Sold of My Entire Bullion Collection In Order To Purchase BitCoins

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

  1. EdThelorax

    EdThelorax Active Member

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  3. Michael K

    Michael K Well-Known Member

    These charts don't help me as they are confusing.
    Current
    $6,261.45
     
  4. EdThelorax

    EdThelorax Active Member

    I would be more than happy to discuss charts and charting methods with crypto or any other asset class. It probably would be better done in PM.
     
  5. EdThelorax

    EdThelorax Active Member

    $7160 that's 100% in less than 3 months.
     
  6. scott schultz

    scott schultz New Member

    I just sold an 1873 $20 AU58 for $1325 on Craigslist today
     
  7. Michael K

    Michael K Well-Known Member

    This is the BitCoin thread. Unless you took the proceeds and put it in BitCoin.
     
  8. ToughCOINS

    ToughCOINS Dealer Member Moderator

    7806 right now . . .

    Retailers have broadly embraced BitCoin . . . Not!!!

    Someone out there is salting the mine.
     
  9. Michael K

    Michael K Well-Known Member

    Maybe a short term reaction to the market tanking the last couple weeks?
    But yes BC has been manipulated for the last few years.
     
  10. EdThelorax

    EdThelorax Active Member

    JMBullion and Silvergoldbull are two retailers that have embraced Bitcoin as a method of payment.
    $8020
     
  11. ToughCOINS

    ToughCOINS Dealer Member Moderator

    They were both among the first wave to accept Bitcoin, and that was over a year ago. Bitcoin has not attracted significantly more vendors since that time. That's a sure sign that it's not likely to enjoy broad-based support any time at all, let alone some time soon.
     
  12. Michael K

    Michael K Well-Known Member

    When the volatility is on the downside you can't risk selling your goods below cost.
    It's been going up recently, but from the high ($19,000?) you can't gamble your profit margin as a retailer that way.
     
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