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Author Topic: Silver stackers hate Bicoin?  (Read 3624 times)
Current-C
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June 11, 2011, 03:43:46 PM
 #21

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I just don't understand why people who are smart enough to invest in precious metals on average either can't comprehend or flat out hate bitcoin citing the weakest excuses...

For the same reason that plenty of bitcoin investors don't see the value in investing in precious metals.  People tend to get emotionally invested in the things they are monetarily invested in and resist any perceived threat to their worldview.  To me it just makes sense to own both.
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kwukduck
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June 11, 2011, 03:47:33 PM
 #22

On youtube the anti-bitcoin community seems to be 'big' and consisting mostly of silver-enthusiasts indeed...

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rtcw
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June 11, 2011, 04:20:09 PM
 #23

im a silver guy an i love the bitcoin market. so easy to predict.. i bought 100 BTC at 3$ USD an sold to some guy on ebay 3 days ago for 3300$ thanks for the free silver btc
sunyag
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July 02, 2011, 10:07:50 AM
 #24



I've been a silver stacker for years, and I can tell you that the lessons from the silverbugs are hard won. Silverbugs have really taken it on the chin and tasted the business end of the JPM etc. buggy whip. Perhaps that is one of the reasons that there is a, very unfortunate, knee-jerk reaction to Bitcoin - fear of manipulation. I, myself, certainly came in VERY cautious to Bitcoin. But the more I study it, the more I like it.

Perhaps now that (at least for the moment) the Bitcoin community realizes that valuations can also go down, it is a good time to do more to bring the movements together. Silverbugs tend to be hardened vets whose minds are, frankly, too narrow. Bitcoiners tend to be techie idealists who have difficulty hearing any critique.

I have a lot of admiration for both communities. And I consider them to be very smart people.







Tasty Champa
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July 02, 2011, 10:54:05 AM
 #25

When you look at the utmost importance of things, the less shiny shit you have, the less of a target you become. xD
sunyag
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July 02, 2011, 11:17:30 AM
 #26

When you look at the utmost importance of things, the less shiny shit you have, the less of a target you become. xD

When I look at the utmost importance of things, neither silver nor bitcoins even make the top ten. But you're right about shiny things, that's why silverbugs own shovels.

 Wink
Vladimir
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July 02, 2011, 11:19:12 AM
 #27

I have one thing to say to silver/gold/fiat/stock/bond/whatever stackers. Do not get married on your investments.

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sunyag
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July 02, 2011, 12:04:49 PM
 #28

I have one thing to say to silver/gold/fiat/stock/bond/whatever stackers. Do not get married on your investments.

Agreed...wherein 'whatever' includes bitcoins. They are all vehicles.
gigabytecoin
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July 02, 2011, 12:06:54 PM
 #29

I think many of them feel bad about not diving in when bitcoin was <$1 so they come up with excuses too convince themselves bitcoin is a bad thing.

This is true for a lot of my friends. Anyone who is invested (most of them) is all excited about the idea. Anybody who was really interested and excited (but didn't have the money to invest) is now souring to the idea. Fortunately, not that many people in the world know about Bitcoin yet!
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