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<p>[QUOTE="icculus, post: 1587408, member: 41612"]Sometimes its fun when these old threads get bumped. Gives me a chance to read some things I missed before I joined. Anyway, with respect to the following</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Lehigh96, please don't take offense to this but you kinda destroyed your investment argument with your own example. It depends on what numbers you use but lets low ball and say 2% inflation per year during that time period. That means from June 02 - Nov 11 you held the coin for the 9+ years and would have needed to realize about $860 just to break even. That's a terrible investment. If you had sold it for $850 I might could have let you slide on calling it a hedge or a protection of wealth but investment; no. All you did was get almost decades worth of enjoyment out of it for a fee. If you enjoyed it while you had it though there is nothing wrong with that. Heck it's cheaper than booze <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="icculus, post: 1587408, member: 41612"]Sometimes its fun when these old threads get bumped. Gives me a chance to read some things I missed before I joined. Anyway, with respect to the following Lehigh96, please don't take offense to this but you kinda destroyed your investment argument with your own example. It depends on what numbers you use but lets low ball and say 2% inflation per year during that time period. That means from June 02 - Nov 11 you held the coin for the 9+ years and would have needed to realize about $860 just to break even. That's a terrible investment. If you had sold it for $850 I might could have let you slide on calling it a hedge or a protection of wealth but investment; no. All you did was get almost decades worth of enjoyment out of it for a fee. If you enjoyed it while you had it though there is nothing wrong with that. Heck it's cheaper than booze :D[/QUOTE]
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