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(Mashable)   Cryptocurrency is totally the currency of the future. Totally   ( mashable.com) divider line
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1669 clicks; posted to Geek » on 02 Feb 2018 at 6:05 PM (24 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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View Voting Results: Smartest and Funniest
 
2018-02-02 04:46:30 PM  
It is, but not like how it is now.
 
2018-02-02 05:28:36 PM  
Blockchain is to currency as Dippin Dots are to ice cream.
 
2018-02-02 06:08:17 PM  

Marcus Aurelius: Blockchain is to currency as Dippin Dots are to ice cream.


img.fark.netView Full Size
 
2018-02-02 06:29:53 PM  
i wonder if that 19 year old bitcoin millionaire is gonna manage to sell in time to become an actual millionaire

Only his next TEDx appearance will tell.
 
2018-02-02 06:31:00 PM  
Hey guys!  Hey!  It's like what happened with the tulips!  It's just like that!  Hey!
 
2018-02-02 06:47:41 PM  
Hey, somebody wants you to know he did it:

"Maduro Takes Credit for Bitcoin Price Crash Ahead of Venezuela's Petro Offering"

http://strategiccoin.com/maduro-takes​-​credit-bitcoin-offering/
 
2018-02-02 06:51:45 PM  
Its too bad I was a broke student when the Bitcoin thing started, its something I'd have thrown $20 at just to see what happened.  I've spent more then that on sillier things in more recent times.  Not much of a gambler though.

My step-brother though, oh man he's big into the bitcoins.  I wonder if he sold all his silver yet to buy some.  I should ask him.

/not stocks in silver, real random chunks of silver
 
2018-02-02 07:00:21 PM  
Block chain? pretty cool thing

Speculating on the worth of a virtual currency with no real oversight?  not for me.

A friend spent $8k on 2 mining devices late last year. (loud as hell)... I'm betting his "business plan" has been shot to hell this year.
 
2018-02-02 07:27:07 PM  
Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?
 
2018-02-02 07:28:23 PM  

Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?


Because both of those ideas could live side by side in the quality of mind that either could live in.
 
2018-02-02 07:30:07 PM  
images.homedepot-static.comView Full Size

trader2trader.files.wordpress.comView Full Size
 
2018-02-02 07:38:54 PM  

Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?


I can weigh in on that:  They want the get-rich-scheme, the background of the scheme is largely irrelevant and they'll convince them self that the scenario which will catapult them into upper wealth is the inevitable outcome.  I mentioned in a post above that my step-brother literally bought into both of those schemes but one and then the other...which chained together is a paradox of inconsistency just like you pointed out.

Hence my new curiosity to ask if he's still holding his silver, I'm guessing he had to sell it at some point (at great loss) because he was going broke to the point where he moved back in with our parents.  Probably abandoned the dooms day stuff and now he's probably sneakily leeching the power bill with the extensive GPUs available from our parents' gaming computers.
 
2018-02-02 07:40:32 PM  

Dead for Tax Reasons: Marcus Aurelius: Blockchain is to currency as Dippin Dots are to ice cream.

[img.fark.net image 685x384]


img.fark.netView Full Size
 
2018-02-02 07:46:52 PM  

jso2897: Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?

Because both of those ideas could live side by side in the quality of mind that either could live in.


img.fark.netView Full Size
 
2018-02-02 07:48:23 PM  
BumpInTheNight:   I can weigh in on that:  They want the get-rich-scheme, the background of the scheme is largely irrelevant and they'll convince them self that the scenario which will catapult them into upper wealth is the inevitable outcome.

Back in the 80's and 90's I had some friends, who were liberals then but are Trumpers now, who jumped on everything like it was going to make them rich.  The thing was, which I kept telling them over and over; "If it's Hot, that's because it has made its gains and those people want to get out now".  They bought gold and silver for prices neither metal saw for another 20 years.  They got into commodities and bought sugar and cotton when those were hot, and lost everything they had invested.  They jumped on every freaking bandwagon in sight and consistently lost.

Which of course, explains why they're Trumpers now.
 
2018-02-02 07:53:36 PM  

Nonrepeating Rotating Binary: BumpInTheNight:   I can weigh in on that:  They want the get-rich-scheme, the background of the scheme is largely irrelevant and they'll convince them self that the scenario which will catapult them into upper wealth is the inevitable outcome.

