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Beliathon (OP)
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November 12, 2014, 01:58:20 PM |
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LiteCoinGuy
Legendary
 Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 12, 2014, 02:09:49 PM |
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 a rich policeman  (probably 1 Satoshi is in there) |
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LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 12, 2014, 02:10:57 PM |
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 tooo daaa Mooooooon! |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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November 12, 2014, 02:20:50 PM |
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Only invest into fiat what you can afford to lose.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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WestHarrison
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November 12, 2014, 03:05:21 PM |
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I don't really like the Fractional Reserve Algo to be honest but I'm still Hodlin some USDCoin.
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sandykho47
Sr. Member
Offline
Activity: 252
Merit: 251
Knowledge its everything
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November 12, 2014, 03:20:31 PM |
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There are people who don't know about economy invest in USD. But, the best way for invest is stable fiat / gold / bitcoin. a rich policeman (probably 1 Satoshi is in there) Not rich anymore  And it's less than 1 satoshi |
Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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SpanishSoldier
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November 12, 2014, 03:28:19 PM |
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IMHO investing in Bitcoin & FIAT both has its own associated risks. People should invest in businesses.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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November 12, 2014, 03:45:19 PM |
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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shawshankinmate37927
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November 12, 2014, 08:47:49 PM |
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Only invest into fiat what you can afford to lose.
LOL, love it! |
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
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Flashman
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November 12, 2014, 09:02:55 PM |
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Reading a story from a few decades ago, where some people invested all their life savings into Weimar Republic Promissory Notes and started to live off them. Then hyperinflation hit and they burned their savings for heat.
<Troll> But it worked out okay for those people.... Hitler fixed it </Troll> (The moral of the story there kiddies, being that if people get so economically desperate, they'll invite in any monster who promises a fix.) |
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
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TheButterZone
Legendary
Offline
Activity: 3052
Merit: 1031
RIP Mommy
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November 12, 2014, 09:08:11 PM |
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Saying that you don't trust someone because of their behavior is completely valid.
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pitham1
Legendary
Offline
Activity: 1232
Merit: 1000
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November 13, 2014, 12:48:12 AM |
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Well, well. The worthless fiat currency seems to have become valuable at some time after all. |
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RobertDJ
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November 13, 2014, 04:54:59 AM |
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Fiat is actually generally very stable, at least when it comes to the major currencies. While the picture of the hyperinflation of the 1920's in Germany is correct, it has been over a century since any major country has experienced such hyperinflation (and such inflation was caused by germany having to pay it's war debts of WW1).
If you invest your money is highly rated bonds then you will generally be able to beat inflation by a few percentage points every year meaning the net value of your money will increase.
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Stifler
Member
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Activity: 66
Merit: 10
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November 13, 2014, 01:59:09 PM |
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Most fiats will probably fail eventually but they are relatively stable for the short term but lose much value over long term so I think there's massive gains to be made in btc currently.
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Not to be confused with the user sifter . |
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thermost
Member
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Activity: 77
Merit: 10
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November 13, 2014, 02:04:52 PM |
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Can't believe people are still willing to risk losing their savings with fiat.
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Bitcoinpro
Legendary
Offline
Activity: 1344
Merit: 1000
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November 13, 2014, 02:11:56 PM |
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Can't believe people are still willing to risk losing their savings with fiat.
its already a stampede to get out of fiat into assets everything was primed to burst this year n last year but bitcoin reversed that algo |
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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inBitweTrust
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November 13, 2014, 02:24:43 PM |
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USD Fiat is an extremely risky investment that one should only hold onto for short periods of time.  |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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November 13, 2014, 02:31:38 PM |
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Obviously investing in FIAT is more dangerous than a crypto currency such as Bitcoin. People are just a tad too ignorant to see.
I like keeping my stuff in metals of different sorts.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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BADecker
Legendary
 Online
Activity: 3780
Merit: 1372
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November 19, 2014, 01:43:57 AM |
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The question is about life savings. This answer isn't about life savings. The best investment as life savings protection for the future in the U.S. is, fertile land with water, where the patent has been "updated" to show you as the owner. Other than that, gold, silver, copper and Bitcoin. Even though there is inflation, keep a chunk of cash around, hidden of course, in one's, five's, and ten's - maybe include some twenty's - because when the crash comes, you will be able to transact life if you have cash. Bitcoin may collapse due to the delicacy of the power grid and Internet, and it will take people awhile to get used to trading in gold and silver again. For a time, cash dollars will be king when the crash comes.  |
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