Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1255697 times)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #12525 on: Today at 01:47:04 AM »
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In 2011 I walked through the CBD with 5kg of silver bars in my backpack. Downtown. Some 70s built building with dodgy entrance. They drilled each bar to test. Despite people quoting physical price was higher they offered spot.

Then I had to walk back through the CBD to a bank with 45k cash in my backpack.

Plebs holding physical I honestly think they are BS talkers who really have $500 worth. Doing what I did increased my risk and anxiety and I bought over spot and sold at spot so it was worse than a paper trade.

Physical metals is BS for plebs dude. paper positions or buy miners.

Lol, I can sympathize. I did the same with 1 kilo of gold, and 4 kilos of silver. Gets pretty heavy, and you also get a bit paranoid you might be robbed, or that you might lose it or drop it somehow. (It does feel nice to hold when you get it home though huh?)