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161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 07:44:39 PM
Yeah, it's kind of funny when some guy shows up bragging about his lambo and gold bars, when over half the people in this thread probably have a higher net worth.

I just find it ammusing how many bitcointards get triggered at any negative bitcoin comments.

People here need to realise its an investment and ditch the emotional almost religious extremist attachment to it.

They claim how bitcoin is so superior, decentralized bla bla bla but here we are over 20,500 pages of people obsessing with bitcoin based on fiat values.

Slight negative story in the media from the US, China etc. and bitcoin shits the bed.



Yeah and the silent ones like Loaded even more so.

Not only that, but if you check the guy's post history, it's clear he went like 99% all into gold around the 2015/2016 timeframe.

Bad move.

Don't get me wrong, I like and own some gold too. But I'm willing to bet that $600K of bitcoin will hit $2-3M worth WAY before $600K of his gold will. And in very short order.  Wink

I actually sold all my gold after the post Brexit vote gold price spike and paid off my current house.

Started stacking gold/silver again just over 12 months ago.

$600k of bitcoin @ $19k would now be worth $239k and that is the real danger of bitcoin, it can crash just as quick as it pumps

162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 07:01:07 PM
But the point I'm trying to make is, we don't give a shit what you own dude. Only you do. Which is probably why you don't have a friends. Or a girl. But I'm wondering if your ego actually can fit inside your house.

Roger Ver, is this one of your sock puppet accounts? Sure seems like it.

Married with a beautiful daughter thanks so all good.

Dont worry, still got plenty of love left your mamma  Tongue

Edit:

Just messing about - will now stop being a dick
 Grin
163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:44:44 PM
We don't need to read the charts to know when to buy the dip because Bittard shows up with diarrhea of the fingers every time!

And markj113 shows up to brag about the gold and lambos that he claims to own but can't prove it.  Roll Eyes

"When trolls on parade, buy the fucking dip."


164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:37:08 PM
I'm mostly a fan of simpler metals, like aluminum, steel and titanium. I need to see it formed into something, this calms my mind Smiley
It's a pleasure to talk to you, because you seem to understand the game. Even if our views on some things are different, it doesn't matter, because we are able to express ourselves in a respectful and constructive form.
I'm not proud of it, but I mostly come here to troll. Religious people have always brought out the troll in me, and I haven't found a better way to converse with them yet. From time to time, it's a pleasant surprise to see that you can actually express yourself as an human being and it will be understood.

Those metals are not great for stacking though as they are not value dense if you hold the physical metal.

Silver is bad enough but you can cram a lot of money in gold form into peli case Wink
165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:28:00 PM
for you retard:



dont get any ideas bob

$425, cheaper and more fun to get a few bottles of this to achieve the same result

166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:19:52 PM
Nice pieces, but aren't their historical value higher then the value of their gold content?

Yes but same principle applies to old gold sovereigns for example that are over a hundred years old but only worth bullion values.


Do you even listen to yourself?  Intrinsic value is based on the needs of society....  
How do you call the needs of a society "intrinsic" to a piece of gold?  
And then you call me confused...

I thought he made that clear - industrial uses.  There are also cultural uses such as wedding rings and other jewellery, dentistry etc.
167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:18:21 PM
May the new gold be as successful as the old one! Cool

Indian Jones -Raiders of the lost ark II just wouldn't be the same with a paper wallet instead of a gold idol now would it Smiley





168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 06:10:48 PM
Strawman much?
First off, I originally specifically said "Gold's monetary utility is also easily replaceable.", already taking into account that gold has other utility than just the monetary one.
Secondly, I was talking about the concept of intrinsic value in general.

Firstly, I said that bitcoin would be far worse to use as gold as an monetary asset, because it has no intrinsic value, and that creates more instability. Now when you are telling that intrinsic value doesn't exist, then you are either trolling me or just confused Smiley Intrinsic value is based on the important needs of society. Electronics is a very important need in today's society. Telling that intrinsic value of gold is bullshit, is saying that we could very well live without electronics. Yeah you could. There are plenty of people living like that in PNG, go visit them and see how well their economy is doing Smiley

Please don't try to provoke needless arguments with me. While talking with markj113, I really felt good that I'm talking to someone who isn't a religious fiend. Please don't ruin this experience for me Sad Bad intentions bring out the worse in me Sad

This shows the power of gold as a monetary asset.

