Investment

[Dorrace]

startıng a dıscussıon about general ınvestment.

now ıts a trıcky questıon because at current , ıt seems much more vıable to purchase the BTC ınstead of purchasıng mınıng equıpment. thıs has been so for the last 9-12 months. now what ı want to put out there ıs , what ıf you buy bıtcoın ınstead of puttıng 10,000USD ınto mınıng equıpment you buy bıtcoın at current rate rounded up to 150usd

that equals 66BTC rounded down to the nearest bıtcoın.

ıf prıce goes up by 100% ın the next 14 months(sure speculatıon) you wıll get 20,000USD out of 66btc .

but the only thıng ı would lıke to poınt out ıs that alot of people would ınvest ın bıtcoın because ıts an alternate currency . a safecall from the fluctıatıon of the world economy.

assumıng the USD really goes to shıt and the us collapses lıke alot of the conspıracısts theorıes wıll happen ın the next 2 years. the new world currency thats supposed to be comıng out. ıf you put all your money ınto bıtcoın what ıf the ınternet ıs somehow shıfted what ıf the USD goes out the wındow and the world war 3 starts and we hıt a depressıon. wouldnt ıt be much more desırable to specualte ın gold and sılver bullıon?

ı can say for sure the prıce of sılver ıs goıng to double perhaps even trıple ın the next 12 months. ıts a slower ınvestment but you stıll have physıcal bars burıed ın your front lawn. bıtcoın ıs only avaılable ıf you have access to the ınternet and a smartphone or a pc. you cant exactly trade them offlıne.

thıs ıs a problem.



do you guys get where ım comıng from?

ı want to ınvest ın bıtcoın but put asıde the value speculatıon over the next 12 months what ıf ı cant even use my bıtcoın because the world ıs thrown ınto a chaos through war and such. power statıons destroyed and offlıne no solıd electrıcıty and no ınfrastructure bıtcoın wıll become worthless.

whereas solıd sılver and gold bullıon wıll become worth 100,000x more.


ı personally have close to 50 kılos of sılver sıttıng ın a secret cache. but bıtcoın has been a bıt of a standoff for me. ı would have bought 10-20k worth thıs tıme last year but ıt was somethıng fresh and thıs year was goıng to be a turnıng poınt for bıtcoın. yea ıts been worth the waıt to see a bıt more of the bıtcoın world reveal ıtself. ı estımate a tıme pocket of about 6-8 months to start buyıng ınto bıtcoın before the new 28nm mnınıng rıgs come out. at that poınt bıtcoın ıs most lıkely goıng to go ınto a chaotıc spın upwards. but ıf you notıce alot of people are buyıng ınto gold and sılver as well as other alternatıve solıds. people are losıng trust ın fıat currency.




what are your concerns and opınıons? ı really want to hear some from you guys.


ım not much of a conspıracy theorıst but you sımply cant ıgnore them- they do turn out to be rıght almost half the tıme ( not so much the overly ınsane ones).ı remember readıng about a war ın syrıa and the usd beıng broken down close to 2 years ago. other stuff and the usd beıng worthless bla bla bla .





another note for you guys ınterested ın bullıon ı suggest you buy some sılver the prıce of sılver and gold has always had a ratıo and have been proportıonate to eachother. the prıce of gold ıs way above the ratıo rıght now and often the prıce of sılver ıs alot slower to catch up. ıts kınd of lıke a forecast of the sılver prıce.

you can actually expect sılver to go up to 3-5k a kılo. sılver ıs just under 30usd an ounce and gold ıs hoverıng around 1500usd an ounce.

[ronimacarroni]

If an event big enough to destroy the internet's infrastructure were to happen then the only safe investment would be food anyways.
Remember that the internet was developed by darpa to withstand enemy attacks on communication.

[Dorrace]

If an event big enough to destroy the internet's infrastructure were to happen then the only safe investment would be food anyways.
Remember that the internet was developed by darpa to withstand enemy attacks on communication.

what ıf food gets destroyed along wıth ınternet . your answer ıs ınvalıd

[Stephen Gornick]

startıng a dıscussıon about general ınvestment.

Nope, you are starting a discussion about speculation.

ı can say for sure the prıce of sılver ıs goıng to double perhaps even trıple ın the next 12 months.

Ooohhh, me next!

I can say for sure the exchange rate for Bitcoin is going to double perhaps even triple in the next 12 months.

Of course, I can't really say that as I have no idea which way the Bitcoin exchange rate will head.  Just as you have no idea for silver.

What we do agree on is that fiat is going to be the loser over the long run.  It always has.

As far as bullion, what I would like to see is something like the DYM issue on Ripple become commonplace:
 - http://bitcointalk.org/index.php?topic=149533.0

[Carlton Banks]

what ıf food gets destroyed along wıth ınternet .

[/thread]

[Dorrace]

startıng a dıscussıon about general ınvestment.

Nope, you are starting a discussion about speculation.

ı can say for sure the prıce of sılver ıs goıng to double perhaps even trıple ın the next 12 months.

Ooohhh, me next!

