Topic: USD inflation affect on BTC? (Read 6924 times)
Bullets will be the next currency! Metro 2033!
Does anyone know a good chart for tracking bullet prices? Interested to see if the Mayan calendar crap has been priced in yet. Might be a good time to buy.
Gotta stay ahead of the curve:
http://www.ammonow.com/
Does anyone know a good chart for tracking bullet prices? Interested to see if the Mayan calendar crap has been priced in yet. Might be a good time to buy.
Oh lord, what have I started...
Does anyone know a good chart for tracking bullet prices? Interested to see if the Mayan calendar crap has been priced in yet. Might be a good time to buy.
Depending on the nature of the apocalypse, gold may be readily available.
Which would also mean that the gold will buy less bullets, just like I said before.
Depending on the nature of the apocalypse, gold may be readily available.
Perhaps you could say your bullets will buy less gold?
After the apocalypse, your bullets would buy more gold, most likely. (As was pointed out to me, above.)
Perhaps you could say your bullets will buy less gold?
Gold's value is pretty much stable. Everyone knows how much it's worth, and a Krugerrand is going to buy the same number of bullets today as it is after the apocalypse.
That is not exactly true. When the apocalypse hits, the supply of bullets will go down and the demand will go up, so your gold will buy less bullets.
I would like to see how that bet could be settled without the internet to provide proof-of-contract.
Gold's value is pretty much stable. Everyone knows how much it's worth, and a Krugerrand is going to buy the same number of bullets today as it is after the apocalypse.
That is not exactly true. When the apocalypse hits, the supply of bullets will go down and the demand will go up, so your gold will buy less bullets.
And you can't eat gold... Chocolate might well buy more bullets than a Krugerrand, but you get my point.
Gold's value is pretty much stable. Everyone knows how much it's worth, and a Krugerrand is going to buy the same number of bullets today as it is after the apocalypse.
That is not exactly true. When the apocalypse hits, the supply of bullets will go down and the demand will go up, so your gold will buy less bullets.
that guys is getting people to sort coins for him and buying them at a bargain
genius!
And making a political point. A hat trick.
that guys is getting people to sort coins for him and buying them at a bargain
genius!
your probably holding the physical gold your self.
were do you go to sell that?
drive 30mins to a shop, and get Spot-5%
...Sell? Why would I want to do that?were do you go to sell that?
drive 30mins to a shop, and get Spot-5%
gold is stable?
really?
tsk, tsk... you're fixated on price. price ≠ value.really?
I counter that image with this one:
Ok so think about this...
gold and silver has been betting the USD would go continue to go down and recently have been scaring people into buying gold and silver , saying the USD would drop to 0
.
what will happen to gold and silver if deflation sets in?
gold and silver has been betting the USD would go continue to go down and recently have been scaring people into buying gold and silver , saying the USD would drop to 0
.what will happen to gold and silver if deflation sets in?
I do believe there is something of a bubble in gold right now. Possibly an opportunity will be around the corner. Expect to hear a lot of wailing. Though it's quite possible that any bubble will get caught up by the decreasing value of the dollar and never burst.
what will happen to gold and silver if deflation sets in?
Gold (and to a lesser extent, silver - more volatile market) will retain value even as the price drops.
i have a hard time believing that...
to me gold created a "fear inflation" bubble
selling gold at the top, and then having deflation rise the value of your $, is too good an offer to pass up.
Bitcoin on the other hand ( with the market so new, there is still room for Massive growth ) will continue to rise.
Bitcoin was never about protecting your money, its been about replacing the broken system, with honest money. a powerful mission, sure to gain support as the $ goes nuts.
As for Bitcoin, This pretty much says it all. Bitcoin (or failing that, it's successors) is bound to increase in value, for the simple reason that it's a better system.Bitcoin was never about protecting your money, its been about replacing the broken system, with honest money. a powerful mission, sure to gain support as the $ goes nuts.
your probably holding the physical gold your self.
were do you go to sell that?
drive 30mins to a shop, and get Spot-5%
gold is stable?
really?
what will happen to gold and silver if deflation sets in?
Gold (and to a lesser extent, silver - more volatile market) will retain value even as the price drops.
i have a hard time believing that...
to me gold created a "fear inflation" bubble
selling gold at the top, and then having deflation rise the value of your $, is too good an offer to pass up.
Bitcoin on the other hand ( with the market so new, there is still room for Massive growth ) will continue to rise.
Bitcoin was never about protecting your money, its been about replacing the broken system, with honest money. a powerful mission, sure to gain support as the $ goes nuts.
As for Bitcoin, This pretty much says it all. Bitcoin (or failing that, it's successors) is bound to increase in value, for the simple reason that it's a better system. Bitcoin was never about protecting your money, its been about replacing the broken system, with honest money. a powerful mission, sure to gain support as the $ goes nuts.
Deflation could really fuck shit up.
This. and i ask you, who else besides me have you heard talking about deflation? literally everyone, and i mean everyone, thinks inflation is inevitable.
in other words, when everyone's already bought, who else is there to buy?
scary story!
Deflation could really fuck shit up.
This. and i ask you, who else besides me have you heard talking about deflation? literally everyone, and i mean everyone, thinks inflation is inevitable.
in other words, when everyone's already bought, who else is there to buy?
Deflation could really fuck shit up.
if it starts to happen no doubt the government will step in and start printing dollars like fucking crazy to promote lending / spending.
long term effects of this YOYO game they are playing can't be good...
people are going lose their homes and shortly after prices for food and EVERYTHING will rocket
I believe in BTC because its not imaginary like the USD
<- only now starting to understand....
if it starts to happen no doubt the government will step in and start printing dollars like fucking crazy to promote lending / spending.
long term effects of this YOYO game they are playing can't be good...
people are going lose their homes and shortly after prices for food and EVERYTHING will rocket
I believe in BTC because its not imaginary like the USD
<- only now starting to understand....
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