This is my Double gold Doubloon from Spain's King Phillip II's rein in the 1500's.

It still has purchase power 500 years later due the gold content.



169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 05:14:17 PM
Gold has no future because of the upcoming power abundance. Right now it is extremely inefficient to make gold which can be done but to produce 1 gram it would cost you a million dollars so digging it up is far more economical.
Bitcoin is limited does not matter how much free, very cheap power you have you cant produce more only push up the hash-rate to astronomical levels. Free or extremely cheap power you still need a unit of measurement to contact business. And the other thing prof of stake or any of the other stuff the carpet is ripped right out under there feed if power or environment is not an issue.
Trust me its on the way and or in place.

Your so full of shit.

By your own figures (which are inaccurate) power costs would have to reduce 99.96% just to break even on buying a mined, fully refined 1g gold.

And that doesnt even include the building and running costs of the new power plants then the nuclear reactors or particle accelerators required to produce the tiny amounts of gold.
170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 04:14:12 PM
My respects to anyone whose work is about creating real value and developing the economy. Then you must also see this (crypto) as a fun game and not take things overly serious Smiley

Goes against the grain here but I have always said for me personally I use crypto for short term gains then plough the profits into gold for the mid to long term.

In the future I see crypto being banned with state issued and controlled crypto being the legal alternative.

Most will disagree but no one has a crytal ball and time will tell.
171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 04:01:31 PM
May I ask in what field do you work in?

I am a national project management lead for a very big UK company.
172  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: May 24, 2018, 03:58:57 PM
Higher oil prices will lead to increased electricity costs hitting the miners a little harder.
173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 03:56:31 PM
I bet you feel proud Wink

Yep 2 years worth of hard work + a little luck trading.
174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 03:53:14 PM
Bitcoin is the original shitcoin Smiley The whole crypto game is just one big bubble, with very little practical value created and mostly held up by high hopes and ignorance. I didn't get caught in the BS sales pitches with BTC when I played it, and I still don't do it with new alternatives. Just ride the waves of hype and have fun while playing it is my moto. Believing any of this is for people who invest in buying lambos Tongue

Yep, here's my investment alongside more precious metals than scrooge mcduck Smiley

175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 03:34:19 PM
BTC is ruining everything Sad even old people are beginning to feel that there could be more to crypto then greed and greater fools. Luckily, we still have slow people and people who aren't retarded enough that their intellectual disabilities won't keep them from operating a computer. I hope that they will take on more loans to keep BTC price afloat so that EOS can keep doing it's 2018 thing. *keeps fingers crossed*

If EOS cant stand on its own feet without bitcoin holding its hand perhaps its just another shitcoin?
176  Economy / Economics / DOJ launching a criminal probe into BTC price manipulation on: May 24, 2018, 11:43:42 AM
DOJ launching a criminal probe into BTC price manipulation.

Looks like we'll soon find out if the whales are artificially pumping the price

https://www.zerohedge.com/news/2018-05-24/doj-launches-criminal-probe-bitcoin-market-manipulation
177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2018, 11:43:21 AM
DOJ launching a criminal probe into BTC price manipulation.

Looks like we'll soon find out if the whales are artificially pumping the price

https://www.zerohedge.com/news/2018-05-24/doj-launches-criminal-probe-bitcoin-market-manipulation

Seems there is a constant attack on BTC that is ramping up, looks like the powers above have decide enough is enough.
178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2018, 08:57:06 PM
Ultimate bag holder

179  Economy / Goods / Re: WTS genuine Omega seamaster planet ocean watch cheap on: May 23, 2018, 08:40:34 PM
There is a quartz version of the Seamaster (have a manual speedmaster pro moonwatch myself)

Not that I trust the OP until decent pics are posted and Escrow use is established (which I presume he will refuse as he 'needs it sold fast')



Not in the Planet Ocean lineup though, unless it's a really new addition.

I stand corrected.

The seamaster is available in quart but the planet ocean variant is not (unless its a replica)
180  Economy / Goods / Re: WTS genuine Omega seamaster planet ocean watch cheap on: May 23, 2018, 06:33:36 PM
There is a quartz version of the Seamaster (have a manual speedmaster pro moonwatch myself)

Not that I trust the OP until decent pics are posted and Escrow use is established (which I presume he will refuse as he 'needs it sold fast')

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