But yeah you are right. Stupid article. These things are usually iron and nickel rich metal. The price of nickel would drop pretty fast if a few billion tons of it hit the market.
Even if it was 100% gold. Hell, especially if it was 100% gold. At that point the cheapest and best wiring would be gold and no one would be building houses with copper wire again
Damn. Really? This whole time I thought it was so loved because of it's conductivity. Isn't it used in CPUs? Is that again because of the lack of corrosion? I could see having something not build up like that would be better than the conductivity improvements.
Gold can be drawn into extremely fine wire. That allows for a high connection density between the actual chip and the carrier. Its self-welding properties allow those connections to be made with minimal heat.
It also discounts the cost of GETTING it all here. The cheapest way to get it here would literally be a few billion tons of it hitting the market, at which point the price of nickel would literally be nonexistant because anything that survives the event would lack the concept of what "price" and "Nickel" is.
If we decide to bring it down SAFELY, well, imagine all the fuel cost for safe re-entry. Water Landings would be out of the question, what with Nickel sinking, and then we'd need to build submarine mining solutions...
Sadly, where we are right now, all that Space Wealth is actually totally worthless Space Crap. Space Crap of NEGATIVE worth, what with the cost of having to build systems capable of receiving it. Without a Space Elevator to launch mining operations from, we'd never even be able to break even.
This is what I call an "Interesting" article. In that I read it and go, "Hey, that's an interesting thing," and then return to reality. Because it's exactly as interesting, and real in the sense of changing our world, as an article about the Leprechaun who won the Unicorn Race by riding on a Boxing Kangaroo.
This is one of things I loved most about Trump. He was leading the development of space travel and allowing private companies like spaceX to lead the charge in R&D to work hand in hand with NASA.
Now Biden will scrub all of it to make sure gender re-assignment surgeries are safe and free for Pakistan.
Manageable chunks would still either burn up in re-entry or slam into the ground with the kind of impacts that we'd be causing a lot of destruction with. In the water, we'd get Tsunami. On the land, we'd be making craters and burying the stuff we just dropped, necessitating mining them again, this time from the earth. During which point we can't drop any more, what with people in the LZ digging up the previous drop.
not only that but "bringing it here" is totally technologically impossible at this point and likely will be for a LONG TIME. so really it doesnt matter how much its 'worth'.
you might as well estimate the mineral content of the entire universe and marvel and its dollar value.
A while back I was discussing cosmology with some reddit fedora-tippers and told them that somewhere out there was a planet made of diamond and Jesus said I could have it. Naturally this claim was mocked, but then NASA found one. I was like, sweet. Now all I have to do is go get it.
HA. Are you the other guy who read that book when it came out 25 years ago? Clarke called it "the ultimate jest" or something like that. The funny thing is that diamond is only diamond if it exists at STP. If you programmed a monolith to remove a kg of Jupiter's core and place it somewhere at the surface of Tycho Crater, would it still be diamond?
lmao, I am the other guy! I remember my family bringing me to some thing that a kid was supposed to love, but instead I sat on the blanket on the grass and read that, waiting for the thing that they were trying to get me into to end.
Not by any stretch the greatest scifi novel, and honestly even then I was picking at the inconsistencies with the previous books in the series, but I'm glad to have read it.
I read 2010, and then 3001 came out. I told my mother that the book was dragging on and on, and she told me that Clarke was old and that someone had probably paid him a lot of money to write a book that he was uninterested in writing. Small world. They should have subtitled it "Frank Poole's Thousand Year Hospital Stay" or something like that.
It rains diamonds the size of cars on Uranus (no joke intended). Carbon crystals are not rare. They are only expensive because Debeers controls the market and artificially inflates the price.
Yeah, there's lots of cool stuff being forged in the crucibles of the stars. I figured it was a pretty safe bet, based in science more than faith, I just like fucking with the redditards.
I tried to argue a similar point with someone once. Arguing that diamonds actually aren't rare at all and there are several companies artificially creating scarcity to pump up the prices. It was like talking to a brick wall. Gold is rare on earth. On earth it's rare. Harvest one those asteroids and that's over.
