Bitcoin Forum

Economy => Economics => Topic started by: BrightAnarchist on February 11, 2012, 11:18:57 PM



Title: Cool BTC stats
Post by: BrightAnarchist on February 11, 2012, 11:18:57 PM
If we extrapolate the past 24 hours worth of transactions, we get:

  • every 24 hours, 2.5 million $ worth of bitcoins change hands
  • that's a bit over $100K an hour of transactions
  • that's about $1 billion per year worth of transactions

A billion here and a billion there, and pretty soon you're talking real money


Title: Re: Cool BTC stats
Post by: P4man on February 11, 2012, 11:35:13 PM
In the last 24 hours, price dropped 7%. If we extrapolate that for the next year, that means a BTC value of $0,000000000020. All the bitcoins in the world wouldnt buy you a can of coke.


Title: Re: Cool BTC stats
Post by: notme on February 11, 2012, 11:39:28 PM
In the last 24 hours, price dropped 7%. If we extrapolate that for the next year, that means a BTC value of $0,000000000020. All the bitcoins in the world wouldnt buy you a can of coke.


Buy coke, sell for bitcoins in 365 days, profit?


Title: Re: Cool BTC stats
Post by: silver52961 on February 17, 2012, 01:45:16 AM
In the last 24 hours, price dropped 7%. If we extrapolate that for the next year, that means a BTC value of $0,000000000020. All the bitcoins in the world wouldnt buy you a can of coke.


Buy coke, sell for bitcoins in 365 days, profit?

sounds like profit to me!  ;D


Title: Re: Cool BTC stats
Post by: BinaryMage on February 19, 2012, 05:05:44 AM
If we extrapolate the past 24 hours worth of transactions, we get:

  • every 24 hours, 2.5 million $ worth of bitcoins change hands
  • that's a bit over $100K an hour of transactions
  • that's about $1 billion per year worth of transactions

A billion here and a billion there, and pretty soon you're talking real money

Are you implying that Bitcoins aren't real money?


Title: Re: Cool BTC stats
Post by: Raoul Duke on February 19, 2012, 05:19:15 AM
If we extrapolate the past 24 hours worth of transactions, we get:

  • every 24 hours, 2.5 million $ worth of bitcoins change hands
  • that's a bit over $100K an hour of transactions
  • that's about $1 billion per year worth of transactions

A billion here and a billion there, and pretty soon you're talking real money

Are you implying that Bitcoins aren't real money?

BLASPHEMY!!11oneSHIFTONE!!!!!


Title: Re: Cool BTC stats
Post by: BinaryMage on February 19, 2012, 05:30:04 AM
If we extrapolate the past 24 hours worth of transactions, we get:

  • every 24 hours, 2.5 million $ worth of bitcoins change hands
  • that's a bit over $100K an hour of transactions
  • that's about $1 billion per year worth of transactions

A billion here and a billion there, and pretty soon you're talking real money

BLASPHEMY!!11oneSHIFTONE!!!!!


Are you implying that Bitcoins aren't real money?

Exactly.


Title: Re: Cool BTC stats
Post by: Kettenmonster on February 26, 2012, 05:35:49 PM
Quote
Are you implying that Bitcoins aren't real money?
Neither real, float nor double, simply int or or so.  ;D


Title: Re: Cool BTC stats
Post by: P4man on February 26, 2012, 05:40:43 PM
Neither real, float nor double, simply int or or so.  ;D

One could say imaginary, but Id go with complex :)