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Topic: Parity watch -> Who's next? - page 14. (Read 68224 times)

hero member
Activity: 518
Merit: 500
April 02, 2013, 08:08:51 PM
Might want to add /Macendonia onto the title and add pics.  The two have almost indistinguishable M1s.
legendary
Activity: 1246
Merit: 1077
April 02, 2013, 08:04:36 PM
If we account for all 21 million coins the market cap is 2,4 billion $ so we are actually already at
$2,476,000,000.00   Honduras


Yeah, and if we account for all ∞ US dollars the US market cap is greater than the rest of the world combined.
sr. member
Activity: 292
Merit: 250
April 02, 2013, 07:15:13 PM
Goodbye Botswana, Nicaragua here we come  Smiley

Both Botswana and Nicaragua are in rear view mirror now, looking forward to Kyrgyzstan.

Sorry Nicaragua we did not stay long


Back to post soviet space to Kyrgyzstan soon



If I can count correctly, we've passed 50 countries! Awesome.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
April 02, 2013, 06:48:12 PM
If we account for all 21 million coins the market cap is 2,4 billion $ so we are actually already at
$2,476,000,000.00   Honduras
legendary
Activity: 1025
Merit: 1000
April 02, 2013, 06:33:59 PM
Goodbye Botswana, Nicaragua here we come  Smiley

edit: 'twas a brief visit but enjoyable all the same. Next is Kyrgyzstan
legendary
Activity: 1400
Merit: 1005
April 02, 2013, 06:23:44 PM
So, next target is Western Union then?   Grin
k
sr. member
Activity: 451
Merit: 250
April 02, 2013, 05:36:02 PM
Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

Some bitcoin price parity with stocks listed on the http://www.runtogold.com/bitcoin-price/ infographic:
k
sr. member
Activity: 451
Merit: 250
April 02, 2013, 05:29:56 PM
M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.

are you sure? I thought it included non-bank deposits, but not bank deposits. Humongeous difference.

EDIT:

Quote from: op-referenced source
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy, measured at a specific point in time. National currency units have been converted to US dollars at the closing exchange rate for the date of the information. Because of exchange rate movements, changes in money stocks measured in national currency units may vary significantly from those shown in US dollars, and caution is urged when making comparisons over time in US dollars. Narrow money consists of more liquid assets than broad money and the assets generally function as a "medium of exchange" for an economy.




Includes demand deposits in banks, doesn't include money owned by financial institutions.
So Joe Soap's (immediately accessible) cash in the bank is counted. ABC Pension Fund's cash is not counted.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
April 02, 2013, 05:26:03 PM
Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

Last I checked we are just past parity with Office Depot and US Airways.

But all of the ones nearby are mainly banks or foreign companies.
donator
Activity: 2772
Merit: 1019
April 02, 2013, 05:20:42 PM
M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.

are you sure? I thought it included non-bank deposits, but not bank deposits. Humongeous difference.

EDIT:

Quote from: op-referenced source
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy, measured at a specific point in time. National currency units have been converted to US dollars at the closing exchange rate for the date of the information. Because of exchange rate movements, changes in money stocks measured in national currency units may vary significantly from those shown in US dollars, and caution is urged when making comparisons over time in US dollars. Narrow money consists of more liquid assets than broad money and the assets generally function as a "medium of exchange" for an economy.
sr. member
Activity: 292
Merit: 250
April 02, 2013, 04:24:44 PM
Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy
legendary
Activity: 1246
Merit: 1077
April 02, 2013, 04:14:28 PM
M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.
Hmm, I stand corrected.

In that case, shouldn't we be including approx. 1.5 million BTC deposited into Bitcoin's M1?
legendary
Activity: 1106
Merit: 1004
April 02, 2013, 04:11:04 PM
M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.
hero member
Activity: 509
Merit: 564
"In Us We Trust"
April 02, 2013, 03:54:35 PM
Armenia is old story now, a few minutes later we are already looking forward to visit to exotic Botswana




so exotic...  Undecided

 Cheesy
legendary
Activity: 1246
Merit: 1077
April 02, 2013, 03:19:25 PM
I guess it is the later. Not a big surprise considering that Brits were pushed out of every biz except selling their houses to each other.

I think it must be wrong. Compare to other EU countries of similar population (i.e. Italy, France). M1 for Ireland is more than UK even though population is less than 1/10th the size.

$100,900,000,000.00/62 million (rough UK population) leaves just over $1600/person. Seems way too low.

M1 includes pretty much only cash. Money stored in bank accounts is not included.
k
sr. member
Activity: 451
Merit: 250
April 02, 2013, 03:18:03 PM
I guess it is the later. Not a big surprise considering that Brits were pushed out of every biz except selling their houses to each other.

I think it must be wrong. Compare to other EU countries of similar population (i.e. Italy, France). M1 for Ireland is more than UK even though population is less than 1/10th the size.

$100,900,000,000.00/62 million (rough UK population) leaves just over $1600/person. Seems way too low.

P.S.
enjoy this thread. sorry to dis-rail it slightly.
k
sr. member
Activity: 451
Merit: 250
April 02, 2013, 03:08:26 PM

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2214rank.html

Code:
 
M1                 Parity point      Country
$100,900,000,000.00 $9,190.31 United Kingdom

think the CIA figure for UK M1 must be off by a factor of 10 or else UK is even more messed up than I can believe.
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
April 02, 2013, 02:50:17 PM
That was quick.   Grin  The all time high is now 115.
newbie
Activity: 16
Merit: 0
April 02, 2013, 09:22:36 AM
M1 Parity check updates every 30 min ... still working on making it look nice Smiley
http://bitcoin.zinetsolutions.be/
legendary
Activity: 1145
Merit: 1001
April 02, 2013, 04:08:02 AM
How come japan has so much M1 money?! Shocked
6.735 trillion USD ?! Roll Eyes

They have a lot debt.

Debt = money in the fiat world.
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