Bitcoin Forum

Bitcoin => Project Development => Topic started by: HostFat on February 12, 2013, 10:19:25 AM



Title: Today the entire Bitcoin system can buy: ...
Post by: HostFat on February 12, 2013, 10:19:25 AM
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.


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: Puppet on February 12, 2013, 10:30:59 AM
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.


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: HostFat on February 12, 2013, 10:34:55 AM
As I said, they are "Examples".


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: Akka on February 12, 2013, 10:46:55 AM
ok, let's start this, could be fun.

Today all Bitcoins could buy this mansion:

http://blogs-images.forbes.com/clareoconnor/files/2011/06/4_large.jpg

Worth 200 Mil USD.


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: jonitas on February 12, 2013, 03:59:55 PM
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")


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: marcus_of_augustus on February 12, 2013, 05:16:17 PM
kinda like ... http://bgr.com/2013/01/25/apple-cash-analysis-306366/ (http://bgr.com/2013/01/25/apple-cash-analysis-306366/)

now what's 137 B divided by 250 M?


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: HostFat on April 01, 2013, 09:59:49 PM
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html#top

"Swaziland $ 1,106,000,000"


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: Elwar on April 01, 2013, 11:37:30 PM
See this thread:

https://bitcointalk.org/index.php?topic=154954.0


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: hiima on April 02, 2013, 02:30:06 AM
With all the bitcoins, you can buy my first born child.


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: Vod on April 02, 2013, 05:22:13 PM
With all the bitcoins, you can buy my first born child.

You cleared this with the mother?   ;)


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: InspiredEye on April 02, 2013, 08:48:19 PM
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.


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: hous on April 05, 2013, 12:08:34 AM
What about one island that only excepts bitcoin.

With a ....

 bitcoin bank , bitcoin casino, bitcoin go go's , the list go on......


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: HostFat on September 02, 2013, 02:01:20 PM
This is related with this idea :)
http://www.resallex.com/bitcoin/bmix


Title: Re: Today the entire Bitcoin system can buy: ...
Post by: Sukrim on September 02, 2013, 02:59:33 PM
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.