3 out of 3! Each time Bitcoin reaches parity with Gold, it fails. Here's why! | |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/11/2017 07:19 AM Report Abusive Post Report Copyright Violation | You're suggesting there's some sort of mathematical correlation? E.g 21 million ounces of gold to 21 million btc (1:1)? Quoting: Anonymous Coward 73044536 I'd like to see your research. I am not suggesting that, you are. I am saying, that each time Bitcoin reaches parity with Gold, the price gets knocked down. It has been so historically, but this last time it passed ppo of gold for quite some time. Definitely something to note, but it should also be understood; the value "one ounce of gold" is entirely arbitrary in regards to bitcoin, as we have no notion of how much gold there is in the universe, and so no notion of what one ounce of gold is relative to itself. We do however know the value of 1 bitcoin, as it is precisely 1/21,000,000th of whatever value is added to the bitcoin network wealth prior to calculation. And so what is the real value of Gold. The Debt Clock says; $7,768.00 per ounce. See for yourself, in the lower right hand corner; [link to www.usdebtclock.org Every day, and in every way, the shit keeps getting deeper and deeper! |
Anonymous Coward User ID: 70735973 United States 03/11/2017 07:20 AM Report Abusive Post Report Copyright Violation | |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/11/2017 07:25 AM Report Abusive Post Report Copyright Violation | |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/11/2017 02:06 PM Report Abusive Post Report Copyright Violation | Bix Weir presented an excellent breakdown of ETF plan in this video. By his description, it appears that Bitcoin actually dodged a bullet! Bitcoin is far better off as-it-is! Video; Bitcoin ETF Shakeout is Over! Every day, and in every way, the shit keeps getting deeper and deeper! |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/11/2017 02:27 PM Report Abusive Post Report Copyright Violation | Here is another video that indicates that the ETF move was a failed attempt to manipulate the entire Bitcoin market! Video by Jsnip4; REALIST NEWS - Bitcoin ETF = No Go = Good News Actually! Every day, and in every way, the shit keeps getting deeper and deeper! |
Anonymous Coward User ID: 74375830 United States 03/11/2017 06:35 PM Report Abusive Post Report Copyright Violation | Bitcoin won't last and I will tell you why.. Quoting: Anonymous Coward 74416997 The Rothschilds don't control it. They only let something un-taxable go on for so long to see its effects and how it works. They will force your politicians to make it illegal to own bitcoin eventually. Right around the time they launch Fitcoin. The federal international trading coin.. Controlled 100% and taxed by Rothschild. If your holding bitcoin, you can equate that to holding a lit stick of dynamite.. Its just a matter of time before it blows. Unless you see the rothschild collapsing soon and losing their monopoly on central banking currencies? I don't see them letting bitcoin go on much longer.. This is evident by the rejection of it on the Etf. The Banksters do not like Bitcoin, but they do like the Blockchain! And I am saying, that the Banksters are somehow crushing Bitcoin at the Gold parity price, until they can create and control their own Alt-Coin. Is Dash their coin?! . They have chosen ethereum Hello U created the thread but seem clueless mellon and morgan and gates are going to push ethereum up to 1000 next |
Anonymous Coward User ID: 74375830 United States 03/11/2017 06:41 PM Report Abusive Post Report Copyright Violation | Bitcoin won't last and I will tell you why.. Quoting: Anonymous Coward 74416997 The Rothschilds don't control it. They only let something un-taxable go on for so long to see its effects and how it works. They will force your politicians to make it illegal to own bitcoin eventually. Right around the time they launch Fitcoin. The federal international trading coin.. Controlled 100% and taxed by Rothschild. If your holding bitcoin, you can equate that to holding a lit stick of dynamite.. Its just a matter of time before it blows. Unless you see the rothschild collapsing soon and losing their monopoly on central banking currencies? I don't see them letting bitcoin go on much longer.. This is evident by the rejection of it on the Etf. Exactly |
Anonymous Coward User ID: 70463113 United States 03/11/2017 07:04 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 70463113 United States 03/11/2017 07:12 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72729745 United States 03/11/2017 07:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72729745 United States 03/11/2017 07:45 PM Report Abusive Post Report Copyright Violation | Bitcoin won't last and I will tell you why.. Quoting: Anonymous Coward 74416997 The Rothschilds don't control it. They only let something un-taxable go on for so long to see its effects and how it works. They will force your politicians to make it illegal to own bitcoin eventually. Right around the time they launch Fitcoin. The federal international trading coin.. Controlled 100% and taxed by Rothschild. If your holding bitcoin, you can equate that to holding a lit stick of dynamite.. Its just a matter of time before it blows. Unless you see the rothschild collapsing soon and losing their monopoly on central banking currencies? I don't see them letting bitcoin go on much longer.. This is evident by the rejection of it on the Etf. The Banksters do not like Bitcoin, but they do like the Blockchain! And I am saying, that the Banksters are somehow crushing Bitcoin at the Gold parity price, until they can create and control their own Alt-Coin. Is Dash their coin?! . They have chosen ethereum Hello U created the thread but seem clueless mellon and morgan and gates are going to push ethereum up to 1000 next This guy is right! |
