"Buy gold instead of crypto", they said.

File: 91 KB, 1565x891, Screen Shot 2021-03-02 at 5.24.51 AM.png [View same] [iqdb] [saucenao] [google]

Anonymous Tue Mar 2 05:25:42 2021 No.30037624 [Reply] [Original]

"Buy gold instead of crypto", they said.

>>	Anonymous Tue Mar 2 05:26:35 2021 No.30037655 Gold is real money.

>>	Anonymous Tue Mar 2 05:27:13 2021 No.30037678 >>30037655 How?

>>	Anonymous Tue Mar 2 05:27:20 2021 No.30037681 >>30037624 Gold has intrinsic value

>>	Anonymous Tue Mar 2 05:27:29 2021 No.30037687 >>30037678 you can hold it

Anonymous Tue Mar 2 05:28:00 2021 No.30037710 [DELETED]

u are anon
nobody of those is real
as well as you believe in this scam they try to shill here faster you will lose all your assets
Buy skeptically, no risk and haveprofit
wanna use yield farming or staking, choose modern platforms
I use YVS Finance, take a look and understand how smart platform should be like

>>	Anonymous Tue Mar 2 05:28:05 2021 No.30037713 >>30037624 no one said this

>>	Anonymous Tue Mar 2 05:28:41 2021 No.30037734 >>30037687 I can hold my crypto too

Anonymous Tue Mar 2 05:29:05 2021 No.30037752
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Gold has been dumping since AUGUST.
Think of how shitty you feel when BTC dumps for a couple days then rockets up again. Now imagine feeling in that shitty way since AUGUST as you watch people get filthy rich in crpyto.
No wonder Peter Schiff and other boomers are so fucking miserable.

>>	Anonymous Tue Mar 2 05:29:14 2021 No.30037760 >>30037687 I can hold dirt, but nobody wants to buy dirt

Anonymous Tue Mar 2 05:29:15 2021 No.30037761

Oh, [s that real|are you serious|are you joking}? Why do you buy this rubbish?
Want to save your wallet just put your brains back to your head and read this lil boi
>YVS Finance yield farming - that’s what youneed since you know about crypto!
So be smart and get money here, no deposit or extra gas, just a cool staking model!

Anonymous Tue Mar 2 05:29:45 2021 No.30037778

>shiny rock which exists in large quantities and has over supply
>literally TONNES and TONNES of it in space, once we can mine it and send it to earth there is an INFINITE supply
>gold stashes everywhere
>can't transport it properly because it is so heavy
>no longer backed with money so the "real usage" is gone

Anonymous Tue Mar 2 05:30:07 2021 No.30037794

>>30037655
>>30037678
>>30037681
>>30037687
Yeah where is the value in gold. Someone please tell me. Literally a worthless rock with almost zero practical application and almost zero demand for the small practical applications in circuit boards that it does have.
>you can hold it
You can hold my dick too, faggot. How valuable is my dick to you?

>>	Anonymous Tue Mar 2 05:30:18 2021 No.30037797 >>30037687 I can hold my cock and balls. Wanna give it a try? They smell, too.

>>	Anonymous Tue Mar 2 05:30:24 2021 No.30037801 >>30037710 who even writes these bots they're so weird

>>	Anonymous Tue Mar 2 05:30:31 2021 No.30037803 File: 1.67 MB, 2381x1958, 1613014110761.jpg [View same] [iqdb] [saucenao] [google] >>30037760 >>30037734 AHHHHHH I LOST 10% OF MY GOLD. oh wait it's all there.

>>	Anonymous Tue Mar 2 05:30:45 2021 No.30037810 >>30037624 Gold CFD is just paper backed by nothing. At gold futures still has gold to deliver. CFD is pure scam.

>>	Anonymous Tue Mar 2 05:31:23 2021 No.30037831 >>30037794 Honestly hoarding the resources to make lithium ion batteries seems more logical, if not deeply unethical.

>>	Anonymous Tue Mar 2 05:31:34 2021 No.30037834 >>30037803 What point is this even supposed to be making?

>>	Anonymous Tue Mar 2 05:33:17 2021 No.30037896 >>30037834 He's saying you should buy hard gold instead of stonks. 100g of gold in hand today, is 100g of gold tomorrow. If you're hedging against the fiat its $ value has no mensing whatsoever. >>30037834

Anonymous Tue Mar 2 05:33:36 2021 No.30037910
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>holding matter

Unless its antimatter its worthless longterm.
You can transmute any matter into anything else with enough energy and that will happen one day.
Uinverse is infinite in size meaning Gold supply is infinite meaning gold is literally worthless.

Bitcoin is created by humans in a unique non-natural system and will always be scarce and unique with a usecase.

>>	Anonymous Tue Mar 2 05:34:44 2021 No.30037952 >>30037794 Gold is used everywhere retard; electronics, dentistry, medicine, etc

Anonymous Tue Mar 2 05:34:51 2021 No.30037957

>>30037831
How about aluminum even? Super lightweight and infinite practical applications.
If you think about it, even in a SHTF scenario people would be more likely to collect bottlecaps like in Fallout 4 because at least the aluminum allow could be melted down and used for many practical things.

Gold.......gold is not a practical metal with any real practical use case except for a very limited demand for small quantities of it in some electronics.

>>	Anonymous Tue Mar 2 05:34:57 2021 No.30037964 >>30037896 Shiny rocks whether they're in your possession or not are still fucking worthless.

>>	Anonymous Tue Mar 2 05:36:09 2021 No.30038008 >>30037952 Only in extremely small quantities. Not enough to drive a legitimate demand. The amount of gold in a circuit board, for example (which is the only place it's used in electronics) is infinitesimal.

Anonymous Tue Mar 2 05:36:27 2021 No.30038022

>>30037624
gold is money but it's being suppressed so invest at your own risk. If you are worried about risk do not buy gold miners, you can buy the metal and preserve your wealth in the long term. People have gotten addicted to these quick paper profits and have lost patience.

>>	Anonymous Tue Mar 2 05:37:00 2021 No.30038045 >>30037957 Gold is a currency, aluminium isn't.

>>	Anonymous Tue Mar 2 05:39:02 2021 No.30038123 >>30038045 How is gold currency? Who pays in gold?

>>	Anonymous Tue Mar 2 05:39:18 2021 No.30038129 >>30037681 everything has some intrinsic value, you're not saying anything.

>>	Anonymous Tue Mar 2 05:40:27 2021 No.30038168 >>30037964 >shiny rocks >doesn't understand the utility of gold Anon.. Sometimes I worry about you. Tell me more stories of the rocks in space, the ones that have an abundance of this element.. I do love a good scifi story.

>>	Anonymous Tue Mar 2 05:41:14 2021 No.30038194 >>30037624 Gold cheap. Buy gold. Buy commodities. Hold 5-15 years. Win.

>>	Anonymous Tue Mar 2 05:41:46 2021 No.30038210 File: 354 KB, 1888x911, pic7e2e3b579ec4e75649f862fdc6acb584.jpg [View same] [iqdb] [saucenao] [google] >>30037624 Zoom out, it's multi year cup and handle. Commodity supercycle incoming.

Anonymous Tue Mar 2 05:42:23 2021 No.30038231

>>30038045
Yeah gold is not a currency. Gold is something with zero practical uses that boomers sperg out over. Aluminum is something that has actual, practical, useful value. That is the only point.
How is gold a "currency"? What country on Earth uses actual gold as a currency? None?

Anonymous Tue Mar 2 05:42:30 2021 No.30038233

>>30038123
Almost everyone for the last 4000 years.
Zoom out. Gold had been phased out 50 years ago. Historically that is the blink of an eye, a short period of overconfidence in paper money.
This happened many times before and every time they returned to gold

>>	Anonymous Tue Mar 2 05:42:42 2021 No.30038242 >>30038129 No, you zoomer retard. BTC has no intrinsic value

>>	Anonymous Tue Mar 2 05:43:07 2021 No.30038258 >>30037794 Holy shit you are retarded aren't you?

>>	Anonymous Tue Mar 2 05:43:34 2021 No.30038275 >>30038210 But the dump already happened after the cup. Your graph isn't showing the part where instead of rocketing through the roof, it just fell off like a wet limp noodle.

>>	Anonymous Tue Mar 2 05:43:45 2021 No.30038281 >>30038008 Ok and? What the fuck is btc used for? Absolutely nothing

>>	Anonymous Tue Mar 2 05:43:58 2021 No.30038292 >>30038168 Explain to me why gold is so valuable then. "muh intrinsic value" isn't a real argument (((they))) are just unloading this shit on to you and you're happily taking it.

>>	Anonymous Tue Mar 2 05:44:33 2021 No.30038312 >>30038210 Even if would believe in those patterns, there is still a handle missing. Given the timescale, that would mean at least 3 years of downtrend before it goes up. Not a great investment I'd say...

Anonymous Tue Mar 2 05:44:43 2021 No.30038317

>>30038258
I feel like you're probably the sort of boomer that would post that meme of the dog that said "you're a special kind of stupid, aint ya?" and then pat yourself on the back, thinking you made a good comeback and "showed the zoomers who's boss"

>>	Anonymous Tue Mar 2 05:45:17 2021 No.30038336 Check Mochimo guys. Microcap that is growing a lot right now.

>>	Anonymous Tue Mar 2 05:45:39 2021 No.30038349 >>30037624 I prefer PAX Gold to USDC for profit pegs. Eventually I'll swap it back for staking coins during the bear market next year but I remembered the name of the game was escape from fiat

>>	Anonymous Tue Mar 2 05:45:39 2021 No.30038350 >>30038292 The same reason that BTC has any value. People want to have it and there is only a finite amount of it. The difference is that you can hold it and our monkey brains like the shiny

Anonymous Tue Mar 2 05:46:10 2021 No.30038370

>>30038281
That's not true. Cryptocurrency in general is a technology that has a wide variety of use cases and enables services that wouldn't be possible through traditional currency and certainly not through physical commodities like gold.

Not to mention you don't have to transport a cryptocurrency in the same way you need to transport a physical commodity. Much less one as heavy as gold. It's taxing, takes more resources.

>>	Anonymous Tue Mar 2 05:46:42 2021 No.30038391 >>30038210 >he thinks TA based on human emotions is relevant on a 10yr timescale where half the holders from the beginning of the cup are literally dead lmao, could've bought btc in 2012 and been a multimillionaire

>>	Anonymous Tue Mar 2 05:47:57 2021 No.30038431 >>30038370 Yes but none of that is unique to Crypto. Central Banks can just create emoney and tell you to fuck off with your cheap Chinese clone that is only used for cp and drugs. Gold has unique properties

>>	Anonymous Tue Mar 2 05:48:30 2021 No.30038448 File: 38 KB, 1186x449, Screenshot 2021-03-02 134637.png [View same] [iqdb] [saucenao] [google] >>30038312 >>30038275 Ah fuck it's an old chart. It did it's handle in this drop to 1715. Look at oil, nickel, silver. Gold won't give much at this point

Anonymous Tue Mar 2 05:49:22 2021 No.30038470

>>30038350
Hate to break it to you but nobody is buying gold anymore unless it's in electronics. The only people who buy gold are doomsday preppers like you who think that when the global economy crashes people are for some reason going to take your shiny rocks.

