McAfee sure is an eccentric character. Ran for nomination of the Libertarian party to be the US president and lost to Gary Johnson, though I thought he did ok in the party debates. He's a smart MOFO with a great history of innovation in the tech space, but he's also into some wacky stuff and does his share of drugs. That said, I wouldn't be betting against him. I agree that Jihans fork is the long term winner. The Bitcoin Core team are muppets that will end up on the wrong side of history. Anyways, I hope he is right but I take his comments with a few grains of salt!
BB ~ I would suggest not speculating, it makes an a$$ out of you.. and only you. At no point did I say I was purchasing Bitcoin.
As per my first post in this thread, I like LTC at the moment... I'm also a fan of Cloak (but a riskier asset). I'm sorry all your negative trolling Bitcoin charts went to waste LOL.
with new usa regulations and hard fork it could be possible. alphabay, hansa, bitmixer.io and btc-e all shut down in the past weeks.
Ok, I'll play devil's advocate. Why are these the only two options? Couldn't it just as easily stay flat-ish (for bitcoin) for the foreseeable future?
Baron, I know you are upset seeing crypto's flying north after you've been holding dropping metals since the 2011 top... BUT, I have some more bad news for you!!! Silver should be going much lower yet...................... MOST LIKELY silver will continue down to APPROX US$8 That is right, your investment is likely about to drop ANOTHER 50% Perhaps look at your own poor performing investment rather than criticising others who are making money.
Here's some food for thought. And it is nothing I actually did, BUT if I had put just a Single ounce of gold (of which I had plenty of ) back when I first poo poo'd Bitcoin in July 2012 that very same ounce of Gold would be worth $400 U.S less now. The very same amount of BTC I could of bought back then though at that time with that same Ounce of Gold, would now be worth more than $400,000 U.S. Go do the math's yourself if you don't believe me, but them there is the plain fact's. https://99bitcoins.com/price-chart-history/ http://www.usagold.com/reference/goldprices/2012.html That would make for an interesting blog Post Bullion Baron.
I still hold the good old metals, stupid if you don't really ( I think). But for me personally they have never really performed and I have only ever lost actual fiat value since I bought the majority of them. Shares have been a bit Meh as well, Lithium has been great overall, Gold And silver related has seen moderate gains but overall neutral. Cash in the Bank.... Oh don't make me laugh, Real estate is overblown and ready for a major correction. Crypto, well I have seen over 10,000 % on selected ones over three years or so and over 1000% to 300% averaged in the last three months alone. Pull backs and reversals are inevitable and expected, but look back just three years and compare the overall gains to precious metals, real estate, or any other asset class you can think of and tell me that Crypto's are not delivering if you choose wisely. I've made more sitting on my arse and drinking a coffee on single trades than I ever did in a week of digging holes in the ground for a living over the last three months trading Crypto's. A single currency went up over 500% in a month, sliced the profit and put it into something else and that is already up 25% on the purchase price. I am sure if we still all could of, we would of three or four years ago, and would all be sitting on a Motza of Cocaine, Lamborghini's, and Hookers right now looking back. But the reality is that it is still the ground floor at the moment and Blockchain will dominate the planet over the next five years, Do a survey, ask your workmates or people that you meet "what is blockchain" ? Close to ten out of ten people haven't a clue at all. But you do. What you do with that knowledge is up to you for now but please don't look back in five years time as I did and realize that you could of been a multi millionaire for sweet fuck all if you just weren't a stupid fuck and took a chance with a few thousand dollars that you will probably waste on some other shit anyway. you Just $5 a day five years ago could of bought you a half a bitcoin a day at least, that same half Bitcoin today would be worth over $1600 AU right now. if you did that for a year your $5 a day would be worth more than a quarter million right now, just based on six months of a cup of coffee or less value.
I want to see a chart comparing an Oz of gold back in 2012 to the amount of Bitcoin it could of bought you back then and the comparative value of both now.
