Sold of My Entire Bullion Collection In Order To Purchase BitCoins

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

  1. Jason.A

    Jason.A Active Member

    Ok. I am going to test this by using a variety of avatars to help the board determine what is acceptable avatars and what is not based on what happens with the admin review of his Beck avatar.
     
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  3. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    "so I was responding to the post
    with quotes from newspaper articles and semi reliable sources."

    It doesn't matter how reliable or in the newspaper, that does not make it non-political or OK! It doesn't change things that you don't like to be edited, it will continue, the only way to have it your way is the website I mentioned....or PM administrator Peter or Doug and get him to change it. jim
     
  4. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    If you want to risk infractions or ban, I can't stop you. I highly recommend you do not. Jim
     
  5. Jason.A

    Jason.A Active Member

    I want to help the board determine a clear policy on what is or is not acceptable. So we'll start with this.
     
  6. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    The clear policy is that it is the administrators concern and not yours. In the past when avatar rebellions took place the administration used their power to lock a member's avatar to one they picked.
     
    midas1 likes this.
  7. Jason.A

    Jason.A Active Member

    No, it is my concern. It is every member's concern to know what the rules are, why they exist, and how they are applied. We need to know what they are and how they work so we can follow them. We also need to know that they are fair and applied equally so that we can feel a part of this community. If the rules are unequal and unfair, people will leave the forum.
     
  8. Nathan401

    Nathan401 Supporter! Supporter

    Apologies.
     
  9. Jason.A

    Jason.A Active Member

  10. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Good! All of us ,have personal likes and dislikes in the areas not allowed for discussion that we have to put away on this forum. I have to laugh sometimes when a member accuses me of being this belief or that belief, and 90% of the time they are wrong, perhaps as they can not see anyone , except the opposition removing it. As I have said before I understand what Peter and Doug want here, as I am sure they have their own beliefs on these areas, they insist on strong restriction on these areas. Peter even purchased a second website to move those areas off for members here so they didn't violate our rules. Most don't use it. Sometimes I think some members just want to be rebels like they were 40 years ago in college, they live on the notoriety , since there is no pill for that IMO :) Jim
     
  11. -jeffB

    -jeffB Greshams LEO Supporter

    Ageist!

    Able-ist!
     
  12. Michael K

    Michael K Well-Known Member

  13. Santinidollar

    Santinidollar Supporter! Supporter

    $6,008. How long is this pump and dump going to continue?
     
    Last edited: Aug 14, 2018
  14. ToughCOINS

    ToughCOINS Dealer Member Moderator

  15. Clawcoins

    Clawcoins Well-Known Member

    6112

    I'm glad I sold out last fall.
    quite a rise unseen by many investments I've ever worked on.
     
  16. Michael K

    Michael K Well-Known Member

    If there is a resistance (I doubt it) we would see some kind of support at 5,000.
     
  17. Clawcoins

    Clawcoins Well-Known Member

    The one thing I couldn't figure out with Crypto is how do you determine resistance, or fair value?

    I was day trading in it and making some money, but it's not really based on anything concrete? How does one determine it's actual value ?? There's no revenue stream, no standard financials related to it like a stock/fund.

    It just kinda exists.
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    It exists because one buys on the hope you can sell it to someone higher. That’s it and it alone.
     
  19. Bert Gedin

    Bert Gedin Well-Known Member

    Thanks, Tyler, for wishing us a wonderful April Fool's Day. The Bad News is - the joke's on you. April Fool's Day was celebrated over 4 months ago !!! :wacky:
     
  20. Michael K

    Michael K Well-Known Member

    The first post is from 5 years ago.
    $6,050.03
     
  21. Lesbian Cow

    Lesbian Cow Member

    Hello everyone! I see the convesation got all kinds of sidetracked with politics and other nonsense Quick update:

    I understand the OP was an April Fools joke but the OP was April 1, 2013. BTC was approximately 100 usd / btc (https://www.forbes.com/sites/timoth...ated-history-of-bitcoin-crashes/#2a41cc6c4039)

    Let's say the original poster of this thread just dipped his toes into btc and sold one ounce of gold and put the proceeds in bitcoin. Spot gold was 1,380 USD per ounce, so spot for spot OP would have 1380/100 = 13.8 btc at time of original post. Current value is 13.8 btc x 6734 usd = 92,929 USD. Now there was no guarantee that would work out, and there was definitely big risk he would lose his 1380 usd, and he could have panic sold 3 weeks later on the crash to 50. But if it was an amount he could afford to lose and he just tucked it away, oh my.

    The ounce of gold is currently worth 1,206 usd
     
    midas1 likes this.
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