This page has been archived and commenting is disabled.
Just Twelve WTF Charts
Sometimes you just have to sit back, gaze at some charts, and say WTF...
1. The Dow Transportation Index rallied from Q4 in 2012 and peaked on 3/19; it did the same in 2013...
2. The Dow Transportation Index is diverging in 2013, just as it did in 2012...
3. Ten-Year Treasury yields have followed the same pattern each year since the crisis started - a modest correction full of hope that the recovery and growth is here followed by a collapse in yields...
4. The S&P 500 is tracking almost remarkably tight to 2012's... perfectly normal efficient markets would do this, right?
5. And 2012-13's US Macro data has traced a very similar pattern to 2011-12's with the latest little hope spur seeming to fade very rapidly now...
6. High Yield credit markets appear to be yelling the same warnings they did in 2011 and 2012...
7. Homebuilders have been the backbone of this recovery as a new bubble in housing is blown... which looks remarkably like the last one...
8. The omnipotent stock of the recovery - AAPL - appears to be tracing the same path of the omnipotent stock of the late 90s - MSFT...
9. The Nikkei 225 has been on a tear. We've seen this kind of hopefulness before... didn't end so well...
10. The recovery from the S&P 500's 2009 lows looks intriguingly similar to the recovery off the 2003 lows... it's different this time though
11. The Dow's 1930 crash and recovery appears to provide a rather similar 'template' for 2009-2013's crash and recovery...
And of course...
12. Bitcoin in all its glory...
Charts: Bloomberg and BitCoinCharts
»
- 62466 reads
- Printer-friendly version
- Send to friend
- advertisements -
wow fuck me! and fuck bernanke too!
Just 12?
Make this 13: Chinese leading indicators are flashing red!
http://www.planbeconomics.com/2013/04/variant-perception-disappointing.html
One look at the BTC price movement reminded me of this chart...
http://netwmd.com/articles/enrn.gif
It didnt have to be this way. This is fucking evil, plain and simple, no other way to describe it...and this coming from a person that wasnt so much about the divine...and really wants to think logical.
.
But just as they have left me no logical choice to consider on how - grown, brilliant, resourceful, intelligent -'the best of the best people' on this planet continually regress the mind, body souls of us people over the centuries...i then started to think illogical, and boy did the world open up to me...
.
Let go of everything you have been taught and know - and you can see how this whole game is connected together. Financials are manipulated? Fuck, i wish it was just that - how about every other major front by the same old pieces of shit lineage and families. This has been going on for a long time for ultimate goal...
to Divide and Conquer...pervert everything...no morals...like flies sitting on shit. Borg. Assimulated. Enslave us.
Just dont give them your will or soul and know you're on the winning good team - and with that i get a smirk.
Interesting chapter this earth life...
All we need now is a Bitcoin ETF and this madness will be complete.
There isn't one? Please send me the application post haste!
parabolic bitcoin looks interesting. perhaps nitpicking, but the stock chart from the '30's labeled 1930-1934 should be labeled 1930 to 1942. and of course the move in the years immediately prior to those periods are nothing alike, recent data, rising prices, older data, the drop of '29 followed by a partial recovery.
i think they are named bitcoin because you will end up getting bit....
maybe insolvent banks are the frying pan, and btc are the fire.....if bitcoin is societys pure, unencumbered transaction. and a threat to their system. than why are we not being bombarded with a disinformation campaign warning of the perils of bitcoin? and dont kid yourself by thinking it is to small for them to worry about....the guy in jail for counterfitting the silver "dollar" he had a fraction of the monetary amount compared to btc.....so i find the silence of tptb and their mouthpieces (media) one of the more telling warning signs for me to stay out....
what does the "seinfeld" show and bitcoins have in common?
seinfeld was a show about nothing....
due to my lack of understanding of btc ,i could be completly wrong....but if something is so complex that the readers of the hedge, which i will say are the most smartest, and informed collection of assholes on the internet have a hard time figuring btc out, than maybe, just maybe it may not be as good as some think.....
mainstream media has been smashing bitcoins for the last 2 years... they keep saying 'bubble bubble, ponzi shmonzy' from a year ago when BTC was at $10...
