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2141  Economy / Economics / Re: America's new debt ceiling - $19,600,000,000,000 on: November 17, 2015, 01:36:16 PM
The will lift this to $20,000,000,000,000 or $21,000,000,000,000 very quick as usual.

A lot of noise but there will be no impact. This is now going on since some years and there was no effect at all (despite higher debt levels of course)

Until a few of the lenders want payment.

The current situation cannot carry on indefinitely and sooner or later the house of cards will fall.

Like china ?  They do hold alot of US debt, and if they demand payment and US cant pay, it will put extra tensions between them. They already have big tensions between them.

But the normal bond investor will definitely be wiped out (so pensions, savings accounts, and other low risk investments will be wiped out)

And China will care because?

China has an ambition to to kill off the US petrol dollar/reserve currency and replace it with their own.

They are accululating tonnes of gold every month with the possibility of launching a gold back currency, like every reserve currency before the dollar sooner or later the US's turn will come to end.


2142  Economy / Economics / Re: America's new debt ceiling - $19,600,000,000,000 on: November 17, 2015, 01:31:58 PM
The will lift this to $20,000,000,000,000 or $21,000,000,000,000 very quick as usual.

A lot of noise but there will be no impact. This is now going on since some years and there was no effect at all (despite higher debt levels of course)

Until a few of the lenders want payment.

The current situation cannot carry on indefinitely and sooner or later the house of cards will fall.

Expect bank accounts, any investments and pension to be wiped out.

Dont keep large sums of money in banks, hold cash, precious metals, bitcoin etc.
2143  Economy / Goods / Re: Hand made Welsh Busy Bee scented candles (Better than Yankee Candles) on: November 16, 2015, 04:50:16 PM
Received my order today, these will be gifts so I havent burnt them but just opening them.... WOW! They are pretty strong, I think they will be very well liked by the recipients.

 Grin Cool

Happy they arrived safe and sound.  Shipping did not take too long from the UK to US too Smiley
2144  Economy / Economics / Re: What if US Dollar Crashes? on: November 15, 2015, 07:29:14 PM
If the dollar will crash it will make a big impact on the whole world

A lot of currencies are depending on the dollar

The impact will be entirely positive.  NO currencies depend on the dollar.  How could a currency depend on the dollar??  That makes no sense at all.

Country like Japan actually borrows money to develop their country and so on..

Is there some logic hidden here?  I don't see it.  Some guys in Japan hats borrow something (bitcoin, rice, dollars, yen, whatever you had in mind) and pay for construction or something.  How does this relate to the totally wrong statement that "The yen depends on the dollar"?  Maybe I need one or the other, they function entirely independently.  Burn one, you'll see: the other...  still exists! 



The Yen currency is pegged to the dollar.

Also the Yen has now officially become a reserve currency Smiley

http://www.zerohedge.com/news/2015-11-15/imf-greenlights-addition-chinese-yuan-sdr-basket-wall-street-responds
2145  Economy / Economics / Re: Bitcoin or gold? on: November 13, 2015, 07:29:03 PM

Confiscated by who?

Who knows who does and doesnt have gold?

How do they know if you havent previously sold it on?

The confiscation statement is bullshit, even the US's confiscation period was a failure with only a tiny % handed in.

Here is a flip side argument.

There is a case detailed on this forum where a guys house was raided by the feds and he was forced to hand over his wallet passwords.

I bet its far easier for them to trace via I.P addresses who has bitcoin than it is to find out who holds gold.



That was like 100 years ago. Now they got tons of info on every person, including buy & sale data from gold vendors from their KYC info.

They dont know how much gold you have excactly but they know that if you have, and when they ask for it and you dont hand it over, they will come for you.

Plus back then people were liberty oriented so they didnt handed it over, but now they are all socialists who dont even know what gold is.

Not in the UK,  no data is collected unless you spend over £5000 in 1 transaction or over £10,000 in one year per bullion dealer.

I presume you live in the "land of free"  Shocked

+ why would they go through all the hassle of chasing people spread out through country that may or may not have an amount of gold when the laws are already in place to freeze and apply a haircut to their bank balance.  All done with a few key strokes, lower cost + much higher return.

