cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 06:09:21 AM |
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Gold Parity, here we come.
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vokain
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Activity: 1834
Merit: 1019
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November 17, 2013, 06:25:04 AM |
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Gold Parity, here we come.
kinda weird to think about after all these years... what's after that? |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 06:31:40 AM |
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Gold Parity, here we come.
kinda weird to think about after all these years... what's after that? The Moon? |
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oakpacific
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November 17, 2013, 06:33:02 AM |
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Gold Parity, here we come.
kinda weird to think about after all these years... what's after that? We don't know, we happen to live in a time that's fundamentally different from any preceding it, for the last 600 or so years, right after the institution of banking was created. |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 12:30:34 PM |
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Gold collapsing. Bitcoin UP.
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 12:41:43 PM |
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Zerg, 500 is a milestone.
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vokain
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Activity: 1834
Merit: 1019
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November 17, 2013, 02:04:49 PM |
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Gold Parity, here we come.
kinda weird to think about after all these years... what's after that? We don't know, we happen to live in a time that's fundamentally different from any preceding it, for the last 600 or so years, right after the institution of banking was created. Singularity  |
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Omikifuse
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Activity: 1750
Merit: 1009
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November 17, 2013, 02:17:44 PM |
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seriously, gold has nothing to do with Bitcoin.....
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vokain
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Activity: 1834
Merit: 1019
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November 17, 2013, 02:21:08 PM |
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seriously, gold has nothing to do with Bitcoin.....
Got your thesis, now where's the evidence and argument? Thought so... |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 07:38:09 PM |
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thezerg
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Activity: 1246
Merit: 1010
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November 17, 2013, 07:44:09 PM |
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Zerg, 500 is a milestone.
absolutely but must wait 6 more hrs... sorry! |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 17, 2013, 07:45:25 PM |
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Zerg, 500 is a milestone.
absolutely but must wait 6 more hrs... sorry! slackin |
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thezerg
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Activity: 1246
Merit: 1010
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November 18, 2013, 01:50:23 AM |
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Zerg, 500 is a milestone.
absolutely but must wait 6 more hrs... sorry! slackin  the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4): Bitcoin is 542.00 (555.82 btcChina in USD). Gold is 1286.00. Nasdaq is 3985.97 Bitcoin: 9937.04% (10193.04%) Gold: -23.91% Nasdaq: 30.47% Gold Diff: 13090% advantage BitcoinNasdaq Diff: 7593% advantage Bitcoin |
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dominicwin
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Activity: 84
Merit: 10
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November 18, 2013, 02:34:24 AM |
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I have a Gold IRA and have no intentions of getting rid of it. Personally I think Gold is safer and Bitcoin is the riskier side of my investing although I LOVE LOVE LOVE bitcoin (at the moment) haha. The key word though is always Diversify!
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AndrewWilliams
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Activity: 182
Merit: 100
Fourth richest fictional character
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November 18, 2013, 02:59:49 AM |
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Damn, when will it ever stop?  Maybe - It - can't - be - stopped!  |
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oakpacific
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November 18, 2013, 03:57:10 AM |
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Currently, the Bitcoin network consumes about 5M-6M joules per second, which means that each Bitcoin will take about 5.5MW*600s/25=1.28*10^8 J to create, using the mass-energy equation, 1 gram of gold/silver, or any matter can be converted to about 9*10^13 J of energy, but gold/silver ceases to be different from any other matter at elementary particles stage, so the energy ratio could be much smaller, and likely to go to 1 should the Bitcoin price increases another thousand fold. The fiat money en
SHA256 used in mining is like the Horcrux of Bitcoin, should it not be broken(the one used in address hashing can be replaced), Bitcoin remains very real like matter despite being virtual.
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 18, 2013, 10:00:43 AM |
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Gold collapsing. Bitcoin UP.
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justusranvier
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Activity: 1400
Merit: 1009
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November 18, 2013, 10:10:37 AM |
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Added another week's worth of data:  |
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justusranvier
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Activity: 1400
Merit: 1009
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November 18, 2013, 10:14:49 AM |
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For the first time ever, one ounce of gold buys less than 3 bitcoins.
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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November 18, 2013, 10:15:02 AM |
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