Back in the 80's and 90's I had some friends, who were liberals then but are Trumpers now, who jumped on everything like it was going to make them rich.  The thing was, which I kept telling them over and over; "If it's Hot, that's because it has made its gains and those people want to get out now".  They bought gold and silver for prices neither metal saw for another 20 years.  They got into commodities and bought sugar and cotton when those were hot, and lost everything they had invested.  They jumped on every freaking bandwagon in sight and consistently lost.

Which of course, explains why they're Trumpers now.


I wonder what the ven diagram would look like of people who continuously fail at timing the get rich schemes and trumpeters.

/my brother has a long history of saving and then blowing his money on those
//and also a closet trump supporter
///and infowars subscriber
////ugh, its trying at times.
 
2018-02-02 07:53:39 PM  

elkboy: Block chain? pretty cool thing

Speculating on the worth of a virtual currency with no real oversight?  not for me.

A friend spent $8k on 2 mining devices late last year. (loud as hell)... I'm betting his "business plan" has been shot to hell this year.


Everytime someone suggests a use case for block chain my immediate thought is "ah a normal db can already do that".

/there are real use cases for blockchain but 19 year old libertarians are clueless about how existing IT actually works
 
2018-02-02 07:59:46 PM  
So does this mean I can buy a GPU yet?
 
2018-02-02 08:17:41 PM  

BlackPete: So does this mean I can buy a GPU yet?


only if you like your GPUs well done
 
2018-02-02 08:19:16 PM  

foo monkey: It is, but not like how it is now.


*does bong hit*

But like, if we traded our own currency then we wouldn't have to, like, depend on the system, maaaaaan!

In all seriousness, I don't understand how so many idiots have bought into this scam. The idea is appealing in theory, but for all the enthusiasts go on about how the blockchain model is allegedly so secure they apparently haven't given much thought to what happens if/when a particular blockchain gets hacked. Even advocates admit that cryptocurrency insurance is an area of mostly uncharted waters: http://bitcoinist.com/insuran​ce-compan​ies-see-golden-opportunity-unregulated​-cryptocurrency-market/ That's shocking when you consider how long cryptocurrency has been around, but then you read:

A seemingly endless supply of shady and fraudulent cryptocurrencies also provide problems for insurance companies looking to gain a foothold in the market, as do legitimate exchanges and wallets unintentionally underprepared for the sheer weight of the market.

Well duh. But I don't blame the scammers (or the legitimate exchanges that are in over their heads) so much as I blame the people who let themselves get caught up in the hype when any sensible person could see that these exchanges aren't (yet) proper financial institutions. Sorry, but you basically put your money in "Fred's Bank", to reference Steve Martin, and if you thought insurance didn't matter because your l33t haxx0r skills would protect you then you deserve to pay the Idiot Tax.
 
2018-02-02 08:53:00 PM  

Brynden Rivers: foo monkey: It is, but not like how it is now.

*does bong hit*

But like, if we traded our own currency then we wouldn't have to, like, depend on the system, maaaaaan!


Potcoin.com
 
2018-02-02 08:55:14 PM  

elkboy: Block chain? pretty cool thing

Speculating on the worth of a virtual currency with no real oversight?  not for me.

A friend spent $8k on 2 mining devices late last year. (loud as hell)... I'm betting his "business plan" has been shot to hell this year.


Probably not.  Mining is still profitable, and probably will be for awhile.  Might not be as strong by the end of the year though r might have another etherium type explosion.

So...  your brothers roi might take a little longer, but an $8k rig can generate a lot of money in a short-ish amount of time.

/I'm maintaining about $20 a day which isn't to bad for my small rigs.
 
2018-02-02 09:09:45 PM  
Buy the dip.
 
2018-02-02 09:46:39 PM  
Waiting on supply to catch up, I bet we can get brand new GPUs in 2 months for 70% their cost before the boom.
Then again, I bet manufacture couldn't be amped up in time for a surge like this and the glut of cards will be more like 6 months out unless I have a really bad guesstimate at how their manufacture and supply chains work...
Either way, hurry up and crash so I can get some game on.
 