+1 That reminds me,
"Please rush me my portable walrus polishing kit. Four super brushes that will clean even the trickiest of seabound mammals. Yes, I am over eighteen, though my IQ isn't."
I'll buy that for a bitcoin.
There's my AAPL vs. MSFT chart finally! Thank you, Tyler.
Yes thank You. I am target 380 to get out of my short positions.
The entire bitcoin shit is like some pinksheet crapper without any regulation.
I don't think it's a investable good. Never did and never will.
And yes... many many many holder will stay in long enough to see it go to zero.
I don't like the banks anymore because there's no regulation. Not that they turn into puppies when they do but on a investment point of vue they become angels if they can deliver a 10% div. a year.
If you're trying to bash bitcoin, absence of profanity would help to make it more credible.
Profanity is so .... Cathartic!!
Get over it.
Jew bastard fucking nigger chink.
That better?
you left out honkie
I prefer "cracker"
The mining cards are over 2000 each for your pc. I am curious about the amount of electricity you have to use on an overclocked system 24/7 and how much you have to make over the energy bill making bit coins. It looks like a ponzi spelt differently.
Gold supplies evaporating.... get ready for the party boys
http://bullmarketthinking.com/comex-gold-inventories-collapse-by-largest...
It is apparent, from the second chart, that Dow Transports are about to rally hard!
Ben had to buy the gold somewhere to pay back Germany.
BTW, what's with the cheap Walmart racks filled with gold in those photos. No way could they stack it like that if they even had that much sitting around.
The problem you will find is the short timers. You bust your ass under the old paridgm for 20 years, and then you realize it was silly.
Along those lines. According to CNN, Dick Cheney (and I quote) "We are in Deep doo-doo" WRT to north korea
http://politicalticker.blogs.cnn.com/2013/04/09/cheney-to-gop-leaders-were-in-deep-doo-doo-on-north-korea/?hpt=hp_t1
Click on the link, if only to see the smile.
Yes Dick, having been shown what men in caves with box cutters could do this make perfect sense.
I'm right there with you mate, smirking along. For all of the smoke and mirrors, it is unmistakeable the errors the elites make are always in the same direction. Always against the Ten Commandments. They seek to destroy the foundation of civilisation in order to replace it with a corrupt new way. If you look closely, it isn't new, it is "oppposite." The rules we thought applied are reversed. These guys take the Bible and turn it backwards. Good is evil, evil is good. Not by accident, on purpose.
Let the Word be your armor.
10 commandments, so simple. Forget who wrote them or spun them... but go back to BC times, and the civilizations that could not follow these simple rules "don't steal, don't kill"; those folks and their society perished. Period.
Wife & I debated for years if liberals are stupid or evil.... question answered for all time; liberals are stupid.
Romans 13:12, "The night is far spent, the day is at hand. Let us therefore cast off the works of darkness and let us put on the armor of light".
Love & visions to all bitches.
"That which is hateful to you, do not do to your brother. That is the whole of the Law" - Hillel
The problem is, the elites don't see us as brothers.... or even human beings.
Of course, Hillel's summation gets a bit tricky when applied by masochists.
Hey Crawdaddy
I thought like this and lost just about everything except my family, heart and soul. You know what that's all that matters. I awoke broke in cash but rich in family. A door closes an a better one opens. I think God is saying financial fools wake up...
There is no logic behind evil.
On the contrary, there is often a great deal of logic behind evil.
What people tend to forget is logic is based on something - it has to have a foundation of some kind, and the logic is built on that foundation. Getting to the underlying assumptions takes a lot of doing, and the basis often involves emotional reasoning or mis-learned lessons, but action - including evil action - often proceeds from logical analysis.
And thereby hangs the tale. This is how the PTB types can say "This time it's different" and believe it. They feel the errors of the past were a matter of method or process, without examining the fundamental assumptions underlying their beliefs. These people do not and probably have never lived as normal people do. They do not question because they have never had to.
They are thinking in a linear fashion. It will bite them in the ass.
