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REPORT ABUSIVE REPLY
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Message Subject
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Goldtard/Cryptotards we Ride
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Poster Handle
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Anonymous Coward |
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Post Content
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[ link to www.marketwatch.com (secure)] Is gold on the verge of breaking out? Gold’s move is much more likely to have staying power than bitcoin, say analysts Published: Jan 20, 2018 3:14 p.m. ET you are just basing that fact off track record BTC has been here OVER 9 Years !! Gold? What, like only 6,000 years ? Pffft... Gold outlast BTC HA !! There are a few issues with bitcoin, chief are the power requirements to mine the remaining bitcoins and the power requirements for clearing them for any size transaction. When it costs $50 to process a bitcoin transaction it doesn't make much sense for any purchase less than say $1,000. The other issue with bitcoins is that all transactions are transparent in the database, some people like their privacy. Crypto-money standards just deal in physical amount of metal so a transaction is recorded for a certain amount of metal but it doesn't record where it went or what it was used to purchase. I don't think you want all your purchase history available for anyone to see like your boss or insurance company.
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