>>	Anonymous Tue Mar 2 05:49:36 2021 No.30038482 File: 68 KB, 633x758, 1606372218331.jpg [View same] [iqdb] [saucenao] [google] >>30037752 >4 years for 80% gains at the peak HAHAHAHAHAHAHAHA

>>	Anonymous Tue Mar 2 05:50:13 2021 No.30038497 >>30038242 Yes, it does, it is a widely accepted digital currency.

Anonymous Tue Mar 2 05:50:26 2021 No.30038508

why are people so mad at people owning precious metals? are you poor or what? you are not wealthy with a lot of digits on your phone you are wealthy if you can show me the property you live in the land you own the cars you own etc. digits on a screen are not valuable at all. People who are mad at people that own PM are the same people who are mad at people that own lambos and say HURR DURRR you lost so much money dude!!! a lambo is still a lambo kid.

Anonymous Tue Mar 2 05:50:41 2021 No.30038512

>>30038370
>Cryptocurrency in general is a technology that has a wide variety of use cases and enables services that wouldn't be possible through traditional currency
I'm talking specifically about Bitcoin. Bitcoin is slow, expensive, and is not anynomous. It's inferior to Visa by miles

I'm not arguing about other ecosystems, I believe what they are building on ETH is incredible, and truly revolutionary. But BTC deserves to die

>>	Anonymous Tue Mar 2 05:51:20 2021 No.30038532 >>30038470 Lmao. Do you know how much gold China and the us banks are buying every year? Do you have any idea how much gold they already have and what massive amount of power is behind it?

>>	Anonymous Tue Mar 2 05:52:07 2021 No.30038561 >>30038497 >widely accepted digital currency I can't spend it at the supermarket I can't spend it when buying a car I can't spend it when paying rent/buying a house It's not "widely accepted", even 10 years after its inception. Why? Slow and expensive

Anonymous Tue Mar 2 05:52:22 2021 No.30038574
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>Buy silver at top of 1980 bubble.
>Still 50% down in 2021 after decades of non stop money printing.

Jesus christ precious metal boomers are the biggest retards on the planet.

>>	Anonymous Tue Mar 2 05:52:51 2021 No.30038595 >>30038561 And due to its volatility you will never ever be able to

>>	Anonymous Tue Mar 2 05:53:06 2021 No.30038604 >>30038532 And then what's gonna happen when people just don't buy it because they realize it's worthless? MUH MASSIVE VALUE becomes obsolete if there's no consumer base.

>>	Anonymous Tue Mar 2 05:53:36 2021 No.30038626 >>30038123 it is against the law to use gold as money..if the us dollar is so strong why not let people choose which form of money they want to use? I hate people who say gold isn't money because nobody accepts it as such lmfao..such a red herring

>>	Anonymous Tue Mar 2 05:53:49 2021 No.30038634 >>30038595 Yes, exactly. Bitcoin has completely failed in it's mission.

>>	Anonymous Tue Mar 2 05:53:56 2021 No.30038639 >>30038604 You talking about Crypto?

>>	Anonymous Tue Mar 2 05:54:37 2021 No.30038661 >>30038508 people who shit on others for owning precious metals are jews or have been successfully brainwashed by jews

>>	Anonymous Tue Mar 2 05:55:38 2021 No.30038701 >>30038574 yes it's sad but it doesn't mean the fundamentals aren't there..prices should be much higher but the entire united states economy relies on a cheap gold and silver price.

>>	Anonymous Tue Mar 2 05:55:41 2021 No.30038707 >>30038508 No one is mad, we're just laughing at you. >>30038634 >iii....its failed its mission, see its not bad that I don't own it! cope

>>	Anonymous Tue Mar 2 05:55:56 2021 No.30038714 File: 79 KB, 1200x403, Euc4RKUXcAA9QVn.jpg [View same] [iqdb] [saucenao] [google] >>30037624 Ahahahahahah

Anonymous Tue Mar 2 05:56:35 2021 No.30038742

>>30038639
It rings true for everything. Goldfags act like they're so superior because it's "physical" but at the end of the day if nobody buys it it's worthless. So acting like gold is the superior is just retarded, if nobody buys ur shit (crypto included) it's worthless.

>>	Anonymous Tue Mar 2 05:56:39 2021 No.30038746 >>30038604 gold is not worthless and never will be, it might say so on the manipulated commodities exchange

>>	Anonymous Tue Mar 2 05:56:59 2021 No.30038767 >>30037803 >>30037896 >have 5 btc >Bitcoin dumps >aaahh I lost all of my btc >oh wait I still have 5 ??? What the fuck is your point retard?

>>	Anonymous Tue Mar 2 05:57:01 2021 No.30038769 >>30038707 Is that your comeback? I have BTC in my portfolio, 40% of it in fact. I want to make money like everybody else, and I recognize the cycle we are in; regardless, I'm still critical on BTC

>>	Anonymous Tue Mar 2 05:57:53 2021 No.30038798 >>30038714 bggestf jewish meme propaganda ..buy fiat math goy not gold

>>	Anonymous Tue Mar 2 05:57:59 2021 No.30038801 >>30038707 >iii....its failed its mission, see its not bad that I don't own it! Strawman. Tell me when will Bitcoin be accepted as payment for cars,food or houses and why?

>>	Anonymous Tue Mar 2 05:58:04 2021 No.30038807 >>30038210 >just hold for 50 years bro

>>	Anonymous Tue Mar 2 05:59:22 2021 No.30038853 >>30038508 they are just seething indians

>>	Anonymous Tue Mar 2 06:00:10 2021 No.30038882 >>30038707 why laughing because people who own PM have actually some wealth secured? meanwhile you are some unemployed fuck with a 5 digits in his portfolio?

>>	Anonymous Tue Mar 2 06:00:22 2021 No.30038885 my project is perfect >pajeets try to show rubbish on /biz/ >they can’t learn how pos and pow algo works on enecuum only clever guys can learn it and make platform

>>	Anonymous Tue Mar 2 06:01:46 2021 No.30038942 >>30038807 This fucking attitude. Kek we truly are back in the 20s. Everyone just takes massive gains within days or weeks as the new normal.

Anonymous Tue Mar 2 06:02:56 2021 No.30038976

>>30037952
This is a dumb argument. Yes, gold has industrial uses, but only a tiny tiny amount is used for those, and gold was still highly valuable before it started having industrial uses in the 20th century. That is not why gold is valuable, it's just a slight-of-hand that goldfags use to ignore the fact that gold, just like everything else, relies on other people perceiving it to be valuable in order to have value. Just like crypto.

>>	Anonymous Tue Mar 2 06:04:00 2021 No.30039018 File: 740 KB, 1000x1187, Chad.png [View same] [iqdb] [saucenao] [google] >>30037624 >He still thinks that paper gold is real gold

>>	Anonymous Tue Mar 2 06:05:12 2021 No.30039058 >>30038976 except that it's not...the price of gold and silver are determined on the comex and lbma...if the people were able to freely determine the market price for precious metals they would be substantially higher.

Anonymous Tue Mar 2 06:05:14 2021 No.30039060

>>30038470
BTC is literally Gold 2.0. It failed at it's original use (a currency) and is solely traded on speculation. I have 1 Oz of gold for the hell of it but will not buy a cent more. That said it does feel satisfying as fuck to hold, monkey brain loves the shiny rare coin

>>	Anonymous Tue Mar 2 06:05:44 2021 No.30039067 >>30037794 >How valuable is my dick to you? very uwu :3

>>	Anonymous Tue Mar 2 06:06:04 2021 No.30039079 >>30038976 it's rare = value proof of work = value unlike crypto it has some intrinsic value

Anonymous Tue Mar 2 06:06:08 2021 No.30039081
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>>30038574
The COMEX will never default
WallStreetSilver doesn't exist
Hyperinflation can go on indefinitely
Tens of trillions of dollars will not eventually chase the minuscule supply of silver
Bitcoin is usable as a currency
Russia owns more Bitcoin than dollars not gold

>>	Anonymous Tue Mar 2 06:06:43 2021 No.30039100 >>30038976 You are making the obvious point that anything has whatever value someone else is willing to pay for that thing. That's obvious. I'm not discussing value per se, I'm discussing intrinsic value.

>>	Anonymous Tue Mar 2 06:07:28 2021 No.30039125 >>30038242 do you really believe this or are you intentially trying to fud the market? I refuse to believe you're this dumb or you just have not done your due diligence.

Anonymous Tue Mar 2 06:07:49 2021 No.30039136

>>30038976
Yes and the establishment continues to see and treat it as valuable.
Every nation defines its financial security through the size of its gold reserves.
Gold is highly manipulated because there is a financial war going on between China and the USA where China is trying to pump gold through trickery in the IMF to weaken the dollar and the US is trying to dump it to keep their petrodollar.
They are doing the same with BTC except the US is not dumping it, because they can simply ban or break it if necessary

>>	Anonymous Tue Mar 2 06:09:55 2021 No.30039220 >>30039125 >due diligence Go on then, outline to me what intrinsic value BTC has

>>	Anonymous Tue Mar 2 06:10:51 2021 No.30039250 >>30039220 i dont believe in casting pearls before swine

>>	Anonymous Tue Mar 2 06:11:55 2021 No.30039283 >>30039250 More like you don't believe in having a discussion because you have nothing intelligent to say

>>	Anonymous Tue Mar 2 06:13:09 2021 No.30039319 >>30039250 >Ran out of arguments >Defaults to ad hominem BTC truly is a cult

>>	Anonymous Tue Mar 2 06:13:37 2021 No.30039334 >>30039283 you invested 40% of your portfolio in something you don't even understand. Intelligence to you is just words, words, words.

>>	Anonymous Tue Mar 2 06:15:38 2021 No.30039410 >>30039334 First of all no one "invests" in crypto. People "speculate" in crypto, there's a big distinction there. I understand BTC and I understand market cycles. Can you answer >>30039220 ?

>>	Anonymous Tue Mar 2 06:16:09 2021 No.30039431 >>30037752 >barely manages a 2x in 4 years. I swear gold is worse than most pajeet scamcoins.

>>	Anonymous Tue Mar 2 06:16:11 2021 No.30039435 >>30038561 That's not what it's supposed to do. You can exchange it for other assets tho. And bitcoin can't be taken away by anyone, unlike your shiny rocks.

>>	Anonymous Tue Mar 2 06:16:35 2021 No.30039455 >>30039410 Even worse lol.

>>	Anonymous Tue Mar 2 06:17:06 2021 No.30039470 >>30039435 >That's not what it's supposed to do It absolutely is what it's supposed to do. Did you read the whitepaper?

>>	Anonymous Tue Mar 2 06:18:08 2021 No.30039502 >>30039455 Alright, it's clear you don't want to have a discussion, I'm done talking to you

>>	Anonymous Tue Mar 2 06:18:11 2021 No.30039505 >>30037655 There is endless gold everywhere in the universe. Its basically the same as fiat money

Anonymous Tue Mar 2 06:19:41 2021 No.30039560

>>30039431
How fucking retarded are you?
Gold has ZERO long-term speculative value, none.
Gold is a store of value and is used as protection against inflation. That is the only correlation gold has, money supply. The difference to BTC is that it doesn't rely on a network or electricity and that it can't be broken or bricked ever.

>>	Anonymous Tue Mar 2 06:19:57 2021 No.30039572 >>30039502 so when do you plan on dumping your btc for gold? 100k?