To the contrary, their is great logic behind evil. Evil can be simply defined. It is the desire to acquire control over the lives of other people. Most evil people rationalize their behavior by thinking they are taking control "for the good" of those whom they enslave. They actually think they are doing good works, but underneath those rationalizations, it all boils down to the actualization of a primitive and pervasive instinct - i.e. the desire to become the chief of the tribe, to own all of the young women, andto have all other men do their bidding.
as Tylers say, sometimes, you have to just sit back and say, "WTF".. .. It is an interesting chapter for much of the globe. Look at little Cyprus, balls of steel on their Parliament! They all said NO! And what happened? The troika just rolled right over them. And not another sound was heard?!?
Well, you see, all the people in the Troika were appointed by democratically-elected bureaucrats. No, sorry, that's not quite right; all the bureaucrats who appointed the bureaucrats in the Troika were appointed by democratically-elected people. So, ultimately, they're all democratically accountable! Yes, that's it. And those people were elected by more people than the people who were elected by the Cypriots. So their decision is - must be! - even more 'democratic' than the Cypriot parliament's.
I'm with you on this - came from the highly logical side of things and had to learn to see the irrational (in me and in others) to really start understanding things.
Mind you, I disagree with the idea that certain people are activelly colluding to keep themselves as a group above others:
- I don't think its anything as straightforward as that - it's probably far more akin to emergent systems (a bit like the Game of Life - https://en.wikipedia.org/wiki/Conway%27s_Game_of_Life) that can create complex systems even though the rules for each cell are extremelly simple. Here it's people that are each going their own way, mingling together because they're alike and went to the same Universities or work in similar things, who do things for their own personal benefit (like cultivating political influence) that also end up helping similar people.
I doubt that there is anything more than a couple of long lived dynasties out there that activelly collude to gain and maintain real power.
This guy has some additional WTF charts.
http://confoundedinterest.wordpress.com/2013/06/02/bleeding-economic-indicators-commodities-cds-and-industrial-production/
the bitcoin one will also happen to PMs and land. Only a matter of time.
MW farmland prices are fucking insane.
I would lease my land, never sell it. The new bank in town could ask to lease my gold if I get to see the bankers slave on my land in return. As useless as bankers are, they all know how to hold a shovel or rake. On second thought .. the farming season is limited and yield matters in the real world. People are potentially starving if the bankers are slacking with their raking and shoveling. That's the real world.
I wouldn't hire a banker to lick the sweat off my ass after a long horse ride.
Also, FUCK YOU KRUGMAN!!
I might let a banker lick the sweat off my horse's balls, though.
That's too good for a banker. They would probably get a kick out of that.... Pun intended.
Lol.......... My good saddle horse would kick the nut licker in his eye. I would pay to see a banker get donkey punched after a fresh set of shoes put on lol. Set on the tail gate, pop a beer and watch the twink eyed banker roll around after getting booted, lol.
Licking asses in the diarrhea ward would be a perfect job for the banksters...
True story. I watched as a young boy ran after a horse, hitting it with a stick while his mother watched on as if nothing forboding was happening. I started running in their direction yelling just as the horse reared up and kicked violently backwards missing the boys head with one hoof by a whisker. The other hoof connected with his thigh shattering his femur with the most sickening sound. The boy screamed at the top of his lungs as the mother came running. The same situation is panning out in financial reality while everyone watches on in disbelief. This is like a trainwreck waiting to happen. We are beating the crap out of the pissed off horse and this time around it aint gonna miss the head.
I've got news for you.... you are leasing "your land". As long as you're paying property taxes you're leasing it.
He meant, he wants to re-lease it out.
He wants to rehypothecate the land.
That's what a whip is for.
bankers do what congress permits them to do. we have the choice of being debt-free.
Land prices are paid for in bank credit, so they are already inflated and will fall along with bank credit. Bank credit is utilised through the fractional reserve system to leverage bank credit and sit on the paper gold price through dedrivatives. Gold will fly and land prices will fall in real terms, just like copper and every other industrial commodity.
Agricultural commodities will fly when bank credit fails because the govt will be unable to maintain its system of farming subsidies in which case prices will rise.
At that point people will finally understand just how poor they really are. Good luck with Bitcoin when that happens.
H or anyone,
Why would agro prices rise? Would they not fall as subsidies are removed?
Just got my ZH membership approved today (pls be gentle) and, given that it's my first time at fight club then I have to fight ...
Bitcoin is only 1 executive order away from being useless.