Anonymous Coward User ID: 46729832 United States 03/11/2017 11:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22373790 United States 03/11/2017 11:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 33427608 United States 03/11/2017 11:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72729745 United States 03/11/2017 11:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72044539 Spain 03/12/2017 06:45 AM Report Abusive Post Report Copyright Violation | |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/12/2017 04:40 PM Report Abusive Post Report Copyright Violation | Oh btw, damned near EVERYTHING, and everyone, now relies 100% (or close) on the internet. Internet going down = equivalent of global nuclear war, more or less. You are absolutely right! If the Internet goes down, everything goes down with the it, including the just in time delivery system! If the Grid goes down, Ammunition, food and Silver will be the best currency. Every day, and in every way, the shit keeps getting deeper and deeper! |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/12/2017 04:44 PM Report Abusive Post Report Copyright Violation | Bitcoin is now at; $ 1237.47 Gold is now at; $ 1238.78 Dash is (Hot) and stable at; $ 76.39 Last Edited by ~ Prof. on 03/12/2017 04:47 PM Every day, and in every way, the shit keeps getting deeper and deeper! |
Anonymous Coward User ID: 17779573 United States 03/12/2017 05:03 PM Report Abusive Post Report Copyright Violation | |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/12/2017 05:55 PM Report Abusive Post Report Copyright Violation | Other digital currencies might rise because Bitcoin is too expensive for most people. Quoting: Anonymous Coward 72044539 You are able to buy (and sell, and use) fractions of a bitcoin. Absolutely! What is most important is getting a "piece of the action" and continuing to educate ourselves as to the great possibilities that exist in the Blockchain and All Alt-Coins! Dash Coin is HOT right now; [link to dash.org] Every day, and in every way, the shit keeps getting deeper and deeper! |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/18/2017 03:45 PM Report Abusive Post Report Copyright Violation | Based on rumors of a Bitcoin (Fork) split! TPTB want you to look away from Bitcoin. Dash coin is now @ $113.06 Every day, and in every way, the shit keeps getting deeper and deeper! |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/24/2017 06:55 PM Report Abusive Post Report Copyright Violation | Look at the price and the confusion surrounding Bitcoin today. March 24, 2017. Gold is at $1284.93 and Bitcoin is at $939.84. Was I right about this issue. The prices of Gold, Silver and Bitcoin are being manipulated from the top! Every day, and in every way, the shit keeps getting deeper and deeper! |
Anonymous Coward User ID: 74036517 Canada 03/24/2017 06:56 PM Report Abusive Post Report Copyright Violation | |
House of ACME User ID: 72632197 United States 03/24/2017 06:59 PM Report Abusive Post Report Copyright Violation | The best way to go in my view would be for the government to reestablish its right to issue currency. Paper currency still trumps all(no pun intended). If we have an EMP attack where the grid goes down indefinitely . . . well you just realized the BIG shortcoming of online cryptocurrencies. Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/27/2017 04:37 PM Report Abusive Post Report Copyright Violation | Comparing an ounce of gold to a figurative Bitcoin is utterly retarded. Quoting: Anonymous Coward 74036517 Why not compare a bitcoin to the equivalent amount of horse dung. The current market cap for Bitcoin is (16.5 Billion dollars) $16,546,276,828, and that ain't dung! The stock market and the prices of metals are totally manipulated. Are you an investor, or just a complainer who wishes poverty and doom onto the economy? Every day, and in every way, the shit keeps getting deeper and deeper! |
EFFING DEPLORABLE!
(OP) User ID: 30358350 United States 03/27/2017 04:42 PM Report Abusive Post Report Copyright Violation | The best way to go in my view would be for the government to reestablish its right to issue currency. Paper currency still trumps all(no pun intended). If we have an EMP attack where the grid goes down indefinitely . . . well you just realized the BIG shortcoming of online cryptocurrencies. Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum If there is an EMP attack, the entire world, as we know it today, will come to an end. Nothing will save you, Nothing! Every day, and in every way, the shit keeps getting deeper and deeper! |