remotemass (OP)
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Activity: 1117
Merit: 1016
ASMR El Salvador
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January 15, 2014, 05:35:21 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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whtchocla7e
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Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
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January 15, 2014, 05:44:26 PM |
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Bears have a brain of size comparable to human brain.
So bears are as intelligent as humans.
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steamon
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January 15, 2014, 06:12:47 PM |
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If btc get world accepted then it will hold such price to.  |
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cryptomining
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January 15, 2014, 06:29:30 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. |
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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January 15, 2014, 06:32:58 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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cryptomining
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January 15, 2014, 06:50:53 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. history and the very definitions disagree with you. |
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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January 15, 2014, 06:52:12 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
at least  |
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rafamadeira
Member
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Activity: 79
Merit: 10
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January 15, 2014, 06:55:26 PM |
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Bears have a brain of size comparable to human brain.
So bears are as intelligent as humans.
This. |
Insert Coins Here: 1GWz2R7NKVgtYg8yYQ7bbzDZWyRLXoitBN
Thank you Sir!
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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January 15, 2014, 07:44:18 PM |
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history and the very definitions disagree with you.
Future history will disagree with you disagreeing. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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mgio
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January 15, 2014, 07:47:37 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. cryptomining is this forums latest troll. best just put him on ignore and move along. |
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countryfree
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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January 15, 2014, 07:53:22 PM |
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No. BTC and gold are very different. You'd have trouble crossing borders and getting on a plane with 10 kg of gold.
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I used to be a citizen and a taxpayer. Those days are long gone.
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KJO
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January 15, 2014, 08:14:10 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. I know what you are trying to say but you misunderstand the energy component of money vs currency and you also misunderstand cryptomining's presumption which is absolutely correct. MONEY = ENERGY ENERGY = VALUE VALUE = MONEY Gold is intrinsically valuable because of the massive labor energy required to find, extract, and refine it. It is extremely rare and so is a bitcoin. This exactly why mining is required. Without mining, a bitcoin has no stored energy and therefore no stored value. Both gold and bitcoin operate on the same principles of sound money. They are both stores of value. Gold has been real money for 6000 years. Bitcoin is in its infancy but with more exposure will gain confidence and it turn will gain wider acceptance. But to call gold an "illusion" is simply ignorant of the basic fundamentals of money theory. |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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January 15, 2014, 08:16:41 PM |
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Gold is useless ... when i want to buy online a TV  BTC ... no I don't have touch gold since i was born ... so it not today that i touch them.  |
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KJO
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January 15, 2014, 08:50:39 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. cryptomining is this forums latest troll. best just put him on ignore and move along. Dont hate cryptomining simply because you do not understand simple basic economics and commodities. He's not a troll, he is simply teaching you kids the truth. Gold is no illusion. Your lack of education is the illusion. Its better to educate yourselves now before your ignorance hurts somebody. Gold & Bitcoin work hand in hand. |
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RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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January 15, 2014, 08:53:42 PM |
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Where do I go to exchange this bitcoin for a 10kg. gold bar?  |
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Markov
Sr. Member
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Activity: 258
Merit: 250
Breizh Atao
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January 15, 2014, 08:55:08 PM |
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How do you carry 10kg of gold around? Much easier 1btc.
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RodeoX
Legendary
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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January 15, 2014, 09:22:58 PM |
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How do you carry 10kg of gold around? Much easier 1btc.
With 10 kilos of gold; my servants will carry it. |
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Sauzer00
Newbie
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January 15, 2014, 09:27:11 PM |
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lol with 10k u are not gonna have any servant in any evolved country. Otherwise ur 10k are gonna end up pretty quickly |
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cryptomining
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January 15, 2014, 09:33:03 PM |
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its p2p fiat not money these are simple definitions, look them up
money
currency
fiat
intrinsic value
store of value
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cp1
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January 15, 2014, 09:33:18 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There are 2 billion dimes in the world. So 10 dimes are worth 1 kg of gold. |
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Kungfucheez
Member
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Activity: 98
Merit: 10
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January 15, 2014, 09:33:32 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
Yeah guys, according to OP 1 BTC equals $397,000 USD, so everyone is rich now |
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dree12
Legendary
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Activity: 1246
Merit: 1077
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January 15, 2014, 09:35:43 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There is one of me in the world. So I am comparable to 210 000 000 kg Au? This definition of comparable is too lenient to be useful. |
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cp1
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January 15, 2014, 09:36:57 PM |
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There is one of me in the world. So I am comparable to 210 000 000 kg Au?
