Author

Topic: [POLL] 1g Gold parity (Read 1418 times)

legendary
Activity: 2058
Merit: 1431
March 18, 2013, 08:30:48 PM
#15
hero member
Activity: 812
Merit: 1001
-
March 18, 2013, 08:28:39 PM
#14
The next step is parity with 1oz of gold. End of thread.


newbie
Activity: 8
Merit: 0
March 18, 2013, 08:27:25 PM
#13
I'd be more interested to know when more people are trading gold for BTC, than people trading BTC for gold (you know, once fiat currency is effectively worthless).
sr. member
Activity: 354
Merit: 250
March 18, 2013, 08:20:48 PM
#12
Mission Accomplished.
legendary
Activity: 1400
Merit: 1005
March 18, 2013, 06:25:25 PM
#11
Easily before the end of March.
hero member
Activity: 700
Merit: 500
March 18, 2013, 06:14:37 PM
#10
Within the next 72 hours  Grin

Sorry guys, I was wrong. Make that 48 hours.
legendary
Activity: 1792
Merit: 1087
March 18, 2013, 05:53:02 PM
#9
I'm sure there will be some food-for-taught headlines when this occurs  Smiley

Do more people price gold in grams or ounces? People might say something when one bitcoin was worth a gallon of gas or a liter of gas, but they would never make a big deal about a bitcoin being worth a tablespoon of gas.

China prices gold in grams
legendary
Activity: 1820
Merit: 1000
March 18, 2013, 05:35:46 PM
#8
I'm sure there will be some food-for-taught headlines when this occurs  Smiley

Do more people price gold in grams or ounces? People might say something when one bitcoin was worth a gallon of gas or a liter of gas, but they would never make a big deal about a bitcoin being worth a tablespoon of gas.

Exactly I misread post assumed it was 1oz

I made the same mistake, so put after 2013. Parity with 1 gram of gold not that interesting IMO, beyond the fact it would have us over 50.
legendary
Activity: 2576
Merit: 1087
March 18, 2013, 05:27:21 PM
#7
I'm sure there will be some food-for-taught headlines when this occurs  Smiley

Do more people price gold in grams or ounces? People might say something when one bitcoin was worth a gallon of gas or a liter of gas, but they would never make a big deal about a bitcoin being worth a tablespoon of gas.

Exactly I misread post assumed it was 1oz
legendary
Activity: 1400
Merit: 1020
March 18, 2013, 03:50:17 PM
#6
Do more people price gold in grams or ounces? People might say something when one bitcoin was worth a gallon of gas or a liter of gas, but they would never make a big deal about a bitcoin being worth a tablespoon of gas.

We're still far away from the "market cap" of silver! I'm waiting for that!
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
March 18, 2013, 03:38:42 PM
#5
I'm sure there will be some food-for-taught headlines when this occurs  Smiley

Do more people price gold in grams or ounces? People might say something when one bitcoin was worth a gallon of gas or a liter of gas, but they would never make a big deal about a bitcoin being worth a tablespoon of gas.
sr. member
Activity: 378
Merit: 250
March 18, 2013, 02:13:10 PM
#4
I'm sure there will be some food-for-taught headlines when this occurs  Smiley
legendary
Activity: 1792
Merit: 1087
March 18, 2013, 02:04:17 PM
#3
Within the next 72 hours  Grin

Yes, when some of the Cyprus people get their Euro back
hero member
Activity: 700
Merit: 500
March 18, 2013, 01:54:32 PM
#2
Within the next 72 hours  Grin
legendary
Activity: 1792
Merit: 1087
March 18, 2013, 02:50:23 AM
#1
1g = 0.032150746 troy oz

with 1 XAU = 1600 USD, 1g of gold is 51.44 USD
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