121
General Discussion / Re: An open letter to Tonyk
« on: September 27, 2014, 06:10:59 pm »https://bitsharestalk.org/index.php?topic=9333.msg121407#msg121407
He asked a question that could show you that gold is only volatile in terms of $ value .. not in terms of bitGLD value .. he wanted to point you towards the right direction such that you can figure it out your self .. don't take anything tony says personally .. (I made that error too)
Then I pointed out that gold is highly volatile in BUYING POWER, not just in terms of $ value. That is a fact. Go look it up if you don't know that already. His response to that was to imply that I was an idiot, say he was "done with" me, and leave the conversation:
https://bitsharestalk.org/index.php?topic=9333.msg121447#msg121447
Someone who engages in ad hominem attacks and ends conversations whenever the FACTS don't agree with his ideology is an idiot.
Fussyhands,
The statement: "the buying power of gold is highly volatile" is a subjective statement rather than a "FACT". When you use words like "highly" "extremely" you are making a subjective judgment and these statements must be considered in context. In the context of the discussion taking place about altcoin cryptocurrencies I think it is fair to say that the buying power you can expect from gold is significantly less volatile and more predictable than the buying power you can expect from most altcoins. Rather than present the statement as incontrovertible fact, perhaps if you explained more specifically what "highly volatile" means to you there would be opportunity for agreement.