What happens to Manipulated Commodity Prices?

Started by fuzzy, January 20, 2014, 10:15:06 PM

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fuzzy

Interesting thought.  Looking forward to seeing how this will play out.
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CWEvans

Quote from: fuznuts on January 20, 2014, 10:15:06 PM
What happens to Manipulated Commodity Prices when BitShares and other crypto-markets open up?  Will Silver and Gold, in particular, go up in price as the Crypto-Equity markets slowly gain traction and grow to encompass Wall Street in their Shadow?

The short answer is: The only way to find out is to run the experiment.

However, it is entirely possible that, if some sellers of physical gold accepted 1 oz. BitGold in payment for XAU 1.00, the BitGold might continue to trade at a premium, because of it is easy to hide, transfer, and store, unlike physical bars of gold.

fuzzy

What happens to Manipulated Commodity Prices when BitShares and other crypto-markets open up?  Will Silver and Gold, in particular, go up in price as the Crypto-Equity markets slowly gain traction and grow to encompass Wall Street in their Shadow?

Interested on peoples' take.
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D