It depends on the Internet and its traffic has a particular shape (even though the contents are encrypted). Just imagine what happens when this traffic gets blocked in the interests of "national security" because BTC is financing terrurizzm, or piracy, or peedophiles or some other poster boy for evil.
If you read the BTC design spec and protocols (http://bitcoin.org/bitcoin.pdf) then there's a really obvious flaw in it:
"If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth"
So good old game theory rational self-interest applies.
But what if the attackers motive is malice rather than profit? And what if said malicious attacker has access to ridiculous amounts of processing power?
Can we think of anybody, or any body, which has access to massive amounts of cpu power who might have a vested interest in trashing BTC?
BTC is the canary in the coalmine, for sure, but it will be killed. A descendant of BTC will, eventually, rule the roost but I have no idea how many incarnations of it will be murdered before we get there.
All that said, I wish I'd have piled in at BTC $1.50 and cashed out yesterday. Good luck to you on your timing if you're holding BTC - may you get out at the top and use the proceeds to take delivery of a enviable stack of physical.
Interesting that bitcon soared about the time Cyprus depositers got raped. The US gov will, as you say, shut down bitcon, but not before they seize the assets behind it. Easier on the public's sentiment than seizing deposits. Still relatively few people have even heard of bitcon.
Welcome to Fight Club, PP. Kick some azz.
Just got my ZH membership approved today (pls be gentle) and, given that it's my first time at fight club then I have to fight ...
Bitcoin is only 1 executive order away from being useless.
It depends on the Internet and its traffic has a particular shape (even though the contents are encrypted). Just imagine what happens when this traffic gets blocked in the interests of "national security" because BTC is financing terrurizzm, or piracy, or peedophiles or some other poster boy for evil.
If you read the BTC design spec and protocols (http://bitcoin.org/bitcoin.pdf) then there's a really obvious flaw in it:
"If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth"
So good old game theory rational self-interest applies.
But what if the attackers motive is malice rather than profit? And what if said malicious attacker has access to ridiculous amounts of processing power?
Can we think of anybody, or any body, which has access to massive amounts of cpu power who might have a vested interest in trashing BTC?
BTC is the canary in the coalmine, for sure, but it will be killed. A descendant of BTC will, eventually, rule the roost but I have no idea how many incarnations of it will be murdered before we get there.
All that said, I wish I'd have piled in at BTC $1.50 and cashed out yesterday. Good luck to you on your timing if you're holding BTC - may you get out at the top and use the proceeds to take delivery of a enviable stack of physical.
To put up a good fight, you'd probably have to wait at least 'til NYSE opens ...
FYI: just click on the "save" button once (LOL!)
-1 for double posting or +2 for rephypothicating it. I'm so confused...maybe I should call my broker for advice.
Hey I've got some real special tulip bulbs to sell....for BitCoin
Yahoo headline:
Some Fed Members Fear Monetary Policy Effects
Couldn't help laughing. These clowns should have had a healthy dose of fear soon after Volker went fishing, for cryin' out loud.
The last one looks good.
good for what?
Looks like a good top to buy in at...
If I were in bitcoins, and still holding, the last one would scare the absolute shit out of me.
Better to get out a tad early, book your profit, and miss the actual top, than to have your face ripped off on the way down.
sell to who?
price is up 100% and volume down 70%
good luck finding the next greater fool! ever played penny stocks? this is no different.
So it is your contention that in a world when central banks are printing like mad, robust volume is required for markets to go up?
Look back at the charts for the Big Difference.
These things you call "markets", they are not forming hockey-sticks.
Bitcoin formed a hockey-stick.
hockey sticks never last
http://en.wikipedia.org/wiki/File:Population_curve.svg
So true, my kid goes through 2-3 per season. I think were about to see several upside down hockey sticks - or maybe some L shaped graphs in the near future.
Max Keiser is sending his readers to the slaughter with his bitcoin pumping. Lulz.
I have a feeling Max is involved with bit coin somehow, just a gut feeling.
I feel so sad that he made me rich.
So you've cashed out? (serious question)
...for averaging down. POOF!
