Bitcoin Forum
January 21, 2019, 12:44:57 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Gold runs blockchain technology  (Read 168 times)
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
July 05, 2018, 02:29:10 AM
 #21

ahahahah and what do you want to tell us with it?? Blockchain is much better Gold. from every point of view.

As they say "Old is Gold"
1548031497
Hero Member
*
Offline Offline

Posts: 1548031497

View Profile Personal Message (Offline)

Ignore
1548031497
Reply with quote  #2

1548031497
Report to moderator
1548031497
Hero Member
*
Offline Offline

Posts: 1548031497

View Profile Personal Message (Offline)

Ignore
1548031497
Reply with quote  #2

1548031497
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1548031497
Hero Member
*
Offline Offline

Posts: 1548031497

View Profile Personal Message (Offline)

Ignore
1548031497
Reply with quote  #2

1548031497
Report to moderator
1548031497
Hero Member
*
Offline Offline

Posts: 1548031497

View Profile Personal Message (Offline)

Ignore
1548031497
Reply with quote  #2

1548031497
Report to moderator
1548031497
Hero Member
*
Offline Offline

Posts: 1548031497

View Profile Personal Message (Offline)

Ignore
1548031497
Reply with quote  #2

1548031497
Report to moderator
mjglqw
Hero Member
*****
Offline Offline

Activity: 826
Merit: 502


https://coinsources.io/bitcoin


View Profile WWW
July 05, 2018, 03:14:34 AM
 #22

ahahahah and what do you want to tell us with it??
Blockchain is much better Gold. from every point of view.


Bitcoin is better in terms of store of value and transfer of value. But definitely not in everything. You cant use bitcoin for electronics/hardware parts and jewelry.

oegarod
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250


"Collective Financing Platform"


View Profile
July 05, 2018, 03:19:23 AM
 #23

If that's the case gold is found over everything, and from my perspective blockchain technology will soon drive the gold. Already there were few ico that were developed over the smart contract platform but were backed with gold. Such initiation will surely lead gold to adopt blockchain technology to make it market stronger.

         ▄▄█████████▄▄
      ▄███▀▀       ▀▀███▄
    ▄██▀ ▄▄▄▄   ▄▄███▄▄▀██▄
   ██▀  ██████▄█████████ ▀██
  ██    ██████ █████████   ██
 ██  ▄▄  ▀▀▀▀   ▀▀███▀▀     ██
▐█▌ ████      ▄▄████████▄   ▐█▌
██   ▀█      ██▀       ▄██   ██
▐█▌ ▄████▄  ██  ▄███▀▀▀▀███ ▐█▌
 ██ ██████ ▐██▄  ▀███▄▄  ▀█▌██
  ██▀████▀  ███▄▄   ▀██   ███
   ██▄       ███▀▀▀▀▀▀   ▄██
    ▀██▄      ▀▄▄▄▄▄▄▄▄▄██▀
      ▀███▄▄    ▀▀▀█████▀
         ▀▀█████████▀▀


SynapseCoin
                    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬





.COLLECTIVE FINANCING PLATFORM.
▬▬▬▬▬CONNECTING▬▬▬▬▬▬.
.INVESTORS WITH ENTREPRENEURS..






        ▄███████████████████▄
        █████████████████████
▄█████  █████████████████████
██████  ████             ████
███     █████████████████████
██████  ████             ████
██████  █████████████████████
███     █████████████████████
███████ ▀███████████████████▀
▀███████▄▄▄▄▄▄▄       ▀████
  ████▌                 ██  
  ▐██▌                      
   █▌





  EXCHANGES 
ETHERDELTA, FORKDELTA AND ITS
OWN EXCHANGE, CRIPTOWASI




TWITTER
MEDIUM
REDDIT
FACEBOOK
LINKEDIN
BITCOINTALK
Pettuh4
Sr. Member
****
Offline Offline

Activity: 742
Merit: 251


View Profile
July 05, 2018, 04:44:51 AM
 #24

ahahahah and what do you want to tell us with it??
Blockchain is much better Gold. from every point of view.


Bitcoin is better in terms of store of value and transfer of value. But definitely not in everything. You cant use bitcoin for electronics/hardware parts and jewelry.

Yes and the OP doesn't mean gold is outrunning bitcoin either he simply means a piece iof gold is found in almost every little technology out there including the computers that make up the bitcoin network and so essentially gold is running bitcoin.
doraemon_33766
Newbie
*
Offline Offline

Activity: 71
Merit: 0


View Profile
July 05, 2018, 08:03:45 AM
 #25

Well I really didn't get your point. Yes gold is being used in many devices where it is required and the price is less than bitcoin too. Do you want to suggest all to invest into gold now? Will it be wise? Gold is not a sort of currency and you will not be able to deal with it as you can do with your bitcoin. 
bitcoinman93
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
July 05, 2018, 08:22:15 AM
 #26

There is $10 to $100 worth of Gold in each computer processor (intel, qualcomm etc..). Gold runs the technology world.


