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HighlandTiger

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Reputation Activity

  1. Like
    HighlandTiger got a reaction from Scuzzle in Why we don't own bitcoin   
    Like any type of commodity or currency there will be winners and losers. The cash to buy and sell these virtual coins has to come from somewhere. When it crashes, and it will crash, (maybe tomorrow, maybe next decade), there will be people who will have lost everything, because they were too slow to get their money out. Now anyone who has had any dealings with bitcoin and the exchanges will know whilst it is easy to swap cash for bitcoins, it is a fricking nightmare swapping them back into cash. Exchanges seem to suddenly go offline when you want to sell during big price swings. Now when it comes time for the big sell, I can guarantee that the rush to get out of bitcoin, will create so much action that exchanges will crash, selling will be almost impossible and by the time you manage to sell what you have the price will be on the floor. 
     
       
  2. Like
    HighlandTiger got a reaction from Scuzzle in Why we don't own bitcoin   
    Like any type of commodity or currency there will be winners and losers. The cash to buy and sell these virtual coins has to come from somewhere. When it crashes, and it will crash, (maybe tomorrow, maybe next decade), there will be people who will have lost everything, because they were too slow to get their money out. Now anyone who has had any dealings with bitcoin and the exchanges will know whilst it is easy to swap cash for bitcoins, it is a fricking nightmare swapping them back into cash. Exchanges seem to suddenly go offline when you want to sell during big price swings. Now when it comes time for the big sell, I can guarantee that the rush to get out of bitcoin, will create so much action that exchanges will crash, selling will be almost impossible and by the time you manage to sell what you have the price will be on the floor. 
     
       
  3. Like
    HighlandTiger got a reaction from Jordie in TopCashback - eBay 10% Today   
    I'd forgotten I had a topcashback account. Just found out I had £76 sitting there. That'll pay for a couple of Xmas pressies....
  4. Haha
    HighlandTiger got a reaction from Goldhooked in silver price by 2020   
    Hey I'm not pessimistic, just pissed..................lol
     
    Seriously though, I have lost not a single penny with all my gold, silver and bitcoin investments. I'm currently sitting with a nice stack of gold and silver and hairs width of bitcoin, worth today a grand or so more than I paid for them. Now when they go to the moon, and bitcoin passes Voyager 1, I should be able to buy a nice little Scottish castle and estate to retire in. 
  5. Haha
    HighlandTiger reacted to Kman in Why is it   
    It's just named the silverforum to trick people into joining before they're rightly converted to sovereigns 
  6. Like
    HighlandTiger reacted to Roy in Why we don't own bitcoin   
    It's like a different language! There's money to be made I'm sure but be careful guys. Hard to earn, easy to lose eh?
    mr dead did well out of it but he's a clever bugger who understands the technology.
    I'm sore because I can't do it. 'Bitcoin is ageist!' 
  7. Like
    HighlandTiger reacted to Scuzzle in Why we don't own bitcoin   
    Your wealth is not in the hads of others though, there is nothing wrong with the blockchain it's always the exchanges that are the weak link as it's them that can get hacked, shut down by the government etc. which is why you never keep your cryptos on the exchange you buy them then move them off the exchange and keep them in your own possesion on a hard wallet and you only move them back onto the exchange the instant you decide to sell.
     
    I would advise anyone who is sceptical just to put a small amount into the cryptos, something they could live with losing just to give them a bit of skin in the game and there is always the chance that you will increase your outlay massively.  There is a post on here from Highland Tiger who had £15 worth of Bitcoin he forgot about for a few years and it's gone up that much he's just bought 3x 1/10 gold coins which are around £105+ each these days.
  8. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Ok, yes I know I've been away from the forum for a while, (still into my pm's, but not buying much recently). Anyway with bitcoin going through the roof, I thought I'd double check if I had any left. I know i swapped some for some pm's a few years back, but I always had this nagging feeling that I had a few fractions of a coin left, maybe a few quids worth. Took me a while to sort out my blockchain account. Luckily, I'd written down some passwords, and thankfully they worked. Anyway I digress, turns out i have over £350 worth left.
    So what do i do now. Anyone got any recommendations, for gold sellers that take bitcoin, or how I can cashout this little windfall 
  9. Like
    HighlandTiger reacted to Thelonerangershorse in I forgot I had some bitcoins, now what do I do.....!   
    So some time mid January then....
  10. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Just ordered 3 x 1/10 Brits from Sharps Pixley. Now considering this morning I didn't even know I had some bitcoins, I'm happy to take the money and run. When I bought the bitcoin, I think in 2014, they were about £500 a coin, it's now gone to about £11k a coin. So these 3 x 1/10ths have cost me about  £15 in total. Hopefully I've dropped out at the top, but knowing my luck they'll hit £100K now
  11. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Ok, yes I know I've been away from the forum for a while, (still into my pm's, but not buying much recently). Anyway with bitcoin going through the roof, I thought I'd double check if I had any left. I know i swapped some for some pm's a few years back, but I always had this nagging feeling that I had a few fractions of a coin left, maybe a few quids worth. Took me a while to sort out my blockchain account. Luckily, I'd written down some passwords, and thankfully they worked. Anyway I digress, turns out i have over £350 worth left.
    So what do i do now. Anyone got any recommendations, for gold sellers that take bitcoin, or how I can cashout this little windfall 
  12. Like
    HighlandTiger got a reaction from JCRJM in I forgot I had some bitcoins, now what do I do.....!   
    Memory is a bit hazy, it was 2014, don't forget. According to my limited records. I think I only had about 65 pounds worth at the time (0.16 of a coin), it wasn't doing anything spectacular, and if I remember rightly, I may have swapped most of it for a couple of silver coins off a member here. Ok, if I'd kept it I'd have had about £1,500, but I'm happy with what I made out of that initial few quid spent.
     