>>	Anonymous Tue Mar 2 06:21:04 2021 No.30039614 File: 214 KB, 1200x1200, 142875298250.jpg [View same] [iqdb] [saucenao] [google] I hold gold and silver specifically because I despise the idea of the value of my labor being a digital asset.

>>	Anonymous Tue Mar 2 06:21:30 2021 No.30039631 It's an investment in a quantity of metal not a price in USD. Crypto is just a tool for illegal gambling.

Anonymous Tue Mar 2 06:23:01 2021 No.30039676

>>30039435
>bitcoin can't be taken away by anyone
Imagine actually believing that the establishment that developed stuxnet, murdered countless leaders, sent millions to their deaths in war, let millions more starve to death and has an infinite supply of financial means, all just to protect their little fiat scheme that holds all of their power, will just sit idle while you decentralise their power, instead of just finding a way to brick it.
Zoo zozzle

Anonymous Tue Mar 2 06:23:38 2021 No.30039698

>>30039470
That's not what it's supposed to do, because a deflationary currency can't be used like money per say.
You can buy boomer rocks or stonks directly with your BTC if you decide to leave the crypto market. And if you don't, you can go into DeFi and not use a bank anymore.
In fact I haven't used a bank account for anything except buying crypto for 2 years now.
I have my day to day costs in USDT and get 6% APY and spend in with a crypto credit card. I have my savings in BTC/ETH/LINK, I trade stonks on a synthetic platform and when I need a loan I just collateralize my ETH and get USDT.

This is the intrinsic value of crypto.

Anonymous Tue Mar 2 06:24:36 2021 No.30039732

>>30038512
>I'm talking specifically about Bitcoin
Lol well tough shit. Nobody else is talking specifically about bitcoin. Bitcoin is incredible for what it is and when it was created, but at this point as technology has progressed, Bitcoin is essentially the boomer coin. Anyone here would be the first to tell you that. It's the most valuable and the market movies with it and normies know about it, but you don't get to arbitrarily disregard all of the amazing technology that provides loads of services and benefits that is attached to cryptocurrency just because it's convenient to you.
Keep holding your gold. In a year it will finally be worth next nothing.

>>	Anonymous Tue Mar 2 06:24:45 2021 No.30039739 File: 6 KB, 231x218, 1608989440849.jpg [View same] [iqdb] [saucenao] [google] >>30039676 imagine trading precious bitcoins for useless fiat or shiny rocks

>>	Anonymous Tue Mar 2 06:25:08 2021 No.30039756 >>30039676 All they had to do to stop crypto is to crack Satoshi's wallet. And they still can't. That's the best proof the whole world is powerless against bitcoin.

Anonymous Tue Mar 2 06:26:54 2021 No.30039805

>>30037734
>>30037794
If you havent realised its held by all the banks meaning these huge whales holding it give it value and this is on a global scale makes it inflation proof due to its "fixed" supply and universal hold
before u sprout something stupid yes aslong as everyone values it it has value

>>	Anonymous Tue Mar 2 06:27:26 2021 No.30039826 >>30037624 You mean schiff? The guy who makes a % when someone buys gold and custodies it with his custodial services?

>>	Anonymous Tue Mar 2 06:27:32 2021 No.30039828 >>30039698 Ok, you didn't read BTC whitepaper See >>30038512 I'm critical of BTC, not other ecosystems >>30039732 I don't own gold

Anonymous Tue Mar 2 06:30:14 2021 No.30039909

>>30039560
>it can't be broken or bricked ever
Sure. But by the time bitcoin is bricked I will have made enough money with it to purchase an asteroid mining drone that brings me 100 tonnes of gold per day.
Although then I wouldn't want to do that because there would probably be more gold on earth than paper.

Anonymous Tue Mar 2 06:30:47 2021 No.30039931

>>30039739
>>30039756
It's amazing how brainwashed people are to not see them as they threat they are.
I would love to see them crushed by Crypto, but the reality is that they're not even really trying right now.
They have found ways for everything so far. They will not stop at anything if Crypto threatens their power.
What happens if they kidnap the Devs?
What happens if they brick all the miners?
What happens if they just destroy the value by banning fiat to Crypto transactions?
What happens if they turn the NPCs against you by running fake news that Iran is using Bitcoin to bypass sanctions in order to by orphan-seeking sarin bombs?
You just haven't seen what they are willing to do and how powerful they really are.

>>	Anonymous Tue Mar 2 06:32:39 2021 No.30039982 File: 1015 KB, 200x200, 1612718868328.gif [View same] [iqdb] [saucenao] [google] >>30039931

Anonymous Tue Mar 2 06:33:51 2021 No.30040026

>>30039909
>Muh asteroid mining
Earth is one of the gold richest places in the universe known to mankind.
There is 0 scientific evidence that asteroids even have any amount of gold in them that would be worth the effort.

As for the bricking, it will only take them as long as it takes them to establish the E-Dollar. As soon as their product will compete with crypto, they will have a casus belli they can use in the government to get any legislation or funding or diplomatic force they need.

Anonymous Tue Mar 2 06:34:15 2021 No.30040037

>>30037624
/pmg/ is a laughingstock of this board, even bigger than the XRP Schizos. You shouldn't take them seriously, the time of gold and silver has come to an end, they will become cheap industrial metals as Crypto space drains the wealth out of other assets.

>>	Anonymous Tue Mar 2 06:35:19 2021 No.30040081 >>30039982 See that is what's so funny. You think this is ridiculous outlandish, yet they have done plenty of things that are even more outlandish or brutal in the past.

>>	Anonymous Tue Mar 2 06:37:10 2021 No.30040143 >>30039805 >its held by all the banks souce?

>>	Anonymous Tue Mar 2 06:39:42 2021 No.30040227 >>30039732 >Keep holding your gold. In a year it will finally be worth next nothing. I refuse to believe this is an actual human and not a shill.

>>	Anonymous Tue Mar 2 06:41:41 2021 No.30040296 >>30038281 Its used for getting rich lmao

Anonymous Tue Mar 2 06:42:26 2021 No.30040323
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>>30039931
They have to cling to this cope that they will escape the slave Matrix with their internet coins or they would unironically kill themselves.

I know a lot of guys in real life that are DESPERATELY clinging to the delusional that the kikes will someone let them side-step the slavery they have planned for us all because they bought the 'right' crypto. these guys would commit suicide for real if they didnt have this digital savior, its getting really ugly out there. Clown world gets more hostile and anti-human by the second

Anonymous Tue Mar 2 06:42:37 2021 No.30040335

>>30040026
>There is 0 scientific evidence that asteroids even have any amount of gold in them that would be worth the effort.
There is evidence that many asteroids contain significant amount of gold. The only thing that needs to be reduced is the effort required to mine it.
Also, will this E-Dollar allow me to run smart contracts on their blockchain? Will it be used as anything else than currency? I would expect it to if they want it to compete with crypto.

>>	Anonymous Tue Mar 2 06:44:19 2021 No.30040398 >>30040335 Even if the effort to asteroid mine gold was reduced, no one would mine it because it's useless junk.

>>	Anonymous Tue Mar 2 06:44:40 2021 No.30040413 >>30040227 Gold will finally become worth absolutely nothing once DeFi has totally taken hold. If that happens by next year then gold will be worthless by next year.

Anonymous Tue Mar 2 06:45:49 2021 No.30040450

>>30039220
What is intrinsic value? Did Gold not have intrinsic value before the industrial revolution? Then why was it used for payment before that and even more so than after the IR? Do contracts like insurance policies have intrinsic value? It's all just imaginary words we agreed. You can't touch them, you can't eat them you can't use them for anything. And yet banks will use life insurances as securities for loans and people pay billions to store their money in them or to hedge against personal catastrophes.

Intrinsic Value is a meaningless term that can't even be clearly defined. If you want use cases for Bitcoin there is plenty. It's the most secure permissionless, transparent, global, borderless, fast, uncensored and independent payment network. It has more properties but you get the idea. I can use Bitcoin and put them as securities for smart contracts for example as collateral for a loan. As the most secure Crypto it's the safest collateral to have. I can create a Bitcoin smart contract that pays far into the future and I can pass them on to my children via Multisig wallets without needing to give it to governmental control. It's the ultimate store of value that is purely determined by supply and demand and cannot be altered by an outside party. If I send 1,000 Bitcoin to the moon and say the first person to collect them gets to keep them, nobody can change anything about that even if that person comes after 1000 years.

This way we can create contracts that aren't just absolute, they are absolute over long periods of time. I can make a contract with my grand grand children and pay them Bitcoin if they manage to build a Dyson sphere. The possibilities are endless. Blockchain will be the way to build and create generational mega projects, free from government control.

If you don't see the value in that it's simply because you are to us what cavemen are to modern humans. You simply cannot grasp the current and future technology and only understand rocks

>>	Anonymous Tue Mar 2 06:46:48 2021 No.30040481 >>30037794 jewelry anon, jewelry always has been and always will be the biggest use case for gold, hence why it will always have value. Or do you think women will suddenly stop being vain?

>>	Anonymous Tue Mar 2 06:47:01 2021 No.30040490 File: 45 KB, 693x443, images (27).jpg [View same] [iqdb] [saucenao] [google] >mfw I noticed people bought the wrong gold last year >mfw I bought the right gold, digital gold

>>	Anonymous Tue Mar 2 06:47:50 2021 No.30040519 >>30040413 You are absolutely fucking delirious. I cant wait for you to jump to your death when the kikes wave away this mirage that you have invested your whole life into.

Anonymous Tue Mar 2 06:48:19 2021 No.30040539
File: 145 KB, 970x533, OG.jpg [View same] [iqdb] [saucenao] [google]

Gold is just as weak as the dollar. Gold will only be useful if there is a society that values or buys it.
Say the world faces a real problem like nuclear war, meteor hit, ice ace, super volcano erupts, virus, solar flare take out power world wide for months, etc.. no new fuel has been delivered in a year so all cars are dead. Roll into a town with a cart full of:
A. Gold & Silver
B. Food and water hand pump + filtration
C. Guns and ammo
D. How to books covering every topic

Only 1 of above is useless to that town. 1 item that has no value to them or will keep them alive. Not saying gold is bad investment, just it needs a society wanting to buy it for it to have the value that it does.

>>	Anonymous Tue Mar 2 06:48:22 2021 No.30040541 >>30040143 Seriously? You need to read up on your history anon: https://centralbankgold.org/reserve-statistics

>>	Anonymous Tue Mar 2 06:48:40 2021 No.30040549 >>30037624 hahahhaahhahahahha Imagine buying gold when you could buy btc

Anonymous Tue Mar 2 06:52:05 2021 No.30040682

>>30040481
This is a completely backwards argument. Our society didn't start to appreciate jewelry and that's why we need gold our society agreed that Gold is valuable and that's why jewelry impresses us. It's a way to show off your wealth. If Gold is worthless then jewelry is worthless and Millenials and future generations already don't see the point of this vanity. Because why would a millennial care about that? It's the opposite nowadays. Current generations will assume you're bad with money if you spend too much on necklaces, rings or watches. We live in a digital age where we can show each other how much we own with a Screenshot of our bank account. And with the blockchain we don't even need to show of. Everyone can see the "whales" and everybody can prove to anyone how much they have without needing to buy dumb jewelry.

Jewelry will become obsolete in the future, because nobody will care about that. Millenials and Zoomer have different status symbols.

