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01 Feb 2015

BTC Bitcoin Vs. Gold Another Look

BTC Bitcoin Vs. Gold Another LookAnother Junius Maltby discussion where we once again take a look at BTC. Where is it going? Who trusts in the shadow currency? What will become of it and could it be near its end? Please…

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Comments

  1. jarret45 says

    February 1, 2015 at 1:00 pm

    Not understanding bitcoin and cryptocurrencies is a fair enough reason not
    to own any. However, with that said I still find it somewhat myopic not to
    see the potential. I like to compare bitcoin to electricity. When
    electricity was first being discovered, harnessed, and utilized, it was a
    fairly confusing concept, even dangerous. It required technical know-how, a
    bit of effort, imagination, and some foresight. You couldn’t “see” it like
    you could a candle or lantern, but today it is commonplace. I’m not saying
    crypto will replace gold outright, but it is here to stay. If not bitcoin,
    then whatever crypto comes next to improve upon and replace it. Also, the
    claim that bitcoin can be stolen is no different than claiming a bank can
    be robbed, or your house can be broken into/burn down (and your gold lost).

    For the record I like gold AND cryptocurrencies. Both have strengths and
    weaknesses, both have advantages and disadvantages. You can like both if
    you want. It’s allowed. I wish more people didn’t feel the need to pick a
    side, including people in the precious metal/stacking community which is
    particularly disheartening. Stackers seem to look down their noses at
    bitcoin the way the rest of the population looks down theirs at precious
    metals and those who use them to preserve wealth. I’m not saying that’s
    what you’re doing in this video, but I’m always confused by this tendency
    from many stackers and wonder why they don’t see their own inconsistency. 

    Reply
  2. Silverino . says

    February 1, 2015 at 1:02 pm

    BitCoin rest in peace

    Reply
  3. Junius Maltby says

    February 1, 2015 at 1:12 pm

    Here you all go.

    Reply
  4. Junius Maltby says

    February 1, 2015 at 1:28 pm

    Reply
  5. Silver Turd says

    February 1, 2015 at 1:31 pm

    Kitty wants some toilet paper, Haha!

    Reply
  6. Faisal Mirza says

    February 1, 2015 at 1:36 pm

    Bitcoin = shit-coin 

    Reply
  7. dk keaux says

    February 1, 2015 at 1:42 pm

    Nice stack

    Reply
  8. dk keaux says

    February 1, 2015 at 1:48 pm

    Always stack brass and lead before you stack gold and silver.

    Reply
  9. Junius Maltby says

    February 1, 2015 at 1:50 pm

    Here is another discussion on #BTC #Bitcoin my friends.

    Reply
  10. Silver Slacker says

    February 1, 2015 at 1:54 pm

    Yup, I have stayed far away from Bitcoin because it just never made any
    sense to me. I never saw the need for it when there are many other options
    for transferring money and that was the big main reason why Bitcoin was
    created. As a cheap way to transfer money with little to no fees. But it
    is way to unstable to act in that capacity since the value changes so much
    day to day. 

    Reply

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