    And I've still got 0.00030119 BTC left, so when it goes to £332 million a bit coin, I'll be a millionaire
  13. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Just ordered 3 x 1/10 Brits from Sharps Pixley. Now considering this morning I didn't even know I had some bitcoins, I'm happy to take the money and run. When I bought the bitcoin, I think in 2014, they were about £500 a coin, it's now gone to about £11k a coin. So these 3 x 1/10ths have cost me about  £15 in total. Hopefully I've dropped out at the top, but knowing my luck they'll hit £100K now
  14. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Just ordered 3 x 1/10 Brits from Sharps Pixley. Now considering this morning I didn't even know I had some bitcoins, I'm happy to take the money and run. When I bought the bitcoin, I think in 2014, they were about £500 a coin, it's now gone to about £11k a coin. So these 3 x 1/10ths have cost me about  £15 in total. Hopefully I've dropped out at the top, but knowing my luck they'll hit £100K now
  15. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Just ordered 3 x 1/10 Brits from Sharps Pixley. Now considering this morning I didn't even know I had some bitcoins, I'm happy to take the money and run. When I bought the bitcoin, I think in 2014, they were about £500 a coin, it's now gone to about £11k a coin. So these 3 x 1/10ths have cost me about  £15 in total. Hopefully I've dropped out at the top, but knowing my luck they'll hit £100K now
  16. Like
    HighlandTiger got a reaction from Kman in I forgot I had some bitcoins, now what do I do.....!   
    Ok, yes I know I've been away from the forum for a while, (still into my pm's, but not buying much recently). Anyway with bitcoin going through the roof, I thought I'd double check if I had any left. I know i swapped some for some pm's a few years back, but I always had this nagging feeling that I had a few fractions of a coin left, maybe a few quids worth. Took me a while to sort out my blockchain account. Luckily, I'd written down some passwords, and thankfully they worked. Anyway I digress, turns out i have over £350 worth left.
    So what do i do now. Anyone got any recommendations, for gold sellers that take bitcoin, or how I can cashout this little windfall 
  17. Like
    HighlandTiger got a reaction from shortstack in Tokelau Yellowfin Tuna Coin   
    I'm up for a getting involved with a group buy, if anyone is thinking of doing one.
  18. Haha
    HighlandTiger got a reaction from Jordie in Silver Deals.....   
    Ok, who bought them, they're all gone now 
  19. Like
    HighlandTiger got a reaction from Bullionbilly in Silver Deals.....   
    We have a running thread for gold deals but I havn't seen any for silver deals. (I suppose everyone is keeping those quiet for their own gains   )
     
    But I thought I'd start the ball rolling. Now normally I'd snap these deals up myself, but I'm skint at the moment with funds allocated elsewhere, but I thought one of you might take advantage.
     
    HGM, has 4 silver Brits for sale, for £70.24 delivered ( £17.56) each. They are advertised as 0.958 so the dates could be quite good. Is anyone going to snap them up in the hope that they might get a bargain.
     
