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Topic: Woo hoo Silver smack down (continued) (Read 3748 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 29, 2012, 02:24:58 PM
#36
I just bought a kilo of junk silver coins and will buy moar in case of further dumps.
So much for my bet.

That's awesome. I'm only buying bullion govt coins.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
December 29, 2012, 11:42:45 AM
#35
I just bought a kilo of junk silver coins and will buy moar in case of further dumps.
So much for my bet.
420
hero member
Activity: 756
Merit: 500
December 27, 2012, 10:22:28 PM
#34
I'm starting to wonder if betsofbitcoin will be around in 4 years. Something tells me they won't.

they've been around a year and a half. gotta believe they making some money they don't want to lose.

Domain expires 04-Aug-2013

watch them renew for at least 2 years before that Wink
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 27, 2012, 09:56:49 PM
#33
I'm starting to wonder if betsofbitcoin will be around in 4 years. Something tells me they won't.
420
hero member
Activity: 756
Merit: 500
December 27, 2012, 09:24:58 PM
#32
Wheres the money going? just another betsofbitco.in that everyone else can jump in on?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 27, 2012, 08:45:18 PM
#31
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

I am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
I will add this bet on betsofbitcoin in the next 1-2 days

P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.


Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL.


do we have a bet or not? I thought we agreed on option 1

I already agreed. Keep up and pay attention. okay? Thanks lol  Cheesy Cheesy Cheesy

IN CASE YOU MISSED IT:



Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

LOL!
legendary
Activity: 1904
Merit: 1002
December 27, 2012, 06:06:44 PM
#30
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

I am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
I will add this bet on betsofbitcoin in the next 1-2 days

P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.


Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL.


do we have a bet or not? I thought we agreed on option 1

He's more interested in running his mouth than putting his money up.
legendary
Activity: 2100
Merit: 1000
December 27, 2012, 12:52:55 PM
#29
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

I am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
I will add this bet on betsofbitcoin in the next 1-2 days

P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.


Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL.


do we have a bet or not? I thought we agreed on option 1
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 27, 2012, 12:44:31 PM
#28
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

I am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
I will add this bet on betsofbitcoin in the next 1-2 days

P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.


Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL.


"I bet something, but I don't really believe it." ~S3052

LOL  Grin Grin Grin
legendary
Activity: 2100
Merit: 1000
December 27, 2012, 07:05:07 AM
#27
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

I am fine with option 1 as I said. Still, it is a bit unfair that in the event of an USD failure the bet goes to you, but anyway, lets go ahead.
I will add this bet on betsofbitcoin in the next 1-2 days

P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.
legendary
Activity: 1904
Merit: 1002
December 26, 2012, 09:41:21 PM
#26
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.

the whole bet is silver in relation to USD. if usd disappears by 2016 bet should be void; but not anymore

Right.  S3052 was generous to accept that condition.

If we bet which of two trees would be taller in a year, and some third party came and replaced one tree with a different tree most people would call off the bet, not give it to the person who bet against the tree that was removed.
420
hero member
Activity: 756
Merit: 500
December 26, 2012, 08:30:13 PM
#25
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.

the whole bet is silver in relation to USD. if usd disappears by 2016 bet should be void; but not anymore
legendary
Activity: 1904
Merit: 1002
December 26, 2012, 08:29:17 PM
#24
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?

Were did he ever say the USD would not fail?  His prediction was about silver, you pulled in the BS about the USD.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 26, 2012, 08:09:32 PM
#23
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.


Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1.

Deal?
420
hero member
Activity: 756
Merit: 500
December 26, 2012, 06:19:47 PM
#22
I vote for #2. high stakes bitches. high stakes

Can I escrow? Wink
legendary
Activity: 2100
Merit: 1000
December 26, 2012, 04:51:41 PM
#21
no, I just wanted help to define the physical Silver price.

I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.

There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 26, 2012, 03:57:05 PM
#20
This is to continue the thread after the similar one got locked down.

This is about speculation on Silver prices and discuss technical analysis and fundamentals.

I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016

As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices.

http://betsofbitco.in/item?id=1044

Too bad we can only assume smoothie won't take the other side based on the hissy fit he threw right before he locked the other thread.

"I'm right, you're wrong, and you're not allowed to respond.  Also you're trying to back out, not me."  Lol.

smoothie takes trolling to levels never before seen:  https://bitcointalksearch.org/topic/m.1420130

agree. itis fun to watch someone getting so agitated...
I need to sleep and work sometime and that is why I cannot post one second after every smoothie question..

What is funny is how you did not answer the question after at least a day and a half as I continually asked you to define "physical silver price". You did not think that I would catch that or the fact that the USD might not exist in 4 years eh? ROFL!  Grin Grin Grin
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 26, 2012, 03:52:41 PM
#19
so, smoothie.

why don't you propose your terms of the bet. I am confused with what you are saying.

how much do you want to put in?
what are the conditions?

Bet: Physical Silver price defined by averaging the price of any 20 generic/govt (they have to be different coin/bar designs) 1 oz 999 silver fine coins or bars on APMEX, Gainesville, or Providence Metals will not go below $10 USD by Dec 31st, 2016 (as it exists today with BS govt backing).

If the price of silver goes below $10 USD for the average price of ANY 20 generic/govt 1 oz 999 silver fine coins or bars on APMEX, Gainesville, or Providence Metals by Dec 31, 2016, YOU WIN.

If it doesn't, I WIN.

If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)), I WIN.

The average price MUST be calculated with 20 unique designed 1 oz silver 999 fine bars or silver 999 fine coins from those sites. So if intraday your paper price goes to < 10 USD and you can't average with 20 unique silver items THAT ARE AVAILABLE FOR PURCHASE on those times combined sites, the price doesn't count.

Bet amount: 100 BTC

Let me know if you want to change anything, then I can decide if I want to accept your terms.
legendary
Activity: 2100
Merit: 1000
December 26, 2012, 04:14:45 AM
#18
so, smoothie.

why don't you propose your terms of the bet. I am confused with what you are saying.

how much do you want to put in?
what are the conditions?
legendary
Activity: 2100
Merit: 1000
December 26, 2012, 04:05:41 AM
#17
This is to continue the thread after the similar one got locked down.

This is about speculation on Silver prices and discuss technical analysis and fundamentals.

I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016

As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices.

http://betsofbitco.in/item?id=1044

Too bad we can only assume smoothie won't take the other side based on the hissy fit he threw right before he locked the other thread.

"I'm right, you're wrong, and you're not allowed to respond.  Also you're trying to back out, not me."  Lol.

smoothie takes trolling to levels never before seen:  https://bitcointalksearch.org/topic/m.1420130

agree. itis fun to watch someone getting so agitated...
I need to sleep and work sometime and that is why I cannot post one second after every smoothie question..
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