LiteCoinGuy
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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December 22, 2014, 12:21:22 PM |
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iam pretty sure Satoshi is a gold bug too  |
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botany
Legendary
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Activity: 1582
Merit: 1064
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December 23, 2014, 01:13:28 AM |
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Soon global stock market which is completely priced out of it's fundamentals with the free loan money printed by central banks, is going to crash and dumb money running to precious metals  Silver and gold are real assets and wealth. Might be in a 1000 year bubble. Gold will forever be something desirable unless technology caters for actual creation of Gold out of nothing. Bitcoin has the real potential to grow tho. Gold and Bitcoin will together go up. Bitcoin is the new e-gold!! |
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hobala
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December 23, 2014, 04:49:05 AM |
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yes now gold to the moon and after end of year back dumb again |
AMHashASICMINER ● ROCKMINER ● Purchase from: AMHash (20Th/s min) ● Havelock (1Gh/s min)
Cloud-mining contracts: 0.0012 BTC per Gh ● Maintenance fee: $0.001551 per Gh per day ● Upto 6% Christmas Bonus |
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hashman
Legendary
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Activity: 1264
Merit: 1008
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December 23, 2014, 05:56:23 AM |
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Can you verify for yourself the total gold supply?
Can you perform for yourself very quickly a perfect assay?
If not, you might want to consider trying public digital coins.
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RJX
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Activity: 1078
Merit: 1003
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December 23, 2014, 08:27:12 AM |
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There is more between gold and bitcoin.
Canned goods!
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hoversensitive
Newbie
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Activity: 23
Merit: 0
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December 23, 2014, 09:47:59 AM |
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For now i don't think gold prices will boost... As oil prices are also lowering.. After Feb 2015 there will boost of gold price... my estimation
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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December 23, 2014, 12:22:57 PM |
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Last time I checked gold markets a bubble burst that was building up for years
As it stands now it has potential for movement again but I would not be certain which one would have the faster potential for returns between BTC some altcoins and gold.
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Believing in Bitcoins and it's ability to change the world
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HeroCat
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December 23, 2014, 01:32:56 PM |
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Gold is one of important Forex market players, and there are a lot of people, who work with gold/silver in Forex. Even there are some specific companies, which work with gold in Forex, buying and selling it  |
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pumpitloud
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Activity: 36
Merit: 0
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December 23, 2014, 02:06:38 PM |
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price will drop again for sure in January
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Febo
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Activity: 2730
Merit: 1288
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December 23, 2014, 09:10:48 PM |
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Gold price will fall.
Gold will start raising soon after next crysis start.
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bitcoin_purist
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Activity: 75
Merit: 10
Fearless, except for those who are fearless
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December 23, 2014, 11:00:20 PM |
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Well i was very bullish for gold last 2 years, but now I'm thinking of selling some of the shiny. Not because of the past drop, but for the drop which is yet to come. Put the gold chart up side down and everything looks a lot different Made me think twice about my investment... |
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bitcoin_purist
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Activity: 75
Merit: 10
Fearless, except for those who are fearless
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December 23, 2014, 11:01:45 PM |
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For now i don't think gold prices will boost... As oil prices are also lowering.. After Feb 2015 there will boost of gold price... my estimation
Lower oil prices means lower mining costs. We all know what lower mining costs mean for the price of bitcoin,.. it goes down. |
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zenitzz
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December 24, 2014, 04:36:14 PM |
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yes good investment is on gold
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Sir Alpha_goy
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December 24, 2014, 08:17:49 PM
Last edit: December 12, 2015, 02:19:26 PM by Sir Alpha_goy |
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Sir Alpha_goy
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December 24, 2014, 08:19:30 PM
Last edit: December 12, 2015, 02:19:41 PM by Sir Alpha_goy |
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LitcoinCollector
Legendary
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Activity: 1092
Merit: 1000
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December 24, 2014, 09:06:57 PM |
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Unless gold can be created, the value will maintain. People just like rare stuff.
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BitcoinFreak12
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Activity: 42
Merit: 0
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December 24, 2014, 10:47:29 PM |
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I dont think gold will be just as good in the future as it was before.
Sure it might rise in then next crisis, but just as people will see tha their government will want to confiscate it, then they will put less faith in it, and will use virtual currencies.
It doesnt matter how rare or shiny something is, if the government constantly steals it from you.
Bitcoin might not have an intrinsic value but its decentralized capacity makes it more valuable than the shininess of the gold that will be stealed by the state.
This p2p digital currency technology will render the gold obsolete in the future, perhaps not in the near one, but later on it will be, gold will lose a lot of value in long term (but only after the collapse will end, because in the collapse it might hit 5000$ or more though)
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Bit_Happy
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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December 24, 2014, 10:51:17 PM |
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The long term bull market in gold is destined to continue, it is just a matter of how soon the next HUGE up-move begins.
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Miz4r
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Activity: 1246
Merit: 1000
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December 24, 2014, 11:21:42 PM |
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Gold is going down long term, its use as a store of value is quickly becoming outdated. Bitcoin is slowly taking over the role of silver and gold because it's superior in every single way and more and more people will discover this. It just needs some time. Once Bitcoin becomes more user friendly and storing them in a secure way becomes easier gold and silver as a safe store of value will soon be history.
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Bitcoin = Gold on steroids
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