smoothie (OP)
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LEALANA Bitcoin Grim Reaper
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November 30, 2012, 06:06:49 AM |
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US govt going to phase out the penny and nickel in 2013 http://www.silverdoctors.com/penny-and-nickel-coins-to-be-phased-out-in-2013/Stack pennies and nickels? hmm
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███████████████████████████████████████
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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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live627
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November 30, 2012, 06:16:35 AM |
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Time to restart my coin collection?
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Lethn
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Activity: 1540
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November 30, 2012, 06:22:46 AM |
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You can be assured with this happening the U.S dollar is going to collapse fast and hard, still can't say when but the time to wait has shortened considerably now, the federal reserve are getting rid of the last obstacles in the way of them printing as much as they want. Yeah, even cheap coins like the dime and nickel cause them problems because they can't be mass produced easily enough for the speed they're looking for as the article says it's much cheaper to just print lots of paper than mint coins.
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Yuhfhrh
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November 30, 2012, 07:20:24 AM |
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Lethn
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November 30, 2012, 07:31:59 AM |
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LOL how did you find that? Oh well, I'm sure the government will do something else that will speed up the inevitable dollar crash, just need to wait and see what happens with the negotiations.
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TheButterZone
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RIP Mommy
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November 30, 2012, 08:19:23 AM |
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Saying that you don't trust someone because of their behavior is completely valid.
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smoothie (OP)
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LEALANA Bitcoin Grim Reaper
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November 30, 2012, 08:19:58 AM |
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You need more proof than that. Just because someone says "fake" doesn't make it fake. Inflation is real and alive today.
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███████████████████████████████████████
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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 (OP)
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LEALANA Bitcoin Grim Reaper
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November 30, 2012, 09:21:35 AM |
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███████████████████████████████████████
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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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DannyHamilton
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November 30, 2012, 05:21:05 PM |
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Yep, have to be careful about believing the stuff you read on the internet.
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notme
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November 30, 2012, 10:26:32 PM |
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I thought they phased out the penny in 1982, and everything else except the nickel in 1965. The nickel is the only real coin remaining! I thought it was 1984 for pennies.
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evolve
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November 30, 2012, 10:34:24 PM |
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The US should kill off the penny...manufacturing one cost more than its value.
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farlack
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November 30, 2012, 10:35:43 PM |
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Everything will just be rounded up, or down, and seeing as most things are like 4.99+ tax $5.06 rounded up, the government will probably just keep the other 4 cents as taxes, and push a little bit into the products that land at $4.94 they would make a nice profit id imagine.
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Elxiliath
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December 01, 2012, 01:04:47 AM |
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It's hard to imagine these coins being phased out, even though their cost of circulation and creation outweighs their value. Maybe soon we will move to a complete digital monetary system and there will be no need for any of them.
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bitCooper
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December 01, 2012, 03:47:27 AM |
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It's pretty simple. The government has printed so much money that the penny is worthless.
I for one would love to see the US eliminate the penny and one dollar bill in favor of dollar coins.
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DiCE1904
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December 02, 2012, 02:54:46 AM |
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picked up $100 worth of nickels today at the bank when I cashed a check, the people looked at me like I was insaaaaaane
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smoothie (OP)
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LEALANA Bitcoin Grim Reaper
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December 02, 2012, 04:28:41 AM |
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picked up $100 worth of nickels today at the bank when I cashed a check, the people looked at me like I was insaaaaaane
Good job buddy! I'm thinking I might get a few stacks too. Just imagine the same nickel (composition) could buy a candy or ice cream in 1946 through the 1950's (i'm estimating based on searching around the internet). With that in mind I'm curious to know if Nickels are undervalued in terms of its intrinsic content.
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███████████████████████████████████████
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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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DiCE1904
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December 02, 2012, 04:31:52 AM |
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picked up $100 worth of nickels today at the bank when I cashed a check, the people looked at me like I was insaaaaaane
Good job buddy! I'm thinking I might get a few stacks too. Just imagine the same nickel (composition) could buy a candy or ice cream in 1946 through the 1950's (i'm estimating based on searching around the internet). With that in mind I'm curious to know if Nickels are undervalued in terms of its intrinsic content. hmmm good question, what you think you think about picking up 35% Silver War Nickels over the nickels now a days? which ones would you pick up more of?
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smoothie (OP)
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Activity: 2492
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LEALANA Bitcoin Grim Reaper
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December 02, 2012, 04:44:26 AM |
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picked up $100 worth of nickels today at the bank when I cashed a check, the people looked at me like I was insaaaaaane
Good job buddy! I'm thinking I might get a few stacks too. Just imagine the same nickel (composition) could buy a candy or ice cream in 1946 through the 1950's (i'm estimating based on searching around the internet). With that in mind I'm curious to know if Nickels are undervalued in terms of its intrinsic content. hmmm good question, what you think you think about picking up 35% Silver War Nickels over the nickels now a days? which ones would you pick up more of? I'm thinking of just getting the 75% copper and 25% nickel Nickels. You don't have to sort them and they appear to be the same nickels for the last 70 or 80 years, perhaps more.
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███████████████████████████████████████
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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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DiCE1904
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Activity: 1118
Merit: 1002
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December 02, 2012, 04:46:58 AM |
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picked up $100 worth of nickels today at the bank when I cashed a check, the people looked at me like I was insaaaaaane
Good job buddy! I'm thinking I might get a few stacks too. Just imagine the same nickel (composition) could buy a candy or ice cream in 1946 through the 1950's (i'm estimating based on searching around the internet). With that in mind I'm curious to know if Nickels are undervalued in terms of its intrinsic content. hmmm good question, what you think you think about picking up 35% Silver War Nickels over the nickels now a days? which ones would you pick up more of? I'm thinking of just getting the 75% copper and 25% nickel Nickels. You don't have to sort them and they appear to be the same nickels for the last 70 or 80 years, perhaps more. for sure, I suppose ill do the same and maybe get some of those 35% ones. Lol the bank is going to think im nuts getting 100$ of nickels every week
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