Anonymous Tue Mar 2 06:53:44 2021 No.30040728
File: 101 KB, 1200x822, gold_fakes.jpg [View same] [iqdb] [saucenao] [google]

The biggest problem with gold is that its so easy to fake now. Chinese tungsten knockoffs have flooded the market. Selling/buying to private persons is fucked up because you could be getting fakes.

Goldfags are looking into using digital certificates (BLOCKCHAIN) to secure their golds authenticy. HAHAHAHA

https://www.reuters.com/article/us-gold-swiss-fakes-exclusive-idUSKCN1VI0DD

>83 Tons of Fake Gold Bars Backing $3 Billion Loans in China
>Up to a Third of Goods Sold Through Online Gold Exchanges Could be Fake According to Reports

Anonymous Tue Mar 2 06:55:33 2021 No.30040800

>>30040335
Alk anyone on the street what a smart contract is and 99.9 % of people don't give a shit. They want to buy alcohol, cigarettes and pay for their loan and Netflix subscription.
The only relevant argument for Crypto over fiat right now is transaction fees and convenience.
Normalfags don't understand Inflation, so limited supply is something they see as a negative aspect after being told for decades that Inflation is good.

>>	Anonymous Tue Mar 2 06:56:30 2021 No.30040839 >>30040413 You are deluded, that will never happen. Also DeFi is in it's infancy

Anonymous Tue Mar 2 06:56:34 2021 No.30040843
File: 70 KB, 1170x742, 1321442287058.jpg [View same] [iqdb] [saucenao] [google]

>>30040682
so you believe that women will somehow stop being vain?
>Millenials and Zoomer have different status symbols
in muttland maybe, but definitely not in China, India, the Middle East, Africa, Russia, so in other words the vast majority of the world

>>	Anonymous Tue Mar 2 06:56:36 2021 No.30040845 >>30040450 >Intrinsic Value is a meaningless term Stopped reading there

Anonymous Tue Mar 2 06:57:50 2021 No.30040893

>>30040728
That's something I didn't even address but it's true. Current generations don't even know how to appreciate gold or tell fake gold from real gold. They don't know what karat means. To a millennial gold has as much value as brass. Gold dies with boomers

>>	Anonymous Tue Mar 2 06:58:50 2021 No.30040933 >>30040450 >Blockchain will be the way to build and create generational mega projects, free from government control. Thats never happening without violently removing current governments.

Anonymous Tue Mar 2 06:59:57 2021 No.30040970

>>30040682
>Jewelry will become obsolete in the future, because nobody will care about that. Millenials and Zoomer have different status symbols
Kekkkkk
It's literally the "we are smarter than anyone before us now" argument.
Absolutely every retard said that a trillion times for probably as long as mankind existed and they were all wrong

>>	Anonymous Tue Mar 2 07:00:13 2021 No.30040978 >>30037681 Yes, my gold has 15% less intrinsic value compared to when I bought it

>>	Anonymous Tue Mar 2 07:00:26 2021 No.30040985 >>30040893 >>30040682 >>30040450 this kid is living in a fucking dreamworld

Anonymous Tue Mar 2 07:01:42 2021 No.30041020

>>30040843
I know you're old and don't know how generations nowadays think but yes, the younger generations will literally not care about jewelry. Rather opposite they will look at you with disgust if you put any value in vain stuff.
Nowadays it's more important how many Instagram followers you have or how many snapchat friends you have or whatever. Check out all the tools that get made fun off because they think they can impress anyone by putting cars in their Instagram profile pics. The things that have value to millennials is showing you can travel the world and showing you have time to do Yoga or whatever

>>	Anonymous Tue Mar 2 07:01:59 2021 No.30041031 >Gold is a store of value >Goes down in value You can’t make this shit up fucking hell

>>	Anonymous Tue Mar 2 07:02:39 2021 No.30041053 >>30039614 ted didnt use stones and arrows to attack his targets either.

>>	Anonymous Tue Mar 2 07:02:40 2021 No.30041054 >>30038233 alright nigger sure I'll fucking mail you a massive chunk of gold when I wanna buy a house oh wait that's fucking retarded

>>	Anonymous Tue Mar 2 07:02:41 2021 No.30041055 >>30040978 KYS please or post better bait. Intrinsic value hasn't changed, only the spotprice has changed. But you probably think intrinsic value is imaginary anyways so there is no point in explaining why it hasn't changed

>>	Anonymous Tue Mar 2 07:02:42 2021 No.30041056 >>30040845 Then you will die dumb

>>	Anonymous Tue Mar 2 07:03:05 2021 No.30041068 >>30040970 No it's literally the we don't spend money on physical goods anymore argument. Do you own expensive furniture? All I have is from Ikea. I just don't care and neither does anyone else.

>>	Anonymous Tue Mar 2 07:03:44 2021 No.30041090 >>30040933 >>30040985 Sorry gramps, but that's the reality of the world. Your time is over. People don't give a shit about what you thought was valuable or high status anymore

>>	Anonymous Tue Mar 2 07:04:18 2021 No.30041107 >>30041055 It's value is determined by how many goods and services I can exchange it for, and that's 15% less now. I don't actually need a shiny piece of metal, the intrinsic value of the object itself is zero to me.

Anonymous Tue Mar 2 07:04:43 2021 No.30041121

>>30041020
>the younger generations will literally not care about jewelry
Ok so who bought the gold-plated apple SmartWatches? Retarded zoomers did.
I'm 25 and people around me all still value jewelry. If you think that a tradition that lasted for over 6000 years just ends because muh 1s and 0s you are absolutely brain-dead

Anonymous Tue Mar 2 07:05:01 2021 No.30041135
File: 286 KB, 1280x720, 1614535234886.jpg [View same] [iqdb] [saucenao] [google]

>>30037624
>own some "digital gold"
>power is cut off
>can't sell it can't transfer it can't exchange it
>look out window
>formerly well to do housewife is leaving your boomer neighbor house holding something shiny in hand
>use old battery radio
>looped emergency broadcast about nationwide blackout on all frequencies
>hang yourself to ease internet withdrawal syndrome

>>	Anonymous Tue Mar 2 07:05:19 2021 No.30041157 >>30037794 LMAOOOOOOOOOOO

>>	Anonymous Tue Mar 2 07:05:46 2021 No.30041174 >>30041054 No you bring it in person you dumb faggot. Also you'll probably just need to carry 10 coins.

>>	Anonymous Tue Mar 2 07:06:12 2021 No.30041189 >>30041135 >own actual gold >apocalyptic scenario occurs >your neighbor doesn't actually want to trade his food and ammo for you shiny rock Should've hoarded weapons and deenz

Anonymous Tue Mar 2 07:06:30 2021 No.30041199
File: 99 KB, 762x557, 1606254441943.jpg [View same] [iqdb] [saucenao] [google]

>>30041020
All this shows me is how unaware of the real world you are, how unaware of history you are, and how unaware of human nature you are. But then again most zoomers are midwits of the highest order, so I'd expect nothing less.

>>	Anonymous Tue Mar 2 07:06:32 2021 No.30041200 >>30037624 seethe cryptokike

Anonymous Tue Mar 2 07:06:43 2021 No.30041207

>>30039079
Crypto has intrinsic value for its efficiency in facilitating secure, decentralized global transactions. It doesn't matter what exactly the price of bitcoin is, anyone can use bitcoin to send money cross border far more easily than fed wire. But that's slow old boomer bitcoin, smart contract platforms have even more intrinsic value as highly efficient transactional instruments, and the underlying tokens have natural demand and use case without relying on people to accept it as the de facto currency (although it can act as one too).

>>	Anonymous Tue Mar 2 07:06:49 2021 No.30041213 >>30041107 Thanks for proving my point. You don't understand the difference between price and intrinsic value

>>	Anonymous Tue Mar 2 07:06:53 2021 No.30041217 >>30041121 No zoomer even has the money for gold plated smart watches lmao. The only people that buy this are busted Boomers that want to "go with the times" but don't realize they don't fit into this society anymore

>>	Anonymous Tue Mar 2 07:07:17 2021 No.30041235 >>30038470 >Nobody is buying gold anymore Gold literally unavailable from dealers due to rampant buying.

>>	Anonymous Tue Mar 2 07:08:11 2021 No.30041261 File: 56 KB, 600x370, memory stick with gold.jpg [View same] [iqdb] [saucenao] [google] How will you mine crypto without gold ?

>>	Anonymous Tue Mar 2 07:08:16 2021 No.30041265 >>30041235 >rampant buying >goes down in price smells like GME in here

Anonymous Tue Mar 2 07:08:37 2021 No.30041277

>>30041213
I already told you, the intrinsic value of a shiny rock that can't be exchanged for goods and services is zero. I'd toss it out the window if I wouldn't be able to exchange it for goods and services
>but muh industrial use
out the window it goes

>>	Anonymous Tue Mar 2 07:09:36 2021 No.30041314 >>30037655 That's your cope? Have fun losing money

Anonymous Tue Mar 2 07:10:22 2021 No.30041340

>>30041217
>Muh poor zoomers
Can we stop this autistic meme about zoomers not having any money?
Who buys all the supreme, Gucci and Yeezy garbage?
Plenty of zoomers with rich parents that throw money everywhere.
Stop projecting and start reflecting.
Just because you are poor and everyone keeps crying on social media about how poor they are doesn't mean everyone is actually poor

>>	Anonymous Tue Mar 2 07:10:54 2021 No.30041363 >>30041261 >ummm actually there is an industrial use for gold Yes and the price based on that would be closer to the price of copper. Do you see me buying and storing copper at my house

>>	Anonymous Tue Mar 2 07:11:28 2021 No.30041378 >>30041277 Once again failure to understand the value of gold. I'm not even going to bother with you

Anonymous Tue Mar 2 07:13:26 2021 No.30041448
File: 102 KB, 1242x1232, chf3q1w3yh311.jpg [View same] [iqdb] [saucenao] [google]

>>30041199
If it makes you feel better you can continue to believe that future generations will one day return to ye Olde values and go back to throwing thousands of dollars for engagement rings and look at you at awe for wearing a 6 figure Rolex or whatever. It doesn't change what the real trend is

Anonymous Tue Mar 2 07:14:14 2021 No.30041481

gold depreciating in value means you are throwing dollars away buying fictional ledger entries (aka crypto)
you "gain" nothing until you sell with profit.
all that green can go red to -99% any day. The more you hold, the more risk you incur.
sell now, moron.

once the fed increases the interest rates to keep the U.S. credit rating above Argentina-tier shitholes, and collapses the stock market by 20%, your little digital tokens will collapse by 99%, your transaction history tracked and reported, and you will go to federal jail for the rest of your life for funding terrorists by buying BTC.

Oh and also expect an over 9000% tax on every single crypto transaction.
Sell now before they dump it, so at least you can afford a good lawyer and get out of jail in 7 years.

>>	Anonymous Tue Mar 2 07:14:37 2021 No.30041497 File: 699 KB, 2560x1811, 1614335967744.jpg [View same] [iqdb] [saucenao] [google] >>30041363 >industrial use >copper price >silver price >rhodium price - holy shit! have fun staying poor!

>>	Anonymous Tue Mar 2 07:16:42 2021 No.30041562 File: 25 KB, 400x462, 1614008516165.jpg [View same] [iqdb] [saucenao] [google] >>30041448 ew. this anon is poor. none of this is true. you are literally just poor and only know poor people.

