Hardly anymore, in 2008 the LBMA OTC daily volume for silver is only something like USD 2-3 billion, http://www.lbma.org.uk/pages/index.cfm?page_id=50 , but keep in mind this is because silver is in a bear market, when Bitcoin was in a bear market its volume also went much higher, judging by this we could estimate that XBT has a little more than half the size of global silver market, which could not be called 'negligible' anymore.

crazy LTC price, sold 20% of my LTC holdings, this is a bubble

Anyway, exciting times. Imagine the media headlines when BTC reaches gold parity!!

We're all on parity watch.

Ironic we might hit on Thanksgiving?

Santa Claus might be more appropriate.

Man, what a culmination to this thread.

Platinum's next on the hit list.



http://www.xe.com/currencycharts/?from=XPT&to=XBT

there is already a speculation thread
https://bt.irlbtc.com/view/336761.0

Probably will hit gold parity within the next hour.

I prefer BitcoinAverage for a global perspective.

Central banks are killing themselves by obscuring gold & silver values through derivatives. They're damned no matter what they do now; the transition is accelerating.