Search found 199 matches
- Sun May 21, 2017 9:03 pm
- Forum: Other Discussions
- Topic: Bitcoin Costs More than Gold?
- Replies: 109
- Views: 43805
Re: Bitcoin Costs More than Gold?
I am happy to answer any specific questions that anyone has about bitcoin. In this thread or PM if youd like. A common misconception that I see in this thread is an overemphasis on "bitcoin isnt 'accepted' many places". Bitcoin is definitely a payment network, dont get me wrong. But bitcoin is more ...
- Thu May 18, 2017 4:20 pm
- Forum: Permanent Portfolio Discussion
- Topic: An Alternative Explanation for the Permanent Portfolio
- Replies: 12
- Views: 7037
Re: An Alternative Explanation for the Permanent Portfolio
I believe the gold portion of your post is how Harry believed it as well in some of his radio shows. Gold as the world's second favorite money next to USD. People go to gold during uncertainty and gold doesn't necessarily follow inflation except when inflation numbers are high.
- Sun Jan 01, 2017 6:03 pm
- Forum: Permanent Portfolio Discussion
- Topic: IMPORTANT: PP FORUM *NOT* GOING AWAY
- Replies: 48
- Views: 17843
Re: IMPORTANT: PP FORUM GOING AWAY
Ive posted before, but maybe it is worth another try for a Slack group.
https://permanentportfolio.slack.com
You can signup here:
https://permanentportfolioslack.herokuapp.com/
Not a forum style with threads but can have a room for gold/bonds/etc
https://permanentportfolio.slack.com
You can signup here:
https://permanentportfolioslack.herokuapp.com/
Not a forum style with threads but can have a room for gold/bonds/etc
- Tue Nov 08, 2016 3:06 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
Dont buy all the BTC at once, MG, youll drive the price up.
- Tue Nov 08, 2016 2:49 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
I do think that given the hasing power and electricity used that in combination with regular difficulty increases and a fixed amount of Bitcoins to be mined, one could arrive at a fair value estimate. Have you seen anyone attempt to do this? The amount of money people are putting into the hashing p...
- Tue Nov 08, 2016 7:05 am
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
So bitcoin is not a _buy_ for MG then? 

- Mon Nov 07, 2016 7:37 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
I was referring to all of the me-too cryptocurrencies that don't offer anything that Bitcon doesn't (well other than a fancy name), i.e. Litecoin. "Me too" vs actual innovation is all subjective, I guess. Zcash adds to fungibility. Litecoin adds faster confirmation times and a different mining algo...
- Mon Nov 07, 2016 6:44 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
Perfectly reasonable stance:Jack Jones wrote:I started following it around the $10/BTC mark. I considered buying some back then, but it seemed like a bad place to invest my money, and it still does.
Rule #9: Don't ever do anything you don't understand.
- Mon Nov 07, 2016 6:42 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
I grow increasingly skeptical any of the me-too alternative currencies will be major players judging by their xxx/USD value, but ZeroCash is truly anonymous and just launched. I suspect going forward that the emphasis will be less on being a cryptocurrency and more on the specific benefit they prov...
- Tue Oct 25, 2016 8:00 am
- Forum: Permanent Portfolio Discussion
- Topic: Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis
- Replies: 10
- Views: 5070
Re: Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis
What I tell myself to make myself comfortable with bank storage is that the gold is for re-establishing myself after the panic is over, which may be months down the road, when the banks presumably will have to re-open. The gold won't be much use during the panic itself. What you want during the pan...
- Thu Oct 06, 2016 4:52 pm
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
I think fungibility is the biggest concern and should be the biggest effort in the coming years.
Coinjoin, MimbleWimble, Confidential Transactions, Ring Sigs, Zerocash.
All ideas being tossed around to solve the fungibility problem. There is hope on this front.
Coinjoin, MimbleWimble, Confidential Transactions, Ring Sigs, Zerocash.
All ideas being tossed around to solve the fungibility problem. There is hope on this front.
- Mon Sep 26, 2016 8:32 am
- Forum: Variable Portfolio Discussion
- Topic: Bitcoin Mining
- Replies: 51
- Views: 19707
Re: Bitcoin Mining
I think sidechains will address the "bitcoin doesnt have any new features" concern.
I think that lightning network will address the "bitcoin cannot scale beyond 3 transactions per second" concern.
I think that lightning network will address the "bitcoin cannot scale beyond 3 transactions per second" concern.