Anonymous Tue Mar 2 07:16:45 2021 No.30041565

>>30041340
The point is that hyper luxury is a dying industry. Yea sure there are posh kids that still get mashed into their brains that brands and jewelry are status symbols but they will become more and more of majorities. The general trend is away from vanity and status symbols and instead being able to tell your life story with travel, blogs, Instagram etc.
The people current generations look up to nowadays are Mr Beast and Pewdiepie and whatever Instagram Hottie is currently popular not Warren Buffet or whoever

Anonymous Tue Mar 2 07:17:52 2021 No.30041624
File: 4 KB, 126x126, 1338293044681.jpg [View same] [iqdb] [saucenao] [google]

>>30041448
>women will accept amethysts and clear quartz over diamonds
Ahhh, so what you've been trying to say is you know nothing about women, cause bloody hell, nothing says kissless virgin more than this post

>>	Anonymous Tue Mar 2 07:18:17 2021 No.30041641 >>30041481 >sell now, moron. kys boomer

>>	Anonymous Tue Mar 2 07:18:20 2021 No.30041645 Crypto will get fucked if the cost of producing an ASIC Miner will be above 100k USD due to commodity shortage.

>>	Anonymous Tue Mar 2 07:19:19 2021 No.30041675 >>30041624 jeez, i feel sorry for you.

Anonymous Tue Mar 2 07:19:47 2021 No.30041689

>>30041565
>tell your life story with travel, blogs, Instagram etc
Literally the definition of luxury.
Unless we are going back to a daily struggle for survival, gold and overpriced brand items aren't going anywhere.
Even in the biggest Shitholes where people starve daily, status symbols are still omnipresent

>>	Anonymous Tue Mar 2 07:20:15 2021 No.30041705 >>30041624 When is the last time you've talked to a woman anon? A young woman in her 20s? You have no idea.

Anonymous Tue Mar 2 07:20:56 2021 No.30041724
File: 28 KB, 1000x1000, What you need is what you get.jpg [View same] [iqdb] [saucenao] [google]

See pic? Pic is something everyone will want along with 1 other device if you have to use gold to survive. Pic will be worth easily more than all your gold.
Many of you dont know what pic is, how it works or even why it exists. This is why people holding gold and silver will fail.

>>	Anonymous Tue Mar 2 07:21:30 2021 No.30041737 >>30037801 >who even writes these bots Pajeets in Mumbai. We need flags on /biz/

>>	Anonymous Tue Mar 2 07:21:51 2021 No.30041748 >>30038281 boomer status: triggered lmao

>>	Anonymous Tue Mar 2 07:22:08 2021 No.30041755 >>30041724 You always need commodities to produce picrel ;)

>>	Anonymous Tue Mar 2 07:24:00 2021 No.30041815 >>30041261 >How will you mine crypto without gold ? the demand isn't that high to justfy the price

>>	Anonymous Tue Mar 2 07:24:35 2021 No.30041834 >>30041815 See >>30041497 >>30041645

Anonymous Tue Mar 2 07:25:04 2021 No.30041849

>>30041689
You get that backwards. In shitholes gold and jewelry are STILL omnipresent. Third world still care about jewelry, but the trend for first world countries is away front that. I'm not saying that people are stopping being vain, I'm saying the new generations care about different things and jewelry and gold are not among those

>>	Anonymous Tue Mar 2 07:25:47 2021 No.30041871 >>30039931 >>30040323 This is literally cuck mentality. >hurr durr they are omnipotent so I won't do anything to challenge them just stay in the pod with your shiny metal Fuck boomers

Anonymous Tue Mar 2 07:26:04 2021 No.30041882

>>30041724
>Omg it's just going to be like my postapocalypse show/movie/book/Vidya
If you think people will give up the benefits of currency, you are retarded.
Also it's very unlikely that it will get that bad.
A post WW2 Germany is a way more likely scenario and PMs were extremely valuable during that time

>>	Anonymous Tue Mar 2 07:26:17 2021 No.30041894 >>30041834 you're putting the cart before the horse lol

Anonymous Tue Mar 2 07:28:10 2021 No.30041964

>>30037655
Gold is real Gold. It's an element. It is literally a shiny metal. We find it in rocks. The only reason you think it's real money is because we have traditionally ascribed value to it as a society. It is no different to BTC in this regard. Have fun staying poor.

Anonymous Tue Mar 2 07:28:10 2021 No.30041965

>>30041705
I'm a high school teacher champ, I work with zoomers and boomers and every age in between every day, and everyone likes to convince themselves they're different and special and not like the last generation, but one thing you can always count on is a woman's vanity. If you haven't learned that lesson yet, a gentle word of encouragement to do so. But of course, that won't convince you to believe me and nor do I expect it to, who would believe someone on an anonymous Himalayan yak-shaving forum?

>>	Anonymous Tue Mar 2 07:28:57 2021 No.30041990 >>30037655 >post apocalypse >try to buy food >only have single gold bar How exactly would you expect to handle a situation like this, OP?

>>	Anonymous Tue Mar 2 07:29:11 2021 No.30041995 >>30041748 I'm 26

>>	Anonymous Tue Mar 2 07:29:33 2021 No.30042013 >>30041965 Oh please do quote your students conversations about gold and jewelry I would love to read that larp

>>	Anonymous Tue Mar 2 07:30:13 2021 No.30042041 >>30041965 this is the guy teaching our youth, holy fuck.

Anonymous Tue Mar 2 07:30:26 2021 No.30042049

>>30041871
Not a boomer. I just pick fights that I know I have a chance to win. Life is not a movie, the good guys don't always win.

>>30041849
So many times the modern west has developed fantastic technologies that should have revolutionised the world, but in the end they always returned to human instincts.
The Romans took so many technologies and achievers to their grave. For centuries people forgot how to build proper bridges and aqueducts.
All their culture was lost for centuries.
Can you imagine what a Roman 300AD thought Europe would look like in 1000 years? Not the shithole it was in 1300 that's for sure.

>>	Anonymous Tue Mar 2 07:31:27 2021 No.30042093 >>30041990 Cut a piece off of it?

>>	Anonymous Tue Mar 2 07:31:48 2021 No.30042105 >>30041894 gold/silver rising is always only a SYMPTOM in a commodites inflation. its not a reason.

Anonymous Tue Mar 2 07:33:59 2021 No.30042191

>>30040539
>Not saying gold is bad investment
i'll say it for you
gold is bad investment
with diminishing returns
with zero world currencies tied to it
with people wearing less and less genuine gold jewelry every year
with more markets opening up for retailers
with more niggers robbing houses and murdering the owners because they heard they hoarded shiny rocks

>>	Anonymous Tue Mar 2 07:34:00 2021 No.30042192 >>30042105 Gold only has one correlation and that is money supply

>>	Anonymous Tue Mar 2 07:34:41 2021 No.30042236 >>30039805 Banks hold gold to dump it when fiat is threatened you idiot.

Anonymous Tue Mar 2 07:35:15 2021 No.30042259

>>30042191
>with more niggers robbing houses and murdering the owners because they heard they hoarded shiny rocks
So you're saying people still believe that gold is so extremely valuable that they are willing to kill for it?
Good to know you're a goldbug

>>	Anonymous Tue Mar 2 07:36:27 2021 No.30042311 >>30042192 thats not the point here. gold is rising always last in a commodities supercycle (after silver) because actual "money" catches up with the rest of the commodities.

>>	Anonymous Tue Mar 2 07:36:38 2021 No.30042322 >>30038370 >That's not true Peak delusional level to justify this grand PnD.

>>	Anonymous Tue Mar 2 07:36:45 2021 No.30042326 >>30042192 And yet Gold is dumping despite money supply going up exponentially

>>	Anonymous Tue Mar 2 07:36:52 2021 No.30042332 >>30041497 better pile some ZINC bullions ASAP

Anonymous Tue Mar 2 07:37:24 2021 No.30042356
File: 13 KB, 232x355, What you need is what you get 2.jpg [View same] [iqdb] [saucenao] [google]

>>30041724
>>30041882
What I am trying to point (point, get it) out is, that item is worth $35. If things get tough though it could very well save more than just your life. While you pay hundreds for a small piece of shiny metal. There is a limit where hording items of today's value is worthless. Often people dont understand that in an emergency they are collecting the gold for, that said gold wont have value it once did.
Pic is 2nd part + some pipes.

>>	Anonymous Tue Mar 2 07:37:33 2021 No.30042366 File: 339 KB, 1600x2850, SelcoCollapse.png [View same] [iqdb] [saucenao] [google] >>30041990 If you mean a kilo bar, he'd buy a 30-bedroom mansion with it I suppose.

>>	Anonymous Tue Mar 2 07:38:14 2021 No.30042403 im really looking forward to these zoomers becoming cannon fodder and sex slaves they truly have no fucking idea whats just around the corner

>>	Anonymous Tue Mar 2 07:38:28 2021 No.30042412 >>30042259 >people i was referring to niggers, who are not human. but you wouldn't understand this, as you are a NIGGER yourself

>>	Anonymous Tue Mar 2 07:38:42 2021 No.30042423 >>30042259 Niggers will steal rusty bikes you dumbass Boomer

>>	Anonymous Tue Mar 2 07:39:01 2021 No.30042442 Go back to your containment thread pmg schizos

>>	Anonymous Tue Mar 2 07:39:16 2021 No.30042453 >>30041121 hes one of the guys that has wrapped his entire identity into crypto. when it starts threatening central bankers and they kill it he will kill himself

>>	Anonymous Tue Mar 2 07:39:19 2021 No.30042458 File: 55 KB, 920x745, 54334534534345.png [View same] [iqdb] [saucenao] [google] >>30042332 try to get a new graphics card faggot.

Anonymous Tue Mar 2 07:39:27 2021 No.30042464

>>30042236
And now they are doing the same with Crypto. Why do you think visa and MasterCard are offering Crypto now?
They gain nothing from it except a way to de-legitimise it when they cuck out after a school shooter bought his guns with crypto via the "evil darknet"

Anonymous Tue Mar 2 07:39:40 2021 No.30042473

GOD, the more people shilling a coin the worse it ends up. Stop being an idiot, don’t follow this trash
I don’t believe in this shill. My assets are on liquidity pools with YVS Finance system. I can withdraw whenever I want and any number without stupid fees

Anonymous Tue Mar 2 07:40:34 2021 No.30042520

>>30042049
Dude, we are winning they got nothing against crypto.
Your mentality is the same old psyop blackpill you see on /pol/ since years:
>They are omnipotent
>They WILL win
>Do NOTHING just rot
>The own the whole world
>Uh proofs? Just believe me dude!
The fundamental cognitive dissonance of /pol/ goldbugs is that you believe there is gonna be a collapse but at the same time you believe that "they" control every minuscuole aspect of the world.
These two visions are in conflict and yet you do not even see it, proof of how retarded you are.

>>	Anonymous Tue Mar 2 07:40:43 2021 No.30042528 >>30042453 Is that your exit plan when gold dumps?

>>	Anonymous Tue Mar 2 07:41:07 2021 No.30042544 >>30042412 >>30042423 Not a boomer. Zoomers are less than 50% white in the US. Soon niggers of all colours will be the majority and they don't know what an efferium is and would rather take shiny rocks. Gold is an investment in the downfall of the West

Anonymous Tue Mar 2 07:41:46 2021 No.30042584
File: 85 KB, 423x583, 1447107855359.png [View same] [iqdb] [saucenao] [google]

>>30042041
>our youth
Yeah, I have to spend my time trying to teach a bunch of ADHD, dopamine-addled, porn-addicted, narcissistic children who literally can't even spell. Most high-schoolers have the writing level of a 7 year old, cannot do basic math and spend all of their time on social media to the point of not sleeping.

