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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31143. (Read 26484438 times)

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 27
Merit: 0
is silvers market cap only at 15 Billion USD?
Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.
30K tonns is the US silver reserve.
Total world reserve is 540K tons which equals about 450bn market cap.
http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2013-silve.pdf
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Does anybody know of a platform that lets you short altcoins (other than litecoin) ? 
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
poor bears.



Don't feel sad for them. Think of this as a form of education.

When they grow up and become bulls, they'll be grateful for the experience.

 Grin
full member
Activity: 126
Merit: 100
I imagine some number of the algo-bots are using the daily weighted average as some sort of guardrail or input, as we are hovering there now on gox.

edit: too many tea leaves are conflating reality with shit I just imagine (cheap coinz good, back to bed)
legendary
Activity: 2324
Merit: 1125
is silvers market cap only at 15 Billion USD?
Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.

And calculated a price north of today's. Mmm what would that indicate for the real value? Wink
legendary
Activity: 984
Merit: 1000

Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.
[/quote]

Thx! Damn, that is tiny...
hero member
Activity: 750
Merit: 601
I like the title BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value

Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mbfjaSfs


they are taking us more seriously, every day passes we see more attention from important people,organisations,markets...

Haha fair value at close to the current price. That's how I know wall street analysts. Be prepared for a doubling of the fair value estimate after the price doubles and a halving of it after the price halves Cheesy

Yes most of their job is that : predicting the present.

I love this, perhaps they would like to let us in on the secret way of giving Bitcoin a value. And 2 significant figures! ($13XX), when I think most trying to value Bitcoin  would struggle with orders of magnitude, unless of course they looked at what the market said Smiley ... but thats cheating and not basing it on fundamentals.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
is silvers market cap only at 15 Billion USD?
Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.
legendary
Activity: 1008
Merit: 1003
WePower.red
I can't figure out whether or not people are just reading the news in small waves or not lol.

Thats the market.
legendary
Activity: 2324
Merit: 1125
I like the title BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value

Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mbfjaSfs


they are taking us more seriously, every day passes we see more attention from important people,organisations,markets...

Haha fair value at close to the current price. That's how I know wall street analysts. Be prepared for a doubling of the fair value estimate after the price doubles and a halving of it after the price halves Cheesy
hero member
Activity: 574
Merit: 500
I can't figure out whether or not people are just reading the news in small waves or not lol.
legendary
Activity: 1428
Merit: 1000
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