Topic: I figure that swapping bitcoin for silver is a good buy (Read 1940 times)
Yes '33 was when the USD was killed. (The gold backing was significantly reduced).
And what is that definition?
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
My bad, it was 1917. I don't think there was seizure of physical silver, but the penalty for storing value with it was up to 10 years imprisonment and a fine up to $10,000. And that was when the dollar was worth something.
http://en.wikisource.org/wiki/Proclamation_2039
Quote
That the President may investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange and the export, hoarding, melting, or earmarkings of gold or silver coin or bullion or currency
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
Ok, I guess even that direct statement was to subtle for you, so let me be blunt: If gold can be confiscated, so can silver, so can copper, so can rocks, so can your home, so can you land, so can your baseball cards, so can your stocks, so can your wife.
More clear?
Dude stop the BS. You were clearly implying silver cannot be confiscated. Learn to read your own posts. The inner most 3 ones make this whole thing clear enough.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
Ok, I guess even that direct statement was to subtle for you, so let me be blunt: If gold can be confiscated, so can silver, so can copper, so can rocks, so can your home, so can you land, so can your baseball cards, so can your stocks, so can your wife.
More clear?
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
Ok, I guess even that direct statement was to subtle for you, so let me be blunt: If gold can be confiscated, so can silver, so can copper, so can rocks, so can your home, so can you land, so can your baseball cards, so can your stocks, so can your wife.
More clear?
they will never have my bitcoin tho.
my bitcoins are safe.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
Ok, I guess even that direct statement was to subtle for you, so let me be blunt: If gold can be confiscated, so can silver, so can copper, so can rocks, so can your home, so can you land, so can your baseball cards, so can your stocks, so can your wife.
More clear?
I have good contact for silver, good price .
In bkk that is.
H
In bkk that is.
H
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
Silver is not very know here,thailand.
Prob wen u told the missis i want to buy Silver, she was like "U lost it
Gr from H Hin.
H
Prob wen u told the missis i want to buy Silver, she was like "U lost it
Gr from H Hin.
H
its good to diversify your wealth. dont have all your eggs in one basket. its a good idea to have gold, silver and bitcoins, not just one.
Or put all your eggs in one basket and then WATCH THAT FUCKING BASKET!
I think swapping bitcoin for litecoin may result in nice speculative gains short term (over the next few months). I traded a small amount of bitcoin for litecoin and peercoin today.
Enjoy your altcoins, thanks for your bitcoins
its good to diversify your wealth. dont have all your eggs in one basket. its a good idea to have gold, silver and bitcoins, not just one.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
What? You think gold can be confiscated, but no way no how, that silver can be confiscated? Where is the logic?
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
Things changes, It can not happen again. Anyway, only fool wouldnt dig his gold to prevent the confiscation.
Swapping bitcoin for silver is prudent if your looking for stability but I think swapping bitcoin for litecoin may result in nice speculative gains short term (over the next few months). I traded a small amount of bitcoin for litecoin and peercoin today.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
That's what people in the US thought... until it was confiscated along with gold in 1933.
Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars. 
Trojan can't steal my bitcoins. Silver bars can always be confiscated That's why Goat has burried his silver in some field (or so he claims).
Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars.
I'm pretty well hedged in both
What about bitcoins on silver coin? 
As bitcoin fiat value goes up higher denomination coins like this will be harder to sell as there will be less and less people who have that much bitcoin to store.
Mike did a great job on this coin, but if i'm not mistaken he is sold out on it currently and it was in a time the that price of bitcoin was much lower than it is now.
What about bitcoins on silver coin?
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
Tell that to some Cypriots...
Trojan can't steal my cold-stored Bitcoins, by the way.
Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars.
Really? I would like to see your response when you open your door to this dude demanding your silver:
LOL. But that's a hoplite or maybe a centurion, and that kind of armor is several centuries younger than the Trojans.
And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars.
Really? I would like to see your response when you open your door to this dude demanding your silver:
Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars.
Silver is a great investment but not sure it will outperform bitcoins. I think 1 bitcoin might get you an ounce of gold within the next year
I think it's time to buy the christmas presents early this year....
Securing profits into a hedge is wise. But if you wait about 10 days to sell coins you might only get about 6 oz of silver per coin.
Better don't buy silver now, sell coins for fiat, buy at the bottom and then sell for silver when it comes back to 200$ (or more) again.
Better don't buy silver now, sell coins for fiat, buy at the bottom and then sell for silver when it comes back to 200$ (or more) again.
If only we could pick exactly when the top and bottom will be, for all we know this could be teh final climb to da moon.
Securing profits into a hedge is wise. But if you wait about 10 days to sell coins you might only get about 6 oz of silver per coin.
Better don't buy silver now, sell coins for fiat, buy at the bottom and then sell for silver when it comes back to 200$ (or more) again.
Better don't buy silver now, sell coins for fiat, buy at the bottom and then sell for silver when it comes back to 200$ (or more) again.
I figure that swapping bitcoin for silver is a good buy. One coin's price can buy me 9.2 oz silver, and I think it's a good buy. 
You'll be kicking yourself when one coin can by you 92 ozes of silver +1
I figure that swapping bitcoin for silver is a good buy. One coin's price can buy me 9.2 oz silver, and I think it's a good buy.
You'll be kicking yourself when one coin can by you 92 ozes of silver
I figure that swapping bitcoin for silver is a good buy. One coin's price can buy me 9.2 oz silver, and I think it's a good buy.
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