Bitcoin Forum

Economy => Speculation => Topic started by: molecular on January 17, 2013, 11:11:57 AM



Title: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on January 17, 2013, 11:11:57 AM
in reference to thread [Poll] How long until $1000 per 1 Bitcoin? (https://bitcointalk.org/index.php?topic=136780.msg1457086#msg1457086), which is flawed.



Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: oakpacific on January 17, 2013, 11:29:08 AM
http://www.gold-eagle.com/editorials_03/wallybently013103.html

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


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on January 17, 2013, 11:31:22 AM
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 ;)


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: jl2012 on January 17, 2013, 11:33:30 AM
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


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on January 17, 2013, 11:51:01 AM
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


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on January 17, 2013, 11:58:12 AM
[POLL] when will 1 BTC be worth 1 oz of silver? (https://bitcointalk.org/index.php?topic=137016.0)


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on December 16, 2015, 04:00:56 PM
just for reference: it didn't take very long to go from $15 to $1000: only 10 months


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: talks_cheep on December 16, 2015, 04:11:34 PM
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.


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: LMGTFY on December 16, 2015, 05:28:27 PM
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.


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: molecular on December 16, 2015, 05:34:39 PM
Because that was the price when the threat was started


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: erre on December 16, 2015, 05:36:47 PM
Surely less than 1 year, but I would say less than 6 months  :)


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: TERA on December 16, 2015, 05:40:53 PM
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.


Title: Re: [POLL] how long before 1 BTC = 1 oz of gold
Post by: zimmah on December 17, 2015, 12:27:34 PM
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.