RadioReference on Facebook   RadioReference on Twitter   RadioReference Blog
 

Go Back   The RadioReference.com Forums > The RadioReference Tavern > Economics / Finance


Economics / Finance - So you did well in math but you slept through Economics 101?

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-03-2017, 4:53 PM
Member
  Premium Subscriber
Premium Subscriber
 
Join Date: Feb 2012
Posts: 1,878
Default US - Bitcoin value tops gold for first time

"A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is being attributed to surging demand in China, where authorities warn it is used to channel money out of the country. The past months' surge is a major reversal for Bitcoin, which plummeted in value in 2014 after the largest exchange collapsed..." - BBC.com

Bitcoin value tops gold for first time -- BBC.com
__________________
73 QDP
Reply With Quote
Sponsored links
  #2 (permalink)  
Old 03-03-2017, 6:22 PM
Member
  Premium Subscriber
Premium Subscriber
Amateur Radio Operator
Amateur Radio
 
Join Date: Dec 2015
Location: Woodlands, MB
Posts: 669
Default

I took a chance back in May of 2014.. I paid $430 for one Bitcoin just to say I owned one. I never really thought of it as an investment.

Now they're trading at around $1290... Shoulda bought a bunch of them

I'm letting it ride. But it's still a crap shoot... Who knows what will happen if another exchange gets hacked?
Reply With Quote
  #3 (permalink)  
Old 12-05-2017, 7:36 PM
Member
   
Join Date: Jun 2016
Location: UK
Posts: 69
Default

Is it correct that there is a limited amount of Bitcoins that can be created?

21 million according to an internet search and the current amount created is around 12 million?

So roughly around half have been created?

I guess you could read that as plenty more fish in the sea to harvest from an investment point of view?

Or does it mean it's had it's day?

Also when the final Bitcoin is created do they really all destruct?

Bring back wampum i say.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 3:52 PM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
All information here is Copyright 2012 by RadioReference.com LLC and Lindsay C. Blanton III.Ad Management by RedTyger
Copyright 2015 by RadioReference.com LLC Privacy Policy  |  Terms and Conditions