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Nebuchadnezzar

06/21/21 9:28 PM

#18096 RE: JohnCM #18089

Gold does have real life applications, is rare, and does not lose any properties when melted down. It has also been used as "money" for thousands of years. GOLD will always have WORTH

You cannot mine BITCOIN without GOLD ;)



Do graphics cards have gold?
Yes, but not nearly as much as they used to. Gold is still used in contacts and pins, but only as an atoms-thick plating.Apr 12, 2020
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Benwahsauce

06/22/21 3:43 PM

#18259 RE: JohnCM #18089

gold has purpose besides a shiny rock,

Jewelry electronics etc….

Most of the coins (not all) have no other means of producing a income nor have underlying value besides what the last seller and buyer agree upon.

There isn’t even liquidation value on those pieces of data….

It also seems from the open book trading that there has been a lot of propping going on with a lot of them.

Only a few are going to survive this onslaught and I hate to say it I’ve got money in a couple….

this one was a good trade on the way up

But on the way down it’s a gamble