Imagine (OP)
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March 01, 2013, 05:01:11 AM |
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So I am by no means jumping off the bitcoin bandwagon also in no way am I saying that they are going to fall anytime soon (nor do I want them to) But I would like to be realistically prepared for when they do. So my question is what are some good investments to put my money inthey can be digital currency or so other kind of soild currency when the bitcoin begains to fall preferably low or tax free
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creativex
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March 01, 2013, 05:04:06 AM |
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I like gold, silver, copper(pre 1982 pennies), guns, & ammo.
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ArticMine
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Monero Core Team
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March 01, 2013, 05:31:12 AM |
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There are very few alternatives that I like to Bitcoin right now. The stock market is way over valued and so is the real estate market in many parts of the world.
If the Bitcoin market gets over heated or for some diversification
Canadian 30 day Treasury bills in CAD, and / or CAD bank deposits CDIC insured, some CAD cash.
United States 30 day Treasury bills in USD, and / or USD bank deposits FDIC insured, some USD cash.
Gold (1oz gold coins). Possibly Goldgrams via GoldMoney.com
For high risk investors
Short stock positions either the market as a whole or some overhyped stocks. A short position on Facebook stock for example.
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CurbsideProphet
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March 01, 2013, 06:11:05 AM |
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Shorting the Yen and/or S&P 500.
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1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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creativex
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March 01, 2013, 06:26:20 AM |
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Red wine. You sir are a god. I was sipping pinot noir when I posted above and didn't even think of it. |
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byronbb
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HODL OR DIE
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March 02, 2013, 12:32:28 AM |
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If you want something as profitable as holding bitcoins, try importing cocaine to the US.
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evolve
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March 02, 2013, 12:39:12 AM |
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I invest in stocks. Risky? yes.
...but no more so than bitcoin.
I have guns and ammo and precious metals too, but for more practical purposes (rather than investment).
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Anon136
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March 02, 2013, 01:08:18 AM |
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no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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notme
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March 02, 2013, 01:10:33 AM |
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no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value. |
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Elwar
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Viva Ut Vivas
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March 02, 2013, 01:45:57 AM |
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no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value. US coins are illegal to melt. No our politicians are not bought and paid for. |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Monster Tent
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March 02, 2013, 01:54:02 AM |
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Having a bulk supply of food in your shed is a good investment.
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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March 02, 2013, 02:12:31 AM |
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Having a bulk supply of food in your shed is a good investment.
The problem with this strategy is that most food depreciates due to spoilage. Of course, if you have a lot of honey and maple syrup in your portfolio, you can offset that to a certain extent.  |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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notme
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March 02, 2013, 02:42:58 AM |
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no one mentioned nickels. If the dollar gains value you can cash them in for face, if the dollar loses value you can melt them, win win.
Sure, when they become so worthless they are dropped. Until then they are illegal to melt. They will trade above face though, as copper pennies do, just not full scrap value. US coins are illegal to melt. No our politicians are not bought and paid for. I never said it was legal, but thank you for making that clear. It will be legal to melt pennies if the government ever retires the penny, although in such a situation, they may confiscate them. Likely, they will just suck them out of circulation via banks and not worry about individuals, but you would obviously have issues cashing in the raw copper if they were supposed to be turned in. Same with nickles, although they don't need sorted like pennies. |
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Peter Lambert
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March 02, 2013, 04:16:58 AM |
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Something you could stock up on is drugs, and I mean of the legal variety. They are usually small items, so they don't take up a whole lot of space, and some are quite costly and hard to come by if the economy collapses.
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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notme
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March 02, 2013, 04:17:55 AM |
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Seeds.
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stochastic
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March 02, 2013, 07:56:14 AM |
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Introducing constraints to the economy only serves to limit what can be economical.
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Imagine (OP)
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Activity: 43
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March 02, 2013, 08:17:33 AM |
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Stock sounds a bit confusing any help? And I do not have a guns license nor do I even no if I can get one? canadian currency did not sound like too bad of an idea. Would I have to pay taxes on that investment considering I am in the USA not canada. also the price of silver has risen quite alot thats not to bad of an idea but I have little to no info on investing in precious metals? I cant help but acknowlege how cool it would be to just have a bar of silver in my room. Hey whats that oh its just my BAR OF SILVER!!! BWHAHA
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Bitobsessed
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March 02, 2013, 08:37:42 AM |
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Well 2 words satoshi dice.
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Peter Lambert
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March 02, 2013, 03:29:08 PM |
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Well 2 words satoshi dice.
Just to be clear, an investment is buying stocks in Satoshi Dice, not playing it. |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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