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Author Topic: Today the entire Bitcoin system can buy: ...  (Read 1738 times)
HostFat (OP)
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February 12, 2013, 10:19:25 AM
 #1

I would like to see a website (light and simple) that day by day show which things the entire Bitcoin system is able to buy if everyone will agree to sell their bitcoin/bitcoin-business Smiley

It will just be a website to advertise the power of the Bitcoin economy, I'm not asking for another kickstarter.

Examples:
- Today the Bitcoin economy is equal to X islands
- Today we could own 1/2 of Google
- Today we are able to buy the Y country.
...

It should have G+/Twitter/FB accounts to "spam" these achievements.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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February 12, 2013, 10:30:59 AM
 #2

Quote
- Today we could own 1/2 of Google

Ahm. google, market cap $258 billion.
Bitcoin money supply: $270 million.

Today we could own 0.1% of Google!
Not that its true, nor does it make a great headline, or does it.
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February 12, 2013, 10:34:55 AM
 #3

As I said, they are "Examples".

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February 12, 2013, 10:46:55 AM
 #4

ok, let's start this, could be fun.

Today all Bitcoins could buy this mansion:



Worth 200 Mil USD.

All previous versions of currency will no longer be supported as of this update
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February 12, 2013, 03:59:55 PM
 #5

With the total bitcoin market capitalization you could buy about:

1358 Bentleys (200.000/bentley)
1508 US houses (based on median house price jan 2013)
362 McDonald's franchises (based on the minimum investment of 750.000)
77 lunches with Warren Buffett (3.5M/lunch)
6 Picasso's (based on the auction price of "woman sitting near window")
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February 12, 2013, 05:16:17 PM
 #6

kinda like ... http://bgr.com/2013/01/25/apple-cash-analysis-306366/

now what's 137 B divided by 250 M?

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April 01, 2013, 09:59:49 PM
 #7

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html#top

"Swaziland $ 1,106,000,000"

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April 01, 2013, 11:37:30 PM
 #8

See this thread:

https://bitcointalk.org/index.php?topic=154954.0

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
hiima
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April 02, 2013, 02:30:06 AM
 #9

With all the bitcoins, you can buy my first born child.

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April 02, 2013, 05:22:13 PM
 #10

With all the bitcoins, you can buy my first born child.

You cleared this with the mother?   Wink

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April 02, 2013, 08:48:19 PM
 #11

This would be a fun hackathon project.  If someone else doen't do it before the bitcoin conference hackathon in May, I might take a crack at it then.

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April 05, 2013, 12:08:34 AM
 #12

What about one island that only excepts bitcoin.

With a ....

 bitcoin bank , bitcoin casino, bitcoin go go's , the list go on......
HostFat (OP)
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September 02, 2013, 02:01:20 PM
 #13

This is related with this idea Smiley
http://www.resallex.com/bitcoin/bmix

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September 02, 2013, 02:59:33 PM
 #14

Well, you would need to include order book depth - if I create 1 billion Sukrimdollars, then sell a single one for 10 USD, do I now hold 99 999 999 990 USD? Market caps are only useful in very liquid markets, BTCUSD is not very liquid at all.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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