Nice FUD you made there. Do you work for the Fed?
I have high speed internet at home since 12 years. I read the internet. See my twitter page below for more.....
Topic: Buy 1 ounce Silver. End the Fed - page 2. (Read 387 times)
I have high speed internet at home since 12 years. I read the internet. See my twitter page below for more.....
In 2012, there were lots of internet talks "Buy 1 ounce silver. End the Fed" then Silver fell to $9/ounce
Bitcoin has the same story with all the anti-government and anonymous talks.
Bitcoin has the same story with all the anti-government and anonymous talks.
Nice FUD you made there. Do you work for the Fed?
This is whats going to happen. Bitcoin and other cryptocurrencies with good fundamentals will see a bull market that we have not seen before conquering the world like how the technology companies did, and "End the Fed" at the same time.
Ty.
In 2012, there were lots of internet talks "Buy 1 ounce silver. End the Fed" then Silver fell to $9/ounce
Bitcoin has the same story with all the anti-government and anonymous talks.
Bitcoin has the same story with all the anti-government and anonymous talks.
I see the parallel that you are pointing out. There is a big difference between the two, however. Silver is a small market that is easily controlled by a small group of players. With a market cap of 52 billion US, it can be manipulated on forward contracts with the creation of "paper ounces" and sold short.
The crypto-market (to which I assume you refer because "anti-government and anonymous talks" are directed at all cryptos, not just BTC)
is huge in comparison at almost 400 billion at the time of this writing. This market is relatively hard to control by a small group of players.
Also, a slump in cryptos wont last a decade the way it does in precious metals. It hasn't even been around for a decade.
From a free market perspective, I have more faith in crypto as a means of liquidity and even as store of value than I do in silver (or gold for that matter.)
That's just me pontificating though.
True, but we're talking about the interaction of many players here, as opposed to to a "fix" by a hand-full of bullion banks.
Crypto is not so easily manioulated by a group of shadow rich guys frome above. So I think crypto is not like that.
In 2012, there were lots of internet talks "Buy 1 ounce silver. End the Fed" then Silver fell to $9/ounce
Bitcoin has the same story with all the anti-government and anonymous talks.
Not exactly. These two have totally different background. Why do you have to compare two totally different things with totally different nature? Bitcoin is volatile. Silver is not. Bitcoin has the same story with all the anti-government and anonymous talks.
Well, you just valued the crypto you sold in terms of fiat--just like everyone does, and for good reason. If not many merchants accept bitcoin, and the ones that do price everything in terms of fiat, there's no real way 1BTC has any meaning by itself.
Only this forum values 1BTC for 1BTC. Everyone else,values it in fiat. I don't think metals are a great investment, even though they've been beaten down to the point where you might think they're cheap enough to buy. But hey, I hope you make money and I do see the appeal of owning some nice coins or bullion. Having something physical representing wealth has an allure to it that is absent with bitcoin.
Alternative: Buy physical bitcoins made out of metals 
yes 100% sure:
I was able to sell 100% pure 3 ounces Silver coin without a purchase's receipt. That is the trust bullion dealers have in 100% pure gold and silver.
I think that in time this will become the case with cryptocurrencies. They just need some time to be adopted by the majority.
In 2012, there were lots of internet talks "Buy 1 ounce silver. End the Fed" then Silver fell to $9/ounce
Bitcoin has the same story with all the anti-government and anonymous talks.
Bitcoin has the same story with all the anti-government and anonymous talks.
I see the parallel that you are pointing out. There is a big difference between the two, however. Silver is a small market that is easily controlled by a small group of players. With a market cap of 52 billion US, it can be manipulated on forward contracts with the creation of "paper ounces" and sold short.
The crypto-market (to which I assume you refer because "anti-government and anonymous talks" are directed at all cryptos, not just BTC)
is huge in comparison at almost 400 billion at the time of this writing. This market is relatively hard to control by a small group of players.
Also, a slump in cryptos wont last a decade the way it does in precious metals. It hasn't even been around for a decade.
