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Author Topic: Woo hoo Silver smack down (continued)  (Read 3772 times)
S3052 (OP)
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December 26, 2012, 08:51:41 PM
 #21

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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December 26, 2012, 10:19:47 PM
 #22

I vote for #2. high stakes bitches. high stakes

Can I escrow? Wink

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December 27, 2012, 12:09:32 AM
 #23

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?

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

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notme
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December 27, 2012, 12:29:17 AM
 #24

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?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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December 27, 2012, 12:30:13 AM
 #25

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?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.

the whole bet is silver in relation to USD. if usd disappears by 2016 bet should be void; but not anymore

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December 27, 2012, 01:41:21 AM
 #26

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?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.

the whole bet is silver in relation to USD. if usd disappears by 2016 bet should be void; but not anymore

Right.  S3052 was generous to accept that condition.

If we bet which of two trees would be taller in a year, and some third party came and replaced one tree with a different tree most people would call off the bet, not give it to the person who bet against the tree that was removed.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
S3052 (OP)
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December 27, 2012, 11:05:07 AM
 #27

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 am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
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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December 27, 2012, 04:44:31 PM
 #28

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 am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
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.


"I bet something, but I don't really believe it." ~S3052

LOL  Grin Grin Grin

███████████████████████████████████████

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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
S3052 (OP)
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December 27, 2012, 04:52:55 PM
 #29

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 am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
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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December 27, 2012, 10:06:44 PM
 #30

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 am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
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

He's more interested in running his mouth than putting his money up.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
smoothie
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December 28, 2012, 12:45:18 AM
 #31

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 am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
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

I already agreed. Keep up and pay attention. okay? Thanks lol  Cheesy Cheesy Cheesy

IN CASE YOU MISSED IT:



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?

LOL!

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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     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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December 28, 2012, 01:24:58 AM
 #32

Wheres the money going? just another betsofbitco.in that everyone else can jump in on?

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December 28, 2012, 01:56:49 AM
 #33

I'm starting to wonder if betsofbitcoin will be around in 4 years. Something tells me they won't.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     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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December 28, 2012, 02:22:28 AM
 #34

I'm starting to wonder if betsofbitcoin will be around in 4 years. Something tells me they won't.

they've been around a year and a half. gotta believe they making some money they don't want to lose.

Domain expires 04-Aug-2013

watch them renew for at least 2 years before that Wink

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December 29, 2012, 03:42:45 PM
 #35

I just bought a kilo of junk silver coins and will buy moar in case of further dumps.
So much for my bet.
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December 29, 2012, 06:24:58 PM
 #36

I just bought a kilo of junk silver coins and will buy moar in case of further dumps.
So much for my bet.

That's awesome. I'm only buying bullion govt coins.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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    d██████████████████████████████æ   
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 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
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