Comments on: The Collapse Of Bitcoin

By: Shawn Schaitel

Shawn Schaitel — Sat, 19 Jul 2014 14:15:00 +0000

the very first central bankers were the gold smiths of england and like anything else it can be easily manipulated

By: Shawn Schaitel

Shawn Schaitel — Sat, 19 Jul 2014 14:14:00 +0000

the government FDR did this during the 30s

By: Shawn Schaitel

Shawn Schaitel — Sat, 19 Jul 2014 14:13:00 +0000

that was joke but t see your point and its also what mine was suppose to be

By: Chuck

Chuck — Tue, 20 May 2014 14:41:00 +0000

None. I was alert to problems at Mt Gox and did not use their services.

By: Chuck

Chuck — Tue, 20 May 2014 14:40:00 +0000

If you look at previous collapses, you will find that people didn’t revert back to the stone age each time. Perhaps a little investigation into what the collapse looked like would help you to see possible futures a little more clearly. Gold and silver maybe easy to hide (better dig a deep hole to avoid metal detectors), but are they easy to flee with? Maybe in small amounts, but $100,000 worth of gold for instance might be a little hard to leave a country with. Check with anybody who left an Eastern European country during the days of Communism. They sewed paper money into their clothing and shoes. Gold and silver would have been detected. Bitcoin is accessible anywhere you can get internet. You don’t need to smuggle it.

Just for an experiment try taking in excess of $10,000 in gold across the U.S. border and see what happens…

By: indigopete

indigopete — Wed, 05 Mar 2014 23:04:00 +0000

Blubberblubberblubber Things do not have an “intrinsic” value. They have either a utility value or an exchange (monetary) value. If something works as money (as gold did in the physical economy- before the internet arrived) then it will have a monetary value. It’s not a question of “inferior” or “superior” money, it’s a question of unlevered base money (which gold and bitcoin are) vs proxy money (which fiat money is).

By: Futuroscope

Futuroscope — Tue, 04 Mar 2014 14:46:00 +0000

Bitcoin, 10days after this post is almost the double of the price here posted (720USD as today) and gaining momentum. I would say is not collapsing, but the very opposite.

By: Priszilla

Priszilla — Mon, 03 Mar 2014 19:56:00 +0000

In my computer games I also have some gold. Still looking for a way to make that into real money. At least, I just invested time, no cash.

By: GSOB

GSOB — Sun, 02 Mar 2014 15:56:00 +0000

“So undue worrying about them, or about their gaining or losing value, takes our eye off the real ball, composed of real things that have real value.”

From that point on…. you are soliciting for charitable contributions while on this site.

Please practice what you preach.

We have the bible.

By: Malcolm Reynolds

Malcolm Reynolds — Sun, 02 Mar 2014 05:48:00 +0000

Just read Zero Hedge.
Maybe someday you’ll catch up or even catch on…