Post
Topic
Board Altcoin Discussion
Re: Is bitGOLD the most expensive cryptocurrency? Trading at around 5.5 BTC
by
caga
on 09/02/2015, 09:30:32 UTC
https://bter.com/trade/bitgld_btc

Since bitGOLD is a bitshares market pegged asset (whitepaper: http://docs.bitshares.org/content/) it means that it tracks the price of an ounce of gold very closely and should thus be worth around 1300 USD. I think I remember bitcoin briefly surpassed this price at the height of the bubble. Any other crypto ever came close? I realise price per unit is completely arbitrary but it's still interesting to see which one has the highest price.

The price dropped by 10% in the last 2 days, Seems like a risky coin now.
How is it trackin the price of gold, if people buying and selling manipulates the price ?