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I love PM’s but watching Bitcoin is more fun.

Discussion in 'Purchasing Precious Metals' started by Paranoid Android, Nov 25, 2017.



  1. Paranoid Android

    Paranoid Android New Member

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    I love stacking as much as the next guy, but I must say, I purchased some bitcoin over the holiday and it it really fun to watch it in real time. I used my monthly PM money for the bitcoin. I could not sit on the sideline any longer. Plus, I want to understand how all of this works. Can’t hurt just dipping my toes in?
     
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  2. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    I love PM's (Mainly 1-oz '70's silver art bars) but I do watch bitcoin and despite no longer being in bitcoin (but still invested in cryptos).
     
  3. Paranoid Android

    Paranoid Android New Member

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    Oh - what other crypto are you in?
     
  4. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    I am currently in Bitshares (BTS) and Dogecoin(DOGE). I made more money with Bitshares than I did with Bitcoin. I took some profit in Bitshares earlier this year when it was near it's high before falling to where it is currently now. I used most of the profits that I made in Bitshares to buy some '70's silver art bars. I used the profit that I made in Bitcoin to also buy a couple of Mexican peso silver coins (that I later sold on ebay).
     
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  5. solarion

    solarion Gold Member Gold Chaser Site Supporter

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    I've been diverting funds I used to put directly into PMs into bitcoin for some while now. Then after bitcoin runs up awhile vs fiat I use the bitcoin to buy PMs. The process has allowed me to stack a whole bunch moar barbaric relics than I would otherwise have been able.

    Just don't forget to swap bitcoin for PMs when they're ripe. A single bitcoin currently buys 505 freaking ounces of silver. That's a situation that will not continue forever and when TPTB can no longer hold down commodity money with their disgusting bankster scams this thing is going to explode.
     
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  6. Paranoid Android

    Paranoid Android New Member

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    8175 Thursday when I bought - 9430 - today Sunday
     
  7. Buck

    Buck Gold Member Gold Chaser

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    Watching a horse in action is always more fun than watching one simply stand around swishing it's tail, swatting at the flies

    There's money to be made in cryptos and like a million dollar horse, there's ways they both can come up lame on a moments notice

    If you're into the risk, make the bet, others will and some are going to make out like bandits
    I'm thinking others will not do as well but doesn't that happen every few years when the "markets" take some value away, anyway?
    (yeah right, the markets make all that money go away, right - into someone's pocket)
    Can't that be thought of as being the same thing?

    GL
     
  8. Paranoid Android

    Paranoid Android New Member

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  9. Paranoid Android

    Paranoid Android New Member

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    $11,555 - now I have regret not putting more $$$ in ;)
     

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