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Bitcoin => Bitcoin Discussion => Topic started by: chodpaba on June 09, 2011, 10:29:38 PM



Title: :
Post by: chodpaba on June 09, 2011, 10:29:38 PM
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Title: Re: Gold Priced in BTC
Post by: imperi on June 09, 2011, 10:34:26 PM
Australian gold is cheap though.


Title: Re: Gold Priced in BTC
Post by: Rocketfella on June 09, 2011, 10:43:44 PM
Oh no, the gold bubble must have burst finally! Everybody, sell your gold! :o


Title: Re: Gold Priced in BTC
Post by: Vladimir on June 09, 2011, 10:45:15 PM
wait for parity, than exchange some bitcoins for gold


Title: Re: Gold Priced in BTC
Post by: Vladimir on June 09, 2011, 10:48:33 PM
diversification, my friend, balanced portfolio... those kind of things will be important once parity is reached.


Title: Re: Gold Priced in BTC
Post by: Vladimir on June 09, 2011, 10:54:46 PM
yep, I want 5870 an than 6990 card parity too.


Title: Re: Gold Priced in BTC
Post by: bcearl on June 12, 2011, 08:37:43 PM
Australian gold is cheap though.

I think "Au" means gold (aurum from latin, symbol in the periodic system).


Title: Re: Gold Priced in BTC
Post by: bcearl on June 12, 2011, 08:46:27 PM
Right now gold is about 69 BTC/au oz.


Title: Re: Gold Priced in BTC
Post by: Steve on June 12, 2011, 09:36:29 PM
wait for parity, than exchange some bitcoins for gold

But what do you mean by parity?  If you mean the price of BTC in dollars is equivalent to the price of an oz of gold in dollars, that's rather meaningless.  Or, do you mean when the value of all gold in the world is equivalent to the value of all bitcoins?  Now, that is meaningful, but also not likely to happen very soon...but, you could pick a target ratio of the value of all bitcoins in existence to all gold in existence.  That would measure the usage of bitcoin relative the usage of gold.


Title: Re: Gold Priced in BTC
Post by: cypherdoc on July 02, 2011, 05:09:26 AM
Oh no, the gold bubble must have burst finally! Everybody, sell your gold! :o

i just did. ;D