Karatbars is not a scam/scheme/whatever

Started by Taysby, June 18, 2014, 02:15:09 PM

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5/9 Turtle

Quote from: Taysby on June 18, 2014, 08:34:49 PM
You could buy a lump of not 999.9 pure gold that hasn't been processed, certified

I think it's impossible to have 999.9% pure gold unless gold has some weird percentage.

TreeSmoker




Gold, just like paper money, doesn't have intrinsic value. Just like paper money, gold's value is derived from what the gold represents; buying power, piece of mind etc. You say that gold has never not been worth something, but in the history of man that is obviously false.  Gold only has the value that people ascribe to it. In terms of it being a precious metal, it has value for computers and various other materials, but most of that can be supplemented by other materials like silver.
I am not saying gold has no value. I am saying its value is determined the exact same way that paper money's value is determined: supply and demand. You cannot definitively say that gold will always have value because you do not know that. 

edit: all these quotes got my statement confused. if any mod or anyone can separate my statement from taysbys quote that would be awesome. thanks.


There you go particle

Rass

Quote from: TreeSmoker on June 18, 2014, 08:37:00 PM
Provide us 100 links that people are 100% satisfied with this scam

Sorry man but that's just silly.

TreeSmoker

Then shut up about it and accept the fact people think its a scam until you provide all of that.

Rass

Quote from: Taysby on June 18, 2014, 08:44:05 PM
Quote from: TreeSmoker on June 18, 2014, 08:37:00 PM
Provide us 100 links that people are 100% satisfied with this business
Can't do that tonight, but I will soon.

That's silly too

TreeSmoker

100 links with 100% happiness from consumers isn't silly at all. It makes taysby point valuable.

particle

Quote from: TreeSmoker on June 18, 2014, 08:40:40 PM



Gold, just like paper money, doesn't have intrinsic value. Just like paper money, gold's value is derived from what the gold represents; buying power, piece of mind etc. You say that gold has never not been worth something, but in the history of man that is obviously false.  Gold only has the value that people ascribe to it. In terms of it being a precious metal, it has value for computers and various other materials, but most of that can be supplemented by other materials like silver.
I am not saying gold has no value. I am saying its value is determined the exact same way that paper money's value is determined: supply and demand. You cannot definitively say that gold will always have value because you do not know that. 

edit: all these quotes got my statement confused. if any mod or anyone can separate my statement from taysbys quote that would be awesome. thanks.


There you go particle

Thanks homie!! ill delete my post.

Rass

Quote from: particle on June 18, 2014, 08:47:31 PM
Quote from: TreeSmoker on June 18, 2014, 08:40:40 PM



Gold, just like paper money, doesn't have intrinsic value. Just like paper money, gold's value is derived from what the gold represents; buying power, piece of mind etc. You say that gold has never not been worth something, but in the history of man that is obviously false.  Gold only has the value that people ascribe to it. In terms of it being a precious metal, it has value for computers and various other materials, but most of that can be supplemented by other materials like silver.
I am not saying gold has no value. I am saying its value is determined the exact same way that paper money's value is determined: supply and demand. You cannot definitively say that gold will always have value because you do not know that. 

edit: all these quotes got my statement confused. if any mod or anyone can separate my statement from taysbys quote that would be awesome. thanks.


There you go particle

Thanks homie!! ill delete my post.

No need too

Rass

Quote from: TreeSmoker on June 18, 2014, 08:47:12 PM
100 links with 100% happiness from consumers isn't silly at all. It makes taysby point valuable.

Not really they can have 100 happy members. Because to be a member you also have to be a consumer. If he gives a link from the bbc pbs Forbes or another credited site that is not affiliated that would make sense. Also it's hard to find people to say its a scam because they can then be sued  for slander. Look at Bernie Madoff. He wasn't found out for many years after he scammed people.

particle

gonna stop quoting cause i screwed that up so much. but first of all, saying gold has always had value is different from what you amended to that gold has always had value since humans had bartering systems. In fact, the first barter systems, people used much less "valuable" things like seashells. For a long time, salt was the most precious commodity on earth. Please can we have a link that shows gold has had "value" for the last 10000 years.  Gold can fail just like anything else.

Rass

Quote from: Taysby on June 18, 2014, 09:21:34 PM

The only problem with that, is it's relatively new to the us, so there are very few people active in the us, therefore, cnn and Forbes, and those people haven't done reports yet.

This is also a problem to prove its a scam being too new. Even if you know it's a scam you can't just stop it until it rips someone off.

Look at the police and drug dealing. They know someone is a dealer. They can't just stop him without have probable cause.

Rass

Quote from: Taysby on June 18, 2014, 09:28:41 PM
Heres a thing that says the buying power stays the same or goes up a little.  The fluctuations can be explained by people speculating and buying and selling in insanely large amounts.  But even with that, the buying power generally stays the same.
http://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Gold-nominal-constant-usd.svg/2307px-Gold-nominal-constant-usd.svg.png

That link means nothing. Look at the price of anything. It goes up. Look at houses, cars, land, milk,  peoples income.

Xaol

Quote from: Rass on June 18, 2014, 09:53:36 PM
Quote from: Taysby on June 18, 2014, 09:28:41 PM
Heres a thing that says the buying power stays the same or goes up a little.  The fluctuations can be explained by people speculating and buying and selling in insanely large amounts.  But even with that, the buying power generally stays the same.
http://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Gold-nominal-constant-usd.svg/2307px-Gold-nominal-constant-usd.svg.png

That link means nothing. Look at the price of anything. It goes up. Look at houses, cars, land, milk,  peoples income.
Inflation, no?

I would be hesitant to sink my money into gold. Money I can spend on things- gold has to be translated back to money to become useful anywas, right?

Distriimuir

Check out the site ripoffreport.com, it has shed light on quite a few scam companies. There are hundreds of people on their giving their real life stories involving kbar. Once you've done that try and say this isn't a scam. No one wants anything to do with it. And an fyi the FBI is checking in on this company, with the help of Germany. Hmm kinda seems like they aren't backed by their own country.

InfinitiveDivinity

"This is not a scam, look they're using real facts! Buy gold so I can get commission!!"