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1861  Economy / Economics / Re: Bitcoin or gold? on: February 23, 2016, 08:16:51 PM
If you look at the big picture for bitcoin the price went from nothing to parabolic gains at the end of 2013.

Since the end of 2013 Bitcoin has been on a downward trend through to the beginning for 2016 where it has shown a slight rise.

Time will tell if this price rise holds, we will see an increase on the halving but how much of this is based on hype and will the gains fall away shortly after?

Time will tell, the thing that worries me is that the only thing people are counting on for a price rise is a halving of block size.  Bitcoin seems to have stagnated, no new killer apps, no mass adoption, no new big players jumping on board.

1862  Economy / Economics / Re: Forget Grexit. BREXIT is the Bigger Threat to Europe. on: February 23, 2016, 07:54:10 PM
The Brexit is very unlikely. The British are generally not in favor of changing the status quo. So I assume that most of the people who give out their opinion as "Undecided" in the opinion poll will vote against Brexit during the referendum. However, if the Brexit actually occurs, then it will negatively affect the EU in a big way.

The Brexit is just a bargain. Now UK got what it wants, so there will be no exit in reality.

Exactly!

It's impossible for UK to leave EU, it would destroy them. 80% of their international transactions go through Europe, leaving EU would mean paying 10% tax on EVERYTHING xD

Taxes work both ways, what about if we slap a tax on french wine, champagne, cheese etc.

I take it you couldnt understand this chart -



Plus we pay in billions more than we get back.

What happens if your politicians piss of the UK public by making things difficult for us and we boycott spain, greece, germany etc. for summer holidays.  How much of your economy is based on tourism.

Dont forget the UK was doing just fine before the EU existed and will continue to do well after it dies  The only fuckers that want the EU to continue are the Euro MP's and the Eastern Europens that come begging for hand outs that we pay for.
1863  Economy / Economics / Re: Bitcoin or gold? on: February 23, 2016, 07:17:46 PM
Also you are asking for a 10 years time. For ten years time Gold is more of a safer investment.
But for Short term then bitcoins best.

On what basis are you comparing Gold to BTC and saying BTC won't be a good long term investment against Gold after ten years???
BTC has risen up from less than a cent to where it is currently, just think about the % of profit people would have made who purchased them before...
Gold is loosing its shine these days...

Yep really loosing its shine lol, up we go again.



Gold is at the start of another bull run, with the current global economic situation inc. ZIRP and NIRP gold could fly.
1864  Economy / Economics / Re: Forget Grexit. BREXIT is the Bigger Threat to Europe. on: February 23, 2016, 06:36:50 PM
Ahah! You're wrong about immigration being uncontrolled.

It's if you leave the EU that you'll get that, then France will have absolutely no obligation to keep migrants inside its borders Wink

Not a huge problem for the UK, we are an island after all.

Just have the navy sink a few boats smuggling people across to send a message, problem solved.
1865  Economy / Economics / Re: Forget Grexit. BREXIT is the Bigger Threat to Europe. on: February 23, 2016, 01:42:36 PM
Everyone I speak to wants out of Europe, me included.

Why would you want to stay, look at the data -









Plus as a bonus we are getting uncontrolled immigration putting excessive strain on the NHS, Benefits and education system.  Too many takers and not enough contributors.
1866  Economy / Economics / Re: Bitcoin or gold? on: February 23, 2016, 01:31:26 PM
Without any doubt, bitcoin will be my selection. Today the gold price has reduced a lot. But most people select gold just because of its universal acceptance as well as the most economy run in accordance with gold.

I think you'll find bitcoin has dropped a lot further from its all time high than gold.

Bitcoin is currently at 34% of its all time high.
Gold is currently at 65% of its all time high.
1867  Economy / Currency exchange / Re: Selling Btc for PayPal on: February 21, 2016, 04:46:19 PM
Please post a signed message from the address holding the bitcoin.

My first impression is your another newbie scammer want to be using the old "you send first because you are protected with paypal" crap.

You seem to be online but have lost the ability to use a keyboard it seems?

Or more likely you have no bitcoin so cannot sign a message from the address holding it.
1868  Economy / Currency exchange / Re: Selling Btc for PayPal on: February 21, 2016, 04:24:48 PM
Please post a signed message from the address holding the bitcoin.

My first impression is your another newbie scammer want to be using the old "you send first because you are protected with paypal" crap.
1869  Economy / Scam Accusations / Re: Scammed by wayniac30 on: February 21, 2016, 02:08:49 PM
he's online right now but no response to this thread after I pm'd him.

He has also been trying to buy bitcoin with paypal -

I need $150 BTC, paying with Paypal... PM me details and how much i have to pay pls.

No doubt that will end in a chargeback too.
1870  Economy / Currency exchange / Re: 0.5 BTC FOR POKERSTARS on: February 21, 2016, 01:52:51 PM
Hope you guys are going to use Escrow or this will end in tears
1871  Economy / Scam Accusations / Re: Scammed by wayniac30 on: February 21, 2016, 12:37:09 PM
Looks like he is about to throw away a senior account for 0.35BTC
1872  Economy / Currency exchange / Re: 0.35683911 BTC for sale for western union $150!!! on: February 21, 2016, 11:54:26 AM
0.35683911 Left got scammed out of the other half
I offered to buy the lot + escrow if you didn't feel safe and you never responded...I guess that's your own fault.
0.35683911 Left got scammed out of the other half

Who scammed you and how?
1873  Economy / Currency exchange / Re: WTS BITCOINS! JUST PURCHASE ME A TOP UP CARD USING UR PAYPAL/CC, ANONYMOUS! on: February 21, 2016, 09:26:12 AM
Who were you selling to?
1874  Economy / Currency exchange / Re: selling 1.0 bitcoin for $220 on: February 20, 2016, 10:14:17 PM
Not gonna work.

