Bitcoin Forum
April 27, 2024, 01:02:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Off-topic > Another kind of parity - one liter of gold worth right about a million bucks.
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Another kind of parity - one liter of gold worth right about a million bucks.  (Read 684 times)
barbarousrelic (OP)
Hero Member
*****
Offline Offline

Activity: 675
Merit: 502


View Profile
July 19, 2011, 06:36:55 PM
 #1
1000 cc * (19.3 g/cc) * (1 troy ounce/31.1g)  *($1600/ozt) = $992,926
Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
Pages: [1]
  Print  
Bitcoin Forum > Other > Off-topic > Another kind of parity - one liter of gold worth right about a million bucks.
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!