>>	Anonymous Tue Mar 2 07:42:20 2021 No.30042612 >>30042356 You’re too stupid to even speak with

Anonymous Tue Mar 2 07:44:04 2021 No.30042690

>>30042520
>We are winning
Oh like Reddit was winning with GameStop until the (((shut it down)))?
Crypto is in it infancy and they are just realising how large the threat to their system is.
Remember that you are dealing with a bunch of silent generation and turbo boomers. It takes them forever to react.
They could crush Crypto with a single finger if they wanted to. They are just too dumb to understand what they're dealing with. For now

>>	Anonymous Tue Mar 2 07:44:41 2021 No.30042719 >>30041031 It is a store of value of several generations. You cannot pin point a store of value in a time frame of a few years. Pro tip: Don't bother with PMs if you don't have generational wealth.

>>	Anonymous Tue Mar 2 07:46:24 2021 No.30042800 >>30042690 Crypto is already used to filter out unwanted individuals. Open transactions are a fine thing if you want to catch criminals. Its useful for them now. These people are NOT dumb.

>>	Anonymous Tue Mar 2 07:46:45 2021 No.30042818 >>30042690 Gamestop isn't over yet

>>	Anonymous Tue Mar 2 07:48:37 2021 No.30042891 >>30041990 Melt it down or chip off smaller piece you fucking idiot. Most likely, someone will kill you and take it since you seem utterly brain dead

Anonymous Tue Mar 2 07:48:37 2021 No.30042892

>>30042800
Oh so you admit that Crypto is a globohomo tool to enforce the ZOG. Good to know.
If they can take it over they will, if they can't then they will destroy it.
Expect massive regulations. They are like children that can't share. If they don't own it then they hate it.

>>	Anonymous Tue Mar 2 07:49:45 2021 No.30042941 >>30041645 >Crypto will get fucked if the cost of producing an ASIC Miner will be above 100k USD due to commodity shortage. never gonna happen

>>	Anonymous Tue Mar 2 07:50:04 2021 No.30042958 >>30042818 Yes it is over. They have shown that they are willing to break all rules to shut it down and they will do it again and again as many times as they need to

Anonymous Tue Mar 2 07:50:12 2021 No.30042965
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>>30042690
Crypto isn't a threat to the system, it supports the system. That's why the MSM loves it and the authorities turn a blind eye to the tether scam. Adam Back the head of Blockstream is Satoshi and the banks commissioned him to create Bitcoin precisely to be a distraction from PMs. You kill the banks by squeezing their short positions and taking delivery of physical silver. No matter how high the price of Bitcoin goes nothing changes, the world remains exactly the same, it never becomes a currency and never does the establishment any harm. The dollar-denominated number simply goes up. It's a simple ponzi scheme.

>>	Anonymous Tue Mar 2 07:51:06 2021 No.30043010 >>30042892 You can call it what you want. Your transacttions are recorded and analyzed. It surely is better than fiat or pm for tax agencies.

Anonymous Tue Mar 2 07:52:05 2021 No.30043057
File: 174 KB, 1920x1080, shopping.jpg [View same] [iqdb] [saucenao] [google]

>>30042612
Why? Because I know for a fact holding just a luxury item is a piss poor idea?
You can stack dollars, gold or drives full of cryptocurrency but it is completely dangerous and foolish if that is all you are collecting.

Have 3-4 well/pump kits at $400 that you can sell/trade during an emergency where city water pipes fail.. say like in Texas during a ice storm..
vs
Have $400 worth of gold by today's value.

Same goes with smaller power generation like wind, solar & crank devices. Outside of industrial applications I find gold to be the worst investment compared to USD or Cryptocurrency. Right now it has value, but in cases where you are storing gold for it may not have any value.

>>	Anonymous Tue Mar 2 07:52:06 2021 No.30043055 >>30042326 Gold is dumping to fool people into thinking everything is fine

>>	Anonymous Tue Mar 2 07:55:02 2021 No.30043174 >>30042520 Cool rant. No one can ever answer this: what happens to crypto when the internet is killed or the power grid is gone? Serious question

Anonymous Tue Mar 2 07:55:13 2021 No.30043186

>>30042958
That's the thing. You believe they can break all the rules and have full control. Truth is they don't have FULL control, otherwise the fuckery wouldn't continue. If they could just declare their shorts are non existent they would not care about GME anymore yet they are losing their shit that the price is exploding again. They're using fuckery and downright illegal shit but they are not omnipotent. They probably did some fuckery with Total Return Swaps that allow them to hide their short positions from public knowledge but the fact they are panicking about GME being in the hundreds again is telling they didn't really get rid of them.

>>	Anonymous Tue Mar 2 07:55:23 2021 No.30043195 >>30042941 try to buy a ps5

>>	Anonymous Tue Mar 2 07:56:01 2021 No.30043222 >>30042049 >For centuries people forgot how to build proper bridges and aqueducts ????

Anonymous Tue Mar 2 07:56:56 2021 No.30043256

>>30042528
That’s your problem. No one is buying gold in hopes to get rich. It’s a permanent way to hold extra wealth. I have a decent stack but still have some crypto (very little as I sold most at the start of the crash) stocks, and other non monetary valuables. To even say “dur gold will lose money and bad investment,” just shows how utterly and absolutely ignorant you are. Oh and you’re poor

>>	Anonymous Tue Mar 2 07:57:05 2021 No.30043265 >>30042191 >with zero world currencies tied to it it could be one day

>>	Anonymous Tue Mar 2 07:57:59 2021 No.30043305 >>30042584 If you’re a teacher then that is your fault. If you were my kids teacher you would be living a nightmare

>>	Anonymous Tue Mar 2 07:58:06 2021 No.30043310 >>30037687 That's literally the only thing people can do with BTC since Blockstream made it completely useless.

>>	Anonymous Tue Mar 2 07:58:28 2021 No.30043318 File: 135 KB, 1200x674, bitcoin_vs_gold.jpg [View same] [iqdb] [saucenao] [google] >BTC will inevitably go to zero >any minute now

Anonymous Tue Mar 2 07:58:47 2021 No.30043332

I hold BTC and gold and silver. Do you know which ones lets me sleep like a baby? Gold and silver. I don’t give a shit what the manipulated paper price is. It just lets me accumulate more. There will come a day in the near future when the rug pull happens on the dollar and you will have wished you accumulate wealth that has zero counterparty risk. If it keeps going lower, I keep buying cheapies. And if you are worried, don’t let kikes rob you of real money.

Anonymous Tue Mar 2 08:00:45 2021 No.30043404

>>30043057
>Why? Because I know for a fact holding just a luxury item is a piss poor idea?

Because you don’t even understand the intent. You weren’t properly educated. No one holds gold in hopes of cash in out a billionaire. That’s the first way you’re a dumb faggot. We hold gold as a security the same way a nation or a bank would hold it. If shit hits the fan, we sill have gold and it IS valuable.

Answer me this: how do you spend crypto if there is no internet or power? How do you value crypto when most people won’t or can’t accept it as barter?

Name a time in all of history where humans existed and gold had no value. I’ll wait

>>	Anonymous Tue Mar 2 08:02:20 2021 No.30043474 >>30043057 No one wants a well pump kit dude. Lol wow you’re truly a fucking idiot

Anonymous Tue Mar 2 08:02:50 2021 No.30043494

>>30043222
They literally did. After the Roman empire collapsed massive amounts of knowledge were lost. Building stone arches strong enough for a big bridge and the math behind water delivery was forgotten for hundreds of years.
They don't call it the dark ages for no reason. A lot of medical and military knowledge was also lost.
The technology of the Romans was that of the 1600s

>>	Anonymous Tue Mar 2 08:03:05 2021 No.30043508 >>30043174 Entire global Internet + Power Grid or locally?

>>	Anonymous Tue Mar 2 08:04:03 2021 No.30043552 >>30043508 The global internet is already split east/west.

Anonymous Tue Mar 2 08:04:44 2021 No.30043582

>>30043494
It wasn’t lost it was stolen/hidden by the Freemasons. Look up the secret of the stone. There is a way to make stone from the earth that is virtually indestructible. It’s how the pyramids were made 12,000 years ago. They weren’t quarried and built by slaves, they were poured in place.

>>	Anonymous Tue Mar 2 08:04:45 2021 No.30043585 >>30043057 Just look at Argentina. Why are you assuming that the only outcome is mad fucking Max? Imagine things are just like they are but instead of most people being able to afford most things, most people can barely scrape by.

Anonymous Tue Mar 2 08:05:02 2021 No.30043595
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>>30043305
Joke's on you, I'm already living the nightmare, I get to see the effects of rampant narcissism and severe mental health problems caused by total addiction to social media. Everyone else goes about their business and thinks everything is ok, but I get to see the future up close and personal, hence why I'd encourage you all to buy gold before it's too late and the lunatics run the asylum.
>If you were my kids teacher
If I were your kid's teacher I'd put the blame squarely on your shoulders for failing to give them actual boundaries and allowing them access to the fucking cancer that is social media.

Anonymous Tue Mar 2 08:05:33 2021 No.30043614
File: 343 KB, 340x611, 078e82daae0c2f3f0f28059481acc4fb.png [View same] [iqdb] [saucenao] [google]

>>30037624

>They didn't buy Steel

Look at $X and $CLF

https://finance.yahoo.com/news/american-manufacturing-roar-back-morning-brief-110228696.html

https://www.reddit.com/r/Vitards/comments/lv03mh/what_happened_whats_going_to_happen_the_10year

Anonymous Tue Mar 2 08:07:04 2021 No.30043675

>>30043508
That’s my point dude. You can’t even answer the question because it’s such a shit show.

Ok so let’s say internet is still operational. You have 5,827 BTC. I have supplies. I don’t want your BTC because I have no way of accepting it. Maybe I don’t have a BTC wallet, maybe I just don’t want it. What do you do now? I don’t foresee a situation where someone will only accept BTC and not gold or silver. There’s nothing in our history to suggest gold and silver will never be valuable.

>>	Anonymous Tue Mar 2 08:07:32 2021 No.30043699 >>30043614 Excessive commodity inflation is a telltale sign of a marketcycle coming to an end. 1929 all over again

>>	Anonymous Tue Mar 2 08:07:36 2021 No.30043702 >>30043585 Argentina was local. Dollarcollapse is global - all currencies are tied to it.

>>	Anonymous Tue Mar 2 08:08:33 2021 No.30043740 >>30043404 >Name a time in all of history where humans existed and gold had no value European gold hyper inflation after discovery of the Americas Egyptian Gold hyper inflation with Mansa Musa dumping his Gold while traveling therr

Anonymous Tue Mar 2 08:09:21 2021 No.30043775

>>30043595
>If I were your kid's teacher I'd put the blame squarely on your shoulders for failing to give them actual boundaries and allowing them access to the fucking cancer that is social media.

This is why you’re a shit teacher. You don’t know me or my kid. My kid is excellent. The reason I would pull my kid from your class is simply because you’re a shit tier teacher. The kids are with you more than their parents. YOU are supposed to be a role model. But you’re just a worthless cuck who lets the little nigglets run all over you. You’re a shell of a human and a waste of a White person.