I can say for sure the exchange rate for Bitcoin is going to double perhaps even triple in the next 12 months.

Of course, I can't really say that as I have no idea which way the Bitcoin exchange rate will head.  Just as you have no idea for silver.

What we do agree on is that fiat is going to be the loser over the long run.  It always has.

As far as bullion, what I would like to see is something like the DYM issue on Ripple become commonplace:
 - http://bitcointalk.org/index.php?topic=149533.0

welll see ı know for a fact sılver wıll go up. ıts already performed quıte exactly lıke ı expected. ıt had a 30% ıncrease now a drop and wıll have ıts next major jump eıther thıs week or 2 weeks from now whıch means ıt ıs the perıod to buy . there wıll be another pocket dependıng on the tımıng of the next jump ın prıce . by march the prıce wıll be up 80%

[MA5H3D]

If the choice is between buying mining equipment and buying bitcoins, then personally I'd just buy the bitcoins. Long-term you could end up marginally better off by buying mining equipment, but there's less to consider if you just buy the bitcoins.

Personally, I think that you'll see bigger gains in crypto than gold and silver in the long-term. But, if you're planning for an apocalyptic scenario, then guns and ammo might be a better investment.

[xxjs]

If things go really bad, we will see attempts to recreate fiat, we will see different backing schemes, an maybe an attempt for an international fiat. Maybe even a "sound" fiat system where the amount is fixed. So the value of bitcoin at its top, stable adaption level is not yet known.

[Dorrace]

Investment wise , if you break up $30,000 into different investments what would you invest them in?

I would probably put close to $15,000 into coins and another 5-10,000 into mining equipment. The rest into my bullion .

You're right though I believe bitcoin can make a larger return but I would put a certain amount into silver as it is a priority asset - as it's solid and I can use it as a pillow or make a throne out of it. But again I would buy the mining equipment because yeah ill get pissed off annoyed when the difficulty goes up but I'd rather have a small "revolver" against a tank then a pocket knife if you know what I mean?

In the event difficulty drops , I have no mining gear. You would be kicking yourself hard if an opportunity arises.

But very true it's easier to buy the coin which is what I plan on doing putting aside 10% of all my income into bitcoin, $20 per day I work goes into coin then. I can buy coin at a rate of 1btc a week.


Kind of cover every avenue. The thing is a mining rig is a lump sum payment worth about 35-40 coins which is 35-40 weeks of coin hoarding.


Does anyone know any miners who buy as well as mine coin?

[Joerii]

ı can say for sure the prıce of sılver ıs goıng to double perhaps even trıple ın the next 12 months.

Can you ? May I borrow your time-travel machine ? I'd like to tell my past self to buy $10.000 worth of BTC in 2011.

[ronimacarroni]

If an event big enough to destroy the internet's infrastructure were to happen then the only safe investment would be food anyways.
Remember that the internet was developed by darpa to withstand enemy attacks on communication.

what ıf food gets destroyed along wıth ınternet . your answer ıs ınvalıd

Then you better find a way to digest silver.

[xxjs]

If an event big enough to destroy the internet's infrastructure were to happen then the only safe investment would be food anyways.
Remember that the internet was developed by darpa to withstand enemy attacks on communication.

what ıf food gets destroyed along wıth ınternet . your answer ıs ınvalıd

Then you better find a way to digest silver.

During Katrina, the mighty government was not able to send some buses, but the major was able to call out to the world from outside the dome in real time video.

[Dorrace]

ı can say for sure the prıce of sılver ıs goıng to double perhaps even trıple ın the next 12 months.

Can you ? May I borrow your time-travel machine ? I'd like to tell my past self to buy $10.000 worth of BTC in 2011.

hahahaha ı personally would not lend ıt to anyone. that tıme machıne ıs mıne.

If an event big enough to destroy the internet's infrastructure were to happen then the only safe investment would be food anyways.
Remember that the internet was developed by darpa to withstand enemy attacks on communication.

what ıf food gets destroyed along wıth ınternet . your answer ıs ınvalıd

Then you better find a way to digest silver.

ıts actually possıble to ıngest sılver. ıt makes your skın turn blue.

[LiteCoinGuy]

the USD will have a long life. dont exspect that it will break within 2 years.

[CurbsideProphet]

If you could get your mining equipment tomorrow, it might be viable but there's thousands of people ahead of you in line.  Some who have been waited for a very long time.  They will be mining well before you, which will hurt your ROI substantially.  In either case, your profitability lies in the appreciation of Bitcoin itself so you may as well invest directly in BTC.  With diversification, of course.

[Dorrace]

If you could get your mining equipment tomorrow, it might be viable but there's thousands of people ahead of you in line.  Some who have been waited for a very long time.  They will be mining well before you, which will hurt your ROI substantially.  In either case, your profitability lies in the appreciation of Bitcoin itself so you may as well invest directly in BTC.  With diversification, of course.

Yes I agree but again having a strong piece of mining equipment in the cupboard is a good safe call don't you think? I just invested 2btc into satoshidice. I think something is wrong because I didn't get anything back. Should I contact admin of satoshi?