2146  Economy / Economics / Re: Bitcoin or gold? on: November 13, 2015, 05:01:09 PM

Except that most of the cheap and easy to access gold has already been mined.

Energy prices will continue to increase (ignoring the current short term blip) resulting in increased mining costs.

Growing populations such as India and now China (after they just removed their 1 child policy) with a cultural draw to gold.

A world economy on the brink of going tits up which result in a flight to safety - Gold.

Bitcoin could be big in 10 years or kids could be asking "what's a bitcoin" as its dead as a dodo.


And how safe is to store your gold in a hostile enviroment? It can be confiscated anytime.

Plus scarcity =/= demand. There are a limited amount of flies on earth too, that doesn't mean that they hold any value to humans.


Confiscated by who?

Who knows who does and doesnt have gold?

How do they know if you havent previously sold it on?

The confiscation statement is bullshit, even the US's confiscation period was a failure with only a tiny % handed in.

Here is a flip side argument.

There is a case detailed on this forum where a guys house was raided by the feds and he was forced to hand over his wallet passwords.

I bet its far easier for them to trace via I.P addresses who has bitcoin than it is to find out who holds gold.

2147  Economy / Goods / Re: Hand made Welsh Busy Bee scented candles (Better than Yankee Candles) on: November 13, 2015, 02:44:18 PM
Autumn & Christmas 12 pot gift packs sold
Best sellers 8 pot gift packs sold
Best sellers 4 pot gift packs sold
4 pot Christmas gift pack sold


Items remaining :

Sweet shop style Magic Beanz jars (1 of each type - floral bliss, fabulously fruity, spice&herb)
4 pot Autumn gift packs (1 left
8 pot Autumn & Christmas gift packs ( 1 of each type)
2148  Economy / Economics / Re: Bitcoin or gold? on: November 13, 2015, 12:50:41 PM
i'll go for bitcoin definitely 'cause i can see bitcoin on mainstream in the next 10 years. also i can a see a better future with bitcoin than with gold

Yep good logic.

You could see a bigger bitcoin with more users in 10 years.

But you cant see a bigger userbase for gold in 10 years.

Why?

Because bitcoin can add new value to itself as time goes on and more merchants and payment options roll out.

Gold will be the same old metal always, and nothing new can be added to it.

Except that most of the cheap and easy to access gold has already been mined.

Energy prices will continue to increase (ignoring the current short term blip) resulting in increased mining costs.

Growing populations such as India and now China (after they just removed their 1 child policy) with a cultural draw to gold.

A world economy on the brink of going tits up which result in a flight to safety - Gold.

Bitcoin could be big in 10 years or kids could be asking "what's a bitcoin" as its dead as a dodo.

2149  Economy / Scam Accusations / Re: Waldohoover (aka coiningsolutions.com / DidHeJust ) stole 16.64122524 btc on: November 11, 2015, 10:20:41 PM
waldohoover has been back online today.

Had several notifications of my old posts being deleted, after a little research it turns out it was from a waldohoover KNC group buy.

Looks like he's back and try to erase all his post history.
2150  Economy / Economics / Re: Bitcoin or gold? on: November 11, 2015, 04:25:27 PM
Gold has intrinsic value. All other currencies depend on belief of the users. A Bitcoin has no real value. It's worth is 0. It's nothing but text on a computer.
Bitcoin is valuable because people believe it has value.
So gold hands down.

Now you've done it, the bitcoin mafia will hunt you down for that statement  Grin

2151  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 10, 2015, 07:19:39 PM
To protect against any economic crash the best option would be to Hold bith gold and Bitcoin. At least I'm trying to hold a little bit of both.

Gold is not the only option to protect yourself from a market crash. There is platinum, silver, and other bullion metals. Then there is real estate (apartments, villas, farmland, ranches.etc). Another option is treasury bonds, with fixed interest rate. And finally, you can add Bitcoin as one of the options, although right now it is a bit too volatile for that. 

Platinum is classed as an industrial metal mostly used in catalytic converters, if the market crashes car sales will slump bring down platinum price.

You also have to consider liquidity which metals like rhodium etc. suffer from.

