Bitcoin
- Thread starter Ron Resnick
- Start date
Not at all Ron. There are many opportunities out there on the spot market (on various crypto markets). Doge for example is on 50%
Ohhhh, okay. Congratulations!
(But my personal view is that Dogecoin truly is gambling.)
Thats exactly the new price of a pair of andromeda XPE speakers ,lol
Im still not convined it lll hold up as an inflation hedge .
With the inflation numbers were getting lately , i think it lll only rise more
But I think as soon as gold is gonna take off , everybody will rush back into the real value backer of all ages, Gold
Some of the gold experts say gold can go to 15.000 $ in an
Inflation environment .
In 3 years .
The fed is in the money printing end game
That would mean at least 20 may be 50 fold for gold stocks,
You ll see soon enough when i have an audioshop in holland / germany in a couple of years and i m biamping my speakers with Boulder 3050 s and dagostino relentless amps.
Ps .But off course if you got in early in bitcoin hard to beat / good for you .
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Mate Peter Schiff has been wrong for 10 years. Stop following him. One guy actually built a model that will buy bitcoin every time Schiff says something against it pro gold, and in his model BTC went up 3 percent on average in the first hour after Schiff's tweet, and given the number he has made, it went up over 1000 percent on that model
I got into gold at 1250 $ in 2018 , i have already doubled my money and it was 3 fold in august last year .
I could have bought 3 pair of relentless or Boulder 3050 s already
peter is gonna be right in the end , although his timing is indeed shit
.May be bitcoin will indeed go to a milion, i dont know
I can sleep relatively well , im not sure with that with bitcoin though ( volatility )
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I got into gold at 1250 $ in 2018 , i have already doubled my money and it was 3 fold in august last year .
I could have bought 3 pair of relentless or Boulder 3050 s already
peter is gonna be right in the end , although his timing is indeed shit
May be bitcoin will indeed go to a milion, i dont know
I can sleep reletively well , im not sure with that with bitcoin though ( volatility )
So you sold out at three fold or rode it on the retracement.
How much an investment is at its highs means nothing because you will never sell then
No , remember wall street bets / reddit forum .
Diamond hands , i sell when the Dow jones is the same as the gold price per ounce
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If there is so much trust in digital currencies , why then ?????....
www.bloomberg.com
NYC Real Estate Mogul Secures $6 Billion in Gold to Back New Cryptocurrency
Kent Swig became interested in cryptocurrencies after learning more about the concept from his teenage son.
www.bloomberg.com
If there is so much trust in digital currencies , why then ?????....
NYC Real Estate Mogul Secures $6 Billion in Gold to Back New Cryptocurrency
Kent Swig became interested in cryptocurrencies after learning more about the concept from his teenage son.
not sure of the point of the post
I posted it in the context of bitcoin being hyped as the new digital gold / store of value .
In my view cryptos are also a form of ( peters view
lol ) fiat currency and need to be backed by something thats all i was saying.We ll see , but if you make money of it good for you
I posted it in the context of bitcoin being hyped as the new digital gold / store of value .
In my view cryptos are also a form of ( peters view
We ll see , but if you make money of it good for you
Seriously, that's your case for gold against crypto?
This is a list of corporates that have BTC on their balance sheets. 34 out of 40000 publicly listed companies. Most should have gold. Where do you think we are early, and what do you think happened at the 34 companies? You can choose to look at the 34 or the remaining 40000. I see you doing the latter
BitcoinTreasuries.com
Track Bitcoin Treasuries of companies, miners and countries at BitcoinTreasuries.com.
bitcointreasuries.org
Value of total cash locked in defi (decentralized finance) has moved from 2b to 56 billion this year. This is not a trade investment, these are funds locked for business.
Again. If you know your gold and not your crypto, you will be the one to lose, so winning the argument on a forum against me will be a curse to you
May be who knows i ll take the gamble .
But a zero rate interest environment ( rising tide ) lifts all boats , incl Housing / stockmarket / crypto included .
But low interest rates / debt economy ( living on the future) dont t last forever look at history .
MMT is a monetary experiment with no certain outcome with which banks can borrow at 0 and money will flow into anything now for 10 -12 years already
History wise has proven that all currencies that were printed into madness have failed .
Schiff is already right , look at raw material prices / food prices / gas prices .
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Congratulations!
SELL!
Or at least sell half.
Or at least sell a third.
Or at least take out your cost basis.
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