Gold collapsing. Bitcoin UP. - page 1208.

wachtwoord

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Quote from: Grafzep on December 03, 2013, 08:44:50 AM

Quote from: rpietila on December 03, 2013, 08:02:48 AM

Quote from: marcus_of_augustus on December 03, 2013, 05:44:54 AM

Quote

Everyone has their price

Hehehe, i think you underestimate the new breed coming through .. this is about money but is NOT about THE money.

Hehe, who would accept fiat in exchange for delivery of silver. If they don't have BTC or silver, they better have gold. Lots of it Grin

Er, pretty much every player, every settlement day. People take profits, reinvest, diversify, pay school fees... There's a whole world out there of people making money on the opportunities and passing on the the kool-aid.

Well of course but I'm pretty sure rpietila knows this Wink

Grafzep

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Quote from: rpietila on December 03, 2013, 08:02:48 AM

Quote from: marcus_of_augustus on December 03, 2013, 05:44:54 AM

Quote

Everyone has their price

Hehehe, i think you underestimate the new breed coming through .. this is about money but is NOT about THE money.

Hehe, who would accept fiat in exchange for delivery of silver. If they don't have BTC or silver, they better have gold. Lots of it Grin

Er, pretty much every player, every settlement day. People take profits, reinvest, diversify, pay school fees... There's a whole world out there of people making money on the opportunities and passing on the the kool-aid.

rpietila

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Quote from: marcus_of_augustus on December 03, 2013, 05:44:54 AM

Quote

Everyone has their price

Hehehe, i think you underestimate the new breed coming through .. this is about money but is NOT about THE money.

Hehe, who would accept fiat in exchange for delivery of silver. If they don't have BTC or silver, they better have gold. Lots of it Grin

Grafzep

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Ha, good point. That would be the real black swan.

wachtwoord

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Quote from: marcus_of_augustus on December 03, 2013, 05:44:54 AM

Quote

Everyone has their price

Hehehe, i think you underestimate the new breed coming through .. this is about money but is NOT about THE money.

It's about wealth and power. Ain't it always? Wink

marcus_of_augustus

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Eadem mutata resurgo

Quote

Everyone has their price

Hehehe, i think you underestimate the new breed coming through .. this is about money but is NOT about THE money.

Grafzep

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Quote from: marcus_of_augustus on December 03, 2013, 05:21:03 AM

I'm not so sure ... if a determined group of crypto holders were to effect a physical short squeeze in the PM market things would get very, very interesting.

It is largely due to the unwillingness of the billionaire establishment set to take on the fiat banksters in the PM markets and dump their debt 'assets' that the wretched paper game has gone on so long.

Everyone has their price. Go play with Comex, with or without friends taking large positions, promise yourselves you'll insist on physical delivery. The price will go up to match, and they'll end up throwing money at you to go away. At some point you will.

Edit: personal specifics removed

marcus_of_augustus

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Eadem mutata resurgo

I'm not so sure ... if a determined group of crypto holders were to effect a physical short squeeze in the PM market things would get very, very interesting.

It is largely due to the unwillingness of the billionaire establishment set to take on the fiat banksters in the PM markets and dump their debt 'assets' that the wretched paper game has gone on so long.

wachtwoord

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Yup I would say the rise of crypto is a negative catalyst for PMs.

Grafzep

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Quote from: rpietila on December 03, 2013, 01:35:35 AM

But the squeeze in silver is coming, my mentors have explained that.

The squeeze in silver has been imminent for at least the 15 years since I first bought. Hell, I remember the Hunt brothers trying to help it happen. Your mentors are playing you.

justusranvier

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rpietila

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Quote from: ?? on ??

Quote from: rpietila on December 03, 2013, 01:35:35 AM

If a large fraction of BTC users will start to corner physical silver like they now corner altcoins, there will be a real short squeeze. The investment silver net flow is like +100Moz/year and cannot be increased by increasing the price. It is about the same as BTC net increase (mining) this year.

Wohoo! BTC is as big as silver. But the squeeze in silver is coming, my mentors have explained that.

yeah, it would be great if a bunch of silver lovers like me, were able to just keep stacking physical until they have to cover

im in no hurry for that, and really hope the price of silver stays low for the next 5 years at least.

i want to keep stacking

This is getting interesting. Hopefully they have a plan B for a large cash purchaser of physical silver. Otherwise there'll be fun in the exchanges Cheesy

justusranvier

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Quote from: ?? on ??

gold has been around for 4000 years, i bet it will be around 4000 more

Horses were the primary form of land transportation for those same 4000 years.

How much has daily life changed in the last 100 years, to say nothing of the last 4000?

rpietila

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Quote from: tvbcof on December 02, 2013, 11:54:13 PM

Quote from: cypherdoc on December 02, 2013, 11:05:51 PM

...
all i see is someone continually buying silver dips only to be handed a bloody knife.

That was the strategy I used to acquire every BTC I own. Worked for me.

If a large fraction of BTC users will start to corner physical silver like they now corner altcoins, there will be a real short squeeze. The investment silver net flow is like +100Moz/year and cannot be increased by increasing the price. It is about the same as BTC net increase (mining) this year.

