Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Buy on rumor, sell on news. I just bought a little bit of gold with some satoshi. Not much, but I was bored looking at the silver bullion coins that I bought a few weeks ago. Now with my bullion holdings, I'll be able to buy a month worth of cigarettes if financial collapse happens. 
You should also get some 90% junk silver coins if you don't already have some. In a worst case SHTF scenario, would be great for barter.
In such scenario you better stock up cans of food, guns, ammo, gas, and any other useful stuff. There will be plenty of people trying to exchange their useless jewels for real stuff.
"Money" in any form is ONLY usefull when there is excedent of resources.
If you have a gun, why food? There a plenty of stray cats, squirrels. rabbits, coyotes, beaver, etc near the creek. I'm sure that I can find plenty of plant stuff to eat in the woods.
ammo will be limited in such scenario.
YOu can find plenty of plants to eat RIGHT NOW. When there are millions of people doing the same.... good luck finding any first.
People doesn't realise how bad such a scenario would be. They just think it would be same as if they did it RIGHT NOW. No.... you would be competing with thousand of millions people doing the same. Horrible.