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Author Topic: BTC > GOLD place your bets!  (Read 1424 times)
Hexadecibel
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I still <3 u Satoshi


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February 08, 2012, 01:23:42 AM
 #1

Im going to give 10BTC to whoever most accurately predicts when Bitcoins outperform gold.

Edited posts do not qualify Wink

For a pat on the back im going to guess 2029, april 18th.

Good luck!
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Qoheleth
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Spurn wild goose chases. Seek that which endures.


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February 08, 2012, 01:28:04 AM
 #2

Define "outperform".

I mean, I assume you're talking about appreciation rates, since we already have a contest about when 1BTC crosses 1oz troy. But appreciation over what scale?

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
Hexadecibel
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February 08, 2012, 01:34:18 AM
 #3

Awwww ... yeah, 1 BTC = 1oz was what I was going for... now im sad.
Qoheleth
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February 08, 2012, 01:36:29 AM
 #4

Awwww ... yeah, 1 BTC = 1oz was what I was going for... now im sad.
You can always add your 10BTC to the prize pool!

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
gewure
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[#][#][#]


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February 08, 2012, 01:39:31 AM
 #5

13. november 2017

 Kiss
RyNinDaCleM
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February 08, 2012, 01:54:52 AM
 #6

Awwww ... yeah, 1 BTC = 1oz was what I was going for... now im sad.

I was going to say;
IIRC, it has already outperformed every asset/commodity/stock ever devised. Back in June '11, BTC was up something along the lines of 33,000% in one year.

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February 08, 2012, 02:15:42 AM
 #7

10 BTC for the best guess, and when it actually happens the 10BTC could very well be worth $30,000 USD! Um, I'd say off hand "never", but then I can't win anything, so let's say April 19, 2029 just so that I'm one day after Hexadecibel!  Tongue

adamstgBit
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February 08, 2012, 02:23:40 AM
 #8

April 13th, 2020

TTBit
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February 08, 2012, 02:23:46 AM
 #9

"TTBit guesses BTC>Gold on April 15th, 2014"

has been entered into the blockchain

sha("TTBit guesses BTC>Gold on April 15th, 2014") = 2b84d2e8e6354b3a5e287db8b4208a95f6322f302480cb0b8dd1e296dd8b8e52 = 136Am6E2PQbTwHyN7fba3rtSLy1HHpybYX

sent 0.0001 coins.

good judgment comes from experience, and experience comes from bad judgment
StewartJ
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February 08, 2012, 02:45:57 AM
 #10

Did it not outperform silver at some point last year, if not for a brief shining moment?

 Cheesy
jojo69
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February 08, 2012, 06:33:58 AM
 #11

uhh, never

when do I collect?

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
realnowhereman
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February 08, 2012, 08:32:39 AM
 #12

uhh, never

when do I collect?
The day after that.

1AAZ4xBHbiCr96nsZJ8jtPkSzsg1CqhwDa
jago25_98
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February 09, 2012, 01:11:23 PM
 #13

I bet that next week, Monday the 13th Bitcoin will 'perform' better than gold for 8 hours.

(!)
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February 17, 2012, 11:40:19 AM
 #14

January 7th, 2017
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