Sold of My Entire Bullion Collection In Order To Purchase BitCoins

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

  1. Gilbert

    Gilbert Part time collector Supporter

    You obviously don’t remember what happened last time they tried to raise interest rates.
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Sure I do.....but they have to let the air out of the balloon sometime.:p
     
  4. Gilbert

    Gilbert Part time collector Supporter

    Don’t hold your breath while waiting.
     
    GoldFinger1969 likes this.
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I've watched the Fed for decades...my 1st job out of college involved "Fed Watching"....if you check out the forecasts, NOBODY is saying rates can rise earlier than late-2023.

    That sets up a potentially volatile move because of unexpected actions.
     
  6. Gilbert

    Gilbert Part time collector Supporter

    The minute they even hint that they will normalize rates the markets will tank. They have dug themselves a deep hole.
     
  7. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Sell all bitcoin and invest in BB, AMC, GME....hehehehe
     
    GoldFinger1969 likes this.
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Then they'll have to tank....back to Summer 2020 levels. :D
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    i have solidified my position in Bit Coin,
    Etherium, Bit Coin Cash as well as Lite
    Coin.

    there is a down ward trend especially on
    Bit Coin, so trying to put in as much as
    I can each week :)
     
  10. jb10000lakes

    jb10000lakes Well-Known Member

    I was at the grocery store yesterday and they had a new ATM looking unit called a Coin Cloud, and literally, it was a BitCoin investment tool. Depending on how much you wanted to purchase, you had to have some sort of legal ID to buy over certain amounts. It even had a digital readout as to the "current" value per bitcoin in USD blazoned across the front.
     
  11. longshot

    longshot Enthusiast Supporter

    Bitcoin's working back up, 34,200 currently.

    Edit: Hit 38,040 overnight before backing off some.
     
    Last edited: Jan 29, 2021
  12. longshot

    longshot Enthusiast Supporter

    Ethereum is putting in a new high.
     
  13. Rassi

    Rassi #GoCubs #FlyTheW #WeAreGood

  14. longshot

    longshot Enthusiast Supporter

    Bitcoin: 38250. Up 12% last month.
    Etherium: 1720. Up 55% last month.
    Dogecoin: .0458. Up 357% last month.
     
    Last edited: Feb 5, 2021
  15. longshot

    longshot Enthusiast Supporter

    So Tesla bought $1.5 billion in bitcoin, new highs in the crypto today.
    Bitcoin: $44,000
    Ethereum: $1,720
    Dogecoin: $.085
     
  16. -jeffB

    -jeffB Greshams LEO Supporter

    Ah, yes, Doge. Started as a joke, intended as a joke. Still is -- but comedians can be really well-paid if they get popular.
     
    longshot likes this.
  17. -jeffB

    -jeffB Greshams LEO Supporter

    In that case, I think I'll wait for menopause.
     
  18. -jeffB

    -jeffB Greshams LEO Supporter

    If the market can remain irrational longer than you can remain solvent, surely the Fed can do the same?
     
  19. baseball21

    baseball21 Well-Known Member

    Wouldn't hold my breath on that one. Elon Musk just bought 1.5 billion worth today
     
  20. Michael K

    Michael K Well-Known Member

    It's over $44,000.
    That's a lot of money for something that is completely worthless.
     
  21. baseball21

    baseball21 Well-Known Member

    It's not completely worthless no matter how many times some of you guys say it
     
    longshot, -jeffB and slackaction1 like this.
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