molecular (OP)
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August 15, 2012, 11:27:33 PM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ?
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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smoothie
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August 15, 2012, 11:53:53 PM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them!
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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molecular (OP)
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August 16, 2012, 12:03:27 AM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference . The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less.
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 16, 2012, 12:06:02 AM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference . The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights.
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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molecular (OP)
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August 16, 2012, 12:17:28 AM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference . The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights. that's the battle, right there of course it's an honor to be answered by you. Surely, the NAMES market each other on their channels... that's how it works. Doesn't mean their "tight", though. How to get Morgan or any of these guys (visionvictory comes to mind additionally) to come to the conference?
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 16, 2012, 12:19:36 AM |
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David Morgan, the silver guru. hasn't he heard of bitcoin yet? http://www.youtube.com/watch?v=s7PSwVo7OW8and the thing about these markets [gold/silver], and all markets is that people tend to follow the herd. Once silver gets above 30, 32, people that could've bought around 26 and change or 27 or 28 or 29, they'll be anxious to buy at 32, but they could've or should've or might've bought at lower prices. But once the momentum starts to build, it starts to accellerate. And that's the way this market moves and most markets move. Silver [bitcoin?] seems to behave particularly in this manner, because it's such a small market and it's got such a small following for such a small amount of people that do follow the market.
does this sound like bitcoin to you? gold -> silver -> bitcoin ? +1... All the big names like Gerald Celente, Mike Maloney, Alex Jones, etc....are all not aware of bitcoin 100% completely. I know AJ is a little. Max Keiser can talk to them all for us....he is tight with them! I'm especially delighted to receive a first-single-post from you, smoothie "he is tight with them" <- really? If so: I'll talk to Max a bit at the conference . The big metal names are going to jump on the bandwagon soon enough (couple more years) and it will be a fun ride for sure. One early out-break: brotherjohnf (search for him on youtube, about every 2nd vid of him (silver report) mentions bitcoin, mostly as capital-control-evasion-scheme for now). This guy is a NAME in the metals crowd and I think these guys can only gain from embracing bitcoin. It will probably be sort-of a battle, but I couldn't care less. Oh yeah? I didn't realize it was an honor to get a post from me hehe. Yes Max Keiser has been on Alex Jone's Show, Mike Maloney interviews, Gerald Celente has been on the Keiser Report. Big names and big players.....David Morgan has spoken with Mike Maloney and Max Keiser. Edit: Yes I follow BrotherJohnF. He and I learned about bitcoin from Davincij15 on youtube. Of course I found out first before BrotherJohnF. But he has great commentary and good insights. that's the battle, right there of course it's an honor to be answered by you. Surely, the NAMES market each other on their channels... that's how it works. Doesn't mean their "tight", though. How to get Morgan or any of these guys (visionvictory comes to mind additionally) to come to the conference? If you watch how many times each of these guys are on each others shows, they are "tight". The libertarian community is smaller than you think. These are the biggest names in the new paradigm that will come when we have monetary reform. I want Jim Rogers too...
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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molecular (OP)
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August 16, 2012, 12:20:32 AM |
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The libertarian community is smaller than you think.
fuck
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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fcmatt
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August 16, 2012, 12:26:01 AM |
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Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
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smoothie
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August 16, 2012, 12:31:40 AM |
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Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most?
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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molecular (OP)
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August 16, 2012, 12:36:37 AM |
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Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
this might be true, but we'll see... never underestimate...
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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aq
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August 16, 2012, 12:38:06 AM |
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Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most? 52 according to http://de.wikipedia.org/wiki/Max_Keiser
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cypherdoc
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August 16, 2012, 12:53:48 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 16, 2012, 12:54:41 AM |
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Old dogs and new tricks. Dont expect much from older generations and bitcoin. Aint going to happen.
Prejudging are we? Max Keiser isn't much older than i am. I'm 29. He is what...35? 40? at most? 52 according to http://de.wikipedia.org/wiki/Max_KeiserYoung at heart then...
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie
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August 16, 2012, 12:55:10 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks...
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,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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fcmatt
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August 16, 2012, 01:04:30 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc...
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 16, 2012, 01:07:49 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus....
