Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
smoothie
on 18/08/2012, 19:11:26 UTC
Gold:  -4%

Bitcoin:  +181%

Diff:  +185%  advantage Bitcoin



hmmmm..

Never seen gold crash like this..  EVER.

I'm pretty bummed actually.  Nothing is gonna stop this train ride down..  5-6 before the end of the weekend could be here.

Sucks.

are you that desperate to promote silver and gold that you'd throw Bitcoin under the bus?

You didn't see ^^^.

I'm actually quite glad it stopped at 10 and made it back to 12, but unfortunately I think we may be in for more of a drop.

If pirate defaults, there will be no golden goose paying 7% a week to bring in Fiat to the BTC system.

If pirate unwinds and pays out, there will be tons of BTC being sold to cash out.

I see BTC dropping in price for quite a while as the fallout of pirate closing up perks thru the system.




And here I thought that pirate was paying out in bitcoins not fiat. I know what you're going to say...he's been buying on the open market right? Well if that is so then he is short on either USD or BTC....either way he is fucked.