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PhilOdgny

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Posts posted by PhilOdgny

  1. On 29/03/2024 at 22:33, NGMD said:

    Just had to pick some up. That format of 2oz Cast Coloured bars is very popular. 

    Hi, where did you order from?  I can see it on Powercoin's website but is there a UK seller?  The artwork for the rest of the series is, IMHO even better than this first one so I am tempted to collect these.

  2. If the price of gold goes up it becomes profitable to mine more of it so more gets mined.  As the supply increases so the price comes down.

    It is VERY different with Bitcoin as the supply is mathematically controlled and there is also a finite limit of 21 million bitcoin.  Miners earn a certain rate in bitcoin for their work validating the blockchain and every four years the rate is halved.  The next "halvening" is not long now in the future and usually triggers a bullrun, though some would argue the bullrun has been here for a while.

    The smart money will ride the BTC price up through the bullrun and then sell near the top, probably putting the profits back into something like gold again.  Alternatively, you can hodl BTC for the long term and the returns are much higher than for gold.

    https://charts.woobull.com/bitcoin-vs-gold/

  3. I'd be more worried about the other people nearby overhearing when it should be none of their business ... especially at a local PO where it could be people that know who you are or where you live 🤪

    It's like in the pharmacy when they want you to state your name and address in front of all the other customers ... these days I just hand them my photocard driving licence to read it (silently!) from.  Maybe I'm too paranoid 😂

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