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One Bitcoin or two 1oz Gold Eagles?
Overdate
Posts: 6,958 ✭✭✭✭✭
Which do you think will be worth more 5 years from now?
My Adolph A. Weinman signature 
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Overdate
Posts: 6,958 ✭✭✭✭✭
Overdate
Posts: 6,958 ✭✭✭✭✭
Overdate
Posts: 6,958 ✭✭✭✭✭
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Two AGE's.
Worry is the interest you pay on a debt you may not owe.
I'll always choose physical....I'll take the two AGEs
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
AGE's for the Ages
bitcoin when it is down to $1500, the sell when it is at $2400, then 2 AGE
two birds in the hand are worth more than one in the bush.
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
Gold
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Bad transactions with : nobody to date
AGE's.... definitely.... I would post a short 'poem' here, but it is just a tad risque'... so I will refrain... unless, of course, I get a bunch of requests....
Cheers, RickO
Gold, please.
My YouTube Channel
Gold is pretty and pretty is as pretty does. That pretty much sums it up.
Then again, the day will come when a loaf of bread is valued more than gold. Oh wait... that time already came and went.
simple way to speculate with bitcoin
And remember, bitcoin is a currency (digital) not a precious metal.
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
Easily the gold
Easily. The inflation of blockchain coins is nigh.
Gold Eagles will still be gold 5 years from now.
Will BitCoins still be bits?
All is in flux. I don't believe boom-bust precedents apply. I, too, prefer gold, but more out of an inclination to cling to the familiar than to the unknown.
Here's a warning parable for coin collectors...
I'll play the contrarian. I expect bitcoin to be worth twice as much as 2 AGE's in 5 years.
And I expect that folks will still be knocking it.
Edit to add prices June 4, 2017.
Gold $1280.
BTC $2600.
It'll be fun to check back in 5 years! I hope they are both through the roof.
Successful transactions with Schmitz7, Bigbuck1975, chumley, CCHunter, Smittys, Gerard, Tookybandit, MorganMan94, LogPotato, coinlieutenant, GoldCoin98, pcgs69, Kccoin, ajaan, JBN, BLee23,....
I would be inclined to own something with a 5000 year track record as wild as it has been. Gold will still be around after a Massive solar X- flare
100% Positive BST transactions
Be vary careful with GBTC
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
Update: One Bitcoin or two four 1oz Gold Eagles?
My Adolph A. Weinman signature
Gold for now, for me
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
The rapid rise in the value of bitcoins sounds like the Dutch tulip bulb hysteria of the 17th century. You don't want to be holding them when the music stops.
Worry is the interest you pay on a debt you may not owe.
Most people are not aware that tulip bulb prices have completed their 380-year consolidation phase and are due to rebound any decade now.
I'm in the process of cornering the market.
My Adolph A. Weinman signature
Today 10/12/2017
Gold: $1,293
Bitcoin: $5,500
I bought neither..
bob
Gold of course !!!
I am in for the gold.
Successful Trades: Swampboy,
You need gold to make computers to store and use bitcoins.
You don't need bitcoins to buy gold.
Bitcoin...ducks for cover.
"Which do you think will be worth more 5 years from now?"
No one knows. Cryptocurrencies are uncharted water. Governments can outlaw them (e.g. China), but there doesn't appear to be a way to control them. That appears to have been the basis for the efforts among the Chinese to acquire them (and why the government outlawed them).
Here's a warning parable for coin collectors...
I'd be selling that bitcoin and buying gold eagles right now, but that's just me.
I knew it would happen.
Two little words come to mind......................."kill switch"
I knew it would happen.
Bitcoin no doubt. Probably at least 20X as much as gold price in 5 years. But by that time the US Dollar price won't matter because of hyperinflation. All that will matter is the value of what you're holding against what things are worth to everyone.
Bitcoin to be over 8X the USD price of gold now by spring of next year.
Too many positive BST transactions with too many members to list.
How does one purchase a Bitcoin ? It’s easier finding an ounce or ten of gold. The mining is already done.
Well, you'd have to have bought some bitcoin before right now, wouldn't you, in order to have any to sell?
Unless you're suggesting you'd short sell them?
Myself, watching crypto currencies only.
No interest in participating, but good show!
Liberty: Parent of Science & Industry
https://www.coinbase.com is one company within the united states (and up to date with licencing , and also registered as a Money Services Business with FinCEN.)
where users can buy a bitcoin®
https://localbitcoins.com pairs people up buying and selling the digital currency...
And
Another alternative is one of the many Crypto-Currency ATM machines in which a comprehensive list of exists and is being updated here ->https://coinatmradar.com
It's all about what the people want...
Tread lightly. Both Coinbase and Localbitcoins have lots of harsh reviews (as do lots of other analogous sites). It's really the Wild West out there!
Here's a warning parable for coin collectors...
The gold, please. Cryptocurrencies can still maintain privacy, but if you are robbed/hacked, you really have little recourse. Of course, there's also the issue of a possible bubble...
One Bitcoin or two six 1oz Gold Eagles?
Hard to believe I started this thread less than six months ago!
My Adolph A. Weinman signature
I am requesting please
Crypto right now reminds me of the dot com boom of old except with the potential to be far more disruptive to the global economy.
Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
Eagles for sure. I would not feel that comfortable with all the drama
Best place to buy !
Bronze Associate member
Still going with the AGEs. Silver bugs constantly point to Silver/Gold ratio as reason to invest in silver over gold: "Historically High Silver/Gold ratio!!!". Well guess what: we can now do the same thing with Gold/Bitcoin ratio: "Historically High Gold/Bitcoin ratio!!! BUY GOLD!"
Here's a poem:
Such a treasure to behold
Is this my bounteous stack of gold!
But wait! I’ve come to grief, alas,
As Bitcoin kicks my treasure’s ass!
Burma Shave
Here's a warning parable for coin collectors...
Traded a Bitcoin for 6 ounces of gold.
could we see a burma-coin? ?????
I just tried to buy that domain name , but its taken
Once again my plans have been foiled by the sovereign nation of Myanmar
One bitcoin or $8k FV in 90% U.S.silver coinage (junk) ? Let’s see the cash.(stuff)
gimme a little Silver, a little Gold, what did you bring me my dear friends.....
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don't care anything about it, and don't understand it entirely, although a customer who came in last week, probably explained it better than anybody else I have talked too in the past.
Bitcoin will be worth 10 1 age in the very near future. My customer has literally become philthy rich trading it since its inception. and the boy is only about 30
One Bitcoin or two seven 1oz Gold Eagles?
Took only 10 days to go from six Gold Eagles to seven Gold Eagles!!
My Adolph A. Weinman signature
Sounds like a bubble ready to burst any time now. I'll take the 7 AGE's.
Worry is the interest you pay on a debt you may not owe.
Still gold for me
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Bad transactions with : nobody to date
Make that 7.5. It took less than 18 hours to another half eagle to the price!
$9630
My Adolph A. Weinman signature
Still ain't too late folks. The ship is still loading, hadn't taken off yet. 2018 will be full steam ahead.
You don't HAVE to buy Bitcoin. A lot of other ones are going to do VERY well also. Litecoin (LTC) as an example.
Too many positive BST transactions with too many members to list.