    All yours guys. 
  20. Like
    HighlandTiger got a reaction from Jay2 in Gold sold - my lessons learned   
    Have to agree with Danny here. Especially with silver flatware. Even though I have a dealer who will process my flatware for around 95% to 98%. (he has a deal with someone else who buys from him at spot, but he won't tell me who ), Most Ebay auctions can result in sales of over spot even after fees etc. I've been monitoring the sales of silver flatware on ebay in recent days, and the ability to buy under spot is getting harder, (but still not impossible), most sales are getting at least 98% of spot, more if your ebay presentation of the item is good.  
    However most dealers for scrap silver will give you 88% of spot, and if you can buy at spot that is a 12% buy sell spread.
    As an example  STG do a buy back of coins over spot price but at about 20% - 25% less than the selling price, so double the buy sell spread of flatware if going down the buy from a dealer, sell to a dealer route. 
    But selling on ebay, you can make a profit selling bullion coins, but you do have to factor in getting stung by a dodgy buyer, getting your packing and postage costs right, and the time and effort putting your auctions up. Hint to everyone. Never throw away any packaging you receive. Save it all, even the torn envelopes. You'll be surprised how far  a 99p roll of brown packing tape will go.  
  21. Like
    HighlandTiger got a reaction from MrGeorge in hoping for a 50% return in a year   
    In the mean time actual fans can't get tickets and get ripped off by touts.

    Sorry but I despise all touts in whatever shape or form. (Have had many an argument outside Chelsea's ground with the scum).

    The sooner the bill is passed to make it illegal to sell tickets for above face value the better. (There is an amendment being added to a bill going through parliament as we speak to curb touting)


  22. Like
    HighlandTiger got a reaction from Jay2 in Gold sold - my lessons learned   
    Have to agree with Danny here. Especially with silver flatware. Even though I have a dealer who will process my flatware for around 95% to 98%. (he has a deal with someone else who buys from him at spot, but he won't tell me who ), Most Ebay auctions can result in sales of over spot even after fees etc. I've been monitoring the sales of silver flatware on ebay in recent days, and the ability to buy under spot is getting harder, (but still not impossible), most sales are getting at least 98% of spot, more if your ebay presentation of the item is good.  
    However most dealers for scrap silver will give you 88% of spot, and if you can buy at spot that is a 12% buy sell spread.
    As an example  STG do a buy back of coins over spot price but at about 20% - 25% less than the selling price, so double the buy sell spread of flatware if going down the buy from a dealer, sell to a dealer route. 
    But selling on ebay, you can make a profit selling bullion coins, but you do have to factor in getting stung by a dodgy buyer, getting your packing and postage costs right, and the time and effort putting your auctions up. Hint to everyone. Never throw away any packaging you receive. Save it all, even the torn envelopes. You'll be surprised how far  a 99p roll of brown packing tape will go.  
  23. Like
    HighlandTiger got a reaction from jayboat in I am leaving the world of Silver Stacking..............   
    ............well almost 
     
    I've been reviewing the reasons why I got into PM's in the first place, and it seems I've let the lure of silver "profits" cloud my judgement.
     
    The reason I'm buying PM's is that all my life I've been crap at saving, or put another way I've been absolutely brilliant at spending, (mostly on the kids, grandkids and my various collections), but with 15 or so years to retirement and only a couple of tiny pension pots to my name, I had to do something.
     
    I needed something where I could satisfy my spending urges whilst saving at the same time, and PM's seemed to be the ideal answer. The problem for me though is not the buying of the PM's and waiting 10 or 15 years for them to "mature", its the exit strategy. And this is where I am having a problem with Silver. Selling it is going to be a nightmare. You have two choices, you can haul it down to the local bullion dealer in a wheelbarrow, and get a lot less than spot, (but you'll need Silver to almost double in price to make a profit that way) or sell to other collectors or stackers, through forums or ebay. Which means going through the rigmarole of advertising, and packing the items and going to the Post offfice etc etc etc. And it will usually be a small number of items at a time.
     
    Now Gold on the other hand, seems to fit my "needs" perfectly. I can get it for about 5% or 6% over spot delivered, sometimes a lot less. Rather than the 15% to 50% that silver costs over spot even at STG. Meaning I need only a small rise in the price of gold to ensure my "savings" make a little extra. I need 1/70th of the space to store my gold, whether it be at home, work or in a safety deposit box, than I would need for silver.
     
    Selling it is a piece of cake. Plenty of places will buy for spot price, and all it needs is a phone call or email, and pop a couple of coins in an envelope and by the next day you've money in you bank.
     
    Whilst I still will buy a small amount of silver every year, I think the bulk of my money will be ploughed into gold.
     
    Sovereigns here I come. ......................I'm officially a gold bug now....
     

  24. Like
  25. Like
    HighlandTiger got a reaction from Bullionbilly in Silver Deals.....   
    We have a running thread for gold deals but I havn't seen any for silver deals. (I suppose everyone is keeping those quiet for their own gains   )
     
    But I thought I'd start the ball rolling. Now normally I'd snap these deals up myself, but I'm skint at the moment with funds allocated elsewhere, but I thought one of you might take advantage.
     
    HGM, has 4 silver Brits for sale, for £70.24 delivered ( £17.56) each. They are advertised as 0.958 so the dates could be quite good. Is anyone going to snap them up in the hope that they might get a bargain.
     
    All yours guys.