: we're going ballistic mav (Read 1841 times)
Tom Skerritt could not have said it better.
In the end gravity always wins.
Did I mention I'm a private pilot too?
thanks for the educational comment though [/quote]
But what were doing there? Communicating. How when you were on top? Because I was inverted.
I know what the term means, like I said. It's just a quote from the movie. I'm an engineer. I had a lot of math (physics) classes at school without falling asleep (for the most part)
I hope you know I'm using a quote form Top Gun and that your comment makes no sense in that context.
I know its from top gun, but you may not know what the term means. you might think it means "going up" while it really means the trajectory gets determined not by aerodynamics, but by momentum vs gravity.
In the end gravity always wins.
Well, a couple things happened "recently" (even major news takes time to hit) to cause people to question the fiat currencies and possibly invest more in Bitcoin.
-FED meeting notes released, markets weren't too happy that some members were suggesting scaling back continuing purchasing of assets
-U.S. budget was actually cut, and the cut so far appears to be permanent although small, signifying lawmakers are running out of choices
-Obama pushing forward with Keystone XL, which is being called upon by lawmakers as a job-creating measure although the projected job stats are hilariously shady. The administration has previously delayed this approval. What this might signify is that Obama's faith in Helicopter Ben to create jobs via QE is waning.
TL;DR: Fed notes indicate less QE in future, U.S. budget was cut, and Obama potentially showing less faith in FED to create jobs and turning to private sector. This can be interpreted to mean bad news for the dollar. $$
$$
So, now add that to the good bitcoin-related news which we seem to have been swimming in for the past couple months. BTCBTCBTCBTC
Folks have a reason to leave the dollar, and a reason to hook up with bitcoin. Hence, price jump. Q.E.D.
-FED meeting notes released, markets weren't too happy that some members were suggesting scaling back continuing purchasing of assets
-U.S. budget was actually cut, and the cut so far appears to be permanent although small, signifying lawmakers are running out of choices
-Obama pushing forward with Keystone XL, which is being called upon by lawmakers as a job-creating measure although the projected job stats are hilariously shady. The administration has previously delayed this approval. What this might signify is that Obama's faith in Helicopter Ben to create jobs via QE is waning.
TL;DR: Fed notes indicate less QE in future, U.S. budget was cut, and Obama potentially showing less faith in FED to create jobs and turning to private sector. This can be interpreted to mean bad news for the dollar. $$
$$So, now add that to the good bitcoin-related news which we seem to have been swimming in for the past couple months. BTCBTC
BTCBTCFolks have a reason to leave the dollar, and a reason to hook up with bitcoin. Hence, price jump. Q.E.D.
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you realize this is a picture of the space shuttle Columbia right....?
then it should crash any moment!
it's all because you can buy domains on namecheap.com with bitcoins
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you realize this is a picture of the space shuttle Columbia right....?
Unfortunately, I agree.Monday was too much.
I got out for a nice profit. $39 is too rich for my blood.
I got out for a nice profit. $39 is too rich for my blood.
I buy and sell occasionally I was lucky I cancel a sell @ 34.9 this past sunday...
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I hope you do know what a ballistic trajectory looks like...
I hope you know I'm using a quote form Top Gun and that your comment makes no sense in that context.
Is there some big news i missed? Did the Fed decide to stop using the dollar and switch to bitcoins instead or something? Because if not i think we might be bubbling up a little too quick for comfort!
I hope you do know what a ballistic trajectory looks like...
Wait it's a party, let's be bullish all the way! 
Unfortunately, I agree.Monday was too much.
I got out for a nice profit. $39 is too rich for my blood.
I got out for a nice profit. $39 is too rich for my blood.
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