Author

Topic: [POLL] how long before 1 BTC = 1 oz of gold (Read 1373 times)

legendary
Activity: 1106
Merit: 1005
December 17, 2015, 07:27:34 AM
#13
just for reference: it didn't take very long to go from $15 to $1000: only 10 months


And it only took 10 months to go from $1200 to $170.

Some people just love to be negative.    

Also, it impossable we reach $2000 in January, stop dreaming. *rolls eyes*.


Also to the posters above me, look at the date of the OP.
hero member
Activity: 728
Merit: 500
December 16, 2015, 12:40:53 PM
#12
This requires predicting both the price of bitcoin and the price of gold and intersecting them.

It's also a harder target to reach for the doom mongers who think that bitcoins rise will be due to hyper inflation because gold will rise too.
legendary
Activity: 1680
Merit: 1205
December 16, 2015, 12:36:47 PM
#11
Surely less than 1 year, but I would say less than 6 months  Smiley
donator
Activity: 2772
Merit: 1019
December 16, 2015, 12:34:39 PM
#10
Because that was the price when the threat was started
hero member
Activity: 644
Merit: 503
December 16, 2015, 12:28:27 PM
#9
just for reference: it didn't take very long to go from $15 to $1000: only 10 months


And it only took 10 months to go from $1200 to $170.

$15 to $170 - sheeeeeeeyit, that's an 1100% increase in only 20 months. Or an average of >50% every month.
legendary
Activity: 1036
Merit: 1000
December 16, 2015, 11:11:34 AM
#8
just for reference: it didn't take very long to go from $15 to $1000: only 10 months


And it only took 10 months to go from $1200 to $170.
donator
Activity: 2772
Merit: 1019
December 16, 2015, 11:00:56 AM
#7
just for reference: it didn't take very long to go from $15 to $1000: only 10 months
donator
Activity: 2772
Merit: 1019
donator
Activity: 2772
Merit: 1019
January 17, 2013, 06:51:01 AM
#5
21 000 000 troy oz = 653.17 metric tonness. In human history, 171,300 tonnes of gold has been mined. Even if 1BTC = 1oz of gold, the market cap of BTC is only 1/262 of gold

another question: how long before 1 BTC = 1 oz of silver? I think it's most likely within this year

yes, please, someone make that poll and link it here. screw it, I will
legendary
Activity: 1792
Merit: 1111
January 17, 2013, 06:33:30 AM
#4
21 000 000 troy oz = 653.17 metric tonness. In human history, 171,300 tonnes of gold has been mined. Even if 1BTC = 1oz of gold, the market cap of BTC is only 1/262 of gold

another question: how long before 1 BTC = 1 oz of silver? I think it's most likely within this year
donator
Activity: 2772
Merit: 1019
January 17, 2013, 06:31:22 AM
#3
http://www.gold-eagle.com/editorials_03/wallybently013103.html

I think silver market parity is a more sensible target and also worth discussion.

true! go ahead, make a poll and link it here Wink
hero member
Activity: 784
Merit: 1000
January 17, 2013, 06:29:08 AM
#2
http://www.gold-eagle.com/editorials_03/wallybently013103.html

I think silver market parity is a more sensible target and also worth discussion.
donator
Activity: 2772
Merit: 1019
January 17, 2013, 06:11:57 AM
#1
in reference to thread [Poll] How long until $1000 per 1 Bitcoin?, which is flawed.

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