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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fcmatt
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August 16, 2012, 01:17:17 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant.
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Serge
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Activity: 1050
Merit: 1000
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August 16, 2012, 01:20:23 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... This is Information Age. Your metals are good for electronics and some jewelry, that's it. Other than that they're expensive store of value, not easily divisible and not easily transferable across distances which is also expensive.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 16, 2012, 01:22:05 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. so tell me are are you doing next?
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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August 16, 2012, 02:00:07 AM |
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He's aware of Bitcoin. He was a Twitter follower of mine and also followed my blog.
Yes and he breaks that statement about old dogs and new tricks... reading an article or a twit about bitcoin is much different then going out and actually downloading the client and acquiring 10 BTC. you will always find exceptions. I see a few on this forum. if those metal gurus ever started preaching about bitcoin all the hard core gold/bullets/food bugs would drop them so fast and laugh at them. To think they should spend their gold/silver or current fiat holdings for something like bitcoin which is a digital currency is very funny. 50 and 60 year olds know about the metals from past experience in the 80s. they saw the elephant with their own eyes. to expect them to learn a new trick, attempt to understand why bitcoin is useful, why it could possibly have value, will just glaze over their eyes. they will just continue to stack those metals. fiat == bad. inflation. govt. corrupt digital currency == worse. no intrinsic value. no long history. can disappear with a crash of a PC (pls don't bother with saying backups, they have enough trouble holding onto digital pictures), limited acceptance in places they frequent, etc... metals == i control it. always has value. never goes to 0. chance to keep up with inflation. etc... Wow I read the first two sentences of what you wrote and couldn't read anymore. Someone has a sour attitude towards the metal gurus.... metal gurus are useless. a blind squirrel should have saw the nut that 7-10 silver was. i went through 1000s of ounces selling on ebay with the stupid premiums people paid. non stop flipping until it went to about 20 an ounce. That is when I stepped back and said it was a good ride but i no longer think silver is worth 20 an ounce. let others take the risk. sold my gold coin collection (liberty half eagles 1839-1908) and put it as down payment on the house i am living in. housing market crash was good timing to purchase. gold is over priced when coming out of the ground at 600-800 an ounce. then i decide i no longer want metals, i have my house, i think stocks are cheap. especially dividend paying stocks. people sold them off. i bought those. good times there. now they are expensive though. i do not bother listen to metal gurus who say the same thing decade after decade.. finally getting it right this decade. i think for myself. i look for next opportunity. so i am not sour on them. i am bored of them. like listening to a parrot screeching for a cracker. when people want bitcoins, bitcoins, bitcoins.. i want out of them. time to sell. sell as fast as you can. move on to greener pastures that have more potential. nothing wrong with a profit! old dogs, new tricks. they will not get bitcoin. no interest in it. they know gold and silver though. and as before they will ride it up up up.. and all the way back down. commodities have been doing this cycle for 200 years. end rant. so tell me are are you doing next? i reread my post. my collection of half eagles was only 40-50 coins. not the full run. i wish i had 1854-S/1875-P half eagle. anyway. i am paying down all debt. one car left. paid off 25% more of the mortgage in last 16 months and refi'd to 15 yr at 3%. have to consider tax things if pay off the rest as soon as possible. soaks up cash just sitting around in checking account. always fully fund ira and/or 401K. my wife and i. have new born son. not as expensive as I thought but there goes 1500 a month easy once you add in day care. taking a stab at sales. i am network eng. we have new colo facility. lining up customer who wants 250 servers for example. way to generate more income while doing my regular job. thinking about commercial property downtown. older building that can be redone. store on bottom, not sure what on top. think older brick building, two stories. like an old hardware store that has character that was built in 1880. tough to find right place though. improve value of what i have. house front yard landscaped last year. this year and early spring back yard. i need the exercise anyway. so with no obvious easy money ideas available i just keep busy. just don't lose the money seems to be the theme right now with paying down debt and maintain what you own. dreaming of owning a commercial property while chance to buy is lower price. economy will eventually turn around and interest rates are low. i wish i saw the next good thing. but i don't know yet. if i had to guess it would be small cap stocks when economy turns around. right now large cap are winning the day.
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