This definition of comparable is too lenient to be useful.
Either that or you're worth 1/3 of a dime. I think cats are a dime a dozen. |
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SirBitsalot
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January 15, 2014, 10:16:11 PM |
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Am I the only one that actually finds this interesting?
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CatCoin
Newbie
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Activity: 38
Merit: 0
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January 15, 2014, 10:58:10 PM |
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I think the idiots who are already counting their millions after buying 1 bitcoin are going to end up very sad in the future. Get rich quick fantasies are ruining crypto.
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remotemass (OP)
Legendary
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Activity: 1117
Merit: 1016
ASMR El Salvador
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January 15, 2014, 11:00:05 PM |
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Following the same paradigm, as the world has five times less silver than gold, maybe we can say that 1 BTC is comparable to 2Kg of silver.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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cryptomining
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January 15, 2014, 11:05:29 PM |
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Am I the only one that actually finds this interesting?
hi, your not alone. |
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remotemass (OP)
Legendary
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Activity: 1117
Merit: 1016
ASMR El Salvador
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January 15, 2014, 11:13:56 PM |
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Water is 1,410,000,000,000,000,000,000 Kg so 1 BTC is comparable to 70 trillion Kg (or liters) of water.
Air is 5,140,000,000,000,000,000 Kg so 1 BTC is comparable to 200 billion kg of air.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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2tights
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January 15, 2014, 11:17:49 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There are 2 billion dimes in the world. So 10 dimes are worth 1 kg of gold. don't forget that the moon contains 1 billion KG of gold, so the moon is worth 1,000,000,000 BTC |
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remotemass (OP)
Legendary
Offline
Activity: 1117
Merit: 1016
ASMR El Salvador
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January 15, 2014, 11:26:31 PM |
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don't forget that the moon contains 1 billion KG of gold, so the moon is worth 1,000,000,000 BTC
Everyone knows that the gold of moon is on a parallel universe so that doesn't count. |
{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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2tights
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January 15, 2014, 11:27:48 PM |
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don't forget that the moon contains 1 billion KG of gold, so the moon is worth 1,000,000,000 BTC
Everyone knows that the gold of moon is on a parallel universe so that doesn't count. We all know that Bill gates has a time machine, so it's only a matter of time before someone buys it from him for 1,000,000 bitcoin. |
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acsalles
Member
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Activity: 343
Merit: 11
Rangers.Protocol
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January 15, 2014, 11:29:53 PM |
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I think the idiots who are already counting their millions after buying 1 bitcoin are going to end up very sad in the future. Get rich quick fantasies are ruining crypto.
Sorry Dude, please just don't be offended, but it'funny to see it written by someone called Catcoin lol |
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johnyj
Legendary
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Activity: 1988
Merit: 1012
Beyond Imagination
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January 16, 2014, 02:40:55 AM |
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How about diamond |
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CatCoin
Newbie
Offline
Activity: 38
Merit: 0
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January 16, 2014, 07:28:30 AM |
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I think the idiots who are already counting their millions after buying 1 bitcoin are going to end up very sad in the future. Get rich quick fantasies are ruining crypto.
Sorry Dude, please just don't be offended, but it'funny to see it written by someone called Catcoin lol I was in the process of putting together a "catcoin" that had the goal of helping no-kill animal shelters and animal welfare organizations, but someone "pre-announced" the current catcoin about a week before I was going to release mine. My username has nothing to do with the current catcoin, and I should probably change it since I'm not particularly fond of it. So, it's really not all that funny... though I see what you were getting at. |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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January 16, 2014, 10:12:59 AM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
bitcoin is currently not as widely accepted as a store of value as gold, but in case it will ever be, then the price may resemble that of 10kg of gold. One alos has to consider though that bitcoin is much more valuable than gold for the fact that it's digital, and therefore has a lot of benefits. It can not physically be stolen (although you should take measures against hacking), and it can easily be transfered across the world in milliseconds, something that's impossible with gold. And it probably has many other features that gold can never dream to have. Therefore, 1 bitcoin may in the future become worth even more than 10 kg of gold. |
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zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
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January 16, 2014, 10:16:23 AM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There are 2 billion dimes in the world. So 10 dimes are worth 1 kg of gold. they can and will print more dimes. |
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e4xit
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January 16, 2014, 10:21:52 AM |
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I think the idiots who are already counting their millions after buying 1 bitcoin are going to end up very sad in the future. Get rich quick fantasies are ruining crypto.
