Search found 160 matches

by bitcoininthevp
Wed Jul 08, 2020 10:28 am
Forum: Permanent Portfolio Discussion
Topic: The Elephant in the room: How should we prepare for the collapse of the US?
Replies: 24
Views: 946

Re: The Elephant in the room: How should we prepare for the collapse of the US?

I think that guns, passport, bitcoin, increased physical gold allocation, increasing your digital privacy, land, upping self sufficiency skills (gardening, etc) and overall vigilance are good "variable portfolio" ideas here. I think trying to invest international or changing %s of the PP is a really...
by bitcoininthevp
Wed Jul 08, 2020 10:12 am
Forum: Gold
Topic: A Boat I (Gladly) Missed
Replies: 6
Views: 230

Re: A Boat I (Gladly) Missed

But didn’t it promise more transactions and clean energy! /s
by bitcoininthevp
Sun Jul 05, 2020 1:50 pm
Forum: Cash
Topic: New Ray Dalio piece
Replies: 16
Views: 1209

Re: New Ray Dalio piece

Mathjak touches upon one of my reservations about Bitcoin that I don't have about gold. Sure, gold and bitcoin have a lot of the same properties, but the difference is that gold (and silver) are proven as being timeless with thousands of years of history to back them up. That history is worth somet...
by bitcoininthevp
Fri Jul 03, 2020 2:09 pm
Forum: Permanent Portfolio Discussion
Topic: New Permanent Portfolio book: "Investing Equanimity"
Replies: 37
Views: 1812

Re: New Permanent Portfolio book: "Investing Equanimity"

Im really excited about this. Thanks for writing it. In queue.
by bitcoininthevp
Fri Jul 03, 2020 2:05 pm
Forum: Cash
Topic: New Ray Dalio piece
Replies: 16
Views: 1209

Re: New Ray Dalio piece

No. Bitcoin is a figment of the technological imagination that is and has been easily manipulated by organized crime, has no intrinsic value, and is purely speculative in nature. It performs none of the functions expected of gold. "Bitcoin is a figment of the technological imagination" This has no ...
by bitcoininthevp
Fri Jul 03, 2020 1:43 pm
Forum: Other Discussions
Topic: Gold vs bitcoin...or both
Replies: 9
Views: 557

Re: Gold vs bitcoin...or both

Bitcoin's inflation resistant, seizure resistant, and digital properties are all advantages given the uncertainty that is happening in the world today. It has a huge price upside if much of this continues and worsens. But remember that is a speculation. A bug could be found tomorrow which tanks the ...
by bitcoininthevp
Sat Mar 28, 2020 5:13 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 30
Views: 1596

Re: Bitcoin in the PP?

I agree with your points. And welcome to the forum! (sorry the others gave such a harsh welcome) Blockchains are terribly inefficient. The only time youd use one is if the decentralization/censorship resistance that you require absolutely necessitate it. A group of companies working together can for...
by bitcoininthevp
Fri Mar 27, 2020 8:21 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 30
Views: 1596

Re: Bitcoin in the PP?

feel free to ignore my messages on this topic Ill ignore what has no value. Like your one line beanie baby posts that are a waste of electrons. I dont mind criticisms, discussions, or arguments as perhaps one of us learns something. Blockchain in general has the potential of revolutionizing commerc...
by bitcoininthevp
Fri Mar 27, 2020 7:46 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 30
Views: 1596

Re: Bitcoin in the PP?

I'd rather add Beanie Babies to the PP. Still waiting for an intellectual criticism from you. Every thread on Bitcoin you spin the wheel-of-bitcoin-attempted-insults-from-2013 and pull out tulips or beanie babies or some nonsense without adding any value to the thread. Reminds me of close-minded Bo...
by bitcoininthevp
Fri Mar 27, 2020 7:40 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 30
Views: 1596

Re: Bitcoin in the PP?

I am honestly curious what the thought process of the risk/reward ratio is of putting 0.5%-1.0% bitcoin in one's portfolio? Well, I for one think it's a very good idea. The PP provides for this, in some sense. Besides the Permanent Portfolio, it's advised to keep a VP = Variable Portfolio, if you w...
by bitcoininthevp
Fri Mar 27, 2020 7:32 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 30
Views: 1596

Re: Bitcoin in the PP?

Did someone flash the Bitcoin signal in the sky?! I proposed a version of the PP with 24/24/24/24/4 allocation (with 4% being in Bitcoin). But it is really more for fun and also the same as a normal PP with a Bitcoin sidecar in the VP. Im a huge long term Bitcoin bull, but the only way it makes any ...
by bitcoininthevp
Mon Mar 23, 2020 8:56 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin loses half of its value in two-day plunge
Replies: 12
Views: 1227

Re: Bitcoin loses half of its value in two-day plunge

GLD is currently down not quite 2% YTD, Bitcoin is down about 17% YTD. Not a surprise that the smaller more speculative asset gets hit more. Not so much informative about YTD numbers. More curious as to how gold and bitcoin will behave moving through this crisis, which seems to be deflationary, and...