You must be an absolute fool to believe that 9.2 billion USD actually flowed into Bitcoin. Market cap does not mean the amount of money that flowed into a stock. It is a simple metric, number of outstanding shares times the price. Perhaps think before name calling. Some seem to believe it does. Obviously Ekaros hinted at that by mentioning 'real market cap'. Bitcoin has not enough liquidity to live up to that number of 9 Billion, not even close. That number by 50 is what you could get out if you wanted, maybe. I'm not sure I follow you. If we look at the order book, there is a pretty solid number that we know (how many buyers below, sellers above - though manipulated). There are also orders not on the orderbook - and perhaps they dwarf it. Well, anyway, with all that BTC represents, perhaps it is fair to say that it deserves a HUGE market cap. We have a stock (in the network), asset, currency, protocol, development platform, commodity, etc. all in one. And, it is in the financial sector during a time of crisis. We have a new entity and by all measure, it certainly seems to be moving up in an S-Curve fashion. I would not be shocked in 5 years to see the "market cap" at 1 Trillion USD. But likewise, I would not be shocked (just saddened if the mission was not accomplished or set in motion) if it was lower than now. That would equate to ~$75,000 USD per bitcoin. Do you realize how much barn wood I could buy with that? And earn 500% profit when I sell it. I can...let me do the math...WoW! I can buy a new truck... and a couple goats. |
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I hold gold and bitcoin.
i buy things with btc all the time.
i have never ever ever ever bought anything with gold.
In the late 70's, I purchased gas with silver dimes and quarters. |
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Bitcoins into space and to the South Pole, all within a month. Who would've thunk it? The only thing left is to drop a Casascius Coin into the Mariana Trench and we're golden.
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Movie? I live under a rock, please link me.
Sorry to bust your bubble, but this is just a thought experiment. I have an idea as to whom shall play LukeJr.  And I'll demand that the Lady Bytes character operates outta of a barn.  |
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The following is the best suggestion, I believe, for Who will you cast as Satoshi in the upcoming Bitcoin hollywood movie?As all we have from Satoshi is text, Morgan Freeman doing the voiceover of it.
Now, we need to work on the co-star, not supporting actor, as to whom shall play Gavin Andresen as the leading scientist of Bitcoin. Suggestions? ~TMI BTCITW |
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As all we have from Satoshi is text, Morgan Freeman doing the voiceover of it.
I like this! |
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There's a $1,000 USD via Bitcoin endowment from Bitcoin 100 waiting to be transferred once Wikipedia starts accepting bitcoin donations.
~TMIBTCITW
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The current prize pool is $125.36You only have to be a Shrimpie to enter. ~TMI BTCITW |
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Wow! One of the most popular acoustic artists of the 70's would have turned 70 this coming December. Meanwhile, this 80 year old is on some bus...  |
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No, Gavin Andresen is Clark Kent; Satoshi is Superman!
Give me a second while I wrap my spinning head around this. |
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Just sent $20 (0.03175BTC) your way. I've got a huge amount of respect for what you're doing and will assist wherever I can. Keep up the good work!
Thanks a lot, CFT, for you kind donation. Jason will be around shortly to also thank your kindness. I'll be adding [16] to the tally momentarily. I, too, have just added $10 USD to the cause, and will be adding [8] to the tally referencing this post in Post #2 of this thread: https://blockchain.info/tx/56e3225d46633d692f9c74a19e7bc0f296d39af0c84ea646411655edeb6701fa$3 of the above donation is in BenTuras' name stemming from the following post. .... I believe you figured the BTC decimal amount incorrectly
Nope, I broke the rules intentially  Just for the fun of it and to add some to the pool prize. No need to send back the us$3, if you really want it out of the pool prize, donate it to the Red Cross. I'll assume you won't mind then I donate it to Sean's Outpost (not the Thansgiving fund). I'll add to it, thus it'll act as a bump to keep the thread close to the first page. Thank you so kindly, Ben, for not only playing, but allowing me to donate to SO in your name. Thanks to a third Bitfie by an unknown party, and the rise to the exchange rate, the prize pool is as follows: https://blockchain.info/address/1B2pGNTiES3V27cGBm6vu1rA15z5APxumuTotal Received $114.59 Sean's Outpost Bitcoin Address: 1M72Sfpbz1BPpXFHz9m3CdqATR44JvayddSean's Outpost is operated by Jason King, and all I do for them is maintain this thread. As seen above, we are only 10 meals away from reaching 2,000 meals served. That only equates to $12.50 USD regardless of what the exchange rate it. ~TMI BTCITW Thanks for keeping this going. I am running around like a headless chicken. Speaking if birds, are you bringing your own stones for the pit? I've been meaning to talk to you about that! Do I also have to bring the banana tree leaves? |
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I swear I thought I read "eats live chickens" and if that was the case, I would've cried, "Fowl!" |
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Sir Richard is not that up to speed as to what is Bitcoin, let alone how long its been around, stating its a new currency about a year old. But that's not what I wanted to comment upon prior to viewing the video. With SRB onboard, soon the major online marketing gurus will somehow embrace Bitcoin in their own special way, starting with this one known for his email blasts: http://www.youtube.com/watch?v=mmOum81dEIc&list=UUt5nvmF4PmVuPsufKVMxGKQ&index=66Whether a ticket was truly purchased for a gal from Hawaii to go into space, or it's just a marketing ploy, it's good news for the exchange rate of bitcoins. Shabambo! |
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piuk, you're doing it wrong! You're suppose to wait a week or two before a hack occurs at BlockChain, not just a few hours after I thank you. Surely, you don't want folks here to think you're some sort of amateur, now do you?
This post is strictly tongue-in-cheek, but I will quit laughing come tomorrow is the site is still down.
Later, bud.
~TMIBTCITW
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Good morning HK,
Friday, 22 November 2013, 07:04:47 HKT
A good day to make history?
50th anniversary of the JFK assassination... He penned assassination. Now, we're all fucked! |
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Bitcoin was not premined - this is known due to the newspaper headline in the genesis block. People really don't understand that?
Unless the Genesis Block was the first of the pre-mined bitcoins. I'll echo your sentiment, but wanted to state that first sentence nonetheless, because I'm... ~TMI BTCITW |
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