People Trust Cryptocurrencies over Gold, Says Wall Street - /biz/ - Business & Finance

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Anonymous
People Trust Cryptocurrencies over Gold, Says Wall Street 2017-07-20 05:24:54 Post No. 2833051
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People Trust Cryptocurrencies over Gold, Says Wall Street Anonymous 2017-07-20 05:24:54 Post No. 2833051 [Report]

Anonymous 2017-07-20 05:26:22 Post No.2833065
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Anonymous 2017-07-20 05:26:22 Post No.2833065 [Report]

>>2833051
>over gold
>substitute for gold
>rather than gold
>sell it for gold

Getting so fucking sick of this shit. These "experts" seam to forget the word, DIVERSIFICATION, anytime bitcoin is the subject.

Anonymous 2017-07-20 05:39:20 Post No.2833155
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Anonymous 2017-07-20 05:39:20 Post No.2833155 [Report]

Imagine Coinbase.

Now imagine coinbase charging a 30% markup

Add on a $50 flat rate fee to deliver it to you

Now you have to hide it somewhere and hope that your grandchildren don't steal it

You literally can't buy anything with it

Smallest denomination is $1000 ++

The government also stamps it saying it's their property and they can seize it at any time, or simply make it illegal to use.

That's gold

Anonymous 2017-07-20 05:43:17 Post No.2833181
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Anonymous 2017-07-20 05:43:17 Post No.2833181 [Report]

>>2833155
wtf I hate gold now

Anonymous 2017-07-20 05:47:58 Post No.2833221
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Anonymous 2017-07-20 05:47:58 Post No.2833221 [Report]

>>2833155

>Smallest denomination is $1000 ++

You can buy gold by the gram.

You can buy 1/10 oz coins from the us mint.

http://www.apmex.com/product/102258/2017-1-10-oz-gold-american-eagle-bu

Anonymous 2017-07-20 05:48:19 Post No.2833223
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Anonymous 2017-07-20 05:48:19 Post No.2833223 [Report]

>>2833155
I get my gold delivered for free and have 1/10 ounce coins that I bought for around $100