One bitcoin is worth more than one ounce of gold

[madfranks]

As of this post, one ounce of gold = $1228.80; one bitcoin = $1269.24.

http://coinmarketcap.com/currencies/bitcoin/

My biggest regret right now is not buying 1000 bitcoin back when SirGonzo420 told us all about it years ago, back when a BTC was a few bucks, less than one ounce of silver.

[palani]

Bitcoins are fictions.

Dollars are fiction.

Silver is real.

Gold is real.

Things join with like things. The imaginary join with the imaginary and the real join with the real.

Corporations are fiction. They love to collect and distribute FRNs.

The Federal Reserve is fiction. They love to control other fictions (corporations).

Fictions are created for a reason. Once you understand the reason you can opt out (or opt in). You choose.

Take a look at your birth certificate. Likely it says you were born into a municipal corporation somewhere. Nobody lives there.

[EE_]

Bitcoins are fictions.

Dollars are fiction.

Silver is real.

Gold is real.

Things join with like things. The imaginary join with the imaginary and the real join with the real.

Corporations are fiction. They love to collect and distribute FRNs.

The Federal Reserve is fiction. They love to control other fictions (corporations).

Fictions are created for a reason. Once you understand the reason you can opt out (or opt in). You choose.

Take a look at your birth certificate. Likely it says you were born into a municipal corporation somewhere. Nobody lives there.

Fictions are created for the goyim, 'real' is only for the money changers

[EE_]

As of this post, one ounce of gold = $1228.80; one bitcoin = $1269.24.

http://coinmarketcap.com/currencies/bitcoin/

My biggest regret right now is not buying 1000 bitcoin back when SirGonzo420 told us all about it years ago, back when a BTC was a few bucks, less than one ounce of silver.

Then you will really regret it when you see a couple more zeros added to them. Me too :(

[Hitch]

Bitcoins are fictions.

Dollars are fiction.

Silver is real.

Gold is real.

Well, that sounds good with words. But right now you could trade 1000 bitcoins for mansion with acreage. Property is very real, so I'm with madfranks. I bet sirgonzo is living the high life!! :)

[palani]

right now you could trade 1000 bitcoins for mansion with acreage

Truly you can trade one fiction for another just as one illusion might cover another illusion. In the world of observation waves don't exist. They become particles instead. You can think of the wave as a fiction and the particle as reality but it was the observation that brought the particle into being.

When you purchase that mansion you are buying into the previous owner's illusion (or you are being infected with his delusion).

[Joshua01]

Yeah, I feel your pain. I should have invested in Microsoft back in the mid 80's. We all have missed opportunities in our life. We just carry on and hope we hit on the next one
As of this post, one ounce of gold = $1228.80; one bitcoin = $1269.24.

http://coinmarketcap.com/currencies/bitcoin/

My biggest regret right now is not buying 1000 bitcoin back when SirGonzo420 told us all about it years ago, back when a BTC was a few bucks, less than one ounce of silver.

[madfranks]

Well, that sounds good with words. But right now you could trade 1000 bitcoins for mansion with acreage. Property is very real, so I'm with madfranks. I bet sirgonzo is living the high life!! :)

Honestly, I think that's why he left the forum. He was probably the earliest champion of cryptos on this forum; and when they skyrocketed, I bet he cashed out and like you said, living the high life right now! I wish he'd check in and let us know how it feels to be a bitcoin millionaire!

[Hitch]

Honestly, I think that's why he left the forum. He was probably the earliest champion of cryptos on this forum; and when they skyrocketed, I bet he cashed out and like you said, living the high life right now! I wish he'd check in and let us know how it feels to be a bitcoin millionaire!

I sure hope that's the case. I always liked sirgonzo, he just seemed like a straight up 'real' kind of person, a guy you could relax with and have a beer.

It would be great if he checked in. I'm thinking positive, he cashed out of bitcoin, owns some gorgeous yacht with bikini babes and relaxing in the sun in the Bahamas. :)

[Hitch]

Truly you can trade one fiction for another just as one illusion might cover another illusion. In the world of observation waves don't exist. They become particles instead. You can think of the wave as a fiction and the particle as reality but it was the observation that brought the particle into being.

When you purchase that mansion you are buying into the previous owner's illusion (or you are being infected with his delusion).

If I had a 1000 bitcoin, I'll just skip the philosophy and be happy with the trade for a mansion and acreage. I'm a simple guy, I'd be content with that.

[Neuro]

If I had a 1000 bitcoin, I'll just skip the philosophy and be happy with the trade for a mansion and acreage. I'm a simple guy, I'd be content with that.

But according to Palani the mansion is not real, unless you "buy" it with the $5 gold coin in his pocket, with which he does all his major "transactions" in life...