I hope you realize every product we buy came from the natural world (trees, rocks, sand, etc). Refining and combining them into something usable and scarce is what makes things valueable.
Inflation would be fixed, just do something like the bretton wood accord set the value of gold at $250 an ounce and we will be prosperous overnight with the gold standard. we'd get new $1 gold coins. Public debt would be eliminated as well as government debt. It'd be pretty sweet.
I guess thats the reason they put this story out now. People are just starting to pile into the silver market and they must be desperate to keep price down.
Because most shit is extrapolated off of boring ass data. Knowing what things are made of at a distance usually relies of absorption spectroscopy and comparing it to known substances.
What do you think Trump has been talking about?
Space is rich. Here, on Earth, there's no 'rich' - it's just breathing in the same atmosphere from your ancestors of 10,000+ years ago.
The only way to get to space is UNITY, not TYRANY, or FALSE SONGS OF GLOBALISM.
But people don't get that. They keep fighting the stupid fights. Keep being faggots, throwing their shit in people's faces. "muh control" "muh power", "Where's your crown, King Nothing"?
And here we are, stuck breathing in the shitty atmosphere. They say masks are tyranny, I say this polution that no one does anything about, is the real tyranny.
I'll add PROOF - what was one of Biden's first fucked up Orders? Fuck with Ellon Musk, SpaceX, the HUMAN RACE's, AMERICA's, SPACE DIVISION?
We ain't going NOWHERE. We ain't gettin NOTHING. :/ At least, so long as these 'threats' remain.
IMHO, the purpose of Trumps space force was to redirect the military industrial complex into productive capitalist activities like this, instead of constant wars.
Rest assured this asteroid will maintain its value for now. Bidens DoJ is investigating SpaceX now for hiring practices. SpaceX is being accused of hiring Americans over foreign applicants. Ironically SpaceX has to follow strict hiring practices guidelines because of ITAR rules for companies producing products vital and sensitive for national defense.
NASA and the private space industry will definitely be pushed to the back burner under
Xiden. They are already talking about cancellation of of SLS projects. Whether you agreed with SLS concept or not the impetuous to push for the US pushing for getting back to the moon looks like it’s being delayed or canceled. Xiden and friends do have one area the will be pushing regarding space policy. It looks like they will re-emphasize climate science again. Under Trump NASA and the private space industry was emphasizing putting America back into the launch and exploration businesses. Under Obama NASA was mainly concerned with emphasizing and supporting climate science.
Can you imagine what it will be like when we finally are allowed to explore space as private citizens? Imagine mining one of these things and bringing back a haul that could set you up for life.
But if we ever got to that point, I doubt money would be worth anything and you'll only make like roughly 60 or 70k
it is only worth that much because we don’t have it here
if we had it, the value would go down so much it would e worth almost nothing if the elements in it were as common as its presence here would make it
unless one person caught it and kept it for themselves
Debeers could handle the marketing.
But yeah you are right. Stupid article. These things are usually iron and nickel rich metal. The price of nickel would drop pretty fast if a few billion tons of it hit the market.
Even if it was 100% gold. Hell, especially if it was 100% gold. At that point the cheapest and best wiring would be gold and no one would be building houses with copper wire again
electrical conductivity of gold is 70% of copper. gold is plated on electronics to prevent corrosion
Damn. Really? This whole time I thought it was so loved because of it's conductivity. Isn't it used in CPUs? Is that again because of the lack of corrosion? I could see having something not build up like that would be better than the conductivity improvements.
Gold can be drawn into extremely fine wire. That allows for a high connection density between the actual chip and the carrier. Its self-welding properties allow those connections to be made with minimal heat.
I believe silver is more conductive than copper, but it struggles with oxidation too. The best wire would be gold coated silver.
Or gold-pressed latinium. ;)
Latinum is liquid, so no. Silver would make the best wire.
How about platinum-plated silver? Assuming platinum is more resistant to corrosion that gold
We would all have gold hollow points then.
shhh. smoothbrains. don't hurt their fee fees
Nah. Dude's cool. I never knew that and happy I was corrected.
saying that is the equivalent of a caveman calling you a smooth brain because you cant knapp flint rocks
Unironically proving how retarded you are considering how hard knapping really is.
woooshh
This really makes me want to play some space engineers or elite dangerous again.
