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<blockquote data-quote="findftp" data-source="post: 997730" data-attributes="member: 115630"><p>It was a not meant sarcastic, I was hoping for an educated discussion about bitcoins vs currency.</p><p>Since your job is fund manager you at least should know something about currencies or money in general.</p><p>I don't have a profession or education in financial topics and my english is also not good enough so I figured to sit on the sideline since there were other people debating more or less my opinion.</p><p> </p><p>The rest of your last post proves me right, you know way more than the average person. I should have added some emoticons to my post.</p><p> </p><p></p><p> </p><p>I think the last sentence hits the nail (dutch expression)</p><p>I think this is one of the main reasons why people run to alternative storage of value.</p><p> </p><p><a href="http://youtu.be/Osq1yxSFVG0?t=38m10s" target="_blank">Just take the gold smack down of april 12nd.</a></p><p><a href="http://youtu.be/Osq1yxSFVG0?t=38m10s" target="_blank">The *mathematical probability* of that event was 1 out of 4776 years.</a></p><p><a href="http://youtu.be/Osq1yxSFVG0?t=38m10s" target="_blank">If we include april 15th in this math, it expands to less than 1 out of 7 billion years.</a></p><p> </p><p>This is just one of <a href="http://www.zerohedge.com/news/2013-05-27/post-close-algo-acrobatics-send-gold-sliding-spiking" target="_blank">many facts </a>for me that proves banks are not to trust and I have to look for alternatives.</p><p> </p><p> </p><p>edit:</p><p>re-reading my previous post </p><p>I should have written 'your' instead of 'his' I guess.</p></blockquote><p></p>
[QUOTE="findftp, post: 997730, member: 115630"] It was a not meant sarcastic, I was hoping for an educated discussion about bitcoins vs currency. Since your job is fund manager you at least should know something about currencies or money in general. I don't have a profession or education in financial topics and my english is also not good enough so I figured to sit on the sideline since there were other people debating more or less my opinion. The rest of your last post proves me right, you know way more than the average person. I should have added some emoticons to my post. I think the last sentence hits the nail (dutch expression) I think this is one of the main reasons why people run to alternative storage of value. [URL='http://youtu.be/Osq1yxSFVG0?t=38m10s']Just take the gold smack down of april 12nd.[/URL] [URL='http://youtu.be/Osq1yxSFVG0?t=38m10s']The *mathematical probability* of that event was 1 out of 4776 years.[/URL] [URL='http://youtu.be/Osq1yxSFVG0?t=38m10s']If we include april 15th in this math, it expands to less than 1 out of 7 billion years.[/URL] This is just one of [URL='http://www.zerohedge.com/news/2013-05-27/post-close-algo-acrobatics-send-gold-sliding-spiking']many facts [/URL]for me that proves banks are not to trust and I have to look for alternatives. edit: re-reading my previous post I should have written 'your' instead of 'his' I guess. [/QUOTE]
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