Gold/silver are highly liquid and can be bought in small quantities so a cheap entry point.

Real estate etc. is a good bet but entry price is very high.

Treasury bond - personally I don't trust the government/banks with my money, especially in large amounts.

Bitcoin has great potential but still highly volatile and I wouldn't bet my retirement fund on it.


2152  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Buying up to 200k Ethereum on: November 10, 2015, 04:22:36 PM
markj113--- User uses two names and two accounts, trying to use his status Legendary, to collect fat in this deal, when I discovered it, he started me called out, beware of these people, the user wants to retire with 450 BTC. And what now Smiley

All my "legendary" status has done in this thread is leave 2 scammers a negative feedback.

Check my feedback, you arent the first and wont be the last.

Deal with it, get over it and do what the other scammers do.  Crawl back under your rock for a while then start a new account to try and scam again.
2153  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Buying up to 200k Ethereum on: November 10, 2015, 03:40:12 PM
p.s you seem to have plenty of time to leave me neg feedback but not enough time to post a signed message from your bitcoin address holding those hundreds of bitcoin you claim to have.

As stated previously, nothing personal just warning others of suspicious activity Provide some evidence you hold the funds and not just trying to pull off a big scam and ill remove my neg immediately.

EDIT :

I have now caught providers36 editing pm's received and forwarding on false evidence to me trying to incriminate claystatoin4 and getting me to remove the negative feedback left.

EDIT :

Angry response received via pm, scammers never like getting caught out do they  Cheesy

You can kill yourself monkey , you are play double scamming game IDIOT ,GET LOST ,yours reputation will be 0 because you trying to scam trusted people , FAKE LEGENDARY boy . Get lost ,this is not yours private forum
2154  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Buying up to 200k Ethereum on: November 10, 2015, 08:24:32 AM
Looks like a scammer trying to scam scammer  Roll Eyes

Neg'd both accounts just to warn others as there is a lot of money involved (this wont harm any escrow trade)

providers36 as soon as you sign your bitcoin address showing a balance large enough to cover the amount of Ethereum you requested ill remove the neg.
2155  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 08, 2015, 01:15:52 PM
BTC for life my interner-unknowen-friend! Smiley
Difference - BTC is not that heavy as gold lolzzz..

try converting your total bitcoin held in to cash and see how much gold that is.

I bet you wouldn't find it difficulty to pick up lol
2156  Economy / Economics / Re: Why gold price going down? on: November 07, 2015, 10:00:01 AM
there is the possibility of many gold holders, to dump their stash and go with bitcoin, when the price increase, it's always like that everyone want to ride the current wave

it work the same evne between altcoin

I would disagree, people buy gold for safety and I wouldnt class bitcoin as a safe, stable investment.

Its more like a penny stock, high volatility with the potential to make or loose a lot.
2157  Economy / Collectibles / Re: [WTS] Gold 1oz Maple Leafs Under Spot on: November 06, 2015, 10:17:20 PM
Up for trades for physical bitcoins? I want one of those maples but I want it graded and with coas so I know I'm know buying fakes.

graded coins are faked too and certs are just a piece of paper.

Safest method would be escrow then get the coin XRF checked at a dealer/jeweller.
2158  Economy / Goods / Re: Hand made Welsh Busy Bee scented candles (Better than Yankee Candles) on: November 03, 2015, 09:07:08 PM
Autumn & Christmas 12 pot gift packs sold
Best sellers 8 pot gift packs sold
Best sellers 4 pot gift packs sold


Items remaining :

Sweet shop style Magic Beanz jars (1 of each type - floral bliss, fabulously fruity, spice&herb)
4 pot Autumn & Christmas gift packs (1 of each type)
8 pot Autumn & Christmas gift packs ( 1 of each type)
2159  Economy / Goods / Re: Hand made Welsh Busy Bee scented candles (Better than Yankee Candles) on: November 03, 2015, 01:27:55 PM
All Christmas calendars are now sold.

Other items still available.
2160  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 03, 2015, 12:36:24 PM
Worth spending 5 mins of your life watching -

http://www.youtube.com/watch?v=sLcNy-MyME4
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