If he sold his silver at least one month ago and put it into BTC he would have nearly doubled his money. I sold some of mine at a small loss because the gains would make up for it. I'm definitely not buying silver ever again, but it's nice to have a "fall back" stack in the .0001% likeliness fiat shit the bed tomorrow.
>it's nice to have a "fall back" stack in the .0001% likeliness fiat shits the bed tomorrow
BTC is still where you want to have your money if fiat shits the bed
gold/silver are only useful for the scenario where the grid fails and everybody reverts to farming/hunting/gathering... and that's never gonna happen, and if it does you'll probably die anyway
Explain to me why bitcoin, a derivative of fiat, is where I want to have my "money" if fiat shits bed?
2 months ago
Anonymous
He wont explain, hes a crypto spammer that goes on 29 hour posting sprees. Spend a day on /pmg to see how these crypto trannies subvert and then censor posts, while leaving up the troony crypto spamming
2 months ago
Anonymous
fiat worth less = bitcoin worth more
pretty simple isnt it?
2 months ago
Anonymous
Both = worthless. Congrats you can exchange one worthless thing for an
other..
Genuinely feel bad for people like this because they have the right idea when it comes to hedging against systemic risk now that the cracks in the foundation are becoming larger and larger. It’s just that they hedge with the wrong fricking things. It’s like seeing some guy stock up on BIC lighters worth $100k
>not your keys >not your coins >~~*our coins*~~
Versus >if you dont hold it you dont own it
He wont explain, hes a crypto spammer that goes on 29 hour posting sprees. Spend a day on /pmg to see how these crypto trannies subvert and then censor posts, while leaving up the troony crypto spamming
Lol its iqdelet aka the jesse troony again switched his id.
>id glowing
Lmao federal israelite sorry not going to upload my wealth into the matrix cold wallet so you can rehypothecate it. Just not gonna, hahah sorry
2 months ago
Anonymous
>buzzword buzzword muh random ID makes the chart not exist
/pmg/ gb2reddit
Functional demand is DETRIMENTAL to a Money (store of value), price is a product of aggregate demand, a money having functional use means part of the price (proportional to it's functional demand) will be from functional demand, forcing buyers of Store of Value to pay a functional premium and subjecting them to the risk the functional demand will fall, causing real terms fall in money value independent of demand for Store of Value. This can be seen in platinum, while it's physical properties make it a strong money on paper, it's high functional demand renders it unusable as price becomes dominated by functional demand, not Store of Value demand.
Gold is the best natural money precisely because it has little functional demand, less than 10% of annual gold mining production goes towards functional use, BTC improves on this by having no functional use outside of Money (Store of Value).
I have 145 ounces of silver for post apoclyptic trading. Silver is is not suppose to be for making money it's just an insurance policy for if shit hits the fan and even then guns and ammo will be more valuable
I refuse to be a raiding Black person that just kills others and takes, I'd rather cooperate and ideally start a compound with others to increase chance of survival and defense against raider Black folk that try and overtake our compound to steal our resources.
I'd trade the silver with travelling merchants that visit the compound
That's refreshing to hear. If it gets bad enough things will probably go back to tribal communities. And anons with silver and gold will be best equipped to eventually rebuild using a sound financial system IMO.
Silver is a moronic investment. Only poorgay doomers who can’t afford a lot of gold stack silver so they can feel a little bit richer. The only things worth investing in as a hedge in case of the financial system going down the shitter is a plot of land for you to live on, gold and/or bitcoin. Simple as
silver does nothing
bitcoin should be 100x the market cap of silver
that fact that it's just now passing it shows how early we are
imagine not locking in generational wealth because you'd rather spend 70k on something dumb like a f-150
NVDA and bitcoin will pass gold
NVDA numba one
Good, TSD
If he sold his silver at least one month ago and put it into BTC he would have nearly doubled his money. I sold some of mine at a small loss because the gains would make up for it. I'm definitely not buying silver ever again, but it's nice to have a "fall back" stack in the .0001% likeliness fiat shit the bed tomorrow.
