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Author Topic: Parity watch -> Who's next?  (Read 56399 times)
grantbdev
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April 02, 2013, 09:24:44 PM
 #121

Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

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April 02, 2013, 10:20:42 PM
 #122

M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.

are you sure? I thought it included non-bank deposits, but not bank deposits. Humongeous difference.

EDIT:

Quote from: op-referenced source
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy, measured at a specific point in time. National currency units have been converted to US dollars at the closing exchange rate for the date of the information. Because of exchange rate movements, changes in money stocks measured in national currency units may vary significantly from those shown in US dollars, and caution is urged when making comparisons over time in US dollars. Narrow money consists of more liquid assets than broad money and the assets generally function as a "medium of exchange" for an economy.

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April 02, 2013, 10:26:03 PM
 #123

Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

Last I checked we are just past parity with Office Depot and US Airways.

But all of the ones nearby are mainly banks or foreign companies.

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April 02, 2013, 10:29:56 PM
 #124

M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.

are you sure? I thought it included non-bank deposits, but not bank deposits. Humongeous difference.

EDIT:

Quote from: op-referenced source
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy, measured at a specific point in time. National currency units have been converted to US dollars at the closing exchange rate for the date of the information. Because of exchange rate movements, changes in money stocks measured in national currency units may vary significantly from those shown in US dollars, and caution is urged when making comparisons over time in US dollars. Narrow money consists of more liquid assets than broad money and the assets generally function as a "medium of exchange" for an economy.




Includes demand deposits in banks, doesn't include money owned by financial institutions.
So Joe Soap's (immediately accessible) cash in the bank is counted. ABC Pension Fund's cash is not counted.
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April 02, 2013, 10:36:02 PM
 #125

Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

Some bitcoin price parity with stocks listed on the http://www.runtogold.com/bitcoin-price/ infographic:
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April 02, 2013, 11:23:44 PM
 #126

So, next target is Western Union then?   Grin
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April 02, 2013, 11:33:59 PM
 #127

Goodbye Botswana, Nicaragua here we come  Smiley

edit: 'twas a brief visit but enjoyable all the same. Next is Kyrgyzstan

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April 02, 2013, 11:48:12 PM
 #128

If we account for all 21 million coins the market cap is 2,4 billion $ so we are actually already at
$2,476,000,000.00   Honduras
grantbdev
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April 03, 2013, 12:15:13 AM
 #129

Goodbye Botswana, Nicaragua here we come  Smiley

Both Botswana and Nicaragua are in rear view mirror now, looking forward to Kyrgyzstan.

Sorry Nicaragua we did not stay long


Back to post soviet space to Kyrgyzstan soon



If I can count correctly, we've passed 50 countries! Awesome.

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April 03, 2013, 01:04:36 AM
 #130

If we account for all 21 million coins the market cap is 2,4 billion $ so we are actually already at
$2,476,000,000.00   Honduras


Yeah, and if we account for all ∞ US dollars the US market cap is greater than the rest of the world combined.
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April 03, 2013, 01:08:51 AM
 #131

Might want to add /Macendonia onto the title and add pics.  The two have almost indistinguishable M1s.

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April 03, 2013, 02:49:23 AM
 #132

Kyrgyzstan, Macedonia fall. It's been a big day  Cheesy

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April 03, 2013, 03:09:41 AM
 #133

Chad... Unfortunately it's also one of the world's failed states.
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April 03, 2013, 03:17:24 AM
 #134

$1,330,000,000.00   $121.14   Kyrgyzstan
$1,335,000,000.00   $121.60   Macedonia
$1,416,000,000.00   $128.97   Chad

On our way.  I'm checking the price as I type to make sure this is not out of date. 

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April 03, 2013, 03:20:23 AM
 #135

$1,330,000,000.00   $121.14   Kyrgyzstan
$1,335,000,000.00   $121.60   Macedonia
$1,416,000,000.00   $128.97   Chad

On our way.  I'm checking the price as I type to make sure this is not out of date. 

We have not yet reached Chad.
pyra-proxy
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April 03, 2013, 01:46:10 PM
 #136

Loving this thread.... with each and every country we are passing up it is fueling the perceived legitimacy to skeptical average joes.

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April 04, 2013, 02:22:32 AM
 #137

Bump. Have the parity prices for BTC been updated to reflect the fact that there are more bitcoins now?
BitcoinTate
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April 04, 2013, 02:27:04 AM
 #138

So what does that make BTC... G-100?

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keewee
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April 04, 2013, 02:52:50 AM
 #139

Do we downgrade Bitcoin on this list after a significant sell-off? Because right now we're sitting somewhere between Macedonia and Chad again   Grin

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caveden
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April 04, 2013, 06:31:11 AM
 #140

Bump. Have the parity prices for BTC been updated to reflect the fact that there are more bitcoins now?
Do we downgrade Bitcoin on this list after a significant sell-off? Because right now we're sitting somewhere between Macedonia and Chad again   Grin

The following link takes into account both inflation and price fluctuations: http://bitcoin.zinetsolutions.be/

I think it's nice to keep the topic title pointing to the country we haven't yet passed, not even for a while.

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