Search found 143 matches

by bitcoininthevp
Fri Dec 21, 2018 1:37 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

Gold is hard money, sure. But Bitcoin is even harder. I don't know where you are getting your drugs... but they are quality. Im open to hearing your viewpoints on the matter and even to educate myself. But seeing platitudes like this is not very useful for anyone. Ive explained why I think that gol...
by bitcoininthevp
Fri Dec 21, 2018 5:10 am
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

And none of that will mean anything when it is abandoned as being completely worthless. I agree that if Bitcoin is abandoned it will be largely worthless. Why do you think such a thing would happen? What would happen to cause scarce, hard to censor, hard to inflate, hard to confiscate, hard to coun...
by bitcoininthevp
Thu Dec 20, 2018 1:55 pm
Forum: Variable Portfolio Discussion
Topic: Tight Money Coming?
Replies: 4
Views: 1093

Tight Money Coming?

Would like to hear the PPers thoughts on the fact that $50b/mo of liquidity is being taken out of the money supply (fed rolling sheet) combined with the rate hikes. Do you think we are in for a period of tight money? "A period during which the growth of the supply of money in circulation slows down....
by bitcoininthevp
Thu Dec 20, 2018 1:43 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

boglerdude wrote:
Sat Sep 01, 2018 10:36 pm
Why is bitcoin going to remain the preferred coin
It has first mover advantage, the largest current market cap, the best developers, the most hashrate securing it, the largest ecosystem surrounding it, a clear purpose which it has delivered on (hard money), the best monetary policy.
by bitcoininthevp
Thu Dec 20, 2018 1:41 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

Yeah, unfortunately everyone has confused something that was meant to be a currency with an investment/speculation. Even the people running the project now! That is not correct. Bitcoin is becoming money. It needs to gain an insane amount of value per coin in order to become (global) money given it...
by bitcoininthevp
Thu Dec 20, 2018 1:38 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

Bitcoin is the greatest racket since someone started selling pet rocks. Of course when you bought a pet rock, you actually got... a rock. Care to elaborate? Do you encourage hard money, which Bitcoin is attempting to provide? If so, is your concern Bitcoin will not deliver on its promise of hard mo...
by bitcoininthevp
Thu Dec 20, 2018 1:34 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 56
Views: 9143

Re: Harry on Bitcoin

I think the glaring difference between Bitcoin and Gold Money is that gold is gold, but as we've seen, people have been coming out the woodworks with competing cryptocurrencies. There's a term for this that is escaping me at the moment. I can spin up a cryptocurrency tonight. That does not mean it ...
by bitcoininthevp
Thu Dec 20, 2018 1:26 pm
Forum: Other Discussions
Topic: How I Found Freedom
Replies: 10
Views: 2291

Re: How I Found Freedom

This audio course is spectacular. I listen every year for the last 5 years.
by bitcoininthevp
Tue Apr 03, 2018 8:27 pm
Forum: Variable Portfolio Discussion
Topic: Marc De Messel Portfolio
Replies: 20
Views: 6115

Re: Marc De Messel Portfolio

Thank you, I.L.M. I was talking about this with a former member of this forum. I did google & find one person on reddit who had the same problem, 9 words instead of 12. So, I guess I never lost the 3 words. Seems to be an error on the part of those who issued me the password. In other words, they o...
by bitcoininthevp
Tue Apr 03, 2018 8:20 pm
Forum: Other Discussions
Topic: JPMorgan Publishes The "Bitcoin Bible"
Replies: 2
Views: 1109

Re: JPMorgan Publishes The "Bitcoin Bible"

Is there a service which can send me email alerts as popular CCs hit price milestones, cross their moving averages, hit new 52 week highs/ lows, etc.? I dont use any such tool, so I cannot make a good recommendation here. Lots of tooling in the space. I see a bunch here: https://www.google.com/sear...
by bitcoininthevp
Thu Mar 01, 2018 4:00 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP going to hold up?
Replies: 115
Views: 23626

Re: Is the PP going to hold up?

In order to make outsized ('speculative' in the PP sense) gains you need to bet against what most people are saying. And then be right.

The contrarian in me: All these people hating on gold (and tangentially the PP)... gold is due for a rise.
by bitcoininthevp
Wed Feb 14, 2018 9:45 am
Forum: Permanent Portfolio Discussion
Topic: Is the PP going to hold up?
Replies: 115
Views: 23626

Re: Is the PP going to hold up?

I propose a portfolio which is a traditional permanent portfolio mix with a bitcoin variable portfolio sidecar. Hows: 24% gold 24% cash 24% stocks 24% long term bonds 4% bitcoin Turns out the back testing is amazing. Sure, the backtesting of that portfolio would be amazing at this point. It would b...