Did you fall for the "buying blowjobs from a formerly well-to-do housewife and her questionably aged daughter" meme?
>it's nice to have a "fall back" stack in the .0001% likeliness fiat shits the bed tomorrow
BTC is still where you want to have your money if fiat shits the bed
gold/silver are only useful for the scenario where the grid fails and everybody reverts to farming/hunting/gathering... and that's never gonna happen, and if it does you'll probably die anyway
Explain to me why bitcoin, a derivative of fiat, is where I want to have my "money" if fiat shits bed?
He wont explain, hes a crypto spammer that goes on 29 hour posting sprees. Spend a day on /pmg to see how these crypto trannies subvert and then censor posts, while leaving up the troony crypto spamming
fiat worth less = bitcoin worth more
pretty simple isnt it?
Both = worthless. Congrats you can exchange one worthless thing for an
other..
Genuinely feel bad for people like this because they have the right idea when it comes to hedging against systemic risk now that the cracks in the foundation are becoming larger and larger. It’s just that they hedge with the wrong fricking things. It’s like seeing some guy stock up on BIC lighters worth $100k
Thats a post from the resident troony janny on pmg named jesse
seethe cope, dilate, etc
>id glowing
Lmao federal israelite sorry not going to upload my wealth into the matrix cold wallet so you can rehypothecate it. Just not gonna, hahah sorry
>buzzword buzzword muh random ID makes the chart not exist
/pmg/ gb2reddit
Fed status: still alive
Silvercucks: BTFO’d
Just you kids wait, solar flare incoming, bitfrick to zero.
Silver actually has uses, unlike shitcoins
Cope
Functional demand is DETRIMENTAL to a Money (store of value), price is a product of aggregate demand, a money having functional use means part of the price (proportional to it's functional demand) will be from functional demand, forcing buyers of Store of Value to pay a functional premium and subjecting them to the risk the functional demand will fall, causing real terms fall in money value independent of demand for Store of Value. This can be seen in platinum, while it's physical properties make it a strong money on paper, it's high functional demand renders it unusable as price becomes dominated by functional demand, not Store of Value demand.
Gold is the best natural money precisely because it has little functional demand, less than 10% of annual gold mining production goes towards functional use, BTC improves on this by having no functional use outside of Money (Store of Value).
>the entire catalog is encouraging anons to buy shitcoins
>IQfy is run by the airforce
what could go wrong
I have 145 ounces of silver for post apoclyptic trading. Silver is is not suppose to be for making money it's just an insurance policy for if shit hits the fan and even then guns and ammo will be more valuable
>guns and ammo will be more valuable
Are you actually going to try to barter with these items?
I refuse to be a raiding Black person that just kills others and takes, I'd rather cooperate and ideally start a compound with others to increase chance of survival and defense against raider Black folk that try and overtake our compound to steal our resources.
I'd trade the silver with travelling merchants that visit the compound
That's refreshing to hear. If it gets bad enough things will probably go back to tribal communities. And anons with silver and gold will be best equipped to eventually rebuild using a sound financial system IMO.
>not your keys
>not your coins
>~~*our coins*~~
Versus
>if you dont hold it you dont own it
Silver was an obvious scam but pmg fell for it, now they cry all day about crypto millionaires and how it's not fair...wah...wah....wah
Lol its iqdelet aka the jesse troony again switched his id.
Oh is he the guy who got rich by not buying silver?
I shift some bitcoin into gold around the top of each cycle, I like both, for different reasons
Silver is a moronic investment. Only poorgay doomers who can’t afford a lot of gold stack silver so they can feel a little bit richer. The only things worth investing in as a hedge in case of the financial system going down the shitter is a plot of land for you to live on, gold and/or bitcoin. Simple as
k thanks for the shitty advice
When tulip mania came to an end at least people were left with some pretty flowers
What are you going to have?
silver does nothing
bitcoin should be 100x the market cap of silver
that fact that it's just now passing it shows how early we are
imagine not locking in generational wealth because you'd rather spend 70k on something dumb like a f-150
That sounds like what they psychopathcally screech right before giving you the error 500 and locking you out
Show examples of locking out