Topic: Today the entire Bitcoin system can buy: ... (Read 1738 times)
Well, you would need to include order book depth - if I create 1 billion Sukrimdollars, then sell a single one for 10 USD, do I now hold 99 999 999 990 USD? Market caps are only useful in very liquid markets, BTCUSD is not very liquid at all.
What about one island that only excepts bitcoin.
With a ....
bitcoin bank , bitcoin casino, bitcoin go go's , the list go on......
With a ....
bitcoin bank , bitcoin casino, bitcoin go go's , the list go on......
This would be a fun hackathon project. If someone else doen't do it before the bitcoin conference hackathon in May, I might take a crack at it then.
With all the bitcoins, you can buy my first born child.
You cleared this with the mother?
With all the bitcoins, you can buy my first born child.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html#top
"Swaziland $ 1,106,000,000"
"Swaziland $ 1,106,000,000"
kinda like ... http://bgr.com/2013/01/25/apple-cash-analysis-306366/
now what's 137 B divided by 250 M?
now what's 137 B divided by 250 M?
With the total bitcoin market capitalization you could buy about:
1358 Bentleys (200.000/bentley)
1508 US houses (based on median house price jan 2013)
362 McDonald's franchises (based on the minimum investment of 750.000)
77 lunches with Warren Buffett (3.5M/lunch)
6 Picasso's (based on the auction price of "woman sitting near window")
1358 Bentleys (200.000/bentley)
1508 US houses (based on median house price jan 2013)
362 McDonald's franchises (based on the minimum investment of 750.000)
77 lunches with Warren Buffett (3.5M/lunch)
6 Picasso's (based on the auction price of "woman sitting near window")
ok, let's start this, could be fun.
Today all Bitcoins could buy this mansion:
Worth 200 Mil USD.
Today all Bitcoins could buy this mansion:
Worth 200 Mil USD.
As I said, they are "Examples".
Quote
- Today we could own 1/2 of Google
Ahm. google, market cap $258 billion.
Bitcoin money supply: $270 million.
Today we could own 0.1% of Google!
Not that its true, nor does it make a great headline, or does it.
I would like to see a website (light and simple) that day by day show which things the entire Bitcoin system is able to buy if everyone will agree to sell their bitcoin/bitcoin-business 
It will just be a website to advertise the power of the Bitcoin economy, I'm not asking for another kickstarter.
Examples:
- Today the Bitcoin economy is equal to X islands
- Today we could own 1/2 of Google
- Today we are able to buy the Y country.
...
It should have G+/Twitter/FB accounts to "spam" these achievements.
It will just be a website to advertise the power of the Bitcoin economy, I'm not asking for another kickstarter.
Examples:
- Today the Bitcoin economy is equal to X islands
- Today we could own 1/2 of Google
- Today we are able to buy the Y country.
...
It should have G+/Twitter/FB accounts to "spam" these achievements.
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