What is the weight of a gold bar in bitcoin terms?

2 answers

• NoirCurlDec 12, 2022 · 3 years ago
  Well, if we're talking about the weight of a gold bar in bitcoin terms, it's important to note that bitcoin is a digital currency and doesn't have a physical weight. However, we can calculate the value of a gold bar in terms of bitcoin based on its current market price and the weight of the gold bar. This can be done by converting the weight of the gold bar into ounces or grams and then multiplying it by the current price of bitcoin. Keep in mind that the value of bitcoin is highly volatile, so the value of a gold bar in bitcoin terms can change rapidly.
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• Expedit AdonMay 22, 2023 · 2 years ago
  If you're looking for a more practical answer, let's assume that the weight of a standard gold bar is 400 troy ounces. To calculate its value in bitcoin, you would need to multiply the weight of the gold bar by the current price of bitcoin. For example, if the price of bitcoin is $50,000, the value of a 400 troy ounce gold bar in bitcoin terms would be 400 * 50,000 = 20,000,000. So, the weight of a gold bar in bitcoin terms would be 20 million bitcoins. Keep in mind that this is just a hypothetical calculation and the actual value may vary depending on the current price of bitcoin.
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