Post
Topic
Board Speculation
Re: BTC price shooting up to $24/BTC
by
3phase
on 13/02/2013, 08:35:39 UTC
The supply of Gold is nigh infinite with electric powered particle accelerators. 

And you would spend how many millions of $ to produce one ounce of gold?

Or do you believe that gold can go above 1M$/ounce and make the process profitable? If that happens, do you understand how much this gold-producing equipment would cost? And who would care about $ anyway in such a case?

Gold's supply is limited and will be for at least the lives of our generation and our children's generation.