$700 Quintillion metal asteroid being studied by NASA

TiMSport · 08-11-2021, 03:35 PM

Okay I'm hoping someone with at least a little bit of knowledge of astronomy or even geology can help me understand this a bit more. Obviously the headline grabbed my attention because for one, you don't often hear "quintillion" thrown around. Add to that an asteroid that is being studied... well I clicked on it.

This is the link to the article but I couldn't find any details as to how they came up with such a figure in terms of value. Fascinating no matter what. I can see this being a theme for a future movie.

https://nerdist.com/article/nasa-stu...llion-dollars/

What kind of metal could be found on this asteroid is the first thing that came to mind.

dreamingat30fps · 08-11-2021, 05:34 PM

Wouldn't the price of whatever it's made of take a dump when you bring $700 quintillion of it to the market.

TiMSport · 08-11-2021, 06:27 PM

Most people wouldn't even know how much that is!
Just imagine if there were rare metals on that asteroid, like the shit that makes cat converters. Lol.

M_Six · 08-11-2021, 06:32 PM

Just send up Bruce Willis, Steve Buscemi, and the rest of the gang. They can mine it.

vreihen16 · 08-11-2021, 06:34 PM

Mostly iron and nickel from what I've read, with possible lesser quantities of gold and platinum for the catalytic converter thieves.....

TiMSport · 08-11-2021, 06:36 PM

Quote:

Originally Posted by vreihen16

Mostly iron and nickel from what I've read, with possible lesser quantities of gold and platinum for the catalytic converter thieves.....

Hmm so no Rhodium or Palladium?

rwheels · 08-11-2021, 08:20 PM

So we get to it; the problem, as I see it, is this.

premier3is · 08-11-2021, 09:01 PM

Quote:

Originally Posted by dreamingat30fps

Wouldn't the price of whatever it's made of take a dump when you bring $700 quintillion of it to the market.

It would basically change the value we know of currency lol.

I've read about this asteroid, but I have a hard time believing we would ever mine it in its entity, or even start anytime soon.

TiMSport · 08-11-2021, 09:08 PM

It's fascinating though knowing people are actually studying this.

evil-G-nius · 08-11-2021, 10:36 PM

I saw this earlier too and what it didn't state, I guess cuz they don't really know, is exactly what metal(s) are present. Unless I missed it. I guess they are just value basing it on today's market for whatever they think the ting is made of

upstatedoc · 08-12-2021, 12:41 AM

I am currently creating a "target" in my backyard for the astroid. You'll read about it in the papers

NorCalAthlete · 08-12-2021, 02:23 AM

Whatever we mine will be easier put to use in space.

I'm actually kind of surprised Elon isn't already working on Musk Drive Yards as an orbital spaceship building station.

King Rudi · 08-12-2021, 07:05 AM

Man, this is interesting and all; but there is a guy in the dating thread that has three girlfriends and a dog!

TiMSport · 08-12-2021, 09:38 AM

Quote:

Originally Posted by King Rudi

Man, this is interesting and all; but there is a guy in the dating thread that has three girlfriends and a dog!

And is a professional athlete (at 55?) with 10 cars.

TiMSport · 08-12-2021, 10:26 AM

I was giving this a bit more thought and joked about the rare metals such as Rhodium and Palladium but it occurred to me that we don't have nearly enough metals that are found in EV batteries like lithium, cobalt, graphite, nickel and copper. Much of these valuable materials are controlled by the likes of China on the global market and if we (US) are going to electrify most cars within the next decade or so, we need to find a solution regarding materials.

So, if that metal asteroid contains some of these desirable materials, it's going to be an all out war! As I said, a movie will be in the works.

