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Author Topic: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission  (Read 3445 times)

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Offline kevindavis007

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An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« on: January 27, 2017, 01:18:03 am »

The hulking celestial body is believed to be composed almost entirely of metal.


Forget the Mars, Jupiter and Milky Way missions. NASA is now setting its sights on an asteroid, and it's not just any asteroid.


It's called 16 Psyche and is believed to be made almost entirely of nickel and iron.


Most asteroids are made up of rock or ice. So researchers think this trip to Psyche could help us learn more about Earth's core, which is also thought to be composed of similar metals.


Read More: http://www.isn-news.net/2017/01/an-asteroid-possibly-worth-10000.html
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Offline kevindavis007

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #1 on: January 27, 2017, 01:18:23 am »
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Offline Gefn

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #2 on: January 27, 2017, 01:24:37 am »
I worked on Wall Street and I cannot grasp a quadrillion dollars.
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Offline kevindavis007

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #3 on: January 27, 2017, 01:29:49 am »
Quote from: Freya on January 27, 2017, 01:24:37 am
I worked on Wall Street and I cannot grasp a quadrillion dollars.


Well if you can I would invest in an Asteroid mining company..
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Offline Cripplecreek

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #4 on: January 27, 2017, 01:30:34 am »
Space ship factory.

Be nice if it were closer like inside the orbit of mars.
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Offline Gefn

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #5 on: January 27, 2017, 01:31:47 am »
Quote from: kevindavis on January 27, 2017, 01:29:49 am

Well if you can I would invest in an Asteroid mining company..

Is that like Jupiter Mining company? Only kidding. Any Red Dwarf fans here?

Seriously though, I'll look into it. Thanks for the advice.
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Offline kevindavis007

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #6 on: January 27, 2017, 01:31:51 am »
Quote from: Cripplecreek on January 27, 2017, 01:30:34 am
Space ship factory.

Be nice if it were closer like inside the orbit of mars.


Forget building ships on Earth, it has to be built in space.. Especially ships like the Enterprise..
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Offline kevindavis007

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #7 on: January 27, 2017, 01:33:59 am »
Quote from: Freya on January 27, 2017, 01:31:47 am
Is that like Jupiter Mining company? Only kidding. Any Red Dwarf fans here?

Seriously though, I'll look into it. Thanks for the advice.


Sure thing.. That is what I'm doing as well.
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Offline Gefn

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #8 on: January 27, 2017, 01:35:09 am »
Quote from: kevindavis on January 27, 2017, 01:33:59 am

Sure thing.. That is what I'm doing as well.

Let me know what you find.
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Offline EC

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #9 on: January 27, 2017, 01:35:17 am »
Do the old nine to five for a few billion years and you'll get close.

I know what I'm excited for about this:

Sure, it's worth a lot of money. That's nice, I guess.

It will give some clues about the Earth's core. Possibly enough additional information to settle the question of whether the asteroids ever coalesced as a planet before being torn apart again. All good to know.

It's a solid chunk of nickel iron over 100 miles long. That's a fleet of starship hulls, already in orbit.
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Offline Gefn

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #10 on: January 27, 2017, 01:39:20 am »
Quote from: EC on January 27, 2017, 01:35:17 am
Do the old nine to five for a few billion years and you'll get close.

I know what I'm excited for about this:

Sure, it's worth a lot of money. That's nice, I guess.

It will give some clues about the Earth's core. Possibly enough additional information to settle the question of whether the asteroids ever coalesced as a planet before being torn apart again. All good to know.

It's a solid chunk of nickel iron over 100 miles long. That's a fleet of starship hulls, already in orbit.

I hate math. If it wasn't for algebra I could have gotten through chemistry and physics and been an astronomer, instead of a writer.

It's all good. I love being an amateur astronomer. I just wish I could have done it for a living.
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Offline Cripplecreek

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #11 on: January 27, 2017, 01:41:06 am »
Quote from: kevindavis on January 27, 2017, 01:31:51 am

Forget building ships on Earth, it has to be built in space.. Especially ships like the Enterprise..

Yup bigger really is better in space. We just can't launch big from the surface of earth.
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Offline InHeavenThereIsNoBeer

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #12 on: January 27, 2017, 01:42:09 am »
Quote from: Freya on January 27, 2017, 01:24:37 am
I worked on Wall Street and I cannot grasp a quadrillion dollars.

