Post
Topic
Board Bitcoin Discussion
Re: $10,000 Bet that Bitcoins will outperform Gold, Silver by 100X !!!
by
BTCSports
on 04/08/2011, 10:00:35 UTC
I have absolute faith in Bitcoin and the concept behind it but still may be interested in the bet.  I do need you need to be a little more clear.

Quote
I'm willing to bet $10,000 USD or equivalent in Bitcoins, that over the next 2 years, Bitcoins will not only outperform the stock market, Gold, Silver, and the US dollar, but Bitcoins will do it by more than 100 times.

Please define outperform?  To say that Bitcoin will outperform the stock market (which index), Gold (relative to what), Silver (relative to what) and the US Dollar (relative to what) is very vague.  Also you are measuring the performance of Bitcoin relative to what?  Does Bitcoin have to outperform whichever of the above four performs the best over the next two years?

My opinion is that you are setting yourself up for failure saying that Bitcoin will outperform all of the above by 100x as the USD is inversely correlated to Silver and Gold.