Unload BTC
that settles it-I'm buying the $2500 bit coin miner that I see advertised here on ZH-seems like a bargain compared to a CAT 325 excavator that I would need to use for mining gold. the chart that never ceases to amaze me is the homebuilders chart- but as long as the govt is throwing money at them to build their plastic-clad shitboxes all is well.
Were I you and had a CAT 325 available at $2500, I'd buy the CAT. Not only can you mine with it, you can build a sweet bunker.
Tell me that CAT325s cannot be picked up for that little? Definitely not in any working condition. I'd be putting ten in my yard if that were the case.
My 08' 320c was 212k. I suspect the 325 now would run around 300k. Richie brothers auction has had many nice used machines though fyi.
That's more than $5 a lb. They might get cheaper what with the shit that's going on in Japan. This happened before in the 80s and yellow Japanese iron brought the price down by half.
I agree FS, the 320 is 43k + pounds. I won't buy new anymore, we lease/rent newer units now as needed. For example, a newer 320 month by month or week by week calcs at about 3200.00 per month now after the 08' iron crunch. It is just easier and cheaper to allow these newly popped up take up rental companies to maintain, transport and carry the notes. Also it is nice to have the exact iron needed when on jobs for about half the zero interest buy in rate. It is also nice not to be payment strapped between jobs or winter/rainy months when running larger jobs with multiple pieces of iron. Very few construction Co. feel safe with iron as an assett now imo, or we do not anyway.
It is also nice not having to deal with some cock sucking baby fat banker as well during the buy in. It has been my pleasure to hammer them at every corner since 08'. I have got a few pretty good digs in on the banker boys on my score board in the last few years. We don't hardly give them any business at all now. Fuck em.
May I suggest an alternative: Get yourself a Liebherr R 926:
http://www.liebherr.com/EM/en-GB/region-%28europe%29/products_em.wfw/id-...
I wish they were that cheap-but just saying the BC miner is a comparitive bargain(jokingly-of course)
reading comprehension be hard.
CAT 325 is also good for flipping/manhandling DHS' shiny new APCs.
You can also use it to make a slow getaway...
I am confident.We are fucked.
No matter how many times we 'Rinse & Repeat', we just can't seem to get that nasty 'Fed. stain' out... Maybe we get lucky this year Tyler. ;-)
Charts no longer matter.
The gov owns all the market by use of Fed + Primary Dealers.
The 1% own all the market,with the exception of the crypto-currencies market(see last chart), by use of Gov + Fed + Primary Dealers.
There, fixed it for you.
WTF !
Long charts.
A wash cycle.
Strap in people! This roller coaster ride will be hella scary!
History rhymes with some sick flow
Well it is obvious that the FEDs don't have their computers tied into the last chart.
Look only at cash flows: dividends and interest paymemts. Capitals will never be returned. What matters in only what you can produce that benefits society. In the long run everything else will be screwed...
Until next time,
Engineer
These charts are amazing. Wonder if the WSJ will print this. LOLOL
The scales are manipulated a bit in some of them.
I'm just hoping we don't get a cascade of crap hitting the fan, with Japan, Europe and the U.S. equity market lined up for failure.
That's exactly how the "main event" will play out, probably a few years from now.
Oh...delicious charts.
Apple/Microsoft and Nikkei 2004/2012 are perfect.
"This time is different!"
Yeah sure, they REALLY want you to believe that and buy some equities.
John Mauldin's "outside the box" letter today was excellent, showing how a deficit spending at both the public and private levels has driven up corporate profitability, and how it always reverts to the mean. Profits will vanish over the next several quarters, he says. Good charts to show it.
Feels like we are heading toward a cliff. Thinking of pulling cash out of the bank.
Don't think, do.
If a bit coin chart collapsed in the middle of the night would anybody really notice?
Well what I noticed was the ad for the 50 GH/s Bitcoin miner from Butterfly Labs said the machine cost $699 last week and today the ad says it costs $2499.
Last week a Bitcoin mining machine you will never receive cost $699 to run 50 GH/s, that same 50 GH/s processing power now costs $2499?
The Bitcoin scam grows larger by the day.
Another bubble ready to pop.
When inflation reaches electronic equipment (which is normally deflationary), can we say WTF?!?