In before the raging starts.

Smiley  but they still keep on trying.



1875  Economy / Currency exchange / Re: WTS BITCOINS! JUST PURCHASE ME A TOP UP CARD USING UR PAYPAL/CC, ANONYMOUS! on: February 20, 2016, 06:39:03 PM
Changed my feedback to neutral, you now only have 2 neutrals warning others to trade carefully and use Escrow.  I will remove my feedback after you have completed a few transactions and proved yourself not to be a scammer.

Without Escrow you will be lucky to do any trades at all with no feedback or trading history.  

If you mention you will use escrow then someone pm's you for a trading asking to use Escrow and you refuse it doesnt look good.

You may be new here but we arent and most people that join the forum and try and scam usually tick the same warning boxes and you have ticked a few so far.  Scammers always follow the same pattern on a daily basis here.
1876  Economy / Currency exchange / Re: WTS BITCOINS! JUST PURCHASE ME A TOP UP CARD USING UR PAYPAL/CC, ANONYMOUS! on: February 20, 2016, 05:20:41 PM
looks like the OP knew all about Escrow in his other sales thread too -

https://bitcointalk.org/index.php?topic=1370306.0

Base on what assumption do I belong to your little category of being a scammer?
This dude above me basically cry 'scammer' on me after he wants me to send $200 BTC to him first when I was replying about doing escrow instead.

For God's sake, I was replying but I had to wait 360 second before I could hit send. And there you go feeling mad because I 'ignored' your PM.

You're Requesting $200 BTCs from me first and sounded so all high and mighty about you being a better person. What makes you think you're special and superior than me that you have to control the whole situation about who goes first?

 I bet you hate what you are reading right now and you're probably boiling in flames (over nothing) but you started this baseless nonsense.
Scram away.... urm, what do I call you, ok.... Scammer. Smiley


Op is defo showing some suspicious activity.
1877  Economy / Economics / Re: Today & Tonight, Gold is Getting KILLED on: February 20, 2016, 05:04:06 PM
This Statement is just to give a overview of the growing bitcoin market over the gold market.
Soon most of the gold investors would get into the bitcoin community.

And you base that statement on what facts or data?

From personal experience on several precious metal forums most stackers consider bitcoin to be a giant ponzi scheme.
1878  Other / Meta / Re: Frequent Bad gateway errors on: February 20, 2016, 03:51:46 PM
same problem here.

Edit :
seems to be settling down a bit now
1879  Economy / Speculation / Re: BTC to 5000$ soon on: February 20, 2016, 03:34:50 PM
We have seen the surge in the gold's market cap lately. This is just the beginning, the first cracks in the current financial paradigm. The problem with gold is that it is physical and thus poses a psychological problem to mainstream investors when it becomes scarce due to extreme demand. The investors will see that they could physically only acquire a miserable and pathetic looking amount of gold (as it has become "too expensive") so they will run into silver. But silver too, has the same intrinsic problem.

So far, bitcoin's deception has lied in the fact that we are presented the idea that one bitcoin is divisible up to 8 decimal places which gives the false image of a bitcoin being a floating point number. In reality block rewards are represented by unsigned integers. Thus instead of 1 bitcoin one has 100 000 000 satoshis. To break the psychological barrier of 1 bitcoin costing too much we should just switch to satoshis. The latter will be plausible when BTC rises in value.

The market cap of gold is $7,252,708,420,909.
The market cap of bitcoin is $ 6,549,170,380 (0.082% of gold's).

I can say that gold is already psychologically too expensive for an average Joe on the street. Imagine when it grows 5x as it has done previously during financial collapses. Owning a gram of gold doesn't make you feel good about it, it feels sad as it is just a tiny speck. So, naturally, other stores of value will gain popularity. If bitcoin was only 1% of gold's market cap, it would already cost more than 5000$ per BTC. If 1 bitcoin costed 5k, then 1 satoshi would be 0.00005$. The world's least valuable currency Iranian Rial trades at 0.00004$ . So after 5k $ bitcoins it would be nothing new to this world to have satoshis for the main units to represent the value of your bitcoins. The world has already seen such a situation in Iran.

Daily recommended minimum amount of money for food per person is 10.72 $. With 5000$ BTC, a daily meal would then cost 214400 satoshis. Let's be honest, 200 000 is not that big of a number any more to be uncomfortable to use in daily basis. This is also the reason why poor countries could adopt bitcoin more easily. They are already used to making transactions of such order of magnitude in their currency units.

The whole point of gold is that it is a super condensed store of wealth that doesnt tarnish, rust corrode etc.

Why own and try and store 77kg of silver when 1kg gold does the same job.

I started off buying silver but now 99% in gold.

Holding a physical form of investment in your hand will be ressuring after an economic collapse after all those digital numbers on a screen become worthless.  Bitcoin will look like just another set of make believe digits on a screen.
1880  Economy / Scam Accusations / Re: Need help 3.5 btc scam on: February 20, 2016, 03:08:38 PM
This wasnt a scam for 3.5 bitcoin.

You practically gave it away.
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