Goldtent TA Paradise

Bitcoin on cover of Barrons

1. Fullgoldcrown says:

   June 10, 2017 - 4:26 pm at 4:26 pm

   Thanks dadoc1…usually the kiss of death

2. Bikoo99 says:

   June 10, 2017 - 7:47 pm at 7:47 pm

   Sure is. Stay away from CC’s.

3. pedro_deleon says:

   June 10, 2017 - 10:30 pm at 10:30 pm

   They wish.
   Cryptos are threatening the control central bankers have had for 500 yrs (or longer) on what passes for currency and how wealth can best be stored over time.
   Imperfect as they may be, they have some advantages over gold and silver PM advocates could only dream about.
   BTC may not survive in the end, but something better will come along.
   Just like AltaVista and other search engines gave way to Google.
   I’m not really endorsing BTC here, so much as the concept, but fiat is the ultimate con given the erosion of confidence in government that we’ve already seen, and the value of fiat is the ultimate measure of that.

   • Dangermouse says:

     June 11, 2017 - 2:07 am at 2:07 am

     Well said, Pedro.
     Crypto’s are here to stay. BTC is far from having topped (it surely could correct in the short term).
     Lots of money will be made by those who adapt to this new money paradigm !

   • Russian says:

     June 11, 2017 - 6:05 am at 6:05 am

     There is a chance Ethereum will be adopted on a state level in Russia. As bookkeeping tool.

   • Osiris says:

     June 11, 2017 - 6:13 pm at 6:13 pm

     Hey Guys, this is my first post on the tent..

     Actually I wanted to post some charts as my first post, but this cryptocurrency stuff and especially the technology behind named “blockchain” sucked me in and I have to say, after many hours on reading and studying this thing, I am deeply impressed and I think there is the possibility that this will change the world as we know it, a world without fiat money and also without gold or silver., a whole new worldwide economy. On Friday I invested half of my money that I initially planned to invest in miners and maybe some bear etfs (in case the stock market goes down) in Ether and some REPs. I know, this looks utterly stupid from an investment perspective, but I will take the risk, as I said, i am deeply impressed and like this technology very very very much. maybe I should take other words: I am invested in a revolution.. :-)…

     With the rest of my money I am flat, gold looks somehow too dangerous to me actually.

     Finally (before I go to sleep, i am really tired) I want to mention: if the SM cracks or goes down this year or there is even a new crisis, the cryptos will further skyrocket. There will be max 21 million bitcoins and 91 million ethers ever in this world. do the math about possible valuations, when the capital is searching for other assets. 🙂

     good luck, Osiris