WARNING WARNING Will Robinson Bitcoin doomed

[Anonymous 54]

10 years ago, I said sell half your gold.
But cheap realestate, rent it for 10 years.

Then sell, and buy the gold back.

I get laughed at.

Yeah, it kinda p~~~es.me off.

[iMickey503Participant 12465]

So if you got in YEARS ago, your good still. it’s still more then the value of the dollar. MT GOX is going to put more of the Bitcoin back in circulation. That’s going to lower the value. With Coin Exchange being tapped by the US government, there are concerns about their money so they are leaving town with it. As soon as it is no longer a way to send large amounts of MONEY, then it loses its value.

As long as there is a need for a out of band Currency exchange, it will have value. But is it a good idea to INVEST in it? well it was last year. But not now.

If it’s value is more then gold, then there is a problem.

You are all alone. If you have been falsely accused of RAPE, DV, PLEASE let all men know about the people who did this. http://register-her.net/web/guest/home

[Anonymous 54]

The “next something” to invest your gambeling money in will be comming along soon.
I dont know what it is.
But wait for it.

[MutineerParticipant 1467]

Anonymous wrote:

The rule of thumb, have 60- 80 % of your portfolio in tangables.
Realestate
Precious metals.

Gamle with the rest.

So. I got the rent.

I need water before elect, so it gets paid first.

Hahhaha

Why are you not rich? Oh wait, you had a wife!

"The secret to happiness is freedom... And the secret to freedom is courage." - Thucydides

[Anonymous 54]

Mutineer wrote:

Old Heyoka wrote:

The rule of thumb, have 60- 80 % of your portfolio in tangables.
Realestate
Precious metals.

Gamle with the rest.

So. I got the rent.

I need water before elect, so it gets paid first.

Hahhaha

Why are you not rich? Oh wait, you had a wife!

20 years of alimony.
Bad bad investment!!! Hahahha

[HermitParticipant 1121]

I went into the shop for my monthly purchase of gold and silver a few months back and this guy walks in with over a thousand silver rounds, puts them on the counter and says he wants to sell and buy bitcoin. The dealer tried to talk him out of it, but failed. I just kept my mouth shut. I hope that guy doesn’t lose his shirt over this.

I don't hate women. I just feel better when they're not around.

[Anonymous 54]

I scratch my 8 th grade head….hahh

[xanthineParticipant 4903]

PistolPete wrote:

Hermit wrote:

but I do own a 10mm which is not a popular round so that ammo is not as common

Ah yes BUT 10mm is coming back! Sig announced a new model last year chambered for it and NOW Ruger, Spring field armory, and Kimber (Camp Guard 10) have all launched new weapons in that caliber. ITS COMING BACK!

Midway USA, Sportsman Guide and Natchez all have great deals on 10 mm ammo.

Geez you guys are insane with your 10mm hand cannons…why not just make a pistol that shoots 12 ga slugs and call it good?

…wait a minute…anyone know where i can get a pistol that shoots 12 ga?

[HermitParticipant]

xanthine wrote:

PistolPete wrote:

Hermit wrote:

but I do own a 10mm which is not a popular round so that ammo is not as common

Ah yes BUT 10mm is coming back! Sig announced a new model last year chambered for it and NOW Ruger, Spring field armory, and Kimber (Camp Guard 10) have all launched new weapons in that caliber. ITS COMING BACK!

Midway USA, Sportsman Guide and Natchez all have great deals on 10 mm ammo.

Geez you guys are insane with your 10mm hand cannons…why not just make a pistol that shoots 12 ga slugs and call it good?

…wait a minute…anyone know where i can get a pistol that shoots 12 ga?

I wouldn’t consider a 10mm to be a hand cannon. I wouldn’t even think that of my .44 magnum. These days it takes a pretty big gun to be a hand cannon, like the Smith & Wesson .500 magnum. I’d like to shoot one of those.

The evil in women’s hearts leaves them no moral bounds as to inhibit them from descending to the lowest levels of darkness to acquire their self entitled desires.

[Gravel PitParticipant]

Badger wrote:

What assets does bitcoin have? Scarcity? Gold, silver, and platinum are real useable assets and are scarce.

Gold, silver and platinum are hoarded and used to manipulate the price, just like any commodity. Unlike other commodities though, precious metals won’t be tripling their value anytime soon.

