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A gold peg would require gold and 3rd party guarantee. Not gonna happen...

Here is my bitcoin TA, it is clear from the chart that the bitcoin speculators like big round numbers(Not much else to go off, is there). So bitcoin is due to either rocket straight to 5k or it will play with 4k before plummeting to 3k overnight.

I put on a short ALLE position Friday near the close too, if it can push down a day or two it will be firmly in bear territory for me.

gold and GOLD are starting to do what I hope, but until GC can break down through 1270 I would consider this a countertrend scalp (for a swingtrader) position. Beyond 1270 I would like to keep the trade for a few days+. I feel the same way on the indexes. If one was bearish (I'm not) now...

I agree with the premise of this author. Unfortunately I felt the same way when bitcoin was at $1.00 and I was trying to decide whether or not I should buy 5000 of them. :) I still think I will be able to buy those bitcoin for $1.00 one day. At some point a next level coin is going to come...

Every time I criticize Bitcoin I get an emotional response devoid of a logical counter. I have money set aside for the crypto I think will fix the problems with Bitcoin. I'm not anti crypto, I just see serious problems with the existing solutions. Like this...

I made the point there is a need for both in my post. I personally, living in the USA, don't mind my transactions being traceable. My biggest concern is being scammed so I would rather have some chance of recourse. Now if I lived in North Korea, Syria, Venezuela, etc things would be...

I would like to start an intelligent conversation here on the strengths and weaknesses of the existing coins, and what I would like to see in my ideal coin. My aim right now is to get smarter on this field and to hopefully identify the next big thing before it multiplies in price into what I...

I'm not bitter or jealous, I actually think it is great that people are making new fortunes off of it! I honestly just think it is a joke that will crash in the end for some specific technical reasons that invalidate it. Obviously I have been wrong so far lol.

I've used Bitcoin for real transactions. It took like 18 hours and cost the same as a cc. If I want to make a super risky bet I'll just use too much leverage on futures or options. I'm a big fan of the crypto technology, but Bitcoin is a stupid money bubble imo and it will be replaced by a...

I am going to laugh so hard when this thing finally collapses.

Trade stocks that are putting the hurt on all the algos and over-leveraged traders with some big news created moves. No one is immune to the pain and greed of oversized losses and gains and that is where you get emotional, exploitable moves.

I'm on the same page, that it is a company to own for years. I think they have potential to be huge, worldwide. I work a lot in crappy countries and they could revolutionize payments in large parts of the world. A lot of the places I go the locals use data cards like currency. I'm sure they...

OK here is my pick. Short GOLD. I trade with some ACD software I wrote and on the longer term view GOLD is 2nd from bottom in the GDX etf. On the short term it made a recent move into the top half, and after yesterday it returned to the bottom. It should also be on the radar for a mean...

I am also looking at getting short miners. In spite of the strong move in gold this week, my data on miners is really quite weak, especially XME. If the market decides to not crash I think it could pay off pretty well.

I have mixed feelings. I believe the entire reason for the sell was the North Korea fears, which I don't think are going to turn in to anything. Now IMO the only reason for a further selloff would be the cascade of margin calls you mention(barring war of course). I actually expect the buy the...

Jdesey if you play with some simulators or just do some math you will see you basically have 100 pct chance of losing all your money. Of course I don't know if you have more you plan to add. Not trying to insult you, really trying to help. Your swings are way too large in relation to your...

He's running a 1k account so every day is a rollercoaster. Probably doesn't know how inevitable his blowup is.

Yep I think I owe vanv a beer...

I like the look of an intraday EFII long today. It seems to be basing at 27, thinking about it, there is really no way to price this thing right now. It needs to feel things out and it looks like the market wants to try buying it today.