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Title: 1 BTC has now reached parity with 1 Silver oz Post by: ianbakewell on February 19, 2013, 07:25:02 PM Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: hazek on February 19, 2013, 07:58:50 PM I wonder how many hardcore goldbugs will completely dismiss this. ::)
Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: ElectricMucus on February 19, 2013, 08:02:14 PM I wonder how many hardcore goldbugs will completely dismiss this. ::) Hardcore goldbugs don't own silver ;) Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Gabi on February 19, 2013, 08:06:49 PM The impossible made possible :D
Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: tvbcof on February 20, 2013, 05:29:12 AM I wonder how many hardcore goldbugs will completely dismiss this. ::) Hardcore goldbugs don't own silver ;) I do. And I'm still up more in silver than in Bitcoin. But getting pretty close, and if I count all of my Ag purchases (which is only fair) I am pretty sure that I am actually doing better in Bitcoin than silver at this point. Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: hazek on February 20, 2013, 11:18:41 AM I wonder how many hardcore goldbugs will completely dismiss this. ::) Hardcore goldbugs don't own silver ;) I do. And I'm still up more in silver than in Bitcoin. But getting pretty close, and if I count all of my Ag purchases (which is only fair) I am pretty sure that I am actually doing better in Bitcoin than silver at this point. You are not what I consider a hardcore goldbug otherwise you wouldn't be willing to own bitcoins. Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: RodeoX on February 20, 2013, 04:42:19 PM That's crazy. I remember when we reached parity with the $USD. That was exciting enough.
Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Dacm4n on February 21, 2013, 05:00:34 AM Man I regret not trading a few rounds for bitcoins a couple of weeks ago like my instincts told me.
Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Phinnaeus Gage on February 21, 2013, 06:33:46 AM That's crazy. I remember when we reached parity with the $USD. That was exciting enough. And I got in when it was trying to reach it again, albeit from the opposite direction. And to think I thought copper cents were a good investment with only 200% margin. Today's market cap is only ~$300M. For Bitcoin to truly be on the radar, it would need a market cap of at least $10B. If it reaches that plateau with 16M bitcoins mined, that would make each bitcoin valued at $625 USD--another ~21X jump. Then I'll be able to retire on my goat ranch with Maria. EDIT: More math: $1T market cap with if all coins mined (21M bitcoins) equates to $47,619.04 USD each. I'm willing to bet that Roger Ver has that equation pinned on all four walls in his office. Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Luno on February 21, 2013, 07:12:11 AM Nice plan Phinnaus; you, Goat and Maria on a farm declaring sovereignty under the 10th amendment. It's almost biblical.
Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: tvbcof on February 21, 2013, 05:15:01 PM Nice plan Phinnaus; you, Goat and Maria on a farm declaring sovereignty under the 10th amendment. It's almost biblical. It's a start, but needs some natural disasters, murder, sodomy, etc stirred in. Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Phinnaeus Gage on February 21, 2013, 05:17:38 PM Nice plan Phinnaus; you, Goat and Maria on a farm declaring sovereignty under the 10th amendment. It's almost biblical. It's a start, but needs some natural disasters, murder, sodomy, etc stirred in. I have the sodomy aspect covered. ;D Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: tvbcof on February 21, 2013, 05:25:41 PM Nice plan Phinnaus; you, Goat and Maria on a farm declaring sovereignty under the 10th amendment. It's almost biblical. It's a start, but needs some natural disasters, murder, sodomy, etc stirred in. I have the sodomy aspect covered. ;D Might be 'an idea worth hoarding.' :D Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: RodeoX on February 22, 2013, 07:40:10 PM Bitcoin has grown well above $29 while Silver is struggling below it for the past couple days now. Yeah, last night I got out a 1oz. round and thought about it as a bitcoin. I would sell some of them, but diversification is also part of my portfolio. Parity was not just a brief kiss, it has held :) Even taking into account exchange fees and transfer times, someone could have traded their BTC 1:1 for Silver this week. Awesomeness! Look out gold, here we come! >:( Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Domrada on February 22, 2013, 07:47:51 PM Parity was not just a brief kiss, it has held :) Well, although I am confidant, I wouldn't be so quick to say, "it has held". Two years from now, no problem. ;) Two years from now, we will not be saying, "it has held," we will be saying, "1 BTC has reached parity with 1 gold oz." Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: Peter Lambert on February 22, 2013, 07:49:03 PM Parity was not just a brief kiss, it has held :) I think a brief kiss just about describes the way bitcoins zipped past silver without even noticing it. Title: Re: 1 BTC has now reached parity with 1 Silver oz Post by: cypherdoc on February 26, 2013, 06:44:26 PM Man I regret not trading a few rounds for bitcoins a couple of weeks ago like my instincts told me. i've been telling you guys for at least a year and a half now... |
