Parity watch -> Who's next? - page 18.

BTC Books

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Quote from: molecular on March 27, 2013, 01:40:08 AM

Quote from: slothbag on March 27, 2013, 01:29:34 AM

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin. How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

You mean roughly 1 satoshi per Dollar-Cent? It's as if Nakamoto had planned this in advance

That is remarkable.

molecular

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Activity: 2772

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Quote from: slothbag on March 27, 2013, 01:29:34 AM

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin. How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

You mean roughly 1 satoshi per Dollar-Cent? It's as if Nakamoto had planned this in advance Wink

molecular

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Quote from: Gatekeeper on March 26, 2013, 11:02:43 PM

lol GROUP BUY!!
Aruba looks nice

come back in a year and buy a country YaY!! Grin

I don't think we can stop this nonsense, it's just too appealing to "buy an island".

The value of a country is much higher than the M1 money supply floating around in it.

slothbag

sr. member

Activity: 369

Merit: 250

Great stats..

So correct me if i'm wrong, but if the bitcoin market cap hit 33 Trillion (which is all those countries M1 put together) then we could assume that every single fiat dollar has been exchanged/discarded from every country in the world and transferred into Bitcoin. How does that work? Someone has to be left holding a very big bag of fiat? sucks to be them!

Based on Bitcoins eventual 21 Million, that would equal a price of $1.5Mil per bitcoin.

Gatekeeper

sr. member

Activity: 358

Merit: 250

lol GROUP BUY!!
Aruba looks nice

come back in a year and buy a country YaY!! Grin

BitPirate

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Sorry to harsh the toga party buzz... you missed Turkmenistan off the "surpassed already" list ;-)

beckspace

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Toga Party!!!

Elwar

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Viva Ut Vivas

I think I like Toga better.

chrsjrcj

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Togo! Not to be confused with Toga. Cheesy

SgtSpike

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Quote from: Elwar on March 25, 2013, 04:35:47 PM

Hmm, it would be interesting to see the parity between the highest amount of BTC in one address and wether or not they can yet buy a country.

111111 BTC * 75.6 = ~$4 million.

Montserrat: $ 16,170,000

We're talking about the money supply of various countries though, not what it would take to buy a country.

mb300sd

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Drunk Posts

Quote from: Elwar on March 25, 2013, 04:35:47 PM

Hmm, it would be interesting to see the parity between the highest amount of BTC in one address and wether or not they can yet buy a country.

111111 BTC * 75.6 = ~$4 million.

Montserrat: $ 16,170,000

Pretty sure you dropped a digit somewhere...

111111 BTC * 75.6 = 8,399,991.6

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Hmm, it would be interesting to see the parity between the highest amount of BTC in one address and wether or not they can yet buy a country.

111111 BTC * 75.6 = ~$8.4 million.

Montserrat: $ 16,170,000

Edit: missed the 8

oakpacific

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Which one would be the next nation to go? Wait..... Grin

labestiol

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Anyone thinking about buying Aruba ? Seems nice Grin

chrsjrcj

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MMMMmmmm..... Aruba.

mccorvic

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Onto Aruba! (It's kinda sad that Aruba is higher on the list than Turkmenistan)

BTC Books

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Merit: 10

What about a gradient representation?

Have a horizontal gradient bar representing the spread of M1 for all countries, shaded from pale grey (some color) on the left - representing Djibouti - to red (some contrasting color) on the right - representing the US.

Then put a movable, sliding black line representing bitcoin wherever it goes on that scaled horizontal bar, with a little pop-up balloon that compares the M1 of the countries immediately to the left and right, to the BTC market cap?

Do it in Log Scale so bitcoin doesn't look too pathetic.

Am I making sense?

EDIT: Silly me. Not "...a movable, sliding black line representing bitcoin..." - but rather a little gold bitcoin coin logo...

EDIT #2: Maybe a bitcoin coin logo with a pie slice facing to the right, like a PacMan guy? Grin

the founder

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Activity: 448

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Bitcoin

Remember this... I'm working with a 3 inch 4 inch type sized screen.

You're talking at maximum 2-3 buttons or links.

I need a design idea that would get the message across but doesn't take up the whole screen.

Remember .. 99.99999% of the people that download Either the Ounce.Me Free or the Ounce.Me Paid are doing it solely for the spot price of Bitcoin (or Gold, Silver, etc).

The more metrics I throw in it, the more it will get detracted from it's core business.. so I am 10000% open to adding it, I just need your help on how to add it without messing up the core design and purpose.

You guys need to download this at least:

Ounce.Me Free
https://play.google.com/store/apps/details?id=com.btc.ounce.me

Ounce.Me Paid
https://play.google.com/store/apps/details?id=com.bitcoin.ounce.me.paid

Both are identical in terms of information, but since ounce.me paid has zero advertising, there is slightly more room.

oakpacific

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Activity: 784

Merit: 1000

The M1 of Cyprus is about $ 15 billion, which is also roughly the global physical demand for silver http://en.wikipedia.org/wiki/Silver_as_an_investment , so I think it would be a great landmark.

shmadz

legendary

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@theshmadz

directed towards the founder:

not sure if this could be incorporated into existing apps, but just as an idea:

I would love to have an app, that would show the list of countries, and then have the cap of bitcoin in bold colour listed just as if it were one of these countries, floating in real time up and down the list.

That would be awesome.

Topic: Parity watch -> Who's next? - page 18. (Read 68157 times)