From a free market perspective, I have more faith in crypto as a means of liquidity and even as store of value than I do in silver (or gold for that matter.)
That's just me pontificating though.
I dumped a lot of crypto into precious metals when the BTC price was near $19k and its now $8.6k so who is the fool?
Well, you just valued the crypto you sold in terms of fiat--just like everyone does, and for good reason. If not many merchants accept bitcoin, and the ones that do price everything in terms of fiat, there's no real way 1BTC has any meaning by itself.As for buying the metals, I'm convinced that silver is going to keep oscillating around $16 for quite a while, and while I do think dumping bitcoin at $19k was a good idea, I probably would have just converted it to fiat. I don't think metals are a great investment, even though they've been beaten down to the point where you might think they're cheap enough to buy. But hey, I hope you make money and I do see the appeal of owning some nice coins or bullion. Having something physical representing wealth has an allure to it that is absent with bitcoin.
Its alot easier to securely and quickly convert large volumes from BTC -> gold -> fiat
than BTC -> fiat
I dumped a lot of crypto into precious metals when the BTC price was near $19k and its now $8.6k so who is the fool?
Well, you just valued the crypto you sold in terms of fiat--just like everyone does, and for good reason. If not many merchants accept bitcoin, and the ones that do price everything in terms of fiat, there's no real way 1BTC has any meaning by itself.As for buying the metals, I'm convinced that silver is going to keep oscillating around $16 for quite a while, and while I do think dumping bitcoin at $19k was a good idea, I probably would have just converted it to fiat. I don't think metals are a great investment, even though they've been beaten down to the point where you might think they're cheap enough to buy. But hey, I hope you make money and I do see the appeal of owning some nice coins or bullion. Having something physical representing wealth has an allure to it that is absent with bitcoin.
Edit:
Its alot easier to securely and quickly convert large volumes from BTC -> gold -> fiat
than BTC -> fiat
Lol, I'll take your word for it, since I've never had large amounts of any of them. I have ordered small amounts of metals from Provident and Veldt Gold in the past, but it wasn't much and I ended up selling what I bought eventually. I always feel like when I have silver on hand, it's money that's not working for me. than BTC -> fiat
I sell numismatic things, so I keep some silver coins, maybe almost 1kg, I treat them the same as I keep some cryptocurrency.
Because I'm sure precious metals and some crypto have a major advantage that banknote doesn't have.
Because I'm sure precious metals and some crypto have a major advantage that banknote doesn't have.
Now a days,bitcoin grow to 100% higher than a Silver.And bitcoin is considered as a precious asset as compared to the silver.Just buy the silver of 1kg and buy a bitcoin with same amount.After a month,calculate your profit on this two.You will find the answer,which is potential one.
Good thread here. Glad someone is acknowledging the idiocy of metals in 2011.
Bitcoin is also internet talks. Try speaking about Bitcoin to bank managers, businessmen, shop/store owners etc.. They earn multi-million dollars from sales of products and services. That's real business.
I disagree with the comparison of bitcoin to that silly rhetoric propagated by the precious metals crowd. I heard many of the same sentiments back in 2011-2013, and I knew it was bullshit then. And you know who those people are who wrote that crap? People who want to sell you their silver FOR FIAT. That's right, hucksters. And they were riding the wave of the metals bull market, which started to crash in 2011.
But if you think they're not saying the same things today, think again. I visit coinflation.com occasionally, and the linked articles all keep saying the same thing, repeating in a loop.
Ron Paul says buy gold
You have to own real hard assets like silver and gold
...and it just keeps going. Don't listen to any of that, that's my advice. I don't hear many of the same claims about bitcoin, and bitcoin is quite different from metals in many ways.
Good thread here. Glad someone is acknowledging the idiocy of metals in 2011.
But if you think they're not saying the same things today, think again. I visit coinflation.com occasionally, and the linked articles all keep saying the same thing, repeating in a loop.
