We must build a new exchange rate system based on the quantity of money in existence. For example the bitcoin/U.S. dollar exchange rate should be: 1 bitcoin = 500.000 U.S. dollars because all the U.S. dollars in the world are 10.5 trillion. (10.5 trillion/21 million = 500.000).
What do you think about this idea?
Insane Idea, you cannot calculate the total quantity of bitcoin vs the total quantity of money for bitcoin price. You need to see it's value first, then the adoption of people. Btw you failed to includee euro, yen, rupi, peso and other nations money to compute your Bitcoin price. It is simple logic. If you know the quantity of euro, yen, rupi, peso you can include them and calculate the altcoin price. These fiat currencies supply are very heavily manipulated all the time, and we should not rely on governments to determine the value of bitcoins. We work on open markets where supply and demand, dictate the value and on nothing else. The other fiat currencies are failing, because they manipulate the supply. We know there will only be 21 000 000 bitcoins and that should be the determining factor for it's price. Bitcoin can stand on it's own, it does not have to rely on fiat currencies to determine it's value. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) well said just leave bitcoin to work by itself no need to rely on anything it is existing without any reliance from any currency so we must not determine the price on any thing. thanks sir.
|
|
|
I still have million coin on this coin but now i can't sell it
I can't sell it either there's so many millions bigup coins lined for 1 sat sell order,it's been 5 days and with the current situation I doubt if I will ever sell this coin I might even sell it for 2 bigup coin to 1 sat.. maybe you need to talked to the new dev mate might he have better idea if you really willing to sell it cheap. good luck
|
|
|
nice one today m8, thanks
Your wellome mate, we return yesterday loss. Lets see "Insider tip" now: Croatian Division 1: Cibalia - Hajduk Split --> Away tim to win odd 2.44Because this is 1st Insider tip lets se how it work, i will put 25mbtc. Good luck you have insider buddy but the bet is quite low let see and put also some on it since it is a first time I seen you trying to bet out of your knowledge let see what will happen here. good luck mate.
|
|
|
I really like to pay bills using bitcoins while at home. And in fact, while holding my bitcoins I'm alloting fund for paying out my bills with the use of bitcoins. And here in my country you can really do it easily. That is why I really like using it because it is very convenient at all.
you can also reserved some luxury mate using metrodeal hehehe, paying bills and some luxury is easy using bitcoin here in our country.
|
|
|
how come the price does not fly? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) calm down, weekends are not that good for a launch and we might see a good pump tomorrow. anyway, pumping or not, that was a big step to get more investors, im happy with my dbic's. yes we just all need to calm down tomorrow is the big day for us holders we will see more pumped and more investors to move with this project. good luck
|
|
|
I have vision that 2017 will be the year of bitcoin, because I see how it become more and more popular, I think it's a good choice to invest on bitcoin and make a nice profit.
you made a right decision there buddy bitcoin have many rise up this year and it seems that there's also possibility to hit 1k just hoping before the end of this year.
|
|
|
On the positive note volume is high because of the sell order completed,but of course we would love to see a buy order with a high volume,this means that people are trusting this coin and they are buying it on the highest price..
moving smoothly from yobit expected fluctuation and dumped side but it is just normal the coin still new and many plan coming from dev will increase the value.
|
|
|
There isn't a new wallet or anything that has to be downloaded for CBX lately is there?
I don't see any mate just waiting as well I've heard that the dev plan for an update to version 2.0 but there's no update yet so we just needed to keep and wait for that.
|
|
|
another win from you wow congrats mate.
|
|
|
PioneerShares core almost finished ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I will post some wallet screens later this evening.. am I counted to have a coin boss, hehehe hope to see my name good luck hard working dev may the project prospers.
|
|
|
nice update dev let just see and learned how to earned newbium. good luck dev.
|
|
|
So today profit is: +123.5 mbtcBankroll: 1000 mbtcProfit: +205 mbtcnice win for pizza again sir good job party party.
|
|
|
which is correct bitcoin is keep jumping up and that particular observation that you have is just a normal fluctuation with the price no relevance in regards to any religious practices.
|
|
|
nice info sir good luck and wish this project prosper.
|
|
|
I'm done mate already have 10 post 3 thread and 7 post
1FB1mh8YSu8av9EHf6pcdtLrYM4weU94uK
thanks in advance.
|
|
|
Payout some more bounties today. I hope to fully concentrate next week on marketing subject. The number of people claiming for bounties has decreased, so i think we will see a few more every day but not the big amount like the last few days.
and we will start promoting as well just leave me a pm if you need some help for trolling this inside exchanges or on twitter so I can start good luck.
|
|
|
Probably will try some of them, nothing better to do and bet anyway. Some looks like brave ones, in my opinion Well all game starts, so wait for next one, i got some kind of insider bet, just waitng for confirmation and i will share that tip with all of you, odds is about over 2 , its about a football league, my neighboring country league count me in sir hope to win with you as well good luck as this game already been started.
|
|
|
I deposit some steps coins on DBIC EXCHANGE and its work ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) nice info mate dbic exchange working well and the next things to happen is to expect that many will use it and dbic coin will gain more popularity and use lets go to the moon again, thanks dev.
|
|
|
so now we have to wait until 2017 to get this coin over 1USD? Maybe DEV could make some game to play while we wait... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Dev said some kind of surprises soon so let's see what that brings. this surprises will maybe bring this coin to its new level maybe big pump will happen just hoping that community will benefits from this project updates. good luck guys. I think KUC is a sleeping Giant, just waiting to wake up ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) hoping as well mate it will just wake up and start the engine and go to the moon let see mate just hold and wait for it to explode. good luck buddy.
|
|
|
Hi I have a question: After Xaurum RICO every XAU=8000 XAUR. Therefore the price of 1 XAUR is 8000 times smaller than 1 XAU Current quotation XAU - $ 443,80 XAUR - $ 0,055475 This is correct? or the quotation of XAUR at level of current quotation XAU?
Thanks
You get 25% of discount on that. So its approximately 0,055475*0,75=0,04160625. The price fix should be announced just before the RICO start. thanks for this info sir i'm thinking joining the RICO and I just wanted to know the percentage of profits just in case and I know everyone whos joining thinks the same. good luck sir
|
|
|
|