[Joshua01]

Seriously, BTC has the advantage now and certainly in the short term. I think the thing to remember that, as unlikely as it seems right now BTC can go south at any given moment. Gold is not that volatile. It's a comfort level for some people more than anything else.
But according to Palani the mansion is not real, unless you "buy" it with the $5 gold coin in his pocket, with which he does all his major "transactions" in life...

[Neuro]

Seriously, BTC has the advantage now and certainly in the short term. I think the thing to remember that, as unlikely as it seems right now BTC can go south at any given moment. Gold is not that volatile. It's a comfort level for some people more than anything else.

Litecoin is way more stable, despite Bitcoin reaching new heights, Litecoin has parked itself between $3.50-4.50.

Mostly I think it reacts to differences in the valuation of the dollar, the litecoin itself is completely stable, like a rock. If you think you have too much excitement in life, buy litecoin, it is more boring than watching paint dry. ;)

[palani]

the mansion is not real, unless you "buy" it with the $5 gold coin in his pocket, with which he does all his major "transactions" in life...
That $5 gold coin would be overkill. All it takes is one dollar in either gold or silver to engage in a contract. The remainder of the illusion may be entirely fiction. The one dollar is easiest provided in the form of a fox stamp which is uncancelled.

Nothing ever changes hands with fiction alone.

I suspect the 'manor' is never entirely real. True that a manor is the residence of a lord but the title of lord is an office and a manor is a trust. The terms township and manor are synonymous.


mansion (n.)
mid-14c., "chief residence of a lord," from Old French mansion "stay, permanent abode, house, habitation, home; mansion; state, situation" (13c.), from Latin mansionem (nominative mansio) "a staying, a remaining, night quarters, station," noun of action from past participle stem of manere "to stay, abide," from PIE *men- "to remain, wait for" (source also of Greek menein "to remain," Persian mandan "to remain"). Sense of "any large and stately house" is from 1510s. The word also was used in Middle English as "a stop or stage of a journey," hence probably astrological sense "temporary home" (late 14c.).


manor (n.)
late 13c., "mansion, habitation, country residence, principal house of an estate," from Anglo-French maner, Old French manoir "abode, home, dwelling place; manor" (12c.), noun use of maneir "to dwell," from Latin manere "to stay, abide," from PIE root *men- (3) "to remain" (see mansion). As a unit of territorial division in Britain and some American colonies (usually "land held in demesne by a lord, with tenants") it is attested from 1530s.

I find it interesting that there are plantations as well as townships in Maine.


Author Richard Walden Hale in The Story of Bar Harbor described the formation of a plantation as follows:

First came the survey, without which no settlement was legal. Land so surveyed was divided into 'townships,' which in New England means areas planned for development into full-fledged towns. Then certain proprietors--who might be a religious congregation, a group of speculators, or a group of would-be settlers--bought the 'township,' 'planted it' with settlers, and saw to it that land was reserved for a church and school. When enough settlers had been planted, limited self government was granted, and the township was raised in status to a 'plantation.' When the population of the 'plantation' should have grown large enough, another step forward was taken, the area received full civil rights, the full town organization came into force, and in those days one representative in the legislature or 'General Court' was automatically allotted to the new town.... Such a system still holds good in Maine.... To this day one can go thirty miles northeast of Bar Harbor and find, still unsettled, Township Number Seven, just back of Gouldsboro and Sullivan, and then go twenty miles southeast--in each case as the crow flies--and find Swan's Island Plantation, where to this day there is not enough population for the full complement of town officials.[1]

[Glass]

Stick a fork in it. Is BitCoin done? (http://www.zerohedge.com/news/2017-03-19/bitcoins-fork-road)
(zerohedge)

Should Bitcoin split?

Should an unlimited version of BitCoin be unleashed? Bit Coin Unlimited

BTC and BTU?

Wouldn't that just be creating a new fiat?
Could / Should BTU be backed by BTC?

I'm not really seeing the need.... other than some people have a lot of BTC's and others want them and can't get them. Seems to me it's not possible to either create out of thin air or steal them. Which is exactly the point of the way they were structured IMO.

And if they continue to appreciate, what is the problem with everyone else transacting with smaller and smaller fractions. Because they are not physical, their divide-ability should be "unlimited".

Seems like there is some resentment of people who have persisted with their speculation of them and their reluctance to part with them.

Is that a good thing or a bad thing? If the situation persists and BTU's are not realistic would BTC's loose favor with people causing them to move on or simply give up on this kind of digital currency. Ultimately causing current holders "some kind" of loss, real or imagined?

[Jewboo]

My biggest regret right now is not buying 1000 bitcoin back when SirGonzo420 told us all about it years ago, back when a BTC was a few bucks, less than one ounce of silver.



https://img.4plebs.org/boards/pol/image/1512/15/1512150221067.jpg
Somewhere is that one guy who bought and actually held all these years.

:D it ain't SirGonzo420