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Gold/Silver/Metals VS Bitcoin?

 
Anonymous Coward
User ID: 77502037
United States
04/04/2019 05:36 PM
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Gold/Silver/Metals VS Bitcoin?
Uh. WTF happened to this generation?

Bitcoin is TERRIBLE idea.

Any electronic currency is TERRIBLE idea.

Grid dependant.

Totally trackable.

WTF is wrong with you people?

Hooray you came up with a (supposedly) unhackable digital currency...

Digital currency is a TERRIBLE idea.
Anonymous Coward (OP)
User ID: 77502037
United States
04/04/2019 05:37 PM
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Re: Gold/Silver/Metals VS Bitcoin?
We can beat the bankers without digital currency.

It's called Gold/Silver/Metals.
Anonymous Coward (OP)
User ID: 77502037
United States
04/04/2019 05:39 PM
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Re: Gold/Silver/Metals VS Bitcoin?
WTF happened to people?


Idiots.


No shit banks and governments are going to back bitcoin... It's a fucking absolute control system able to track every transactions and centrally control everything.

Idiots beyond imagination.

Wow
Anonymous Coward (OP)
User ID: 77502037
United States
04/04/2019 05:52 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Where's the push for gold back currency?
syncro

User ID: 75835116
United States
04/04/2019 06:05 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
Anonymous Coward
User ID: 77422338
Canada
04/04/2019 06:12 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
nimmerfall

User ID: 72716118
United States
04/04/2019 06:24 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Uranium FTW.
"Do you believe in an afterlife?" the gunslinger asked him as Brown dropped three ears of hot corn onto his plate.

Brown nodded. "I think this is it."
Big Duke6

User ID: 71862
Canada
04/04/2019 07:07 PM

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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


... but down to zero
Anonymous Coward
User ID: 77529424
United States
04/04/2019 07:19 PM
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Re: Gold/Silver/Metals VS Bitcoin?
When SHTF bitcoin is going to zero.
Anonymous Coward
User ID: 77422338
Canada
04/04/2019 07:31 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


... but down to zero
 Quoting: Big Duke6


Fiat will hit zero before BTC
Anonymous Coward
User ID: 77422338
Canada
04/04/2019 07:31 PM
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Re: Gold/Silver/Metals VS Bitcoin?
When SHTF bitcoin is going to zero.
 Quoting: Anonymous Coward 77529424


Just like every other asset class outside of bullion, maybe.
syncro

User ID: 75835116
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04/04/2019 07:39 PM
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Re: Gold/Silver/Metals VS Bitcoin?
When SHTF bitcoin is going to zero.
 Quoting: Anonymous Coward 77529424


The blockchain is off-planet. It can likely out-survive the world.
Anonymous Coward
User ID: 77395628
United States
04/04/2019 09:58 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Bitcoin is gay as fuck


97% owned by small group of people.

Sketchy code created by small group of people.

100% trackable.

Electricity dependant.

Device dependant.

Unstable pump and dump scams constantly.

Zero intrinsic value

Bad for environment mining coins

The epitome of waste

There's a thousand.fucking reason it's gay as fuck.

Enjoy your faggy 100% tracable grid dependant electronic centrally controlled currency. Oh you don't think it's centrally controlled? See point 1 again
Anonymous Coward
User ID: 77523223
United States
04/04/2019 10:06 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Bitcoin is gay as fuck


97% owned by small group of people.

Sketchy code created by small group of people.

100% trackable.

Electricity dependant.

Device dependant.

Unstable pump and dump scams constantly.

Zero intrinsic value

Bad for environment mining coins

The epitome of waste

There's a thousand.fucking reason it's gay as fuck.

Enjoy your faggy 100% tracable grid dependant electronic centrally controlled currency. Oh you don't think it's centrally controlled? See point 1 again
 Quoting: Anonymous Coward 77395628


hesright
Anonymous Coward
User ID: 77523223
United States
04/04/2019 10:07 PM
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Re: Gold/Silver/Metals VS Bitcoin?
in SHTF and one day you need your grass cut , i will do it but not for BITCOIN ! lol ... will have to be gold
Anonymous Coward
User ID: 73364948
United States
04/04/2019 10:31 PM
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Re: Gold/Silver/Metals VS Bitcoin?
DIVERSIFY!


