Bitcoin to Gold to Silver RatiosteemCreated with Sketch.

in #bitcoin7 years ago (edited)

The Bitcoin ratio's are larger than I ever expected.

One of the big ratio's to determine if Gold is expensive or cheap is to compare it to with silver.
1 Bitcoin = $3,440
1 Ounce of Gold = $ 1,260
1 Ounce of Silver = $ 16.28
1 Steem = $ 1.30

Calculate Comparisons

1 Bitcoin = 2.73 Ounces of Gold
1 Ounce of Gold = 77.4 Ounces of Silver
1 Bitcoin = 211.30 Ounces of Silver
1 Bitcoin = 2,646 Steem

Where numbers get Crazy

5,820,203,717 ordinary ounces of Gold Exist
21,000,000 Bitcoin could ever exist (not accounting for splits)

There are 277 ounces of gold that exist for every bitcoin which could ever exist. This would account for all bitcoins being created and none of them ever lost.

Note: These numbers could change and maybe even are different on different sites. However, this is designed to be a comparison to put things in perspective.

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what is the Bitcoin Gold ratio today?

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