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Topic: 1 BTC = 1 oz GOLD (Read 1460 times)

hero member
Activity: 683
Merit: 500
November 28, 2013, 09:53:15 PM
#11
There are a lot  more than 12 million ounces of gold on the planet though. Comparing 1 ounce to 1 bitcoin is pretty arbitrary. Maybe wait till we hit market capitalisation parity (which is nowhere close to that of silver yet, let alone gold)

This is true, but TV news about 1 ounce Gold = 1 bitcoin cannot hurt
+1

The more news, the better, and this sounds like a good title "bitcoin surpassed the price of 1 oz gold"  Smiley
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
November 28, 2013, 06:58:29 PM
#10
There are a lot  more than 12 million ounces of gold on the planet though. Comparing 1 ounce to 1 bitcoin is pretty arbitrary. Maybe wait till we hit market capitalisation parity (which is nowhere close to that of silver yet, let alone gold)

This is true, but TV news about 1 ounce Gold = 1 bitcoin cannot hurt
legendary
Activity: 3430
Merit: 3083
November 28, 2013, 06:51:43 PM
#9
There are a lot  more than 12 million ounces of gold on the planet though. Comparing 1 ounce to 1 bitcoin is pretty arbitrary. Maybe wait till we hit market capitalisation parity (which is nowhere close to that of silver yet, let alone gold)
full member
Activity: 143
Merit: 100
November 28, 2013, 06:39:36 PM
#8
The threads of silver parity are still fresh in my mind; should I be enticed, or afraid? I haven't a clue!
I think it is a good thing.There are many gold speculators and parity with gold might cause some to look over BTC as an investment and taking the price potentially higher.I think this is a critical pricing point considering in the next few months the US budget battle will start again in January and many investors hedge gold when Congress do stupid things......but considering BTC would be the same value with possibly higher returns.....it makes me bullish.

and Vastly higher risk!
hero member
Activity: 532
Merit: 500
November 28, 2013, 05:38:00 PM
#7
The threads of silver parity are still fresh in my mind; should I be enticed, or afraid? I haven't a clue!
I think it is a good thing.There are many gold speculators and parity with gold might cause some to look over BTC as an investment and taking the price potentially higher.I think this is a critical pricing point considering in the next few months the US budget battle will start again in January and many investors hedge gold when Congress do stupid things......but considering BTC would be the same value with possibly higher returns.....it makes me bullish.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 28, 2013, 05:28:17 PM
#6
The threads of silver parity are still fresh in my mind; should I be enticed, or afraid? I haven't a clue!

In the same year could Bitcoin both surpass silver and gold?
member
Activity: 75
Merit: 10
November 28, 2013, 04:42:42 PM
#5
The threads of silver parity are still fresh in my mind; should I be enticed, or afraid? I haven't a clue!
hero member
Activity: 756
Merit: 1000
November 28, 2013, 04:37:37 PM
#4
I think before the end of the week is realistic now. It's unbelievable. Smiley
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 28, 2013, 04:08:41 PM
#3
Epic time!
legendary
Activity: 1064
Merit: 1001
November 28, 2013, 04:07:37 PM
#2
I subscribe. Awesome!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 28, 2013, 04:05:35 PM
#1
Bitcoin gonna pass gold price. That is just awesome!  Grin Grin Grin
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