Bitcoin Bull run is on...

[letusbuyyourcar]

Exactly what I've been thinking all along.........But about the same for our currency, nothing backing it either except for the full faith and credit of the United States Government. Now when was the last time we ever bought something on our looks??

My other thing about crypto is who decides what it's worth and what is that value based on?

 

[CAMSDADDY]

The real money in gold and silver is the middleman. They buy and sell making 6% But turn their money 40 to 50 times per year. 6% x 50 = 300%....If Gold and Silver is so profitable then why would they buy 4% under spot and sell at 8 % over spot. Because the money is made on turns...not holding the stuff. Sure in the late 70s silver was 50.00 an ounce and they promote that. But see Hunt brothers.

This is gold/silver in a nutshell to me. I cant seem to buy because I just cant see where I can make any money by the time I pay to buy and pay to sell.