Bitcoin Forum

Economy => Economics => Topic started by: OROBTC on May 02, 2016, 04:24:17 PM



Title: BTC Price and Gold Price in the "Craig Wright Era"
Post by: OROBTC on May 02, 2016, 04:24:17 PM
...

This thread is meant to be a short-term place to watch and to comment on prices of gold and Bitcoin.

My understanding is that Bitcoin's price took a +/- $10 hit this morning on the CW "outing" himself news.

Gold is up some $3 - $4.

Now is as good a time as any to see how these two wealth storage alternatives do in the coming days or weeks.

Gold: $1297

BTC: $443 (at ounce.me)

Let the games begin...


Title: Re: BTC Price and Gold Price in the "Craig Wright Era"
Post by: Arcteryx on May 02, 2016, 04:33:54 PM
This is an interesting revelation since CW is nothing more than an Attention Wh0re  :D

I will be watching this thread to see where this gold/btc battle goes on from here   ;D


Title: Re: BTC Price and Gold Price in the "Craig Wright Era"
Post by: 7788bitcoin on May 03, 2016, 08:58:20 AM
I didn't follow minute to minute changes in price. However, the price was close to $460 before I went offline and was about $440 after I heard about Craig's announcement- a drop of $20  :'(

However, I guess Craig is only after fame and the news will not affect the price movement in anyway.


Title: Re: BTC Price and Gold Price in the "Craig Wright Era"
Post by: European Central Bank on May 03, 2016, 11:00:20 AM
I love how much of a weak sister this market is. Some blowhard makes some claims that ain't universally verifiable and people sell? I hope this shit doesn't happen when tens of millions are using it.


Title: Re: BTC Price and Gold Price in the "Craig Wright Era"
Post by: freshman777 on May 03, 2016, 11:07:46 AM
Last week of December, 2016

Gold: $1700

BTC: $500
BTC market cap $8B, Total Top 100 cryptocurrency market cap $12B.