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Topic: How many kilos of sugar with 1 BTC in 2045? (Read 3090 times)

full member
Activity: 130
Merit: 100
January 14, 2014, 10:39:46 AM
#31
21,000,000 kg of sugar per btc
[WTB] 21,000,000 kg sugar
legendary
Activity: 1904
Merit: 1002
21,000,000 kg of sugar per btc
newbie
Activity: 9
Merit: 0
Over 9000 kg of sugar.
newbie
Activity: 10
Merit: 0
This would be a really good question to ask applicants at a consulting interview  Grin.

Sugar seems to have basically followed inflation in dollar terms looking at the sugar #11 futures price and not doing anything but some rule of 70 mental math and averaging. It has been fairly volatile. There is politics involved in sugar and sugar producers are subsidized through trade measures and very powerful in US state politics. As such the price is probably inflated somewhat by this. Going forward the demand for sugar is also hard to project. World population will probably grow faster than sugar production capacity. Sugar demand is declining in developed nations due to health efforts but seems like it might become more of a part of the developing economies that prosper and that are being invaded by Coca Cola.

All that is before trying to make any future projection about the price of bitcoin (much less the state of network communications) in 2045   Cheesy

legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
0 (zero). SHA-256 will be cracked much sooner than 2045.
Then, I assume, you expect that Bitcoin's users will not be able (for whatever reason) to switch to another proof-of-work hash function when SHA-256 begins to show significant signs of weakness?
sr. member
Activity: 308
Merit: 251
Giga
sugar will be used to power cybernetic androids in 2045, so price of sugar might be much higher than today.
sr. member
Activity: 242
Merit: 250
Why do you think that in over 30 years everything works like it does today?
legendary
Activity: 1176
Merit: 1010
Borsche
0 (zero). SHA-256 will be cracked much sooner than 2045.

I thought you couldn't crack SHA-256 even if you had all the energy of the Sun?


No, you can't count to 2^256 even if you had all the energy of the Sun. Cracking is usually done by finding and exploiting weaknesses; like for example, if you find a way to quickly determine two prime numbers k and p such that k * p = , you would be able to break all of the modern cryptography Smiley
sr. member
Activity: 462
Merit: 250
By 2045 sugar substitutes will replace real suguar and so the cost of sugar will plummet.

I would say you will be able to buy 500k Kilos of sugar by 2045.
legendary
Activity: 1246
Merit: 1010
Maui  Cheesy
hero member
Activity: 546
Merit: 500
hm
So you could buy 10kg sugar 12 months ago and today 600kg. So I can simple use TA and draw a line. So 2045 you can buy 3*10^54 kg of sugar.

So technical analysis rocks. I always thought it is crap but I sure it is right!
sr. member
Activity: 448
Merit: 250
0 (zero). SHA-256 will be cracked much sooner than 2045.

I thought you couldn't crack SHA-256 even if you had all the energy of the Sun?

My prediction is:

1 Kg Sugar = 0.001 BTC in year 2045.

Pure sugar will have been declared an illegal substance and you will not be able to buy it. In 2045, a bitcoin will be worth at least 1 million dollars. Put it together and I come up with the above numbers.
hero member
Activity: 784
Merit: 1000
0 (zero). SHA-256 will be cracked much sooner than 2045.

Nuh-uh... according to the TV show Almost Human, set in the 2100s, bitcoin will still be around.
legendary
Activity: 2170
Merit: 1094
0 (zero). SHA-256 will be cracked much sooner than 2045.
legendary
Activity: 1176
Merit: 1010
Borsche
Depends on the price of sugar and price of bitcoin Smiley
Great spam answer.

Not so great spam comment on a spam answer Wink
hero member
Activity: 784
Merit: 1000
booger sugar?
hero member
Activity: 518
Merit: 500
I think substantially more, because sugar will be considered a narcotic in most Western countries.
 Wink

There was a report on BBC yesterday saying "Sugar is the new tobacco".

Heh.
Now to convince the rest of my family I am not a crazy.
 Roll Eyes Grin

It will be on the BBC website somewhere
full member
Activity: 173
Merit: 100
Experience shows that, well, we never know until the day comes;)
legendary
Activity: 1330
Merit: 1000
dafar consulting
how many kilos of coke is the real question


1 kilo = ~$10,000
full member
Activity: 154
Merit: 100
I'd say 83,213 kg - based on nothing but pure guesswork  Smiley
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