and then, what is the "commercial firm" that it accept "metal money" ?
the banks.
Topic: Convince me why I should or shouldn't convert all my Silver to BTC - page 3. (Read 3913 times)
April 16, 2014, 05:22:25 PM
buy some metal money is useless ... how can you buy online with physical metal ?
and then, what is the "commercial firm" that it accept "metal money" ?
the banks.
and then, what is the "commercial firm" that it accept "metal money" ?
the banks.
April 16, 2014, 05:19:53 PM
Because people who sell their btc while it's hot would benefit from your tiny influx of money
You will make someone happier by a little amount
You will make someone happier by a little amount
April 16, 2014, 05:18:08 PM
I got about $25k(a large portion of my net worth) sitting in silver and I just don't see it outperforming Bitcoin in the near future. I can afford to lose it all. What would you do?
Put every penny into Bitcoin. Do it TODAY, bitcoin is going to skyrocket again VERY soon.Immediately transfer the wealth to cold storage or, if you have supreme confidence in your long term memory, directly in your mind.
Wait 3-5 years. Retire to a life of luxury. You're welcome.
April 16, 2014, 05:16:34 PM
You shouldn't because safe-keeping silver is what you know. Do you know how to safe-keep bitcoin? If not don't buy yet.
You shouldn't because government doesn't know about your silver. Do you know how to protect your privacy and anonymity, relating to bitcoin?
You shouldn't because you believe there is a good chance of an TEOTWAWKI event in which silver over bitcoin would be the money of choose.
Otherwise sell that shit and hop on the rocket to the moon!
my .00000002
THIS!!!
You shouldn't because government doesn't know about your silver. Do you know how to protect your privacy and anonymity, relating to bitcoin?
You shouldn't because you believe there is a good chance of an TEOTWAWKI event in which silver over bitcoin would be the money of choose.
Otherwise sell that shit and hop on the rocket to the moon!
my .00000002
On a slightly more constructive note read the following blog posts by Erik Voorhees: http://evoorhees.blogspot.nl/2012/04/bitcoin-libertarian-introduction.html If that doesn't convince you don't buy Bitcoin.
THIS!!!
April 16, 2014, 05:14:33 PM
If you need convincing, then you shouldn't do it.
Bitcoin is a highly volatile, experimental new protocol currently in a perpetual "beta test" phase.
Either it's something you've looked into and decided is worth the risk (in which case you don't need any "convincing"), or you aren't ready yet (in which case you should take more time to learn, understand, and decide how you feel about the future prospects of it).
Anything else is just gambling. If you want to do that, cash in your silver and go to Las Vegas.
Bitcoin is a highly volatile, experimental new protocol currently in a perpetual "beta test" phase.
Either it's something you've looked into and decided is worth the risk (in which case you don't need any "convincing"), or you aren't ready yet (in which case you should take more time to learn, understand, and decide how you feel about the future prospects of it).
Anything else is just gambling. If you want to do that, cash in your silver and go to Las Vegas.
April 16, 2014, 05:13:03 PM
Why not start slow and do a 20-30% conversion. If the pundits are right, the dollar is going to crash and silver will go up for sure if that happens. We don't know if Bitcoin will be hurt or helped by the crash of the dollar, though my guess would be that Bitcoin will get a boost.
April 16, 2014, 05:11:26 PM
If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry. - Satoshi Nakamoto, July 29, 2010
On a slightly more constructive note read the following blog posts by Erik Voorhees: http://evoorhees.blogspot.nl/2012/04/bitcoin-libertarian-introduction.html and http://evoorhees.blogspot.nl/2013/05/bitcoin-2013-role-of-bitcoin-as-money.html . If that doesn't convince you don't buy Bitcoin.
On a slightly more constructive note read the following blog posts by Erik Voorhees: http://evoorhees.blogspot.nl/2012/04/bitcoin-libertarian-introduction.html and http://evoorhees.blogspot.nl/2013/05/bitcoin-2013-role-of-bitcoin-as-money.html . If that doesn't convince you don't buy Bitcoin.
April 16, 2014, 05:10:21 PM
Do it. Bitcoin will either go to (virtually) zero, or be worth MASSIVELY more than it is today. There's just no other alternative.
legendary
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Core dev leaves me neg feedback #abuse #political
April 16, 2014, 05:09:10 PM
April 16, 2014, 05:06:43 PM
I got about $25k(a large portion of my net worth) sitting in silver and I just don't see it outperforming Bitcoin in the near future. I can afford to lose it all. What would you do?
fyi
I'm young.
I have virtually no living expenses and no debts.
I understand risk and volatility and am comfortable with it. If i lose it all I won't be killing myself.
The way I see it, if Bitcoin crashes to 0 my life situation does not change. If it booms however, my life situation has to potential to change dramatically. win/win right?
fyi
I'm young.
I have virtually no living expenses and no debts.
I understand risk and volatility and am comfortable with it. If i lose it all I won't be killing myself.
The way I see it, if Bitcoin crashes to 0 my life situation does not change. If it booms however, my life situation has to potential to change dramatically. win/win right?
You answered it yourself. You won't "kill yourself" if you a large portion of your investment, but you would enjoy the massive returns that Bitcoin has to offer. You won't gain anything like that in silver.
Sounds to me like you're 99% convinced that you want to invest in Bitcoin but just want that final nudge.
Have fun!
April 16, 2014, 05:01:43 PM
I got about $25k(a large portion of my net worth) sitting in silver and I just don't see it outperforming Bitcoin in the near future. I can afford to lose it all. What would you do?
fyi
I'm young.
I have virtually no living expenses and no debts.
I understand risk and volatility and am comfortable with it. If i lose it all I won't be killing myself.
The way I see it, if Bitcoin crashes to 0 my life situation does not change. If it booms however, my life situation has to potential to change dramatically. win/win right?
fyi
I'm young.
I have virtually no living expenses and no debts.
I understand risk and volatility and am comfortable with it. If i lose it all I won't be killing myself.
The way I see it, if Bitcoin crashes to 0 my life situation does not change. If it booms however, my life situation has to potential to change dramatically. win/win right?
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