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    Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032315 times)
    thezerg
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    August 03, 2012, 09:07:44 PM
     #2661

    It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.

    not really b/c they can't.

    They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers.
    Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is.

    the "unfair competition" as you call it, was "defined" by your compatriot in gold, silverbox.  his definition was the beginning of this thread.  so there you have it.

    Its not a competition, pretty much everyone here is a BTC bull.

    I'm still waiting for that "COLLAPSE"  and "CRASH"  that you called for in the general markets and PM's (Gold in particular)..  Its been 6 months, how long is it going to take?? Wink

    Its extremely difficult if not impossible to put a date to something like that in an environment with massive market intervention by governments.  For example, the Greek default should have already happened twice, but for the decisions of a few people.  I think even the Keynesians don't think you can make a model that accurately predicts a system where individuals have this much power because people are not predictable individually with today's computing power.  They are ironically only predictable (maybe) in aggregate.

    But I think the bitcoin bull market itself could be considered a prediction of Greek default and other fiat currency troubles ahead. 


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