Gold?

[slapass]

Very close to breaking that recent five year high. Here we go.

[slapass]

I guess it broke it according to CNBC.

[GAMEFINEST]

Should have invested.

[OneHungLo]

Kind of thought we'd be in the $1800 $2000 range by now with a global pandemic.

[CaptainHowdy]

Mo' Money, Mo Problems . . .

[GAMEFINEST]

I love me some Gold Biscuits

[nikki99]

now this idea is Gold

Gold is a BAD idea, your neighbour knows? your friends? you are robbed
you need to rent a space inside a bank , it costs $$$$

[slapass]

Originally Posted by nikki99

now this idea is Gold

Gold is a BAD idea, your neighbour knows? your friends? you are robbed
you need to rent a space inside a bank , it costs $$$$

I buy GLD. My broker knows only.

[Biggie Smalls Web Writing]

Originally Posted by CaptainHowdy

Mo' Money, Mo Problems . . .

Gotta move carefully

[freecartoonporn]

Originally Posted by nikki99

now this idea is Gold

Gold is a BAD idea, your neighbour knows? your friends? you are robbed
you need to rent a space inside a bank , it costs $$$$

buy virtual gold aka digital gold, gold bonds, commodities

no need to worry about storing it .

diversify

gold
cash
stocks
mutual funds
crypto
real estate

[Goosy]

Gold is golden asset.

[PornDiscounts-V]

Originally Posted by nikki99

now this idea is Gold

Gold is a BAD idea, your neighbour knows? your friends? you are robbed
you need to rent a space inside a bank , it costs $$$$

You don't get a bar delivered to your door. You get a certificate like you'd get with stock or bonds.

[jscott]

Originally Posted by PornDiscounts-V

You don't get a bar delivered to your door. You get a certificate like you'd get with stock or bonds.

gold that's not in your hand isn't your gold, it's a promise that a 3rd party has control of your gold

[xxxclusive]

too much panic drives the price atm

[CurrentlySober]

[k0nr4d]

Physical gold coins are like $2100 usd in poland

[Ferus]

Originally Posted by jscott

gold that's not in your hand isn't your gold, it's a promise that a 3rd party has control of your gold

+1.........

[nikki99]

Originally Posted by PornDiscounts-V

You don't get a bar delivered to your door. You get a certificate like you'd get with stock or bonds.

exactly here in Chile you need to buy pshysical gold coins at the money exchange store

and after that I wud think to put them inside my ass or your are fucked

[sandman!]

i bought some gold on ebay a few years ago i dont store it at home tho....

[OneHungLo]

Originally Posted by jscott

gold that's not in your hand isn't your gold, it's a promise that a 3rd party has control of your gold

Yeah man people talking about gold I always assume they're talking about physical gold. I love the fact that I have it and nobody can take it with a push of a button or steal it (as long as you have it stashed well enough).

[digitalfantasies]

Having gold bars in your bunker for when the zombies come is something different than making money in commodity trading.
I make multiple trades per day sometimes per minute, pretty hard to do with actual gold.

And I really hope that I don't get the actual barrels with oil delivered after my recent investment, that would be pretty inconvenient

[Penrod]

Gold in hand. Only reasonable standard.

If you buy 100 oz. bars, silver or gold, you can paint them like a brick to hold a door open.

Plain sight.

[pimpmaster9000]

this is the problem with gold...everybody diversified and when shit was falling, they needed to sell something liquid to cover their shorts/losses/leveraged positions...it literally followed the market with no significant gains so far...this is 2020:

[Look Chang]

I love gold ...

[OneHungLo]

Originally Posted by pimpmaster9000

this is the problem with gold...everybody diversified and when shit was falling, they needed to sell something liquid to cover their shorts/losses/leveraged positions...it literally followed the market with no significant gains so far...this is 2020:

Well following the stock market or bitcoin it would be down 20% -30%...it's held up with a modest gain considering, although if you listen to Peter Schiff this thing should be over 2k.

[slapass]

Originally Posted by xxxclusive

too much panic drives the price atm

Also the USA is devalueing the currency.

[slapass]

Originally Posted by pimpmaster9000

this is the problem with gold...everybody diversified and when shit was falling, they needed to sell something liquid to cover their shorts/losses/leveraged positions...it literally followed the market with no significant gains so far...this is 2020:

It is at a 5 year high. Umm name any other asset class that is doing that.