Sorry Dude, please just don't be offended, but it'funny to see it written by someone called Catcoin lol I was in the process of putting together a "catcoin" that had the goal of helping no-kill animal shelters and animal welfare organizations, but someone "pre-announced" the current catcoin about a week before I was going to release mine. My username has nothing to do with the current catcoin, and I should probably change it since I'm not particularly fond of it. So, it's really not all that funny... though I see what you were getting at. I might argue that that adds to the humor of it, actually. |
Not your keys, not your coins.
CoinJoin, always.
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porcupine87
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January 16, 2014, 10:37:32 AM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There are 2 billion dimes in the world. So 10 dimes are worth 1 kg of gold. +1. This reminds me on the line drawer in charts who say "see, the price has risen 3000% last year, so it will rise 3000% forever. Should the price be below this line, buy! Over the line, go short!" (ps: I am not saying that 300 000$ per Bitcoin is not possible. I am just saying that the argumentation is stupid.) |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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remotemass (OP)
Legendary
Offline
Activity: 1117
Merit: 1016
ASMR El Salvador
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January 16, 2014, 11:21:03 AM |
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How about diamond Diamonds are a very different matter because they vary in size and grade, it is already possible to make them synthetically and the stats are not very good in saying how much of them there are. But, let's say, in a very loose sense that there are about 100 billion diamonds of on average $2,000. Then 1 BTC compares to about 5000 diamonds and so to about $10 million worth of diamonds. |
{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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remotemass (OP)
Legendary
Offline
Activity: 1117
Merit: 1016
ASMR El Salvador
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January 16, 2014, 11:40:07 AM |
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Some stats say there are about 1.5 billion houses in the world.
So, using the same paradigm, 1 BTC compares to 71 houses.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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January 16, 2014, 12:06:48 PM |
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i dont think it works that way
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remotemass (OP)
Legendary
Offline
Activity: 1117
Merit: 1016
ASMR El Salvador
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January 26, 2014, 10:45:45 PM |
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About 400 billion tweets have been tweeted so far.
So 1 BTC is comparable to 19047 tweets.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
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5thStreetResearch
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January 26, 2014, 10:54:29 PM |
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Ill sell you a BTC for 10kg of gold then sir
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Danglebee
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January 27, 2014, 02:41:39 AM |
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i gave 1 bitcoin you give 10kg gold ? OK I give 2 bitcoin.
we set up deal now =D
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quakefiend420
Legendary
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Activity: 784
Merit: 1000
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January 27, 2014, 03:00:42 AM |
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history and the very definitions disagree with you.
Future history will disagree with you disagreeing. Past history agrees with you disagreeing with future history. Or something. |
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Brangdon
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January 27, 2014, 05:03:32 PM |
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One alos has to consider though that bitcoin is much more valuable than gold for the fact that it's digital, and therefore has a lot of benefits. It can not physically be stolen (although you should take measures against hacking), and it can easily be transfered across the world in milliseconds, something that's impossible with gold. And it probably has many other features that gold can never dream to have.. Also, if physical gold were widely used as a currency, instead of dollar bills or whatever, I imagine demand for it would be higher and its value would increase. If Bitcoin succeeds, demand for it may become higher than demand for gold is now, so that's another reason 1 BTC may be worth more than 10 kg of gold is worth now. |
Bitcoin: 1BrangfWu2YGJ8W6xNM7u66K4YNj2mie3t Nxt: NXT-XZQ9-GRW7-7STD-ES4DB
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Cryptolator
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January 27, 2014, 08:42:10 PM |
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Bears have a brain of size comparable to human brain.
So bears are as intelligent as humans.
LOL !  |
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