I got metals, stocks, cryptos, real estate, and art.....why does it have to be one or the other?....remember "don't put all your eggs in one basket?".....
Anonymous Coward
User ID: 75716984
United States
04/04/2019 10:37 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


... but down to zero
 Quoting: Big Duke6


Fiat will hit zero before BTC
 Quoting: Anonymous Coward 77422338


No it won't, retard. But do keep making up lies in hopes of getting people to buy in so you can make up your loss.

People into guns, PMs and land = smart

People like you = idiots
Anonymous Coward
User ID: 75716984
United States
04/04/2019 10:39 PM
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Re: Gold/Silver/Metals VS Bitcoin?
When SHTF bitcoin is going to zero.
 Quoting: Anonymous Coward 77529424


The blockchain is off-planet. It can likely out-survive the world.
 Quoting: syncro


wtfdid

rofl5

Does anyone believe these idiots?
Anonymous Coward
User ID: 75716984
United States
04/04/2019 10:41 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Bitcoin is gay as fuck


97% owned by small group of people.

Sketchy code created by small group of people.

100% trackable.

Electricity dependant.

Device dependant.

Unstable pump and dump scams constantly.

Zero intrinsic value

Bad for environment mining coins

The epitome of waste

There's a thousand.fucking reason it's gay as fuck.

Enjoy your faggy 100% tracable grid dependant electronic centrally controlled currency. Oh you don't think it's centrally controlled? See point 1 again
 Quoting: Anonymous Coward 77395628


hesright
 Quoting: Anonymous Coward 77523223


putin-thiss
syncro

User ID: 75835116
United States
04/04/2019 10:49 PM
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Re: Gold/Silver/Metals VS Bitcoin?
When SHTF bitcoin is going to zero.
 Quoting: Anonymous Coward 77529424


The blockchain is off-planet. It can likely out-survive the world.
 Quoting: syncro


wtfdid

rofl5

Does anyone believe these idiots?
 Quoting: Anonymous Coward 75716984


It's on satellites man. The zombies can't get the satellites. Where else in space is the blockchain? Probably the moon and mars.



Last Edited by syncro on 04/05/2019 10:33 AM
Hibodharma

User ID: 29725340
Canada
04/04/2019 11:03 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Bitcoin is okay
But XRP is better
free man
Anonymous Coward
User ID: 77530640
Australia
04/04/2019 11:13 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Bitcoin is gay as fuck


97% owned by small group of people.

Sketchy code created by small group of people.

100% trackable.

Electricity dependant.

Device dependant.

Unstable pump and dump scams constantly.

Zero intrinsic value

Bad for environment mining coins

The epitome of waste

There's a thousand.fucking reason it's gay as fuck.

Enjoy your faggy 100% tracable grid dependant electronic centrally controlled currency. Oh you don't think it's centrally controlled? See point 1 again
 Quoting: Anonymous Coward 77395628


yet, amazingly, you never heard of any organization or government against Cryptos for their waste of energy and pollution, same with 5G,

you hear of cows farting(only in US! eating gmo grains instead of grass) but you never hear about fracking
Anonymous Coward
User ID: 76760905
United States
04/04/2019 11:52 PM
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Re: Gold/Silver/Metals VS Bitcoin?
Uh. WTF happened to this generation?

Bitcoin is TERRIBLE idea.

Any electronic currency is TERRIBLE idea.

Grid dependant.

Totally trackable.

WTF is wrong with you people?

Hooray you came up with a (supposedly) unhackable digital currency...

Digital currency is a TERRIBLE idea.
 Quoting: Anonymous Coward 77502037


Digital currency may be a terrible idea, but crypto-money is a good idea.

Consider than nearly 20 states in the US have passed laws making gold and silver legal tender. Then consider that it is possible for any encrypted blockchain to be build on a known reserve of gold or silver.

With this system administered by state treasuries it is possible for a person to deposit say 10 grams of gold into the repository and in return receive 10 grams of equivalent crypto-money. If they want the physical metal then they can exchange their digital units for physical metal.

It would be 100% fungible, the digital units would then be exchangeable for other crpyto-units with other states participating in the system since it is based on physical gold or silver.

The limiting factor of course is energy required to operate the system. So a transaction fee would have to be applied by the state to operate the system. But clearly this system has the potential to replace the banks accounting system.