Question was rethorical...
john galbraith - a short history of financial eurphoria. please read it everyone. easy reading. one lesson - any time
that huge amounts of money are being made where nothing existed before - beware. if you can buy low and sell high -
blessed. otherwise - bust
You'll Need O2 to climb 'Mt. Shitcoin' chart.
As an investor the most important chart is the chart that Ben Burnankie is optimizing for when the reporters leave the room.
The thing about scams, is the players change and the story changes, but the scam stays the same. They always follow the same path and end with the same results.
There is something in human nature that makes some wish to scam others and those that for some reason allow themselves to be scammed over and over. BECAUSE THIS TIME WILL BE DIFFERENT!!!
Like watching a guy using a card trick to take money from a crowd of people. Mark after mark lines up and watches their money disappear. For some reason, another person gets up believing he's going to win this time.
There might be a guy saying, "Guys, it's a trick. You can't win and he's playing you all for fools." For some reason that guy gets boo'd, and after each mark gets taken the crowd erupts with cheers. "Wow, that's so amazing. How does he do that?"
The scam artist says, "Thank you. You've been a great crowd." Then laughs and walks away with a load of cash. The idiots that got played sit in amazement saying to each other, "Wow, that was cool."
I'm told that because I didn't step up and let the guy take my money, I missed out on the fun.
Ain't that the truth. I've watched that same scene happen several times. The idiocy of people and their eagerness to be parted from their cash is stunning.
The interesting question is, if the human brain is excellent at pattern matching, to such a point that "superstitious behavior" is a problem, how does this keep happening? This implies that It takes a willful act of ignorance to fall for scams, bubbles, etc etc.
I think the prob is that all the dudes gettin taken, are named Steve, go figure.
or in my case - nyc experience - i was the mark - and i got it right. but, then they didn't want to pay out. there are only 3 shells and one pea. i watched long enough to get it right. so when i looked around suddenly i had two rather unfriendly guys standing behind me. 'ok you tricked me' and then i left and never looked back.
benarke has your back. look at the size of your 401k today!! isn't this great?
Even the idiots sense something is up. It's all about confidence and if they ever figure out what's really up, those charts will be going down faster than Rosie O'Donell in a women's penitentiary.
Great analogy...
but I think even the prisoners would be repulsed by that skank, Rosie O.
ya know, wee, if you got rid of that disgusting profile pic, you will surely get much more green .... just sayin'
wow - excellent chart porn thanks - how's that parabola in the last frame
China shuts Nth Korea border
http://www.washingtonpost.com/blogs/worldviews/wp/2013/04/09/report-chin...
China will do everything to stop Japan's money print madness
Shorting the usd over the next 24hrs. could be dangerous to your health. If nut job Kim does something stupid today, everyone will run to the usd.
Yen I hear ya.
Did you see the CNY/import fudge data. It's just pure madness. I am 100% certain that there will be an incident. Also huge inflows going straight to Japanese companies, China will hate that since they got labeled for FX manipulation in the past.
So you can bet on Kim doing something, nuclear, nah, just a missile test any day/moment/hour/min...shot close to Japan. USD should bounce hard and YEN goes bid, plus some reversal on the Nikkei, bonds bid etc. Will be interested to see if Japan bonds go bid. Could go opposite if China sells a chunk again.
Doesn't feel good.
Ya I saw. Last night bad news was good news on PBoC being able to loosen. Tonight imports beat but exports and trade balance misses are completely ignored. It's all horseshit. The dollar is oversold on 1hr and 4hr charts already, so it's due for a bounce anyways. Don't forget the fed. Minutes @ 2:00 p.m. eastern time. Any hawkish(tightening) talk and that will make the dollar bounce as well.
I would be flat or long the dollar today. The dipshit that junked me is a moron, and obviously doesn't know how to read charts or study macro news. I just took a small cable short position. I wanted to short gbp/jpy but it might go higher if the dollar bounces. Already have big long usd/jpy position.
Yes, I think that Asian outflows on imported inflation (weaking currencies against YEN) will go into USDs + risk aversion (Korea etc) + possible UST buying.
Yen, we could (could as in speculative) at the cusp of the great bust. These markets are so warped by commie crony capo lunatics. How long can they keep this BS going?
The charts look like we won't have to wait too long.....
