Crypto Bloodbath!!! ...yawn, time to go to work.

in #steemsilvergold6 years ago (edited)

Hiya Stackerz!

Just saying hi before i drift off into a pizza coma...

I resteemed an article today by @generation.easy because he basically wrote the article i wanted to -- about how it “might” be smart to convert some metal into crypto now — as he, and i, were buying metal with crypto when it was flying high 6 months ago.

For some this may sound horrific. And they will ask: how can you trust crypto, or, are you mad to sell your metal at this price? And i will just say it now: it hurts me to sell ounces when the price is so low! But let’s think about it for a sec... the prices were basically the same 6 months ago for metals, but btc was sailing! And i was buying lotsa metal then. So math would instruct, that if i can buy back crypto with less metal, then i am going up. It’s just another ratio with the sole intention of, ultimately, getting more gold!

So after reading g.e, and @buggedout, and @raybrockman, i hatched a plan.

8A0DB944-362B-45FB-80FD-351ACB084F7D.jpeg

I put 50 x random year SML’s together and went and sold ‘em for $1,116 Cad. I pocketed the $116 and went and stuffed a grand into a bitcoin ATM. With the fresh btc i went on a mini-buying spree and larded up my wallets and exchange accounts. Already i am seeing action! ...and i can feel that stackitus cryptopicus beging to rage!

Because of the way i trade and spend it will be somewhat difficult to chart these particular purchases, but there is always “transaction history” if ya’ wanna’ get all psycho with it...

I suspect we haven’t seen the bottom of btc yet this cycle, but if it drops more then i will buy more! As much as i am a total PM enthusiast i cannot help but to be interested in the potential gains that may be occurring in the next 6 months in the "crypto-sphere."

It is an absolute bloody mess out there, so surely a time to buy.

Leon knows what’s what!

001591EA-4A24-4814-B424-8C433833356A.jpeg

D856580A-DAEC-414F-A754-809432C80525.jpeg

...think i’m gonna’ take him by the Casino too! (...ha! Totally kidding!)

Cheers! from @thedamus
🤑🤑🤑🤑🤑🤑🤑🤑🤑

9E3EEFCE-705B-4601-A0FD-A39FBFF9582F.png

Sort:  

Thank you for your continued support of SteemSilverGold

Apologies for crooked photos, wtf Steemit?

yeah i have been noticing that as well...wtf steemit???

A-holes... 🤣🤣🤣

Blood in the street = time to buy... Damn that bitcoinAtm better work today.
Everyone smiling at crypto price is time to spend that crypto and get silver..

Very sound plan big man. No one bat's an eyelid when people flip gold/silver when the ratio suits, so why not silver/crypto??

Think I might break open the piggy-bank and load up on some crypto myself. 🍆🍆

Exactly this⬆️

Crypto fever.....got it👍

Yeah you do!!! 😁😜🤣🤑🤑🤑😎⚡️🍆🕺

Sigh...I know what you mean about the metals v. crypto. I've got my eye on a few one ounce gold pieces but I keep talking myself out of buying them, thinking that I would be better off investing in crypto. Although, if I keep taking a beating like I have been recently in the market, I may just say FAK IT and buy the gold.

The gold will never let you down, but the crypto might buy you 3+ ounces of gold... beats my ass too ⚡️😜👍

I am hoping that it will be a killer year for steem too! Higher highs than last year.

Steem is a steal right now imho.

Yes! Now is buy time in cryptoland!👍

A few years back someone was making wooden BTC tokens that were engraved with an address.

Why not make crypto tokens out of silver?

There’s no need for that except for novelty. Crypto “tokens” need not be physical, and a single ounce of silver would make up a miniscule fraction of what 1 btc is worth. However, a .999 bitcoin with private key would be pretty cool — Cassassius (or something like that) did it backnin the early days but making them “physical” took away much of their efficiency and ease of transacting.

I been meaning grab some more crypto during the blood bath but I'd rather burn fiat on it. It has been nice that silver has been mostly stable lately though.

One way or the other, it seems like a good time to acquire coins cheap.

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70638.80
ETH 3565.34
USDT 1.00
SBD 4.73