BITCOIN/MONERO: Can we please have a Bitcoin (crypto/blockchain) section put up?

Discussion in 'General Precious Metals Discussion' started by Ilikemetals, May 3, 2017.

  1. Ilikemetals

    Ilikemetals Member

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    Hi guys,

    I stack the shiny Gold and Silver, but also know that there are other good additions to everybody's investment portfolio for the same reasons - to get your money OUTSIDE of the banking system.

    Bitcoin and Monero are the two best alternatives to PM's as they are both trustless Peer2Peer savings vehicles based upon vetted and objective peer-reviewed cryptographic/mathematics based technology. They are both contemporary form of "money" that oldies struggle to get their heads around.

    Not only are they proving a good store of value (Bitcoin is nearing $2100 AUD each as of this exact moment) but they are also very useful in that you can move wealth across borders without having to carry all that metal around. You can also store wealth quite cheaply and conveniently in this manner, by storing on special security devices (eg., TREZOR) rather than having to bury or hold your kilos and kilos of metal in vaults ;)

    Bitcoin will be the gold standard of crypto and is already LEGAL TENDER now officially in Japan. More and more countries including Russia, Australia etc are leaving it alone in terms of regulation because they don't want the growth to go ELSWHERE. This is taking off and the strong charts demostrate this.

    Bankers also can't manipulate the prices due to limited issue of the coins (they can't print paper to suppress their prices like they can with the gold/silver ETFs)

    Monero is the most private option as it holds no record of who you'r sending to/recieving from and no record of how much you own and where, unless you hold the keys to the "wallet". Bitcoin and Monero are the only peer-reviewed cryptos so be careful of all the othe get-rich scammy ones, stick to the science and also stay away from Ethereum as that is a closed-entropy based crypto that the bankers are supporting - FUCK THE BANKERS!! Remember why you are here!!!

    I want Crypto/Blockchain to become more popular here on Silver stackers so that we can buy/sell from each other like we do with the PM's. The exchanges in Australia are a fuckig rip off so we need a local Aussie market to grow!

    Cheers mates
     
  2. whinfell

    whinfell Well-Known Member Silver Stacker

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  3. Altima

    Altima Well-Known Member Silver Stacker

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    Just curious, do you have a significant investment in Monero and Bitcoin?
     
  4. Ilikemetals

    Ilikemetals Member

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    Perhaps, but it is always best to remain silent on such things.

    So NO, I hold no Precious metals or Crypto-currency. Just shitty fiat currency!!!
     
  5. Ilikemetals

    Ilikemetals Member

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