Pages:
Author

Topic: Parity watch -> Who's next? - page 18. (Read 68224 times)

member
Activity: 84
Merit: 10
March 27, 2013, 12:48:06 AM
#51
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

That is remarkable.
donator
Activity: 2772
Merit: 1019
March 27, 2013, 12:40:08 AM
#50
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
donator
Activity: 2772
Merit: 1019
March 27, 2013, 12:38:33 AM
#49
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.
sr. member
Activity: 369
Merit: 250
March 27, 2013, 12:29:34 AM
#48
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.

sr. member
Activity: 358
Merit: 250
March 26, 2013, 10:02:43 PM
#47
lol GROUP BUY!!
Aruba looks nice

come back in a year and buy a country YaY!! Grin
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
March 26, 2013, 09:58:44 PM
#46
Sorry to harsh the toga party buzz... you missed Turkmenistan off the "surpassed already" list ;-)
hero member
Activity: 931
Merit: 500
March 26, 2013, 09:37:28 PM
#45
Toga Party!!!

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 26, 2013, 09:34:00 PM
#44
I think I like Toga better.
full member
Activity: 280
Merit: 102
March 26, 2013, 09:32:11 PM
#43


Togo! Not to be confused with Toga.  Cheesy

legendary
Activity: 1400
Merit: 1005
March 25, 2013, 03:41:31 PM
#42
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.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
March 25, 2013, 03:41:03 PM
#41
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
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 25, 2013, 03:35:47 PM
#40
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


hero member
Activity: 784
Merit: 1000
March 25, 2013, 10:28:16 AM
#39
Which one would be the next nation to go? Wait..... Grin
sr. member
Activity: 434
Merit: 251
March 25, 2013, 10:23:07 AM
#38
Anyone thinking about buying Aruba ? Seems nice  Grin
full member
Activity: 280
Merit: 102
March 25, 2013, 10:19:25 AM
#37
MMMMmmmm..... Aruba.



hero member
Activity: 518
Merit: 500
March 25, 2013, 10:17:28 AM
#36
Onto Aruba! (It's kinda sad that Aruba is higher on the list than Turkmenistan)
member
Activity: 84
Merit: 10
March 25, 2013, 08:13:57 AM
#35
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
sr. member
Activity: 448
Merit: 251
Bitcoin
March 25, 2013, 07:59:15 AM
#34
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.



hero member
Activity: 784
Merit: 1000
March 25, 2013, 06:04:43 AM
#33
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.
legendary
Activity: 1512
Merit: 1000
@theshmadz
March 24, 2013, 08:47:16 PM
#32
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.
Pages:
Jump to: