Discussion in 'Bullion Investing' started by Tyler, Apr 1, 2013.
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But one day in the future there will be no such thing as Bitcoin,
but there will still be silver.
One is Bitcoin, the other, gold..."
Just curious if anyone here has ever heard of Bitcoin?
Nah, we’ve switched to infomercial copy coins, where the real money is.
Edit to say welcome.
@imperial-coin, just to be clear, I think this thread was started as a joke some time back and newbs like us have kept reviving it for 67 pages.
as a joke.
I agree but we never know I guess. If I had the loose change I’d gamble on it. I admit that I don’t understand it.
Oh, we'll know eventually. We just don't know in advance, which is the knowledge that would be useful.
then you will know.
Yes it was started as a joke but the joke was on the silver crowd as usual. Silver has fallen some 50% while Bitcoin has exploded. 100 ASES converted to Bitcoin that day would be worth over a million dollars today. Left in silver it's a near $2000 loss. The silver crowd is wrong 100% of the time.
This is the siren song of everyone in a pyramid scheme before it crumbles. The people at the top of the pyramid continue extolling the virtues of the investment and those at the bottom are left broken.
You seem a little sour that you didn't convert a roll of ASES over to Bitcoin on the day you signed up at cointalk. You would be a millionaire.
I have been hearing the silver crowds "it's just about to crash" since it was $100. Meanwhile hoards of millionaires have taken millions off the table and will still have the last laugh even if it falls to $1000.
Meanwhile silver still falls short of $20 even after all the years of promises and downright lies.
Yeah those idiots are millionaires now.
I've never been pro silver as an investment. When it's low, it is a good hedge against an economic downturn. I bought silver in the 90s under $4 and Gold under $400. I did not expect to MAKE MONEY on the investments, even if I did. They had intrinsic value. A floor as a commodity is it's intrinsic value. Investors always screw up the intrinsic value of items.
A bitcoin has an intrinsic value which is about the same as that of a washer. When investors stop wetting themselves and discover these have no intrinsic value and no productive value. We'll talk.
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