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vm_mpn (OP)
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October 14, 2015, 01:15:47 PM
 #21

Firstly can you explain better what does it mean this sentence: "can absorb complete index of over 160 world's currencies (including IMF conversion notes), and do this four times."

Sorry but my knowledges don't allow me to understand the real meaning of this phrase and what mean (the importance of) this meaning for the bitcoin.

Then it will be better if you give the source of this news. This can give to much info about its importance. This list is an list made by you yourself, by an institution, it is a formal list published in some financial place or site, or is a list made from some organization which have to do with bitcoin? Or what? Then, even maybe everyone of us who are in this forum might not like this, this list doesn't mean that bitcoin is known or is used in all those countries. I bet in this. All the currencies are connected (changed) with each other and it is not hard to create a such lists and to publish those using the rates of the change between all those. I think that are other data those who can give an real and right idea about the importance and the power that bitcoin have in each of those countries.


Not really news - just some raw statistics.
If you convert each unit of all world's currencies to USD you will get around $56 in total which is around 1/4 - 1/5 of recent BTC exchange rate. 
I used XE currency data conversion here: http://www.xe.com/currencytables/?from=USD&date=2015-10-14
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October 14, 2015, 01:39:53 PM
 #22

Firstly can you explain better what does it mean this sentence: "can absorb complete index of over 160 world's currencies (including IMF conversion notes), and do this four times."

Sorry but my knowledges don't allow me to understand the real meaning of this phrase and what mean (the importance of) this meaning for the bitcoin.

Then it will be better if you give the source of this news. This can give to much info about its importance. This list is an list made by you yourself, by an institution, it is a formal list published in some financial place or site, or is a list made from some organization which have to do with bitcoin? Or what? Then, even maybe everyone of us who are in this forum might not like this, this list doesn't mean that bitcoin is known or is used in all those countries. I bet in this. All the currencies are connected (changed) with each other and it is not hard to create a such lists and to publish those using the rates of the change between all those. I think that are other data those who can give an real and right idea about the importance and the power that bitcoin have in each of those countries.


Not really news - just some raw statistics.
If you convert each unit of all world's currencies to USD you will get around $56 in total which is around 1/4 - 1/5 of recent BTC exchange rate. 
I used XE currency data conversion here: http://www.xe.com/currencytables/?from=USD&date=2015-10-14

Good. Now everything is clear for me. Is a list made from you. A very good initiative which give an idea about the value of bitcoin in every world currency (or almost if not all). It is impressively the value of bitcoin even this is well known but every person which know bitcoin. The only thing that needed nor for the bitcoin it is its regulation and its value will have legality; this mean that its value can be increased more and more.
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