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Author Topic: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?  (Read 4201 times)
S3052
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January 30, 2011, 07:44:25 PM
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In our efforts to grow the bitcoin idea, it would be useful to show laymen that Bitcoins are the best investment vs. most other financial instruments.
To show that effectively, comparative charts of BTC / USD vs. Gold, Silver, DJI, other commodities would  be brilliant.

Who has the technical capability to add this into some existing bitcoincharts sites?

thanks for leting me know.

I would like to add this perspective ideally regularly into my Bitcoin Analyses

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tcatm
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January 30, 2011, 07:45:33 PM
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Can you give an example of such a chart (and maybe a datasource)?
S3052
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January 30, 2011, 07:48:39 PM
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This chart displays Gold / USD vs. EUR / USD as an example. If you replace EUR / USD with BTC/USD we would see that Bitcoins rise much more than even Gold in recent history.

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tcatm
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January 30, 2011, 07:56:29 PM
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So it's just both charts overlaid on a relative y-axis? Like the exiting "compare with" option?
S3052
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January 30, 2011, 08:00:58 PM
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Yes, exactly. This is what I had in mind.

This would be neat, and I am not aware of a sizeable other index that outperformed bitcoins in the past 6-12 months.

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Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

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January 30, 2011, 08:02:26 PM
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Do you know a good source I could poll for Gold / USD price and a source for Gold price history?
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January 30, 2011, 08:13:54 PM
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You can get some historical prices from yahoo finance:

I.e for the DJI and for most other financial instruments.
http://finance.yahoo.com/q/hp?s=%5EDJI+Historical+Prices


I used to download this stuff in excel some years ago and built my own charts using excel. However, this is too tedious for me and since I have no clue about web design etc.. this does not make sense to me.

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Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

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