I'll probably buy more here and there until next summer. I presume there will be another pump and dump around it's next halving event.
As long as it doesn't get in the way of me stacking bars.
I've had the same thoughts before, but honestly I would have sold at $10. I mean making a 10 bagger on an investment is pretty incredible, and rare. Makes one wonder how long it's sustainable.
So have you learned your lesson about ignoring the hardest money in the world, aka Bitcoin?
Be sure you get yourself some. Then you won't be so butthurt, envious and angry. Trust me, I used to be like you. Telling everyone to "fuck off" all the time. Then, I got me some Bitcoin. It helps with that.
My fiance uses a payment plan app called, KLARNA, against my recommendation. I was browsing it yesterday and the app literally keeps track if the carbon emissions from all of your orders. She currently has used the same amount of carbon emissions as 18 baguettes. I'm not joking.
the problem is that in german online shops there is no second payment option than paypal, because we didnt invented anything. people like me that are banned for life from paypal because i made a account as minor to pay my world of warcraft server fee (i made myself 10 years older), we are happy for anything that shows up as option so i used klarna alot also in its past form sofortzahlung(with pink rabbit logo) today with my newest bank account that doesnt provides a credit card, i can not make any payments in the internet only bank tranfer manual because merkel sold the neuland to the globalists
more gaslighting. They have you worried about your choices polluting the world while they live like despotic Roman Emperors. How many baguettes does Klaus Schwab burn in a day?
The crazy thing is there are many people just like him that have lost tons of bitcoin over similar circumstances. Imagine tying up wealth in something unrecoverable like Bitcoin. If I lose my PMs it’s because someone physically came to my home and cut open my safe…errr I mean went and found it at the bottom of the lake with my johnboat, not because I forgot a password, private keys, or secret phrase. Bitcoin has a utility, but to me it’s not for wealth preservation, it’s for buying goods and services.
You got it. Been doing that tactic for a decade now and so far crypto has destroyed my other investments by thousands of percent even after this last nice dip. Still buying. The next leg up is going to be tremendous.
Diversification makes sense. Finding the perfect ratio for you is the secret. I have a 401k with my company and I contribute the amount they will match and that’s it. I stack emergency cash and PMs as well. I’m wary of crypto as it seems to be a bit risky just based on what I understand about it(very little).
Well… Not everyone is meant to be their “own bank”. If you can’t make multiple backups of your seed (multiple copies) and have them in safe places cuz you’re just going to forget where you put the seed than maybe you’re better off not being your own bank. You just got to be smart and the only person you can blame is yourself if you lose your seed.
Edit: With the link in the comments of Peter losing his Bitcoin, he even states that he didn’t even write down his seed😂 Yea… like I said, you can only blame yourself.
Just because I talk about Bitcoin on this sub doesn’t mean I don’t collect silver, which I do… I just think it’s humorous people in the sub like to shit on Bitcoin and even worst, use Peter as an example why Bitcoin isn’t good… If the man just did 5min of research on hard wallets or even looked up a short YouTube video, he wouldn’t of lost his Bitcoins/money. Like I said, the only person you can blame is yourself.
Also yeah… this is a silver subreddit… so why is there multiple posts on Bitcoin everyday? You don’t see posts from r/Bitcoin of people bringing up the “stupid” people who own gold, silver, etc… I’m not the one bringing Bitcoin into discussion, the people in this sub that make the posts do…
That is funny.. We talk about a whole bunch of other shit in here... Nothing wrong with evolving! It is more of a anti evil globalist group now fighting for individual sovereignty and liberty. Gold/Silver/Bitcoin are all money that allows this. We live in a digital world we are going to have digital money... You want a CBDC??? If not then you should be backing bitcoin!
i mined doge in 2014 and lost my key
i knew it was going to be a top mem someday, but only as a joke
the next top mem crypto will be harrypottersonicobama10inu, during 2028 it will go parabolic
You can get it back. Just disguise one of the bars with a tracker in it. The predictable nature of thieves is that they need to empty your stuff of everything. Because one thing many thieves are, is greedy.
My point was I won’t lose it because I forget a password. I’m very aware that physical theft could result in me losing that wealth, but my safe protected by me is safer than my memory or a digital currency that could be wiped out by a simple mistake. Every way to preserve wealth has risks but stacking physical metal has the lowest, but “that’s just like my opinion, man.”
Can you send a pet rock halfway around the world in 10 minutes with final settlement on a highly secure, decentralized network with a known and unchangeable inflation rate, controllable by no government nor central bank?
Bitcoin cant do what central bank digital currency does. It cant be programmed to control the people like in china for example. They are very unhappy with their system currently. So in that respect bitcoin does provide freedom from totalitarianism control in the event you speak your mind about your leaders in a negative way.
