Parity Party!!!

[jimbobway]

When one Bitcoin reaches $1 we need to celebrate...I call it "The Parity Party".  What will you do for your party?

We need to be Slashdotted again.  One dollar is off the hook!!!  It's gonna be another wild ride!!

[TTBit]

Should read "Stop the fed, use bitcoins instead."

[kwukduck]

Did people talk to you? xD

[FatherMcGruder]

No one is selling beer for bitcoins, so until then, no party .

That said, I disagree that we'll have meaningful parity at BTC/USD=1. We'd have to wait until the number of bitcoins in circulation equals the value of the US dollars in circulation. If that happened to day, 1 BTC would trade for about 390 000 USD, I think. For that number, I divided the monetary base by the present amount of bitcoins.

[Hal]

It's pretty strange really that we all see a good chance that bitcoins will hit a dollar in the relatively near future. How many investments can be expected to triple in value in that time frame? Is gold going to be $3500 any time soon? Apple stock going to triple? Maybe Facebook, if you could get some. That seems like a pretty sure thing.

We are really lucky to be in at the beginning of a possibly explosive new phenomenon. Considering the odds against most money-tripling investments, Bitcoin looks like a good place for a percentage of your portfolio.

[Babylon]

No one is selling beer for bitcoins, so until then, no party .

That said, I disagree that we'll have meaningful parity at BTC/USD=1. We'd have to wait until the number of bitcoins in circulation equals the value of the US dollars in circulation. If that happened to day, 1 BTC would trade for about 390 000 USD, I think. For that number, I divided the monetary base by the present amount of bitcoins.

I'll sell beer for bitcoins.  I don't currently have anything in stock but hard apple cider, however I'll have some mocha stout soon and molasses imperial stout soon after.  It's homebrewed craft beer though, so the price is gonna be considerably higher than for budweiser.

[FatherMcGruder]

I'll sell beer for bitcoins.  I don't currently have anything in stock but hard apple cider, however I'll have some mocha stout soon and molasses imperial stout soon after.  It's homebrewed craft beer though, so the price is gonna be considerably higher than for budweiser.

Greetings, fellow brewer! I cannot legally sell my beer, but I suppose it's good enough that I might expect gratuity in the form of bitcoins. I just bought ingredients for a breakfast stout. I guess we can have a Bitcoin party after all, if not a parity party.

[Anonymous]

I will buy anyone beer for bitcoins or wine for bitcoins or a fine scotch whiskey...


 

or get an amazon.co.uk gift voucher and buy it here -

http://www.amazon.co.uk/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww.amazon.co.uk%2Fs%3Fie%3DUTF8%26redirect%3Dtrue%26ref_%3Dsr_nr_n_3%26bbn%3D344155031%26qid%3D1289211453%26rnid%3D344155031%26rh%3Dn%253A340834031%252Cn%253A%2521344155031%252Cn%253A358583031&tag=freedazzlecom-21&linkCode=ur2&camp=1634&creative=19450

My aff code is in there if youre thirsty

[grondilu]

Let's party!!!!

[jimbobway]

This is BIG news and everyone needs to know!  Slashdot, Reddit, Digg, etc...!!!

[grondilu]

[sirius]

[Nefario]

Jimbobway: I LOVE THAT PICTURE

I'm wondering what I should do to celebrate?

Also I just checked Mullvad VPN price, they have dropped it again, now down to 8BTC for a month. They really keep up with the priced deflation.

[grondilu]

<<  Bitcoin has reached parity..  YEEEEAHHHHH!!!! >>

[Mike Hearn]

Yes, but the question is really - will it stay above dollar parity or not?

[grondilu]

Yes, but the question is really - will it stay above dollar parity or not?

Probably not on the short term.  On long term, I have no doubt about it.

[JohnDoe]

Cheers.

[ribuck]

(so far, Grondilu's party looks the most fun)

[grondilu]

nice one, ribuck.

[jimbobway]

http://www.bitcoinblogger.com/2011/02/one-bitcoin-worth-more-than-one-dollar.html