Wohoo! BTC is as big as silver. But the squeeze in silver is coming, my mentors have explained that.

oakpacific

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Quote from: ?? on ??

Quote from: User705 on December 03, 2013, 12:36:36 AM

Quote from: ?? on ??

...
when i asked about the 100 kg bar for btc, that was not exactly a joke. like i said, i bet gold and silver will out last btc and ltc as money. its just smart to take some profits.

What's this heresy?

You trying to drive the rate down?

gold has been around for 4000 years, i bet it will be around 4000 more

that being said im 95% of wealth in crypto

Until the day when we can create matters out of vacuum from the waste energy generated by miners. Wink

User705

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First 100% Liquid Stablecoin Backed by Gold

Quote from: ?? on ??

...
when i asked about the 100 kg bar for btc, that was not exactly a joke. like i said, i bet gold and silver will out last btc and ltc as money. its just smart to take some profits.

What's this heresy?

You trying to drive the rate down?

cypherdoc

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Quote from: ?? on ??

Quote from: cypherdoc on December 02, 2013, 11:46:17 PM

Quote from: ?? on ??

i dont know when i first posted in this thread and keep in mind my first account was in 2010. this is my trolling account.

also i thought gold was going to go down when you were posting in here i sold most of my physical at $33, paper was a lot lower.

i told you i bought some back in at $19 and was not sure if it would hold. I then just recently bought more at about $20 and still dont know if $18 will hold, but really i don't care.

i don't hold 1% of my wealth in gold/silver and i have more gold and silver now than i ever did before.

i think i will sooner or later try to get it up to 5% but its going to take a while, i cant buy that much that fast with out all sorts of questions from irs and what not.

when i asked about the 100 kg bar for btc, that was not exactly a joke. like i said, i bet gold and silver will out last btc and ltc as money. its just smart to take some profits.

i recall you saying you bought some silver @ 22, no?

why would irs care about how much you buy now? all they care about is knowing when you sell to tax profits.

yeah i did get some silver at $22 but that was from family. that was only like $80,000. i bought some gold at whatever it was then too, a bit higher than i really wanted but with family i dont really care esp if it is not much.

all i'm saying is you make it sound as if you were right here by my side fighting gold bugs during their whole ride down when in fact you weren't and you were no where to be found.

as the #3 poster on these forums and the moderator of this thread i'm pretty aware of who has what viewpoints.

tvbcof

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Quote from: cypherdoc on December 02, 2013, 11:05:51 PM

...
all i see is someone continually buying silver dips only to be handed a bloody knife.

That was the strategy I used to acquire every BTC I own. Worked for me.

cypherdoc

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Quote from: ?? on ??

i dont know when i first posted in this thread and keep in mind my first account was in 2010. this is my trolling account.

also i thought gold was going to go down when you were posting in here i sold most of my physical at $33, paper was a lot lower.

i told you i bought some back in at $19 and was not sure if it would hold. I then just recently bought more at about $20 and still dont know if $18 will hold, but really i don't care.

i don't hold 1% of my wealth in gold/silver and i have more gold and silver now than i ever did before.

i think i will sooner or later try to get it up to 5% but its going to take a while, i cant buy that much that fast with out all sorts of questions from irs and what not.

when i asked about the 100 kg bar for btc, that was not exactly a joke. like i said, i bet gold and silver will out last btc and ltc as money. its just smart to take some profits.

i recall you saying you bought some silver @ 22, no?

why would irs care about how much you buy now? all they care about is knowing when you sell to tax profits.

oakpacific

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Quote from: cypherdoc on December 02, 2013, 11:05:51 PM

Quote from: ?? on ??

i will admit im a risk taker and i have made some good calls.

people thought it was crazy when i left school the first time. but it was great, made some money and then later went back. and while i was at school did the gold and oil thing. then i suspect gold and silver were going to correct and as luck would have it, crypto was right here.

i still think we might lose 35% more in gold and silver but i dont care, holding some silver and land is just smart. im now thinking about generations after me more than myself. crazy thing to do at 30 and yeah its been an odd life.

iv had so much good luck (golden cock thing) that i just sort of expect the worst. hitting heads so many times in a row will make a guy start to wonder about things. lol

about that gold thing, everyone thought i was nuts but i knew i was right. i even called the housing collapse, got my parents to sell just in time and got them into gold...

honestly i for a while thought i might have been insane as the gold thing just look so clear as day to me that i could not understand why others did not see the same thing, even after i showed them my logic. took me a few years of wondering if i was insane or not but now i think im pretty sane but still. i cant be the only one lol

is that right?

i don't recall even seeing you in this thread until the last year or so. and you certainly were no where to be seen the latter half of 2011 when i was engaging in hand to hand combat with the gold bugs after my first gold thread started in 8/2011.

all i see is someone continually buying silver dips only to be handed a bloody knife.

He was around, just not so much into the speculation board I guess.

He was infamously a GLBSE passthrough, who along with his customers lost something like 10,000 BTCs to pirateat40, so I would not be too surprised if he has still kept quite a few to himself.

Also this is BTC speculation board, his LTC investment otoh could be considered wildly successful, and pretty much everyone knows he get involved with ASICMINER from very early on.

Topic: Gold collapsing. Bitcoin UP. - page 1208. (Read 2032266 times)