BoardGameCoin (OP)
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December 12, 2012, 09:23:22 PM |
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I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested. For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
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dree12
Legendary
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Activity: 1246
Merit: 1077
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December 12, 2012, 09:35:05 PM |
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I'm more concerned about the one week average. A fortnight isn't any significant timeframe, and seems more like cherry picking.
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BoardGameCoin (OP)
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December 12, 2012, 09:38:15 PM |
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I agree the weekly average is definitely relevant, but it hasn't crossed the historic high line yet. The monthly record was beaten about three months ago.
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I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested. For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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December 13, 2012, 12:19:26 AM Last edit: December 13, 2012, 11:43:10 PM by marcus_of_augustus |
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I think that calling it "Market Cap" is missing the point and also misleading.
It is actually the value of MB (monetary base) money supply for the bitcoin-based economy.
And would like to see it posted in gold oz as well as usd, eur, etc.
10,549,725 BTC
Base Money Supply based on latest prices :
143,476,260 USD or 110,824,861 EUR or 92,094,774 GBP or 83,904 ozAU
(note: total value of bitcoin stock is equivalent to merely 2.88 tons of gold)
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niko
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December 13, 2012, 08:40:19 AM |
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Would it be fair to try to account for "lost coins" when determining the monetary base? There were estimates based on history of coin age of ~2M coins lost back in the sub-cent days.
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They're there, in their room. Your mining rig is on fire, yet you're very calm.
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pazor
Legendary
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Activity: 966
Merit: 1000
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December 13, 2012, 08:42:40 AM |
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Would it be fair to try to account for "lost coins" when determining the monetary base? There were estimates based on history of coin age of ~2M coins lost back in the sub-cent days.
how can be these lost coins identified ?
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treuhand-Dienst gewünscht? - frag per PM an BTC 174X17nR7vEQBQo4GXKRGMGaTmB49Gf1yT
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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December 13, 2012, 11:46:58 PM |
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Would it be fair to try to account for "lost coins" when determining the monetary base? There were estimates based on history of coin age of ~2M coins lost back in the sub-cent days.
Yeah, I'm skeptical of this ~2M figure that gets bandied around .... you could watch the blockchain to see when/if those old coins ever move. Maybe after a generation (70 years?) you could say they are "lost" ... unitl then I'm going to be conservative from a prudent savers perspective and assume they could be mobilised.
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dree12
Legendary
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Activity: 1246
Merit: 1077
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December 14, 2012, 07:36:53 AM |
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Would it be fair to try to account for "lost coins" when determining the monetary base? There were estimates based on history of coin age of ~2M coins lost back in the sub-cent days.
Yeah, I'm skeptical of this ~2M figure that gets bandied around .... you could watch the blockchain to see when/if those old coins ever move. Maybe after a generation (70 years?) you could say they are "lost" ... unitl then I'm going to be conservative from a prudent savers perspective and assume they could be mobilised. I would not be surprised in the least if these ~2M bitcoins were lost. Movement of older coins has nearly halted since 2012.
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