[jscott]

Originally Posted by OneHungLo

Well following the stock market or bitcoin it would be down 20% -30%...it's held up with a modest gain considering, although if you listen to Peter Schiff this thing should be over 2k.

Schiff said gold would hit $5k by now, its obvious itll happen but his time frame way wrong, as are all his bitcoin predictions since 2012 saying its worthless bcos cant make cufflinks with bitcoin, way wrong again.
(He also admits that he is anti bitcoin bcos he missed the boat, the guy is a complete idiot imo)

[jscott]

Originally Posted by OneHungLo

Yeah man people talking about gold I always assume they're talking about physical gold. I love the fact that I have it and nobody can take it with a push of a button or steal it (as long as you have it stashed well enough).

Yep man, gold in hand or bitcoin in a non exchange, non custodial wallet, best ways to store your wealth

[slapass]

Btc missed it IMO. You still can’t buy anything but illegal stuff.

[AlexFS]

Originally Posted by slapass

Btc missed it IMO. You still can’t buy anything but illegal stuff.

That’s not true at all. Can buy more mainstream items than previous years. Can also buy physical gold with Bitcoin. Some gold brokers will even offer discount on the premium because its like trading store of value assets.

[jscott]

Originally Posted by slapass

Btc missed it IMO. You still can’t buy anything but illegal stuff.

How deep have you researched to believe "you can't buy anything but illegal stuff with BTC"?

you couldn't have spent more than a few seconds researching this?

[slapass]

Originally Posted by jscott

How deep have you researched to believe "you can't buy anything but illegal stuff with BTC"?

you couldn't have spent more than a few seconds researching this?

Do you know anyone using it? It was going mainstream and fell off.

[jscott]

Originally Posted by slapass

Do you know anyone using it? It was going mainstream and fell off.

I ask all my client to pay in Bitcoin (some do) so yes. I find it sorta insulting when ppl, who research obviously little/none who say "BTC is for illegal". Chaturbate, Bongacams pays with it too, mad props to them for offering this "feature"

Namesilo accepts Bitcoin, Gyft does too (this where you can use BTC for cards for ebay, apple, nike, lowes, target, starbucks, uber, walmart, tons more. JMbullion & even Schiffgold (Peter Schiff the bitcoin hater) accept Bitcoin. Live casino and sports betting sites have great systems, probably the best, using BTC, cloudbet, sportsbet.io etc etc

I use bitcoin daily to pay back ppl, get paid(back), no bank tellers needed to approve/confirm txns, p2p is by fair faster settlement and just a superior system, by far, than traditional scammy banking system which uses the highly inflated monopoly (paper) money.

[slapass]

Originally Posted by jscott

I ask all my client to pay in Bitcoin (some do) so yes. I find it sorta insulting when ppl, who research obviously little/none who say "BTC is for illegal". Chaturbate, Bongacams pays with it too, mad props to them for offering this "feature"

Namesilo accepts Bitcoin, Gyft does too (this where you can use BTC for cards for ebay, apple, nike, lowes, target, starbucks, uber, walmart, tons more. JMbullion & even Schiffgold (Peter Schiff the bitcoin hater) accept Bitcoin. Live casino and sports betting sites have great systems, probably the best, using BTC, cloudbet, sportsbet.io etc etc

I use bitcoin daily to pay back ppl, get paid(back), no bank tellers needed to approve/confirm txns, p2p is by fair faster settlement and just a superior system, by far, than traditional scammy banking system which uses the highly inflated monopoly (paper) money.

I stand corrected. I bought at $23 each. I had 17 and sold at thousand as they were on al old hard drive. I got lucky, I did not think it was viable then and maybe it has gotten better. I know the last time I tried to trade them, it took days to settle. Seemed stupid. I hope it is better.

[jscott]

Originally Posted by slapass

I stand corrected. I bought at $23 each. I had 17 and sold at thousand as they were on al old hard drive. I got lucky, I did not think it was viable then and maybe it has gotten better. I know the last time I tried to trade them, it took days to settle. Seemed stupid. I hope it is better.

things are always improving, so if you're not using for years there are lots of systems built around/ontop of Bitcoin.

