Sold of My Entire Bullion Collection In Order To Purchase BitCoins

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

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I believe you mistook my quoted statement as referencing Facebook (planning to launch Libra) when, in fact, I was referring to AT&T (and their acceptance of payments in BitCoin).
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  3. midas1

    midas1 Exalted Member

    Yes, I thought you were referencing Libra. Sorry.
    I think the whole cryptocurrency thing is getting pretty nutty.
  4. midas1

    midas1 Exalted Member

    It appears he wants to ditch is "Goldcollector" username:
  5. Mkman123

    Mkman123 Well-Known Member

    Hey goldcollector, quit dodging garlicus and pay him his money back. Get out of here scammer!!! Quit pretending things never happen!!!
  6. Nathan401

    Nathan401 Quis custodiet ipsos custodes? Supporter

    I think BitCoin is in for a serious run. All the big banks and investors are scooping up BitCoins BIGTIME.
  7. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Where do you see evidence of that?
  8. EdThelorax

    EdThelorax Well-Known Member

    The easy part is over.
  9. Nathan401

    Nathan401 Quis custodiet ipsos custodes? Supporter

  10. Nathan401

    Nathan401 Quis custodiet ipsos custodes? Supporter

    Random article. There are lots of them.
  11. ToughCOINS

    ToughCOINS Dealer Member Moderator

    The article hardly claims that "all" the big banks and investors are scooping up BitCoin. In fact, it only speaks to three completed "Big Time" trades, and a fourth in process right now.

    That is most certainly not supportive of the statement you made.

    In all likelihood, these are deep pocket speculators, hoping to influence the trajectory of BitCoin long enough to bail out with a king's ransom, while leaving others holding the bag.
    Marshall likes this.
  12. Nathan401

    Nathan401 Quis custodiet ipsos custodes? Supporter

    I just linked a single random article out of many. I’m not an expert, just a guess. We’ll all know for certain soon enough.
  13. -jeffB

    -jeffB Greshams LEO Supporter

    So, who's going to post the annotated chart showing the twelve-hour tumble from $13800+ to $10400-? Especially that one ten-minute stretch where it dropped by $1800?
  14. CoinCorgi

    CoinCorgi Derp, derp, derp!

    Not me.
    midas1 likes this.
  15. EdThelorax

    EdThelorax Well-Known Member

    You can see a 10% drop in one minute. Bticoin can be leveraged and traded with algorithms. Anyone familiar with stock options knows all about volatility. These moves prevent short traders from having a chance to jump in. The bigger picture still shows short term short trade opportunities.


    Short now, or for confirmation on a break of the orange.
    Stop Loss at the blue.
    Targets in red.
    Cautious long above green only.
    Last edited: Jun 29, 2019
  16. EdThelorax

    EdThelorax Well-Known Member

    First and second targets hit,
  17. EdThelorax

    EdThelorax Well-Known Member

  18. TheMont

    TheMont Well-Known Member

    I thought about doing the same thing only with the numbered Plate Block Stamps. Stamp collecting is on the rise, so I figured the best investment would be those four stamps from the bottom of the sheet with the number on it. If worst comes to worst, I can always put them on my emailed letters.
    HawkeEye and Ima Dragon like this.
  19. Kentucky

    Kentucky Supporter! Supporter

    Yeah, I see stuff like this on e-bay for 80 cents on the dollar.
    HawkeEye and Ima Dragon like this.
  20. HawkeEye

    HawkeEye 1881-O VAMmer Supporter

    Hopefully for the Bitcoin advocates the tulips will stay in bloom. I will stick with gold and silver. Slow and steady always wins in the end.
    Ima Dragon likes this.
  21. Marshall

    Marshall Junior Member

    There will always be Snake Oil.
    There will aways be Ponzi Schemes,
    There will aways be extortion/protection rackets.
    There will always be the next big thing-that isn't.

    Older people have a little more wisdom about these things if we can remember what we've experienced.
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