2018-02-02 10:23:44 PM  

Markoff_Cheney: Waiting on supply to catch up, I bet we can get brand new GPUs in 2 months for 70% their cost before the boom.
Then again, I bet manufacture couldn't be amped up in time for a surge like this and the glut of cards will be more like 6 months out unless I have a really bad guesstimate at how their manufacture and supply chains work...
Either way, hurry up and crash so I can get some game on.


This will be interesting to watch as it plays out.  Personally, i don't think supply will catch up for 6+ months if at all for 2018.  Nvidia and AMD partners are going to be weary over the next few months just because of the craziness going on.  They don't want to ramp up production and then have a total mining crash, ethereum split or transition, and have a flood of used cards to compete with.  I just don't see AIB's increasing production at all.  They are going to be much more cautious this time around as they don't want a repeat like last time.

Even with the current dip, mining is still profitable.  And I suspect it's going to be for at least a couple more months, and maybe even longer.

But... who knows, its so unpredictable.  Tomorrow the whole system could utterly collapse.
 
2018-02-02 10:59:44 PM  

wolfemane: Markoff_Cheney: Waiting on supply to catch up, I bet we can get brand new GPUs in 2 months for 70% their cost before the boom.
Then again, I bet manufacture couldn't be amped up in time for a surge like this and the glut of cards will be more like 6 months out unless I have a really bad guesstimate at how their manufacture and supply chains work...
Either way, hurry up and crash so I can get some game on.

This will be interesting to watch as it plays out.  Personally, i don't think supply will catch up for 6+ months if at all for 2018.  Nvidia and AMD partners are going to be weary over the next few months just because of the craziness going on.  They don't want to ramp up production and then have a total mining crash, ethereum split or transition, and have a flood of used cards to compete with.  I just don't see AIB's increasing production at all.  They are going to be much more cautious this time around as they don't want a repeat like last time.

Even with the current dip, mining is still profitable.  And I suspect it's going to be for at least a couple more months, and maybe even longer.

But... who knows, its so unpredictable.  Tomorrow the whole system could utterly collapse.


I have a friend running some low end rigs and he is pulling in an extra 150-200$ a month, or was before this crash.  The power usage to profit margin is slimming quick, I honestly think the entire thing has been set up as a scam since day 1, crypto was only used for illegal transaction back when I gave a fark in the Silk Road era, and i don't see it getting a foothold.
Cryptos main appeal will also be its downfall, nobody doing above board business uses it hence it is a bubble that never had real value to begin with beyond people selling drugs and weapons online.
Traceable currency will always be the rule.
 
2018-02-02 11:01:36 PM  

Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?


I'm a goldbug. I wish crypto all the best, but it's too volatile right now to be used as actual currency. I don't have the balls to put my money in uncharted territory, but gold is nothing if not historically sound.

If Fallout happens, all bets are off. If a minor recession occurs - believe it or not, bear markets do exist - precious metals do OK. Check out the 5-year or greater timescales for silver: https://www.bullionvault.com/gold-pri​c​e-chart.do Now, I'm sure you've got great faith in our Dear Leader Trump and that he'll Make America Great Again, but for those of us who have a few doubts about his fiscal policies, it's a decent hedge. Also, it's really fun to hold a gold coin or silver bar, if you've never gotten in touch with your inner Ferengi/dwarf!

Just - take a look at the price history of a commodity before you buy it. If it's at a historically high price, maybe, just maybe, you're buying it at a high price.

/ I would recommend putting $8,589,869,056 of your portfolio in silver.
 
2018-02-02 11:19:07 PM  

KerplunkSploosh: Also, it's really fun to hold a gold coin or silver bar, if you've never gotten in touch with your inner Ferengi/dwarf!


I own all of 35 ounces of Silver, including two 10 oz bars.  Just for fun, as that isn't a serious amount of money.  So I know the fun of SHINY!!!
 
2018-02-02 11:45:42 PM  
Nonrepeating Rotating Binary:

Preach it, brother! They can touch your lobes but they can't touch your latinum!
 
2018-02-03 12:20:41 AM  
They need to stop using the phrase "Crypto Currency".  They are not, nor have ever been a currency. They are crypto commodities.  A currency needs to be stable, widely accepted, and liquid.  Bitcoins and other blockchain coins are none of these things.  They are valued based on dollars and mostly traded based on their value, which by most definitions is a commodity, not a currency.  And they're a commodity that exists entirely within the digital ream and has zero use outside of itself.  It's doomed to fail.