Loans could still be accomplished by private banks but the lending would be 100% secured lending, they could not lend out more metal than they have in reserve. Also, with this system it's possible to create gold or silver bills of credit.

Again, if we are at peak energy then this system would be in jeopardy, but all of our modern technology is under the same risk of failure if our energy sources become astronomically expensive to operate. In that situation gold and silver are still stored energy, they have already been mined, refined and cast into gold or silver bars, coins and ingots.
Anonymous Coward
User ID: 77041255
France
04/13/2019 04:16 AM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


Maybe you are just too fuckin stupid to understand what will happen in a grid down, or SHTF situation.

You think Bitcoin "isn't going anywhere"?

It could vanish overnight.
Anonymous Coward
User ID: 77041255
France
04/13/2019 04:18 AM
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Re: Gold/Silver/Metals VS Bitcoin?
Precious metals are an insurance policy against an apocalypse, otherwise a crappy investment. Cryptos are at the forefront of a mass adoption phase. Diversity is good.
 Quoting: syncro


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


... but down to zero
 Quoting: Big Duke6


Fiat will hit zero before BTC
 Quoting: Anonymous Coward 77422338


Which is what PM's are for.
Anonymous Coward
User ID: 77501745
Sweden
04/13/2019 04:21 AM
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Re: Gold/Silver/Metals VS Bitcoin?
Uh. WTF happened to this generation?

Bitcoin is TERRIBLE idea.

Any electronic currency is TERRIBLE idea.

Grid dependant.

Totally trackable.

WTF is wrong with you people?

Hooray you came up with a (supposedly) unhackable digital currency...

Digital currency is a TERRIBLE idea.
 Quoting: Anonymous Coward 77502037


You sound cocky, but you propose counterfeit-able means of exchange when there are today un-counterfeit-able means of exchange.

It's like version 1.0 vs version 2.0

Nothing is going to solve it anyway.

We need food, not means of exchange.
Anonymous Coward
User ID: 77501745
Sweden
04/13/2019 04:24 AM
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Re: Gold/Silver/Metals VS Bitcoin?
...


Yep

Bitcoin is the future whether you (OP) like it or not

Always hedge your bet with physical bullion, but BTC ain’t going anywhere
 Quoting: Anonymous Coward 77422338


... but down to zero
 Quoting: Big Duke6


Fiat will hit zero before BTC
 Quoting: Anonymous Coward 77422338


Which is what PM's are for.
 Quoting: Anonymous Coward 77041255


You buy on faith though.
You _believe_ you bought gold.
Anonymous Coward
User ID: 77501745
Sweden
04/13/2019 04:30 AM
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Re: Gold/Silver/Metals VS Bitcoin?
That being said, Bitcoin is a shitcoin.

There are coins that are 100.000 times more energy efficient.


But in the long run, the AI's still will take our jobs, so we should worry about how to actually produce something of worth.

Savings will only last so long.
lawnornament

User ID: 76677781
United States
04/13/2019 04:31 AM

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Re: Gold/Silver/Metals VS Bitcoin?
anyone that thinks bitcoin is a viable long term investment is retarded.

play it short like stock and win. or lose! only invest what you're willing to lose.
Anonymous Coward
User ID: 77501745
Sweden
04/13/2019 04:35 AM
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Re: Gold/Silver/Metals VS Bitcoin?
anyone that thinks bitcoin is a viable long term investment is retarded.

play it short like stock and win. or lose! only invest what you're willing to lose.
 Quoting: lawnornament


The only viable long term investment is a garden.

If the power goes, it will be total collapse mode, PM will buy you shit.
When we go into the grand solar minimum and little ice age, food will be the number one item.
lawnornament

User ID: 76677781
United States
04/13/2019 04:39 AM

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Re: Gold/Silver/Metals VS Bitcoin?
anyone that thinks bitcoin is a viable long term investment is retarded.

play it short like stock and win. or lose! only invest what you're willing to lose.
 Quoting: lawnornament


The only viable long term investment is a garden.

If the power goes, it will be total collapse mode, PM will buy you shit.
When we go into the grand solar minimum and little ice age, food will be the number one item.
 Quoting: Anonymous Coward 77501745


you're right in that you can't eat it. but all metals will always have a value. lead, iron, and copper included. in that regard a penny will out value a dollar.

good luck gardening without a shovel.