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Topic: Poll :: When will Bitcoin reach $1 Billion total value (Read 13533 times)

donator
Activity: 3108
Merit: 1166
Many thanks, glad you like & Bitcoin recovered to over $88 on Wednesday the 10th July for $1B again, atm it's dipped just below the line, with 11,400,625 coins out there $1B needs a price of $87.70 atm for $1B.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
That's a nice graph! I like how you took into account the coin generation Smiley
donator
Activity: 3108
Merit: 1166
We're still too close Btc = $75 approx, for a total of $844M atm & if/when Btc = $88 it would bring us back to over $1B again, it's only dipped under that for 2 days or less atm, but if the price does fall to $50 or less then definately it's due for a re-run. If it stays well under for a month, in the $50s to $60s, then that also would warrent a rerun I guess.



Since we made $1B last March we have only dipped below it for a few days at most, it will be interesting to see if it's going to be different this time.



Clearer edit without the volume lines, though they're of interest so I'll leave the previous pic up too.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Still thinking.
donator
Activity: 3108
Merit: 1166
lol, let me think about it for a day or two, but if we go under $50 then yes definitely.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
This would be a good poll to re-open.

+1

I will do so tomorrow on a new thread.

Edit: as we're back above $100 atm, then we're well > $1B again so no need to do this right now.
How about now? Smiley
donator
Activity: 3108
Merit: 1166
This would be a good poll to re-open.

+1

I will do so tomorrow on a new thread.

Edit: as we're back above $100 atm, then we're well > $1B again so no need to do this right now.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
This would be a good poll to re-open.
donator
Activity: 3108
Merit: 1166
I suspect that the universe may have taken you up on your (tongue in cheek) offer to pay a 1 BTC reward if someone would buy to $100, though it got you the double prize without needing to push the price up that far, for me one's potential behavior in the future totally influences events in the present & so how they turn out.
legendary
Activity: 1792
Merit: 1000
I am delighted that Scott J has won this & thank him for his very generous freely given contribution to my favorite personal charity, a savings fund in BTC/LTC for college fees etc of a child who's father died in a tragic accident in 2010 & who's mother's sister is a very good friend of mine.

Wishing everyone who entered the best of luck on my LTC comp, up to 500 LTC in prizes up for grabs. Tongue
Thank you again, Otoh!

I am really happy to contribute to such a worthwhile cause Smiley

donator
Activity: 3108
Merit: 1166
I am delighted that Scott J has won this & thank him for his very generous freely given contribution to my favorite personal charity, a savings fund in BTC/LTC for college fees etc of a child who's father died in a tragic accident in 2010 & who's mother's sister is a very good friend of mine.

Wishing everyone who entered the best of luck on my LTC comp, with a total of 500 LTC in prizes up for grabs. Tongue
donator
Activity: 3108
Merit: 1166
The same address will be fine, thank you so much!

Cool, I'm afk for a few hours now but will send it upon my return & also PM you re a possible small favor.
legendary
Activity: 1792
Merit: 1000
The same address will be fine, thank you so much!
hero member
Activity: 788
Merit: 1001
Close your eyes.. sooo..
Now! Open your eyes. Here we are.
donator
Activity: 3108
Merit: 1166
A couple of hours ago I'm seeing Bitcoin monetary base is 10,959,250 BTC, which is worth over $1,000,000,000 USD at current price, so a $1B market cap (if that's the correct term), anyway a net market value for Bitcoin of $1B, later today when I've looked in to the exact block multiplied by the price when it was mined then I will confirm, it looks like Scott J scooped the double prizes for sure though, especially as the price has gone up to a high of $95.70 since, Congrats! Same address?

Mouse over shows total bitcoins mined to date = 10,950,975 BTC, or on http://www.blockchained.com/ it shows 10,960,050 coins, anyway it's over 1B$ at current prices, not sure exactly which block made it but it's confirmed.
sr. member
Activity: 294
Merit: 250
Wow.. how'd you guess that
I put it down to my B in GCSE maths  Wink

Any future guesses in the coming months? Wink
legendary
Activity: 1792
Merit: 1000
Wow.. how'd you guess that
I put it down to my B in GCSE maths  Wink
sr. member
Activity: 294
Merit: 250
Wow.. how'd you guess that
legendary
Activity: 1792
Merit: 1000
2013 04 13 proudhon


--->HuhHuh
I think that guess was for the gold competition.

Congratulations Scott J!
Thank you!

Though I am not going to celebrate until I get confirmation from the man himself  Grin
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