You want a currency that's secure, fast, accepted everywhere and digital?  It already exists. It's called the US Dollar.
 
2018-02-03 01:03:44 AM  

KerplunkSploosh: Just - take a look at the price history of a commodity before you buy it. If it's at a historically high price, maybe, just maybe, you're buying it at a high price.


I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?
 
2018-02-03 01:15:22 AM  

Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?


That's almost the definition of cognitive dissonance.....

/ people are nuts
 
2018-02-03 01:24:16 AM  

Markoff_Cheney: Cryptos main appeal will also be its downfall, nobody doing above board business uses it


Don't tell that to Bosch, VW, or Taipei

#IOTA
 
2018-02-03 01:51:40 AM  

KerplunkSploosh: Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?

I'm a goldbug. I wish crypto all the best, but it's too volatile right now to be used as actual currency. I don't have the balls to put my money in uncharted territory, but gold is nothing if not historically sound.

If Fallout happens, all bets are off. If a minor recession occurs - believe it or not, bear markets do exist - precious metals do OK. Check out the 5-year or greater timescales for silver: https://www.bullionvault.com/gold-pric​e-chart.do Now, I'm sure you've got great faith in our Dear Leader Trump and that he'll Make America Great Again, but for those of us who have a few doubts about his fiscal policies, it's a decent hedge. Also, it's really fun to hold a gold coin or silver bar, if you've never gotten in touch with your inner Ferengi/dwarf!

Just - take a look at the price history of a commodity before you buy it. If it's at a historically high price, maybe, just maybe, you're buying it at a high price.

/ I would recommend putting $8,589,869,056 of your portfolio in silver.


If the nuclear apocalypse (fallout scenario you mentioned) happens, the difference between me with my zero gold, and you with your non-zero amount of gold, is... nothing. There is no difference. We are both equally dead.

Best you can hope for in the event of a nuclear apocalypse is to be one of the first to go. The alternative is a slower, more painful death, with zero hope of averting it. Nobody survives a nuclear war. Not if they're on the same planet as the war.
 
2018-02-03 06:49:20 AM  

LavenderWolf:

If the nuclear apocalypse (fallout scenario you mentioned) happens, the difference between me with my zero gold, and you with your non-zero amount of gold, is... nothing. There is no difference. We are both equally dead.

Best you can hope for in the event of a nuclear apocalypse is to be one of the first to go. The alternative is a slower, more painful death, with zero hope of averting it. Nobody survives a nuclear war. Not if they're on the same planet ...


KerplunkSploosh: If Fallout happens, all bets are off.


Yes. That's what I was trying to say. The Great Depression is not a Fallout scenario, though.

itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation? The days of gold being 'only' $1000 are over. I'm referring to buying under the 200-day running average or longer. Anyone who bought gold or crypto or anything else during its melt-up deserved what they got by not waiting. The 200-day moving average for gold right now is ~1275, and the spot price is 1330: that means don't buy even if you want gold. The 200 day moving average for BTC looks like it's around 8500, and spot is 9000 - still expensive.
 
2018-02-03 07:20:07 AM  

KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?


I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.
 
2018-02-03 07:22:47 AM  

itcamefromschenectady: KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?

I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.


To be precise, $0.95 in 1999 is equivalent to $1.40 today, and $378 then is $559 today. So both have gone up quite a bit after inflation.
 
2018-02-03 07:55:14 AM  

itcamefromschenectady: itcamefromschenectady: KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?

I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.

To be precise, $0.95 in 1999 is equivalent to $1.40 today, and $378 then is $559 today. So both have gone up quite a bit after inflation.


I'm not sure what point you're trying to make. Should I hold off on buying gas until it's down to $1.40? Idiot that I am, I think I'm getting a good deal when I get it for $2.40 when the average is 2.50. You think gold is only worth purchasing at $559? You'll find if you adjust for inflation, damn near everything is still too expensive.
 
2018-02-03 08:54:34 AM  

Twigz221: digital ream


img.fark.netView Full Size
 
2018-02-03 10:42:06 AM  

itcamefromschenectady: KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?

I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.


