Anybody think gold will ever hit its all time high again. Charts look like twins
idk gold was pricing in a zombie apocalypse... honestly expect gold to lose a lot of its speculative value to bitcoin in the coming years. silver is a far better choice for long term value store, for many reasons. but i expect both this things to perform horribly for a little while longer looking for 12$ silver! I've always been more partial to exotic metals like Palladium for some reason Not sure why people like Gold so much besides the gold standard Silver I see the utility of in components BTC the Digital version I like silver a lot! It has all the right properties for use as money, even if in this modern age it is pretty clear it will never be used as money, still nice to have. It has many industrial uses, some of which are in growth like solar panels. It gets you a lot of metal hoard for your buck, some poeple like gold because they can store a lot of value in a small space, but i ain't rich, i'd end up with 1 or 2 1oz gold coin if i invested in gold...thats no fun... Its shinny as fuck. I have a few little silver coins myself, and i love'm but the price isn't right, it makes more sense for me to make a lump sum on my house and save on interest. historically PM's don't even keep up with inflation, sure they seem to have a bit of a bubble every now and then and catch up all the inflation thats been happening, but ya... its a safe investment in a lot of way, can never go to 0, plus all the good things listed above. but safe investment isn't really an investment at all... no risk no reward. its just nice to have... We all like Shiny Things that is the basis of society from time immemorial don't worry your not alone (precious fiat coin collection) (Lol in a simple form of the term) http://www.fastcodesign.com/3024766/evidence/an-evolutionary-theory-for-why-you-love-glossy-thingsAs an investment whatever I can use if society collapses is probally what I would consider the best investment to be honest. Absolute value (Food) (A bunch of Honey then the rest ^_^ not only delicious but liquid) http://offgridsurvival.com/survivalfood/(Bomb Shelter or Bunker assuming shit really hit the fan and an underground reservoir of water to access) Or we can squeeze it out of rocks ... http://www.pbs.org/wgbh/nova/next/earth/huge-underground-reservoir-holds-three-times-much-water-earths-oceans/(Silver for my Electronic components assuming I put some manufacturing items in the bomb shelter to make stuff its malleable for silverware) Oh and some Silicon for solar panels The rest of the stuff assuming their is still barter could be acquried using the above. About 20g of silver is used in every crystalline solar photovoltaic panel made so good point http://www.ibtimes.com/silver-could-see-slow-upside-solar-panels-amid-chinese-war-pollution-1561163 So maybe its an investment in the future not immediate short but gradual long term stuff. society isnt about to collapses tho... its good to be prepared, 72 hour kit is a must, shit happens, flood, tornado, solar fairs, aliens, wtv. but a Bomb shelter... really? you want to live in a world where you need a Bomb shelter, no more hookers and blow, no more internet!? i'd rather die  |
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what would the price of gold have to be to make it economical to get it out of sea water?
never gana happen... if you double slivers price, suddenly everyone goes in there dusty attics and pull out their silver coin collection from 2011 and sells it! I wasn't askin if it could happen, i was wondering what price it would have to be to make it ecomical. $10,000 per oz? $20,000 per oz? there must be a point where it's worthwhile well they pulled out all kinds of silver from that shipwreck not long ago, they sold that silver for spot... https://silvergoldbull.com/sunshine-minting/1-oz-s-s-gairsoppa-shipwreck-silver-round |
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what would the price of gold have to be to make it economical to get it out of sea water?