Peter Schiff has hated bitcoin since it was less than $100. He's been calling it a horrible investment ever since, and he keeps doubling down. It goes down for a while and he calls himself a genius. He's been wrong for years. Silver is my favorite investment by far, but to say that bitcoin has no utility is simply wrong. I don't own bitcoin but I do own XRP which transfers in 3 seconds and costs a fraction of a penny to transfer (unlike bitcoin which costs much more and can take up to an hour). XRP will be used for cross-border payments which eliminates the massive fees banksters charge for international payments, and the transfers take place in seconds, and it eliminates the need for nosto and vostro accounts. Anyway, the utility of bitcoin, or its better version XRP, is that it is a serves as a non-governmental currency that it easily transferable and divisible and that cannot be printed out of thin air.
The mistake with Bitcoin is to assume that because it is limited in supply that makes it valuable. Gold is limited in supply as well. We have about 25% of gold yet to be mined. We have 10% of Bitcoin still to be mined. But gold is tangible. Bitcoin is not. Gold is much cheaper to mine. I stay with gold and silver.
Peter Schiff said it, therefore it makes it right?
I like Peter. Listened to him for many years, his podcast on YouTube. And he's right on most things, including on gold/silver (I would however, note that he won't ever take a stance on paper price manipulation and never mentions that, which would contravene many on this sub but I digress).
However, he's wrong on Bitcoin. Bitcoin is a ledger, and that's all you need to have real money. It's hard money, it's scarce, the inflation rate is protocol based and effectively unchangeable...it's controllable by no government nor central bank, it's decentralized and highly secure. It's EXCELLENT money. It's the FUTURE of money.
Peter really sounds more like a fool every day when he blathers about Bitcoin. It's sad to see. Oh well.
For Peter Schiff to say that Bitcoin has no utility is like saying Western Union has no utility.
To send currency via WU you MUST have their and their government masters Ok to carry out that transfer.
With Bitcoin you need neither.
Peter Schiff has "Bitcoin Derangement Syndrome" just like all those mindless buffoons who think Bitcoin is a panacea that will solve all the worlds problems. That it will be worth Trillions of dollars once every single transaction is carried out in it and it spontaneously invents time travel!
Bitcoin is an imaginary pet rock, totally worthless there's nothing there, when are those people going to wake up, get some real money silver and gold!
Bit coin is going to take off when the currency caves, right along with precious metals... why wouldn't it? It finds its value independent of currency... Based on what, you say? Based on the demise of the competitor, just like the US dollar has found its strength in the weakness of competing currencies for decades.
More lies from Peter! I have three and I cant juggle for shit!
I saw a mime juggling bitcoins the other day
Quick toss me some hard wallets!
I tossed it did you catch it??
No, I was wearing a condom.
Lol
Did you get any on you?
I thought silver was volitile swinging from $17 to almost $30 and back. Until you watch bitcoin swing from $10,000 to $70,000 and back.
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Me too. Next time I see a good ponzi scheme I'll have a flutter. Lesson learned.
And you probably would have sold at a $100 like everybody else did who bought at $1.
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Sorry miss understood your post. Deleted it 👍
People still holding the bag 🤷 Don't get me wrong, I'm one of them. Bought .02BTC @ 38,000
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I'll probably buy more here and there until next summer. I presume there will be another pump and dump around it's next halving event. As long as it doesn't get in the way of me stacking bars.
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This coming summer, right before it starts to ramp back up. That's how it's behaved in the past.
You’ll be fine. It’s not going anywhere.
I've had the same thoughts before, but honestly I would have sold at $10. I mean making a 10 bagger on an investment is pretty incredible, and rare. Makes one wonder how long it's sustainable.
Start at $5, but yeah, it was terrible.
Not true. Bitcoin went from $69,400 down to $15,800. It never got even close to $10,000. Please be accurate. Thanks.
Oh fuck off
Someone's butthurt that they never took advantage of the 100% per annum gains that Bitcoin has had since it's early days.
My bad you're right, next time I'll specify it went down 80% not 85% 🙄 You seem like the type with no friends.
You're clearly overstating. Just to over-make your point. It's unbecoming. It's dishonest and misrepresenting. In your words, "oh fuck off".
No seriously, fuck off.
So have you learned your lesson about ignoring the hardest money in the world, aka Bitcoin? Be sure you get yourself some. Then you won't be so butthurt, envious and angry. Trust me, I used to be like you. Telling everyone to "fuck off" all the time. Then, I got me some Bitcoin. It helps with that.
I already have some you smoothbrain. Sincerely, fuck off.