>>	Anonymous Tue Mar 2 08:10:31 2021 No.30043824 >>30043702 True, but he is right. A total SHTF is extremely unlikely. A post ww2 Germany, Argentinia or great depression-like scenario is way more likely

>>	Anonymous Tue Mar 2 08:10:41 2021 No.30043830 >>30043614 CLf is taking dude. It’s a meme

>>	Anonymous Tue Mar 2 08:10:49 2021 No.30043840 >>30043740 SIlver was used. It was always a bimetal standard.

>>	Anonymous Tue Mar 2 08:12:00 2021 No.30043885 >>30043824 In argentina they had the option to use the USD. Thats why it didnt went full MadMax.

Anonymous Tue Mar 2 08:12:31 2021 No.30043911

>>30043740
Nope try again. Or answer me: if gold has no value (which was my question) then how does it hyperinflate? Are you aware hyperinflation is temporary?

Provide links showing me that gold had no value. Hyperinflation is not the same as no value. Honestly you can even link to what you’re talking about it would help as I have not heard of either of those supposed instances.

>>	Anonymous Tue Mar 2 08:12:37 2021 No.30043913 >>30037655 no it's not

>>	Anonymous Tue Mar 2 08:12:42 2021 No.30043917 >>30037624 Precious metals are the most jewed markets in existence. You get what you fucking deserve for beliving the Tribe wouldn't do to you what they do to everyone.

>>	Anonymous Tue Mar 2 08:13:32 2021 No.30043954 >>30043740 How does one dump a commodity that has no value? Clearly, people were buying it like crazy as it’s very valuable and they were happy to take advantage of the situation

>>	Anonymous Tue Mar 2 08:14:20 2021 No.30043995 >>30043885 And globally they will use PMs, gasoline or other property as currency.

Anonymous Tue Mar 2 08:14:59 2021 No.30044024

>>30043404
>how do you spend crypto if there is no internet or power? How do you value crypto when most people won’t or can’t accept it as barter?
I dont. That is why I spent money on some land. Nothing much just 3 acres with a crappy old hunting shack. I did this with USD while collecting cryptocurrency. The issue I have is that some collecting gold live in an apartment, condo, house in a city with provided water and sewer lines thinking that if they have the gold during an emergency they will be fine. Instead not spending even 1/4 of that on supplies that will never expire as a just in case.

>Name a time in all of history where humans existed and gold had no value. I’ll wait
It has a value because of civilization trading it. Native Americans had no value for it, Aztecs used it like any other easy to manipulate metal. The fact it is worth anything now is because in history someone decided to make the less common softer metal into coin.

>>	Anonymous Tue Mar 2 08:16:21 2021 No.30044074 >>30043911 https://en.m.wikipedia.org/wiki/Price_revolution https://en.m.wikipedia.org/wiki/Mansa_Musa#Islam_and_pilgrimage_to_Mecca

>>	Anonymous Tue Mar 2 08:17:29 2021 No.30044137 >>30041624 Go out and talk to a young person, by that I mean anyone less than 35 years old. The old ways aren't dying, they are dead, the boomer's just haven't caught on yet, and probably never will.

Anonymous Tue Mar 2 08:22:31 2021 No.30044382

>>30043675
That's the thing YOU don't understand. You, individually, don't matter. You don't accept crypto? Well that sucks for you. The nature of smart contracts is that I don't need to find my contract partners, they'll find me. I don't need to barter or deal with you. I put my BTC up and pay anyone who is willing to provide who still has a working economy. That's why I asked. Because unless the entire world uses its power grid and internet there's always someone I can find WORLDWIDE who will trade with me

Anonymous Tue Mar 2 08:25:01 2021 No.30044497

>>30044137
see >>30040970
"The old ways" are proven for 6000 years, if you think you can just change that with a virtual numbers, then you are just a typical zoomer.
I am 25 and o know plenty of people that own PMs or invest based on fundamentals instead of zoomie coins and hype

Anonymous Tue Mar 2 08:27:51 2021 No.30044639

>>30043885
What’s the difference between USD, gold, and BTC? In Argentina, they would all be exogenous currencies that the central authority cannot print. Just because they have a universal preference now doesn’t mean that in the US another presence or basket of preferences could not suffice in the interim for trade. Besides, you don’t have to trade in gold or silver. You just hold it rather than local currency. When you need to buy something or pay bills, you take a small portion, exchange it for currency in the market (or black market) and then make your purchase. There’s no either/or. You guys have watched too many fucking kike fueled movies and not seen enough how people live in difficult times. You have a child like idea of how the world works thinking that it’s either like the US now or mad Max. Go explore the space between.

>>	Anonymous Tue Mar 2 08:29:28 2021 No.30044698 >>30041990 Im a coiner, but same can be said with 'fake internet money' that shit won't help. Gold is at least physical and has some real world use.

Anonymous Tue Mar 2 08:30:40 2021 No.30044761

>>30044639
Well put.
My crazy conspiracy theory is still that china will push western currencies over the edge, down the cliff and will back their own currency with all the gold they've been hoarding for years now. Then we will trade with Yuan like the argentinians did with USD

>>	Anonymous Tue Mar 2 08:37:52 2021 No.30045115 >>30039505 Go mine it

>>	Anonymous Tue Mar 2 08:42:25 2021 No.30045301 >>30044761 A probable outcome. Still, I like my chances holding gold and silver through such a time and then exchanging for CNY at that time as needed then sitting on dollars.

Anonymous Tue Mar 2 08:42:57 2021 No.30045330
File: 127 KB, 900x900, Mountain house bucket.jpg [View same] [iqdb] [saucenao] [google]

See this pic? It was $45 just 2 years ago. Now it is over $110 and out of stock in many places. It has a 25 year shelf life. Do I have a bunch to trade? No. but it was a solid investment. Now if I had say gold or silver I wont trade it all away for 1 pouch because my family was starving. Which is what will happen to those holding gold or silver.

I have USD & I have cryptocurrency, but just like with gold and silver during an emergency its value will be much lower than today because it doesnt have a use for most people. Buying only gold cause the dollar is going to fail is basically shooting yourself in the foot, if you think things are going to get bad, prepare for the bad time as well while you have the means to do so. Just holding gold cause muh value is fine, I do the same for crypto but dont go playing around that it will be king of all if there is a crisis.

>>	Anonymous Tue Mar 2 08:45:16 2021 No.30045464 >>30038233 Okay, so it WAS money.

>>	Anonymous Tue Mar 2 08:46:33 2021 No.30045528 >>30041378 such great compelling arguments

>>	Anonymous Tue Mar 2 08:47:46 2021 No.30045589 >>30039058 The price is what you can get it for, the whole manipulation spiel is a cope. If demand is larger than supply then the price would rise. You can't delete supply and demand with paper trading.

>>	Anonymous Tue Mar 2 08:47:53 2021 No.30045593 >>30038942 well, back in the 20's you money retained much more value, you also made much more money in your work on average compared to now, so if you are not making massive gains, you are getting poorer

>>	Anonymous Tue Mar 2 08:49:27 2021 No.30045670 >>30045330 consider this: out of all of those buckets that get sold, over the past 70 years, what % of them do you think have actually been consumed? my guess would be less than 3%.

Anonymous Tue Mar 2 08:51:56 2021 No.30045795

>>30045330
More mad Max bullshit. Yes, but guns and ammo and gardening supplies and stock food. These are all prudent. But if you want to preserve wealth, it’s gold and silver. Do you agree that Venezuela is a failed state? But right now, if you had gold and silver there today, you could trade on the black market for bolivars daily/weekly and live pretty well. Literally a failed fucking state and you could do well. How naive are you? Do you think everyone goes poor in a collapse?

>>	Anonymous Tue Mar 2 08:53:59 2021 No.30045914 Why are nocoiners seethe this hard about other things being valued?

Anonymous Tue Mar 2 08:54:09 2021 No.30045920

>>30045589
The paper trading is to discourage monetary demand and hide the effects of decades of dollar debasement. Gold is a headline grabber. It’s a thermometer. Take the thermometer out of the pot and the frogs won’t notice they are slowly being boiled alive.

Anonymous Tue Mar 2 08:56:27 2021 No.30046046

>>30045795
>Do you agree that Venezuela is a failed state? But right now, if you had gold and silver there today, you could trade
Might want to rethink your example against a just add water food post, considering the country has a crippling food and power shortage. Just saying..

Anonymous Tue Mar 2 08:56:35 2021 No.30046052

>>30037624
I don't own gold and silver to look at their price charts. I don't give a fuck about their price and if you're buying it for number go up reasons then you're an idiot. I simply know that they have maintained their value for 1000 years and will continue to do so. Never fucking selling.

>>	Anonymous Tue Mar 2 08:59:04 2021 No.30046175 >>30045920 >monetary demand So you admit the actual use of gold is not what drives the market. That makes it essentially the same as BTC, trading only on how many people want to hold it.

>>	Anonymous Tue Mar 2 09:00:10 2021 No.30046229 File: 515 KB, 816x943, Biden Copper.png [View same] [iqdb] [saucenao] [google] Damn, you guys getting the new Biden coins?

>>	Anonymous Tue Mar 2 09:01:16 2021 No.30046296 >>30037624 "buy precious metals with crypto gains," they said.

Anonymous Tue Mar 2 09:02:34 2021 No.30046377

>>30046046
Disney view. Conditions are highly varied. There are people starving today and simultaneously there are people at night clubs posting to Instagram with their iPhones. If you have the means, you can get whatever you want. That’s been true throughout human history.

>>	Anonymous Tue Mar 2 09:03:49 2021 No.30046433 >>30041871 literally the opposite of what I said but youre too emotional to even read

>>	Anonymous Tue Mar 2 09:04:48 2021 No.30046485 File: 74 KB, 1610x792, brrr.jpg [View same] [iqdb] [saucenao] [google] >>30045920 looks like your thermometer broke

Anonymous Tue Mar 2 09:07:03 2021 No.30046612

>>30045593
yes back in the 20s the common view was also that markets could only go up, everyone would become rich and that this was a new economy, everything would be glorious and most importantly the old ways were over.
This is the "new paradigm" phase of a crash.
We are in it again, both in crypto and the stockmarket

>>	Anonymous Tue Mar 2 09:08:15 2021 No.30046689 >>30037624 There is no gold behind most papers. So its like the fiat market.

Anonymous Tue Mar 2 09:11:35 2021 No.30046878

>>30046175
The monetary demand has been usurped by the fiat illusion. At times of stress, people get scared and flee back to gold, recreating monetary demand and driving up value. We have had only momentary panics that were quite shallow. When the time comes that the dollar crisis arrives and it becomes clear that you had better get into hard assets, that will be when it becomes unobtainium and you will not find it. The buying spree last month on silver will look tame by comparison. The time to accumulate is before it’s obvious. And I would argue, that for anyone paying close attention, it should be fucking obvious by now that the dollar will be debased significantly out of necessity. We have already breached 130% debt to GDP, and that is before this next $1.9 trillion stimulus and the regular massive budget deficit that will take us above 140% debt to GDP. We’re going hyperbolic on debt as we reach the terminal phase of this long term debt cycle and the only means of dealing with it is either actual default or de facto default through currency debasement to make the real value of that debt drop while paying none of it in nominal terms. There is literally no way to avoid this.