My dad bought a lot of gold in 98/99 because we lived in China at the time and he was worried about Y2K having an effect when there. 

Held on to it until around 2010 then dumped it all. Made like 5x what he bought in with.
 
2018-02-03 10:56:25 AM  

AstroJesus: Brynden Rivers: foo monkey: It is, but not like how it is now.

*does bong hit*

But like, if we traded our own currency then we wouldn't have to, like, depend on the system, maaaaaan!

Potcoin.com


Yeah, I wish you could mine potcoin. That'd be rad.
 
2018-02-03 11:50:42 AM  
Block chain has potential to suppliment  currencies in the future and create cryptocurrency that can function as the future of currency but not in its current form. BTC and the other current big name cryptocurrencies are way to volatile and always will be. The only way to get make a cryptocurrency that is stable enough to be a currency of the future is if a central bank (likely US Fed or European) opted to create their own with ties to their own currency (at which point it would just be a digital version of their primary currency backed by block chain for transactions). Otherwise the cryptocurrency would always likely become way to detached from actual currency and become highly volatile as people speculate on what it is actually worth.
 
2018-02-03 02:47:01 PM  

phimuskapsi: itcamefromschenectady: KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?

I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.

My dad bought a lot of gold in 98/99 because we lived in China at the time and he was worried about Y2K having an effect when there. 

Held on to it until around 2010 then dumped it all. Made like 5x what he bought in with.


My mom did the same thing. Except was beanie babies.
 
2018-02-03 03:28:33 PM  

Nonrepeating Rotating Binary: Obviously the "Buy GOLD!" crowd can't be into crypto, right?

I mean the whole idea behind buying Gold/silver/et al is that they will retain their value if the economy crashes into dust, if the apocalypse happens, etc.

So how could you think, even for half a second, that buying Gold was a great idea because those things were totally going to happen, yet at the same time buy into VaporCurrency that would be the very first thing to be utterly destroyed in a meltdown or apocalypse?


Unless you're manufacturing circuit boards in the post-apocalypse, gold ain't gonna be worth shiat.

Personally, I'm investing in a garage distillery. Alcohol will always be valuable, especially when times are bad. Plus, it pays dividends even if the national apocalypse never comes.
 
2018-02-03 03:49:55 PM  

big pig peaches: phimuskapsi: itcamefromschenectady: KerplunkSploosh: itcamefromschenectady: I remember when gold was $2-300 an oz. So above that, it's too expensive IMO. Besides, how do you know Elon Musk won't find an asteroid full of precious metals and crash the market?


I remember when gas was 89 cents a gallon, and you could get a decent starter house or 4 years of college for under $10,000. Are you familiar with the concept of inflation?

I remember 1999, when gas was under a dollar and gold was under $400. The price increase of either since then does not reflect inflation.

My dad bought a lot of gold in 98/99 because we lived in China at the time and he was worried about Y2K having an effect when there. 

Held on to it until around 2010 then dumped it all. Made like 5x what he bought in with.

My mom did the same thing. Except was beanie babies.


In both cases, you still have to ask yourself the same question:

"Would my investment have yielded a greater return if I had done something else with it in the intervening decade, as opposed to having it locked up in gold/beanie babies?"

I don't know the answer to that question in your specific cases; I just think it's something that a lot of people fail to take into account.
 
2018-02-03 05:38:31 PM  
how long until quantum-secured cryptocurrency?
 
2018-02-04 01:47:58 AM  

LavenderWolf: Nobody survives a nuclear war. Not if they're on the same planet as the war.


This is precisely why humans went extinct after Hiroshima.
 
2018-02-04 01:51:41 AM  

SwiftFox: how long until quantum-secured cryptocurrency?


IOTA is quantum resistant...

As for best currency in times of strife- ammo.

/don't need to be a prepper, just need to know where they live
 
2018-02-04 06:42:19 AM  

E.S.Q.: LavenderWolf: Nobody survives a nuclear war. Not if they're on the same planet as the war.

This is precisely why humans went extinct after Hiroshima.


Slight difference between douchily teabagging your opponent at the end of a long conventional war with a pair of atomic bombs...vs both side's opening moves were to throw a couple hundred modern clustered nuclear ICBMs and crowbars of doom at each other.
 
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