Have a look at starsector it's like mount and blade in space 😁
It also discounts the cost of GETTING it all here. The cheapest way to get it here would literally be a few billion tons of it hitting the market, at which point the price of nickel would literally be nonexistant because anything that survives the event would lack the concept of what "price" and "Nickel" is.
If we decide to bring it down SAFELY, well, imagine all the fuel cost for safe re-entry. Water Landings would be out of the question, what with Nickel sinking, and then we'd need to build submarine mining solutions...
Sadly, where we are right now, all that Space Wealth is actually totally worthless Space Crap. Space Crap of NEGATIVE worth, what with the cost of having to build systems capable of receiving it. Without a Space Elevator to launch mining operations from, we'd never even be able to break even.
This is what I call an "Interesting" article. In that I read it and go, "Hey, that's an interesting thing," and then return to reality. Because it's exactly as interesting, and real in the sense of changing our world, as an article about the Leprechaun who won the Unicorn Race by riding on a Boxing Kangaroo.
This is one of things I loved most about Trump. He was leading the development of space travel and allowing private companies like spaceX to lead the charge in R&D to work hand in hand with NASA.
Now Biden will scrub all of it to make sure gender re-assignment surgeries are safe and free for Pakistan.
Trap it in orbit. Break off manageable chunks and fling them towards the pacific or designated LZ in Nevada or something.
Manageable chunks would still either burn up in re-entry or slam into the ground with the kind of impacts that we'd be causing a lot of destruction with. In the water, we'd get Tsunami. On the land, we'd be making craters and burying the stuff we just dropped, necessitating mining them again, this time from the earth. During which point we can't drop any more, what with people in the LZ digging up the previous drop.
Don't tell DeBeers, they'll get ideas
not only that but "bringing it here" is totally technologically impossible at this point and likely will be for a LONG TIME. so really it doesnt matter how much its 'worth'.
you might as well estimate the mineral content of the entire universe and marvel and its dollar value.
Exactly
A while back I was discussing cosmology with some reddit fedora-tippers and told them that somewhere out there was a planet made of diamond and Jesus said I could have it. Naturally this claim was mocked, but then NASA found one. I was like, sweet. Now all I have to do is go get it.
Thats probably what Musk has been up to and why the newly installed leaders administration shut that shit down immediately...
They better not be fucking with my rock. It's not my fault that God loves me more. Maybe next time they won't be so mean.
"Somewhere" there's a planet made of Diamond? Brother, it's called "Jupiter," and I could point to it right now.
Nah, it's gonna be some sort of dense material at its core, but I doubt diamond. I'm just referencing 3001: The Final Odyssey.
But yeah, Diamond Planet is all yours, man.
HA. Are you the other guy who read that book when it came out 25 years ago? Clarke called it "the ultimate jest" or something like that. The funny thing is that diamond is only diamond if it exists at STP. If you programmed a monolith to remove a kg of Jupiter's core and place it somewhere at the surface of Tycho Crater, would it still be diamond?
lmao, I am the other guy! I remember my family bringing me to some thing that a kid was supposed to love, but instead I sat on the blanket on the grass and read that, waiting for the thing that they were trying to get me into to end.
Not by any stretch the greatest scifi novel, and honestly even then I was picking at the inconsistencies with the previous books in the series, but I'm glad to have read it.
I read 2010, and then 3001 came out. I told my mother that the book was dragging on and on, and she told me that Clarke was old and that someone had probably paid him a lot of money to write a book that he was uninterested in writing. Small world. They should have subtitled it "Frank Poole's Thousand Year Hospital Stay" or something like that.
It rains diamonds the size of cars on Uranus (no joke intended). Carbon crystals are not rare. They are only expensive because Debeers controls the market and artificially inflates the price.
Yeah, there's lots of cool stuff being forged in the crucibles of the stars. I figured it was a pretty safe bet, based in science more than faith, I just like fucking with the redditards.
I tried to argue a similar point with someone once. Arguing that diamonds actually aren't rare at all and there are several companies artificially creating scarcity to pump up the prices. It was like talking to a brick wall. Gold is rare on earth. On earth it's rare. Harvest one those asteroids and that's over.
