I sure wouldn’t invest in it now but sure as hell wish I had early on.Bitcoin just went passed $60,000 today.
Coinbase is getting ready to offer a debit card for bitcoin that is accepted anywhere visa is accepted.Exactly. Another drawback of Bitcoin is there's virtually no way of converting it into cash instantly like an ATM. I know they have Bitcoin ATMs, but they're really, really hard to find, especially if you're in the third world.
I think that in order of SAFETY of my investment I would go
Platinum
Gold
Silver
Bitcoin
Dollar / Euro / Pound
There is nothing backing up paper currency or bitcoin, but paper currency is always collapsing somewhere because of government stupidity.
I’m sure titanium has many uses but just the fact that yellow gold has held such value for thousands of years makes me feel it will continue to do so no matter what. It is instantly recognizable by everyone and coveted by most. When you get down to it you can’t eat it but likely could trade it for food to someone.I´ve sometimes thought about investing in Titanium which is not just shiny but also super-hard. After a collapse in the economy I think this could make it valuable, more so than gold or silver.
I’m sure titanium has many uses but just the fact that yellow gold has held such value for thousands of years makes me feel it will continue to do so no matter what. It is instantly recognizable by everyone and coveted by most. When you get down to it you can’t eat it but likely could trade it for food to someone.
There will always be people who will trade many things for gold. Fools? Not necessarily. Maybe someone has an abundance of food who will trade some of it for gold. SHTF won't last forever. I'd gladly trade a beef for some gold.cant see the point of any finance, not even coins and notes in a SHTF situation, only a fool would swap food for something they cannot use.
Nice. I also invest in US currency and coins. Right now I'm looking at buying an 1899 $5 silver certificate, cheif note. And a $10 Bison note.I like investing in real currency. I just bought a really nice 1804 half cent. At least I can hold it.....
I’ve collected coins since I was a boy. Not only is it an interesting hobby but it’s pretty liquid as a savings account too. I never learned much about paper currency though. I’ve been reading more news about it though talking about it’s increased popularity. The one thing I’ve learned about collecting is it’s a better investment to go for quality over quantity. I’d rather have 10 coins that are really nice than 100 average ones.Nice. I also invest in US currency and coins. Right now I'm looking at buying an 1899 $5 silver certificate, cheif note. And a $10 Bison note.
That's one of it's downsides, it makes it incredibly hard to work, not something you could use in a small fabrication shop. I doubt there are many places you could sell it in the future.I´ve sometimes thought about investing in Titanium which is not just shiny but also super-hard.
Pure titanium is NOT very hard, approximately 80 HRB.I´ve sometimes thought about investing in Titanium which is not just shiny but also super-hard. After a collapse in the economy I think this could make it valuable, more so than gold or silver.
It's that alright, and looking at the chart it just made a double top and is on the long ride down down down. A lot of us learnt from the 2000 tech stock bubble but the small investors in this one were in nappies back then.Bitcoin has no intrinsic value. It is a tulip craze and those don't end well.
https://en.wikipedia.org/wiki/Tulip_mania
You called the top BillBitcoin just went passed $60,000 today.
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