Sold of My Entire Bullion Collection In Order To Purchase BitCoins

Discussion in 'Bullion Investing' started by Tyler, Apr 1, 2013.

Page 69 of 130
  1. goldcollector

    goldcollector Member

    1 Million dollars vs. $6400. And the silver crowd was clowning Bitcoin. Too freaking funny.
     
    goldcollector, Feb 17, 2020
    #1361 + Quote Reply
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  3. goldcollector

    goldcollector Member

    Bitcoin was $6900 now $9800
    Silver was $16.75 now $17.80

    Bitcoin up 42%
    Silver up 6%

    Which doesn't even cover the premiums
     
    goldcollector, Feb 17, 2020
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  4. Mr Roots

    Mr Roots Underneath The Bridge

    I meant December 2017
     
    Mr Roots, Feb 17, 2020
    #1363 + Quote Reply
  5. goldcollector

    goldcollector Member

    I wonder how many of the posters making fun of bitcoin had 320 ounces of silver on April 1 2013 ?

    Probably only 1 or 2 but it's funny those 320 ounces converted to Bitcoin would be a million dollars today. Give or take.
     
    goldcollector, Feb 17, 2020
    #1364 + Quote Reply
    FryDaddyJr likes this.
  6. baseball21

    baseball21 Well-Known Member

    How many people do you think are under water from all the times bullion was pushed as an investment?
     
    baseball21, Feb 17, 2020
    #1365 + Quote Reply
    goldcollector and GeorgeM like this.
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Is that what you did with the silver @Garlicus paid you for in 2017? If so, why don't you pay him back with some of the enormous profits you've taken, instead of keeping both his silver and his money?
     
    -jeffB, Feb 17, 2020
    #1366 + Quote Reply
    Pickin and Grinin, xCoin-Hoarder'92x and slackaction1 like this.
  8. Richard Snively

    Richard Snively Member

    Bullion has value since recorded history began,Bitcoin has gone up and down like PeeWee Herman in a dark theatre for what ? 5 years ???
     
    Richard Snively, Feb 17, 2020
    #1367 + Quote Reply
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  9. -jeffB

    -jeffB Greshams LEO Supporter

    Well, to be fair, you could make the same argument about abacuses and computers.
     
    -jeffB, Feb 17, 2020
    #1368 + Quote Reply
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  10. ripple

    ripple Active Member

    A coin thread is really getting wild when we have Pee Wee references in the mix.
     
    ripple, Feb 17, 2020
    #1369 + Quote Reply
    GeorgeM likes this.
  11. STU

    STU Active Member

    I like my cash coins not click of a mouse and all gone
     
    STU, Feb 17, 2020
    #1370 + Quote Reply
    ripple likes this.
  12. goldcollector

    goldcollector Member


    Yes Bitcoin sucks since it goes up and down ( Like every asset on Earth ) but let's just ignore that in those 5 years of going up and down it has overall gone up some 7000 % while silver has managed to be pretty much the only asset in the world to actually drop in value. But hey silver was around 2000y years ago. I guess that the best consolation excuse for the silver crowds non stop losing. Come into the 21st century. What might have been popular 5000 years ago doesn't mean much of anything today.
     
    goldcollector, Feb 18, 2020
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  13. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Apparently, neither does a mans word.
     
    Randy Abercrombie, Feb 18, 2020
    #1372 + Quote Reply
    xCoin-Hoarder'92x and -jeffB like this.
  14. STU

    STU Active Member

    still like cash no bitcoins never leave all your eggs in the same basket
     
    STU, Feb 18, 2020
    #1373 + Quote Reply
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  15. Michael K

    Michael K Well-Known Member

    I thought this was interesting.
    bitcoin.png
     
    Michael K, Feb 27, 2020
    #1374 + Quote Reply
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  16. STU

    STU Active Member

    I would never put money where it can be gone with a click of a mouse worked to hard love silver and gold been 1000 and more years and it is still around
     
    STU, Feb 28, 2020
    #1375 + Quote Reply
  17. slackaction1

    slackaction1 Supporter! Supporter

    He got stung didn't he..
     
    slackaction1, Feb 28, 2020
    #1376 + Quote Reply
    Michael K, -jeffB and STU like this.
  18. ToughCOINS

    ToughCOINS Dealer Member Moderator

    "Come into the 21st Century"? . . . How about survive the 21st Century?

    Plain and simple . . . Bitcoin will never make it that long.

    I'd hate nothing worse than knowing I'd pass on to my family a lifetime's savings in an ethereal medium which can only be redeemed with a code I could potentially lose, forget, transpose digits of, or even neglect to pass on to them.

    It's pretty difficult to deprive them of the benefits of something tangible, whether that be cash, bullion, collectibles or real estate.

    Good luck with your funny money . . .
     
    ToughCOINS, Feb 29, 2020
    #1377 + Quote Reply
    Gilbert likes this.
  19. goldcollector

    goldcollector Member

    Silver has been around 5000 years and it's currently worth $16.76. It goes up on average 1 cent every 3 years.
     
    goldcollector, Mar 1, 2020
    #1378 + Quote Reply
  20. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Not bad, in contrast to flashes in the pan like Bitcoin, which shoot to the moon in a heartbeat and then become completely worthless within a couple of decades.

    Has anyone even considered what will happen to blockchains when the costs of expanding / maintaining them outstrip the profitability of those organizations who presently are so eager to do so?

    When those organizations want to update their existing systems, or migrate the assets to new systems, how can they contact the rightful owners of the accounts to advise them of the need to upgrade so that they do not lose their assets?
     
    ToughCOINS, Mar 1, 2020
    #1379 + Quote Reply
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  21. Michael K

    Michael K Well-Known Member

    We should see what all the other cryptos are doing besides BC.
     
    Michael K, Mar 1, 2020
    #1380 + Quote Reply
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