About the entire output of the US economy for the next 34 years (assuming 3% average growth).
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Offline Frank Cannon

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #13 on: January 27, 2017, 01:43:55 am »
Quote from: kevindavis on January 27, 2017, 01:29:49 am

Well if you can I would invest in an Asteroid mining company..

You are aware that once this metal rock lands here on earth the value of it will plummet because the scarcity will be long gone.
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Offline ABX

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #14 on: January 27, 2017, 01:45:07 am »
Once you subtract the raw metal value from the potential expense of space mining, what's the real margin?  The cost just to get equipment to space is around $50K/kilo (totally trying to remember that so feel free to correct it).  Cost of Nickel is currently $10K per tonne.

It may be actually cheaper to clean up the worldwide devastation of directing it to impact > mining it versus trying to space mine it.
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Offline Weird Tolkienish Figure

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #15 on: January 27, 2017, 01:45:19 am »
Of course the more we mined this thing the less nickel would be worth and that would probably change its price.
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Offline Cripplecreek

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #16 on: January 27, 2017, 01:48:02 am »
Quote from: InHeavenThereIsNoBeer on January 27, 2017, 01:42:09 am
About the entire output of the US economy for the next 34 years (assuming 3% average growth).

That's why the UN wanted us to sign on to the outer space treaty so we couldn't claim anything.

Screw em.
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Offline InHeavenThereIsNoBeer

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #17 on: January 27, 2017, 02:10:55 am »
Quote from: AbaraXas on January 27, 2017, 01:45:07 am
Once you subtract the raw metal value from the potential expense of space mining, what's the real margin?  The cost just to get equipment to space is around $50K/kilo (totally trying to remember that so feel free to correct it).  Cost of Nickel is currently $10K per tonne.

It may be actually cheaper to clean up the worldwide devastation of directing it to impact > mining it versus trying to space mine it.

There may be some environmental impact to deal with, but it's probably worth it in the long run to wipe Mecca off the face of the planet.
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Offline Weird Tolkienish Figure

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #18 on: January 27, 2017, 02:39:29 am »
Quote from: Frank Cannon on January 27, 2017, 01:43:55 am
You are aware that once this metal rock lands here on earth the value of it will plummet because the scarcity will be long gone.


 :thumbsup:
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Offline EC

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #19 on: January 27, 2017, 02:49:33 am »
Quote from: Frank Cannon on January 27, 2017, 01:43:55 am
You are aware that once this metal rock lands here on earth the value of it will plummet because the scarcity will be long gone.

You are aware of just how valuable it is in orbit though?

If you are going to build any sort of space infrastructure you need materials. Now, $20 per ton delivered orbit to orbit, or $50 per pound delivered Earth to orbit? Which would you pick?
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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #20 on: January 27, 2017, 03:41:41 pm »
Quote from: Weird Tolkienish Figure on January 27, 2017, 01:45:19 am
Of course the more we mined this thing the less nickel would be worth and that would probably change its price.

At some point nickel wouldn't be worth a plug nickel.  :silly:
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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #21 on: January 27, 2017, 03:44:06 pm »
Wouldn't this also be 10 pentrillion dollars?
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Offline jpsb

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #22 on: January 27, 2017, 03:49:05 pm »
Quote from: Freya on January 27, 2017, 01:24:37 am
I worked on Wall Street and I cannot grasp a quadrillion dollars.

I think it is 1,000 trillions. Once we have cheap and reliable access to space we will have practically unlimited resources.
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Offline kevindavis007

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #23 on: January 27, 2017, 03:49:58 pm »
Quote from: Cripplecreek on January 27, 2017, 01:41:06 am
Yup bigger really is better in space. We just can't launch big from the surface of earth.


 :amen:
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Offline Cripplecreek

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Re: An Asteroid Possibly Worth $10,000 Quadrillion Is NASA's New Mission
« Reply #24 on: January 27, 2017, 03:54:11 pm »
Quote from: EC on January 27, 2017, 02:49:33 am
You are aware of just how valuable it is in orbit though?

If you are going to build any sort of space infrastructure you need materials. Now, $20 per ton delivered orbit to orbit, or $50 per pound delivered Earth to orbit? Which would you pick?

There was a time when American mouths would water at the prospect of opening a new frontier and becoming fabulously wealthy in the process.

Human expansion always creates wealth and mining and using this asteroid in space could be our human big bang of ever accelerating expansion.
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