Ron Paul says buy gold
You have to own real hard assets like silver and gold
...and it just keeps going. Don't listen to any of that, that's my advice. I don't hear many of the same claims about bitcoin, and bitcoin is quite different from metals in many ways.
Good thread here. Glad someone is acknowledging the idiocy of metals in 2011.
Kind of like the 99% of people here that have no interest in crypto and only try to hype it so they can dump at a profit into fiat.
Which is one of the most popular threads on the forum, spoiler - speculation and every thread is linked to fiat price.
Are China and Russia which are accumulating precious metals as quickly as possible doing so just to try and sell to you? - NO
Its not regulation that will kill crypto its when they hit maturity and the price stabilises. As soon as people wake up one day and realise that bitcoin isnt going to make them overnight millionaires while doing nothing but hodling they will dump en mass back into fiat.
I dumped a lot of crypto into precious metals when the BTC price was near $19k and its now $8.6k so who is the fool?
Currently a no coiner apart from some IOTA, will possibly buy back in when the time is right but I have no emotional attachment to crypto and just view it as another money making tool.
I don't why the people still compared Bitcoin with the metal.Silver has it own value and bitcoin has it own.The unique characteristics between this two is ,both of this are asset.People use to inverse their money in this two to get get some profit from it .Bitcoin is the virtual asset and silver is the solid asset.
I disagree with the comparison of bitcoin to that silly rhetoric propagated by the precious metals crowd. I heard many of the same sentiments back in 2011-2013, and I knew it was bullshit then. And you know who those people are who wrote that crap? People who want to sell you their silver FOR FIAT. That's right, hucksters. And they were riding the wave of the metals bull market, which started to crash in 2011.
But if you think they're not saying the same things today, think again. I visit coinflation.com occasionally, and the linked articles all keep saying the same thing, repeating in a loop.
Ron Paul says buy gold
You have to own real hard assets like silver and gold
...and it just keeps going. Don't listen to any of that, that's my advice. I don't hear many of the same claims about bitcoin, and bitcoin is quite different from metals in many ways.
Good thread here. Glad someone is acknowledging the idiocy of metals in 2011.
But if you think they're not saying the same things today, think again. I visit coinflation.com occasionally, and the linked articles all keep saying the same thing, repeating in a loop.
Ron Paul says buy gold
You have to own real hard assets like silver and gold
...and it just keeps going. Don't listen to any of that, that's my advice. I don't hear many of the same claims about bitcoin, and bitcoin is quite different from metals in many ways.
Good thread here. Glad someone is acknowledging the idiocy of metals in 2011.
yes 100% sure:
I was able to sell 100% pure 3 ounces Silver coin without a purchase's receipt. That is the trust bullion dealers have in 100% pure gold and silver.
I have previously sold over £50k in gold at a bullion dealer with no paper work.
I sell numismatic things, so I keep some silver coins, maybe almost 1kg, I treat them the same as I keep some cryptocurrency.
Because I'm sure precious metals and some crypto have a major advantage that banknote doesn't have.
Because I'm sure precious metals and some crypto have a major advantage that banknote doesn't have.
The federal reserves have big power in financial world. They can make world economy fever if they want. In cryptocurrency, with only $400billion market cap, we can not make the fed fever, but i think the fed can make regulation about cryptocurrency with their lobby and their financial power
yes 100% sure:
I was able to sell 100% pure 3 ounces Silver coin without a purchase's receipt. That is the trust bullion dealers have in 100% pure gold and silver.
Are you sure Silver is used in solar panels ? That is HUGE BUSINESS now worldwide.
yes 100% sure:
Quote
The average solar panel actually uses about two-thirds of an ounce of silver, which is about 20 grams. That might not sound like a lot, but at around $20 an ounce it contributes more to the cost of solar than it does to the other industrial products that use silver.
Digital photography may have disappeared but new industrial uses are being found such as solar panels.
Are you sure Silver is used in solar panels ? That is HUGE BUSINESS now worldwide.
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