There is no way to avoid dollar debasement. And that will be accelerated as the world stops wanting to hold debt that is being debased. It’s over. And if you don’t understand that, you’re an idiot or a shill.

Anonymous Tue Mar 2 09:12:01 2021 No.30046908

>>30046377
Fair enough. Just saying in a disaster I would rather have the items that trade for the gold. Gives me some wiggle room.
As for investments now? Since this thread started my Crypto Portfolio has gone up $45. I only have $14 or so in BTC because it was issued free for various sign ups and what not. The rest are alt coins. I plan my coins based on a average about $120 a day increase. 5 days a week to live on + short term capital gains tax (tax put back into coins until eoy) and 2 days of pure profit put back into the coins.
Gold just doesnt do that for me and stocks were worse.

>>	Anonymous Tue Mar 2 09:15:44 2021 No.30047105 >>30046878 words words words kek buy BTC

Anonymous Tue Mar 2 09:16:00 2021 No.30047121

>>30046485
It didn’t break. It was broken. But for only a time. Eventually, China and Russia big dicks the Fed and their tremendous gold holdings moon. For now, they are happy to buy up all the West’s gold at such fire sale prices. Let the West literally cuck ourselves out of our gold trying to prop up this fiat illusion while they accumulate cheaply.

Anonymous Tue Mar 2 09:24:22 2021 No.30047607

>>30046908
This is why everyone is making fun of coiners.
You clearly dont know the market before crypto and printer go BRRR.
This is not normal and if anything a massive red flag.
Enjoy it as long as it lasts and make as much money as you can, but dont get greedy and miss the moment you need to bail

>>	Anonymous Tue Mar 2 09:27:07 2021 No.30047765 >>30047121 Exactly. It's why the financial establishment is pumping crypto now, because the central banks in the west have sold or leased out most of their gold. It's a matter of time before the curtain gets pulled back.

>>	Anonymous Tue Mar 2 09:27:30 2021 No.30047785 >>30042544 to be fair, these kids are just trying to cope with clown world. if internet money isnt their savior they have nothing

Anonymous Tue Mar 2 09:28:55 2021 No.30047868 [DELETED]

fellas I'm. ready today.

Currently -5%, purchased top three during yesterday's lowest dips..

>stubid investment and trading for whole day
>gas
>low volatility

only one point saves my wallet - yield farming and lp staking on YVS Finance. Check it if you don’t wanna risk

Anonymous Tue Mar 2 09:30:16 2021 No.30047965
File: 150 KB, 1280x779, Bitcoins over the years.jpg [View same] [iqdb] [saucenao] [google]

>>30047607
Oh I am well aware the markets and look at the history of everything I put money into. When to pull it and reinvest elsewhere or when to pull it and hold usd waiting for even up to a month.
Indeed you are correct on the money printer going brrrr. 1.9 trillion stimulus soon to be followed by a 6 trillion stimulus. We are still in a safe pocket.

>>	Anonymous Tue Mar 2 09:34:07 2021 No.30048220 File: 196 KB, 361x362, 1614104890255.png [View same] [iqdb] [saucenao] [google] another shiny rocks vs digital transactions thread

Anonymous Tue Mar 2 09:37:32 2021 No.30048464

>>30037678
>>30037794
Gold, and silver, are one of the view metals that meet every requirement needed in order for something to be considerable as a currency.
Its portable
Its recognizable
Its not easily counterfeit
Its in just enough abundance to be used, but not so common its easy to come by
Its durable
Its none perishable, it will last for ever
Its anti corrosive.
Its divisible into smaller denominations.
Silver and gold are some of the only metals in the world that can fulfill this need to be a currency. The other thing you, and a lot of other people dont understand because they dont have perspective. A fiat system, is the odd ball out in humanity. For thousands of years, humans used gold and silver, physical things as currency. Its only in the last 100 years that fiat currency has become a thing, hell upuntil the middle of the last century, even our paper money STILL was actually a gold and silver based currency, it was just the paper was used to act as a certificate for that. The USD being fiat and the entire world being fiat, is an oddity. Gold and silver are the true currency of the world, and sooner then later we are going to end up going back to a silver or gold backed standard because the current model is not sustainable.

Anonymous Tue Mar 2 09:38:00 2021 No.30048507

there's nothing scarce about crypto, there can be an unlimited number of cryptos, and more are being created all the time.

yes, a single crypto can have scarcity, but that doesn't mean anything. i can copy the bitcoin source code, make the supply 2.1 tokens, and fire up some nodes. people would call it a shitcoin, and it would be, but hey, it's the same as btc, but 10x as scarce.

>>	Anonymous Tue Mar 2 09:39:15 2021 No.30048593 Please tank silver. I need to stack more. I want to be Smaug level.

>>	Anonymous Tue Mar 2 09:40:03 2021 No.30048653 File: 1.55 MB, 480x343, giphy.gif [View same] [iqdb] [saucenao] [google] >>30041174 tell me the lender that will accept a house payment for 10 gold coins nigga this aint runescape

>>	Anonymous Tue Mar 2 09:41:55 2021 No.30048791 >>30048653 Lender? No. I could sell silver or gold in the private market for 10% over spot right now very easy.

>>	Anonymous Tue Mar 2 09:42:56 2021 No.30048869 >>30048653 There are banks that take gold for real estate - no problem. But i dont know of any bank that sells real estate for crypto.

Anonymous Tue Mar 2 09:43:18 2021 No.30048890

>>30046908
To me, if BTC becomes what maxis say, then it’s even incredibly asymmetrical even at this stage. However, the risk is substantially more than gold and silver, whose value will never go to zero. So if I hedge accordingly for dollar crisis, my BTC doesn’t need to be huge. So I can put a majority of my wealth into a zero risk hedge like gold and silver while putting 10% in BTC and I would still be very well positioned.

And yes, I always say people should be prudently prepped. Food, water, gardening, guns/ammo, etc. People should be prepared for the worst, even if I think those extreme scenarios are less likely. My concern at this time is making sure the wealth that I have accumulated to this point be preserved to the other side of a currency crisis and highly inflationary period. If BTC becomes all that maxis say, 10% invested is enough risk for me while sticking another 40% in old faithful gold and silver is a zero risk asymmetrical bet. The rest, I will continue to speculate with.

Anonymous Tue Mar 2 09:44:39 2021 No.30048978

>>30039805
>huge whales holding it
Old boomers who are going to die within 10 years. Do you really think millennials and zoomers are going to support that shiny rock fantasy when we take over? Gold is heavy and nearly useless. Dentistry and electronics can use other metals. It’s just not logical.

>>	Anonymous Tue Mar 2 09:45:36 2021 No.30049043 >>30048464 But how will all the people on here living with their parents send crypto all over the world to make their business deals? Or the financial institutions skim off little bits in transaction fees?

>>	Anonymous Tue Mar 2 09:45:45 2021 No.30049053 >>30048869 >But i dont know of any bank that sells real estate for crypto. People do take Bitcoin for real estate, maybe not the banks. Use your brain.

>>	Anonymous Tue Mar 2 09:47:18 2021 No.30049150 >>30048653 >lender lmao. You can buy the entire house flat for 10 coins. Just ask the owner and pay him directly. Might even get a BJ from his daughter for a quarter of a mercury dime, if you're feeling generous

Anonymous Tue Mar 2 09:48:03 2021 No.30049201
File: 134 KB, 945x744, 1613590579972.jpg [View same] [iqdb] [saucenao] [google]

funny how the anti PM shill threads have started popping up recently. in the past crypto people completely ignored /pmg/. i wonder why things are changing. perhaps the crypto fags are starting to get nervous

>>	Anonymous Tue Mar 2 09:49:15 2021 No.30049292 >>30049053 Yeah the thing is, they dont keep it. Majority of those places that take crypto, literally sell it as soon as they can, businesses dont wanna be holding crypto.

>>	Anonymous Tue Mar 2 09:49:51 2021 No.30049340 >>30037681 why?

Anonymous Tue Mar 2 09:50:10 2021 No.30049365

>>30049201
nah. The US is trying to dump gold because China owns too much of it and is using that weight to destroy the USD.
The future of the petrodollar depends on the failure of gold, which is a terrible bet against all odds if you ask me.
Right now you can long China by buying gold, or short gold to long the US

>>	Anonymous Tue Mar 2 09:50:12 2021 No.30049375 >>30049292 this, they use services that immediately cash in the crypto. you fools think they're holding it in a trezor or something? kek

>>	Anonymous Tue Mar 2 09:50:50 2021 No.30049423 >>30042690 Yeah, and they’re either dying or fomo‘ing in you fucking retard lmao

Anonymous Tue Mar 2 09:51:04 2021 No.30049446

>>30048978
Do you think zoomers run this economy? Is soros a zoomer? Buffet? Rothchildes? Gates? Bezos? These are the type of people running our economy and mentoring the next generation who will run the country. How did millennials and zoomers become so narcissistic?

>>	Anonymous Tue Mar 2 09:53:38 2021 No.30049620 >>30049053 Depends on where you are in the world. If people take it it doesnt mean that its not illegal and you got scammed.

>>	Anonymous Tue Mar 2 09:56:00 2021 No.30049779 >>30043256 So you’re saying buying gold is a way of showing you’re rich enough to make retarded investments and then flaunt them anonymously online? Why don’t you just go all in on Doge at that point anon?

>>	Anonymous Tue Mar 2 09:58:19 2021 No.30049946 >>30048653 show me the lender that will accept bitcoin. the best you'll get is some third party that will convert the bitcoin to usd

>>	Anonymous Tue Mar 2 09:58:49 2021 No.30049979 >>30049423 Are you really this fucking retarded? Do you think the founder of the federal reserve is still in charge or his heirs? also see >>30049446 None of the are fomo'ing in.

Anonymous Tue Mar 2 10:01:14 2021 No.30050163

>>30049779
Holy shit you are dumb.
No, gold and silver is transferring your wealth into a physical form that will retain its value through out time. Gold and silver act as a way to secure a portion of your wealth to protect it form what ever the market does, no matter what. If i buy 10 oz of gold. gues what, 30, 40 years from now, that gold is going to remain just as valuable as it was the day i bought it, fluctuating slightly up and down. No matter what happens between the day i buy it, and the day i sell it, its value will remain constant, it does not matter the market if its shit, or if its booming, it will retain the same purchasing power.

The issue is you have a fucking retards that keep trying to thik of gold and silver as a stock, or a crypto, its not either of those. STOP thinking in those terms, expand your fucking troglodyte brain for a moment and understand gold and silver is how to secure permanent wealth and buying power no matter the outcome of the market.

>>	Anonymous Tue Mar 2 10:04:03 2021 No.30050348 File: 256 KB, 750x750, 1613474962054.png [View same] [iqdb] [saucenao] [google] There are so many metalpills in this thread. If one doesnt get it until now they cant be saved.

>>	Anonymous Tue Mar 2 10:05:45 2021 No.30050456 >>30050163 they can't appreciate what you're saying because these are little babbies with <$2000 in crypto larping as big shots

>>	Anonymous Tue Mar 2 10:09:55 2021 No.30050707 >>30049365 I am long China as any smart person should be.

>>	Anonymous Tue Mar 2 10:11:53 2021 No.30050847 >>30050707 Even those that don't want to long china for ethical or political reasons should at least be sane enough to short the US after the last 10 years

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