Bitcoin the Pizza money that turned into Gold+++

[valerb]

I find it kind of hard to imagine the poor guy who bought or mined tens of thousand Bitcoins for next to nothing a while back and thought it was cool or funny he was able to find a local pizza parlor willing to accept 10,000 Bitcoins in exchange for a large pizza.

How ironic if that same pizza parlor owner has hung onto those same 10,000 Bitcoins that reached a value of $100,000,000 Dollars today.

And what about the guy who owned that hundred million Dollars worth of Bitcoins that he paid for a single pizza.

I'm just so glad I can sit on the sideline and watch this unfold without any of the stress wondering when I should sell or wishing I had hung on to more of it a lot longer before unloading while worrying about when the market will find the edge of that cliff.

[silverheartbone]

I find it kind of hard to imagine the poor guy who bought or mined tens of thousand Bitcoins for next to nothing a while back and thought it was cool or funny he was able to find a local pizza parlor willing to accept 10,000 Bitcoins in exchange for a large pizza.

How ironic if that same pizza parlor owner has hung onto those same 10,000 Bitcoins that reached a value of $100,000,000 Dollars today.

And what about the guy who owned that hundred million Dollars worth of Bitcoins that he paid for a single pizza.

I'm just so glad I can sit on the sideline and watch this unfold without any of the stress wondering when I should sell or wishing I had hung on to more of it a lot longer before unloading while worrying about when the market will find the edge of that cliff.

That $90 that I attempted to invest in January would now be over $1000
Imagine trying to spend $100,000,000 in Bitcoin?
I can't see it.

But I do know why the picture of a Bitcoin looks the way that it does.



I believe that know where they'll attempt to put their winnings.

[valerb]

With your basement full of silver, you should hate kabbal silvercoin manipulation.

I got rid of that burden hidden in my house years ago and the stress that came with knowing it was exposed to theft, fire and tornado's.

Putting it in banks cost a lot more than hiding it in the house, but I haven't lost any sleep since I moved it.

Plus I'm not a believer in your Kabbal fantasies, especially regarding the commodities market.

But that doesn't mean I don't appreciate the way it's being handled to our disadvantage at times.

It is a casino game being played out in real time by real people from little guys up to major banks.

Plus it's not all that it's made out to be as one huge sacrifice of lambs being lead to the slaughter day after day, year after year.

You can't keep taking money from everyone forever and expect them to keep coming back over and over again and yet that's what some people like Teddy like to make everyone believe.

Naked shorts are so unfair, we can't overrun the casino with our margin plays that don't involve our needing to put up the actual cost for the real Silver we have no intention of buying.

I wonder just how many short contracts the small and large Speculators could actually take out if they had to put up 5,000 ounces of Silver to back each one and they have a boatload today??

These other people happen to possess 66,535 short contracts which would require them to cough up 332,675,000 ounces of Silver just to play at that casino, does anyone ever bitch about their naked shorts??

Oh and the Shorts of all kinds playing with naked short contracts have nothing on those playing with nothing backing their long contracts either.

But just for the record, these same innocent Small and large speculators happen to be holding 146,971 lets call them naked long contracts and be real about it.

And those naked long contracts are equivalent to 734,855,000 ounces of Silver or $12,492,535,000 at $17 an ounce.

That's $12.5 billion dollars being played by those little people with nothing backing them but naked long contracts.

Teddy are you listening to any of this as if you don't already know the truth and just like to ignore it for the sake of peddling your contract of service.

The reality in life at that casino from hell is, those poor little people that are being taken advantage of are the holders of more contracts than the commercial investors in total.

And the naked exposure those poor little people have exposed themselves to is equal to $18,148,010,000.

That's right, they are exposed to $18.1 billion Dollars in all directions.

Do you really believe they are not the problem versus the commercial investors.

Take away their ability to play with the big boys with next to nothing on margin and just how many open contracts do you think would be played today.

