TRADED ALL MY BTC FOR SILVER.

in bitcoin •  8 years ago 


Yeah I know i'm a traitor. but you know what I don't care. The whole atmosphere of BTC I am not liking. 'm not worried about my decision. I can buy back after the first if I want to. I have a feeling I wont' be missing out on much. I have very little funds in any of my btc wallets now. I took my gains and walked away. I have to be realistic with he diversification I have. I know BTC is not going to make me a millionaire. I'm not going to be driving around in a Lamborghini in the next 20 years because of it. I liked how there are only a certain amount of coins available. Now they could possibly split the chain and double that? Not cool. Silver and Gold don't do that no matter how manipulated they are. You can't lie when you run out of it. The speed of btc is so slow compared to visa transactions. On top of all that vendors that accept bitcoin don't even really accept bitcoin directly. Its not even up for debate. I made a decision to get rid of btc right now and I am happy with my decision. Leave your opinion whatever doesn't really matter I left mine. time is the only thing that will tell If I made the right call.

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Ain't nothing wrong with having a little bit of both!

I love silver, keep on stackin!!

Thanks friend that makes two of us.

@danielownsall I think VeriumReserve is the "silver" of the cryptoverse. The coin is set up to be what Ethereum is going to try to attempt (PoW/PoS hyrid, with an attempt to appeal to both value creation and transaction utility). When other cryptos were seeing 2000% increases, it was pretty stable. And with the exception of the latest blood bath, it could have fared much worse.

I liked the start "Yeah I know i'm a traitor", lol.

Interesting point of view. Here is my take on the same situation. Please read.

https://steemit.com/bitcoin/@alt.life/red-wedding-bitcoin-is-over-already

Delegated proof of stake does a good job of solving your transaction speed and network consensus issues. Maybe a dfferent cryptocurrency is what you want instead of silver.

have fun loosing all ur money! silver will keep going down, bitcoin going up

Well see I bet you I'll be able to buy back my btc after the first for cheaper then $1400

I kind of have no choice to make that bet I already put my money on it.

The gold and silver market is currently being artifically suppressed. It will go up: it's only a matter of time. The primary role of precious metals is to preserve wealth.