BITSTAMP eXchange wall Observer. second biggest and best exchange - page 19.

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

Quote from: chriswilmer on October 18, 2013, 10:48:33 PM

972 yuan is 160 USD... Bitstamp is falling behind... wonder what's up.

Baidu for one...
https://www.google.com/finance?q=NASDAQ:BIDU

If other stocks do what theirs did after announcing that they take bitcoin (even if only marginally) this could be an interesting year...

chriswilmer

legendary

Activity: 1008

Merit: 1000

972 yuan is 160 USD... Bitstamp is falling behind... wonder what's up.

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

Quote from: wachtwoord on October 18, 2013, 07:27:21 PM

Quote from: Kupsi on October 18, 2013, 07:22:38 PM

Quote from: wachtwoord on October 18, 2013, 07:19:03 PM

Quote from: justusranvier on October 18, 2013, 07:15:26 PM

Quote from: wachtwoord on October 18, 2013, 07:14:30 PM

So market cap is @ $3.2B as there are 21M BTC.

Not yet, there aren't.

Of course there are. They just aren't assigned to anyone yet and cannot be transacted. It's a certainty that they will be though. Everyone not agreeing there are 21M BTC is retarded in my humble opinion.

There have been made blocks without a full block reward. Bitcoin will never reach 21M BTC.

It's a hell of a lot closer to 21M than to 11.8M.

You might think of it that way... The stock analogy would be a float of 11.8M of almost 21M total shares outstanding. I suspect that many would argue the matter. Whether the coins exist as unassigned or not might be something for the philosophers.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Kupsi on October 18, 2013, 07:22:38 PM

Quote from: wachtwoord on October 18, 2013, 07:19:03 PM

Quote from: justusranvier on October 18, 2013, 07:15:26 PM

Quote from: wachtwoord on October 18, 2013, 07:14:30 PM

So market cap is @ $3.2B as there are 21M BTC.

Not yet, there aren't.

Of course there are. They just aren't assigned to anyone yet and cannot be transacted. It's a certainty that they will be though. Everyone not agreeing there are 21M BTC is retarded in my humble opinion.

There have been made blocks without a full block reward. Bitcoin will never reach 21M BTC.

It's a hell of a lot closer to 21M than to 11.8M.

chriswilmer

legendary

Activity: 1008

Merit: 1000

Quote from: wachtwoord on October 18, 2013, 07:19:03 PM

Quote from: justusranvier on October 18, 2013, 07:15:26 PM

Quote from: wachtwoord on October 18, 2013, 07:14:30 PM

So market cap is @ $3.2B as there are 21M BTC.

Not yet, there aren't.

Of course there are. They just aren't assigned to anyone yet and cannot be transacted. It's a certainty that they will be though. Everyone not agreeing there are 21M BTC is retarded in my humble opinion.

I sort of think this way as well. It's one of those areas where Bitcoin is new and we are using outdated concepts to describe it. For conventional currencies, there is a real difference between the amount of bills in circulation today and the unknown future amount due to the actions of the printing press. In Bitcoin, the total money supply is completely known... if anything, it's smaller than we think it is due to permanently lost coins. There is SOME kind of distinction between the amount already mined and the total amount, but I don't think it's as consequential as with traditional currencies.

Kupsi

legendary

Activity: 1193

Merit: 1003

9.9.2012: I predict that single digits... <- FAIL

Quote from: wachtwoord on October 18, 2013, 07:19:03 PM

Quote from: justusranvier on October 18, 2013, 07:15:26 PM

Quote from: wachtwoord on October 18, 2013, 07:14:30 PM

So market cap is @ $3.2B as there are 21M BTC.

Not yet, there aren't.

Of course there are. They just aren't assigned to anyone yet and cannot be transacted. It's a certainty that they will be though. Everyone not agreeing there are 21M BTC is retarded in my humble opinion.

There have been made blocks without a full block reward. Bitcoin will never reach 21M BTC.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: justusranvier on October 18, 2013, 07:15:26 PM

Quote from: wachtwoord on October 18, 2013, 07:14:30 PM

So market cap is @ $3.2B as there are 21M BTC.

Not yet, there aren't.

Of course there are. They just aren't assigned to anyone yet and cannot be transacted. It's a certainty that they will be though. Everyone not agreeing there are 21M BTC is retarded in my humble opinion.

Xer0

hero member