its probably a great time to cash in some bitcoins for silver. Silver is unusually low and bitcoin is unusually high.
No, silver is still at a multi-year peak.
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
Topic: With BTC at an all-time high (what's new), whats the demand for? - page 2. (Read 1677 times)
March 04, 2013, 04:36:50 AM
No, silver is still at a multi-year peak.
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
I'm certainly not spending my bitcoins on keychains or anything like that right now. And anyone with half a brain probably isn't either. What IS worth spending your Bitcoins on?
Cocaine.
I would imagine that people would hord bitcoins MORE as the price is rising but people are spending more in my store now then they did when the price was lower. Why? Because it takes LESS bitcoins to buy things now. I sold a ton of my polo shirts when they were 4 bitcoins each but now priced in BTC they are less then 1 BTC. A sticker from me shipped is 45 mBTC! People are spending more now in USD terms then when the price was lower.
I'm certainly not spending my bitcoins on keychains or anything like that right now. And anyone with half a brain probably isn't either. What IS worth spending your Bitcoins on?
Cocaine.
its probably a great time to cash in some bitcoins for silver. Silver is unusually low and bitcoin is unusually high.
No, silver is still at a multi-year peak.
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
i think 28.50 is an amazing price for silver right now but to each his own.
Anything that is going up in value faster than bitcoins, I guess! 
I have spent a few bitcoins on other currencies, but other than that, its staying in my wallet until the currency stabilises enough for week to week purchasing to not be too expensive.
Very true. I wouldn't buy an ounce of silver unless it was priced LESS than 1 BTC. (Silver Spot: $28, BTC: $34) I have spent a few bitcoins on other currencies, but other than that, its staying in my wallet until the currency stabilises enough for week to week purchasing to not be too expensive.
its probably a great time to cash in some bitcoins for silver. Silver is unusually low and bitcoin is unusually high.
No, silver is still at a multi-year peak.
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
I think it's a combination of people from Reddit starting to get interested and random people finding news about it from youtube and etc.
its probably a great time to cash in some bitcoins for silver. Silver is unusually low and bitcoin is unusually high.
Anything that is going up in value faster than bitcoins, I guess!
I have spent a few bitcoins on other currencies, but other than that, its staying in my wallet until the currency stabilises enough for week to week purchasing to not be too expensive.
I have spent a few bitcoins on other currencies, but other than that, its staying in my wallet until the currency stabilises enough for week to week purchasing to not be too expensive.
I'm certainly not spending my bitcoins on keychains or anything like that right now. And anyone with half a brain probably isn't either. What IS worth spending your Bitcoins on?
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