So this whole time we were asking about trees, but it turns out money actually grows on asteroids! Silly us!
fruit grows on trees and it can be sold, so technically...
I hope you realize every product we buy came from the natural world (trees, rocks, sand, etc). Refining and combining them into something usable and scarce is what makes things valueable.
you could also just sell the tree.
true, and technically even trees grow on trees
Gold would tank.
Inflation would be fixed, just do something like the bretton wood accord set the value of gold at $250 an ounce and we will be prosperous overnight with the gold standard. we'd get new $1 gold coins. Public debt would be eliminated as well as government debt. It'd be pretty sweet.
I guess thats the reason they put this story out now. People are just starting to pile into the silver market and they must be desperate to keep price down.
True, but I could finally afford that gold toilet I been wanting since 1987.
This is clearly CGI. Why can't they ever show us a real photograph?
Because most shit is extrapolated off of boring ass data. Knowing what things are made of at a distance usually relies of absorption spectroscopy and comparing it to known substances.
Ah, so we have to take their word for it. When is the last time you trusted a government agency with insane amounts of funding?
Looks like the Death Star after Biden gets done ruling it for 8 years
Silence bigot! This death star is transitioning to a death moon (loon/luna)
Funnier if they said $600 but yes very true
Hopefully they don’t find oil on it
Man! Could you imagine how much money Israel would have!
Ouch, right in the feels bro....
The earth itself is worth more.
CGI
What do you think Trump has been talking about? Space is rich. Here, on Earth, there's no 'rich' - it's just breathing in the same atmosphere from your ancestors of 10,000+ years ago. The only way to get to space is UNITY, not TYRANY, or FALSE SONGS OF GLOBALISM. But people don't get that. They keep fighting the stupid fights. Keep being faggots, throwing their shit in people's faces. "muh control" "muh power", "Where's your crown, King Nothing"? And here we are, stuck breathing in the shitty atmosphere. They say masks are tyranny, I say this polution that no one does anything about, is the real tyranny.
I'll add PROOF - what was one of Biden's first fucked up Orders? Fuck with Ellon Musk, SpaceX, the HUMAN RACE's, AMERICA's, SPACE DIVISION?
We ain't going NOWHERE. We ain't gettin NOTHING. :/ At least, so long as these 'threats' remain.
IMHO, the purpose of Trumps space force was to redirect the military industrial complex into productive capitalist activities like this, instead of constant wars.
Pakistan would end up with half of it....
...on the same day they execute a transgender by trial of bricks
Asteroid mining will be such an amazing industry.
The revival of US space research and exploration by Prez Trump is one of the prime reasons for my support of him.
Rest assured this asteroid will maintain its value for now. Bidens DoJ is investigating SpaceX now for hiring practices. SpaceX is being accused of hiring Americans over foreign applicants. Ironically SpaceX has to follow strict hiring practices guidelines because of ITAR rules for companies producing products vital and sensitive for national defense.
NASA and the private space industry will definitely be pushed to the back burner under Xiden. They are already talking about cancellation of of SLS projects. Whether you agreed with SLS concept or not the impetuous to push for the US pushing for getting back to the moon looks like it’s being delayed or canceled. Xiden and friends do have one area the will be pushing regarding space policy. It looks like they will re-emphasize climate science again. Under Trump NASA and the private space industry was emphasizing putting America back into the launch and exploration businesses. Under Obama NASA was mainly concerned with emphasizing and supporting climate science.
If they could catch that it would CRASH the metals market and make things a million times worse...
Can you eat metal?
Then all that is ... is just a worthless piece of futures
All that effort for a lousy six bucks?
Even PEDOTUS offered 2 grand, now 1400.
Anyway, NASA is bullshit - I thought we agreed?
but hey $6 is actually quite a lot
Can you imagine what it will be like when we finally are allowed to explore space as private citizens? Imagine mining one of these things and bringing back a haul that could set you up for life.
But if we ever got to that point, I doubt money would be worth anything and you'll only make like roughly 60 or 70k
Just an interesting shower thought.
oO
You know how many lottery tickets you could buy with that?
More likely you hitch a ride on it and mine it and use it to build structures in space.