I have not seen any links as to where to sell bitcoins for cash yet though and I have been asking. It's like a religion/structural defect/affect for them it seems. I wouldn't put it on the credit card.
Maybe applicable to chart 12 up there?
Just found it in a search query...
http://qz.com/69630/how-to-short-bitcoins-if-you-really-must/
Looks like a perfectly reliable stable currency to me.
This shit is going to go hyper-nuclear. Abe already is cleared to buy REITs and stocks. BenB will get "CB Envy" and he'll want some of that too (more than he already does through PD dealing desks). You'll need either a wheelbarrow of FRNs or .001 Bitcoins just to buy one loaf of bread.
how is bitcoin not just another fiat controlled by mere mortals, that can be debauched and printed like any other fiat? At some point they will want to devalue it, wouldn't they?
Not at all. Read a bit since you don't understand it. But I'd be buying whatever I could witht hem right now if I had a ton.
One Question: Instead of a stock market (casino...) why (or do they?) the likes of Ladbrokes allow you to bet on financials?
Can you bet that the Euro is going to break up within the next year?
Fuck Wall Street and this commission bullshit.
I love the young Tyler photo!
I haven't yet heard of anyone cashing in on a BTC investment. No trade is complete until you have the Benjamins/AU exchangers in your hot little hand.
Great stuff ZH.
Tyler talks about bitcoin because it drives pageviews and advertising clicks.
Thanks bitcoin haters, you've guaranteed that there's going to be nothing but bitcoin on this site for some time to come.
Yeah, there is nothing else to talk about regarding bitcoin. The Tylers should not be posting on it at all. Nothing newsworthy about it, if it is tulip mania or a gold replacement. Nothing to see there. Just driving page views and advertising clicks.
I for one click the ads. Occassionally I buy things from those ads. Was going to spend a couple hundred on a swimsuit (I was googling it), and the damned ads showed me a different technology that was only $40.00. I am happy with the suit.
I don't feel the need to be critical if they do hustle the ads a little. Tell you what they don't do; they don't hassle me for donations all the time and make me feel guilty for being here if I don't donate (I have been on sites where I was personally solicited more than once).
You are our better half
Anytime one sees another using the term "haters" you know that they are a dbag, and full of shiite.
Bitcoin or no Bitcoin.
Expect Black Swan this summer-fall. TPTB need it to save their fiat.
A bitcoin discussion site, 2017:
"Hi. I used to run the Federal Reserve. Can someone lend me .0025 bitcoins to pay the power bill at home? I promise I'll pay back at 50% interest when my mining shares come in.
Thanks,
Bitcoin Ben"
you can align any charts when you give different periods of time - it's a fractal.
Sometimes this site pains me to no end.
That was intense.
A pattern like that would imply intelligence, design, and dare we say it... engineering? Don't forget to bend over.
But hey, thank God at least someone is making some money... hahahahaha.
http://www.nbcnews.com/business/where-rich-live-10-priciest-zip-codes-1C...
No worries Goldman is all over it.....
Goldman Sachs lowers gold forecast for 2013, 2014
Stories You Might Like
Facebook threat to Google grows in mobile
Banks to start making foreclosure payments
Does Obama want to push granny off a cliff?
1 Comment
new
Portfolio Relevance
LEARN MORE
By Sara Sjolin
LONDON (MarketWatch) -- Analysts at Goldman Sachs on Wednesday lowered their average gold-price forecast for 2013 to $1,545 an ounce from $1,610 expected previously and to $1,350 an ounce from $1,490 in 2014. "Despite resurgence in euro-area risk aversion and disappointing U.S. economic data, gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning," the analysts said in a note. "With our economists expecting few ramifications from Cyprus and that the recent U.S. slowdown will not derail the faster recovery they forecast in 2H13, we believe a sharp rebound in gold prices is unlikely," they added. For the year-end forecasts, Goldman now sees gold to close out 2013 at $1,450 an ounce and 2014 at $1,270 an ounce.
no worries, the bernank is preparing for ludicrous speed
You ain't seen a bubble until you watch this video on Vancouver's real estate bubble...
http://www.youtube.com/watch?v=hqOn5XEm86A
Scary beyond belief.
Is there a way to short Bitcoins?
"Just One WTF Question" about the WTF charts .... Are we there yet?