When silver goes up just a bit, I'm delighted.
The BTC climbs at this staggering rate, and I have all sorts of conflicting thoughts.
The BTC climbs at this staggering rate, and I have all sorts of conflicting thoughts.
well, you know what. this thread has been all about gold but i've never taken the time to show you the difference btwn the performance of silver vs. Bitcoin since i made my exchange back in the Spring of 2011. i've made it clear that my average cost out from selling silver was $44 and that i started buying Bitcoin @ $1.60. here are the figures:
Silver: -27%
Bitcoin: +987%
Diff: +1014% advantage Bitcoin.
I think that what got a lot of us going was that by it's very title of the thread is about gold collapsing. A lot of us thought it unlikely and continue to feel it unlikely a year later. As long as it doesn't happen it makes for a long-running thread, and one of my favorites on the forum since it has touched so many subjects.
In my case, and probably most of the other readers who also have a BTC stash, your picking up for silverbox updates showing awesome Bitcoin figures are delightful. I should dig back in the thread and figure out how to do another year-over-year analysis if I were not so lazy.
An interesting artifact which is currently a little mis-leading but good propaganda would also be a Jan-1 data-point plot of USD/BTC values. It should show a pretty clean rise in BTC values since it, by happenstance, avoids the 2011 bubble. I expect that to be leveragable for mainstream purposes going forward, though it is unclear to me even when/if I will ever be (again) excited about Bitcoin cast before the public eye. The 'casting pearls before swine' concept is only a small part of my reluctance to hope for this.
. I find it impressive that you don't just brush it off. Just admitting to have been sloppy in thinking or too quick in typing and or even to just not care enough to elaborate would suffice for most. I must agree it can be really valuable to dig in deep in such a case and spend the effort and you have all my respect for not brushing it off. It's what lazy me probably would've done... with no insight to gain. You got me thinking about my own behaviour at times. Thanks.