We’ll see what happens today (Jan 26th). The futures shorting ends at 3pm. All the people spreading FUD and trying to sell off BTC, in an effort to get it down to $8000, well, it hasn’t happened yet. BTC keeps bouncing high off of 10K.

I will be looking back to threads like this in about 8 weeks when BTC is over $20,000.

Again, I want to remind you guys, I was saying the exact same thing as you, about Bitcoin for years. You should know better by now but maybe you only now started to pay attention to it.

This whole latest craze about futures and shorting bitcoin, and BTC losing 40% of its value is nothing compared to it’s track record of continuously surviving and growing. There was a time when BTC lost 90% of its value in an 8 month stretch, yet it came back and is worth 10x.

All this (FUD Fear, Uncertainty, and Doubt) being spread around by MSM, bankers and wall streeters is evidence for the contrary, that BTC is passed all s~~~ tests for many years now and is persevering. Get ready for the future of crypto and blockchain. Crytpo is going to do to finance and money, what Redbox and Netflix did to cable and blockbuster.

Get ready to see BTC at $20K, $50K and more…..this is only the beginning. BTC is still a Bull Flag, still worth 5 times what is was last year in a huge pullback!

[Anonymous 54]

Think short term with latset new thing.
Get in, get out.

Made my rent!!! Hahah

[BadgerParticipant 2277]

Gravel Pit wrote:

Unlike other commodities though, precious metals won’t be tripling their value anytime soon.

How do you know that precious metals won’t double or triple anytime soon? I follow those markets, and many of the people who are experts in them like Stewart Thomason would not agree with your prediction. Asians, especially India and China, are slowly taking over the gold market, and they have a long history of revering gold. The Chinese also have put the kibosh on bitcoin.

The Chinese invented paper money centuries before the West ever thought of it. The Chinese realize that fiat money and cryptocurrencies are just as subject to manipulation, if not more so, than precious metals. The Opium War in China in the 1800s was started by the western nations because China demanded silver for their exports and the western nations could not pay up. The western nations forced China to accept opium instead of silver. Indians have the same long history of relying on precious metals. Those countries are getting wealthier by the day and they will determine the price of gold and probably also silver.

[Anonymous 54]

Metals are for long term.
A hedge against inflation.

When the realestate market crashes again, it will go up.

Sell half, buy cheap realestate.

Its cyclecle.

[BadgerParticipant 2277]

Adam Hamilton

Gold Upleg Breaking Out

January 26, 2018

“Impressively gold is doing all this with stock markets still at mania-blowoff record highs. Gold investment demand explodes once stock markets roll over, which is what ignited and fueled this gold bull’s strong initial upleg in early 2016. So when the long-overdue and inevitable material stock-market selling finally arrives, gold’s advance will really accelerate. Get long before this major bull-market breakout changes everything! ”

Full report free at the 321gold.com website. In the Archives section, Ron Rosen of Delta International shows a potential gold price rise far beyond a triple.

[Gravel PitParticipant]

Badger wrote:

The Chinese also have put the kibosh on bitcoin.

Promise of regulation, is that what you’re saying. I’m not sure what Kibosh meant. Crypto is headed for some regulation. It will be ambivalent.

As far as precious metals. If anything, I agree that they hold their value and even appreciate. I’m not against buying some gold or platinum….

We’re on the same page. Don’t discount crypto. That trash has been creeping up for years, smoldering and it’s caught a flame many times. They can’t put the fire out. And with it’s rocky entrance into futures trading, it has only gotten more popular.

There was never any bubble (not that you said that, someone else here was preaching that bulls~~~). Bitcoin corrected from 19K to 11K as long, long time holders cashed in some money to pay tax, buy x-mas gifts and celebrate the Chinese new year. Apparently this happens to BTC every January.

I’m not intimidated in the least by crypto naysayers, I was one. I watched and read for years, too shy to get into it when I should have. I just sat there talking s~~~. I was wrong. October and November proved a lot of people wrong.

I thought it was too difficult to understand and get involved. I was wrong. Anyway, there will be another rally up, just like the dozens in the past, and crypto will grow in market cap. I don’t even own BTC, I trade with it to get Alts. My long term delusions of wealth are in the Alts. They are like the fresh greyhounds compared to BTC, the old tired St. Bernard.

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