no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1. Deal?
I will add this bet on betsofbitcoin in the next 1-2 days
P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL. do we have a bet or not? I thought we agreed on option 1 |
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no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1. Deal?
I will add this bet on betsofbitcoin in the next 1-2 days
P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years. |
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no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
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another new short term update has been issued to subscribers
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so, smoothie.
why don't you propose your terms of the bet. I am confused with what you are saying.
how much do you want to put in?
what are the conditions?
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This is to continue the thread after the similar one got locked down. This is about speculation on Silver prices and discuss technical analysis and fundamentals. I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices. http://betsofbitco.in/item?id=1044Too bad we can only assume smoothie won't take the other side based on the hissy fit he threw right before he locked the other thread. "I'm right, you're wrong, and you're not allowed to respond. Also you're trying to back out, not me." Lol. smoothie takes trolling to levels never before seen: https://bitcointalk.org/index.php?topic=131984.msg1420130#msg1420130agree. itis fun to watch someone getting so agitated... I need to sleep and work sometime and that is why I cannot post one second after every smoothie question.. |
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perhaps we should run a contest for the best bitcoin related website and award the top 10. just an idea
or for the ugliest.  I am sure my old site would have won. the new one at least looks great on a smartphone: http://blockchained.com  +1 nice and simple |
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Such a big difference between paper and physical silver. Paper silver, yes... it will become worthless when the stock-market crashes. Physical silver @ $10 is laughable. If you are actually suggesting the physical silver will be at $10 US an oz, you are ignorant or just trolling.
not trolling. I like challenging bets. Silver may go down to 3-4 $ and I don't find it impossible to suggest that physical silver will be worth 2.5 - 3.3 x more during that time.
Anyway, I agree that it is borderline, but as I said, this is a challenging bet and I would not bet the farm on it.
And in any case, I am short Silver since the 34 $ area (as per subscriber newsletter) and will not mind it the crash stops above 10 $ even for paper silver. this will still be a trade of the century |
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perhaps we should run a contest for the best bitcoin related website and award the top 10. just an idea
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a new short term update has been issued to subscribers:
Bitcoin trading idea!
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This is to continue the thread after the similar one got locked down. This is about speculation on Silver prices and discuss technical analysis and fundamentals. I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices. http://betsofbitco.in/item?id=1044Too bad we can only assume smoothie won't take the other side based on the hissy fit he threw right before he locked the other thread. "I'm right, you're wrong, and you're not allowed to respond. Also you're trying to back out, not me." Lol.
Others are invite to join :-) |
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You probably shift bet deadline more far from event deadline - e.g. to summer 2016. Otherwise it is not intersting to bet. In Dec 2016 the result of this bet would be obvious.
aren't the odds different the closer it gets to the event deadline? but you may be right. I am not so familiar with this site.
Not even sure if I can change the bet deadline now any more? |
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This is to continue the thread after the similar one got locked down. This is about speculation on Silver prices and discuss technical analysis and fundamentals. I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices. http://betsofbitco.in/item?id=1044 |
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I am up for the bet, as long as we properly define the accurate way to obtain the physical silver price.
needs to be a sizeable market and not one seller at ebay
also , if the USD gets changed or defaults the bet is invalid
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I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016[/color]
Go ahead http://betsofbitco.in |
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short term update issued to subscribers
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Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.
lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.
I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016 |
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lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016
How would that be possible?? with all the fiat inflation that is going on right now (and likely never to stop)? I could, perhaps, imagine it going down at some point in the future, BUT 10 USD???!?? In today's $ ? Or 2016 $ ? (<- even less likely) this is bizarre! ?? |
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