LOL
how many times in history people must've proclaimed the death of gold, yet it's survived every fiat and other forms of money. Now , it's btc's turn to put the nail in the coffin. Man, it's funny how people underestimate gold's staying power, you'd think after thousands of years it would gain a little respect lol
Btw, u'll never see gold at $200 or even $500 ever again. With all the printing going on, it's just a matter of time that it shoots up to $3000 and beyond. The chinese, indians, east asians are buying it hand over fist. The real stuff, not comex crap. The West is dead !
Topic: when will bitcoin's market cap surpass gold's? - page 2. (Read 2176 times)
it's bound to happen. who the fuck cares about a shiny yellow metal anymore. not us geeks 
so i've been thinking about this and i'm fairly confident gold will plummet back down to 200 or so soon.
let's make predictions
2018?
so i've been thinking about this and i'm fairly confident gold will plummet back down to 200 or so soon.
let's make predictions
2018?
The problem is that we need everyone else and not only geeks to think that way
so i've been thinking about this and i'm fairly confident gold will plummet back down to 200 or so soon.
let's make predictions
2018?
let's make predictions
2018?
The non stop printing presses will ensure gold doesn't go below $200 an ounce ever. Hell it might go to $100,000 per ounce although $100,000 someday might be low enough to qualify for food stamps. The dollar has lost 99.2% of its purchasing power in the past 80 years. That trend isn't slowing down.
Agree with the sentiment generally, but not the target or timeframe. IIRC, the "industrial demand" component of gold's value is something like $400-$600/oz, so that's a pretty natural floor. I also think it'll take decades for the monetary component of gold to fully collapse (ie, we still have a nasty generation-gap; many people with decades of investing life left don't "trust" digital things). And if China declares gold-backing for the Yuan (or succeeds in getting the IMF to create a new basket reserve currency that includes gold), that could make it take 50-100yrs longer.
If you are fairly confident about that, take some of your Bitcoin profits and get busy on the comex futures market. It would be stupid not to.
You are also fairly alone with that too and many people would take the counterpoint of your position as heavy resistance at gold parity suggests. Look over to China... I'm sure there enough people with plenty of funds.
You are also fairly alone with that too and many people would take the counterpoint of your position as heavy resistance at gold parity suggests. Look over to China... I'm sure there enough people with plenty of funds.
horrible advice as usual. if i believe i can make more money from bitcoin's appreciation then from gold' depreciation it makes no semse to sell any coins to short gold. gold will go down on it's own. i'll just eat popcorn and watch
If you are fairly confident about that, take some of your Bitcoin profits and get busy on the comex futures market. It would be stupid not to.
You are also fairly alone with that too and many people would take the counterpoint of your position as heavy resistance at gold parity suggests. Look over to China... I'm sure there enough people with plenty of funds.
You are also fairly alone with that too and many people would take the counterpoint of your position as heavy resistance at gold parity suggests. Look over to China... I'm sure there enough people with plenty of funds.
If BTC does pass Gold value then all media therefore the world will be eyes on Bitcoin
Price increases a sh!t ton after that
Price increases a sh!t ton after that
I would be happy to wager against Gold going to $200.
you've got to have actual money or coins to make a wager...
I would be happy to wager against Gold going to $200.
it's bound to happen. who the fuck cares about a shiny yellow metal anymore. not us geeks
so i've been thinking about this and i'm fairly confident gold will plummet back down to 200 or so soon.
let's make predictions
2018?
so i've been thinking about this and i'm fairly confident gold will plummet back down to 200 or so soon.
let's make predictions
2018?
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