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Author Topic: CNBC hosts are worried about BTC being x3 oz of gold  (Read 1219 times)
syaripudin
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August 11, 2017, 05:48:36 PM
 #41

I think what the CNBC Host says, that the BTC price is threefold, it is a form of fropesionalism for what it does. The scenario that has been made makes it necessary to say that, although in fact, maybe they do not really understand the bitcoin development that occurs, I think the physiological effects of the conversation that we should see. This will be a point in itself for bitcoin users. With such a word, of course, will increase the interest of investors to invest in bitcoin. I think not only 3 times, maybe even more than that.

 
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U2
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August 11, 2017, 05:52:33 PM
 #42

Bitcoins base unit is worth 3x that of golds base unit. Who gives a shit? That's like saying bugs rule the world because there are trillions of them on earth. I think it's pretty clear who rules earth folks. It ain't no cock-a-roach.
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September 18, 2017, 04:42:47 PM
 #43

There is far more gold than Bitcoin, relatively speaking. In fact, "a Bitcoin" kind of isn't actually a thing. In reality, Bitcoin is a bundle of units on a blockchain. 1 BTC is simply the way we write or separate them in order to make sense out of it.

We could easily call 1 BTC as 1mBTC instead and then there would be 21,000,000,000 BTC or whatever. It is all relative to the amount of decimals involved, that is it.

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