never gana happen... if you double slivers price, suddenly everyone goes in there dusty attics and pull out their silver coin collection from 2011 and sells it! |
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Anybody think gold will ever hit its all time high again. Charts look like twins
idk gold was pricing in a zombie apocalypse... honestly expect gold to lose a lot of its speculative value to bitcoin in the coming years. silver is a far better choice for long term value store, for many reasons. but i expect both this things to perform horribly for a little while longer looking for 12$ silver! I've always been more partial to exotic metals like Palladium for some reason Not sure why people like Gold so much besides the gold standard Silver I see the utility of in components BTC the Digital version I like silver a lot! It has all the right properties for use as money, even if in this modern age it is pretty clear it will never be used as money, still nice to have. It has many industrial uses, some of which are in growth like solar panels. It gets you a lot of metal hoard for your buck, some poeple like gold because they can store a lot of value in a small space, but i ain't rich, i'd end up with 1 or 2 1oz gold coin if i invested in gold...thats no fun... Its shinny as fuck. I have a few little silver coins myself, and i love'm but the price isn't right, it makes more sense for me to make a lump sum on my house and save on interest. historically PM's don't even keep up with inflation, sure they seem to have a bit of a bubble every now and then and catch up all the inflation thats been happening, but ya... its a safe investment in a lot of way, can never go to 0, plus all the good things listed above. but safe investment isn't really an investment at all... no risk no reward. its just nice to have... |
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Anybody think gold will ever hit its all time high again. Charts look like twins
idk gold was pricing in a zombie apocalypse... I haven't mined in 2 years with the exception of some prospecting. I will not be mining unless we get some huge deflation or the price of gold increases 30%. I do not see the price of labour decreasing so I'm left with the only option of a higher gold price or very low diesel price, ie $1.50. My gold will be staying safely in the ground for the time being. dude is LITERALLY sitting on a gold mine that is pretty fucking cool |
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Anybody think gold will ever hit its all time high again. Charts look like twins
idk gold was pricing in a zombie apocalypse... honestly expect gold to lose a lot of its speculative value to bitcoin in the coming years. silver is a far better choice for long term value store, for many reasons. but i expect both this things to perform horribly for a little while longer looking for 12$ silver! |
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398 . ButIDidntCoverMyShortsYet!  Without daytraders, I'd have to buy all my Bitcoin from miners or offer exorbitant prices to "hodlers" (sic). Thank you for the liquidity.   |
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398 . ButIDidntCoverMyShortsYet! |
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Buydl : the act of buying bitcoin with intentions of hodling it for eternity.
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Everyone ready for today's pump and dump? Remember, don't be that guy who buys at the top.
Sold at 400 in the morning. Now just sitting tight and praying that they panic and start selling off. 350 would be nice, though I will happily take 360 (Btc-e) don't push your luck, cover in the high 380's and target 420 for your next short. |
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Where is the volume?
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OMG its crashing everyone panic!panic!panic! panic NOWWW!!!!!!!
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Probably going to pull back a little bit here... not to worry though.
my ammo is ready and willing. |
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ok i'm calling it now, 3666 in 180 business days  yuan or usd? Yuan is bearish, usd is delusional.  in bitcoin, delusional is typical |
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ok i'm calling it now, 3666 in 180 business days yuan or usd? mother-fucking-dollars! |
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ok i'm calling it now, 3666 in 180 business days |
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I agree that "Maths and Science" sometimes get thrown around like magical solutions by some pro-bitcoin people.
But ask yourself this:
How easy is it to change the money emission scheme for a central bank?
How easy is it to change the money emission scheme for the bitcoin network?
To come up with some other buzzwords: it's the combination of decentralisation, personal incentives and the enabling technology that makes bitcoin tick.
Which why it is going to be very interesting watching the emerging govcoins (Ecuador, Philippines). Because, if their coins languish in the alts, or are attacked and burned, then it will be obvious to everyone that riding the Bitcoin train is the only way to go. all they are really doing, is glorified online banking. an entry in their database is only worth something because the good poeple of Ecuador were told it was worth something. no government is going to have the BALLS it takes to limit their money supply. but no matter we are doing it for them  |
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support's looking GR8!
looks like we will be moving HIGHER!
Let's hope so. It usually doesn´t take more than 2 hours for a massive drop to appear when Adam writes such things. lol, its true. i'll STFU now. |
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