Gold is not getting used in laptop and computers only but also in smartphones and TVs . The gold used in these devices is not recoverable and it make around 10%  of the total demand of gold. There is still too much scope in the expansion of the  smartphone industry so this demand will go up and remember this  amount of gold is lost (deflation). There are other industry uses of gold (like medicine, aerospace etc.) but they do not make a significant portion.

Gold is at $1300/ounce and 1 Bitcoin is $6,200   Huh

it's too simplified to put it this way, but you're right, it's a very interesting observation indeed Smiley this way we could add up also other minerals found in processors, the value would have grown
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
July 05, 2018, 05:03:41 PM
 #27

Well I really didn't get your point. Yes gold is being used in many devices where it is required and the price is less than bitcoin too. Do you want to suggest all to invest into gold now? Will it be wise? Gold is not a sort of currency and you will not be able to deal with it as you can do with your bitcoin. 

The Pentium Pro also had two separate chips inside so this doubled the amount of solid gold wire bonding that is usually found in a single chip CPU. Gold refining yields of the Pentium Pro have been reported to be as high as around one gram per CPU.

www.chipsetc.com/gold-value-in-computer-chips.html

1 gram gold = $40   Wink
dutchkay
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
July 05, 2018, 05:41:25 PM
 #28

Gold run's blockchain technology in what way. I have been trying to wrap my head around it but still not making sense to me. If gold are included in processors how does it then affect blockchain technology. Is like saying that gold runs the internet. Does that make any useful meaning. Hardware technology are different from blockchain. I think you need to read about blockchain technology again.
allthingsluxury
Legendary
*
Offline Offline

Activity: 1470
Merit: 1008



View Profile WWW
July 05, 2018, 05:42:11 PM
 #29

Interesting, but yes, I believe that both gold, silver and bitcoin have a role to play. They are real money.

First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
July 06, 2018, 04:14:05 AM
 #30

Yes and the OP doesn't mean gold is outrunning bitcoin either he simply means a piece iof gold is found in almost every little technology out there including the computers that make up the bitcoin network and so essentially gold is running bitcoin.

First comes Gold. Bitcoin and technology come second.   Smiley
pxo.011
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
July 06, 2018, 04:45:29 AM
 #31

are you serious? because i know that the computer motherboard or any part of it is made of copper (maybe this is what you think is a gold but no) and fiberglass , i do not see any of the parts in computer is gold. what you wanna say? even the processor of intel is not make of gold.

the processor is made of
Sand. Made up of 25 percent silicon, is, after oxygen, the second most abundant chemical element that's in the earth's crust. Sand, especially quartz, has high percentages of silicon in the form of silicon dioxide (SiO2) and is the base ingredient for semiconductor manufacturing.

by the way there is my source.

https://www.tomshardware.com/picturestory/514-intel-cpu-processor-core-i7.html
stompix
Hero Member
*****
Offline Offline

Activity: 952
Merit: 866



View Profile
July 06, 2018, 01:27:54 PM
 #32

Well I really didn't get your point. Yes gold is being used in many devices where it is required and the price is less than bitcoin too. Do you want to suggest all to invest into gold now? Will it be wise? Gold is not a sort of currency and you will not be able to deal with it as you can do with your bitcoin. 

The Pentium Pro also had two separate chips inside so this doubled the amount of solid gold wire bonding that is usually found in a single chip CPU. Gold refining yields of the Pentium Pro have been reported to be as high as around one gram per CPU.

www.chipsetc.com/gold-value-in-computer-chips.html

1 gram gold = $40   Wink

And how many Pentium Pro chips are still running?
How much gold is in a 7700K, do you have some numbers for this?
Or how about the S9 miner chips, how much gold is one of those things?

From the same article you've mentioned:

Quote
Modern computer chips manufactured after 1998 have very little gold content in them because most CPU's no longer use solid gold wire bonding technology or gold-plated lids in their packaging.

For example, the Intel Pentium 4 Microprocessor came in an organic (non ceramic) package with a nickle-plated copper lid, & it did not use gold wire internally to attach the silicon chip to it's package. It's only noticeable gold content came from it's connector pins that were thinly gold-plated. However, the pins were gold-plated to a thickness of only 0.76 microns - that calculates to just around a few cents worth of gold value per CPU


First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
July 06, 2018, 04:38:58 PM
 #33

For example, the Intel Pentium 4 Microprocessor came in an organic (non ceramic) package with a nickle-plated copper lid, & it did not use gold wire internally to attach the silicon chip to it's package. It's only noticeable gold content came from it's connector pins that were thinly gold-plated. However, the pins were gold-plated to a thickness of only 0.76 microns - that calculates to just around a few cents worth of gold value per CPU

World's 7th largest Sterlite Copper plant to shut down permanently   Grin

Sterlite Copper plant at Thoothukudi will be sealed permanently, says a Government Order issued by Environment and Forests department.This follows directions issued by Tamil Nadu Pollution Control Board (TNPCB) for closure and disconnection of power supply to the unit last week.The Government Order said, it is brought to the notice of the Government that TNPCB did not renew the Consent to Operate to Vedanta Limited, Copper Smelter Plant in its order on April 19, 2018. Subsequently on May 23, TNPCB issued directions for closure and disconnection of power supply to the unit. The power supply has been disconnected on May 24.