Think about that, put up the cash equivalent for 5,000 ounce in your account or put up the full 5,000 ounces in the COMEX vault to be able to play a short contract.

Now you have something to actually play with and not a lot of players, but brokers can't make any money selling a few contracts, they have to sell a boatload to make ends meet.

It's not a place to buy and sell Silver, it's a place to gamble and that's all it is and ever has been even if Teddy has just figured it out in the past ten years.

So while I'm on my reality soap box this morning, the same thing goes for all this happy horse crap about if the Long contract holders would only take delivery, the COMEX would collapse.

That is probably true if it was a simple as that, but there is always reality that seems to play a part.

Those big boys happen to also hold a sizable number of those long contracts themselves, so it's not as if it would all be going in one direction only.

I'd venture to bet those commercial gamblers would be able to come up with their 400 - 500 million ounces long before those little people could cough up their share.

So the real default would not be with the commercial banks as the SilverSellers like us to believe but with the small and large investors.

Not to mention the so called dwindling supply of above ground Silver after the difference between the amount produced and salvaged each year versus the amount taken off the market for investment and manufacturing. It's nothing compared to the excess Silver that's available and it's going to take forever to rid that excess supply with the difference the way its going today. Which will be long after I'm dead and gone unless something spectacular happens that would cause a true run on the Silver market and that will never happen in the retail market place unless people start buying 1,000 ounce bars. Although all these numbers could be a huge lie and there isn't any excess Silver above ground and the fairy tales will come true.

But none of this has anything to do with the Silver market going higher or lower in the near or distant future, it all depends of what kind of bug crawls up the small and large investors A$$ tomorrow to go long all the way at that casino from hell.

One thing has proven to be true over the past 20 years and that is no matter how many new stackers come into the market and take all the retail Silver that can be produced off the market, is hasn't made a dent in the over all supply or the price of Silver at that casino.

Silver is a very tiny market in the investment world and retail Silver is a very small amount of the Silver market.

So Bone hang on to your Mercury dimes and hope you can live to see a real run on Silver and don't expect to out live me. Not a lot of people your size live to be 90 years old or 80 for that matter.

I might not either, but my odds are better than yours, special pyramids or not...

[silverheartbone]

I got rid of that burden hidden in my house years ago and the stress that came with knowing it was exposed to theft, fire and tornado's.

Putting it in banks cost a lot more than hiding it in the house, but I haven't lost any sleep since I moved it.

Yeah right. I don't believe for a second after all the forum members that have advised you over the years of the dangers,
and all the YouTube videos warning against the practice, that you are that ignorant to actually leave your booty with the banksters.
If you don't control and can not get to it no matter what the situation, then it's really not yours.
When your bank has financial troubles, you may not be able to get to your stash.
A house fire won't hurt bullion silver.

That's $12.5 billion dollars being played by those little people with nothing backing them but naked long contracts.

Naked long contracts? WTF? Are you indicating that using Federal Reserve Notes is a fake way to buy?

[silverheartbone]

$11,315.00 Bitcoin price +$1,426.00 Since yesterday (USD) +14.42% Since yesterday (%)

One day very soon this will be real coin's percentage gains.

[silverheartbone]

In case you have forgotten what you typed....
http://forums.silverseek.com/showthr...-Deposit-Boxes

[valerb]

Yeah right. I don't believe for a second after all the forum members that have advised you over the years of the dangers,
and all the YouTube videos warning against the practice, that you are that ignorant to actually leave your booty with the banksters.
If you don't control and can not get to it no matter what the situation, then it's really not yours.
When your bank has financial troubles, you may not be able to get to your stash.
A house fire won't hurt bullion silver.


Naked long contracts? WTF? Are you indicating that using Federal Reserve Notes is a fake way to buy?

Not at all, as long as you have enough of those fake Federal notes to pay for a full contract and I'm talking about paying up front for the privilege of taking out a Long contract against a Short contract that is backed by 5,000 ounces of Silver in the COMEX warehouse and not a promise to fill that contract if you have to.

