Bitcoin Forum
December 11, 2017, 12:53:49 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Calculating the Market Cap of Yap's Rai Stones  (Read 1230 times)
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
March 19, 2013, 02:00:41 AM
 #1

Given the following...

http://www.bonhams.com/auctions/18574/lot/2034/

Quote
Largest width 11 1/2in
carved from crystallized calcite, the irregularly shaped circular disk pierced through the center and with natural stone undulations on the surface.

Sold for US$ 10,370 inc. premium



...could enough information be gleaned from the internet to get an accurate dollar figure with a 95+% degree of certainty?

Since we already have a dollar figure attached to a known size of one coin, how hard could it be? All we now need is:

  • The exact number of coins still on the island.
  • Their exact size if at all possible, possibly consider their weight as a measuring device.
  • Adjust the sale price to take into consideration inflation.

There might be a consideration or two I'm forgetting, but you get the idea. The more information gleaned, the more accurate the calculation would be.

Once calculated, an app could be built to show the daily market cap of Yapese stone money know as Rai Stones (Rai stones).
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
1512953629
Hero Member
*
Offline Offline

Posts: 1512953629

View Profile Personal Message (Offline)

Ignore
1512953629
Reply with quote  #2

1512953629
Report to moderator
vite
Legendary
*
Offline Offline

Activity: 997



View Profile
March 19, 2013, 09:40:52 PM
 #2

anti last post by Phinnaeus Gage  movement started

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.8%-1% House Edge
[/
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
March 20, 2013, 02:03:44 AM
 #3

anti last post by Phinnaeus Gage  movement started

Happy, happy, joy, joy! I finally have a stalker.  Grin
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
March 20, 2013, 08:48:01 AM
 #4

anti last post by Phinnaeus Gage movement started

Why don't you do something constructive like find on the internet how Rai stones there in Yap. I'll start the count for you: 1,...  Wink
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!