“Today, the main demand of the people is that the copper plant should be permanently closed. In keeping with their demand, it is shut now. I would like to make it clear that the Sterlite plant will be permanently shut,” Panneerselvam said.Describing the death of 13 people in the police firing as an “incident of grief which melted the hearts of everyone’’, Panneerselvam expressed his condolences to the kin of the dead and wished the injured a speedy recovery. Recalling the steps taken by the government for closing down the plant, he said way ago in 2013, the copper plant was shut by late Chief Minister J Jayalalithaa. However, Sterlite approached the National Green Tribunal and got orders for resuming operations and the government’s petition opposing this was still pending in the Supreme Court.

https://www.thehindubusinessline.com/news

Back to Gold in computers/laptops??
stompix
Hero Member
*****
Offline Offline

Activity: 952
Merit: 866



View Profile
July 06, 2018, 04:48:35 PM
 #34

For example, the Intel Pentium 4 Microprocessor came in an organic (non ceramic) package with a nickle-plated copper lid, & it did not use gold wire internally to attach the silicon chip to it's package. It's only noticeable gold content came from it's connector pins that were thinly gold-plated. However, the pins were gold-plated to a thickness of only 0.76 microns - that calculates to just around a few cents worth of gold value per CPU

World's 7th largest Sterlite Copper plant to shut down permanently   Grin

bla bla bla

Back to Gold in computers/laptops??

Old news from two months ago.

Reality:
http://www.mining.com/copper-price-takes-another-huge-hit/
Quote
The price of copper suffered its seventh straight day of declines on Thursday, losing more than 3% in New York to $2.8205 or $6,220 a tonne on the Comex market, its lowest level since July last year



You really like to avoid discussions when you're cut spreading fake information, do you?

Falmera
Jr. Member
*
Offline Offline

Activity: 280
Merit: 2


View Profile
July 06, 2018, 04:53:37 PM
 #35

Your point being?

Yes, gold is being used in electronics(not sure if they're still being used that much or if they're now using an alternative), in jewelry, etc, but can you easily store gold like you can easily access your bitcoin on your mobile phone? Can you easily transfer a million dollars worth of gold overseas without paying hefty hefty fees?

Comparing gold with bitcoin, both has their own pros and cons.
Thus, gold and bitcoin are closely similar to each other. But I do not see gold in the parts of computer, in the motherboard. Maybe that computer is very expensive for there is gold.

  ORVIUM            Open and Transparent Science
『 https://orvium.io/ 』   Powered By Blockchain
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
July 06, 2018, 04:58:02 PM
 #36

Thus, gold and bitcoin are closely similar to each other. But I do not see gold in the parts of computer, in the motherboard. Maybe that computer is very expensive for there is gold.

I got it wrong. Moderators please delete this thread.
rawr1620
Newbie
*
Offline Offline

Activity: 93
Merit: 0


View Profile
July 16, 2018, 03:46:43 PM
 #37

Devs run the block chain technology but that is the technicality. Gold is used in electronics but still Gold dont run the tech used in it.
jbruce82366
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
July 16, 2018, 03:47:36 PM
 #38

bitcoin with blockchain system or gold with blockchain system. both will compete today and in the future.
stompix
Hero Member
*****
Offline Offline

Activity: 952
Merit: 866



View Profile
July 19, 2018, 05:01:48 PM
 #39

Woah is this really true that gadgets like smarthphones, laptops and any other devices has its gold on it? Well if this maybe the case it is not only gold that will run blockchain technology because some parts of metals also being used to produced smartphones.

Smartphones don't run the blockchain...
Trying to run a full node on a smartphone is as useless as mining with a phone.

As for the first question, there is only a tiny amount, worth a few $.
If for those that plan on getting rich from it, just think, if the chip would require 200$ worth in gold, don't you think its going to cost at least 250$?
Same with the old computer chips, they were expensive as hell, a pentium pro started with the price of 3000$.

zxl912157
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250



View Profile
August 03, 2018, 03:28:22 AM
 #40

It is true that there are in the elctronic device there is certainly a gold content, such as Radio, Television and Smartphones, more precisely on the Motherboard.

But all of that needs a process to separate between gold and copper content, which requires certain chemical liquids and that is quite expensive than the gold that is on the motherboard, except that you have more than 100 pieces.
Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!