08-11-2021, 03:35 PM	#1
TiMSport Banned 12803 Rep 2,983 Posts Drives: '21 M340i xDrive, '17 Audi S3 Join Date: Feb 2021 Location: ATL iTrader: (0)	$700 Quintillion metal asteroid being studied by NASA Okay I'm hoping someone with at least a little bit of knowledge of astronomy or even geology can help me understand this a bit more. Obviously the headline grabbed my attention because for one, you don't often hear "quintillion" thrown around. Add to that an asteroid that is being studied... well I clicked on it. This is the link to the article but I couldn't find any details as to how they came up with such a figure in terms of value. Fascinating no matter what. I can see this being a theme for a future movie. https://nerdist.com/article/nasa-stu...llion-dollars/ What kind of metal could be found on this asteroid is the first thing that came to mind.
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08-11-2021, 05:34 PM	#2
dreamingat30fps Lieutenant Colonel 5330 Rep 1,912 Posts Drives: Miata, Cayenne, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	Wouldn't the price of whatever it's made of take a dump when you bring $700 quintillion of it to the market.
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08-11-2021, 06:27 PM	#3
TiMSport Banned 12803 Rep 2,983 Posts Drives: '21 M340i xDrive, '17 Audi S3 Join Date: Feb 2021 Location: ATL iTrader: (0)	Most people wouldn't even know how much that is! Just imagine if there were rare metals on that asteroid, like the shit that makes cat converters. Lol.
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08-11-2021, 06:32 PM	#4
M_Six Free Thinker 16964 Rep 7,455 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	Just send up Bruce Willis, Steve Buscemi, and the rest of the gang. They can mine it. __________________ Mark markj.pics "There is no shame in dropping fruit in your glass." -UncleWede
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08-11-2021, 06:34 PM	#5
vreihen16 Recovering Perfectionist 15279 Rep 941 Posts Drives: 2015 BMW i3 BEV Join Date: Jun 2019 Location: Orange County, NY iTrader: (0) Garage List 2014 Mighty Freight ... [0.00] 2015 BMW i3 BEV [0.00] 2000 Audi TT Quattro [0.00] 1967 Formula Vee [0.00]	Mostly iron and nickel from what I've read, with possible lesser quantities of gold and platinum for the catalytic converter thieves..... __________________ 2015 BMW i3 BEV, Giga World (Lodge interior), Tech/Driving Assist Packages, 30K miles
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08-11-2021, 08:20 PM	#7
rwheels Major 7067 Rep 1,021 Posts Drives: E93 M3 Join Date: May 2020 Location: California iTrader: (0)	So we get to it; the problem, as I see it, is this. Attached Images
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08-11-2021, 09:08 PM	#9
TiMSport Banned 12803 Rep 2,983 Posts Drives: '21 M340i xDrive, '17 Audi S3 Join Date: Feb 2021 Location: ATL iTrader: (0)	It's fascinating though knowing people are actually studying this.
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08-11-2021, 10:36 PM	#10
evil-G-nius Broke A$$ Super Hero 2215 Rep 248 Posts Drives: Infiniti G37 S Coupe Join Date: Jan 2021 Location: PSL Florida iTrader: (0)	I saw this earlier too and what it didn't state, I guess cuz they don't really know, is exactly what metal(s) are present. Unless I missed it. I guess they are just value basing it on today's market for whatever they think the ting is made of
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08-12-2021, 12:41 AM	#11
upstatedoc I'll get back to you 7562 Rep 2,132 Posts Drives: blue streak Join Date: Dec 2009 Location: not downstate iTrader: (2)	I am currently creating a "target" in my backyard for the astroid. You'll read about it in the papers __________________ 2018 Stinger GT 2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/ Countermeasure enthusiast.
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08-12-2021, 02:23 AM	#12
NorCalAthlete Lieutenant Colonel 3191 Rep 1,667 Posts Drives: '23 M4CX - Tanzanite / Tartufo Join Date: Aug 2014 Location: Bay Area, CA iTrader: (0)	Whatever we mine will be easier put to use in space. I'm actually kind of surprised Elon isn't already working on Musk Drive Yards as an orbital spaceship building station. __________________ Ego is the anesthesia that deadens the pain of stupidity. The single biggest problem in communication is the illusion that it has taken place. Wheel horsepower is just crank horsepower after taxes. IG: EmFore_650
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08-12-2021, 10:26 AM	#15
TiMSport Banned 12803 Rep 2,983 Posts Drives: '21 M340i xDrive, '17 Audi S3 Join Date: Feb 2021 Location: ATL iTrader: (0)	I was giving this a bit more thought and joked about the rare metals such as Rhodium and Palladium but it occurred to me that we don't have nearly enough metals that are found in EV batteries like lithium, cobalt, graphite, nickel and copper. Much of these valuable materials are controlled by the likes of China on the global market and if we (US) are going to electrify most cars within the next decade or so, we need to find a solution regarding materials. So, if that metal asteroid contains some of these desirable materials, it's going to be an all out war! As I said, a movie will be in the works.
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