But you can't be reckless with your Bitcoin.

A dumbass like Peter Schiff loses his private keys & says Bitcoin is broken rather than holding himself accountable for the loss. Holding/securing your private keys is the most important thing about keeping your Bitcoin safe. There is no bank insurance because remember, this is for those of us who want to "be our own bank" and cut out 3rd party bullshit. (no/less fees, no permission to use our own money, no weekend/holiday closings, etc etc)

Also, do not store Bitcoin on exchanges, this is not p2p, this isn't how BTC was meant to be used. If you send from exchange wallet to somewhere else, you must rely on that 3rd part exchange to approve and release your Bitcoin, it takes time. If you hold on Electrum/Trezor etc wallets , you send p2p , it would never take days, would take minutes, or an hour and would cost about 1 penny.

how were you sending before, when it took you "days to settle"?

[slapass]

Originally Posted by jscott

things are always improving, so if you're not using for years there are lots of systems built around/ontop of Bitcoin.

But you can't be reckless with your Bitcoin.

A dumbass like Peter Schiff loses his private keys & says Bitcoin is broken rather than holding himself accountable for the loss. Holding/securing your private keys is the most important thing about keeping your Bitcoin safe. There is no bank insurance because remember, this is for those of us who want to "be our own bank" and cut out 3rd party bullshit. (no/less fees, no permission to use our own money, no weekend/holiday closings, etc etc)

Also, do not store Bitcoin on exchanges, this is not p2p, this isn't how BTC was meant to be used. If you send from exchange wallet to somewhere else, you must rely on that 3rd part exchange to approve and release your Bitcoin, it takes time. If you hold on Electrum/Trezor etc wallets , you send p2p , it would never take days, would take minutes, or an hour and would cost about 1 penny.

how were you sending before, when it took you "days to settle"?

Coinbase. I was buying but the account was approved years before so all set up. Maybe do to new activity? No idea.

[slapass]

Btw, I used to day trade and did quite well. Gave seminars etc. now getting back into it. This market is better than the tech bubble of 2000. The stuff makes beautiful moves,

[slapass]

Gold! Not exactly screaming but green.

[OneHungLo]

Originally Posted by slapass

Gold! Not exactly screaming but green.

Broke 1700! Nice

[jscott]

Originally Posted by slapass

Coinbase. I was buying but the account was approved years before so all set up. Maybe do to new activity? No idea.

Originally Posted by slapass

Btw, I used to day trade and did quite well. Gave seminars etc. now getting back into it. This market is better than the tech bubble of 2000. The stuff makes beautiful moves,

If you were using CB wallets back then, then you were paying extra fees to them, and slow txns because you had to wait for CB to release/approve your withdraw funds, same as any bank.

Try using Bitcoin with an open-source wallet for p2p txns, like Electrum .
Store with own private keys, not at Coinbase or similar.

[slapass]

Originally Posted by jscott

If you were using CB wallets back then, then you were paying extra fees to them, and slow txns because you had to wait for CB to release/approve your withdraw funds, same as any bank.

Try using Bitcoin with an open-source wallet for p2p txns, like Electrum .
Store with own private keys, not at Coinbase or similar.

I think it is too complicated as a system. I hope it works out for you but not really something I would embrace. I trade things.

[jscott]

For trading, enjoy bitmex, bitfinex, binance. These are super good exchanges with great ux
I like to trade too & nothing beats BTC volatility

[ruff]

Originally Posted by Look Chang

I love gold ...

You can buy that gold with Bitcoin.

[george MH]

just a beginning...

[CaptainHowdy]

Originally Posted by ruff

You can buy that gold with Bitcoin.

Cold Hard Desinfected Cash too . . .

[nikki99]

Originally Posted by ruff

You can buy that gold with Bitcoin.

[chrys]

Gold Digger time

[slapass]

Selling here. It has been fun.

[mikeylikesit]

here is a good article on why gold is stagnant and the stock market seems to be on a holy terror... the banker class has gone all-in trying to prop everything up and save the economy/their own asses... trillions and trillions and hardly a drop in the bucket for the consumers = it likely will not hold up too much longer... now that I say that it'll probably all rally twice as high by june

https://finance.yahoo.com/news/centr...092003912.html