Sold of My Entire Bullion Collection In Order To Purchase BitCoins

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

  1. -jeffB

    -jeffB Greshams LEO Supporter

    And some questionable ones:

    Cute, but untrue. There are a nearly unlimited number of things that might go up 50x. For nearly all of those, I don't have 98% conviction that it's not going to happen -- because I don't know enough about them, and never will, except in hindsight.

    It seems like you could rephrase that quote to say "if you have 2% conviction that an item will go up 50x, you must put money into it." But that's not saying the same thing. I don't have 2% conviction that Bitcoin will soar, and I don't have 98% conviction that it won't. This is not a horse race, with publicly posted odds. It's a complex, muddy, real-world situation, replete with hidden information.

    I'll grant your assertion that Forbes is "mostly garbage", because I have the impression that it's becoming a forum for random and unvetted contributions. This particular piece reads to me like a sales pitch. That puts me into defense mode, even more than I typically am when reading Forbes.
     
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  3. Lesbian Cow

    Lesbian Cow Member

    4284 USD = 1 BTC :). This dead cat has some bounce in her. My sells are now all between 46xx and 50xx from purchase at 40xx
     
  4. Michael K

    Michael K Well-Known Member

  5. Santinidollar

    Santinidollar Supporter! Supporter

  6. Michael K

    Michael K Well-Known Member

  7. mikem2000

    mikem2000 Lost Cause

    Yikes.... Run Fast Run far... BC is dead
     
  8. Michael K

    Michael K Well-Known Member

  9. Michael K

    Michael K Well-Known Member

  10. Lesbian Cow

    Lesbian Cow Member

    3608, oh no, it definitely dead this time.
     
  11. Michael K

    Michael K Well-Known Member

  12. ToughCOINS

    ToughCOINS Dealer Member Moderator

  13. Santinidollar

    Santinidollar Supporter! Supporter

    Weird investment times. 90 minutes into trading today, the Dow was down 799. It closed down only 79.:wacky:
     
  14. Michael K

    Michael K Well-Known Member

    I blame computer (automated) trading for those wild swings.
    Bitcoin 3605
     
  15. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Bitcoin currently at $3393.62 according to coinmarketcap.com.
     
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

  17. -jeffB

    -jeffB Greshams LEO Supporter

    Get ready to move the decimal point!
     
  18. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I know the answer, but some may actually ask, "which way"?
     
  19. ToughCOINS

    ToughCOINS Dealer Member Moderator

  20. -jeffB

    -jeffB Greshams LEO Supporter

    left-turn-only.png

    (I kid; I know there's a good chance BTC could go back to five figures, maybe six. No reason, but a good chance. Just not good enough to put money on it. Three figures seems much more likely.)
     
  21. Michael K

    Michael K Well-Known Member

    I'm showing a spike up.
    3510
     
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