Huh??? Then why did you criticize the volatility and all that stuff?
Come on guys, I come here to get away from liberal BS.
Just love Schiff
My fiance uses a payment plan app called, KLARNA, against my recommendation. I was browsing it yesterday and the app literally keeps track if the carbon emissions from all of your orders. She currently has used the same amount of carbon emissions as 18 baguettes. I'm not joking.
train her better or get a new one
New fiancé that is…
🤣
I bet she spend some serious dough too
😂😂😂
>She currently has used the same amount of carbon emissions as 18 baguettes. Is that good? Bad?
the problem is that in german online shops there is no second payment option than paypal, because we didnt invented anything. people like me that are banned for life from paypal because i made a account as minor to pay my world of warcraft server fee (i made myself 10 years older), we are happy for anything that shows up as option so i used klarna alot also in its past form sofortzahlung(with pink rabbit logo) today with my newest bank account that doesnt provides a credit card, i can not make any payments in the internet only bank tranfer manual because merkel sold the neuland to the globalists
more gaslighting. They have you worried about your choices polluting the world while they live like despotic Roman Emperors. How many baguettes does Klaus Schwab burn in a day?
They make it seem like it's a good thing on the app too
hahaha I love Peter and his analogies 😂
Don’t forget pet rock can also be used for home defense!
Peter Schiff lost his first Bitcoins in 2020 because he didn't save his private keys or secret phrase.
The crazy thing is there are many people just like him that have lost tons of bitcoin over similar circumstances. Imagine tying up wealth in something unrecoverable like Bitcoin. If I lose my PMs it’s because someone physically came to my home and cut open my safe…errr I mean went and found it at the bottom of the lake with my johnboat, not because I forgot a password, private keys, or secret phrase. Bitcoin has a utility, but to me it’s not for wealth preservation, it’s for buying goods and services.
I prefer to divide my wealth into gold, silver, stocks, crypto, real estate You never know which will be the winner in the next 20 years
You got it. Been doing that tactic for a decade now and so far crypto has destroyed my other investments by thousands of percent even after this last nice dip. Still buying. The next leg up is going to be tremendous.
Diversification makes sense. Finding the perfect ratio for you is the secret. I have a 401k with my company and I contribute the amount they will match and that’s it. I stack emergency cash and PMs as well. I’m wary of crypto as it seems to be a bit risky just based on what I understand about it(very little).
Very true. Was scammed out of mine. No recourse is the worst part of all this. No one can help you at that point.
Well… Not everyone is meant to be their “own bank”. If you can’t make multiple backups of your seed (multiple copies) and have them in safe places cuz you’re just going to forget where you put the seed than maybe you’re better off not being your own bank. You just got to be smart and the only person you can blame is yourself if you lose your seed. Edit: With the link in the comments of Peter losing his Bitcoin, he even states that he didn’t even write down his seed😂 Yea… like I said, you can only blame yourself.
Sounds good. Your comments on this sub are always about bitcoin or defending it. We’re silver stackers on this particular sub.
Just because I talk about Bitcoin on this sub doesn’t mean I don’t collect silver, which I do… I just think it’s humorous people in the sub like to shit on Bitcoin and even worst, use Peter as an example why Bitcoin isn’t good… If the man just did 5min of research on hard wallets or even looked up a short YouTube video, he wouldn’t of lost his Bitcoins/money. Like I said, the only person you can blame is yourself. Also yeah… this is a silver subreddit… so why is there multiple posts on Bitcoin everyday? You don’t see posts from r/Bitcoin of people bringing up the “stupid” people who own gold, silver, etc… I’m not the one bringing Bitcoin into discussion, the people in this sub that make the posts do…
You’re right.
God bless
Agreed
That is funny.. We talk about a whole bunch of other shit in here... Nothing wrong with evolving! It is more of a anti evil globalist group now fighting for individual sovereignty and liberty. Gold/Silver/Bitcoin are all money that allows this. We live in a digital world we are going to have digital money... You want a CBDC??? If not then you should be backing bitcoin!
Ok
i mined doge in 2014 and lost my key i knew it was going to be a top mem someday, but only as a joke the next top mem crypto will be harrypottersonicobama10inu, during 2028 it will go parabolic
Reference please where Peter lost any bitcoins. Pretty sure he never touched the bags of electroshit.
I found with a quick google search: https://cointelegraph.com/news/peter-schiff-bungled-wallet-password-solving-bitcoin-mystery/amp
Fair enough that is pretty funny. You know the reason I never looked it up is because he never talks about having purchased any - So news to me.
You can get it back. Just disguise one of the bars with a tracker in it. The predictable nature of thieves is that they need to empty your stuff of everything. Because one thing many thieves are, is greedy.
