anyway bit coins at least so to speak have a cap so for now maybe its alright but not in the long term imo real assets always trumps all.
one should look at mmorpg as a indication of what could go wrong with virtual currencies that keep on having inflation.
meaning farmers keep making more and more bit coins so to speak a never ending supply as a result prices shoot through the roof.
but newbies need a way to get ahead as well.
thing is the game design needs to have a money sink for the rich to waste their wealth and then redeposit that wealth to the lower class and have them move up the ladder to be productive.
the constant move sinks given to end game chars and then the motivation of wealth and power to the lower levels.
to move up with a little help such as in game newbie quests to quickly level them up.
yes it is a form of progressive taxation but instead of force it is making the rich elites in the games willingly give up their wealth for a piece of the new content.
that is how one should deprive the rich from their wealth besides taxation.
a ponzi scheme for the wealthy to dump their money is all fine and they wont care then.
but the FED wants a template to issue infinite currency to themselves after all... well go play an mmorpg and tell us what happened to all that currency tyvm.
that is why I am saying if you are interested in it then mine it but do not trade silver for bit coins only change bit coins for silver if possible.
let the rich sobs waste their money there.
lets hope the bit coin community changes them to physical though
they want a etf to naked short it soon like they are doing with slv and gld so they can naked short
them. they may even sell futures on bit coins when there is no future...
the reason why bit coins surged so high is because they didn't know how to naked short it.
they are making a new ETF to deal with the naked shorting being forbidden problem though it makes no sense what so ever because why get etf when owning it is so easy already?
that is stupid.
especially the sheep that actually buy the etf instead.
for the time being bit coins are safe but in a few more months maybe they will be attacked again.
remember those buying right now are chasers and they may be luring idiots in.
that still wont do anything for gold and silver even if we buy all of it as long as people still trade the futures that can do whatever they want
the miners themselves have to stop supplying them at such cheap rates.
meaning they need to sell it to consumers themselves and cut out the middle man.
the miners can sell their silver directly to the public instead
i would be very careful especially now that it has hit 600+.
it has drawn too much attention now if you wanted in you should have bough way long ago not now.
buy high sell higher? sorry doesn't work that way.
during the cyprus intentional crash it was time to buy at 50 bucks now? too many rich sobs in it.
just let them have their play money take the physical now. if you will do it try to mine it yourself and compete with them.
I am sure they are setting up servers to take a piece of the pie.
well the more danger the USD is in the more they want to hit silver and gold
look at this in comparison to bit coins
Last price:$641.00100 High:$649.00000 Low:$499.00000 Volume:48726 BTC Weighted Avg:$570.36273
like geez usd is toilet paper vs bit coins right now.
hyper inflation occurred there.
just because they try to hold down reality
reason is simple they want to financialize bitcoins so they can naked short it.
they know they cannot win without cheating.
financialization of it is a cheat for them after all.
those that buy the etf like this slv etf scam instead of the real stuff are sheep.
anyway to any bit coin holders or investors avoid the etf at all costs it is a scam as well.
bit coins isn't worth 500 bucks yet but the financial people pumped it up sky high again.
oh well. still better than the dollar but not as good as real assets. you have been warned they will use the ETF to financialization of the crypto-currency
financialization = destruction and stolen wealth by leeches of the currency it is in.
if you can isolate the financialization from them that would be a solution.
it is digital there is no need for financialization. yet they do so.
please answer why?
the reason is simple because they want to destroy it with perception.
notes: they want to be able to naked short bit coins like they do gold and silver.
therefore they can control and manipulate it while they can naked short their own etf then and throw illusions right now they cannot naked short it so they are trying to find ways
yes that is right to manipulate perception.
I guess the few btc I mined early on when the coins were cheap are now going to the moon like tulips.
already got my money back for the GPU I used but geez. going too high too fast. too much speculation I know wall street junkies are involved in the massive spike after all.
ETF ON BIT COINS ARE THEY STUPID?
just buy the real thing then instead of using financial instruments.
only idiots would buy a bit coin etf instead of just holding the real stuff if they want it.
so to speak.
oh well. guess gold and silver is dumped for bit coins. kinda dumb but it cannot be helped they find bit coins more useful now than the USD.
DON'T BUY THIS!! Medle Is Better!, July 7, 2013
By Family of six "Ninjas told me so." (If anyone knows, can you tell me?) - See all my reviews
This review is from: Cubify CubeX 3D Printer - Frost (Accessory)
I can't tell you all of the problems I've had.. First three months of lead time. Got a broken printer. They mailed me broken replacement parts a month later. A month after that they sent me a new printer.... From the time I paid my $2,700 to the time I made my first print? 5 MONTHS! But it gets better, they use proprietary cartridges that offer half the filament at THREE TIMES the price! That is right $99 gets you a pound of plastic. Everywhere else sels2.2 lbs for around 34 bucks.
Then there is the lead time for the filament. As of yesterday, they told me I have to wait 4 months for my filament order to come in.... So now we are a 9 months of no printing (projected, it'll likely be longer).
oh btw then there is CUBE by DDD read the reviews it sucks as a product.
the only thing in question for me is why did svm report losses after adjustment
66-62 = 4 million left over
either it is from dividends or taxes. shrug. but they didn't need to.
well I guess we can just tell him LIKE NO DUH. that was what was reported as the silver industry implodes and more silver being shorted to oblivion as we take physical delivery and drain the supplies.
something else to consider:
"On a professional level, 3D printing affords entrepreneurs a more cost-effective option for manufacturing. But the real test could come next year, when a number of key patents expire. Once that happens, expect a flood of cheap 3D printers to hit the market, bringing more affordable manufacturing options to cash-strapped designers and entrepreneurs."
thats right man someone says next year key patents are set to expire and as a result finally hackers and engineers and make them for cheap cheap cheap.
it is about time too.
that 1000+ printer may drop down to 500 and 500 printers may drop to 300 or less.
finally technology can move forward BECAUSE corporate PATENTS are set to EXPIRE WORTHLESS.
this is why I hate patent trolls especially apple rounded corners it made me really despise them.
someone comments here:
"Yeah, but now those #$%$ sell youthe printer with 1/4 filled cartridges.
Gotta love the 3D printing community, now building extruders to make their own filaments."
that's right engineers and hackers are making their OWN EXTRUDERS so we do not need to buy ANY from you.
when you over price your products people will naturally make it themselves.
also most engineers and techs HATE corporate managers.
see engineer of makerbot founder
"I have been withholding judgement until hearing official word regarding the open source nature of the latest MakerBot printer. I’m trying to contact people to find out what the real scoop is but so far nobody is talking, and my ex-partners are not returning phone calls or emails. It certainly doesn’t look good. The best information I have found is a load of corporate double-speak #$%$ that has come to characterize my interactions with MakerBot in recent memory."
Yep agreed lots of corporate double-speak #$%$.
by wall street of course.