1 BTC = 1oz Gold

Discussion in 'Market Discussion' started by tuchronic, Jan 5, 2017.

1 BTC = 1oz Gold
  1. Unread #1 - Jan 5, 2017 at 11:55 PM
  2. tuchronic
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    1 BTC = 1oz Gold

    Gold today is worth about $1165.

    Bitcoin today is worth about $1095.

    All cryptos are rising very fast. It's amazing that shortly BTC has the possibility of surpassing gold on a 1oz-1 BTC value.

    BTC is getting a lot of attention this week since it passed $1000 per BTC value. This is pretty crazy imho. I wake up each day and see that BTC has moved another 5-15%. That's just NUTS!

    People are being made millionaires right now. Congrats to all the holders.
     
  3. Unread #2 - Jan 6, 2017 at 5:29 PM
  4. LooneyToon
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    1 BTC = 1oz Gold

    Now the price is down to under $900. I find it amazing that a digital currency can become as valuable as gold as well.

    I have no doubt that bitcoin will surpass gold, and one day, it will be permanently more valuable than gold.

    I just look forward to the day I can walk into a bitcoin buying shop and get cash in person. One day.
     
  5. Unread #3 - Jan 10, 2017 at 10:46 PM
  6. OrangeCounty
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    1 BTC = 1oz Gold

    Honestly I think it's because people are realizing that every monetary system on earth is faith based. At least BTC need to be mined
     
  7. Unread #4 - Jan 11, 2017 at 9:05 PM
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    1 BTC = 1oz Gold

    What are your guy's thoughts on the whole bitcoin situation in china now? Should we sell and run or stick it out?
     
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