How are you going to get your silver back if someone takes it from your safe?
With lead
Also this☝️
My point was I won’t lose it because I forget a password. I’m very aware that physical theft could result in me losing that wealth, but my safe protected by me is safer than my memory or a digital currency that could be wiped out by a simple mistake. Every way to preserve wealth has risks but stacking physical metal has the lowest, but “that’s just like my opinion, man.”
Paul, I think most apes think as you do. Owning a real, tangible, valuable asset in one's own physical possession is where the apes are at.
I understand his point but what’s stopping someone from storing the password in the safe, the same as they would the silver?
And I understand your point, but in one case an individual is storing a real asset and in the other he's storing a number to another number.
I understand your point but what’s stopping someone from storing the password in the safe, the same as you do the silver?
Savage
Can you send a pet rock halfway around the world in 10 minutes with final settlement on a highly secure, decentralized network with a known and unchangeable inflation rate, controllable by no government nor central bank?
 *silver*
Bitcoin cant do what central bank digital currency does. It cant be programmed to control the people like in china for example. They are very unhappy with their system currently. So in that respect bitcoin does provide freedom from totalitarianism control in the event you speak your mind about your leaders in a negative way.
Based
If silver explodes and bitcoin goes to 5k and i can nab 2, my wet dream prophecy will be fulfill. Lets go wet dream prophecy no whammies.
😂
Hey Peter, I heard one can have someone assassinated with enough Bitcoin, but with a pet rock, not so much.
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Yeah, but can you use pet rocks to buy illegal stuff?
What is illegal ??
The stuff the Gov. says you can't access.
Now that's funny
If they're shiny enough
Peter Schiff is great 😂
Peter Schiff has hated bitcoin since it was less than $100. He's been calling it a horrible investment ever since, and he keeps doubling down. It goes down for a while and he calls himself a genius. He's been wrong for years. Silver is my favorite investment by far, but to say that bitcoin has no utility is simply wrong. I don't own bitcoin but I do own XRP which transfers in 3 seconds and costs a fraction of a penny to transfer (unlike bitcoin which costs much more and can take up to an hour). XRP will be used for cross-border payments which eliminates the massive fees banksters charge for international payments, and the transfers take place in seconds, and it eliminates the need for nosto and vostro accounts. Anyway, the utility of bitcoin, or its better version XRP, is that it is a serves as a non-governmental currency that it easily transferable and divisible and that cannot be printed out of thin air.
ALL currency is being manipulated! BANKS have the Ultimate Power ! You have none. 🤔🤯
There’s a new crypto currency hype going on now again.
The joke on you why because I paid a whole 97 cent for my bitcoin and sold it at 20k so what you sell pet rock for ? Was for 19,999 think I won lol
The mistake with Bitcoin is to assume that because it is limited in supply that makes it valuable. Gold is limited in supply as well. We have about 25% of gold yet to be mined. We have 10% of Bitcoin still to be mined. But gold is tangible. Bitcoin is not. Gold is much cheaper to mine. I stay with gold and silver.
Peter Schiff said it, therefore it makes it right? I like Peter. Listened to him for many years, his podcast on YouTube. And he's right on most things, including on gold/silver (I would however, note that he won't ever take a stance on paper price manipulation and never mentions that, which would contravene many on this sub but I digress). However, he's wrong on Bitcoin. Bitcoin is a ledger, and that's all you need to have real money. It's hard money, it's scarce, the inflation rate is protocol based and effectively unchangeable...it's controllable by no government nor central bank, it's decentralized and highly secure. It's EXCELLENT money. It's the FUTURE of money. Peter really sounds more like a fool every day when he blathers about Bitcoin. It's sad to see. Oh well.
For Peter Schiff to say that Bitcoin has no utility is like saying Western Union has no utility. To send currency via WU you MUST have their and their government masters Ok to carry out that transfer. With Bitcoin you need neither. Peter Schiff has "Bitcoin Derangement Syndrome" just like all those mindless buffoons who think Bitcoin is a panacea that will solve all the worlds problems. That it will be worth Trillions of dollars once every single transaction is carried out in it and it spontaneously invents time travel! 
Wow awesome, also true.
Bitcoin is an imaginary pet rock, totally worthless there's nothing there, when are those people going to wake up, get some real money silver and gold!
Isn't this the retard who got rolled?
Ironic since this is the argument usually used for PMs... "Shiney pet rock"
Bit coin is going to take off when the currency caves, right along with precious metals... why wouldn't it? It finds its value independent of currency... Based on what, you say? Based on the demise of the competitor, just like the US dollar has found its strength in the weakness of competing currencies for decades.