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Vladimir (OP)
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July 31, 2013, 10:30:03 PM
Last edit: November 20, 2013, 02:25:19 PM by Vladimir |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Marbit
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July 31, 2013, 11:04:57 PM |
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Why does this matter, seems completely arbitrary
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BTCThousandaire
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July 31, 2013, 11:12:17 PM |
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Why does this matter, seems completely arbitrary
OP guesses we are beginning another bubble and is restarting the parity thread from March and April. It matters because it's a reason to celebrate! |
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chriswilmer
Legendary
 Offline
Activity: 1008
Merit: 1000
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July 31, 2013, 11:22:56 PM |
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Isn't the amount of gold in the USA unknown because some fort won't submit to an audit? Maybe I should be using the conspiracy theory tag...
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Marbit
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July 31, 2013, 11:24:22 PM |
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Why does this matter, seems completely arbitrary
OP guesses we are beginning another bubble and is restarting the parity thread from March and April. It matters because it's a reason to celebrate! Celebrate, why? It's completely arbitrary. |
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Gimmelfarb
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July 31, 2013, 11:42:32 PM |
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what does bitcoin market cap have to do with anythign? or is this just more perma bull garbage?
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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August 01, 2013, 12:41:52 AM |
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50% of German gold is actually in imaginary vaults safe and sound in America.
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BitPirate
Full Member
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Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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August 01, 2013, 01:01:11 AM |
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Why does this matter, seems completely arbitrary
what does bitcoin market cap have to do with anythign? or is this just more perma bull garbage?
Why did you invite me to this birthday party? Celebrating the earth going around the sun 21 times seems completely arbitrary Is this just more happy people garbage? |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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August 01, 2013, 01:21:45 AM |
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Why does this matter, seems completely arbitrary
what does bitcoin market cap have to do with anythign? or is this just more perma bull garbage?
Why did you invite me to this birthday party? Celebrating the earth going around the sun 21 times seems completely arbitrary Is this just more happy people garbage? Yeah, measuring things is dumb. |
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thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
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August 01, 2013, 02:22:13 AM |
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50% of German gold is actually in imaginary vaults safe and sound in America.
Stored in America's new PM "brainwallet"...  |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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August 01, 2013, 02:33:49 AM |
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Cool thread ... gonna watch this.
Also lots of good points being made about "gold reserves" and proven physical gold bricks ... CB "gold reserves" can mean lots of things, like swap notes from bullion banks who have leased out the gold and sold it short, "deep storage gold" that is an obligation from an African mining operation in a war-torn country that one day it is going to dig some gold out of the ground (honest) ... and finally the Fed Reserve Bank of New York 'gold reserves' that take 7 years to deliver, um, yes, well maybe ... and etc.
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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August 01, 2013, 03:03:24 AM |
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I have noticed that whenever Vladimir is active, it's usually BTCullish sign$
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Revewing Bitcoin / Crypto mining Hardware.
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vokain
Legendary
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Activity: 1834
Merit: 1019
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August 01, 2013, 04:38:47 AM |
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I have noticed that whenever Vladimir is active, it's usually BTCullish sign$
that's 'cause Vlad effuses bullishness. the bull is his spirit animal  |
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SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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August 02, 2013, 10:52:26 PM |
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Why does this matter, seems completely arbitrary
what does bitcoin market cap have to do with anythign? or is this just more perma bull garbage?
No need to post in or read this thread if you aren't interested... No, it doesn't matter, but since when do humans only do things that matter? I think it's neat to say "Bitcoins are now worth more than all the gold reserves in [COUNTRY]". |
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MonadTran
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August 30, 2013, 06:49:29 PM |
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The tastiest carrots I ever ate, were bough in Ukraine
No wonder. Vegetation is thriving near Chernobyl:  |
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monkeybars
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September 01, 2013, 05:04:15 PM |
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Gold parity is an interesting measuring stick to compare to Bitcoin, actually, since they're both limited stores of value. But then again, it's no 1-to-1 with countries comparison like the GDP chart on the web. Currently the Bitcoin market = 1/40th of the top gold reserve holder, the USA.
Thanks for this cheery thread, V.
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Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3071
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September 02, 2013, 10:58:26 AM |
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It's fun how the parity game (gold or M1) doesn't stop at the USA or Japan, before that stage you can throw combination parity into the mix. For instance, right now Bitcoin has the equivalent gold parity with the summation of gold reserves of Kyrgyzstan, Canada, Slovenia, Aruba, Hungary, Bosnia, Luxembourg, Hong Kong, Iceland, Papua New Guinea, Trinidad, Albania and Yemen combined.  |
Vires in numeris
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jinni
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September 03, 2013, 06:21:44 PM |
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Question is, when will these countries start holding reserves in Bitcoin?
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joesmoe2012
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September 03, 2013, 07:02:11 PM |
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Question is, when will these countries start holding reserves in Bitcoin?
Maybe some already secretly do. |
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