I don't care what other people do with their stash and most of those handing out advice probably don't really have that much to hide in the first place.

And then we had all those that like to bury their stash in the backyard and want to tell me my safe deposit boxes are not a safe place to store my goods from the government or bankers.

I haven't seen a bank go out of business yet and lock their customers out from their safe deposit boxes or bank accounts unless they exceeded their allotted FDIC amount.

But even then most banks still don't really go out of business they are just mysteriously absorbed into a new banking system over the weekend and on Monday morning they have a new sign out front with the same employees inside.

Your checks are still good and you can continue using them for some period of time and life goes on as usual.

My first bank in Georgia has been bought out by larger banking systems four times in the 27 years we have lived here and it's still some of the same employees.

But as I've said many times in the past, if I ever see the world going to hell and the banking system in jeopardy, I'll empty my stash and hide it somewhere else the hard way once again.

And no a fire does not keep my Silver safe even stashed in it's original fire proof safes if I happen to be up in Ohio or in Texas or over in Europe at the time.

No one is going to go fishing for my left over stash in the ashes for me, not knowing there is something to look for, but someone looking to loot anything they might find sure would.

That is if they could actually carry those bad boy's and assuming they are still intact, which I assume they would be, but that wouldn't stop someone from finding a way to open them in place and carrying off the contents at night.

There is something about home safes that do not really seem all that safe from someone that wants to enter them, but to actually carry one after it's been filled, that's where you need Paul Bunyan or the Hulk and it doesn't take a boatload of Silver to make one just to damn heavy to lift let alone try and carry it anywhere.

But thanks for your continued concern for my Bankster controlled stash, I'll try leaving it where it's at just as long as I can or hopefully until I can sell some of it for worthless Federal notes and trade more of it for some of those "becoming worth less" Gold one ounce rounds.

[silverheartbone]

Published yesterday.....
https://www.youtube.com/watch?v=iw-q5k5TIPA?t=20m18s

[valerb]

Published yesterday.....
https://www.youtube.com/watch?v=iw-q5k5TIPA?t=20m18s

that's not much of a guide for hiding Silver, it's easy to hide a stash of Gold.

Hiding 10 ounces here, 50 ounces there or even 100 ounces of Gold is not a problem at all.

Hiding 100 one ounce gold eagles is not the same as trying to hide 7,500 Silver eagles of the same cash value.

Just think about that ratio of 75 to 1 when your talking about hiding Gold versus Silver.

I don't know what the number would be, but I'm sure I could probably hide a million ASE's in my house by removing the drywall and stacking it up in there, but that would be insane and if I had the money to afford a million ASE's, I wouldn't be living in the same kind of house or needing to hide my Silver in the walls. But I'd still store it in a secure storage location and I wouldn't mind storing a large amount and hide it in my house as well and not be concerned about losing a major part of my life savings.

Guys always talk tough and think they can handle anything that comes their way when protecting their stash.

But think about a home invasion and someone knocking the crap out of your wife or daughter and do you think they could or would hold up in that kind of a situation when they are saying where are you hiding your money and things, even if they don't really know if you have any, they just pound the hell out of someone or rape them. Do you think they would be able to resist telling where your Silver stash is hidden versus trying to trick them into believing your false hidden decoy stash would work in a panic situation. When people are frightened and in fear of their life they will do just about anything to survive and that goes for a lot of those tough talking guys that would never reveal where their stash is hidden.

Or are you of the mind set, go ahead and rape that bit¢h, she doesn't know where I hide the Silver and I was thinking of trading her in anyway. That might be a believable scenario for the home invaders as long as you don't reveal your true feelings.

[valerb]

Did you see yesterday's action, with a wild ride that probably caused many brand new investor that just jumped into the market at the high at $11,400. To watch it drop almost $2,000 in value in less than 6 hours to wet their undies, and thinking, what in the hell did I get myself into!!! However it gained back some to rise to over $10,000 within a couple hours.